The following companies may be active in Italian trading. Stock symbols are in parentheses and share prices are from the previous close.
Italy’s benchmark FTSE MIB Index fell 26.13, or 0.1 percent, to 20,829.83 in Milan.
Banca Profilo SpA (PRO IM): The lender said nine-month net income rose to 2.7 million euros ($3.7 million) from 899,000 euros a year earlier, according to a statement distributed through the Italian stock exchange. The shares declined 0.11 percent to 45.45 cents.
Banco Popolare SC (BP IM): Italy’s fifth-biggest bank said profit in the third quarter fell 73 percent after lending income declined and a year-earlier tax gain wasn’t repeated. The shares rose 4.3 percent to 3.66 euros.
Separately, General Manager Marco Morelli told La Stampa in an interview that the bank aims to grow in regions including Sicily and Trentino-Alto Adige where it has a lower market share. The shares increased 0.4 percent to 2.34 euros.
Pininfarina SpA (PINF IM): The car designer said its nine- month net loss increased to 33.8 million euros from 18.1 million euros a year earlier, according to a statement. The company expects a 2010 net loss wider than last year’s. The shares gained 2.7 percent to 3.215 euros.
Premafin Finanziaria SpA Holding di Partecipazioni (PF IM): The holding, which controls insurer Fondiaria-Sai SpA, may offer warrants to attract investors for its planned rights offer, Il Messaggero reported, without saying where it got the information. The shares advanced 0.2 percent to 91.4 cents.
Tiscali SpA (TIS IM): The phone and Internet company said its nine-month net loss narrowed to 15.4 million euros from 418 million euros a year earlier, according to a statement. The company estimates 2010 revenue of about 280 million euros. The shares fell 2.1 percent to 9.75 cents.
Unione di Banche Italiane SCPA (UBI IM): Italy’s fourth- largest bank said third-quarter profit rose 57 percent as earnings from asset sales and lower provisions for bad loans offset a slump in lending income. The shares rose 0.4 percent to 7.25 euros.
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