Italy - Factors to watch on Dec. 28

Abitare In SpA

28/12/2016 05:00

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 . 
     
    WEDNESDAY DECEMBER 28 
     
    ECONOMY 
    ISTAT releases December business and consumer confidence 
data (0900 GMT). 
     
    DEBT 
    Treasury sells 6.5 billion euros 6-month BOT bills. 
Subscriptions close at 1000 GMT. 
     
    COMPANIES 
    Bourse After Hours market closed. 
     
    ITALIAN BANKS 
    Twenty billion euros earmarked by the Italian government 
would be enough to cover funding requirements at all the ailing 
banks currently under observation by the Treasury and the Bank 
of Italy, a Treasury source said on Tuesday.  urn:newsml:reuters.com:*:nR1N1DP27Q 
    Rescuing its third-biggest lender, Monte dei Paschi di Siena 
 BMPS.MI , will likely cost Italy more than initially expected 
as the European Central Bank has revised the bank's capital 
shortfall, sources said earlier on Tuesday.  urn:newsml:reuters.com:*:nL5N1EM0YE 
     
    MONTE DEI PASCHI DI SIENA  BMPS.MI  
    Credit ratings agency Moody's reviewed on Tuesday the 
lender's standalone baseline credit assessment (BCA) for 
upgrade, up from a previous review with direction uncertain. The 
decision was taken as the rating agency expects that the bank 
will improve its credit profile following the mandatory debt 
swap offer and the precautionary recapitalisation by the Italian 
government.  urn:newsml:reuters.com:*:nMDY6rFgW8 
    UNICREDIT  CRDI.MI  
    The Italian bank and SIA have finalised the sale of the 
lender's card processing activities in Italy, Germany and 
Austria for 500 million euros cash.  
     
    FINCANTIERI  FCT.MI  
    The Italian shipbuilding and construction group is the only 
bidder for shipping group STX France, a source close to the 
matter said on Tuesday.  urn:newsml:reuters.com:*:nL5N1EM23K 
     
    MEDIOBANCA  MDBI.MI  
    The bank's Creditech unit finalised the acquisition of two 
non-performing loan portfolios from Banco Desio  DESI.MI  and 
Banca Popolare di Spoleto  BPSP.MI , for a total nominal value 
of 150 million euros.     
     
    ABITARE IN SPA  ABIT.MI  
    Board meeting on FY results (closed on Sept. 30). 
     
    TBS GROUP  TBS.MI  
    Bond holders' meeting (1330 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/  
 
 
Keywords: ITALY FACTORS/DEC. 28