Thursday, March 29, 2012

Reuters: Financial Services and Real Estate: Italian stocks - Factors to watch on March 30

Reuters: Financial Services and Real Estate
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Italian stocks - Factors to watch on March 30
Mar 30th 2012, 04:00

Fri Mar 30, 2012 12:00am EDT

The following factors could affect Italian markets on Friday.

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

ENI

Eni has agreed to sell its 3.5 billion euro ($4.65 billion) stake in Portuguese energy company Galp Energia in phases as it moves to shift its focus to developing large upstream oil and gas development.

TELECOM ITALIA

Italy's biggest telecom player Telecom Italia posted a 2011 net loss of 4.726 billion euros, after a 7.3 billion euro goodwill write-down on its domestic business due to a worsening of the economic prospects.

FONDIARIA-SAI, PREMAFIN

The troubled Italian insurer said on Thursday that comparisons of its financial situation with that of well-known companies that have faced bankruptcy was hurting its shares.

BENETTON

The Benetton family holding buyout offer of minority shareholders to delist the clothing retailer ends on Friday.

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...... IT-LEN

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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