Italy - Factors to watch on May 17

Alfio Bardolla Training SpA

17/05/2019 05:00

The following factors could affect Italian markets on Friday.
    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
    Italian Deputy Prime Minister Matteo Salvini reiterated its
defying tone against European Union budget rules on Thursday,
even as Economy Minister Giovanni Tria tried to reassure markets
that Rome remain committed in keeping its finances under
control. urn:newsml:reuters.com:*:nR1N1XV02P.
    
    
    COMPANIES
    
    ENEL  ENEI.MI , TELECOM ITALIA  TLIT.MI 
    Italy's biggest utility has had "no formal contacts" over a
possible tie-up of its jointly owned broadband infrastructure
network Open Fiber with Telecom Italia (TIM), Enel's Chief
Executive Francesco Starace said on Thursday  urn:newsml:reuters.com:*:nS8N22Q09F.
    
    LEONARDO  LDOF.MI  
    The Italian defence group is in talks with a potential
partner for an alliance in the torpedo business and has
expressed interest for the engines and aircraft maintenance
business of Piaggio Aerospace, CEO Alessandro Profumo said on
Wednesday.  urn:newsml:reuters.com:*:nS8N22Q09C  urn:newsml:reuters.com:*:nS8N22Q09E
    
    AUTOGRILL  AGL.MI 
    The Italian caterer said on Thursday that new accounting
standards IFRS 16 can have a negative impact on the company's
net profit in the first year of introduction, but will not
impact net cash flow generation.  urn:newsml:reuters.com:*:nL5N22S6CN.
    
    DIARY
    Milan, "EU-Japan EPA Forum" ends (0645 GMT); expected
attendees include Industry Ministry Undersecretary Michele
Geraci, Mitsubishi  6503.T  Chairman Masaki Sakuyama, EU
Commissioner for Trade Cecilia Malmstroem.
    Rome, conference on the role of banking foundations with
state lender Cassa Depositi e Prestiti Group (CDP) Chairman 
Massimo Tononi (0830 GMT).
    Milan, Intesa Sanpaolo  ISP.MI , conference with Chairman
Gian Maria Gros-Pietro; (0930 GMT).
    Bergamo, conference with Cabinet Undersecretary Giancarlo
Giorgetti (1600 GMT).
    Rome, banking association ABI holds conference with ABI
Director General Giovanni Sabatini, UBI Banca  UBI.MI  Deputy
Chairman Roberto Nicastro, UniCredit  CRDI.MI  adviser Maria
Pierdicchi (1345 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/