Italy - Factors to watch on Nov. 30

Italmobiliare SpA

30/11/2017 05:00

The following factors could affect Italian markets on Thursday. 
    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 will back Portuguese Finance Minister Mario Centeno to 
be the next chairman of euro zone finance ministers, a 
government source said on Wednesday. urn:newsml:reuters.com:*:nL8N1NZ6XG 
    Naples, end of two-day conference with EU Commissioner for 
Environment, Maritime Affairs and Fisheries Karmenu Vella. 
    Rome, "Forum Rome MED 2017 - Mediterranean Dialogues" 
starts, ends on Dec. 2. Expected attendees include Eni  ENI.MI  
CEO Claudio Descalzi, Leonardo  LDOF.MI  CEO Alessandro Profumo, 
Lebanon President Michel Aoun (1300 GMT). 
     
    ECONOMY 
    ISTAT releases October unemployment rate (0900 GMT); 
November flash CPI and HICP data (1000 GMT); October producer 
prices data (1100 GMT). 
    Reuters releases November asset allocation poll (1200 GMT). 
    Milan, Cattolica University holds '2017 Finest Winter 
Workshop' on "Contemporary issues in Banking and Finance" with 
Credito Valtellinese  PCVI.MI  General Manager Mauro Selvetti, 
European Banking Authority (EBA) President Andrea Enria (0800 
GMT). 
    Rome, new conference on "Digital Transformation into the 
Retail Payment System" with Bank of Italy Governor Ignazio Visco 
(0800 GMT). 
    Rome, Economy Minister Pier Carlo Padoan attends seminar on 
local government budgets (0830 GMT).  
    Rome, market regulator Consob President Giuseppe Vegas 
speaks before Chamber of Deputies Finance Committee (1300 GMT). 
     
    COMPANIES 
     
    BANKS 
    The European Central Bank is likely to delay two proposals 
designed to tackle the euro zone's problem with bad loans after 
intense pushback from European and Italian lawmakers, three 
sources close to the matter told Reuters. urn:newsml:reuters.com:*:nL8N1NZ5R5 
     
    CREDITO VALTELLINESE  PCVI.MI  
    The bank said Citigroup had joined the guarantee consortium 
for its upcoming cash call. urn:newsml:reuters.com:*:nI6N1NR005  
     
    CREDITO EMILIANO  EMBI.MI  
    Moody's downgraded the lender's long-term deposit ratings, 
saying the move "reflects Credem's reduced stock of bail-in-able 
debt, which results in higher loss-given-failure for the bank's 
junior deposits". The ratings agency affirmed Credem's 
standalone BCA rating, citing its "sound credit 
profile". urn:newsml:reuters.com:*:nMDY7qYggH  
     
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI  
    The Italian Treasury's stake in the lender stood at 68.247 
percent as of Nov. 24 after the bond conversion, a regulatory 
filing showed.  
     
    PIRELLI  PIRC.MI , BANCA MEDIOLANUM  BMED.MI  
    Italy's Pirelli will be included in the FTSE MIB blue-chip 
index from Monday, Dec. 18, replacing Banca Mediolanum, FTSE 
Russell said in a statement. urn:newsml:reuters.com:*:nL8N1NZ6VV  
     
    FIAT CHRYSLER AUTOMOBILES  FCHA.MI  
    Alfa Romeo are returning to Formula One for the first time 
in 30 years with the century-old Italian marque partnering the 
Swiss-based Sauber team as title sponsors. urn:newsml:reuters.com:*:nL8N1NZ32O 
     
    ITALMOBILIARE  ITMI.MI  
    Italmobiliare has signed an agreement with Accel-KKR to 
combine unit BravoSolution with Jaggaer to create a strong group 
in the eprocurement sector. Italmobiliare will hold a stake of 
9.5 percent in the combined entity. urn:newsml:reuters.com:*:nFWN1NZ0QH 
     
    EXPERT SYSTEM  EXSY.MI  
    Capital increase ends. 
     
    GIGLIO GROUP  GGTV.MI  
    Board meeting on Q3 results. 
     
    MONDO TV  MTV.MI  
    Board meeting to approve new business plan. 
     
    MITTEL  MTTI.MI  
    The company said 12-month net profit to end-September stood 
at 31.5 million euros compared with a loss of 4.5 million euros 
a year ago. urn:newsml:reuters.com:*:nFWN1NZ0V0  
     
    ((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. 30