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BAMI - Banco BPM SpA News Story

€1.39 0.1  6.7%

Last Trade - 11:03am

Sector
Financials
Size
Mid Cap
Market Cap £1.77bn
Enterprise Value £4.92bn
Revenue £4.59bn
Position in Universe 101st / 719

Italy - Factors to watch on July 1

Wed 1st July, 2020 5:00am
The following factors could affect Italian markets on Wednesday.
    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 .
    
    POLITICS
    Italy will raise its 2020 budget deficit to around 11.6% of
gross domestic product from the current 10.4% goal, a senior
government official told Reuters, as Rome readies new measures
to soften the impact of the coronavirus crisis. A new spending
package of 20 billion euros will be approved in July, the source
said.  urn:newsml:reuters.com:*:nR1N2C901M
    
    ECONOMY
    IHS Markit releases June manufacturing PMI (0745 GMT).
    Transport Ministry releases June car sales data (1600 GMT).
    June state sector borrowing requirement data.
    
    COMPANIES
    MONTE DEI PASCHI DI SIENA  BMPS.MI , BANCO BPM  BAMI.MI 
    Banca Monte dei Paschi di Siena is exploring merger options,
including with Banco BPM, while Italy's Treasury Ministry has
drafted a decree to sell its controlling stake in the bailed-out
bank, two sources told Reuters.  urn:newsml:reuters.com:*:nL8N2E65P1
    
    JUVENTUS  JUVE.MI , LAZIO  LAZI.MI , AS ROMA  ASR.MI 
    Italy's top-flight soccer clubs have mandated Serie A to
weigh private equity bids for its broadcast rights business as
they look at ways to weather the financial storm triggered by
the new coronavirus crisis, two sources close to the matter
said.  urn:newsml:reuters.com:*:nL8N2E71JH
    
    LAZIO  LAZI.MI 
    Serie A's leading scorer Ciro Immobile was on target again
as Lazio came from behind for the second match in a row to beat
Torino 2-1 on Tuesday and keep up the pressure on leaders
Juventus.  urn:newsml:reuters.com:*:nL8N2E77FB
    
    GUALA CLOSURES  GCL.MI 
    Special Packaging Solutions Investments Srl ends partial
voluntary takeover offer on Guala Closures ordinary shares.
    
    BANCA CARIGE  CRGI.MI  (shares suspended from trading)
    The ailing bank said on Tuesday it would go ahead with its
plan to convert its savings shares into ordinary shares and for
a reverse split of ordinary and savings shares, although its
saving shareholders had voted against the proposal. 
    
    DIARY
    FIS-Ski International Federation due to decide on
postponement of Ski Alpine World Championship 2021 to 2022.
    Rome, Chamber of Deputies holds question time with Prime
Minister Giuseppe Conte (1300 GMT).
    Rome, the transport commission holds hearing with German
Efromovich, owner of Synergy Group, about the company's
expression of interest for Alitalia (1230 GMT). 
    Rome, the commission for EU politics holds hearings as part
of the joint examination of the Commission's work programme for
2020 and the report on Italy's participation in the European
Union. To appear Economy Minister Roberto Gualtieri (1200 GMT)
and market regulator Consob President Paolo Savona (1300 GMT).
    Turin, Fiat Chrysler  FCHA.MI  and Ferrari  RACE.MI 
Chairman John Elkann attends Save the Children and Fondazione
Agnelli charity event (0830 GMT). 
    
    
    ((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/
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