*** Italy - Factors to watch on Dec. 17

Enertronica Santerno SpA

17/12/2018 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 .
    
    POLITICS
    Milan, Deputy Prime Minister and Industry and Labor Minister
Luigi Di Maio gives speech at "StartupItalia! Open Summit 2018".
    Rome, Deputy Prime Minister and Interior Minister Matteo
Salvini chairs National Committee for Public Order and
Security(1130 GMT).
    Italy would have to hold new elections if the ruling
coalition falls, Italy's Cabinet Undersecretary Giancarlo
Giorgetti was quoted as saying on Friday. urn:newsml:reuters.com:*:nL8N1YJ5IF
    
    ECONOMY
    ISTAT releases October foreign trade data (0900 GMT).
    Rome, Senate Budget Committee starts mini-budget
examination.
    
    COMPANIES
    Bourse After Hours market closed.
    
    TELECOM ITALIA  TLIT.MI 
    French media giant Vivendi called on Friday for the
replacement of five of Telecom Italia's (TIM) board members put
forward by U.S. activist fund Elliott, citing a "substantial
lack of independence". urn:newsml:reuters.com:*:nL8N1YJ5PL
    On Sunday, La Stampa newspaper reported that Vivendi was
pushing for a board meeting on the issue before Christmas, but
TIM is seeking to push discussion back to Jan. 17.
    
    MEDIASET  MS.MI 
    Top shareholder Fininvest has bought an additional 0.9
percent of the broadcaster in November, Reuters calculations
showed, based on a regulatory filing. 
    
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI , BANCO BPM
 BAMI.MI , UBI BANCA  UBI.MI 
    DBRS upgraded UBI Banca's and Banco BPM's deposit ratings
and Monte dei Paschi's long-term deposit rating. 
    
    ENI  ENI.MI 
    Qatar Petroleum (QP) signed on Sunday an agreement with ENI
to buy a stake in three offshore oilfields in Mexico. Under the
deal, QP will acquire a 35 percent stake in the Mexican
oilfields, where production is expected to start by mid-2019 and
ramp up to 90,000 barrels per day by 2021, QP CEO Saad al-Kaabi
said at a news conference in Doha.  urn:newsml:reuters.com:*:nC6N1V300S
    
    SALINI IMPREGILO  SALI.MI , ASTALDI  AST.MI 
    Astaldi has applied for a 60-day extension to present rescue
plan and said Salini Impregilo and IHI Corporation had presented
non-binding offers, confirming an earlier source-based Reuters
report. urn:newsml:reuters.com:*:nFWN1YJ0FU 
    The company's chief executive officer, Pietro Salini,
confirmed to la Repubblica newspaper in an interview on Sunday
that Salini has made a "first proposal" to purchase Italy's
troubled builder Astaldi.
    Salini, Italy's biggest construction company, is seeking the
support of "bankers and institutions" to rescue Astaldi, and is
preparing to make a "more articulated" offer, Salini said.
    Salini also said a recent decision by an arbitration
tribunal regarding a dispute with the Panama Canal Authority
that will cost the company hundreds of millions of euros was
"not a new cost and not unforeseen". urn:newsml:reuters.com:*:nL1N1YI046    
    
    GENERALI  GASI.MI 
    Europe's biggest insurers successfully withstood the latest
tests of their ability to cope with severe market shocks, the
European Union's insurance watchdog said on Friday. urn:newsml:reuters.com:*:nL8N1YJ5KX
    
    STEFANEL  STEP.MI , OVS  OVS.MI 
    Italian clothing groups Stefanel and OVS face an urgent
quest to convince investors that they can overhaul their
business models after trading disappointments. urn:newsml:reuters.com:*:nL8N1YJ36R
    
    INTESA SANPAOLO  ISP.MI 
    CEO Carlo Messina attends news conference to present details
of project against youth poverty "Quanto Basta" in Milan (1000
GMT).
    
    BANCA INTERMOBILIARE  BIM.MI 
    Ends capital increase.
    
    CHL  CHL.MI 
    Ends capital increase.
    
    FILA  FILA.MI 
    Ends capital increase (started on Dec. 3).
    
    SAFILO  SFLG.MI 
    Ends capital increase.
    
    Extraordinary shareholders' meetings: CONAFI PRESTITO
 COPR.MI  (0930 GMT), ENERTRONICA  ENER.MI  (0930 GMT).
    
    Trade ex-dividend: STMICROELECTRONICS  STM.MI  of 0.06 U.S.
dollar per share (as quarterly dividend); BENI STABILI  BNSI.MI 
of 0.021369 per share as interim 2018 dividend; PLC  PLC.MI  of
0.0833 euro per ordinary share as special dividend.
    
    ((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/