Italy - Factors to watch on June 3

FNM SpA

03/06/2019 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
    The Italian government is confident it can reach a
compromise with Brussels and avoid sanctions over its
deteriorating public finances, the economy minister said as talk
of a looming government crisis grew.  urn:newsml:reuters.com:*:nL8N2390CN
       
    DEBT
    Italy's Treasury has decided to skip the spring offering of
its "BTP Italia" bond for the first time since it started
selling this type of inflation-linked debt to small savers in
2012, a source with knowledge of the matter said.  urn:newsml:reuters.com:*:nL8N23747S
    
    ECONOMY
    IHS Markit releases May manufacturing PMI (0745 GMT).
    Transport Ministry releases May car sales data (1600 GMT).
    May state sector borrowing requirement data.
    
    COMPANIES
    FIAT CHRYSLER  FCHA.MI 
    Fiat Chrysler is discussing a Renault special dividend and
stronger job guarantees in a bid to persuade the French
government to back its proposed merger between the carmakers,
sources close to the discussions said.  urn:newsml:reuters.com:*:nL8N2390OG
    
    TELECOM ITALIA  TLIT.MI 
    The board of communications watchdog AGCOM will meet on
Monday to discuss the level of access TIM is granting to rivals
on its fixed-line infrastructure competition and the fees they
should pay, Il Messaggero said on Saturday.
    
    BANCA CARIGE  CRGI.MI 
    Il Sole 24 ore said on Saturday that private equity fund 
Apollo had expressed "concrete interest" for the bank, adding 
a bank could also play a role in the rescue of Carige as an
industrial partner.     
    
    ENEL  ENEI.MI 
    Italy's largest utility said on Friday it had closed the
sale of renewable capacity in Brazil for about 660 million
euros.  urn:newsml:reuters.com:*:nFWN2370S7
    
    MEDIOBANCA  MDBI.MI  
    The Italian financial group has appointed two executive vice
chairmen at its corporate and investment banking division, an
internal memo seen by Reuters on Friday showed.  urn:newsml:reuters.com:*:nL8N23742P
    
    CREDEM  EMBI.MI 
    Fitch confirmed on Friday the lender's long-term issuer
default rating at 'BBB' with a negative outlook, while cut its
short-term one by one notch to 'F3' from 'F2'.  urn:newsml:reuters.com:*:nFit3HPJZX
    
    ASTALDI  AST.MI 
    The troubled Italian builder has appointed Paolo Amato as
chief restructuring officer to support the company in the
ongoing turnaround.  urn:newsml:reuters.com:*:nBIA8qZ0Pf 
    
    BANCA FARMAFACTORING  BFF.MI 
    "BFF 2023" plan presentation in London (0930 GMT).
    
    CASTA DIVA GROUP  CDGI.MI 
    Board meeting (1000 GMT).
    
    NET INSURANCE  NETI.MI 
    Ordinary shareholders' meeting (1300 GMT).
    
    Trade ex-dividend: BIODUE  BIO2.MI  of 0.10 euro per share;
EMAK  EM.MI  of 0.045 euro per share; FIRST CAPITAL  FICP.MI  of
total of 0.704 euro per share of which: 0.250 euro per ordinary
share and assignment of ordinary shares in the ratio of 1 share
for every 26 owned equivalent to 0.454 euro per share; FNM
 FNMI.MI  of 0.0225 euro per ordinary share; TINEXTA  TNXT.MI 
of 0.228 euro per share.
    
    DIARY
    Milan, conference on "The Financial Crisis and Economists"
with ECB Supervisory Board President Andrea Enria (1530 GMT).
    Milan, "FTSE MIB 10-Year Anniversary" with Enel  ENEI.MI 
Chairwoman Patrizia Grieco, market regulator Consob Commissioner
Carmine Di Noia, FTSE Russell Southern Europe Managing Director
Luca Filippa (0700 GMT).
    Milan, state railways Ferrovie dello Stato (FS) Group
presents 2019 summer timetable with FS CEO Gianfranco Battisti
(1330 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/