Italy - Factors to watch on Oct. 18

Lady Bacardi Media SpA

18/10/2019 05:00

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 .
        
    DEBT
    Treasury sets minimum annual real coupon on new eight-year
inflation-linked 'BTP Italia' bond to be launched next week.
    
    COMPANIES
    TELECOM ITALIA  TLIT.MI  (TIM) 
    The company's appointment committee will meet on Friday to
evaluate candidates for the role of chairman of the Italian
phone group. Former Bank of Italy director general Salvatore
Rossi is the front-runner to succeed Fulvio Conti, who stepped
down last month, a source said.  urn:newsml:reuters.com:*:nL5N26H3RX
    
    PININFARINA  PNNI.MI 
    Italian car designer Pininfarina shares ended 6.5% higher on
Thursday after ANSA news agency reported the company struck a
deal with Chinese group Evergrande  3333.HK  for the design of a
series of electric vehicles. 
    
    UBI  UBI.MI 
    A shareholder group including some local wealthy families in
UBI's Lombardy region increased its combined stake in the 
lender to 17.8%, a statement said on Thursday, adding the
Beretta family had joined the pact with its 1% holding.
    
    A2A  A2.MI 
    Italian regional utility A2A said on Thursday it had signed
an agreement to asses a potential tie-up with local peer
Ambiente Energia Brianza (AEB).  urn:newsml:reuters.com:*:nS8N1YM048 
    
    LEONARDO  LDOF.MI , THALES  TCFP.PA 
    French company Thales, which builds satellites through
Thales Alenia Space, a joint venture with Italy's Leonardo
 LDOF.MI , cut its 2019 revenue growth forecast on Thursday due
mainly to slow sales of commercial satellites and production
delays with an Australian military vehicle project.  urn:newsml:reuters.com:*:nL5N2726J8
    
    ANIMA HOLDING  ANIM.MI 
    Italian asset manager Anima Holding said on Thursday it had
sold a 7-year senior unsecured bond for 300 million euros. The
bond was placed at 99.459 price and will pay an annual fixed
interest rate of 1.75%. The company also agreed a 5-year credit
facility worth 300 million euros. It will use both instruments
to repay outstanding debt. 
    
    IERVOLINO ENTERTAINMENT  IE.MI 
    The film production company said on Thursday it had signed a
contract with a unit of Paradox Studio to produce up to 500
episodes of a web series dubbed 'The Puffins'. The agreement
could generate revenues equal to 600.000 dollars per episode,
Iervolino said.
    
    
    IPO 
    Italy's Ferretti plans to bring on board a European private
investor after abandoning a planned stock market flotation, the
yachtmaker's chief executive said on Thursday.
    Italian professional audio equipment maker RCF has put on
hold a plan to list its shares on the Milan bourse, the company
said on Thursday, citing unfavourable market conditions.
 urn:newsml:reuters.com:*:nS8N1YM049
    Italian food group and IPO candidate Newlat is confident its
stock offering will go ahead successfully despite two share
sales by Italian groups being pulled on Thursday, its chairman
said.  urn:newsml:reuters.com:*:nS8N1IX023
    
           
    DIARY
    Rome, Industry Minister Stefano Patuanelli meets with
sector's associations and trade unions on automotive (1400 GMT).
    Capri, employers' association Confindustria starts annual
conference (1250 GMT); ends on Oct. 19. 
    Verona, 'Fondazione Nord Est' presents survey with
Cariverona banking foundation President Alessandro Mazzucco,
Fincantieri  FCT.MI  CEO Giuseppe Bono (0800 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/