Banca Farmafactoring SpA logo

BFF - Banca Farmafactoring SpA News Story

€4.87 0.1  1.3%

Last Trade - 4:35pm

Sector
Financials
Size
Mid Cap
Market Cap £736.3m
Enterprise Value £1.45bn
Revenue £195.2m
Position in Universe 164th / 720

Italy - Factors to watch on April 2

Thu 2nd April, 2020 7:44am
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 .
    
    GENERAL 
    Prime Minister Giuseppe Conte on Wednesday announced that a
national lockdown in place since March 9 and due to expire on
Friday would remain in place until at least April 13.
    Italy's daily death toll from coronavirus on Wednesday was
the lowest for six days, authorities said, but the overall
number of new infections grew and the government extended a
national lockdown until at least the middle of April.
    
    ECONOMICS
    Italy posted a state sector budget deficit of 32.2 billion
euros in March compared to a deficit of 20.337 billion euros in
the same month last year, the Treasury said on Wednesday.
 urn:newsml:reuters.com:*:nL8N2BP34Z
    
    COMPANIES
    ATLANTIA  ATL.MI 
    Benetton-led Atlantia is in contact with funds in Italy and
abroad that may be interested in its motorway unit Autostrade
per l'Italia to end a stalemate with the government over its
concession, three sources close to the matter said.  urn:newsml:reuters.com:*:nL8N2BP5Y8
    
    FINCANTIERI  FCT.MI 
    The shipbuilder said COVID-19 was significantly impacting
its 2020 business operations.  urn:newsml:reuters.com:*:nS8N28D09N
    VARD subsidiary signed a contract worth about 50 million
euros for the design and construction of a unit for P/F
Akraberg, a company of the Faroe Islands-based fishing group
Framherji, Fincantieri said on Wednesday.  urn:newsml:reuters.com:*:nBIA2cLFSL
    
    FERRARI  RACE.MI 
    The luxury carmaker said on Wednesday it decided to
temporarily suspend the third tranche of its multi-year share
repurchase program as of March 30.  urn:newsml:reuters.com:*:nBIA3lKQfD
    
    FIAT CHRYSLER  FCHA.MI 
    Italian car registrations dropped 85.42% in March following
the coronavirus outbreak and lockdown ordered by authorities to
fight the epidemic spread, the transport ministry said in a
statement on Wednesday.  urn:newsml:reuters.com:*:nL8N2BP5U5
    
    BPER BANCA  EMII.MI 
    The Italian lender said on Wednedsay it would suspend paying
a dividend on its 2019 results to comply with the regulatory
recommendation for European and domestic banks given the
coronavirus emergency.  urn:newsml:reuters.com:*:nL8N2BP618  urn:newsml:reuters.com:*:nFWN2BP125
    
    UNIPOL  UNPI.MI 
    The financial group's board on Thursday will consider
whether to take actions on a planned 0.28 euro per share
dividend in response to the coronavirus emergency, daily Il Sole
24 Ore said. The report added a final decision could also be
taken at a later stage.
    
    CNH INDUSTRIAL  CNHI.MI 
    CNH will extend Italian plant closures to April 17, FIOM
union said.  urn:newsml:reuters.com:*:nL8N2BP6XU
    
    ESSILORLUXOTTICA  ESLX.PA 
    Despite the coronavirus crisis the panned acquisition of
Dutch opticians group GrandVision  GVNV.AS  is confirmed,
pending a green light from EU antitrust regulators, but the
eyewear maker could ask for a lower price than the 7.2 billion
euros initially agreed, daily La Repubblica said.
    
(*) AUTOGRILL  AGL.MI 
    Citigroup cut its target price on the stock to 5 euros from
9.5 euros
    
(*) BRUNELLO CUCINELLI  BCU.MI 
    Deutsche Bank cut its target price on the stock to 26.5
euros from 27.5 euros
    
(*) MONCLER  MONC.MI  
    Deutsche Bank cut its target price on the stock to 35 euros
from 36.5 euros. RBC cut its target price to 41 from 44 euros
    
(*) SALVATORE FERRAGAMO  SFER.MI 
    Deutsche Bank cut its target price on the stock to 16.8
euros from 17.5 euros
    
    TECHNOGYM  TGYM.MI 
    Technogym said it had become the official global fitness
equipment partner of Ironman.  urn:newsml:reuters.com:*:nFWN2BP1CO
    
    BANCA FARMAFACTORING  BFF.MI 
    Holds annual and extraordinary shareholders' meetings (1000
GMT).
    
(*) BANCA POPOLARE DI BARI (unlisted)
    The ailing lender's commissioners asked for an additional
capital injection of 53.8 million euros to a depositor
protection fund financed by Italian banks (FITD) committed to
the lender's rescue, daily Il Messaggero said, citing banking
sources.
    
    
    DIARY
    Italy, trade unions FIT CISL call for 24-hour air transport
strike (postponed from Feb. 25).
    Rome, Cabinet meeting expected.
    Rome, state lender Cassa Depositi e Prestiti holds board
meeting on FY results.
    
    ((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/
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.