Italy - Factors to watch on Oct. 26

Digital Bros SpA

26/10/2018 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 .
    
    ECONOMY
    Rating agency S&P reviews sovereign debt rating on Italy.
    Italy would need to secure a bailout from the European Union
if it is to receive any help from the European Central Bank to
bring down its borrowing costs on financial markets, the ECB's
President Mario Draghi said on Thursday. urn:newsml:reuters.com:*:nL8N1X57X2
    If the spread between Italian and German bond yields rises
and nobody intervenes then banks could be put in a difficult
situation, European Affairs Minister Paolo Savona said on
Thursday. Savona added it should be up to the European Central
Bank (ECB) to intervene if a banking crisis were to
arise. urn:newsml:reuters.com:*:nR1N1X4008
    
    DEBT
    Treasury sells 2.5-3.0 billion euros new CTZ bonds due Nov.
27, 2020 and 0.5-1.0 billion euros BTPei bonds due May 15, 2028.
Subscriptions close at 0900 GMT.
    Italy's Treasury said on Thursday it would offer up to 5.5
billion euros ($6.25 billion) over three bonds at an auction on
Oct. 30. urn:newsml:reuters.com:*:nS8N1X5000
    
    COMPANIES
    
    BANKS
    The government is monitoring Italy's banks and at the moment
the situation is under control, Deputy Prime Minister Luigi Di
Maio said on Thursday. urn:newsml:reuters.com:*:nR1N1X4007
    Italy's banks are charging households and businesses more to
borrow after a fall in the value of the country's bonds, the
first sign of a credit tightening that could disrupt the
populist government's economic revival plans. urn:newsml:reuters.com:*:nL8N1X45RT
    
    ENI  ENI.MI 
    Releases Q3 results (0530 GMT), followed by conference call
(1000 GMT).
        
    BANCO BPM  BAMI.MI 
    The company said that Alessandro Varaldo was appointed CEO
of its private bank Banca Aletti. 
    
    ATLANTIA  ATL.MI 
    Moody's downgraded Atlantia's rating to 'Baa3', maintains
the company on review for a downgrade. urn:newsml:reuters.com:*:nMDY94yFWn
    
    LUXOTTICA  LUX.MI 
    Market regulator Consob has approved the offer document
relating to the mandatory exchange offer launched by
EssilorLuxottica for all ordinary shares of Luxottica not
already owned by EssilorLuxottica, the company said on Thursday.
    
    CIRCLE  CIRC.MI 
    Debuts on AIM segment.
        
    Annual general meetings: DANIELI  DANI.MI  (1200 GMT),
DIGITAL BROS  DIB.MI  (0700 GMT), SPRINTITALY  SPRT.MI  (0800
GMT), S.S. LAZIO  LAZI.MI  (1300 GMT).
    
    IPO, DOMPE FARMACEUTICI
    Family-owned Italian biopharmaceutical group Dompe
Farmaceutici is considering a listing of its shares as it looks
to focus more on its biotech business and treating specific
diseases. urn:newsml:reuters.com:*:nL8N1X475I
    
    ((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/