Italy - Factors to watch on Dec. 19

algoWatt SpA

19/12/2019 07:28

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 .
        
    COMPANIES   
    FIAT CHRYSLER  FCHA.MI 
    The merger agreement with Peugeot is credit positive, rating
agency Fitch said on Wednesday.  urn:newsml:reuters.com:*:nFITcPrZT 
    Billed as a merger of equals, PSA's $50 billion tie-up with
Fiat Chrysler gives the Peugeot owner one potentially big
advantage, its own boss will be firmly behind the new wheel.
 urn:newsml:reuters.com:*:nL8N28S4EH
    
    ITALIAN BANKS 
    Italy's Interbank Deposit Protection Fund (FITD), a deposit
guarantee fund financed by Italian banks, said on Wednesday it
backed a request from Popolare di Bari's special administrators
to take part in the rescue of ailing cooperative lender.
 urn:newsml:reuters.com:*:nS8N27Z024
    Moody's said Italy's rescue of the southern bank was credit
positive for the sector.  urn:newsml:reuters.com:*:nL8N28S59C
    
    CARIGE  CRGI.MI 
    The former chief financial officer of Telecom Italia
 TLIT.MI  and a former executive at bank UniCredit are the top
candidates to become chief executive of troubled bank Carige
 CRGI.MI , two sources close to the matter said on Wednesday.
 urn:newsml:reuters.com:*:nL8N28S5E3
    
    ATLANTIA  ATL.MI 
    Major investment funds with stakes in Atlantia have written
to the government expressing concern over a possible revocation
of motorway concessions held by tollway unit Autostrade per
l'Italia in the wake of last year's bridge collapse in Genoa,
according to MF Milano Finanza.
    
    GENERALI  GASI.MI 
    Assicurazioni Generali acquires Palazzo delle Scintille, an
historic former velodrome now part of the new Citylife district
of Milan, for 30.1 million euros ($33.18 million), Corriere
della Sera reports.
    
    WIIT  WIIT.MI 
    Cloud computing specialist WIIT says it has renewed a
multi-year agreement including new Cyber Security services, with
luxury interior trims maker Alcantara for a total value of 8.5
million euros.
    
    CATTOLICA ASSICURAZIONE  CASS.MI 
    Italian tax police visited the headquarters of the insurer
Son Wednesday and seized documents relating to the sacking of
former Chief Executive Alberto Minali in October.  L8N28S5AF 
    
    INTESA SANPAOLO  ISP.MI 
    The bank said it had taken 17 billion euros in the latest
round of cheap loans offered by the European Central Bank.
 urn:newsml:reuters.com:*:nS8N28S02T
    The bank's board meeting n Thursday will discuss acquisition
of a stake of 50% plus one share in health insurer Rbm
Assicurazione Salute, part of a move to boost its position in
the sector, Il Sole 24 Ore reports.
    
    UBI BANCA  UBI.MI  
    UBI said it had reimbursed a further 1 billion euros of
TLTRO II loans, and its residual exposure totalled 10 billion
euros.  urn:newsml:reuters.com:*:nL8N28S57F  
        
    TERNIENERGIA  TRNI.MI         
    It said on Wednesday its first-half net loss fell to 3.3
million euros versus 3.5 million euros a year ago.  urn:newsml:reuters.com:*:nFWN28S0SI 
    
        
    INWIT  INWT.MI 
    Holds AGM to approve plan to fold TIM's and Vodafone's
Italian mobile tower assets into the company.
    
    PIAGGIO  PIA.MI 
    Piaggio launches electric version of its Ape three-wheeled
carrier motorbike in India, Corriere della Sera reports.
    
    BANCA IFIS  IF.MI 
    Ordinary and extraordinary shareholders' meetings (1700
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/ 


($1 = 0.9073 euros)