Italy - Factors to watch on May 28

Ki Holding SpA

28/05/2019 05:00

The following factors could affect Italian markets on Tuesday.
    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
    ISTAT releases April non-EU foreign trade data (0800 GMT).
    
    DEBT
    Treasury sells 2.0-2.5 billion euros CTZ bonds due June 29,
2021; 0.75-1.25 billion euros followed two BTPei bonds: 0.10%
due May 15, 2023 and 1.30% due May 15, 2028. Subscriptions close
at 0900 GMT.
    
    COMPANIES
    FIAT CHRYSLER AUTOMOBILES  FCHA.MI 
    The Italian-American car maker pitched a finely balanced
merger of equals to Renault  RENA.PA  on Monday to tackle the
costs of far-reaching technological and regulatory changes by
creating the world's third-biggest automaker.
 urn:newsml:reuters.com:*:nL8N2330HI urn:newsml:reuters.com:*:nL8N23339D
    Italy's Deputy Prime Minister Matteo Salvini said on Monday
the Rome government should take a stake in a combined
Fca-Renault group if necessary, given the importance of the car
sector for the domestic economy.  urn:newsml:reuters.com:*:nS8N22T044
    Renault board members will meet informally for work sessions
within days with a view to a decision early next week on whether
to go ahead with Fiat Chrysler merger talks, two sources with
knowledge of the matter said.  urn:newsml:reuters.com:*:nL8N2333WV
    
    UBI BANCA  UBI.MI 
    Patto dei Mille, a group of 95 investors, said it had nearly
doubled its stake in the Italian retail bank to 6.94%.
 urn:newsml:reuters.com:*:nS8N22T047
    
    IREN  IREE.MI , SNAM  SRG.MI 
    The Italian regional utility is considering selling its
49.1% stake in the country's second-biggest liquefied natural
gas terminal and has been in touch with possible buyers,
including gas infrastructure group Snam  SRG.MI , sources said.
 urn:newsml:reuters.com:*:nL8N2333OZ
    
    CEMENTIR  CEMI.MI 
    The cement manufacturer said that the board will submit the
shareholders the proposal to transfer the company's registered
office to Amsterdam. The group will continue to be listed on the
Italian Stock Exchange and the tax residence will remain in
Italy.  urn:newsml:reuters.com:*:nFWN2330BX
    
    POSTE ITALIANE  PST.MI 
    Annual general meeting (1200 GMT).
    
    KI GROUP  KI.MI 
    Board meeting on Q1 results.
    
    CLASS EDITORI  CLED.MI 
    Annual general meeting (0730 GMT).
    
    DIARY
    Rome, two-day conference on "Twenty Years since the
Liberalization of the Electricity Market" (0800 GMT); expected
attendees include Deputy Prime Minister and Industry Minister
Luigi Di Maio, Terna  TRN.MI  CEO Luigi Ferraris, Acquirente
Unico President Andrea Peruzy, Enel  ENEI.MI  Italian unit
Director Carlo Tamburi, Utilitalia and A2A  A2.MI  Chairman
Giovanni Valotti.
    Rome, Vodafone  VOD.L  Italian unit representatives due to
speak before parliamentary committee for security COPASIR (1300
GMT).
    Milan, conference on "Businesses and Finance for Sustainable
Development. Opportunities to Be Seized and Obstacles to Be
Removed" (0730 GMT). Expected attendees include Invitalia CEO
Domenico Arcuri, Unipol  UNPI.MI  CEO Carlo Cimbri, Enel
 ENEI.MI  Chairwoman Patrizia Grieco, state lender Cassa
Depositi e Prestiti CEO Fabrizio Palermo, Pirelli  PIRC.MI  CEO
Marco Tronchetti Provera UniCredit  CRDI.MI  Chairman Fabrizio
Saccomanni.
    Milan, conference on "Finally a New Season to Finance Small-
and Medium Sized Companies?" with Banca IFIS  IF.MI  CEO Luciano
Colombini, Industry Ministry and Mediocredito Italiano Director
General Stefano Firpo, Industry Deputy Minister Massimo
Garavaglia, Banca Sistema  BSTA.MI  Gianluca Garbi, Banca
Generali  BGN.MI  CEO Gianmaria Mossa, 4AIM Sicaf  4AIM.MI 
Chairman Giovanni Natali, state lender Cassa Depositi e Prestiti
CEO Fabrizio Palermo, illimity Bank  ILTY.MI  CEO Corrado
Passera (0830 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/