Italy - Factors to watch on Oct. 16

Bestbe Holding SpA

16/10/2017 05:00

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 . 
     
    ECONOMY 
    Cabinet meeting expected to meet on budget law. 
    Italy's cabinet on Friday passed a decree to force investors 
that build up minority stakes of at least 10 percent in Italian 
listed companies to disclose what their intentions are on final 
ownership.  urn:newsml:reuters.com:*:nL8N1MO59I 
     
     
    COMPANIES 
    FIAT CHRYSLER  FCHA.MI   
    Fiat Chrysler Automobiles NV said on Friday it is recalling 
470,000 vehicles worldwide to replace a component that may 
inhibit deployment of the vehicles' active head restraints in 
the event of a crash.  urn:newsml:reuters.com:*:nL2N1MO1R7 
     
    ITALIAN BANKS 
    The European Central Bank on Friday rejected criticism of 
its plans to tackle soured bad debt, arguing that the move was 
both legal and necessary to resolve a nagging problem that has 
bogged down banks for a decade.  
    At the centre of the dispute is how best to tackle European 
banks' bad loans, which stand at around $1 trillion, a thorny 
issue, particularly in Italy.  urn:newsml:reuters.com:*:nL8N1MO2ZR 
     
    ATLANTIA  ATL.MI  
    Italian toll-road operator Atlantia is prepared to raise its 
takeover bid for Spanish rival Abertis  ABE.MC  to up to about 
17.8 billion euros ($21 billion) should a rival offer by builder 
ACS  ACS.MC  materialise, three sources close to the matter 
said.  urn:newsml:reuters.com:*:nL8N1MO539 
     
    TELECOM ITALIA  TLIT.MI  
    Italy's communications regulator is considering whether it 
could force Telecom Italia (TIM) to put its fixed-line network 
into a separate company to address competition concerns, three 
sources close to the matter said.  urn:newsml:reuters.com:*:nL8N1MO2JB 
     
    ENI  ENI.MI  
    The only bidder in Lebanon's first tender for five offshore 
energy blocks was a consortium made up of France's Total 
 TOTF.PA , Italy's ENI and Russia's Novatek, Minister of Energy 
and Water Cesar Abi Khalil said on Friday.  urn:newsml:reuters.com:*:nL8N1MO4TD 
     
    ALITALIA  CAITLA.UL  
    Italy on Friday extended a bridge loan for airline Alitalia, 
which is in special administration as state commissioners seek 
to sell, overhaul or liquidate the carrier.  urn:newsml:reuters.com:*:nL8N1MO5JL 
     
    SAVE  SAVE.MI  
    A vehicle sponsored by the Italian entrepreneur Enrico 
Marchi, the infrastructure funds of Deutsche Bank  DBKGn.DE  and 
InfraVia has increased its stake in the airport operator to 96,4 
percent of the share capital following the result of a takeover 
bid launched by the investment vehicle.  urn:newsml:reuters.com:*:nBIA6bJl5B 
     
    GEQUITY  GEQ.MI  
    HRD Italia Srl mandatory full takeover bid on Gequity shares 
starts (0630 GMT); ends on Nov. 3 (1630 GMT). 
     
    REPLY  REY.MI  
    Starts stock split on ordinary shares. 
     
    TECHNOGYM  TGYM.MI  
    Chairman Nerio Alessandri attends conference on "Sport e 
Business" in Milan (1030 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/OCT. 16