Italy - Factors to watch on Sept. 11

Caltagirone Editore SpA

11/09/2017 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 . 
     
    POLITICS 
    Presentation of "The Journey of the Constitution" initiative 
with Prime Minister Paolo Gentiloni in Milan (0930 GMT). 
     
    ECONOMY 
    ISTAT releases July industrial output (0800 GMT). 
     
    Italian Economy Minister Pier Carlo Padoan meets French 
counterpart Bruno Le Maire on Fincantieri  FCT.MI -STX shipyard 
row in Rome. 
    France, Germany, Italy and Spain want digital multinationals 
like Amazon and Google to be taxed in Europe based on their 
revenues, rather than only profits as now, their finance 
ministers said on Saturday in a joint letter.  urn:newsml:reuters.com:*:nL5N1LQ0C5 
     
    COMPANIES 
    TELECOM ITALIA  TLIT.MI , VIVENDI  VIV.PA  
    Italian government's working group on so-called "golden 
powers" will meet on Sept. 25 to discuss the use of these powers 
to limit the influence of French media company Vivendi on 
Telecom Italia, Il Sole 24 Ore wrote on Sunday.  
    The newspaper also said the phone company and the government 
are in more constructive talks over investments to build an 
ultra-fast broadband network. 
    Italy's stock exchange watchdog Consob may give its verdict 
on Vivendi's influence over Telecom Italia in the next few days, 
Il Sole 24 Ore said on Saturday. 
     
    GENERALI  GASI.MI  
    The Italian insurer has entered exclusive talks with Asr 
Verzekeringen over the sale of its Dutch business and could ink 
the deal by the end of September, Milano Finanza said on 
Saturday. The transaction could be worth around 300 million 
euros, it added. 
     
    ATLANTIA  ATL.MI  
    The Italian infrastructure group has given the European 
Commission notice of its takeover bid on Spain's Abertis 
 ABE.MC , Il Sole 24 Ore said on Saturday, adding the EU 
Antitrust will give its verdict on the issue by Oct. 13.  
     
    FIAT CHRYSLER  FCHA.MI  
    If the car maker does not find a buyer for its unit Magneti 
Marelli by the end of 2018, it may spin off the components unit, 
Corriere della Sera reported on Sunday in an unsourced report. 
The newspaper added the unit has a value between 4 and 5 billion 
euros. 
     
    BANCA CARIGE  CRGI.MI  
    A new business plan drafted by the regional lender estimates 
the Banca Carige will record a narrow profit as soon as next 
year, several Italian newspapers reported on Saturday. 
     
    PARMALAT  PLT.MI  
    The Italian dairy group is considering the purchase of 
Australian rival Murray Goulburn Co-operative, Il Sole 24 Ore 
reported on Sunday, adding other food companies around the world 
are looking at the deal. 
      
    BANCA INTERMOBILIARE  BIM.MI  
    Investment fund Attestor Capital is in pole position in the 
race to buy a majority stake in the Italian lender, Milano 
Finanza and Il Sole 24 Ore said on Saturday.       
     
    CALTAGIRONE EDITORE  CED.MI  
    Chiara Finanziaria has raised bid price on Caltagirone 
Editore to 1.22 euros per share.  urn:newsml:reuters.com:*:nI6N1KQ023 
    Investment fund Amber has increased its stake in the 
publisher to nearly 10 percent, La Stampa reported on Sunday, 
adding several investors in the company have asked for a further 
increase in the price of the bid launched by Chiara Finanziaria. 
     
    ALITALIA  CAITLA.UL  
    Low cost carrier Ryanair  RAY.I  will present an offer to 
buy Alitalia, Milano Finanza reported on Saturday adding that if 
its offer is accepted Ryanair wants to maintain its brand and 
business separate from the one of Alitalia.  
     
    NETWEEK  NTW.MI  
    Extraordinary shareholders' meeting (0830 GMT) and board 
meeting on H1 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/SEPT. 11