Italy - Factors to watch on May 5

Caleffi SpA

05/05/2017 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 
    Florence, 'The State of the Union' continues conference on 
"Building a People's Europe" (0730 GMT); ends on May 6. Expected 
attendees include European Parliament President Antonio Tajani, 
European Commission President Jean-Claude Juncker. Italian Prime 
Minister Paolo Gentiloni delivers closing address. 
     
    ECONOMY 
    Rating agency S&P revises sovereign debt rating on Italy. 
    ISTAT releases monthly bulletin on the state of the economy 
in April (0800 GMT). 
    Italy will push for more effective international rules 
governing the taxation of internet companies at a meeting of 
finance ministers from the Group of Seven rich nations next 
week, Economy Minister Pier Carlo Padoan said on Thursday. 
 urn:newsml:reuters.com:*:nR1N1FF023 
     
    DEBT 
    Treasury announces sale of 12-month BOT bills, with relative 
amounts to be auctioned on May 10. 
     
    COMPANIES 
    INTESA SANPAOLO  ISP.MI  
    Board meeting on Q1 results, followed by conference call 
(1300 GMT). 
     
    TELECOM ITALIA  TLIT.MI  
    French media group Vivendi  VIV.PA  tightened its grip on 
Telecom Italia on Thursday by appointing 10 directors out of 15 
to the board of the Italian company.  urn:newsml:reuters.com:*:nL8N1I687W 
     
    MONTE DEI PASCHI  BMPS.MI  
    Italy's Monte dei Paschi di Siena, which is being bailed out 
by the government, said on Thursday its core capital had fallen 
to 6.5 percent at the end of the first quarter, well below a 
10.75 percent minimum requirement set by the European Central 
Bank.  urn:newsml:reuters.com:*:nL8N1I680N 
     
    ATLANTIA  ATL.MI  
    The Italian airport and motorway operator denied on Thursday 
a press report from Spanish newspaper Expansion saying an offer 
on rival Abertis  ABE.MC  was "imminent".  urn:newsml:reuters.com:*:nI6N1HQ02I 
     
    FERRARI  RACE.MI  
    Ferrari Chairman Sergio Marchionne said on Thursday he was 
hopeful of offering a hybrid gas-electric vehicle by 2019. 
 urn:newsml:reuters.com:*:nFWN1I610F 
    The group said the brand is capable of going beyond the 
10,000 (shipments) mark, on an annual basis.  urn:newsml:reuters.com:*:nFWN1I60YU 
 
    ENEL  ENEI.MI  
    Enel's shareholders have approves a share buy back programme 
of up to 2 billion euros.  urn:newsml:reuters.com:*:nI6N1HZ00H 
     Enel CEO Francesco Starace said on Thursday the group's 
Open Fiber broadband unit has no plans for a tie-up with Telecom 
Italia or to list on the stock market.  urn:newsml:reuters.com:*:nI6N18901M 
     
    MONCLER  MONC.MI  
    The Italian luxury outerwear maker reported on Thursday a 16 
percent rise in first quarter revenue, lifted by sales in 
Europe, particularly in Britain, France and Germany. 
 urn:newsml:reuters.com:*:nFWN1I60WD 
    The group's Chief Corporate Officer Luciano Santel said on 
Thursday he expects wholesale channel to grow "mid-single digit" 
this year, up from previously expected "low-single digit". 
 urn:newsml:reuters.com:*:nS8N1HL00A 
     
    BANCA POPOLARE DI VICENZA  BPVS.UL , IMA  IMAI.MI  
    The lender said on Thursday it launched an accelerated 
bookbuilding to sell a 0.683 percent stake in IMA.   
    
    TOD'S  TOD.MI  
    Board meeting on Q1 results (sales), followed by conference 
call (1600 GMT). 
     
    ITALGAS  IG.MI  
    Releases Q1 results (before Bourse opening), followed by 
conference call (1200 GMT). 
     
    ANIMA HOLDING  ANIM.MI  
    Board meeting on Q1 results. 
     
    CALEFFI  CLFF.MI  
    Board meeting on Q1 results (revenues), followed by 
conference call; annual general assembly (0900 GMT). 
     
    INDUSTRIAL STARS OF ITALY 2  IN2.MI  
    Ordinary and extraordinary shareholders' meeting (1100 GMT). 
     
    EDISON  EDNn.MI  
    Board meeting on Q1 results. 
     
    ((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/MAY 5