Italy - Factors to watch on Nov. 13
13/11/2017 05:00
The following factors could affect Italian markets on Monday.
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 4.5-6.0 billion euros over three bonds due in
2020, 2024 and 2033 at auction.
Offer of new 'BTP Italia' retail-linker due November 2023
starts for to small investors. Ends on Nov. 15 barring early
closure.
POLITICS
The outcome of local elections in Sicily has further
weakened the ruling party of former Prime Minister Matteo Renzi
and strengthened the populist 5-Star Movement's lead, a poll
conducted after the regional vote showed. urn:newsml:reuters.com:*:nL8N1NH0K6
COMPANIES
BANKS
The European Central Bank can impose capital requirements on
banks to provide for bad loans only on a case-by-case basis, the
European Commission said in a document published on Friday, a
clarification that could weaken the ECB plan. urn:newsml:reuters.com:*:nL8N1NG640
TELECOM ITALIA TLIT.MI
The phone group's new boss poured cold water on Friday on
speculation of a potential sale of the phone group's Brazilian
business, as investors await his strategic plan due in February
next year. urn:newsml:reuters.com:*:nL8N1NG2LA
Italy's justice ministry has raised objections over the way
the industry ministry was planning to amend the law on the
government's special power over strategic companies in order to
cut or drop a fine against Telecom Italia, Il Sole 24 Ore
reported on Saturday, adding the industry ministry was now
trying to reformulate the amendments.
The paper also said Italy's telecoms authority will refrain
from recommending a spin-off of Telecom Italia's fixed-line
network in a report ready to be sent to Industry Minister Carlo
Calenda but will illustrate remedies enforceable to ensure the
network's neutrality.
Rolling Enel's broadband infrastructure network into that of
Telecom Italia would make sense, Fastweb CEO Alberto Calcagno
told Il Sole 24 Ore on Sunday. But he said Fastweb would
continue with its own broadband network, whose roll-out is being
done in partnership with TIM, while remaining a client of TIM or
Open Fiber in the so-called non-economically viable areas.
Calcagno ruled out any idea of a sale of Fastweb by parent
Swisscom SCMN.S .
LEONARDO LDOF.MI
Leonardo could be part of an Italian-French defence and
security consortium led by France's Thales, La Republica said on
Sunday, adding the idea had been spoken of. Such a consortium
would follow the one between Finacntieri and STX.
Leonardo said on Sunday it had signed a contract with the UK
Ministry of Defence, to provide equipment that will simulate
radar threats to the RAF's new A400M transport aircraft prior to
take-off.
Milestone Aviation Group, global leader in helicopter
leasing, and Leonardo announced on Sundays that Falcon Aviation
of Abu Dhabi would expand its AgustaWestland AW169 helicopter
fleet with the addition of a further three aircraft.
UNIPOL UGF.MI US.MI , BANCA CARIGE CRGI.MI
CEO Carlo Cimbri told an analyst call on Friday the insurer
is "rooting with great enthusiasm" for the bank to successfully
complete its new share issue. Unipol has taken up a bond
conversion offer by Carige and holds 50 million euros of the
bank's senior debt.
MEDIASET MS.MI
The directors of the Italian broadcaster proposed on Friday
a change in the size of its board and the way its members are
appointed, in a move that could restrict French shareholder
Vivendi's VIV.PA influence. urn:newsml:reuters.com:*:nL8N1NG6S0
BPER BANCA EMII.MI
CEO Alessandro Vandelli told Class CNBC in an interview the
bank was focused on lowering its problematic loans and would
consider potential mergers only at a later stage, Milano Finanza
reported on Saturday.
AZIMUT HOLDING AZMT.MI
CEO Pietro told Milano Finanza the dividend of 1 euro a
share paid out last year should be consider "a floor without
ruling anything out."
IL SOLE 24 ORE S24.MI
The group posted a 9-month net loss of 20.4 million euros,
up from a loss of 35.1 million euros a year ago. urn:newsml:reuters.com:*:nFWN1NG1OP
BONIFICHE FERRARESI BFFI.MI
Share are suspended from negotiation ahead of de-listing on
Nov. 14.
EXPERT SYSTEM EXSY.MI
Capital increase starts; ends on Nov. 30.
GRUPPO WASTE ITALIA WIGG.MI
Meeting of the holders of the 2019 Senior Secured Notes
(0930 GMT).
UNIEURO UNIR.MI
Presents new partnership with LG LG.V , with CEO Giancarlo
Nicosanti Monterastelli (1000 GMT).
A2A A2.MI
Board meeting on Q3 results, followed by conference call
(1530 GMT).
ENAV ENAV.MI
Board meeting on Q3 results, followed by conference call.
IMMSI IMSI.MI
Board meeting on Q3 results.
IREN IREE.MI
Board meeting on Q3 results.
PININFARINA PNNI.MI
Board meeting on Q3 results.
((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/NOV. 13