Italy - Factors to watch on April 10
10/04/2019 05:00
MILAN, April 10 (Reuters) - 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 cut its growth forecasts for this year and next on
Tuesday while hiking the budget deficit and public debt,
underscoring the economic woes faced by the populist ruling
coalition urn:newsml:reuters.com:*:nL8N21R65V urn:newsml:reuters.com:*:nL8N2227GB.
ISTAT releases February industrial output (0800 GMT).
DEBT
Treasury sells 6.0 billion euros new 12-month BOT bills.
Subscriptions close at 0900 GMT.
COMPANIES
TELECOM ITALIA TLIT.MI
J.P. Morgan has raised its potential stake in Telecom Italia
to 5.696 percent as of April 2, according to market
filings urn:newsml:reuters.com:*:nS8N21J013.
The phone group said it had completed its debt refinancing
for the year after issuing 1 billion euros of a six-year bond.
The issue offers a 2.875 percent yield, well below Telecom
Italia's average cost of debt which stood at around 4.4 percent
at the end of December.
PIRELLI PIRC.MI
Russian investment firm Concern Rossium had a potential
stake in the Italian tyre-maker of 6.239 percent, according to
market filings urn:newsml:reuters.com:*:nS8N21K036.
BANCO BPM BAMI.MI
The Italian lender said on Tuesday it was considering
issuing Additional Tier 1 bonds to optimize its capital
structure urn:newsml:reuters.com:*:nFWN21R0K3.
FOPE FOPE.MI
The company said on Tuesday the Cazzola family had launched
the sale of a 5 percent stake via an accelerated bookbuilding
procedure.
SITI B&T GROUP SITI.MI
The company said on Tuesday it had won a 37 million euro
order in Pakistan to build a tile manufacturing plant that is
set to nearly triple the production capacity of leading local
player Master Tiles.
FINECOBANK FBK.MI
Annual and extraordinary shareholders' meetings (0800 GMT)
NET INSURANCE NETI.MI
Bond holders' meeting (1400 GMT)
Annual general meetings: IGD IGD.MI (0800 GMT), MASSIMO
ZANETTI MZB.MI (0900 GMT).
Board meetings on FY results: INTEK GROUP IKG.MI , MAPS
MAPS.MI , SERI INDUSTRIAL SERK.MI .
DIARY
Rome, Prime Minister Giuseppe Conte receives South Sudan
President Salva Kiir (0800 GMT).
Rome, celebration of 167th anniversary foundation of police
body with Prime Minister Giuseppe Conte (0900 GMT); Deputy Prime
Minister and Interior Minister Matteo Salvini.
Rome, Prime Minister Giuseppe Conte answers question at
Chamber of Deputies (1300 GMT).
Rome, conference "Time to Venture, Let's Start this Train"
organized by LVenture Group LVEN.MI with CEO Luigi Capello,
state lender Cassa Depositi e Prestiti CEO Fabrizio Palermo,
European Investment Fund Pier Luigi Gilibert, Compagnia di
Sanpaolo Chairman Francesco Profumo, CR Firenze Foundation
Director General Gabriele Gori (0800 GMT).
Milan, Scenari Immobiliari presents "2019 Report on the Real
Estate Market in Milan" with Mario Breglia, Risanamento RN.MI
Director General Davide Albertini Petroni, Hines Italian unit
Managing Director Mario Abbadessa, Gabetti Property Solutions
GABI.MI CEO Roberto Busso, Covivio CVO.MI CEO Alexei Dal
Pastro (0800 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/
(Reporting By Viviana Venturi)
((mailto:viviana.venturi@thomsonreuters.com;))