Italy - Factors to watch on September 16

Lifestyle SPA

16/09/2014 07:58

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 (*). 
     
    POLITICS 
    When Italy's centre-left Prime Minister Matteo Renzi took 
power in February he was expecting to benefit from a 
strengthening economic recovery. After dismal data in recent 
weeks, that assumption now looks badly wrong and on Monday the 
OECD forecast the economy would shrink for the third consecutive 
year and stagnate in 2015 as well.  ID:nL6N0RG4N5  
    On Tuesday Renzi speaks before Chamber of Deputies on 
'Millegiorni' programme (0830 GMT); at 1300 GMT in the Senate. 
    EU transport ministers hold informal council meeting in 
Milan with Italian transport minister Maurizio Lupi (12.45) 
         
    COMPANIES 
  * FINMECCANICA  SIFI.MI , ANSALDO STS  STS.MI   
    Italian defence group Finmeccanica SIFI.MI has received four 
non-binding offers for its railway units Ansaldo STS STS.MI and 
AnsaldoBreda, a spokesman said on Tuesday, confirming comments 
made by the group's CEO.  ID:nI6N0QH02I  
     
  * TELECOM ITALIA  TLIT.MI , OI  OIBR3.SA   
    The Italian telecoms group is looking at the possibility to 
tie up with Brazilian Grupo Oi  OIBR3.SA , daily Il sole 24 Ore 
reported. 
     
  * INTESA SANPAOLO  ISP.MI  
    The banks is close to signing an agreement with New 
York-based Neuberger Berman on merchant banking business, Il 
Messaggero reported.    
     
  * ITALIAN BANKS 
    The set up of a bad bank, either private or public, is 
useful to help banks clean up their balance-sheets, the head of 
the European Banking Authority Andrea Enria told daily Il Sole 
24 Ore on Tuesday. 
     
    BUZZI UNICEM  BZU.MI  
    The Italian cement maker said on Tuesday it had signed a 
deal to buy from France's Lafarge  LAFP.PA  Russia's Uralcement, 
which has an enterprise value of 104 million euros ($134.6 
million).  ID:nI6N0QH02H  
     
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI  
    CEO Fabrizio Viola holds news conference to present new 
digital bank of (0830 GMT). 
     
    IREN  IREE.MI , E.ON  EONGn.DE  
    The Italian government has recognised as strategic the LNG 
terminal that regional utility Iren and Germany's E.ON plan to 
build off the north-west coast of Italy, two sources close to 
the matter said on Monday.  ID:nI6N0QH02G  
         
    WM CAPITAL  WMC.MI  
    Holds board meeting on H1 results (1500 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/  
 
 
Keywords: ITALY FACTORS/SEPTEMBER 16