Italy - Factors to watch on July 24

Centrale del Latte d'Italia SpA

24/07/2020 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 .
    
    ECONOMY
    ISTAT releases July consumer and business confidence data
(0800 GMT) and June non-EU foreign trade data (0900 GMT).
    
    DEBT
    Treasury announces sale of 6-month BOT bills, with relative
amounts to be auctioned on July 29.
    
    COMPANIES
    INTESA SANPAOLO  ISP.MI , UBI BANCA  UBI.MI 
    UBI Banca on Thursday rejected a sweetened takeover bid by
rival Intesa Sanpaolo, saying it still failed to reflect the
real value of Italy's fifth-largest bank and adequately reward
its shareholders.  urn:newsml:reuters.com:*:nL5N2EU7FF
    Italy Bourse said on Thursday that investors tendered UBI
shares in Intesa Sanpaolo exchange offer accounting for 26.406%
of bid's target.  urn:newsml:reuters.com:*:nFWN2EU145
         
    ATLANTIA  ATL.MI 
    Moody's has changed the outlook on Atlantia and Autostrade
per l'Italia to developing from negative following the
preliminary agreement between Autostrade, Atlantia and the
Italian government to settle the ongoing dispute over a bridge
disaster in Genoa in 2018.  urn:newsml:reuters.com:*:nMDY3jW5Y9
    A parliamentary oversight committee on Italian state lender
Cassa Despositi e Prestiti (CDP) said authorities should be
alert to the risk that cuts in road tolls could reduce the
profitability of Atlantia's Autostrade per l'Italia unit and
hurt investment.   urn:newsml:reuters.com:*:nL5N2EU742
    TCI Fund Management, an investor in Italian infrastructure
group Atlantia, accused Rome of an "illegitimate expropriation"
of Atlantia's motorways unit Autostrade per l'Italia.
 urn:newsml:reuters.com:*:nL5N2EU6IB
    
    TELECOM ITALIA  TLIT.MI , POSTE ITALIANE  PST.MI 
    Poste Italiane has reached agreements with Telecom Italia
and broadband group Open Fiber to provide high speed fibre optic
internet services across Italy, extending its existing mobile
offer into fixed line, the Italian post office operator said on
Thursday.  urn:newsml:reuters.com:*:nL5N2EU71L
    
    JUVENTUS  JUVE.MI 
    Juventus must wait to claim a ninth successive Serie A title
after they slumped to a shock 2-1 defeat at lowly Udinese on
Thursday with Seko Fofana scoring a stoppage-time winner.
 urn:newsml:reuters.com:*:nL5N2EU7FX
    
    NEWLAT  NWLF.MI 
    Takeover offer on Centrale del Latte d'Italia  CLII.MI 
shares ends.
    
    AEROPORTO DI BOLOGNA  ADB.MI 
    Aeroporto di Bologna said on Thursday it obtained a
state-backed loan worth 33.9 million euros.  urn:newsml:reuters.com:*:nFWN2EU140
    
    EDIZIONE
    Benettons's holding company Edizione has sold its rights to
buy into Cellnex  CLNX.MC  capital increase to Goldman Sachs and
will dilute its 16.45% stake to around 13%, according to a
filing published by Spanish market watchdog.
    
    DIARY
    ART-Transport Authority holds news conference to present
annual report to Parliament (1000 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/