Italy - Factors to watch on March 12

Marr SpA

12/03/2019 05:00

MILANO, March 11 (Reuters) - 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 .
    
    POLITICS
    Italy's ruling League party gave hesitant backing on Monday
to government plans to endorse China's "Belt and Road"
initiative, saying the venture had to boost local businesses and
not threaten national security. urn:newsml:reuters.com:*:nL8N20Y50A
    
    ECONOMY
    ISTAT releases 2018 Italian regional export data (0900 GMT).
    
    DEBT
    Treasury sells 6.5 billion euros 12-month BOT bills.
Subscriptions close at 1000 GMT.
    
    COMPANIES
    
    TOD'S  TOD.MI 
    Italian luxury goods company Tod's reported on Monday a
bigger-than-expected 26 percent drop in 2018 core profit, hit by
a sharp acceleration in marketing expenses and higher costs to
strengthen its design teams. urn:newsml:reuters.com:*:nL8N20Y5P9
    Tod's CFO Emilio Macellari said on Monday like-for-like
sales growth was "probable" in the first half of this
year. urn:newsml:reuters.com:*:nL8N20Y5RH
    
    TELECOM ITALIA  TLIT.MI 
    Italy said on Monday the Memorandum of Understanding it is
drawing up with China does not include any agreement on fifth
generation, or 5G, wireless technology. urn:newsml:reuters.com:*:nS8N20M042
    France's Vivendi and activist investor Elliott sparred on
Monday over how to relaunch Italy's debt-laden Telecom Italia
(TIM), trading accusations ahead of a TIM shareholder vote on
March 29. urn:newsml:reuters.com:*:nL8N20Y5P4
        
    FIAT CHRYSLER  FCHA.MI 
    Industry-wide automobile production in Brazil rose 29.9
percent in February from January, while sales slipped 0.6
percent, the national automakers' association said on
Monday. urn:newsml:reuters.com:*:nL1N20Y0KP
    Fiat Chrysler has reached an agreement with trade unions to
renew the contract for 66,000 of its workers in Italy, the
Italian-American carmaker said on Monday. urn:newsml:reuters.com:*:nL8N20Y51N
    
    CIR  CIRX.MI , COFIDE  COFI.MI 
    The two companies controlled by the De Benedetti family have
agreed to merge to shorten the chain of command, to increase the
size of the float and cut operating costs.  urn:newsml:reuters.com:*:nS8N20M046
        
    BANCA IFIS  IF.MI 
    The bank's main shareholder La Scogliera said Luciano
Colombini was its candidate for CEO at the lender.  urn:newsml:reuters.com:*:nS8N20M045
    
    MEDIASET  MS.MI 
    Board meeting on FY results (1500 GMT) followed by
conference call (1700 GMT).
    
    SALVATORE FERRAGAMO  SFER.MI 
    Board meeting on FY results (sales results on Jan. 29)
followed by conference call (1700 GMT).
    
    GEAR 1  GEAR.MI 
    Last trading day as of Tuesday.
    
    ASCOPIAVE  ASCI.MI 
    FY results presentation.
    
    SESA  SES.MI 
    Board meeting on Q3 results.
    
    Board meetings on FY results: AEFFE  AEF.MI , followed by
conference call, BE  BET.MI , BANCA PROFILO  PRO.MI 
(preliminary results on Feb. 7), CREDITO VALTELLINESE  PCVI.MI 
(published onFeb. 6), DOBANK  DOB.MI  (published onFeb. 11),
FIERA MILANO  FIMI.MI  followed by conference call (1600 GMT),
LVENTURE GROUP  LVEN.MI , MARR  MARR.MI  followed by conference
call, PHARMANUTRA  PHNU.MI , TINEXTA  TNXT.MI .
    
    DIARY
    Rome, Prime Minister Giuseppe Conte speaks before COPASIR,
the parliamentary committee for the security of the republic
(1400 GMT).
    Rome, Deputy Prime Minister and Industry Minister Luigi Di
Maio presents project on 'incentivi.gov.it' with state lender
Cassa Depositi e Presitti CEO Fabrizio Palermo, Invitalia CEO
Domenico Arcuri.
    Milan, state lender Cassa Depositi e Prestiti starts
roadshow on social bond senior unsecured.
    Milan, Court hearing in civil lawsuit between Italian
private broadcaster Mediaset and French media group Vivendi over
pay-TV dispute.
    Milan, Economy Ministry Undersecretary Massimo Garavaglia
attends panel at "Tax Day" event (1500 GMT).
    Turin, Intesa Sanpaolo  ISP.MI  Chairman Gian Maria
Gros-Pietro attends a book presentation (1600 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/ 

 (Reporting By Viviana Venturi)
 ((viviana.venturi@thomsonreuters.com;))