Italy - Factors to watch on May 27
27/05/2019 05:00
The following factors could affect Italian markets on Monday.
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
The far-right League emerged as Italy's largest party in
Sunday's European parliamentary election, overtaking its
coalition partner the 5-Star Movement, which lost a third of its
voters in a year, early results showed. urn:newsml:reuters.com:*:nL8N2320V9
DEBT
Treasury announces sale of BTP and CCTeu bonds, with
relative amounts to be auctioned on May 30.
Treasury said on Friday it would offer 6.5 billion euros in
6-month bills at auction on May 29. urn:newsml:reuters.com:*:nS8N22T03I
COMPANIES
FIAT CHRYSLER FCHA.MI FCAU.N
The Italian American carmaker and French peer Renault are
set to confirm tie-up talks on Monday, with the board of the
French carmaker called to an early morning meeting to discuss
the situation. urn:newsml:reuters.com:*:nL8N23204F.
The two car companies are in talks on a comprehensive global
tie-up that could address some of the main weaknesses of both
groups, two sources with knowledge of the discussions told
Reuters on Saturday. urn:newsml:reuters.com:*:nL5N2310GO
TELECOM ITALIA TLIT.MI , VIVENDI VIV.PA , ENEL ENEI.MI
Italy's CDP is considering selling its stake in broadband
operator Open Fiber to Telecom Italia, which would issue the
state-owned lender with shares in return for the holding, daily
Il Messaggero reported on Saturday. urn:newsml:reuters.com:*:nL8N1XH5N6.
CARIGE CRGI.MI (shares suspended from trading)
Carige's special commissioners might increase the number of
job cuts at the lender, above the 1,200 layoffs announced in
February, as they look for new private investors to help to
rescue the ailing bank, Il Corriere della Sera daily said on
Saturday.
MONTE DEI PASCHI BMPS.MI
The lender's capital and liquidity position was "absolutely
fine" but the bank had to be ready to face more challenging
conditions in the future one in the future, Chief Executive
Marco Morelli said in an interview with Milan Finanza, published
on Saturday. Morelli reiterated that the macroeconomic
environment had worsened a lot since when MPS restructuring plan
was drafted 24 months ago. "We must review some of the
assumptions we made," he said.
AUTOGRILL AGL.MI
The Italian caterer's U.S. unit HMSHost has completed the
sale of all the 23 travel centres it operated on Canadian
motorways, the company said on Sunday, adding the sale amounted
to $190 million. urn:newsml:reuters.com:*:nFWN2300PI
SARAS SRS.MI
The Italian refiner "is open" to new partnership deals with
industrial groups, as it has been the case with Russia's
Rosneft, Chief Executive Dario Scaffardi told daily Il Sole 24
Ore on Saturday. He added it would also make sense that a
prominent oil group gets a stake in Saras, but that was up to
shareholders to decide.
ALITALIA (unlisted)
Toto Holding will meet Ferrovie dello Stato Chief Executive
Battisti in Rome on Wednesday after the Italian infrastructure
company said in a letter it was willing to play a role in the
Alitalia rescue efforts led by the state railway company, daily
Il Messaggero reported on Sunday.
AS ROMA ASR.MI
AS Roma beat Parma 2-1 on Sunday to end the season in sixth
place in Serie A, missing out on a lucrative Champions League
spot as Inter Milan, Atalanta and AC Milan recorded wins to
finish above them. urn:newsml:reuters.com:*:nL8N2320UY
SNAM SRG.MI
The Italian gas group said on Friday it has issued debt on a
2030 maturity for an amount of 250 million euros through private
placement. urn:newsml:reuters.com:*:nFWN2300B2
SAES GETTERS SAEI.MI
The company successfully has closed a partial and voluntary
tender offer on its own shares, Italian Stock Exchange on
Friday. [nBIA9df3Fj
Annual general meetings: AMBIENTHESIS ATH.MI (1300 GMT),
CLASS EDITORI CLED.MI .
Trade ex-dividend: ASTM ATMI.MI of 0.302 euro per share as
final 2018 dividend (0.23 euro as interim dividend on Nov. 26,
2018); CAIRO COMMUNICATION CAI.MI of 0.14 euro per share;
CONAFI COPR.MI of 0.08 euro per share; DATALOGIC DAL.MI of
0.50 euro per share; DOBANK DOB.MI of 0.46 euro per share;
EL.EN. ELEN.MI of 0.40 euro per share; INDEL B INDB.MI of
0.69 euro per share; IRCE IRC.MI of 0.05 euro per share; MARR
MARR.MI of 0.78 euro per share, SABAF SABF.MI of 0.55 euro
per share; TECHEDGE TEDGE.MI of 0.058 euro per ordinary share;
TRIBOO TB.MI of 0.0696 euro per share.
DIARY
Milan, 'Giovanni Agnelli Associate Professorship In
Economics' at Bocconi University opens academic year with
conference on "Competition and Monopoly from Microeconomics to
Market Design", FCA FCHA.MI Chairman John Elkann delivers
opening address (1300 GMT).
Milan, RCS Academy Business School and Google holds open
day, RCS MediaGroup RCSM.MI Chairman and CEO Urbano Cairo
delivers opening address (0730 GMT).
Milan, conference on "Global CEO Survey, Focus on Italy"
with Elite CEO Luca Peyrano (1230 GMT).
Milan, "AIM Italia Conference 2019" (0630 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/