Italy - Factors to watch on May 20

Banco di Desio e della Brianza

20/05/2020 05:00

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 .
    
    CORONAVIRUS 
    Deaths from the COVID-19 epidemic in Italy climbed by 162 on
Tuesday, against 99 the day before, the Civil Protection Agency
said, while the daily tally of new cases rose sharply to 813
from 451 on Monday.  urn:newsml:reuters.com:*:nR1N2A702M
      
    DEBT
    Treasury ends offer of new five-year BTP Italia bond
reserved to small investors.
    
    COMPANIES
    UBI BANCA  UBI.MI , INTESA SANPAOLO  ISP.MI 
    The lender has told Italy's market regulator Consob that a
proposed takeover offer by bigger rival Intesa Sanpaolo should
no longer be considered as valid, the country's fifth-largest
bank said on Tuesday.  urn:newsml:reuters.com:*:nL8N2D15H6
    
    ENEL  ENEI.MI 
    Italy's state-backed broadband company Open Fiber plans to
boost its capital to fund and speed up the expansion of its fast
fiber network, one of its shareholders said on Tuesday.
 urn:newsml:reuters.com:*:nL8N2D16DO
    
    AUTOGRILL  AGL.MI 
    Board meeting followed by the release of data on preliminary
sales to April 30. (1430 GMT)
    
    LEONARDO  LDOF.MI 
    Annual general meeting (0830 GMT on 2nd call).
    Fitch Ratings has revised the outlook on Leonardo's
long-term issuer default rating (IDR) to negative from stable.
At the same time Fitch has affirmed the company's long-term IDR
and senior unsecured rating at 'BBB-'.  urn:newsml:reuters.com:*:nFit4jbtfH
    
    EXOR  EXOR.MI 
    Annual general meeting (0700 GMT).
    
    MONTE DEI PASCHI DI SIENA  BMPS.MI 
    The lender said on Tuesday it had appointed Guido Bastianini
as CEO.  urn:newsml:reuters.com:*:nFWN2D10LY
    
    BANCA POPOLARE DI SONDRIO  BPSI.MI 
    Fitch Ratings has maintained Banca Popolare di Sondrio's
(Sondrio) 'BB+' Long-Term Issuer Default Rating (IDR) and 'bb+'
Viability Rating (VR) on Rating Watch Negative (RWN).      urn:newsml:reuters.com:*:nFit7JxW80
    
    BANCO DESIO  DESI.MI 
    Fitch Ratings has downgraded Banco di Desio e della
Brianza's (Desio) Long-Term Issuer Default Rating (IDR) to 'BB+'
from 'BBB-'. The Outlook is Stable.  urn:newsml:reuters.com:*:nFit2f46dJ
    
    CERVED  CERV.MI 
    Annual and extraordinary shareholders' meetings (0900 GMT).
    
    ASSICURAZIONI GENERALI  GASI.MI 
    Board meeting on Q1 results (press release on May 21).
    
    DIARY
    Deadline for motorway operators to present updated economic
and financial plans.
    European Parliament President of the Committee for Economic
and Monetary Problems (ECON) Irene Tinagli speaks at the Italian
banking association ABI executive committee meeting (0800 GMT).
    Rome, Regional Affairs Minister Francesco Boccia speaks
before Chamber of Deputies Parliamentary Committee for the
implementation of fiscal federalism (0615 GMT).
    Rome, Agriculture Minister Teresa Bellanova speaks via video
conference before Chamber of Deputies Parliamentary Monitoring
Committee on the implementation of the Schengen Agreement on the
management of the migration phenomenon (1200 GMT).
    Sacco hospital's Director of Infectious diseases Massimo
Galli and collegue Spinello Antinori attend webinar organised by
Innoliving company on efficacy of "Rapid test – COVID-19" as a
prevention tool in phase 2 (1400 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/