Italy - Factors to watch on August 20
Italy - Factors to watch on August 20 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 (*).
COMPANIES
MONTE DEI PASCHI (MPS) BMPS.MI
The board of the Tuscan bank will discuss potential takeover defence options on Thursday as the lender seeks to repel the advances of larger peer Intesa Sanpaolo ISP.MI, a source close to the matter said on Wednesday.
(*) The meeting is scheduled at 7 GMT, according to newspapers.
MPS Chief Executive Luigi Lovaglio is working on two potential share-swap offers for rival Banco BPM BAMI.MI and Generali-controlled GASI.MI wealth manager Banca Generali BGN.MI to fend off Intesa's bid, daily Il Sole 24 Ore reported earlier on Wednesday.
(*) LEONARDO LDOF.MI
The Italian defence group has established a new company in Ukraine wholly owned through its subsidiary Leonardo International and fully consolidated within the group, MF daily reported on Thursday.
(*) TIM TLIT.MI
Brazilian telecoms operator TIM TIMS3.SA, which is majority-owned by Telecom Italia, said on Wednesday that it had approved a new share buyback program of up to 55.2 million shares, to run until February 2028.
(*) GENS AUREA OROX.MI
Jefferies initiated on Thursday coverage on the cash-for-gold trader with a 'buy' rating and a target price of €15 per share.
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
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/
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