Italy - Factors to watch on March 27

ExpertAi SpA

27/03/2017 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 . 
     
    GENERAL/POLITICS 
    Florence, EU Commissioner for Regional Policy Corina Cretu 
attends "Toscana Tech 2017"; attends round-table discussion on 
'Industry 4.0'; meets Tuscany Governor Enrico Rossi. 
    Rome, Prime Minister Paolo Gentiloni meets governors of 
Lazio, Marche, Umbria and Abruzzo regions, reconstruction 
Commissioner Vasco Errani, Civil Protection head Fabrizio Curcio 
(0900 GMT). 
    Rome, welfare institute INPS presents new portal with 
President Tito Boeri (0900 GMT) 
     
    ECONOMY 
    Rome, Bank of Italy presents "Report of the European 
Investment Bank (EIB)" with Bank of Italy Deputy Director 
General Luigi Federico Signorini, EIB Vice-President Dario 
Scannapieco (0730 GMT). 
     
    DEBT 
    Treasury announces sale of BTP and CCTeu bonds, with 
relative amounts to be auctioned on March 30. 
     
    COMPANIES 
    FINCANTIERI  FCT.MI  
    The Italian shipbuilding group said on Friday it had 74.45 
percent of Vard  VARD.SI  shares, through its unit Fincantieri 
Oil& Gas, at the end of a takeover offer, launched on November 
13.  urn:newsml:reuters.com:*:nI6N1GT02P  
     
    INTESA SANPAOLO  ISP.MI  
    Italy's biggest retail bank to hold a board meeting on 
Tuesday to discuss the sale of more than 15 billion euros of 
non-performing loans to bring the ratio of its NPLs to some 10.5 
pct of all loans from the current 14.7 pct, Il Sole 24 Ore 
reported on Sunday. 
     
    PARMALAT  PLT.MI  
    France's Lactalis said on Sunday it held 89.594 percent of 
Parmalat following a recent buyout offer, just below the 90 
percent stake it required to proceed to delist the Italian food 
company. It confirmed that it would extend the buyout offer by a 
further five working days, from March 29 to April 4. 
 urn:newsml:reuters.com:*:nI6N1GT00V 
     
    AC MILAN 
    Chinese investors set to buy AC Milan have created a new 
company structure in Luxembourg to finalise acquisition of the 
Serie A soccer club, a spokesman for the consortium said on 
Saturday.  urn:newsml:reuters.com:*:nL5N1H20HQ Il Sole 24 Ore said on Sunday U.S. 
hedgefund Elliot will help finance the operation. 
 
     
    BANCA FARMAFACTORING  IPO-BFARM.MI  
    News conference to present listing project to Milan Stock 
Exchange main segment MTA(0900 GMT). 
     
    CAIRO COMMUNICATION  CAI.MI  
    Board meeting on FY results. 
     
    EXPERT SYSTEM  EXSY.MI  
    Board meeting on FY results and industrial plan. 
     
    TISCALI  TIS.MI  
    Board meeting on FY results (1300 GMT). 
         
    VENETO BANCA  VBANC.UL   
    Rating agency DBRS cut the bank's long-term rating to B 
(high) from BB (low) on Friday, placing the rating under review 
with negative implications. 
     
    ((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/  
 
 
Keywords: ITALY FACTORS/MARCH 27