Italy - Factors to watch on Nov. 8
08/11/2018 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
Deputy Prime Minister and Interior Minister Matteo Salvini
receives Libyan Interior Minister Fathi Ali Bashagha (1600 GMT).
ECONOMY
Bank of Italy releases October data on Target 2 liabilities
and European Central Bank funding to Italian banks.
DEBT
Treasury announces sale of BTP bonds, with relative amounts
to be auctioned on Nov. 13.
The Treasury said on Wednesday it would sell 5.5 billion
euros in 12-month bills on Monday.
COMPANIES
ASSICURAZIONI GENERALI GASI.MI
Releases Q3 results (0630 GMT), followed by conference call
(1100 GMT).
UNICREDIT CRDI.MI
Releases Q3 results, followed by conference call (0900 GMT).
POSTE ITALIANE PST.MI
Releases Q3 results, followed by conference call (1030 GMT).
TOD'S TOD.MI
The Italian luxury group said on Wednesday nine-month sales
fell 2.2 percent as brands including its namesake one and Roger
Vivier were hit by currency fluctuations. urn:newsml:reuters.com:*:nFWN1XI0X0
The company is cautious on the market expectations for its
full-year results, which it sees as "feasible but challenging",
Chief Financial Officer Emilio Macellari told analysts in a
conference call, adding the company was counting on the last two
months of the year to lift sales. urn:newsml:reuters.com:*:nS8N1X5003
BANCO BPM BAMI.MI
Italy's third-largest lender saw its core capital improve in
the third quarter and beat third-quarter net profit forecasts on
Wednesday thanks to lower costs and an asset sale that helped
offset flat fees and falling interest income. urn:newsml:reuters.com:*:nFWN1XI11M
The bank's CEO told an analyst call it was studying the best
way to combine a bad loan sale with the rationalisation of its
consumer finance activities. urn:newsml:reuters.com:*:nFWN1XI1E1
BPER BANCA EMII.MI
Italy's sixth-largest bank said on Wednesday it had
transferred 2 billion euros in bad loans to a securitisation
vehicle at 32.5 percent of the portfolio's gross book value. The
bank's gross soured loan ratio is expected to fall to 14.4
percent once it completes the sale from 17.4 percent at the end
of June. urn:newsml:reuters.com:*:nFWN1XI121
UBI BANCA UBI.MI
Italy's fifth-largest bank was working hard to increase the
rates it charges for customer loans to offset a sharp increase
in funding rates caused by a sell-off in Italian
bonds. urn:newsml:reuters.com:*:nL8N1XI7H8
The CEO said the bank ha received around 10 offers for its
bad loan portfolio up for sale. urn:newsml:reuters.com:*:nFWN1XI0JC
MAIRE TECNIMONT MTCM.IT
The CFO of the Italian engineering group confirmed on
Wednesday 2018 guidance for revenues, EBITDA and the net
financial position.
DIGITAL BROS DIB.MI
Board meeting on Q1 results.
DIGITAL VALUE DGV.MI
Listing ceremony (0630 GMT).
Board meetings on Q3 results: AZIMUT AZMT.MI , BPER BANCA
EMII.MI followed by conference call (1700 GMT), LEONARDO
LDOF.MI followed by conference call (1700 GMT), SALVATORE
FERRAGAMO SFER.MI followed by conference call (1700 GMT),
TELECOM ITALIA TLIT.MI TIM, UNIPOL UNPI.MI and UNIPOLSAI
US.MI (press release on Nov. 9), ACEA ACE.MI , AEFFE AEF.MI
followed by conference call, AVIO AVI.MI , BANCA IFIS IF.MI
followed by conference call, BANCA INTERMOBILIARE BIM.MI ,
BANCA PROFILO PRO.MI , BANCO DI DESIO DESI.MI , BE BET.MI ,
CATTOLICA ASSICURAZIONI CASS.MI (press release on Nov. 9),
CEMENTIR CEMI.MI followed by conference call, COIMA RES
CRES.MI , CREDITO EMILIANO EMBI.MI , D'AMICO INTERNATIONAL
SHIPPING B7C.MI followed by conference call, DEA CAPITAL
DEA.MI , DE' LONGHI DLG.MI followed by conference call,
EPRICE EPRC.MI followed by conference call (1400 GMT), EQUITA
GROUP EQUI.MI , FINCANTIERI FCT.MI , HERA HRA.MI followed by
conference call (1430 GMT), ITALMOBILIARE ITMI.MI , MASSIMO
ZANETTI MZB.MI followed by conference call, RETELIT LIT.MI
followed by conference call.
((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/