Italy - Factors to watch on June 3

Ambromobiliare SpA

03/06/2016 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 . 
     
    GENERAL 
    Trento, '2016 Economy Festival' continues; ends on June 5. 
Expected attendees include chief of Italy's banking foundations 
association Giuseppe Guzzetti, investment firm Quaestio Chairman 
Alessandro Penati, anti-corruption Authority President Raffaele 
Cantone and Industry Minister Carlo Calenda.  
     
    Qatar's Sheikha Moza bint Nasser meets Prime Minister Matteo 
Renzi in Rome.  
     
    ECONOMY 
    Markit releases May service Pmi data (0745 GMT). 
     
    COMPANIES 
    Bourse After Hours market closed. 
     
    BANCO POPOLARE  BAPO.MI  
    Italy's fourth-largest lender, Banco Popolare BAPO.MI, 
priced its planned 1 billion euro ($1 billion) share issue on 
Thursday at a 49 percent discount to its current stock price. 
    Even at a steep discount, a well-supported Banco Popolare 
issue would be a relief for the Italian banking industry, 
saddled with 360 billion euros in bad debts and dogged by recent 
bank failures and a failed listing. 
    The cooperative lender on Thursday said it would sell 465.6 
million new shares at 2.14 euros each. Shareholders can trade 
their rights from Monday to June 22.  urn:newsml:reuters.com:*:nL8N18U5FL 
          
    AGRONOMIA  AGR.MI  
    Ordinary shareholders' meeting (0900 GMT). 
     
    AMBROMOBILIARE  AMB.MI  
    Capital increase ends. 
     
    ((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/  
 
 
Keywords: ITALY FACTORS/JUNE 3