The following factors could affect Italian markets on Wednesday.
    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 .
    
    POLITICS
    Rome, conference on "The Independent Evaluation of the OECD
on the Italian StartUp Act" with Chamber of Deputies Speaker
Roberto Fico, Deputy Prime Minister and Labour Minister Luigi Di
Maio (0800 GMT).
    Rome, 50th edition of "Barcolana" presentation with Cabinet
Undersecretary Giancarlo Giorgetti, Friuli-Venezia-Giulia Region
Governor Massimiliano Fedriga (1000 GMT).
    Rome, Infrastructure and Transport Ministry presents first
national day for seismic prevention with Minister Danilo
Toninelli (1030 GMT).
    Rome, Deputy Prime Minister and Economic Development and
Labour Minister Luigi Di Maio attends 'question time' at Chamber
of Deputies (1300 GMT).
    
    ECONOMY
    Italy's 5-Star leader Luigi Di Maio told ministers on
Tuesday that the 2019 budget targets must account for their key
demands, including a minimum income for the poor and unemployed,
or it would not win the support of his group in parliament.
 urn:newsml:reuters.com:*:nL8N1WB6GI
    Italian Deputy Prime Minister Luigi Di Maio repeated on
Wednesday that a 2019 deficit that exceeded 2 percent of output
was not out of the question, but added that the ruling coalition
would be responsible with the budget.  urn:newsml:reuters.com:*:nR1N1UG02G
    Rome, builders' association Ance presents policies on real
estate taxation with Economy Ministry Undersecretary Massimo
Garavaglia (0730 GMT).
    Rome, trade association Confcommercio holds conference on
tax with President Carlo Sangalli, Economy Minister Giovanni
Tria (0830 GMT).
    
    DEBT
    Treasury sells 6.0 billion euros 6-month BOT bills.
Subscriptions close at 0900 GMT.
    
    COMPANIES
    ATLANTIA  ATL.MI 
    The Italian government and Autostrade got into a war of
words on Tuesday after Rome published a report blaming the toll
road operator for failings in the deadly Genoa bridge collapse.
 urn:newsml:reuters.com:*:nL8N1WB4HT  urn:newsml:reuters.com:*:nI6N1VP01B
    
    FIAT CHRYSLER  FCHA.MI 
    Fiat Chrysler Automobiles NV said on Tuesday that U.S.
regulators have received a "wake-up call" from automakers over
the hurdles they face in trying to meet rising Obama-era
fuel-efficiency requirements.  urn:newsml:reuters.com:*:nL2N1WB15M    
(*)  Magneti Marelli COO Pietro Gorlier, who is expected to be
appointed head of FCA's EMEA region, will be substituted by
Magneti Marelli Automotive Lighting CEO Ermanno Ferrari, Il
Corriere della Sera reported.
    
    BANCA CARIGE  CRGI.MI 
    Leading Carige investor Raffaele Mincione has no plans to
sell its stake in the Italian bank after failing to gain control
of the lender's board last week, a source close to Mincione
said.  urn:newsml:reuters.com:*:nL8N1WB5R1
    
(*) UNICREDIT  CRDI.MI 
    Chief Executive Jean Pierre Mustier will try to push on
"external growth" at the end of the bank's current plan, as
announced in the lender's first-half results in August and M&A
options could include Britain's Lloyd's Bank  LLOY.L , Dutch Abn
Amro  ABNd.AS  or ING  INGBK.UL , Il Sole 24 Ore reported. It
added that UniCredit did not comment rumours and that the goal
will be hard to reach, not only because of regulatory hurdles,
but also as it would imply convincing institutional investors on
the move.  
            
    MEDIOBANCA  MDBI.MI 
    Mediobanca shareholder Italmobiliare says to withdraw from
the bank's shareholder pact.  urn:newsml:reuters.com:*:nFWN1WB0JW
    
(*) BANCO BPM  BAMI.MI 
    The lender has decided to split in two the NPL portfolio of
its so-called Ace project, worth 9 billion euros, for which it
had already short-listed three bidders, Il Messaggero reported.
The two portfolios will now consist of one of 8 billion euros,
made up of bad loans, and a separate leasing portfolio for 1
billion euros, the report added 
    
(*) ITALIAN BANKS 
    Italy's central bank has sent letters to small lenders,
which could merge into one of three larger groups being formed
in a push to reform the cooperative banking sector, urging them
to call shareholder meetings by the first half of December to
decide on this move ahead of an end of January deadline, Il Sole
24 Ore reported.
    
(*) ASTALDI  AST.MI 
    The group, which has a 2.5 billion debt, is ready to
evaluate filing a so-called "blank" debt restructuring plan,
which will be examined by its board in two days, Il Sole 24 Ore
reported. According to the procedure the company will have
between 120 and 180 days to decide whether to press ahead with
request for court protection from creditors or opt for a
negotation, the report added.   
               
(*) TELECOM ITALIA (TIM)  TLIT.MI   
    The sale of TIM's its Sparkle unit has been put on hold and
no mandate has been given to banks, as the group needs to
clarify the government's intentions over the subsidiary given
its strategic role, Il Sole 24 Ore reported.     
  
(*) TENARIS  TENR.MI 
    The group said on Tuesday it would acquire a significant
stake in Saudi Steel Pipe company after it acquired from a
private group 47.49 percent of shares in the company for $144
million.  urn:newsml:reuters.com:*:nASB00OMI
    
(*) ENI  ENI.MI  
    International investors in Eni are not alarmed by the
decisions and declarations of the Italian government as 95
percent of the group's activities is abroad, CEO Claudio
Descalzi said in an interview with Corriere della Sera, adding
the company had "constructive and positive relations". 
    
(*) CATTOLICA ASSICURAZIONE  CASS.MI  
    The insurer signed on Wednesday an agreement to buy a 35
percent stake in IMA Italia Assistance.  urn:newsml:reuters.com:*:nFWN1WB0QM    
    
    LEONARDO  LDOF.MI 
    CEO Alessandro Profumo attends conference on "Cybertech
Europe" in Rome (0700 GMT).  
    
(*) TOD'S  TOD.MI 
    The Italian luxury group has launched the first
collaboration of its 'Factory' project - which entails more
collections during the year as well as limited editions with
famous designers - with Italy's Alessandro Dell'Acqua, Corriere
della Sera and MF reported. "Alessandro is the first of a long
series, we want four 'capsule' collections a year,"  chairman
Diego Della Valle was quoted as saying by Corriere della Sera.  
    
    
    ALITALIA  CAITLA.UL 
    Commissioners speak before Chamber of Deputies Industry and
Transport committees (1230 GMT).
    
    SPRINTITALY  SPRT.MI 
    Board meeting on FY results.
    
    Board meetings on H1 results: ALFIO BARDOLLA  ABTG.MI ,
ARCHIMEDE  ARCHIM.MI , BRIOSCHI SVILUPPO IMMOBILIARE  BRUI.MI ,
DIGITAL360  DIGT.MI , DOMINION HOSTING HOLDING  DHH.MI ,
ESAUTOMOTION  ESAU.MI , FRENDY ENERGY  FDE.MI , GAMBERO ROSSO
 GAMB.MI , H-FARM  HFARM.MI , ORSERO  ORSO.MI , PITECO
 PITE.MI , PRISMI  PRSM.MI , S.M.R.E.  SMRR.MI , TELESIA
 TLSA.MI  (1330 GMT).
    
    Ordinary shareholders' meetings: 4AIM SICAF  4AIM.MI  (1300
GMT), EQUITA  EQUI.MI  (1000 GMT).
    
    ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, 
milan.newsroom@news.reuters.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 
  Xetra DAX............. .GDAXI   Frankfurt market stories .F 
  CAC-40................. .FCHI   Paris market stories... .PA 
  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/