Italy - Factors to watch on April 18

Datalogic SpA

18/04/2017 05:00

The following factors could affect Italian markets on Tuesday. 
    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 . 
     
    COMPANIES 
    Bourse After Hours market closed. 
         
    ENI.MI  ENI.MI  
    The oil and gas group said on Sunday it was waiting to 
examine in detail the reasons behind Italy's Basilicata region's 
decisions to again block operations at Eni's Val d'Agri oil 
centre in Viggiano and that it conducted with the utmost 
diligence activities aimed at ensuring the centre operated 
safely. 
     
    ATLANTIA  ATL.MI  
    Four suitors are left in the race to buy a minority stake in 
Atlantia's motorway unit, two sources close to the matter said 
on Thursday, as the Italian infrastructure group prepares to 
finalise the deal in coming weeks.  urn:newsml:reuters.com:*:nL8N1HL2QE 
    Macquarie  MQG.AX  has submitted an offer for a 15 percent 
stake in the Italian motorway group's Autostrade per l'Italia 
unit which places the Australian fund next to Allianz among the 
favoured bidders, Il Sole 24 Ore reported on Saturday. 
     
    FIAT CHRYSLER  FCHA.MI   
    Chief Executive Sergio Marchionne rowed back on his search 
for a merger on Friday, saying the car maker was not in a 
position to seekdeals for now and would focus instead on 
following its business plan.  urn:newsml:reuters.com:*:nL8N1HM0Q8 
    
    UNICREDIT  CRDI.MI , INTESA SANPAOLO  ISP.MI , ASSICURAZIONI 
GENERALI  GASI.MI  
    Alitalia and labour unions reached a preliminary agreement 
on Friday on job and pay cuts that the loss-making airline says 
are necessary to keep it in business, union and government 
officials said.  urn:newsml:reuters.com:*:nL8N1HM0C4 
    Adviser Lazard has worked over the Easter weekend to provide 
Alitalia's creditors UniCredit, Intesa and Generali by Tuesday 
with an updated version of the business plan that incorporates 
the impact of Friday's accord, Il Messaggero reported on 
Saturday. The paper quoted a person working on the deal as 
saying the lower-than-expected labour cost cuts in the accord 
should not significantly alter the plan's projections. 
  
    BANCA MEDIOLANUM  BMED.MI  
    Italy's top administrative court said on Friday it had asked 
the European Court of Justice (ECJ) whether the latter had full 
competence over the case concerning the stake that Silvio 
Berlusconi's holding company Fininvest holds in the Italian 
asset manager -- or whether the Italian court had any 
jurisdiction in the matter.  
    Berlusconi and Fininvest appealed in December to the ECJ 
against European Central Bank's decision that Fininvest should 
cut its 30 percent stake in Mediolanum.  
     
    TELECOM ITALIA  TLIT.MI , MEDIASET  MS.MI  
    The telecoms group is discussing with both U.S. media group 
Discovery  DISCA.O  and Italian broadcaster Mediaset the 
possibility of bidding together for the Serie A and Champions 
League's broadcasting rights, Il Messaggero reported on Saturday 
citing Ansa. Telecom is only interested in the ultra-broadband 
rights and will choose its partner also in relation to how the 
tenders are structured.  
     
    ASSICURAZIONI GENERALI  
    Investor Francesco Gaetano Caltagirone has bought a further 
1 million shares at an average price of 14.1 euros each raising 
his stake to around 3.6 percent, a regulatory filing showed on 
Friday. 
     
    AVIO  SPA2.MI  
    Leonardo Del Vecchio owns 3.89 percent of the aerospace 
group, pioneer investments 3.24 pct and Multilabel Sicav 4.71 
percent, a regulatory filing showed on Friday 
     
    ITALMOBILIARE  ITAI.MI  
    The Pesenti family's holding company is close to finalising 
an investment in mountain garments company Tecnica, Il Sole 24 
Ore reported on Sunday. 
     
    FERRARI  RACE.MI  
    Ferrari's Sebastian Vettel won the Bahrain Grand Prix to go 
seven points clear at the top of the Formula One standings on 
Sunday, with Mercedes rival Lewis Hamilton staging a late charge 
to finish second. 
 
    PRIMA INDUSTRIE  PRII.MI  
    The group stands by a target of around 500 million euros in 
revenue in 2019 and an EBITDA margin of 12 percent up from 9 
percent at end-2016, Il Sole 24 Ore reported on Sunday. 
         
    IPOs  
    Private-equity held Italian packaging firm Guala Closures is 
preparing a stock market listing or a sale that may value the 
company at more than 1 billion euros ($1.06 billion) including 
debt, sources close to the matter said.  urn:newsml:reuters.com:*:nL8N1HL4BE 
     
     
    ((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/  
 
 
($1 = 0.9395 euros) 
 
 
Keywords: ITALY FACTORS/APRIL 18