Italy - Factors to watch on April 22
22/04/2021 05:00
The following factors could affect Italian markets on Thursday.
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
Italy reported 364 coronavirus-related deaths on Wednesday
against 390 the day before, the health ministry said, while the
daily tally of new infections rose to 13,844 from 12,074.
urn:newsml:reuters.com:*:nS8N2LH013
ECONOMY
ISTAT releases February orders and sales data (0800 GMT).
DEBT
Treasury continues offer of third edition of 16-year 'BTP
Futura' bond; ends on April 23, subject to early closure.
Italy's new 'BTP Futura' retail bond attracted orders worth
just above 1 billion euros on Wednesday, the third day of the
offer, bringing the total for the first three days to 4.68
billion euros, bourse data showed. urn:newsml:reuters.com:*:nL1N2ME0CW
Treasury announces sale of CTZ and BTPei bonds, with
relative amounts to be auctioned on April 27.
COMPANIES
BRUNELLO CUCINELLI BCU.MI
The Italian luxury group on Wednesday posted a 7% increase
in sales at constant exchange rates for the first quarter to 165
million euros, continuing a recovery that started in the second
half of 2020.
Chairman Brunello Cucinelli told analysts on Wednesday he
saw the margin on the company's core profits at 13-14% of sales
this year and at around 17% in 2023. urn:newsml:reuters.com:*:nS8N2LH017
CREDITO VALTELLINESE PCVI.MI
Credit Agricole Italia secured majority support for a $1
billion takeover of rival bank Creval on Wednesday, after
agreeing to pay the maximum price regardless of acceptance
levels for its offer. urn:newsml:reuters.com:*:nL1N2ME0E3
Italy's bourse said on Wednesday investors had tendered
shares equivalent to 37.97% of the total targeted by the bid,
sharply up from 22.63% on Tuesday. urn:newsml:reuters.com:*:nFWN2ME169
BPER BANCA EMII.MI
Shareholders on Wednesday backed the appointment of Piero
Montani as the new chief executive of Italy's fifth-biggest bank
which is preparing to jostle for a role in the sector's
consolidation. urn:newsml:reuters.com:*:nL8N2ME52S
JUVENTUS JUVE.MI
The European Super League collapsed on Wednesday as eight of
the 12 founding members from England, Italy and Spain abandoned
the breakaway project under massive pressure from fans,
politicians, soccer officials and even the British royals.
urn:newsml:reuters.com:*:nL1N2ME0MW
Rebel soccer clubs that joined a breakaway European Super
League are facing break-up fees for ditching a binding agreement
that threatened to overturn the hierarchy of the world's most
popular sport, two sources told Reuters. urn:newsml:reuters.com:*:nL8N2ME5J7
Two goals from full back Alex Sandro helped Juventus come
from behind to beat Parma 3-1 on Wednesday and climb back into
third place in the Serie A standings. urn:newsml:reuters.com:*:nL1N2ME2UM
LEONARDO LDOF.MI
German military sensor maker Hensoldt said its largest
shareholder, buyout group KKR, was soliciting bids for a 25.1%
stake among major European defence contractors and was in
advanced discussions with companies including Italy's Leonardo.
urn:newsml:reuters.com:*:nL1N2ME1WJ
IPO
Italian high-tech company SECO said on Wednesday market
watchdog Consob has given a green light to its initial public
offering in Milan. The IPO runs from April 23 to April 30.
urn:newsml:reuters.com:*:nL8N2ME6D1
BANCA IFIS IF.MI
Annual general meeting (0730 GMT), followed by online news
conference with Vice Chairman Ernesto Fürstenberg Fassio and
newly appointed CEO Frederik Geertman (1000 GMT).
MONCLER MONC.MI
Board meeting on Q1 results followed by conference call
(1600 GMT) and holds annual general meeting (0930 GMT).
BREMBO BRBI.MI
Annual and extraordinary shareholders' meetings (0830 GMT).
DIASORIN DIAS.MI
Annual and extraordinary shareholders' meetings (1300 GMT).
SALVATORE FERRAGAMO SFER.MI
Annual and extraordinary shareholders' meetings (0700 GMT).
BANCA GENERALI BGN.MI
Annual general meeting (0730 GMT).
ACEA ACE.MI
Annual general meeting (0800 GMT).
GEOX GEO.MI
Annual general meeting (0800 GMT).
ILLIMITY BANK ILTY.MI
Annual general meeting (0800 GMT).
DIARY
Bank of Italy holds webinar on "Digital transition in
credit"; Governor Ignazio Visco delivers closing address (0700
GMT).
Intesa Sanpaolo ISP.MI holds online news conference to
present "2020 Report on the Economy and Finance of Industrial
Districts"; CEO Carlo Messina delivers closing address (0830
GMT).
Rome, Chamber of Deputies and Senate expected to approve the
2021 economic and financial document (DEF), including new
deficit and growth targets.
Stellantis' STLA.MI Fiat Professional presents new battery
electric van e-Ducato (0900 GMT)
Rome, Industry Minister Giancarlo Giorgetti holds meeting on
truckmaker Iveco with representatives from the company, trade
unions, employers' association Confindustria, regions involved
(1200 GMT).
Rome, Labour Minister Andrea Orlando speaks before the
Chamber of Deputies Labour and Social Affairs committees on the
policy lines of his ministry (1130 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/