Italy - Factors to watch on July 25

Italmobiliare SpA

25/07/2018 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 .
    
    POLITICS
    Italy's state lender CDP says shareholders nominate Palermo
as CEO.  urn:newsml:reuters.com:*:nI6N1TT02E 
    The Italian government is opening a formal review of
ArcelorMittal's planned takeover of the Ilva steel company and
might annul the accord over alleged irregularities, Industry
Minister Luigi Di Maio said on Tuesday.  urn:newsml:reuters.com:*:nL5N1UK7D4 
    
    DEBT
    Treasury announces sale of BTP and CCTeu bonds, with
relative amounts to be auctioned on July 30.
    
    COMPANIES
    TELECOM ITALIA  TLIT.MI 
    Telecom Italia will press ahead with the sale of its stake
in broadcasting unit Persidera while considering broader
strategic options for the group's various subsidiaries.
 urn:newsml:reuters.com:*:nL5N1UK6XW
    
    FIAT CHRYSLER  FCHA.MI 
    Car maker releases H1 results, followed by conference call
with new CEO Mike Manley (1200 GMT).
           
    CREVAL  PCVI.MI 
    French banking group Credit Agricole has taken a 5 percent
stake in Italian mid-sized bank Creval as part of a life
insurance partnership and could consider raising it to 9.9
percent, the two lenders said.  urn:newsml:reuters.com:*:nFWN1UK0WX
    
    BANCA CARIGE  CRGI.MI 
    The European Central Bank has given Italian mid-sized bank
Carige a tall order by demanding it boosts its capital by the
end of the year or embark on a merger with a healthier rival.
 urn:newsml:reuters.com:*:nL5N1UJ4L5
    
    LEONARDO  LDOF.MI , CNH INDUSTRIAL  CNHI.MI 
    The Iveco-Oto Melara Consortium, 50 percent owned by
Leonardo, signed a contract worth 159 million euros with the
Italian Ministry of Defence to buy the first 10 new Centauro II
armoured vehicles. The contract value for Leonardo is about 92
million euros.  urn:newsml:reuters.com:*:nFWN1UK0YX
        
    SAIPEM  SPMI.MI 
    Eni and state lender unit CDP Equity renewed their
shareholder agreement on 25 percent of Saipem jointly held to
2022.  urn:newsml:reuters.com:*:nL5N1UK661
    Releases H1 results, followed by conference call (0630 GMT).
    
    EI TOWERS  EIT.MI 
    EI Towers H1 net profit up at 34.1 million euros.
 urn:newsml:reuters.com:*:nFWN1UK0RB 
    
    STMICROELECTRONICS  STM.MI 
    Releases H1 results, followed by conference call (0730 GMT).
        
    ITALMOBILIARE  ITMI.MI 
    Italmobiliare is to buy 40 percent stake in Iseo
Group urn:newsml:reuters.com:*:nFWN1UK0RP 
    
    MONCLER  MONC.MI 
    Board meeting on H1 results, followed by conference call.
    
    TERNA  TRN.MI 
    Board meeting on H1 results, followed by conference call.
    
    GEDI GRUPPO EDITORIALE  GEDI.MI 
    Board meeting on H1 results.
    
    SALINI IMPREGILO  SALI.MI 
    Board meeting on H1 results.
    
    SPACTIV  SPTV.MI 
    Board meeting on H1 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/