Italy - Factors to watch on Sept. 6

Caleffi SpA

06/09/2018 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 .
    
    ECONOMY
    OECD releases July composite leading indicator (1000 GMT).
    
    DEBT
    Italy's Treasury said it would offer to buy back four bonds
from investors on Friday, the latest in a string of similar
deals it has been carrying out in recent weeks to help stabilise
its debt. urn:newsml:reuters.com:*:nI6N1UT01N
    
    COMPANIES
    Milan, Milan Stock Exchange ends "Italian Equity Week:
Lifestyle, Industrial and Infrastructure" (0700 GMT).
    
    TELECOM ITALIA  TLIT.MI 
    French media conglomerate Vivendi said on Wednesday the
management of Telecom Italia, or TIM, had been "disastrous"
since activist fund Elliott had seized control of the Italian
firm's board. urn:newsml:reuters.com:*:nFWN1VR0VI
    
    BANCA CARIGE  CRGI.MI  
    Banca Carige's biggest shareholder has asked a judge to
prevent a rival shareholder in the Italian bank from putting
forward a list of candidates for a boardroom
overhaul. urn:newsml:reuters.com:*:nL5N1VR5N1
    Malacalza Investimenti has bought more than 2 billion of
Banca Carige shares between Aug. 6 and Aug. 31, a filing showed.
The investor bought 187.85 million shares after Aug. 23, when
its stake stood at 23.96 percent. Those shares, bought on Aug.
29 and Aug. 31, equaled to a stake of 0.34 percent, Reuters
calculations showed. urn:newsml:reuters.com:*:nI6N1UT01Q
    
    UNICREDIT  CRDI.MI , INTESA SANPAOLO  ISP.MI , MEDIOBANCA
 MDBI.MI , CREDITO EMILIANO  EMBI.MI , BANCA NAZIONALE DEL
LAVORO
    Fitch has revised its outlook on the five banks to
'negative' from 'stable' following a revision of Italy's
outlook, saying the move reflects its view that "the banks would
likely be downgraded if Italy's rating is downgraded". 
    
    SARAS  SRS.MI 
    Shareholders Massimo Moratti S.A.P.A. and Mobro S.P.A. have
launched the sale of up to 95.1 million ordinary shares in
Saras, equal to around 10 percent of the company's share
capital, through an accelerated bookbuilding process to certain
institutional investors. The books for the offer were covered by
orders, the bookrunner for the sale later added. urn:newsml:reuters.com:*:nFWN1VR0QM 
    
    MEDIASET  MS.MI  
    The broadcaster said in a statement it had bought all shares
of Rmc Italia, the publisher of Radio MonteCarlo.
    
    ENI  ENI.MI 
    Egypt said on Wednesday it was "taking all necessary steps"
over $2 billion the World Bank ordered it to pay to
Italian-Spanish Union Fenosa Gas (UFG) - a joint venture between
Spain's Gas Natural and Italy's Eni - because of a lack of gas
supply to an Egyptian plant in which the company has a majority
stake. urn:newsml:reuters.com:*:nL5N1VR4YY
    
    SALINI IMPREGILO  SALI.MI 
    The builder said it and partners FCC and AECOM had won a
tender for a project to expand the Jorge Chavez International
Airport in Lima, Peru. urn:newsml:reuters.com:*:nFWN1VR0RC
    
    ISAGRO  IGS.MI 
    Conference call on H1 results (0830 GMT).
    
    EXOR  EXOR.MI 
    Board meeting on H1 results.
    
    Board meetings on H1 results: BEGHELLI  BE.MI , CALEFFI
 CLFF.MI , DEA CAPITAL  DEA.MI , FIDIA  FDA.MI  (0800 GMT),
GRUPPO MUTUIONLINE  MOL.MI .
    
    ((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/