Italy - Factors to watch on March 28
28/03/2019 05:00
MILANO, March 28 (Reuters) - 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 sells 0.5-1.0 billion euros CCTeu bonds due Jan.
15, 2025; 3.250-3.750 billion euros new 1.75 percent BTP bonds
due July 1, 2024; 2.250-2.750 billion euros 3.0 percent BTP
bonds due Aug. 1, 2029. Subscriptions close at 1000 GMT.
COMPANIES
TELECOM ITALIA TLIT.MI
Italy's state lender CDP is seeking to broker a truce
between the Italian telecoms operator's two warring investors,
France's Vivendi VIV.PA and U.S. activist group Elliott, to
end a boardroom battle that has paralysed the group, sources
said.
CDP denied that it was holding talks with Vivendi or other
TIM shareholders. urn:newsml:reuters.com:*:nL8N21E6BW
(*) FIAT CHRYSLER FCHA.MI FCAU.N
Volkswagen is not interested in a tie-up with rival Fiat
Chrysler as the German carmaker's efforts were all focused
internally, Chief Executive Herbert Diess told Il Sole 24 Ore
and other two newspapers. urn:newsml:reuters.com:*:nS8N218000
(*) STMICROELECTRONICS STM.MI
The chipmaker said on Wednesday its supervisory board
proposed paying a cash dividend of $0.24 per ordinary share.
urn:newsml:reuters.com:*:nL8N21F0U7
INTESA SANPAOLO ISP.MI
The foundation shareholders in Italy's biggest retail bank
have presented their list of candidates for the board's renewal,
seeking the confirmation of CEO Carlo Messina and Chairman Gian
Maria Gros-Pietro. urn:newsml:reuters.com:*:nS8N20Z02P
ATLANTIA ATL.MI
The company's motorway unit Autostrade per l'Italia
reiterated that five Italian motorway viaducts it manages are
completely safe. urn:newsml:reuters.com:*:nS8N20Z02O
The Italian infrastructure group said on Wednesday
Atlantia said on Wednesday it has entered into a funded
collar transaction over a stake in Hochtief representing around
8 percent. The associated financing amounts to 752 million
euros. The group also said that, to facilitate the collar, it
entered into a stock loan agreement with Goldman Sachs who is
selling shares in Hochtief for around 6 percent to institutional
investors via block trade. urn:newsml:reuters.com:*:nFWN21E0SB
EXOR EXOR.MI
The holding company of Italy's Agnelli family said on
Wednesday its net asset value stood at $19.7 billion at the end
of 2018, down from $23 billion at the end of 2017. urn:newsml:reuters.com:*:nFWN21E0SF
UNIPOLSAI US.MI
Chairman Carlo Cimbri is set to be confirmed in his role
after holding company Unipol UNPI.MI submitted its list of
candidates for the board ahead of the April 17 AGM. urn:newsml:reuters.com:*:nBIA2wmJHz
(*) ESSILORLUXOTTICA ESLX.PA
The eyewear maker's top shareholder and executive chairman
has filed an arbitration request on Wednesday to verify alleged
violations of a merger agreement between the Italian and French
groups, further escalating a spat over power sharing.
urn:newsml:reuters.com:*:nL8N21E734
ALITALIA
The three commissioners running the Italian airline are
putting pressure on Ferrovie dello Stato to present a rescue
plan for the troubled airline but are willing to give it more
time. urn:newsml:reuters.com:*:nL8N21E5DD
ASTM ATMI.MI and SIAS-SOCIETÀ INIZIATIVE AUTOSTRADALI
SERVIZI SIS.MI
(*) ASTM's 2018 net profit rose 11.3 percent to 166.5 million
euros, the toll road operator said on Wednesday and proposed
paying a final dividend of 0.302 euros per share. Total dividend
for 2018 amounted to 0.532 euros per share. urn:newsml:reuters.com:*:nBIA5KvtxY
Conference call on FY results (0930 GMT).
S.S. LAZIO LAZI.MI
Board meeting on H1 results.
BUZZI UNICEM BZU.MI
Board meeting on FY results (preliminary results on Feb. 7)
followed by conference call (1530 GMT).
BANCA FARMAFACTORING BFF.MI
Annual and extraordinary shareholders' meetings (1000 GMT).
BANCO DI DESIO E DELLA BRIANZA DESI.MI
Annual general meeting (0900 GMT).
ASSITECA ASSI.MI
Board meeting on H1 results.
Board meetings on FY results: ACSM-AGAM ACAG.MI , ALKEMY
ALKE.MI , BIODUE BIO2.MI (1430 GMT - revenues on Feb. 14),
BORGOSESIA BRGI.MI (1300 GMT), CASTA DIVA GROUP CDGI.MI , CDR
ADVANCE CAPITAL CDRU.MI (14,00), COVER 50 COV.MI ,
EDILIZIACROBATICA EDAC.MI , ELETTRA INVESTIMENTI ELIN.MI ,
FINE FOOD & PHARMACEUTICALS FF.MI , FINLOGIC FNL.MI , GIORGIO
FEDON & FIGLI FDOP.MI , LEONE FILM GROUP LFG.MI , SAFE BAG
SBG.MI , SOMEC SOME.MI , VETRYA VTY.MI .
DIARY
Rome, Cabinet Undersecretary Stefano Buffagni, Economy
Ministry Undersecretary Massimo Garavaglia, Chamber of Deputies
Budget Committee President Claudio Borghi meet on small- and
medium-sized companies.
Milan, conference on "News of Tax and Labour for Companies"
with Economy Undersecretary Massimo Garavaglia (0830 GMT).
Rome, state lender Cassa Depositi e Prestiti (CDP) holds
board meeting on 2018 results.
Vicenza, FOPE FOPE.MI CEO Diego Nardin attends conference
"Città Impresa 2019" (to March 31).
((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/
(Reporting By Viviana Venturi)
((mailto:viviana.venturi@thomsonreuters.com;))