Italy - Factors to watch on Aug. 11

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 (*).

For a complete list of diary events in Italy please click on IT/DIA.

ECONOMY

ISTAT releases July CPI final data (0800 GMT) and June foreign trade data (0900 GMT).

Bank of Italy releases June data on Italian residents' deposits with domestic banks, banks lending to non-financial companies and gross bad loans at Italian banks.

COMPANIES

MEDIOBANCA MDBI.MI, BANCA GENERALI BGN.MI

Leading governance adviser Institutional Shareholder Services (ISS) said on Friday it was keeping its recommendation for Mediobanca shareholders to vote in favour of the buyout offer for Banca Generali at the meeting called on August 21.

Monday marks the cutoff date for Mediobanca shareholders to register in order to be able to take part in the August 21 vote.

(*) Proxy adviser Pirc has also recommended that Mediobanca shareholders cast a favorable vote at the meeting, daily La Repubblica reported on Sunday.

Four of the 10 Generali board members who were appointed in April in the slate of nominees filed by the insurer's top shareholder Mediobanca have confirmed in writing they had been informed of takeover plans for Banca Generali, Il Messaggero reported on Sunday citing unnamed sources.

(*) Preliminary estimates suggest around 33% of shareholders are in favour of the offer, Il Corriere della Sera reported on Monday. A successful bid will require 50.01% of the votes. Turnout is expected to be around 75-76%, the newspaper added.

(*) RECORDATI RECI.MI

Jefferies on Monday raised its rating on the Italian pharmaceutical company to "buy" from "hold", setting a target price of 61.5 euros from 55 euros previously.

Milan Stock Exchange After Hours market closed.

BANKS/INSURERS

Italy's government is working on options to tighten the system of state guarantees for bank loans to small businesses, Il Sole 24 Ore reported on Sunday, adding one idea was to have companies take out insurance policies against catastrophes to access state-guaranteed loans and ask banks to check firms pay welfare contributions or meet anti-money laundering rules.

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

For Italian market data and news, click on codes in
brackets:

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

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

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

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

European Equities speed guide...................EUR/EQUITY

FTSEurofirst 300 index...............................FTEU3

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

Top 10 STOXX sectors............................PGL.STOXXS

Top 10 EUROSTOXX sectors.......................PGL.STOXXES

Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

Top 25 European pct gainers........................PG.PEUR

Top 25 European pct losers.........................PL.PEUR

Main stock markets:

Dow Jones................DJI Wall Street report ......N

Nikkei 225..............N225 Tokyo report.............T

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

World Indices.....................................0#.INDEX

Reuters survey of world bourse outlook.........EQUITYPOLL1

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

European Asset Allocation........................EUR/ASSET

Reuters News at a Glance: Equities...............TOP/EQE

Main currency report:...............................FRX/