Italy - Factors to watch on Aug. 25

IIG SpA in Liquidazione

25/08/2016 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 . 
     
    ECONOMY 
    A powerful earthquake devastated a string of mountain towns 
in central Italy on Wednesday, trapping residents under rubble, 
killing at least 73 people and leaving thousands homeless. 
 urn:newsml:reuters.com:*:nL1N1B502J 
     
    DEBT 
    Italy said on Wednesday it would offer 6 billion euros in 
six-month bills at auction on Monday.  urn:newsml:reuters.com:*:nI6N1AK00T 
    Treasury announces sale of BTP and CCTeu bonds, with 
relative amounts to be auctioned on Aug. 30. 
     
    COMPANIES 
    UNICREDIT  CRDI.MI   
    Shares in the Italian bank gained 8 percent on Wednesday, 
adding to a 6.6 percent rise the previous day, on speculation of 
a possible sale of Poland's Pekao  PEO.WA  after sources said 
the head of insurer PZU was flying to Milan to discuss a deal. 
    UniCredit said late on Friday it was freezing for 12 months 
loan repayments due from families and companies in the area hit 
by the earthquake, adding it had set aside 250 million euros for 
new loans that would carry favourable terms. 
     
    TELECOM ITALIA  TLIT.MI  
    French telecoms operator Orange  ORAN.PA  denied on 
Wednesday having reached a deal with Vivendi  VIV.PA  that would 
include taking stakes in the media giant's pay-TV Canal Plus and 
in Telecom Italia, following an online report by French magazine 
Challenges.  urn:newsml:reuters.com:*:nL8N1B54MM 
     
    ITALIA INDEPENDENT  IINT.MI  
    The eyewear group posted an operating loss of 4.4 million 
euros for the first half, saying tougher competition in a market 
where consumers were paying closer attention to prices had led 
to a slowdown in sales while costs rose.  urn:newsml:reuters.com:*:nFWN1B50GX 
    Italian Independent said its board would set on Sept. 9 the 
terms of a capital increase it expected to carry out by the end 
of the year.  urn:newsml:reuters.com:*:nFWN1B50D6 
            
    BRUNELLO CUCINELLI  BCU.MI  
    The luxury goods group publishes first-half results after 
reporting in July a 10 percent rise in revenues for the period. 
     
    Bourse After Hours market closed 
             
    ((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/AUG. 25