Italy - Factors to watch on June 21
21/06/2013 07:37
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 (*). ECONOMY National statistics institute ISTAT releases May wage inflation data (0800 GMT). Treasury announces sale of BOTs, short-term bills, with relative amounts to be auctioned on June 26. STOCK MARKET Milan Stock Exchange rebalances FTSE/MIB Index; expiry date for Index Futures. COMPANIES MEDIOBANCA MDBI.MI Investment bank Mediobanca turned its back on half a century of dominance over some of Italy's biggest corporate names by agreeing to sell nearly all its strategic stakes, a move that will push it into the red this year. ID:nL5N0EX07F GENERALI GASI.MI Mediobanca said under its new plan it would reduce by 3 percent its 13.2 percent stake in the insurer. * FIAT FIA.MI Il Sole 24 Ore said a U.S. court's decision on the price the car maker will pay to buy the 41.5 percent stake in Chrysler held by Veba could take longer than expected. ATLANTIA ATL.MI , GEMINA GEMI.MI Gemina said on Thursday its board sees no need to change terms of its merger with motorway group Atlantia because of an 800 million-euro claim from Italy's environment ministry. ID:L5N0EW3E4 ERG ERG.MI Its LUKERG Renew joint venture with Lukoil LKOH.MM had agreed to buy two wind farms in Romania and Bulgaria for a total enterprise value of around 127 million euros. ID:nL5N0EX0A7 IMPREGILO IPGI.MI The boards of Impregilo and Salini are due to approve terms of their planned merger on Monday, two sources familiar with the matter said on Thursday, paving the way to create a group with 7 billion euros in sales by 2015. ID:nL5N0EW3RT MONTE PASCHI BMPS.MI Fitch has confirmed its 'BBB' rating on the bank, keeping a negative outlook. ID:nFit661246 RCS MEDIAGROUP RCSM.MI Il Sole 24 Ore said its largest investor Giuseppe Rotelli sold all its rights to subscribe to the publisher's rights issue on Thursday. EXOR EXOR.MI Last trading day of preference and savings shares. GABETTI GABI.MI The real estate company has signed a debt restructuring deal with all creditor banks as part of its 2013-2016 business plan, it said in a statement on Thursday. ID:nBIA20290 POPOLARE DELL'EMILIA ROMAGNA EMII.MI The cooperative lender is not considering any capital increase, a source at the bank said on Thursday. ID:nL5N0EW39B For more details on today's events please see the full agenda in Italian ID:nL5N0EW2IL . ((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/JUNE 21