Italy - Factors to watch on February 27
27/02/2015 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 .
ECONOMY
ISTAT releases February flash CPI and HICP data (1000 GMT).
Reuters releases February asset allocation poll (1200 GMT).
DEBT
Italy sold debt at a record-low cost on Thursday and
borrowing costs across the euro zone tumbled to new troughs as
investors stocked up before the launch of the European Central
Bank's sovereign bond-buying scheme. ID:nL5N0W058V
COMPANIES
BANKS
Italy's government is under pressure from banks and their
allies in parliament to water down a landmark reform of large
cooperative banks, which the lenders fear will make them prey to
foreign rivals and speculative investors. ID:nL5N0VY46C
TELECOM ITALIA TLIT.MI
Italy's cabinet will examine a plan worth 5-6 billion euros
($5.6-6.7 billion) to speed up the roll-out of broadband
networks across the country at a meeting on March 3, two sources
close to the matter said on Thursday. ID:nI6N0VX005
FIAT CHRYSLER AUTOMOBILES FCHA.MI
Fiat Chrysler has agreed to give permanent contracts to
hundreds of new hires at its Melfi plant in southern Italy
currently on short-term agreements, a union said on Thursday, in
an early boost for Prime Minister Matteo Renzi's labour
reforms. ID:nL5N0W06HL
RAI WAY RWAY.MI , EI TOWERS EIT.MI , MEDIASET MS.MI
The board of state-controlled Italian transmission mast
company Rai Way will not meet again before March 12 to , when
directors will convene for an already scheduled meeting to
approve 2014 results, chairman Camillo Rossotto said on
Thursday. The board had met earlier on Thursday at an
extraordinary meeting to discuss an offer from rival EI Towers.
GTECH GTCH.MI
The company said on Thursday that the Nevada Gaming
Commission unanimously approved GTECH's pending acquisition of
International Game Technology (IGT), the final gaming authority
OK required to complete the transaction.
GTECH said that upon completion of its acquisition of IGT,
the combined entities will be branded as IGT and that the
holding company, Georgia Worldwide Plc, has changed its name to
International Game Technology Plc.
BANCA POPOLARE DELL'EMILIA ROMAGNA EMII.MI
The lender said on Thursday that the European Central Bank
had set a transitional Common Equity Tier 1 ratio of 9 percent
as a specific capital requirement for the cooperative
bank. ID:nI6N0VX006
BANCA POPOLARE DI MILANO PMII.MI
The European Central Bank has set a transitional Common
Equity Tier 1 ratio of 9 percent as a specific capital
requirement for the cooperative bank. ID:nI6N0VX008
VENETO BANCA
The European Central Bank had set a transitional Common
Equity Tier 1 ratio of 10 percent as a specific capital
requirement for the bank. ID:nI6N0VX007
Standard & Poor's has put the long-term 'BB-' rating of
Veneto Banca on credit watch negative, the ratings agency said
in a statement on Thursday. ID:nI6N0VX004
BANCA POPOLARE DI SONDRIO BPSI.MI
The European Central Bank had set a transitional Common
Equity Tier 1 ratio of 9 percent as a specific capital
requirement for the cooperative bank. ID:nI6N0VX003
ATLANTIA ATL.MI
Autostrade per l'Italia, the motorway operator unit of
Atlantia, said on Thursday core profit rose 6.6 percent last
year thanks to an increase in motorway traffic. ID:nI6N0VX002
FINCANTIERI FCT.MI
Board meeting on preliminary FY results; followed by
conference call (1700 GMT).
LUCISANO MEDIA GROUP LCMG.MI
Board meeting on preliminary FY results.
PIAGGIO & C. PIA.MI
Board meeting on FY results.
Danieli & C. DANI.MI
Board meeting on Q1 results.
Juventus JUVE.MI
Board meeting on Q1 results.
I GRANDI VIAGGI IGV.MI
Annual and extraordinary shareholders' meeting (0900 GMT).
CTI BIOPHARMA CTIC.MI
Extraordinary shareholders' meeting.
PARMALAT PLT.MI
Extraordinary shareholders' meeting (1330 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/FEBRUARY 27