Italy - Factors to watch on November 16
16/11/2015 05:00
MILAN, Nov 15 (Reuters) - The following factors could affect
Italian markets on Monday.
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
Italian Interior Minister Angelino Alfano on Saturday said
the country was tightening border controls at airports, ports
and along roads after Friday's attacks in Paris. ID:nL8N1390N1
The governing Democratic Party (PD) has been sucked deeper
into Italy's vortex of corruption scandals with the governor of
one of its most populous regions coming under fire in a further
embarrassment for Prime Minister Matteo Renzi. ID:nL8N1376RQ
ECONOMY
Global stocks are set for a short-term sell-off on Monday
after Islamist militants launched coordinated attacks across
Paris that killed 129 people, but analysts said a prolonged
economic impact or market reaction was unlikely. ID:nL3N13A03D
Ratings agency Standard & Poor's affirmed its 'BBB-/A-3'
ratings on Italy with a stable outlook. ID:nWNAB094BE
Senate starts discussion of Italy's 2016 budget (1500 GMT).
PRIVATISATIONS
The board of Grandi Stazioni is due to approve on Monday a
reorganisation of the railway station group ahead of the sale of
its retail business, several newspapers reported on Sunday.
Adviser Rothschild will gather by Dec. 14 expressions of
interest so that non-binding bids can be submitted by the end of
January and binding offers by mid-March, Il Sole 24 Ore said.
GS Retail is worth around 1 billion euros including a 150
million euro debt, according to Corriere della Sera.
COMPANIES
Italian Prime Minister Matteo Renzi's government on Friday
said it would raise the level at which companies listed on the
Milan stock exchange have to communicate ownership changes to
market watchdog Consob to 3 percent from 2
percent. ID:nR1N11H01X
BANKS
After Brussels' rejection of an Italian plan to create a
"bad bank", Rome is considering setting up a vehicle that would
buy problem loans from banks at book value and later pass on to
lenders losses incurred if it sold them for less, Milano Finanza
reported on Saturday. This would allow banks to spread possible
losses over a five-to-seven year period. State-backed lender CDP
is expected to take part in the scheme and its new strategic
plan due by year-end should include a reference to it.
BANCA POPOLARE DELL'ETRURIA PEL.MI , BANCA MARCHE, CARIFE,
CARICHIETI
Italy's FITD deposit guarantee fund is sticking to a plan to
underwrite cash calls at the four banks despite objections from
the European Union to the rescue plan, Il Sole 24 Ore wrote on
Saturday citing several sources close to the matter.
Shareholders will be soon called to approve the share issues. An
alternative scheme which entailed creating a separate section of
the FITD fund to which some banks would contribute voluntarily
has been shelved as too costly and risky, the paper said.
VENETO BANCA IPO-VENE.MI
Unlisted Italian cooperative lender Veneto Banca posted a
nine-month net loss of 770 million euros ($831 mln) on Friday as
it continued to clean up its balance sheet ahead of a planned
cash call and a bourse listing early next year. ID:nL8N1384G7
TELECOM ITALIA TLIT.MI
French media group Vivendi VIV.PA has asked to appoint
four representatives to Telecom Italia's board, the Italian
telecoms group said on Sunday, as its top shareholder seeks to
have a say over strategy. ID:nL8N13A15I
Vivendi top management expected to meet market regulator
Consob representatives on Telecom Italia.
JP Morgan held a 5.133 percent stake in the Italian phone
group as of Nov. 6, a filing with market regulator Consob
showed. ID:nI6N13000R
Vivendi bought 20 million shares in Telecom Italia on Oct.
22 and 11.5 million on Oct. 23, a regulatory filing showed.
FIAT CHRYSLER AUTOMOBILES FCHA.MI
Moody's changed its outlook on the carmaker to positive and
affirmed its 'B1' rating. ID:nWNAB094F3
UNIPOLSAI US.MI , UNIPOL GRUPPO FINANZIARIO UNPI.MI
The insurance group is speeding up the planned streamlining
of its control chain which entails dissolving the Finsoe holding
company which controls UGF, Il Sole 24 Ore reported on Saturday.
BANCA POPOLARE DELL'EMILIA ROMAGNA EMII.MI
CEO Alessandro Vandelli was quoted as saying in Saturday's
Milano Finanza he expected the bank's net interest income in the
fourth quarter to match the previous quarter's level.
AZIMUT HOLDING AZMT.MI
The company said its unit AZ International increased its
stake in AZ Mexico to 94.2 percent by anticipation the exercise
of options. ID:nFWN1380FI
STEFANEL STEP.MI
The group reported a nine-month net loss of 5 million euros
versus a loss of 9.1 million euros a year ago. ID:nFWN1380CY
ITALMOBILIARE ITMI.MI
The group reported a third-quarter net profit of 28.4
million euros versus loss of 0.8 million euros a year
ago. ID:nFWN1380ER
FILA FILA.MI
The company reported a nine-month net loss of 28.2 million
euros versus profit of 14.9 million euros a year
ago. ID:nFWN1380EC
BRIOSCHI BRUI.MI
The company reported a third-quarter net profit of 2.7
million euros versus loss of 2.5 million euros a year
ago. ID:nFWN1380EA
CLASS EDITORI CLED.MI
The company reported a nine-month net loss of 14.7 million
euros versus loss of 15.3 million euros a year
ago. ID:nFWN1380D1
MERIDIE MER.MI
The company said its nine-9-month net loss narrowed to 2.9
million euros ($3.11 million) versus loss 3.3 million a year
ago. ID:nFWN1380EZ
BASTOGI BTGI.MI
The company's third-quarter net loss narrowed to 1.3 million
euros versus loss 3.3 million euros a year ago. ID:nFWN1380F3
AEROPORTO GUGLIELMO MARCONI DI BOLOGNA ADB.MI
The company's nine-9-month net profit fell slightly to 5.7
million euros ($6.11 million) from 5.8 million euros a year
ago. ID:nFWN1380CS
COMPAGNIA IMMOBILIARE CIAZ.MI
The company reported a nine-month net loss of 1.1 million
euros ($1.18 million) compared with a profit of 94,000 euros a
year ago. ID:nFWN1380F0
TISCALI TIS.MI
The group said its nine-month net loss narrowed to 6.1
million euros ($6.54 million) from a loss of 9.5 million euros a
year ago. ID:nFWN1380DE
POLIGRAFICA S FAUSTINO PSF.MI
The company swung to a third-quarter pre-tax loss of 154,000
euros ($165,211.20) from a profit of 180,000 euros a year
ago. ID:nL8N1385LI
INTEK GROUP IKG.MI
The company's third quarter swung to a net loss of 3.3
million euros from a profit of 34.0 million euros a year
ago. ID:nFWN1380D7
PRIMA INDUSTRIE PRII.MI
The company said its nine-month net profit fell to 2.6
million euros from 7.2 million euros a year ago. ID:nFWN1380EI
IRCE IRC.MI
The company's third-quarter net profit rose to 0.8 million
euros versus 0.1 million euros a year ago. ID:nFWN1380EE
CALTAGIRONE CALI.MI
The company's third-quarter pre-tax profit fell slightly to
16.4 million euros from 16.7 million euros a year
ago. ID:nFWN1380E7
CENTRO HL DISTRIBUZIONE CHL.MI
The company's third-quarter net loss narrowed to 407,000
euros from a loss of 744,000 euros a year ago. ID:nFWN1380E8
BIALETTI INDUSTRIE BIA.MI
The company swung into a nine-Month loss of 1.6 million
euros from a profit of 61,000 euros a year ago. ID:nFWN1380AY
TOSCANA AEROPORTI TYA.MI
The company reported a nine-month net profit of 9 million
euros versus a pro-forma one of 5.3 million euros a year
ago. ID:nFWN1380B3
GAMBERO ROSSO
Food and wine magazines and guidebook publisher Gambero
Rosso IPO ends (postponed from Nov. 6).
TREVI GROUP TFI.MI
Conference call on Q3 results (1500 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/
Keywords: ITALY FACTORS/NOVEMBER 16