Italy - Factors to watch on March 23

FILA Fabbrica Italiana Lapis ed Affini SpA

23/03/2021 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 .
    
    ECONOMY
    ISTAT releases January orders and sales data (0900 GMT).
    
    DEBT
    Treasury announces sale of six-month BOT bills, with
relative amounts to be auctioned on March 26.
    Italy's Treasury said on Monday it would offer a new
two-year nominal bond at auction on Thursday, when it will also
top up an inflation-linked bond due in 2030.  urn:newsml:reuters.com:*:nL8N2KO7BT
    
    CORONAVIRUS
    Italy reported 386 coronavirus-related deaths on Monday, up
from 300 the day before, the health ministry said, while the
daily tally of new infections decreased to 13,846 from 20,159.
 urn:newsml:reuters.com:*:nL8N2LK3LB
    
    COMPANIES
    
    CREVAL  PCVI.MI 
    Credit Agricole Italia  CAGR.PA  said on Monday that Italian
market regulator Consob had cleared the publication of the
investor document detailing its offer to buy rival Creval,
paving the way for the launch of the bid.  urn:newsml:reuters.com:*:nL1N2LK307
    French businessman Denis Dumont, who holds 6.15% of Creval
through his DGFD vehicle, has submitted a slate of nominees for
the renewal of the bank's board, proposing to keep current CEO
Luigi Lovaglio in place.  urn:newsml:reuters.com:*:nBIAbp8fzj
    
    ASSICURAZIONI GENERALI  GASI.MI 
    Italy's biggest insurer has submitted a bid for the Polish
assets of London-based insurer Aviva  AV.L , a source familiar
with the matter said on Monday.  urn:newsml:reuters.com:*:nS8N2JP082
    
    ATLANTIA  ATL.MI 
    Conditions imposed by the Italian government for the sale of
Autostrade to state lender CDP are "disruptive" according to
Atlantia, which said in a statement on Monday that CDP was not
obligated to buy Autostrade. Atlantia also said that it had no
other offers or expressions of interest for its motorway unit
and that the authorisation process for the unit's economic and
financial plan (PEF) is yet to start.  urn:newsml:reuters.com:*:nBIA5dsl4v
    
    (*) BPER EMII.MI
The new board, whose appointment shareholders will vote on in
April, could give a mandate to an adviser to assess M&A options,
daily MF reports on Tuesday.
    
    BANCA CARIGE  CRGI.MI 
    Carige and state-backed loan manager AMCO have finalised the
transfer of a portfolio of impaired loans from leasing contracts
included in the disposal agreed in December 2019. The sale
concerns a portfolio with a gross book value of around 70
million euros ($83.45 million), the bank said on Monday.
 urn:newsml:reuters.com:*:nBIALCnjV
    
    (*) CATTOLICA CASS.MI
Luxembourg-based unit CattRe plans to increase its premiums by
30-40 million euros in 2021 from 84 million the previous year,
CEO Nazareno Cerni told daily MF in a interview.
    
    LUVE  LUVE.MI 
    Shareholders Finami and G4 have completed the sale of a 6%
stake in the company via an accelerated bookbuilding procedure
at a price of 13.70 euros per share, raising 18.3 million euros.
 urn:newsml:reuters.com:*:nFWN2LK0J6
    
    FILA  FILA.MI 
    Italian pencils and creative tools maker FILA Fabbrica
Italiana Lapis ed Affini reported on Monday a 14% fall in
full-year core profit after school closures due to the
coronavirus, especially in India and Mexico, weighed on sales.
 urn:newsml:reuters.com:*:nL8N2LK3LC
    
    INTESA SANPAOLO  ISP.MI 
    Board meeting on FY results released on Feb. 5.
    
    DIARY
    Milan Stock Exchange starts "Virtual STAR Conference -
Spring edition"; ends on March 25.
    ISPI holds online event on "Global scenarios - Challenges
for Europe" with ISPI President and Fincantieri  FCT.MI 
Chairman Giampiero Massolo (1700 GMT).
    Online talk Fashion & Luxury on "Fashion and retail in the
digital transformation" with Dolce & Gabbana CEO Alfonso Dolce,
Giglio Group  GGTV.MI  CEO Alessandro Giglio, Kiko Cosmetics CEO
Cristina Scocchia, Brunello Cucinelli  BCU.MI  Chairman Brunello
Cucinelli (0900 GMT).
    Huawei holds online ceremony for "Huawei Cyber Security and
Transparency Center" in Rome with Huawei Global Cybersecurity
and Privacy Officer John Suffolk; Huawei Italian unit Chairman
Luigi De Vecchis delivers closing address (1000 GMT).
    Soccer National League A Series holds meeting via
videoconference on broadcasting rights (1400 GMT)
    Rome, Cattolica Assicurazioni  CASS.MI  Chairman Paolo
Bedoni and CEO Carlo Ferraresi speaks before Parliamentary
Banking Committee on recent events at the company (0845 GMT).
    Rome, liquidators of Veneto Banca speak before Parliamentary
Banking Committee on the compulsory administrative liquidation
procedure (1330 GMT)
    Rome Mayor Virginia Raggi presents "Roma Capitale and
Leonardo together for the security and control of the Castel
Fusano pine forest" with European Space Agency (ESA) Director
Elodie Viau, Italian Space Agency (ASI) President Giorgio
Saccoccia, Leonardo  LDOF.MI  CEO Alessandro Profumo (1030 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/ 


($1 = 0.8389 euros)