Italian Stocks - Factors to watch on July 8
MILAN, July 8 (Reuters) - The following factors could affect Italian markets on Tuesday.
Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).
GENERALI (GASI.MI: Quote, Profile, Research)
Activist fund Algebris has again taken aim at the insurer, this time questioning its investment in control of Telecom Italia (TLIT.MI: Quote, Profile, Research) and in Banca Carige (CRGI.MI: Quote, Profile, Research).
For a full story, double click on [nL07213916].
FIAT (FIA.MI: Quote, Profile, Research)
The car maker will temporarily shut down most of its plants in Italy for periods in the coming months because of weak demand for its cars.
The measure -- which will send thousands of workers home on a reduced salary -- is the harshest since the industrial group fell on hard times at the beginning of the decade.
For a full story, double click on [nL07133264].
A Fiat plant will begin assembling cars in Iran by next autumn, according to several newspapers; it will start with 50,000 units of the Siena model a year with parts imported from Fiat's joint venture in Turkey.
ATLANTIA (ATL.MI: Quote, Profile, Research)
The toll-road operator forecast annual revenue growth of 4 percent through 2012 and announced plans to expand abroad. But its shares fell on Monday after regulators asked for a rethink of new highway rules.
For a full story, double click on [nL0794429].
BANCA POPOLARE DI MILANO (PMII.MI: Quote, Profile, Research)
The cooperative bank's board meets amid reports its director-general, Fabrizio Viola, might resign.
BANCA MONTE DEI PASCHI (BMPS.MI: Quote, Profile, Research)
The bank is set to sell 70 percent of its asset management unit and 49 percent of Banca del Monte di Parma as part of its sale of assets to fund its purchase of Banca Antonveneta, Il Sole 24 Ore reports; it is expected to raise 400 million euro for the asset manager and 100 million euros for its Parma stake.
ALITALIA (AZPIa.MI: Quote, Profile, Research)
The airline's cargo business has attracted the interest of Alcide Leali, the founder of Air Dolomiti, and Miro Radici, an industrial group, Il Sole 24 Ore says.
* The government could consider changing an antitrust law to make it easier for the airline to merge with domestic rival Air One, according to MF.
ACEA (ACE.MI: Quote, Profile, Research), GAS PLUS (GSP.MI: Quote, Profile, Research)
The Italian utility has formed a partnership with Gaz de France GAZ.PA and Gas Plus to set up a gas storage facility.
For a story, double click on [nPAC009634].
IMPREGILO (IPGI.MI: Quote, Profile, Research)
The construction company said it had been notified that an investigation into the handling of rubbish in the Campania region by its Fisia Italimpianti, Fibe and Fibe Campania units had concluded -- a precursor to a decision on whether the case goes to court. It said the units were confident of being able to demonstrate they had acted completely within the law.
* RCS MEDIAGROUP (RCSM.MI: Quote, Profile, Research)
Dresdner starts coverage of the media group with a "sell" rating and a price target of 1.25 euros.
For a story, double click on [nWNA9169].
* INTESA SANPAOLO (ISP.MI: Quote, Profile, Research), BANCO POPOLARE (BAPO.MI: Quote, Profile, Research), UBI BANCA (UBI.MI: Quote, Profile, Research)
Credit Suisse slightly lowers its target price for each of the banks while keeping its rating on them unchanged.
For more research alerts on Italian stocks, double click on [IT-RCH-LEN-RTRS].
* ROBERTO CAVALLI
Designer Roberto Cavalli has decided not to sell his fashion house, he told Il Sole 24 Ore newspaper, because prices have fallen during the market crisis.
For a full story, double click on [nL08340765].
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