Italy - Factors to watch on Nov. 9
09/11/2018 04:00
The following factors could affect Italian markets on Friday.
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
Rome, Deputy Prime Minister and Industry and Labor Minister
Luigi Di Maio attends a conference (0800 GMT), holds news
conference at Foreign Press Association (0900 GMT) and attends
TV programme "Accordi e disaccordi" on Chanel 9 (2200 GMT).
Rome, Deputy Prime Minister and Interior Minister Matteo
Salvini attends conferences at 0915 GMT and 1000 GMT.
ECONOMY
Bank of Italy releases September data on bank lending and
domestic government bond holdings at Italy-based banks.
Rome, Economy Minister Giovanni Tria meets Eurogroup
President Mario Centeno (1115 GMT).
Rome, Economy Minister Giovanni Tria, representatives of
Bank of Italy, trade unions, insurers' association ANIA due to
speak before Chamber of Deputies Budget committees on
mini-budget (from 0900 GMT); to be continued on Monday Nov. 12.
COMPANIES
TELECOM ITALIA TLIT.MI
Telecom Italia on Thursday said it is no longer able to
confirm its net debt to core earnings target for the end of the
year, citing adverse competitive and regulatory environment at
home and the weakening of the exchange rate in Brazil.
urn:newsml:reuters.com:*:nFWN1XJ1E8
The group holds a conference call on results (1300 GMT).
LEONARDO LDOF.MI
Italy's Leonardo said on Thursday it saw sustainable growth
in the long-term after it posted a year-on-year rise in
third-quarter revenues and orders, lifted by a multi-billion
euro helicopter order from Qatar. urn:newsml:reuters.com:*:nFWN1XJ0YY
The defence group said in a presentation it expected
helicopter profitability to go back to double digits in 2020.
urn:newsml:reuters.com:*:nS8N1RT02G
UNICREDIT CRDI.MI
The bank said on Thursday its CEO would invest 1.2 mln euros
in bank's shares, debt. urn:newsml:reuters.com:*:nS8N1X5036
MARIE TECNIMONT MCTM.MI
Maire Tecnimont CEO Pierroberto Folgiero told Reuters on
Thursday the sharp fall in the share price after Q3 results was
due to "emotivity" not linked the group's fundamentals. He said
the fact that an increase in working capital could weigh on the
share price was frustrating. "To pay attention to just one
quarterly movement in a company where the life cycle is three
years would be paradoxical," he said. Maire Tecnimont shares
fell 7.75 percent on Thursday.
SALVATORE FERRAGAMO SFER.MI
Italian luxury goods maker Salvatore said its outlook for
the year remained cautious after posting a 3.3 percent drop in
nine-month sales, hit by currency swings and due to weakness in
some divisions and geographic areas. urn:newsml:reuters.com:*:nFWN1XJ0YQ
BPER BANCA EMII.MI
The bank reported a Q3 net profit of 50.2 million euros.
urn:newsml:reuters.com:*:nFWN1XJ0YL
The lender CEO Alessandro Vandelli said on Thursday he
expected to unveil a new business plan in early 2019.
urn:newsml:reuters.com:*:nFWN1XJ0WY
ATLANTIA ATL.MI
The collapse of a bridge in Genoa, which claimed 43 lives,
has cost companies in the Italian city around 422 million euros
($482 million) in damages, the Genoa Chamber of Commerce said.
The chamber's estimate was based on a survey of hundreds of
companies affected after the bridge operated by a unit of
Italy's Atlantia collapsed on Aug. 14. urn:newsml:reuters.com:*:nL8N1WS3MD
FINCANTIERI FCT.MI
The shipbuilder said on Thursday that nine-month revenue
rose to 3.88 bln euros. urn:newsml:reuters.com:*:nFWN1XJ0X2
Fincantieri holds a conference call on Q3 results: (0800
GMT).
CREDEM EMBI.MI
Italian lender Credito Emiliano said on Thursday nine-month
net profit rose to 151 mln euros. urn:newsml:reuters.com:*:nFWN1XJ0X1
FIAT CHRYSLER FCHA.MI
Brazil's President Michel Temer on Thursday signed into law
hundreds of millions of dollars in incentives for automakers
such as General Motors Co and Volkswagen to produce locally and
continue developing engines that run on both gasoline and
ethanol. The bill also renews incentives for the car industry to
have assembly plants in the poorer Northeast region of Brazil,
where Ford Motor Co and Fiat have factories. urn:newsml:reuters.com:*:nL2N1XJ175
ALITALIA CAITLA.UL
The state appointed commissioners running Alitalia will
complete their examination of the proposals received for the
sale of the company next week, a source close to the matter told
Reuters on Thursday. urn:newsml:reuters.com:*:nS8N1X5037
EQUITA EQUI.MI
The Italian broker said on Thursday its 9-month net profit
rose 33 percent year-on-year. urn:newsml:reuters.com:*:nFWN1XJ14B
ITALMOBILIARE ITMI.MI
The group said on Thursday its Q3 operating result turned to
profit of 5.4 million euros. urn:newsml:reuters.com:*:nFWN1XJ0Z3
BANCO DESIO DESI.MI
Banco Desio 9-month net profit fell to23.3 million euros.
urn:newsml:reuters.com:*:nL8N1XJ990
TERNIENERGIA TRNI.MI
Chairman and CEO Stefano Neri and Softeco Sismat CEO and
TerniEnergia adviser Laura Bizzarri present to analysts and
press some points of a qualitative nature of the 'Recovery and
Recovery Plan' in Genoa (0800 GMT).
A2A A2.MI
Inauguration ceremony for the new plastic recovery plant
with Chairman Giovanni Valotti, CEO Valerio Camerano in Cavaglia
(1100 GMT).
ALFIO BARDOLLA TRAINING GROUP ABTG.MI
'Investor Day' (1000 GMT).
CATTOLICA ASSICURAZIONI CASS.MI
Releases Q3 results (0630 GMT), followed by conference call
(0830 GMT).
GAROFALO HEALTH CARE GHC.MI
Listing ceremony (0630 GMT).
UNIPOL UNPI.MI and UNIPOLSAI US.MI
Release Q3 results (before bourse opening), followed by
conference call (1100 GMT).
Board meetings on Q3 results: TERNA TRN.MI followed by
conference call, ANIMA ANIM.MI , ATLANTIA ATL.MI , BANCA
FINNAT BFE.MI , BANCA MONTE DEI PASCHI DI SIENA BMPS.MI ,
BIALETTI INDUSTRIE BIA.MI , DOBANK DOB.MI followed by
conference call, M&C MACA.MI , POLIGRAFICA SAN FAUSTINO
PSF.MI , RCS MEDIAGROUP RCSM.MI , ZIGNAGO VETRO ZV.MI (0900
GMT).
Conference calls on Q3 results: FINCANTIERI FCT.MI (0800
GMT), TELECOM ITALIA TLIT.MI TIM (1300 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/