Italy - Factors to watch on May 26
26/05/2022 05:00
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 .
ECONOMY
ISTAT releases May consumer and business confidence data
(0800 GMT) and March industry sales data (0900 GMT).
Assogestioni releases April fund flows data.
DEBT
Treasury sells 1.75-2.25 billion euros zero coupon BTP short
bonds due Nov. 29, 2023 and 0.75-1.25 billion euros 0.10% BTPei
bonds due May 15, 2033. Subscriptions close at 0900 GMT.
Treasury announces sale of BTP and CCTeu bonds, with
relative amounts to be auctioned on May 31.
COMPANIES
STELLANTIS STLA.MI
The U.S. business of Fiat Chrysler Automobiles has agreed to
plead guilty to criminal conduct and pay roughly $300 million in
penalties to resolve a multi-year emissions fraud probe
surrounding vehicles with diesel engines, people familiar with
the matter said. urn:newsml:reuters.com:*:nL1N1ZJ0BX
Maserati's turnaround plan aims to liberate the Stellantis
luxury brand from being a "slave to volumes" which has weighed
on quality, its CEO Davide Grasso said on Wednesday, unveiling a
convertible version of its MC20 sportscar. urn:newsml:reuters.com:*:nL5N2XG1WA
TELECOM ITALIA (TIM) TLIT.MI
Italy's biggest phone group is expected to discuss at a
meeting on Thursday progress in talks with state lender Cassa
Depositi e Prestiti (CDP) to agree a Memorandum of Understanding
for a single broadband network across the country.
TIM's last mile network unit FiberCop holds an extraordinary
board meeting as requested by its 37.5% investor, U.S.
infrastructure fund KKR KKR.N (0800 GMT).
BPER BANCA EMII.MI , CARIGE CRGI.MI
Italy's fifth-largest bank said on Wednesday it had received
European Central Bank authorisation to acquire the FITD
depositor protection fund's controlling stake in ailing rival
Carige for 1 euro and after a capital contribution by FITD of
530 million euros. urn:newsml:reuters.com:*:nFWN2XH0J6
MFE-MEDIAFOREUROPE MFE.A MFE.B
Milan prosecutors on Wednesday requested former Italian
Prime Minister Silvio Berlusconi, the leading shareholder in the
Italian broadcaster, be jailed for six years for allegedly
bribing witnesses in a 2013 underage prostitution
case. urn:newsml:reuters.com:*:nL5N2XF4S3
AUTOGRILL AGL.MI
Annual general meeting (0830 GMT) and board meeting on
revenues up to April 30.
IVS GROUP IVS.MI
Capital increase ends.
LA DORIA LDO.MI
Last day of two-day suspension from trading on Euronext STAR
Milan segment before de-listing on May 27.
DIARY
Rome, Algeria President Abdelmadjid Tebboune meets Italian
Prime Minister Mario Draghi; President Sergio Mattarella (0900
GMT); Chamber of Deputies Speaker Roberto Fico (1450 GMT).
Milan, Covivio CVO.PA holds news conference to present
second site of pro-working network "Wellio Duomo" with Covivio
Italian unit CEO Alexei Dal Pastro, E.ON EON.UL CFO Christian
Zaum (0930 GMT).
((Milan newsroom, e-mail: reutersitaly@thomsonreuters.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/