Italy - Factors to watch on Jan. 23

Alfio Bardolla Training SpA

23/01/2020 05:00

The following factors could affect Italian markets on Thursday.
    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 .
    
    DEBT
    Treasury announces sale of CTZ and BTPei bonds, with
relative amounts to be auctioned on Jan. 28.
    Italy's bond yields were back at levels at which they
started the day on Wednesday despite reports that Luigi Di Maio
will step down as the 5-Star movement's leader, because the
imminent collapse of the ruling coalition was seen as unlikely.
 urn:newsml:reuters.com:*:nL8N29R1F5
    
    POLITICS
    Luigi Di Maio stepped down on Wednesday as leader of Italy's
co-governing 5-Star movement, as it seeks to stem a wave of
defections that threatens the government's parliamentary
majority.  urn:newsml:reuters.com:*:nL8N29R1BO
        
    COMPANIES
    
    FIAT CHRYSLER  FCHA.MI 
    Foxconn expects to begin shipping electric vehicles from a
planned joint venture with Fiat Chrysler Automobiles in two
years, Foxconn Chairman Young Liu told a news conference on
Wednesday according to Nikkei news agency.  urn:newsml:reuters.com:*:nFWN29R0YB
    Fiat Chrysler's Chief Executive Michael Manley said on
Wednesday that merger talks with Peugeot owner PSA  PEUP.PA  to
create the world's No. 4 carmaker are progressing well and he
hopes to have a deal within 12-14 months.  urn:newsml:reuters.com:*:nL8N29R4WX

    TELECOM ITALIA  TLIT.MI 
    Discussions between Telecom Italia and Open Fiber to merge
their fibre-optic assets are still ongoing but "in life there is
always a plan B," the chief executive of Italy's biggest phone
group said on Wednesday.  urn:newsml:reuters.com:*:nL8N29R5NI
    
    UNICREDIT  CRDI.MI 
    Italy's biggest bank said on Wednesday it had appointed a
number of senior managers to new roles, shuffling people across
jobs as it works to implement its 'Team 23' four-year plan
unveiled in December.  urn:newsml:reuters.com:*:nL8N29R62C
    
    ENI  ENI.MI 
    Nigeria Liquefied Natural Gas has signed a deal with French
energy group Total  TOTF.PA  for 1.5 million tonnes of LNG per
year, the African producer said on Wednesday.  urn:newsml:reuters.com:*:nL8N29R58Z
        
    UNIEURO  UNIR.MI 
    Italian Electronics Holdings said it had started the
placement of its 17.6% stake in the consumer electronics chain
via an accelerated bookbuilding procedure.  urn:newsml:reuters.com:*:nFWN29R0SZ
    
    ASSICURAZIONI GENERALI  GASI.MI  
    Italy's biggest insurer said on Wednesday it had joined the
Net-Zero Asset Owner Alliance, a group of 18 pension funds and
insurers committed to a zero net emission target for their
portfolios by 2050.
    
    DE LONGHI  DLG.MI 
    The Italian white goods maker said on Wednesday it had
approved the appointment of Massimo Garavaglia as chief
executive.  urn:newsml:reuters.com:*:nFWN29R0T0
    
    GAMENET  GAME.MI  
    The gaming company said on Wednesday market watchdog Consob
had approved the offer document for the mandatory tender offer
launched by Gamma Bidco. The offer will run from Jan. 27 to Feb.
14 and subscribers will be paid 13 euros for each share tendered
on Feb. 19.  urn:newsml:reuters.com:*:nBIA2GpZH
        
    ALFIO BARDOLLA  ABTG.MI 
    The Italian training group said on Wednesday it had
appointed Luca Calvani as chief financial officer.  urn:newsml:reuters.com:*:nL8N29R5U4
    
    STMICROELECTRONICS  STM.MI 
    Releases Q4 and FY results before European bourse opening;
followed by conference call (0830 GMT).
    
    DIARY
    Rome, Cabinet meeting (2000 GMT)
    Milan, conference on "The world in 2020, opportunities and
risks for companies" with Brembo  BRBI.MI  Chairman Alberto
Bombassei, Maire Tecnimont  MTCM.MI  Chairman Fabrizio Di Amato,
Generali  GASI.MI  Italian unit CEO Marco Sesana; Fincantieri
 FCT.MI  Chairman Giampiero Massolo (0900 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/