Italy - Factors to watch on May 13
13/05/2021 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 262 coronavirus-related deaths on Wednesday
against 251 the day before, the health ministry said, while the
daily tally of new infections rose to 7,852 from 6,946.
urn:newsml:reuters.com:*:nS8N2MJ06C
ECONOMY
Italy will launch a new equity fund financed with an initial
3 billion euros ($3.6 billion) to help its coronavirus-hit
companies raise capital, two government officials said.
urn:newsml:reuters.com:*:nL8N2MT8MU
Bank of Italy releases March data on bank lending and
domestic government bond holdings at Italy-based banks.
DEBT
Treasury sells 2.5-3.0 billion euros zero coupon BTP bonds
due April 15, 2024; 4.0-4.5 billion euros 0.50% new BTP bonds
due July 15, 2028; 1.25-1.75 billion euros 1.70% BTP bonds due
Sept. 1, 2051. Subscriptions close at 0900 GMT.
COMPANIES
UNICRDIT CRDI.MI
Andrea Orcel stamped his mark on UniCredit within weeks of
taking the reins, axing management committees and a dual head
structure that had irked some top investors while hiring key
lieutenants to oversee strategy and relations at the Italian
bank. urn:newsml:reuters.com:*:nL8N2MZ2AD
The lender confirmed on Wednesday it was closing its Irish
bank and shifting its activities to the parent company as part
of a long-term streamlining of its business. urn:newsml:reuters.com:*:nL1N2MZ1J3
TOD'S TOD.MI
The struggling Italian fashion company could further
strengthen its ties with LVMH LVMH.PA but there are no ongoing
talks and no decision has been made, a top Tod's executive said
after the French giant increased its stake in the group.
Tod's reported a rebound in first-quarter sales, which grew
by 19% from a year earlier when stripping out currency
fluctuations and were powered by a 142% jump in China
urn:newsml:reuters.com:*:nL8N2MZ6UD
PIRELLI PIRC.MI
The Italian tyremaker said on Wednesday it was at the high
end of its full-year forecasts for revenue and profitability
after first-quarter results topped estimates, helped by stronger
sales of high-value tyres. urn:newsml:reuters.com:*:nL8N2MZ6U9
BANKS
Italy's Treasury wants to further boost tax breaks designed
to spur bank mergers and lure a buyer for troubled bank Monte
dei Paschi di Siena BMPS.MI , but the co-ruling right-wing
League party is against using tax-payers' money to facilitate
the deal, political sources said. urn:newsml:reuters.com:*:nL8N2MQ3OM
Credit rating agency Moody's said on Wednesday its outlook
for several Italian bank, including Intesa Sanpaolo ISP.MI ,
Banco BPM BAMI.MI , BPER Banca EMII.MI , Mediobanca MDBI.MI ,
Credem EMBI.MI , changed to stable from negative as the
recovery expected in Italy's economy will provide some relief to
banks'activities. urn:newsml:reuters.com:*:nFWN2MZ1G5
PRYSMIAN PRY.MI
The Italian cable maker won a 46 million euro order by the
Spanish grid operatior Red Electrica de Espana (REE) for a new
submarine power interconnection between Ibiza and Formentera,
the company said on Wednesday. urn:newsml:reuters.com:*:nBIA7BSpsQ
CAMPARI CPRI.MI
Goldman Sachs is selling 3.7 million shares in Italy's
Campari owned by several employees of the beverage group
following the exercise of their stock options, the group said om
Wednesday. urn:newsml:reuters.com:*:nL8N2MZ78Z
ATLANTIA ATL.MI
The Italian infrastructure group said that last week traffic
on the motorway network it operates in Italy jumped 114.5%
year-on-year and the number of passengers travelling to and from
its Italian airports - Rome's Fiumicino and Ciampino - rose
497.4% last week compared with the same period last year.
urn:newsml:reuters.com:*:nS8N2MJ06F
ALITALIA (unlisted)
The European Commission has approved 12.8 million euros of
Italian state aid for Alitalia to compensate the airline for
losses suffered during the coronavirus pandemic, the EU
executive said on Wednesday. urn:newsml:reuters.com:*:nL4N2MZ4DD
ACQUAZZURRA ACQ.MI debuts on AIM segment.
A2A A2.MI
Board meeting on Q1 results, followed by conference call
(1430 GMT).
ATLANTIA ATL.MI
Board meeting on Q1 results.
AZIMUT AZMT.MI
Board meeting on Q1 results.
INWIT INWT.MI
Board meeting on Q1 results, followed by conference call
(1400 GMT).
NEXI NEXII.MI
Board meeting on Q1 results, followed by conference call
(1200 GMT).
PRYSMIAN PRY.MI
Board meeting on Q1 results (0800 GMT), followed by
conference call (1400 GMT).
UNIPOL GROUP UNPI.MI
Board meeting on Q1 results.
ARNOLDO MONDADORI EDITORE MOED.MI
Board meeting on Q1 results, followed by conference call.
BANCA IFIS IF.MI
Board meeting on Q1 results, followed by conference call
(1430 GMT).
DOVALUE DOVA.MI
Board meeting on Q1 results.
ENAV ENAV.MI
Board meeting on Q1 results.
FINCANTIERI FCT.MI
Board meeting on Q1 results.
GEOX GEO.MI
Board meeting on Q1 results, followed by conference call
(1535 GMT).
IREN IREE.MI
Board meeting on Q1 results, followed by conference call
(1430 GMT).
RAI WAY RWAY.MI
Board meeting on Q1 results, followed by conference call.
UNIPOLSAI US.MI
Board meeting on Q1 results.
WEBUILD WBD.MI
Board meeting on Q1 results.
DIARY
G20 starts "2nd Education Working Group Meeting" via
videoconference; ends on May 14.
Online edition "Luxury Summit, the new paradigms of the
luxury system: digitalisation and sustainability" with Italian
National Fashion Chamber President Carlo Capasa, fashion house
Dolce & Gabbana CEO Alfonso Dolce, Tod's TOD.MI Chairman and
CEO Diego Della Valle, Salvatore Ferragamo SFER.MI CEO Micaela
Le Divelec Lemni, Brunello Cucinelli BCU.MI advisor Carolina
Cucinelli (0730 GMT).
Online news conference focus on 'Manufacturing companies in
Lombardy region and their reaction to the pandemic' (0930 GMT).
Presentation of the Memorandum of Understanding between the
Italian Commissioner's Office for EXPO 2020 Dubai and the
Italian Space Agency with Cabinet Undersecretary Bruno Tabacci,
Italian Space Agency President Giorgio Saccoccia (1300 GMT).
Financial Times ends online 'Future of the Car Summit' on
"Capitalising on the key trends driving change and growth" with
Stellantis STLA.MI CEO Carlos Tavares (1500 GMT), Pirelli
PIRC.MI CEO Marco Tronchetti Provera (1540 GMT), AutoX COO
Jewel Li, Daimler Chairman Ola Kallenius.
Rome, Constitutional Court President Giancarlo Coraggio
presents annual report, with Italian President Sergio Mattarella
and Chamber of Deputies Speaker Roberto Fico (0900 GMT).
Rome, Cabinet meeting.
Rome, European Parliament Constitutional Affairs Committee
President Antonio Tajani speaks via videoconference before
Senate and Chamber of Deputies Foreign Affairs and EU Policy
committees on the "Conference on the Future of Europe" (1200
GMT).
Rome, Senate holds 'question time' with Industry Minister
Giancarlo Giorgetti, Tourism Minister Massimo Garavaglia,
Interior Minister Luciana Lamorgese (1300 GMT).
Milan, Italian Olympic Committee CONI due to appoint top
management.
Reggio Emilia, news conference to present soccer "Coppa
Italia" final match Juventus-Atalanta with Emilia-Romagna region
Governor Stefano Bonaccini, Serie A League CEO Luigi De Siervo,
Telecom Italia TLIT.MI (TIM) CEO Luigi Gubitosi, Reggio Emilia
Mayor Luca Vecchi (0900 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/