Italy - Factors to watch on August 12
The following factors could affect Italian markets on Monday.
Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).
For a complete list of diary events in Italy please click on IT/DIA.
COMPANIES
Milan Stock Exchange After Hours market closed.
SARAS SRS.MI
Vitol-backed Varas said on Friday it had crossed the 66.67% threshold needed for extraordinary shareholder resolution after buying out minority investors in the Italian oil refiner holding in total 29.6% of its capital - meaning it owns 79.72% of Saras when including its initial stake. It added it would reopen the buyout offer, which has been extended to Aug. 16, between Aug. 26-30.
GENERALI GASI.MI
Italy's top insurer's shares closed down 1.9% after its non-life segment was hit by the impact of natural disasters in the first-half of the year, while operating profit was boosted by the group's life and wealth management businesses.
ENEL ENEI.MI
The Chilean government applied new pressure on Friday on Italian power distributor to expedite the process of restoring power to customers who have been without electricity since a severe storm caused prolonged service disruptions last week.
AZIMUT AZMT.MI
Founder and Chairman Pietro Giuliani was quoted as saying in Saturday's Milano Finanza he "could neither deny nor confirm" a foreign press report about Oaktree being in exclusive talks to buy a stake in the Italian asset manager's Australian business, adding that "something is happening."
(*) LEONARDO LDOF.MI
Brazilian emergency crews on Saturday recovered the remains of the 62 victims aboard an airliner - an ATR-72 turboprop - that plunged to the ground near Sao Paulo the day before, killing all on board. Franco-Italian ATR, jointly owned by Airbus and Leonardo, told Reuters on Friday that its specialists were "fully engaged" with the investigation into the crash.
E-NOVIA E9IA.MI
Starts capital increase; ends on Aug. 29.
For Italian market data and news, click on codes in
brackets:
20 biggest gainers (in percentage).............PG.MI
20 biggest losers (in percentage)..............PL.MI
FTSE IT allshare index .FTITLMS
FTSE Mib index........ .FTMIB
FTSE Allstars index... .FTSTAR
FTSE Mid Cap index.... .FTITMC
Block trades.......... .BLK.MI
Stories on Italy...... IT-LEN
For pan-European market data and news, click on codes in
brackets:
European Equities speed guide...................EUR/EQUITY
FTSEurofirst 300 index...............................FTEU3
DJ STOXX index.......................................STOXX
Top 10 STOXX sectors............................PGL.STOXXS
Top 10 EUROSTOXX sectors.......................PGL.STOXXES
Top 10 Eurofirst 300 sectors....................PGL.FTEU3S
Top 25 European pct gainers........................PG.PEUR
Top 25 European pct losers.........................PL.PEUR
Main stock markets:
Dow Jones................DJI Wall Street report ......N
Nikkei 225..............N225 Tokyo report.............T
FTSE 100................FTSE London report............L
Xetra DAX..............GDAXI Frankfurt market stories.F
CAC-40..................FCHI Paris market stories....PA
World Indices.....................................0#.INDEX
Reuters survey of world bourse outlook.........EQUITYPOLL1
Western European IPO diary..........................WEUIPO
European Asset Allocation........................EUR/ASSET
Reuters News at a Glance: Equities...............TOP/EQE
Main currency report:...............................FRX/
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