Milan shares AFX at a glance outlook |
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Wed, 31 Jan 2007 08:52
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MILAN (AFX) - Share prices are expected to open little changed in cautious trade ahead of the US FOMC meeting on interest rates today, dealers said.Yesterday, the Mibtel index ended up 0.04 pct at 32,504, while the S&P/Mib index rose 0.07 pct at 42,290, on volumes of some 5.24 bln eur.FORTHCOMING EVENTSToday-Italy Dec PPI, forecast 5.2 pct rise yr-on-yr (10.00 am)-Milan, Brescia mayors meet to discuss AEM, ASM Brescia merger-Fiat presents Bravo model, Rome (9.00 am)-Terna 2007-2011 industrial plan presentation (11.00 am)TODAY'S PRESS-Italy govt studies sale of Terna to foundations (Finanza & Mercati)-Italy's Consob to clear in Feb-March new Borsa Italiana rules (MF)-Italy retailers Conad, Interdis link up (La Repubblica)-Italy govt books higher-than-expected tax revenues in 2006 (Il Sole 24 Ore)COMPANY NEWS-Bulgari Q4 sales 323.6 mln eur vs 311.2 mln, driven by Far East-Generali places 2 hybrid bonds worth equivalent of 2 bln eur-Alitalia pilots see interest from European banks for buy-out initiativeMACROECONOMIC/POLITICS/MISCELLANEOUS-Italy Jan services business confidence index 25 vs 24 in Dec - ISAEMARKET NEWS, SENTIMENT-Tod's upgraded to 'buy' vs 'hold' at Deutsche Bankphilip.webster@thomson.compw/icCOPYRIGHTCopyright 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 