Italy - Factors to watch on May 9

dAmico International Shipping SA

09/05/2019 05:00

MILAN, May 9 (Reuters) - The following factors could affect
Italian markets on Thursday.
    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 coalition parties vowed on Wednesday to patch up
their differences and govern for four more years, after Prime
Minister Giuseppe Conte sacked a junior minister involved in a
corruption scandal despite resistance from the League
party. urn:newsml:reuters.com:*:nL5N22K4DX
    
    DEBT
    Italian government bond yields rose on Wednesday on concerns
over tension within Rome's ruling coalition, with 10-year bonds
rising 10 bps to 2.689 percent  IT10YT=RR  at one stage, pushing
the gap over Germany to 273 bps, its widest in over two months.
 DE10IT10=RR .
    
    Treasury announces sale of BTP bonds, with relative amounts,
to be auctioned on May 14.
    
    COMPANIES
    
    CREVAL  PCVI.MI 
    Italian mid-sized bank Creval reported a net profit of 8.4
million euros in the first quarter of the year versus a loss of
30.1 million euros in the same period of 2018. The bank said a
new three-year business plan will be presented on June
18. urn:newsml:reuters.com:*:nL5N22K831
    
    
    ENI  ENI.MI 
    A Nigerian court on Wednesday dismissed government claims
that subsidiaries of Eni and Petrobras  PETR4.SA  illegally
exported crude oil to the United States, but a lawyer
representing authorities in the West African country said an
appeal had been launched.  urn:newsml:reuters.com:*:nL5N22K7JA
    
    ENEL  ENEI.MI 
    Europe's biggest utility said on Wednesday its ordinary core
earnings in the first quarter rose 13.9 percent to 4.454 billion
euros, above an analyst consensus of 4.278 billion euros.
 urn:newsml:reuters.com:*:nS8N22506P
    
    LEONARDO  LDOF.MI 
    Italian defence group confirmed its full-year guidance on
Wednesday as it reported double-digit growth in new orders and
revenue for the first quarter.  urn:newsml:reuters.com:*:nL5N22K7C6
    
    MEDIASET ESPANA  TL5.MC , MEDIASET  MS.MI 
    The Spanish group controlled by Italian broadcaster Mediaset
reported a 53.1 million euro net profit in the first quarter of
the year, slightly down from 53.2 million euro a year ago, the
company said on Wednesday.
    
    BRUNELLO CUCINELLI  BCU.MI 
    Italian fashion group Brunello Cucinelli reported a 8.1
percent growth in revenue to 160.4 million euro in the first
quarter, matching an analyst consensus.
    
   BANCO BPM  BAMI.MI  
   Italy's third largest bank said on Wednesday bad loans as a
proportion of total loans would fall to 9.9 percent after it
struck a deal to sell a leasing soured debts portfolio with a
nominal value of about 650 million euros.
    Net profit at the end of first quarter came in at 150.5
million euros, down 32.6 percent from a year ago.  urn:newsml:reuters.com:*:nL5N22K7HD
    
    UBI BANCA  UBI.MI 
    Italy's fifth biggest lender shares ended Wednesday trading
session up 4.8 percent as the bank posted better than expected
revenues in the first quarter after it increased the rates it
charges for customer loans.  urn:newsml:reuters.com:*:nL5N22K5VG
    
    BANCO DI DESIO E DELLA BRIANZA  DESI.MI 
    Annual and extraordinary shareholders' meetings (0800 GMT)
and board meeting on Q1 results.
    
    RECORDATI  RECI.MI 
    Meets analysts (1030 GMT) in London; CFO Fritz Squindo
presents Q1 results; CEO Andrea Recordati presents 2019-2021
business plan.
    
    MEDIOBANCA  MDBI.MI 
    Board meeting on Q3 results, followed by conference call
(1230 GMT).
    
    UNICREDIT  CRDI.MI 
    Releases Q1 results, followed by conference call (0800 GMT)
and news conference (1230 GMT).
    
    Annual general meetings: BUZZI UNICEM  BZU.MI  (0830 GMT),
DIGITAL360  DIGT.MI  (1000 GMT), SCIUKER FRAMES  SCK.MI  (0900
GMT), SG COMPANY  SGCO.MI  (1300 GMT).
    
    CFT  CFTS.MI 
    Annual and extraordinary shareholders' meetings (0830 GMT).
    
    Board meetings on Q1 results: AZIMUT  AZMT.MI , BPER BANCA
 EMII.MI  followed by conference call (1600 GMT), BUZZI UNICEM
 BZU.MI , DIASORIN  DIAS.MI  followed by conference call,
MONCLER  MONC.MI  followed by conference call (1630 GMT), UNIPOL
GROUP  UNPI.MI , UNIPOLSAI  US.MI , ALERION CLEAN POWER
 ARN.MI , ANIMA  ANIM.MI , BANCA IFIS  IF.MI , BANCA MONTE DEI
PASCHI DI SIENA  BMPS.MI  followed by conference call (1100
GMT), BANCA POPOLARE DI SONDRIO  BPSI.MI , BANCA PROFILO
 PRO.MI , BE  BET.MI , BREMBO  BRBI.MI  (0730 GMT) followed by
conference call (1200 GMT), CATTOLICA ASSICURAZIONI  CASS.MI 
(press release on May 10), CEMENTIR  CEMI.MI  followed by
conference call, CREDITO EMILIANO  EMBI.MI , D'AMICO
INTERNATIONAL SHIPPING  B7C.MI  followed by conference call
(1200 GMT), DEA CAPITAL  DEA.MI , DE' LONGHI  DLG.MI  followed
by conference call, DOBANK  DOB.MI , EQUITA GROUP  EQUI.MI ,
FALCK RENEWABLES  AA4.MI , FINCANTIERI  FCT.MI , INDEL B
 INDB.MI , ITALMOBILIARE  ITMI.MI , MAIRE TECNIMONT  MTCM.MI ,
MASSIMO ZANETTI  MZB.MI  followed by conference call (1530 GMT),
RCS MEDIAGROUP  RCSM.MI , SAFILO  SFLG.MI  followed by
conference call (1745 GMT), TOD'S  TOD.MI , followed by
conference call (1545 GMT).
    Conference calls on Q1 results: CREDITO VALTELLINESE
 PCVI.MI  (0600 GMT), ITALIAONLINE  IOL.MI  (0830 GMT), TERNA
 TRN.MI  (0730 GMT).
    
    DIARY
    Rome, INPS President Pasquale Tridico speaks before Chamber
of Deputies Labor Committee (0730 GMT).
    Rome, Leonardo  LDOF.MI  CEO Alessandro Profumo informally
speaks before Senate Defence Committee (0700 GMT).
    Milan, La Scala Philharmonic orchestra holds news conference
to present "Concert for Milan" with Milan Mayor Giuseppe Sala,
Filarmonic President and UniCredit  CRDI.MI  Chairman Fabrizio
Saccomanni, Allianz Italian unit CEO Giacomo Campora, Filarmonic
Director Riccardo Chailly (1400 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/ 

 (Reporting By Viviana Venturi)
 ((mailto:viviana.venturi@thomsonreuters.com;))