Italy - Factors to watch on September 1

Reuters

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 (*).

POLITICS

Rome, Spending Review. Carlo Cottarelli meets reporters on

cutting the number of publicly-owned local service companies

(1300 GMT).

Rome, Prime Minister Matteo Renzi to hold news conference on

government reform plans.

ECONOMY

Markit/ADACI releases August PMI manufacturing (0745 GMT).

Assogestioni expected to release July fund flows data.

Transport Ministry releases August car sales (1600 GMT).

August state sector borrowing requirement data.

COMPANIES

FIAT

The chief executive of Fiat-Chrysler, Sergio Marchionne,

said on Saturday that Oct. 13 was the most likely date for the

listing of the group on Wall Street and did not rule out a

possible capital increase at the world's No. 7 auto group.

TELECOM ITALIA

The Italian phone company will consider all options to

bolster its Brazilian unit, TIM Participacoes, after

it lost a battle to buy Brazilian broadband business GVT,

Telecom Italia Chairman Giuseppe Recchi told Corriere della

Sera.

Hong Kong-based conglomerate Hutchison Whampoa

could be still open to discuss a tie-up with Telecom Italia,

daily La Repubblica reported on Sunday in an unsourced report.

The Italian group has decided to extend the deadline to

complete the sale of Telecom Argentina by another

three weeks from Sept. 1, Il Sole 24 ore reported on Saturday.

Il Sole also said that if as expected Vivendi takes a stake

in Telecom Italia as part of its sale of GVT to Telefonica, the

three Italian investors in Telco - Mediobanca,

Generali and Intesa Sanpaolo - could delay

their exit from the group to side with the French company.

ENI, ENEL

Legislation approved by the Italian cabinet on Friday aim to

increase the powers of the national government to authorise the

exploration and production of oil and gas, reducing the powers

of veto by local authorities. Provisions in the "Unblock Italy"

decree aim to boost private investments in the energy sector by

cutting red tape and introducing a single permit for E&P

activity.

ATLANTIA, SIAS

The Italian government will review and possibly extend

motorway licenses for operators who commit to investing in the

road networks, as envisaged in the Unblock Italy decree approved

by the cabinet on Friday.

GENERALI

A board meeting on July 30 approved a capital-boosting plan,

including the launch of new subordinated bonds whose proceeds

will be used to buy back already issued subordinated bonds for

up to 1.5 billion euros, Corriere della Sera said on Saturday.

* LUXOTTICA

Holds board meeting on position of CEO Andrea Guerra and

management structure; followed by webcast (1700 GMT).

The company's 79-year-old Chairman Leonardo Del Vecchio is

set to return to a more active role at the Italian eyewear maker

after the likely exit of its chief executive, a move which could

raise questions about its management in the longer term.

The eyewear company's Head of Marketing Antonio Miyakawa

could be choosen to be part of the new top management team that

will replace Guerra, daily La Stampa reported on Monday.

* FINMECCANICA, ANSALDO STS

A deadline to submit bids for Finmeccanica units Ansaldo STS

and AnsaldoBreda expired at the end of August.

ITALIAN BANKS

Italian government bond holdings of the country's top-ten

lenders were worth 238 billion euros at the end of June, nearly

unchanged from the amount the banks held at end 2013, daily Il

Sole 24 Ore reported on Sunday citing balance sheets' data.

A.S. ROMA

The soccer club said on Saturday it had bought player Jos

Holebas from Greel team Olympiacos Football Club for 1 million

euros.

For Italian market data and news, click on codes in

brackets:

20 biggest gainers (in percentage)............

20 biggest losers (in percentage).............

FTSE IT allshare index

FTSE Mib index........

FTSE Allstars index...

FTSE Mid Cap index....

Block trades..........

Stories on Italy......

For pan-European market data and news, click on codes in

brackets:

European Equities speed guide...................

FTSEurofirst 300 index..............................

DJ STOXX index......................................

Top 10 STOXX sectors...........................

Top 10 EUROSTOXX sectors......................

Top 10 Eurofirst 300 sectors...................

Top 25 European pct gainers.......................

Top 25 European pct losers........................

Main stock markets:

Dow Jones............... Wall Street report .....

Nikkei 225............. Tokyo report............

FTSE 100............... London report...........

Xetra DAX............. Frankfurt market stories

CAC-40................. Paris market stories...

World Indices.....................................

Reuters survey of world bourse outlook.........

Western European IPO diary..........................

European Asset Allocation........................

Reuters News at a Glance: Equities...............

Main currency report:...............................

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