Milan shares AFX at a glance outlook |
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Published
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Fri, 19 Jan 2007 08:53
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MILAN (AFX) - Share prices are expected to open slightly lower in the wake of overnight losses on Wall Street, dealers said.Yesterday, the Mibtel index fell 0.02 pct to 32,116 points and the S&P/Mib fell 0.09 pct to 41,711.Volume was an estimated 5.065 bln eur.FORTHCOMING EVENTSToday-Italy Nov industrial sales, orders (10.00 am)-Capitalia EGM (10.30 am)-Cabinet meeting (10.00 am)Tomorrow-Popolare Italiana EGM to vote on reinstatement of CEO (10.00 am)TODAY'S PRESS-Mediaset, RAI will have to refund part of state aid for digital TV decoders (MF)-JP Morgan, Intesa's Caboto probed for role in Saras IPO (Il Sole 24 Ore)-Bank of Italy blocked Credit Mutuel from hiking BPM stake to 15 pct from 2 pct (Il Sole 24 Ore)-Insurance regulator asks Cattolica, Axa to refund commissions on low risk products (La Repubblica)-Italy govt reaches deal with unions to review public administration (La Repubblica)-Italy govt today starts talks with employers, unions on liberalisation, welfare reforms (La Repubblica)-Italy pension reforms need adjustments to help balance public accounts - Almunia (La Repubblica)COMPANY NEWS-Alitalia CEO Cimoli resigns from Air France-KLM boardMACROECONOMIC/POLITICS/MISCELLANEOUS-Italy Nov current account deficit 2.602 bln eur vs deficit 2.873 bln yr earlier-Italy's antitrust authority calls for removal of petrol station restrictions-Philippine govt postpones sale of power grid to early February, Terna among bidders-German state of Berlin asks potential buyers for LBB to declare interest, Unicredito's HVB potential bidderMARKET NEWS/SENTIMENT-Luxottica upped to 'buy' from 'hold' by Deutsche Bank, target 26.5 eur vs 26.0-Fiat upgraded to 'buy' from 'neutral' by UBS, tgt 20 eur vs 16philip.webster@thomson.compw/vlbCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Mergers and acquisitions highlights to 15:50 GMT 