Italy - Factors to watch on Oct. 7

Cyberoo SpA

07/10/2019 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 .
    
    
    ECONOMY
    ISTAT releases monthly bulletin on the state of the economy
in September (0800 GMT).
    Bank of Italy releases September data on Target 2
liabilities and European Central Bank funding to Italian banks.
    
    DEBT
    Treasury announces sale of 12-month BOT bills, with relative
amounts to be auctioned on Oct. 10.
    
    COMPANIES
    ATLANTIA  ATL.MI ,  ALITALIA
    Investors working on the rescue of Italian flag carrier 
will send the industry ministry a list of obstacles standing in
the way of the airline's turnaround, one source close to the
matter said, putting pressure on Rome to help with finalising a
deal.  urn:newsml:reuters.com:*:nL5N26P28O    
    Papers on Saturday cited Prime Minister Giuseppe Conte as
saying the question of the possible revocation of Atlantia's
highway concessions and Atlantia joining Alitalia's rescue plan
were two separate issues that cannot be mixed.
    Il Messaggero and Corriere on Saturday said Conte would meet
the top management of Atlantia on the Alitalia plan early this
week. Il Messaggero also said a meeting between the industry
minister and Atlantia management last Thursday helped thaw
relations over the concession issue to the extent that the
consortium Atlantia is part of to save Alitalia will be able to
confirm its binding offer by Oct 15.
    Businessman German Efromovich is offering up to one billion
euros to buy Alitalia, says Corriere della Sera on Saturday
while according to La Stampa the state will pump another 500
million euros into the airline for liquidity purposes by end
October.
    
    TELECOM ITALIA  TLIT.MI 
    It does not make sense economically to have overlapping
broadband infrastructures, recently appointed Technological
Innovation minister Paola Pisano said on the sidelines of a
conference in Capri, according to il Sole 24 ore on Sunday. 
    CEO Luigi Gubitosi told Italy's antitrust in September the
group planned to adopt the co-investment model envisaged by new
EU regulations to build out its fiber-to-the-home network, Il
Sole 24 Ore said on Saturday. The model foresees the
co-existence of other networks to increase competition.    
        
    ENI  ENI.MI , ENEL  ENEI.MI 
    Iberdrola targets 1 million customers in Italy in the next
three years from 150,000 now, the group's Italy country manager 
Lorenzo Costantini told Il Messaggero on Sunday.
        
    MEDIASET  MS.MI 
    Shareholders representing only 0.0417% of outstanding shares
opted to withdraw from the Italian broadcaster's reorganisation
plan, the company said on Friday.  urn:newsml:reuters.com:*:nFWN26P0HZ 
    
    A2A  A2.MI , IREN  IREE.MI , HERA  HRA.MI 
    The utilities are interested in Italian waste and
environmental services company Unieco Ambiente, Il Sole 24 Ore
said on Saturday. The auction of the asset, worth around 100
million euros, is set to start, it said.
    
    SAFILO  SFLG.MI 
    The Italian eyewear maker has renewed for three years an
accord with French luxury giant Kering  KRGI.MI  to manufacture
and supply Gucci-branded products, the companies said on Friday.
 urn:newsml:reuters.com:*:nS8N26404K
    
    AS ROMA  ASR.MI  
    The Serie A soccer team posted a net loss of 24.3 mln euros
in the fiscal year to June 2019.  urn:newsml:reuters.com:*:nS8N1ZU02D  

    CASTA DIVA GROUP  CDGI.MI 
    Starts capital increase, ends on Oct. 24.
    
    CYBEROO  CYBER.MI 
    Debuts on AIM segment.
    
    VISIBILIA EDITORE  VE.MI 
    Starts capital increase, ends on Oct. 24.
    
    IPO - RCF GROUP 
    IPO starts, ends on Oct. 17; holds news conference to
present IPO for listing on main segment (MTA) (0945 GMT).
    
    DIARY
    Rome, CNEL-National Council for Economy and Labour (1600
GMT), Economy Minister Roberto Gualtieri (1700 GMT) speaks
before Senate and Chamber of Deputies Budget committees on the
government's new economic and public finance targets that will
underpin its 2020 budget.
    Rome, Italy's lower house discusses reform to cut number of
Parliamentary members.
    Conference on "Where the Italian economy goes and the
economic policy scenarios" with European Commission
representative Marco Buti, Italian Economy Minister Roberto
Gualtieri (0800 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/