Italy - Factors to watch on July 18
18/07/2019 05:00
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 .
POLITICS
Italy's coalition parties clashed on Wednesday over the
election of Germany's Ursula von der Leyen as the next president
of the European Commission, in a vote that could endanger Rome's
hopes of securing a top job in the new EU executive.
urn:newsml:reuters.com:*:nL8N24I4TN
COMPANIES
TELECOMS
Italy has bowed to pressure from Chinese telecoms equipment
makers Huawei Technologies HWT.UL and ZTE 000063.SZ and will
drop emergency legislation strengthening state powers to
intervene in the development of 5G services, lawmakers said on
Wednesday. urn:newsml:reuters.com:*:nL8N24I5GM
TELECOM ITALIA TLIT.MI , INWIT INWT.MI
The telecoms group has no plans to sell its data-centre
operations, Chief Executive Officer Luigi Gubitosi said.
urn:newsml:reuters.com:*:nL8N24I0YT He added that a plan to strengthen data-centres
would be presented in autumn. According to a press report TIM
was considering a plan to sell assets worth around 2 billion
euros, including a stake in its INWIT towers unit.
CARIGE CRGI.MI (unlisted)
Italian banks are set to fund the bulk of a 900 million euro
rescue plan for troubled regional lender in a last-ditch attempt
to avert liquidation, three sources close to the matter said.
urn:newsml:reuters.com:*:nL8N24I59D
SAFILO SFLG.MI
Dutch optical retailer GrandVision NV GVNV.AS said on
Wednesday it was approached by EssilorLuxottica ESLX.PA and
HAL Holding for a possible transfer of HAL's majority stake in
the company to the French eyewear group. urn:newsml:reuters.com:*:nL4N24I3DG
urn:newsml:reuters.com:*:nS8N1ZU01V HAL is the top shareholder through a subsidiary of
Italian eyewear maker Safilo.
EDISON EDNn.MI , EDF EDF.PA
Edison completed the acquisition of parent EDF's Italian
renewable energy assets for 172.3 million euros, the Italian
energy group said on Wednesday. urn:newsml:reuters.com:*:nS8N1ZU01U
CIR CIRX , COFIDE COFI.MI
Shareholders of both holding companies meet to approve a
merger plan through incorporation of Cir into Cofide.
AS ROMA ASR.MI
The Rome-based Serie A club said on Wednesday it had signed
Italian defender Gianluca Mancini from Atalanta in a deal that
could be worth up to 23 million euros. urn:newsml:reuters.com:*:nL8N24I5LC urn:newsml:reuters.com:*:nFWN24I0I1
Board meetings on H1 results: BB Biotech BION.S
DIARY
Rome, Prime Minister Giuseppe Conte attends meeting of Space
Policy Interministerial Committee (1230 GMT).
Rome, Ferrovie dello Stato presents sustainability report
with CEO Battisti, Transport Minister Danilo Toninelli (0915
GMT)
Barzago, Deputy Prime Minister Matteo Salvini attends Lega
party (1830 GMT).
Milan, IR Top Consulting presents annual report on AIM
Italia (0900 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/