Italy - Factors to watch on Dec. 27

Centro HL Distribuzione SpA

27/12/2019 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
    Italy's 2020 budget was passed by parliament on Monday,
around a week ahead of the end-year deadline, thanks to a
confidence vote in the Chamber of Deputies.  urn:newsml:reuters.com:*:nR1N28203S
    Italian Education Minister Lorenzo Fioramonti told Reuters
on Wednesday he had resigned after failing to obtain from the
government billions of euros he said were needed to improve the
country's schools and universities.  L8N28Z0Q5 
        
    DEBT
    Italy's Treasury said on Monday it would sell up to 4.5
billion euros in bonds at auction on Monday, December 30.
 urn:newsml:reuters.com:*:nL8N28X1H6
      
    COMPANIES
    Bourse After Hours market closed.
    
    INTESA SANPAOLO  ISP.MI 
    The bank appointed Tommaso Corcos as its new hea dof the
private banking division and Saverio Perissinotto as head of
asset management, it said on Thursday.
    
    TELECOM ITALIA  TLIT.MI 
    In a  ruling dated Dec. 23, an appeals court has annulled a
28 million euro fine against the company and six other firms
which had been imposed due to allegations that they had struck
an accord over commercial offers, breaching competition rules.
    
    ENEL  ENEI.MI 
    The company said on Wednesday that board member Alberto
Bianchi had stepped down, for personal reasons, from the office
of Chair of the Nomination and Remuneration Committee.          
     .
    
    ATLANTIA  ATL.MI 
    The Italian government is pressing ahead with measures to
make it easier and less costly to revoke concessions to operate
motorways, even though one party in the ruling coalition opposes
this, top officials said on Tuesday. The measures would
potentially open the way for the government to end the
concession held by Atlantia, whose subsidiary Autostrade per
l'Italia (ASPI) was the operator of a bridge that collapsed in
Genoa last year, killing 43 people.  urn:newsml:reuters.com:*:nL8N28Y0ZS
    
    BANCA CARIGE  CRGI.MI 
    Moody's said on Tuesday it had lifted the Issuer Long Term
rating of Carige by 1 notch to 'Caa2' following the capital
increase and the disposal of problem loans. The Long Term
deposit rating was confirmed at 'Caa1'.  urn:newsml:reuters.com:*:nNDLbPjflG
    
    ITALIAN BANKS
    Italy's FITD fund on Dec. 30 will likely approve a capital
injection to shore up Banca Popolare di Bari, Il Sole 24 Ore
reported on Tuesday.
    
    TELECOM ITALIA  TLIT.MI 
    The Italian government cannot exclude any 5G network
provider ex-ante, but is ready to block specific deals on 5G
network if a danger for security arises, Prime Minister Giuseppe
Conte told Il Messaggero on Tuesday.
       
    MEDIASET  MS.MI 
   Italian private broadcaster said on Monday that Vivendi's
 VIV.PA  complaints over the governance structure of a Dutch
holding company which is part of its MFE pan-European expansion
plan, are "groundless" and "biased".  urn:newsml:reuters.com:*:nS8N27Z02G
    
    NEXI  NEXII.MI 
    Rating agency Fitch has placed company's ratings on 'Watch
Negative' following the announcement to buy Intesa San Paolo's
credit cards merchant-acquiring business for 1 billion euros  urn:newsml:reuters.com:*:nFit5jXQXZ
    
    ENEL  ENEI.MI 
    Europe's largest utility said in Monday it would expand a
wind farm's total capacity in US to 500 MW after a renewable
energy power purchase agreement (PPA) with food and beverage
company Danone North America.  urn:newsml:reuters.com:*:nFWN28X0EX     
    
    ENERGY
    Italian infrastructure fund F2i and Spain's Asterion have
reached an agreement to buy Italian energy group Sorgenia, the
company said on Monday.  urn:newsml:reuters.com:*:nS8N27Z02H
    
    CHL  CHL.MI 
    A court in Florence has suspended the board of the company
and appointed judicial administrators, CHL said on Tuesday.
 urn:newsml:reuters.com:*:nFWN28X0IQ
    
    ((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/