Italy - Factors to watch on June 15
15/06/2015 07:32
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
Italian Prime Minister Matteo Renzi called for a change to
European asylum rules on Sunday as neighbouring states tightened
border controls, turning back African migrants and leaving
hundreds stranded at the frontier in northern Italy.
ID:nL5N0Z008U
Voters in Venice and dozens of other Italian towns went to
the polls to elect new mayors on Sunday, wrapping up a broader
round of local elections which saw gains for anti-establishment
and right-wing parties last month. ID:nL5N0Z006K
ECONOMY
ISTAT releases May final CPI and HICP data (0800 GMT).
Bank of Italy releases April data on public finance, state
borrowing and debt.
COMPANIES
MONTE DEI PASCHI BMPS.MI
The Tuscan bank's cash call was 99.59 subscribed as it
closed on Friday, raising 2.98 billion euros that will allow
Monte dei Paschi to pay back all state aid. ID:nL5N0YY3GA
Il Sole 24 Ore said on Sunday the bank will hold a board
meeting on Wednesday where possible replacements for outgoing
Chairman Alessandro Profumo could be discussed ahead of his
departure in early August. Among potential candidates are Piero
Modiano, Marcello Messori, Alessandro Tononi and Giuseppe
Lusignani, the paper said.
MEDIASET MS.MI
Its pay-TV rival Sky Italia SKYB.L is close to agreeing
the purchase of Italy's No. 8 free-to-air channel from U.S.
group Viacom VIAB.O , La Repubblica said on Saturday citing
government sources. Sky Italia did not respond to a Reuters
request for comment.
ENEL ENEI.MI
CEO Francesco Starace has confirmed Enel will meet
part-state-owned fibre optic cable company Metroweb to discuss
broadband projects, Corriere della Sera said on Saturday.
ENEL GREEN POWER EGPW.MI
The renewable energy company is in advanced talks to buy
control of Indian green energy firm Bharat Light & Power for
around $150 million, according to a report in India's Economic
Times cited on Saturday by Il Sole 24 Ore.
RCS MEDIAGROUP RCSM.MI
Adviser PWC has valued Finelco, which controls the media
group's radio stations, at 100 million euros including debt in a
move that could help the company move ahead with the planned
sale of the radio business, Il Sole 24 Ore said on Sunday.
* A2A A2.MI
Giovanni Valotti, chairman of the regional utility, told Il
Sole 24 Ore on Monday excessive fragmentation in the sector held
back investments as too-small companies were not able to
generate the cash flow needed for banks to support their
investment plans.
POPOLARE DI VICENZA, UBI BANCA UBI.MI
The unlisted cooperative bank has named former Popolare di
Milano PMII.MI Chief Commercial Officer Iacopo De Francisco as
its deputy managing director in charge of markets, it said in a
statement on Friday.
Diego Paolo Cavrioli and Alberto Piazza Spessa have also
joined the unlisted popolare from UBI Banca after former UBI MD
Francesco Iorio became the new CEO of Popolare Vicenza. Cavrioli
is the new head of finance while Piazza Spessa is in charge of
risk management.
* CTI BIOPHARMA CTIC.MI
The pharmaceutical company unveiled on Monday findings from
an investigator-sponsored Phase 2 trial in patients with either
primary acute myeloid leukemia (AML) or AML that has evolved
from myelodysplastic syndrome.
Results showed the combination of tosedostat with low dose
cytarabine/Ara-C resulted in an overall response rate of
54 percent in elderly patients with AML - with 45 percent of
patients achieving durable complete responses. ID:nBIA15070
CLASS EDITORI CLED.MI
One-for-three reverse stock split.
I GRANDI VIAGGI IGV.MI
Capital increase starts; ends on July 3.
NTV
High speed train operator NTV holds shareholders' meeting on
capital increase.
PRADA 1913.HK
Pays final dividend of 0.11 euro per share.
Trade ex-dividend: ALERION CLEANPOWER ARN.MI of 0.045 euro
per share; STMICROELECTRONICS STM.MI of 0.10 U.S. dollars per
share as quarterly dividend; TECNOINVESTIMENTI TECNO.MI of
0.047 euro per share.
((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 15