Italy - Factors to watch on May 14
14/05/2019 05:00
The following factors could affect Italian markets on Tuesday.
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 .
DEBT
Treasury sells 2.25-2.75 billion euros 1.0% BTP bonds due
July 15, 2022; 2.0-2.5 billion euros 2.10% BTP bonds due July
15, 2026; 1.0-1.5 billion euros 3.85% BTP bonds due Sept. 1,
2049. Subscriptions close at 0900 GMT.
COMPANIES
PRYSMIAN PRY.MI
Italy's Prysmian said on Monday it couldn't rule out more
faults at its WesternLink project after it hiked provisions last
month due to problems on the submarine connection. urn:newsml:reuters.com:*:nL5N22P5W2
FINECOBANK FBK.MI
U.S. fund BlackRock BLK.N has a combined stake in the
Italian online broker of 7.25% as of May 8 and voting rights for
6.31%. urn:newsml:reuters.com:*:nS8N22507Q
SAIPEM SPMI.MI
One of the 14 people injured after an explosion on a
pipe-laying vessel in the Caspian Sea operated by Italian oil
service group Saipem has died, a Saipem spokeswoman said.
urn:newsml:reuters.com:*:nS8N22507S
PIRELLI PIRC.MI
The Italia tyre-maker confirmed its presence in Brazil and
would invest 120 million euros in 2019-2021. urn:newsml:reuters.com:*:nS8N22507T
BANCA CARIGE CRGI.MI
Italian banks will not step in to plug a capital shortfall
at the troubled Italian lender after U.S. fund manager BlackRock
BLK.N pulled out of a planned rescue bid, two sources said,
making a state bailout for the bank more likely. urn:newsml:reuters.com:*:nL5N22P4XI
TELECOM ITALIA TLIT.MI
Alessandro Pansa will become the new chairman of TI Sparkle
on May 15 and will be Telecom Italia's advisor on cybersecurity
and Golden Power.
EDISON EDNn.MI , ENI ENI.MI
Italy's Eni and Edison started development of gas reserves
in Sicily offshore concession. urn:newsml:reuters.com:*:nS8N22507R
ENI ENI.MI
Annual general meeting (0800 GMT) followed by news
conference with Chairwoman Emma Marcegaglia and CEO Claudio
Descalzi.
TISCALI TIS.MI
The company's board decided on Monday to appoint Tiscali
founder Renato Soru chairman and CEO.
RCS MEDIAGROUP RCSM.MI
Annual general meeting (0830 GMT).
ASCOPIAVE ASCI.MI
Ascopiave said its Q1 net profit was down at 20.6 million
euros. urn:newsml:reuters.com:*:nFWN22P0YH
Q1 results presentation.
DIGITAL BROS DIB.MI
Board meeting on Q3 results.
IPO
Italian food group Newlat is gearing up to list on the Milan
bourse later this year in a move aimed at raising around 200
million euros ($225 million) for acquisitions, Newlat's chairman
said in a phone interview on Monday. urn:newsml:reuters.com:*:nL5N22P4CR
Annual general meetings: IMMSI IMSI.MI (0900 GMT), IVS
GROUP IVS.MI (0900 GMT), MAPS MAPS.MI (0900 GMT), POWERSOFT
PWS.MI (0730 GMT).
Board meetings on Q1 results: ITALGAS IG.MI , MEDIASET
MS.MI (1400 GMT) followed by conference call (1600 GMT),
PIRELLI & C. PIRC.MI , SALVATORE FERRAGAMO SFER.MI followed
by conference call (1600 GMT), SNAM SRG.MI (press release on
May 15), ACSM-AGAM ACAG.MI , AEFFE AEF.MI followed by
conference call, AQUAFIL ECNL.MI , ASTM ATMI.MI , BANCA FINNAT
BFE.MI , BIALETTI INDUSTRIE BIA.MI , BIESSE BSS.MI (0900
GMT), CAIRO COMMUNICATION CAI.MI , CAREL INDUSTRIES CRLI.MI ,
CENTRALE DEL LATTE D'ITALIA CLII.MI , CEMBRE CEMB.MI , CONAFI
COPR.MI , DATALOGIC DAL.MI , EPRICE EPRC.MI followed by
conference call (1330 GMT), ERG ERG.MI , ESPRINET PRT.MI ,
EUROTECH E5T.MI , EXPRIVIA XPR.MI , FULLSIX FUL.MI , GIGLIO
GROUP GGTV.MI , GIMA TT GIMA.MI , GRUPPO MUTUIONLINE MOL.MI ,
IMMSI IMSI.MI , IRCE IRC.MI (1200 GMT), LA DORIA LDO.MI ,
LANDI RENZO LR.MI , LVENTURE GROUP LVEN.MI , MARR MARR.MI
followed by conference call, OPENJOBMETIS OJM.MI , PIOVAN
PVNA.MI , RAI WAY RWAY.MI followed by conference call, REPLY
REY.MI , SABAF SABF.MI followed by conference call (1300
GMT), SAES GETTERS SAEI.MI , TAMBURI INVESTMENT PARTNERS
TIP.MI , TAS GROUP TAS.MI , TECHNOGYM TGYM.MI (revenues).
DIARY
Rome, Italian Cooperative Association Confcooperative
celebrates 100-year anniversary with Italian President Sergio
Mattarella and Prime Minister Giuseppe Conte (0900 GMT).
Florence, ceremony in memory of 'Giorgio La Pira' with Prime
Minister Giuseppe Conte, Constitutional Court Emeritus President
Paolo Grossi (1400 GMT).
Rome, "Public Administration Forum 2019" starts, ends on May
16. Expected attendees include Prime Minister Giuseppe Conte,
Economy Minister Giovanni Tria, Defence Minister Elisabetta
Trenta, Public Administration Minister Giulia Bongiorno, Cabinet
Undersecretary Vito Crimi, Rome Mayor Virginia Raggi, PD party
Secretary Nicola Zingaretti, welfare institute INPS President
Pasquale Tridico (0730 GMT).
Rome, Cabinet Undersecretary Giancarlo Giorgetti attends
round-table discussion on "Re-Launch of Public Investments, a
Strategy for Italy" at "Public Administration Forum 2019" (1230
GMT).
Verona, state lender Cassa Depositi e Prestiti Group (CDP)
holds inauguration ceremony for new headquarter with President
Massimo Tononi, CEO Fabrizio Palermo, Deputy Prime Minister and
Interior Minister Matteo Salvini (0830 GMT).
Rome, builders' association ANCE holds conference on
"Unblocking Construction Sites: What Resources, What Rules" with
President Gabriele Buia, Economy Deputy Minister Laura Castelli;
Infrastructure and Transport Minister Danilo Toninelli expected
to deliver closing address (0800 GMT).
Rome, Italian banking association ABI celebrates 100-year
anniversary with issue of a stamp, news conference to present it
with President Antonio Patuelli, Director General Giovanni
Sabatini, Industry Ministry official Vito Cozzoli, Poste
Italiane PST.MI Chairwoman Maria Bianca Farina (1100 GMT).
Milan, series of meetings organised by ISPI, with Google
Italian unit Country Manager Fabio Vaccarono on "Technology"
(1600 GMT).
Milan, Made in Steel starts annual conference "Steel Human,
sustainability and innovation" (0830 GMT); ends on May 16.
Expected attendees include Fiera Milano FIMI.MI CEO Fabrizio
Curci, Lombardy Region Governor Attilio Fontanta, ArcelorMittal
MT.AS Italian unit CEO Matthieu Jehl.
Milan, Campari Group CPRI.MI Chairman Luca Garavoglia
attends a book presentation (1600 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/