Italy - Factors to watch on Dec. 30

Bestbe Holding SpA

30/12/2016 05:00

The following factors could affect Italian markets on Friday. 
    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 new prime minister, Paolo Gentiloni, said on 
Thursday that he aimed to restore unity and cohesion following a 
divisive referendum, and continue the economic reforms begun by 
his predecessor, Matteo Renzi. urn:newsml:reuters.com:*:nL5N1EO25C 
     
    ECONOMY 
    ISTAT releases November producer prices data (0900 GMT) and 
monthly bulletin on the state of the economy in December (1000 
GMT). 
     
    DEBT 
    Italian government bond yields held near two-week lows on 
Thursday after demand proved to be resilient at the final 
auction of 2016 despite a banking crisis. urn:newsml:reuters.com:*:nL5N1EO1EC 
     
    COMPANIES 
    Bourse After Hours market closed. 
     
    BANKS, MONTE DEI PASCHI  BMPS.MI  
    The European Commission said on Thursday it had authorised a 
six-month extension of Italy's scheme to provide liquidity 
support for banks in need as well as an extension of support for 
troubled lender Monte dei Paschi di Siena. urn:newsml:reuters.com:*:nL5N1EO346 
    Italy's economy minister has said the European Central Bank 
should have explained more clearly why it nearly doubled its 
estimated capital shortfall for the ailing bank Monte dei Paschi 
di Siena  BMPS.MI , which is being bailed out by the 
state. urn:newsml:reuters.com:*:nL5N1EO3D6 
    The Bank of Italy said on Thursday the Treasury may have to 
put up around 6.6 billion euros for Monte dei Paschi's rescue, 
including 2 billion to compensate retail bond 
holders. urn:newsml:reuters.com:*:nR1N1DP27R  
     
    UBI  UBI.MI  
    Italian bank bailout fund Atlante has presented an offer for 
two-thirds of the 3.7 billion euros ($4 billion) of gross 
problematic loans of three small banks that were rescued last 
year, two sources close to the matter said. The move should help 
facilitate the sale of the banks - Banca Etruria, Banca Marche 
and CariChieti - to bigger rival UBI. urn:newsml:reuters.com:*:nL5N1EO2KL 
     
    SALVATORE FERRAGAMO  SFER.MI  
    The luxury group said it had signed an agreement over 
patents with Italian tax authorities. urn:newsml:reuters.com:*:nI6N1EA029  
     
    UNIPOLSAI  US.MI  
    The company said on Thursday it had completed the 
acquisition of the hotel management business and real estate 
portfolio of UNA Hotels and Resorts. urn:newsml:reuters.com:*:nBIA29326  
     
    GEQUITY  GEQ.MI  
    The company said its rights issue was subscribed for 2.9 
million euros. urn:newsml:reuters.com:*:nFWN1EO08J 
     
    DAMIANI  DMN.MI  
    Board meeting on H1 results (1400 GMT). 
     
    LANDI RENZO  LR.MI  
    Bond holders' meeting (0900 GMT). 
     
    MEDIACONTECH  MCH.MI  
    Ordinary shareholders' meeting (0900 GMT). 
     
    TERNIENERGIA  TRNI.MI  
    Extraordinary shareholders' meeting (0800 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/DEC. 30