Italian Stocks - Factors to watch on July 15

MILAN, July 15 (Reuters) - The following factors could
affect Italian markets on Wednesday.

Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).

ENEL (ENEI.MI)

The utility is looking at ways to finance construction of
nuclear plants in Italy from 2013, with possible bond issues on
the cards, Enel's chief executive said on Tuesday during a visit
to Slovakia. [ID:nLE566820]

UBI BANCA EBI.MI

The bank's 639 million euros convertible bond issue, which
closed last Friday, was subscribed 97.74 percent, the bank said
on Tuesday. Remaining rights to subscribe to the bond will be
sold between July 20-24, it said.

UNICREDIT (CRDI.MI)

The trustee hunting for assets linked to the Bernard Madoff
fraud on Tuesday sued an investment fund controlled by Austria's
Bank Medici and the fund's custodian, a unit of HSBC Holdings
Plc (HSBA.L) for $578 million.

UniCredit holds a 25 percent stake in Medici, with Medici
Chairwoman Sonja Kohn owning the rest. [ID:nN14285996]

BULGARI (BULG.MI)

Milan broker Cassa Lombarda reiterated its "sell" rating on
the luxury stock in a note ahead of second quarter results at
the end of July revising down its full year earnings estimates.

TENARIS (TENR.MI)(TENA.BA)

Cassa Lombarda reiterated its "sell" rating on the steel
tube maker leaving its earnings estimates unchanged and saying it expected a weak second quarter.

SMALL AND MID-CAPS

CREDITO VALTELLINESE (PCVI.MI)

The north Italian bank is buying up to 80 percent in Banca
Cooperativa Cattolica, which is based in Viterbo near Rome and
which at the end of 2008 had net assets of 28.8 million euros,
the banks said in a joint statement on Tuesday.

Creval is paying for the Viterbo bank in a mix of shares and
cash. Shares make up 30 percent of the payment. The cash payment
would be 46 million euros if 80 percent of the target
shareholders accept the offer, they said.

AICON (BW1.MI)

The motoryacht maker reported stronger sales and margins in
the third quarter but posted a net loss of 2.6 million euros
compared with a profit of 3.1 million euros in same period a
year ago, it said on Tuesday. [ID:nLE579143]

RDB (RDB.MI)

The building materials group sees its market recovering in
mid-2010 and has no need to launch a capital increase as its
debt is under control, its chief executive said on Tuesday in a
Reuters interview. [ID:nLE539899]

IKF (IKF.MI)

The investment company, which is quoted on AIM Italia, could
study setting up a consortium of businessmen led by IKF to merge
with Milan's Banca MB, IKF said in a statement on Tuesday.

The following company will hold a meeting of its savings
shareholders:

TELECOM ITALIA MEDIA (TCM.MI)