News on Italian Stocks

ENI-Oil-CompanyUNICREDIT

UniCredit’s up and coming European division, Bank Austria, announced that
it has chosen a chairman and chief financial officer. He was chosen from
the group during a reshuffle of executive management.

FIAT

Fiat and Chrysler CEO, Mr. Sergio Marchionne, said that in the coming Fiat – Chrysler JV, Fiat will maintain ownership of the Turin Factory.

ENI

Roberto Poli, Eni chairman, said that the oil group’s results were “good” in 2010 and that they should also be good in 2011.

FINMECCANICA

According to Consob, a stock market regulator, The Libyan Investment Authority has over a 2 % share in the defense and aerospace firm.

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