Italy - Factors to watch on July 9

Italmobiliare SpA

09/07/2019 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 .
    
    ECONOMY
    ISTAT releases May retail sales data (0800 GMT).
    Bank of Italy releases May data on bank lending and domestic
government bond holdings at Italy-based banks.
    
    DEBT
    Italy's Treasury said on Monday it had hired Citigroup,
Deutsche Bank, Goldman Sachs and UniCredit to top up its 2.80%
March 2067 BTP bond via syndicate.  urn:newsml:reuters.com:*:nL8N2494JQ
    Italy's Treasury said on Monday it would offer up to 5.5
billion euros in 3-year and 7-year bonds on July 11.
 urn:newsml:reuters.com:*:nS8N23Q01B
    
    COMPANIES
    UNICREDIT  CRDI.MI 
    Italy's biggest bank by assets said on Monday it would sell
its remaining 18.3% stake in online broker FinecoBank  FBK.MI 
via accelerated book building.  urn:newsml:reuters.com:*:nS8N23Q01G 
    A bookrunner said later on Monday that books were covered.
 urn:newsml:reuters.com:*:nFWN2490DA  
    
    BANCA CARIGE  CRGI.MI 
    Italy is struggling to pull together a rescue plan for the
troubled Genoa-based bank which needs to avoid a liquidation,
two sources familiar with the matter said.  urn:newsml:reuters.com:*:nL8N2493K8
    
    MEDIASET  MS.MI 
    The board of directors of the Italian broadcaster will
discuss on July 22 the request of hostile shareholder Vivendi
 VIV.PA  of a new extraordinary shareholder meeting to revoke
the resolution of a loyalty share scheme approved in April, a
source close to the situation said on Monday.  
    
    STEFANEL  STEP.MI  (shares suspended) - An Italian court
stated that the clothing group is insolvent, the company said on
Monday.  urn:newsml:reuters.com:*:nL8N249514
    
    ITALMOBILIARE  ITMI.MI 
    The holding company of entrepreneurial family Pesenti said
on Monday it had sold its 9.5% stake in the U.S. spending
management company Jaggaer to the private equity firm Cinven.
The deal values Italmobiliare's stake in Jaggaer around 100
million dollars before taxes on capital gain and other
adjustments, Italmobiliare added.
            
    GIBUS  GBUSS.MI 
    'Investor Day' (0930 GMT).
    
    DIARY
    Rome, Bank of Italy Governor Ignazio Visco gives speech at
conference in honour of Carlo Azeglio Ciampi (0800 GMT).
    Rome, Prime Minister Giuseppe Conte meets national trade
union representatives (0800 GMT).
    Rome, Prime Minister Giuseppe Conte meets Republic of
Mozambique President Filipe Nyusi (1330 GMT).
    Rome, Prime Minister Giuseppe Conte chairs discussion on
Molise Region (1600 GMT).
    Rome, Economy Minister Giovanni Tria and Deputy Economy
Minister Laura Castelli attend report presentation on
municipalities by Ca' Foscari University (0800 GMT).
    Rome, Cabinet Undersecretary Giancarlo Giorgetti attends
presentation of "ReportCalcio 2019" (0930 GMT).
    Rome, Foreign Affairs Minister Enzo Moavero Milanesi speaks
before joined Senate and Chamber of Deputies EU Policy
committees on outcomes of the extraordinary European Council
June 30-July 2 (0930 GMT).
    Rome, Eni  ENI.MI  CEO Claudio Descalzi attends meeting
'Italy-Mozambique' (0630 GMT).
    Milan, A2A  A2.MI  presents group and Milan sustainability
reports with CEO Valerio Camerano and Chairman Giovanni Valotti
(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/