Italy - Factors to watch on July 6

IIG SpA in Liquidazione

06/07/2018 05:00

The following factors could affect Italian markets on Friday.
    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
    ISTAT releases May retail sales (0800 GMT) and monthly
bulletin on the state of the economy in June (0900 GMT).
    Bank of Italy releases June data on Target 2 liabilities and
European Central Bank funding to Italian banks.
    
    DEBT
    Treasury announces sale of 12-month BOT bills, with relative
amounts to be auctioned on July 11.
    Italy led a broad selloff in southern European government
bonds on Thursday, after indifferent demand for a Spanish debt
auction spooked investors already worried about defiant comments
from the new Italian government on its budget plans.
 urn:newsml:reuters.com:*:nL8N1U1294
    
    COMPANIES
    FIAT CHRYSLER  FCHA.MI 
    The carmaker CEO, Sergio Marchionne, underwent an operation
to his right shoulder and is now recovering, an FCA
spokesperson, requested for details, said on Thursday. A short
recovery period is foreseen for Marchionne, he said.
    
    JUVENTUS  JUVE.MI 
    Shares in Juventus FC jumped almost 10 percent on Thursday
on the back of reports that Real Madrid striker Cristiano
Ronaldo might soon join the Italian club.  urn:newsml:reuters.com:*:nL4N1U14I3
    
    RECORDATI  RECI.MI 
    Bristol-Myers Squibb  BMY.N  has hired two banks to find a
buyer for its French over-the-counter (OTC) drugs business,
sources told Reuters. 
    The bidding field is expected to include German generics
drug firm Stada  STAGn.DE , which is held by buyout funds Bain
and Cinven, and France's Zentiva  ROSCD.BX , the sources said.
Italy's Recordati may also decide to join the fray, they said.
 urn:newsml:reuters.com:*:nL8N1U12JI    
    
    BANCO BPM  BAMI.MI 
    Cerberus senior advisor for Europe Roberto Nicastro said on
Thursday the U.S. investor is working on an offer for bad loans
and the debt recovery business that Banco BPM wants to shed.
 urn:newsml:reuters.com:*:nI6N1TT000
    
    CERVED  CERV.MI 
    The Italian data provider and debt collector is working on
potential acquisitions in the sectors where it already operates
or in similar businesses, its CEO Marco Nespolo told Reuters on
Thursday.  urn:newsml:reuters.com:*:nI6N1T902Q
    
    BANKS 
    JPMorgan Chase and Co  JPM.N  appointed Francesco Cardinali
as the senior country officer for Italy, the bank said in a memo
to its staff. Cardinali will replace Guido Nola, who will be
leaving the company, according to the memo.  urn:newsml:reuters.com:*:nL4N1U14LD
    
    A2A  A2.MI 
    CEO Valerio Camerano and national agency for technologies,
energy and environment ENEA President Federico Testa attend
conference on "Efficiency and Sustainability for Condominiums"
in Milan (1200 GMT).
    
    ZUCCHI  ZUCI.MI 
    The group said on Thursday it had signed an agreement with
trade unions valid until the end of August 2020.  urn:newsml:reuters.com:*:nFWN1U10IR
    
    BIANCAMANO  BIAN.MI 
    The company said on Thursday an Italian court approved the
debt restructuring agreement.  urn:newsml:reuters.com:*:nFWN1U10JL
    
    ESAUTOMOTION  ESAU.MI 
    Debuts on Aim segment.
    
    ITALIA INDEPENDENT GROUP  IINT.MI 
    Capital increase ends.
    
    ((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/