Italy - Factors to watch on June 26

I Grandi Viaggi SpA

26/06/2014 07:57

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 (*). 
     
  * POLITICS 
    Italy has earmarked 2 billion euros for infrastructure 
projects to be realised in the short-term, Transport Minister 
Maurizio Lupi told Il Sole 24 Ore, citing railway links between 
the northern cities of Brescia and Padova and between southern 
cities of Napoli and Bari.  
    On Friday the European leaders will chose only the head of 
the European Commission, while they will put back the decisions 
on other appointments to July, Il Sole 24 Ore said. 
        
    ECONOMY 
    Italy has reduced its target for this year's spending cuts 
by a third, the commissioner in charge of the government's 
spending review said on Wednesday, as Prime Minister Matteo 
Renzi seeks more budget flexibility from the European Union. 
 urn:newsml:reuters.com:*:nL6N0P64OL 
     
    DEBT 
    Treasury sells 7.5 million euros of six-month BOT bills. 
Subscriptions close at 0900 GMT.  
     
    COMPANIES 
    FINECO 
    Unicredit  CRDI.MI  online unit IPO ends. The company 
tightened its guidance to 3.7-4.0 euros, sources close to the 
offer told Reuters. 
     
  * MEDIASET  MS.MI  
    Quatar's Al Jazeera is looking at Italian broadcaster's 
digital business, Emir Ali Bin Thamer al Thani was quoted as 
saying by an Italian newswire on Wednesday.       
     
  * CNH INDUSTRIAL  CNHI.N   CNHI.MI  
    The truck and tractor maker said it had priced a private 
offering of $500 million notes due in 2019, issued at 99.426. 
 urn:newsml:reuters.com:*:nWNBB04NV4      
     
    MAIRE TECNIMONT  MTCM.MI  
    The company said in a statement it had won a set of 
contracts worth $199 million. 
     
    ATLANTIA  ATL.MI  
    Rating agency Fitch lifted to stable the outlook on Italian 
motorway group Atlantia's ATL.MI rating, citing an improvement 
of traffic at home in Italy.  urn:newsml:reuters.com:*:nL6N0P65BE 
     
  * INTESA SP  ISP.MI , UNICREDIT  CRDI.MI , MONTE PASCHI 
 BMPS.MI , POP SONDRIO  BPSI.MI , ALITALIA  CAITLA.UL  
    Italy's three biggest lenders are ready to give their green 
light to a deal on Alitalia debt, Transport Minister Maurizio 
Lupi told daily Il Sole 24 Ore. Lupi added there are still some 
details to be ironed out with smaller Popolare di Sondrio.  
     
  * VENETO BANCA 
    The lender's board said on Wednesday it had approved a 490 
million euro rights issue that would start on Thursday and end 
on June 28.   
     
    TELECOM ITALIA  TLIT.MI  
    Company's board meets in Rome, while the board of holding 
company Telco will gather in Milan on Thursday. 
     
    I GRANDI VIAGGI  IGV.MI  
    Board meeting on Q1 results. 
     
    NEUROSOFT  NRST.MI  
    Annual general meeting. 
     
    ((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 26