Italy - Factors to watch on June 14
14/06/2017 08:03
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 .
COMPANIES
(*) ATLANTIA ATL.MI
The 16 billion euro bank financing to be used for the bid on
Spain's Abertis will be signed on Wednesday with the four banks
Intesa Sanpaolo, UniCredit, Credit Suisse and BNP Paribas, MF
said, adding the bid prospectus would also be filed on
Wednesday.
IPOs IPO-DOBA.MI
Italian bad loan manger doBank said on Wednesday it had
filed for a bourse listing in Milan and expected to complete the
transaction by the end of July. urn:newsml:reuters.com:*:nI6N1IS02A
UBI BANCA UBI.MI
Supervisory Board Chairman Andrea Moltrasio said he would
take into consideration a possible proposal from Italy Treasury
over Veneto banks should one materialise. urn:newsml:reuters.com:*:nI6N1IS027
POPOLARE DI VICENZA, VENETO BANCA
Italy is close to agreeing with the European Commission a
deal to rescue ailing regional banks Popolare di Vicenza and
Veneto Banca while limiting losses for investors, the country's
economy minister said on Tuesday. urn:newsml:reuters.com:*:nL8N1JA4QT
Veneto Banca's board meets on Wednesday
ASSICURAZIONI GENERALI GASI.MI
CEO Philippe Donnet told la Repubblica on Wednesday the
insurer did not plan to contribute to a state bailout of the
Veneto lenders. urn:newsml:reuters.com:*:nRSD6br2ft
BANCA CARIGE CRGI.MI
The lender appointed interim top managers on Tuesday and
pledged to answer a European Central Bank's request for
clarification on governance and capital after a spat with the
top shareholder prompted its CEO and CFO to quit. urn:newsml:reuters.com:*:nI6N1IS026
The bank will hold a board meeting on June 21 to ready the
answer it must submit to the ECB by June 23, Il Sole 24 Ore
reported, adding Carige was carrying out further assessments on
the value of its bad loans.
The paper said former UniCredit senior executive Marina
Natale was in pole position for the CEO position.
Several newspapers reported that the size of Carige's
planned capital increase could rise above the 450 million euro
envisaged at present to 600 million euros. La Repubblica said it
may even get to 800 million euros.
FIAT CHRYSLER AUTOMOBILES FCHA.MI
West Virginia University researchers found FCA vehicles with
diesel engines produced significant emissions discrepancies
between the road and the lab resembling earlier conclusions they
reached with Volkswagen, Wall Street Journal said citing a
report on the researcher's findings.
Fiat Chrysler disputed the findings, saying in a statement
it had asked research centre to discuss its methodology and data
but the centre had been unwilling to discuss the report. "...
this testing appears to have been commissioned by a plaintiffs'
law firm for purposes of litigation," Fiat said.
BANCO BPM BAMI.MI
The bank said it had approved the sale of secured bad loan
portfolio with a gross total nominal value of 693 million euro
to a special purpose vehicle of asset manager Algebris.
urn:newsml:reuters.com:*:nI6N1IS025
The bank said on Wednesday it had accepted 123.14 million
euros in a buyback of retail bonds. urn:newsml:reuters.com:*:nFWN1JB049
TELECOM ITALIA TLIT.MI
New Chairman Arnaud de Puyfontaine will meet with the head
of Italian telecoms watchdog AGCOM on Wednesday ahead of June 18
deadline for Vivendi to tell AGCOM how it plans to address its
dominant position in Italy's telecoms market, Il Sole 24 Ore
said.
AMPLIFON AMPF.MI , TAMBURI INVESTMENT PARTNERS TIP.MI :
The company said top shareholder Ampliter had sold a 2.43
percent stake at 12 euros a share, raising a total of 66 million
euros, while Tamburi had sold a 1.55 percent Amplifon stake at
the same price. As part of the deal, Tamburi will invest 50
million euros in Ampliter. urn:newsml:reuters.com:*:nFWN1JB04Q
ITALMOBILILARE ITMI.MI
Italmobiliare said a letter of intent to buy 40 percent of
the Tecnica group with an investment of 60 million euros.
urn:newsml:reuters.com:*:nL8N1JA4XF
DMAIL GROUP DMA.MI
The Italian bourse said it will not be possible to place
orders in Dmail shares on Wednesday and until further
communication without a price limit. urn:newsml:reuters.com:*:nL8N1JA4V3
FERROVIE DELLO STATO IPO-FERRO.MI
Italian roadshow in Milan.
CEO Renato Mazzoncini attends conference on new mobility in
Rome (0700 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/
Keywords: ITALY FACTORS/JUNE X