Italy - Factors to watch on Nov. 3

Bestbe Holding SpA

03/11/2017 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 
    Prime Minister Paolo Gentiloni expected to attend the 
opening of the 2017-2018 academic year at the Collegio Carlo 
Alberto in Turin (1630 GMT). 
     
    ECONOMY 
    Presentation of the new "Observatory on Italian Public 
Accounts" with International Monetary Fund Executive Director 
Carlo Cottarelli, in Milan (1100 GMT). 
     
    COMPANIES 
    FERRARI  RACE.MI  
    The Italian luxury sportscar maker nudged up its full-year 
profit forecast on Thursday, but the modest increase 
disappointed, along with rise in third-quarter earnings that 
were only in line with expectations, sending the share price 
lower. urn:newsml:reuters.com:*:nL8N1N874H 
     
    FIAT CHRYSLER  FCHA.MI  
    New vehicle registrations in Italy were up 7.1 percent 
year-on-year in October, according to transport ministry data 
published on Thursday. Fiat Chrysler said its share of the 
Italian car market was 26.1 percent in October, compared with 
28.16 percent in September this year.  urn:newsml:reuters.com:*:nI6N1MU01J 
     
    TELECOM ITALIA  TLIT.MI  
    The phone group pledged to continue an "open and 
constructive" dialogue with the government and sector 
authorities after it was notified that the Italian cabinet 
approved the government's so-called "golden power" on the 
company.  urn:newsml:reuters.com:*:nI6N1MU01L 
            
    PIRELLI  PIRC.MI  
    The tyremaker said on Thursday that JP Morgan had partially 
exercised a greenshoe option, leaving majority stakeholder Marco 
Polo with 63 percent of its shares.  urn:newsml:reuters.com:*:nL8N1N88SA 
         
    EI TOWERS  EIT.MI  
    The group reported on Thursday a net profit of 43.6 million 
euros and revenue for 196.7 million in the first nine months of 
the year.  urn:newsml:reuters.com:*:nFWN1N81LE 
     
    EI TOWERS, TELECOM ITALIA  
    EI Tower's CEO reiterated on Thursday that it could not buy 
a stake of broadcasting services group Persidera, which is being 
sold by Telecom Italia, but that it could propose a service 
company to manage the company's business.  urn:newsml:reuters.com:*:nL8N1N88FA 
         
    ITALGAS  IG.MI  
    The Italian gas distributor said on Thursday it acquired 12 
concessions in the Italian regions of Campania and Basilicata 
from Amalfitana Gas.  urn:newsml:reuters.com:*:nFWN1N81LR 
         
    GEQUITY  GEQ.MI  
    HRD Italia mandatory full takeover offer on Gequity shares 
ends (1630 GMT). 
     
    MC-LINK  MCK.MI  
    Shares are delisted from the Italian Stock Exchange. 
     
    RENO DE MEDICI  RDM.MI  
    Board meeting on Q3 results. 
     
    ALITALIA  CAITLA.UL  
    The carrier expects its EBITDA to break-even in the second 
half of the year and the group still has 850 million euros of 
the 900 million euros it was given by the government, a trade 
union source told Reuters on Thursday.  urn:newsml:reuters.com:*:nL8N1N88EJ   
     
    ((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/NOV. 3