Italy - Factors to watch on Dec. 14

algoWatt SpA

14/12/2018 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
    Deputy Prime Minister and Industry Minister Luigi Di Maio
speaks before state broadcaster RAI Supervisory Committee (1000
GMT).
    
    EVENTS
    ISTAT releases October orders and sales data (0900 GMT) and
November final CPI and HICP data (1000 GMT).
    Bank of Italy releases October data on public finances,
state borrowing and debt.
    Reuters releases December asset allocation poll (1200 GMT).
    'Rome Investment Forum' starts conference on "Invest in
Europe" (0800 GMT); ends on Dec.15. ECB Supervisory Board member
Ignazio Angeloni gives speech at plenary session at Rome
Investment Forum 2018 "Invest in Europe" on "Fixing the European
Dream: Economic and Monetary Union, Banking Union, Capital
Markets Union, and What Else?"; Luxembourg Finance Minister
Pierre Gramegna, Italian Economy Minister Giovanni Tria, state
lender Cassa Depositi e Prestiti (CDP) Deputy Chairman Luigi
Paganetto, EU Investments Bank (EIB) Director General Luca
Lazzaroli, French Caisse des Dèpots Director Laurent Zylberberg,
S&P Global Ratings Italian Country Manager Roberto Paciotti also
expected to attend.
    Rome, welfare institute INPS ends 120th year anniversary
celebration with President Tito Boeri, Culture Ministero Alberto
Bonisoli, Bank of Italy Governor Ignazio Visco (0900 GMT).
    
    ECONOMY
    The European Commission and Italy are working to reach a
deal quickly on the country's 2019 budget, the two sides said on
Thursday, after Rome offered to cut its deficit target to avoid
disciplinary action by Brussels.  urn:newsml:reuters.com:*:nL8N1YI6E3
    
    COMPANIES
    ATLANTIA  ATL.MI 
    Autostrade per l'Italia said its board has authorised the
company to file a legal challenge against a government decree
that excludes it from rebuilding a collapsed bridge in Genoa.
 urn:newsml:reuters.com:*:nS8N1XX00T
    
    SALINI IMPREGILO  SALI.MI 
     Italy's biggest construction company Salini Impregilo does
not expect any impact from Wednesday's Panama Canal arbitration
award beyond a worst-case scenario of $334 million.  urn:newsml:reuters.com:*:nL1N1YI046
    
    LEONARDO  LDOF.MI 
    The Defense group said on Thursday that the board approved
the creation of the new Electronics Division, reporting directly
to the CEO. It also appointed Barbara Poggiali as the head of
the Cyber Security Division.  urn:newsml:reuters.com:*:nBIA9H68VP
    
    BANCA CARIGE  CRGI.MI 
    Fitch Ratings said on Thursday it had affirmed Banca
Carige's long-term Issuer Default Rating (IDR) at 'CCC+'.
Carige's Viability Rating (VR) has been downgraded to 'f' from
'c' and subsequently upgraded to 'ccc+'.  urn:newsml:reuters.com:*:nFit4RKGkZ
    
    OVS  OVS.MI 
    Italian fast fashion group OVS lost over a third of its
market value on Thursday after it reported a contraction in
9-month sales and profitability and warned that unfavourable
market conditions would continue next year.  urn:newsml:reuters.com:*:nS8N1XX00R
    
    SALVATORE FERRAGAMO  SFER.MI 
    Italian fashion group Salvatore Ferragamo said on Thursday
insider Alessandro Corsi would be new chief financial officer
and strategic director as of Jan. 11.  urn:newsml:reuters.com:*:nS8N1XX00S
    
    BANCO BPM  BAMI.MI 
    DBRS Ratings Limited said on Thursday it confirmed the
ratings of Banco BPM, including the Long-Term Issuer Rating of
BBB (low) and the Short-Term Issuer Rating of R-2 (middle), and
changed the Trend to Stable from Negative.  urn:newsml:reuters.com:*:nDBRcDBdra 
    
    ENEL  ENEI.MI 
    Europe's biggest utility Enel and Chinese electric vehicle
giant BYD on Thursday marked the arrival of 100 electric buses
in Chile and said they would work together on similar plans for
three other Latin American nations.  urn:newsml:reuters.com:*:nL1N1YI1RX
    
    DOMINION HOSTING HOLDING  DHH.MI 
    Board meeting to approve 2019 budget.
    
    TERNIENERGIA  TRNI.MI 
    Bond holders' meeting (1000 GMT).
    
    Ordinary shareholders' meetings: FINE FOOD & PHARMACEUTICALS
 FF.MI  (1300 GMT), UBI BANCA  UBI.MI  (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/