Italy - Factors to watch on March 20

Centrale del Latte d'Italia SpA

20/03/2020 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 .
    
    GENERAL
    Italy's death toll from coronavirus overtook that of China,
where the virus first emerged, on Thursday as hospitals said
they were being overwhelmed and the government prepared to
prolong emergency lockdown measures.  urn:newsml:reuters.com:*:nL8N2BC318
    
    POLITICS
    Italian Prime Minister Giuseppe Conte said in an interview
with the Financial Times that the European Union must use "the
full firepower" of its 500 billion euro rescue fund to confront
Europe's economic crisis during the coronavirus outbreak.
 urn:newsml:reuters.com:*:nL4N2BC57K
    
    ECONOMY
    IMF publishes 2020 Article IV Consultation report on Italy
(1100 GMT)
    Bank of Italy releases January balance of payments data.
    
    COMPANIES
    ENEL  ENEI.MI 
    Italy's biggest utility said on Thursday it did not expect
the coronavirus epidemic to have any major impact on its results
and says its drive to digitise operations has given it an
advantage.  urn:newsml:reuters.com:*:nL8N2BC8DA
    
    INTESA SANPAOLO  ISP.MI , BPER BANCA  EMII.MI , UBI BANCA
 UBI.MI 
    Intesa Sanpaolo on Thursday said it was ready to accept a
lower price in a deal it has agreed with BPER Banca to address
possible antitrust issues in a proposed takeover of rival lender
UBI Banca.  urn:newsml:reuters.com:*:nL8N2BC8JS
    
    (*) DIASORIN  DIAS.MI 
    The Italian medical group said on Friday it had received an
authorisation from the U.S. Food and Drug Administration for the
emergency use of its Simplexa COVID-19 kit which tests for the
virus that causes COVID-19 directly from nasal swabs.
 urn:newsml:reuters.com:*:nFWN2BD05R
    
    FIAT CHRYSLER  FCHA.MI , FERRARI  RACE.MI 
    The two Italian carmakers are in talks with the nation's
biggest ventilator manufacturer to help to boost production of
the life-saving machines that are urgently needed in the
coronavirus crisis, company officials said on Thursday.
 urn:newsml:reuters.com:*:nL8N2BC7OP
    
    A2A  A2.MI 
    Power consumption in the northern regions of Italy was down
25% year-on-year in the last weeks due to the coronavirus
outbreak and the lockdown measures imposed by the government,
the chief executive of Italy's largest regional utility said on
Thursday.  urn:newsml:reuters.com:*:nR1N2A9021
    
    (*) UNIPOLSAI  US.MI 
    The Italian insurer said on Friday it expected a positive
result this year in line with targets despite the reduction in
contracts seen since coronavirus contagion emerged in late
February, barring significant long-lasting effects of the
healthcare emergency.  urn:newsml:reuters.com:*:nFWN2BD03F
     
    (*) UNICREDIT  CRDI.MI 
    Italy's biggest bank said on Friday it would hold its annual
general meeting on April 9 behind closed doors.  urn:newsml:reuters.com:*:nBIA72RLHn
    
    INWIT  INWT.MI 
    The mast company holds its ordinary shareholders' meeting to
appoint its board of directors (1430 GMT).
    
    NEWLAT  NWLF.MI , CENTRALE DEL LATTE D'ITALIA  CLII.MI 
    Italian food group Newlat said on Thursday it had entered
talks to buy a majority stake in dairy group Centrale del Latte
d'Italia, adding the coronavirus outbreak was boosting its food
sales.  urn:newsml:reuters.com:*:nL8N2BC8EQ
    
    
    ((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/