Italy - Factors to watch on July 10
10/07/2017 05:00
The following factors could affect Italian markets on Monday.
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
OECD releases May composite leading indicator (1000 GMT).
Former Italian Prime Minister Matteo Renzi said he would ask
the European Union for less stringent deficit requirements for
five years in exchange for a commitment to improve the country's
debt pile if re-elected. urn:newsml:reuters.com:*:nL8N1K005E
DEBT
Treasury announces sale of BTP bonds, with relative amounts
to be auctioned on July 13.
Treasury said on Friday it would offer 6.75 billion euros
($7.69 billion) of 12-month BOT bills at an auction on July
12. urn:newsml:reuters.com:*:nI6N1JJ01M
COMPANIES
TELECOM ITALIA TLIT.MI , ENEL ENEI.MI , VIVENDI VIV.PA
Telecom Italia's top shareholder Vivendi has asked the
Italian firm's CEO to ease up in a row with Rome that threatens
a breakdown in relations between the former state monopoly and
government over the rollout of ultrafast broadband, sources
close to the matter said. urn:newsml:reuters.com:*:nL8N1JX5JH
TELECOM ITALIA TLIT.MI
Telecom Italia (TI) has already received an expression of
interest from a group for its majority stake in Persidera, the
broadcasting services company its main shareholder Vivendi has
pledged to sell to the EU, la Repubblica reported on Saturday,
citing financial sources close to TI.
ITALIAN BANKS
There are no more risks linked to the Italian banking system
after the liquidation of two Veneto-based lenders and the
restructuring plan of troubled Banca Monte dei Paschi di Siena
BMPS.MI , Unicredit CRDI.MI CEO Jean Pierre Mustier was
quoted as saying during a prize-giving ceremony in London by
several papers on Saturday.
The family of Gianni Zonin, former chairman of Veneto-based
bank Popolare di Vicenza BPVS.MI , has lost 24 million euros in
the lender, recently liquidated by the Italian state, his son
Francesco told La Stampa on Saturday.
CARIGE CRGI.MI
The next board meeting of the Genoa-based lender, scheduled
on Tuesday, is expected to appoint a new board member, close to
the bank's second largest shareholder Gabriele Volpi, both Il
Sole 24 Ore and la Repubblica reported on Sunday.
ANIMA HOLDING ANIM.MI , BANCO BPM BAMI.MI , POSTE ITALIANE
PST.IT
Anima is expected to start the acquisition of Banco BPM's
Aletti Gestielle in a cash operation worth over 500 million
euros, in the first step of a consolidation process which would
create the country's third biggest asset manager, Il Sole 24 Ore
reported on Sunday, without citing sources. It added that Anima
could also buy Poste's BancoPosta Fondi, doubling the value of
its managed assets to just under 170 billion euros.
Banco BPM is expected to decide by August 8 whether it will
sell Aletti Gestielle or its 14.7 percent stake in Anima, la
Repubblica reported on Sunday. The sale of Aletti, worth about
600-650 million euros, would boost the lender's cash position,
it added.
A2A A2.MI
The utility group has received non-binding offers for its
41.7 percent stake in Montenegro's EPCG, on which it will
exercise a put option, from U.S. fund ContourGlobal and Finnish
energy group Fortum FORTUM.HE , Il Sole 24 Ore reported on
Saturday.
IL SOLE 24 ORE S24.MI
The publisher signed an agreement with unions on Friday for
the lay-off of 236 employees. urn:newsml:reuters.com:*:nL8N1JY4XF
JUVENTUS JUVE.MI
The club said on Friday it finalised an agreement with
Valencia Club de Futbol for the sale of player Murara Neto
Norberto for 6 million euros, for four seasons. The group added
the effect is positive for about 4.7 million euros.
AS ROMA ASR.MI
The club said on Sunday it had sold player Antonio Rüdiger
to Chelsea F.C., for 35 million euros plus an extra of up to 4
million euros, linked to the player's performance.
Trade ex-dividend: CLABO CLAB.MI of 0.03375 euro per
share; IVS GROUP IVS.MI of 0.24 euro per share.
((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/JULY 10