Italy - Factors to watch on Jan. 29

IIG SpA in Liquidazione

29/01/2020 05:00

The following factors could affect Italian markets on Wednesday.
    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
    Italy's Economy Minister Roberto Gualtieri said on Tuesday
that the government's deficit target for this year would be
"very easily reachable".  urn:newsml:reuters.com:*:nR1N28F00I
    ISTAT releases January consumer and business confidence data
(0900 GMT) and December producer prices data (1000 GMT).
    
    DEBT
    Treasury sells 6.5 billion euros of new 6-month BOT bills.
Subscriptions close at 1000 GMT.
    
    COMPANIES
    BANCA MEDIOLANUM  BMED.MI , MEDIOBANCA  MDBI.MI 
    Italian asset manager Banca Mediolanum said on Tuesday its
3.3% stake in Mediobanca was no longer strategic, given the
uncertainty over the bank's future governance after billionaire
Leonardo Del Vecchio became its top investor.  urn:newsml:reuters.com:*:nL8N29X6JD   
    
    ATLANTIA  ATL.MI 
    Shares at Italy's infrastructure group gained more than 6%
on Tuesday as comments from a minister rekindled hopes that the
infrastructure group could reach a compromise with the
government over its lucrative motorway concession. urn:newsml:reuters.com:*:nL8N29X5FE
    
    FERRAGAMO  SFER.MI 
    The Italian luxury group met its guidance for the year with
a slight increase in 2019 revenues, despite protests in Hong
Kong that weighed heavily on fourth-quarter sales in the region.
 urn:newsml:reuters.com:*:nL8N29X5MJ
    
    LEONARDO  LDOF.MI 
    Italian aerospace and defence group has signed a deal to buy
Switzerland's Kopter Group from Lynwood AG for $185 million,
plus additional payments linked to targets, the company said on
Tuesday.  urn:newsml:reuters.com:*:nL8N29X64M
        
    TELECOM ITALIA (TIM)  TLIT.MI  (TIM)
    Italy's biggest phone group holds a board meeting on
Wednesday, which is expected to hold a preliminary discussion on
full-year results and plans for 2020 by Chief Executive Luigi
Gubitosi.
    
    DE LONGHI  DLG.MI 
    The company posted a preliminary 2.4% year-on-year increase
in fourth quarter revenue and said it forecast a "mid
single-digit" growth for 2020 revenues.  urn:newsml:reuters.com:*:nFWN29X0GD
    
    SAFILO  SFLG.MI 
    Board meeting on Q4 and FY preliminary results (sales).
    
    DIARY
    Rome, International Monetary Fund presents "Annual Review of
the Italian Economy" (0700 GMT).
    Rome, Senate Speaker Maria Elisabetta Alberti Casellati
meets Austria's  President of Parliament Wolfgang Sobotka (1000
GMT); followed by news conference (1115 GMT).
    Rome, ENEA Chairman Federico Testa and Eni  ENI.MI  CEO
Claudio Descalzi sign strategic agreement for sustainable
energy, with Cabinet Undersecretary Riccardo Fraccaro, Industry
Minister Stefano Patuanelli (1000 GMT).
    Milan, Reuters Breakingviews holds Predictions Milan 2020
"Rebuilding Italy, Rebuilding Europe: A Breakingviews debate"
with Bank of Italy Deputy Governor Alessandra Perrazzelli,
Mediobanca  MDBI.MI  CEO Alberto Nagel, Banco BPM  BAMI.MI  CEO
Giuseppe Castagna (1700 GMT), Algebris CEO Davide Serra,
BlackRock  BLK.N  Managing Director Giovanni Sandri, 
    Rome, Poste Italiane  PST.MI  holds conference on "Business
and Human Rights: the role of companies for sustainable
development" with CEO Matteo Del Fante (1400 GMT).
    Milan, Nestle  NESN.S  Italian unit newly-appointed Chairman
and CEO Marco Travaglia holds news conference to present
research on the socio-economic impact of the company in Italy
and new targets (1030 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/