Italy - Factors to watch on September 30

Mevim SpA

30/09/2014 07:52

The following factors could affect Italian markets on Tues. 
    Reuters has not verified the newspaper reports, and cannot  
vouch for their accuracy. New items are marked with (*). 
     
    POLITICS 
    Italian Prime Minister Matteo Renzi on Monday overcame 
fierce opposition from the old guard of his centre-left 
Democratic Party and got backing for plans to make it easier to 
fire workers at big companies although he offered little detail 
on his labour reform.  ID:nL6N0RU41P  
     
    ECONOMY 
    ISTAT releases August unemployment data (0800 GMT); 
September inflation data (0900 GMT); July and August producer 
price data (1000 GMT). 
    Reuters releases August asset allocation poll (1100 GMT). 
     
    COMPANIES 
    TELECOM ITALIA  TLIT.MI , TIM PARTICIPACOES  TIMP3.SA  
    Egyptian tycoon Naguib Sawiris would invest in Telecom 
Italia as long as the company kept its stake in Brazilian mobile 
operator TIM Participacoes, he said on Monday, as foreign bid 
interest picks up in the struggling operator.  ID:nL6N0RU50M  
     
    CLUB MED  CMIP.PA  
    Italian tycoon Andrea Bonomi has written to directors of his 
bid target Club Mediterranee asking for updated financial 
information, a letter seen by Reuters shows, in a sign he still 
hopes to win control of the French holiday company. 
 ID:nL6N0RU1Q3  
     
  * UTILITIES  
    Italy's energy authority on Monday approved a 5.4 percent 
rise in natural gas tariffs starting from Oct. 1 and a 1.7 
percent increase in electricity ones.        
     
  * BANKS 
    Italian banking association ABI Director General Giovanni 
Sabatini told Il Giornale the key challenge for domestic lenders 
was to boost profitability despite low interest rates and 
increasing competition, while the pan-European health check 
which draws to an end this month did not pose a major problem.  
   
  * EI TOWERS  EIT.MI  
    The broadcast towers group controlled by Mediaset  MS.MI  
said on Tuesday it targeted average annual revenue growth of 
around 3 percent over the next five years with core earnings 
hitting 136 million euros in 2018, up 30 million euros.       
     
    GENERAL 
    Informal meeting of agriculture ministers in Milan ends. 
Closing news conference at 1030 GMT. 
    Bank of Italy Governor Ignazio Visco, EU Economics 
Commissioner Olli Rehn attend conference on 'Fiscal Compact' at 
Chamber of Deputies (0645 GMT). 
    Pirelli Chairman Marco Tronchetti Provera attends news 
conference to present art exhibition (0930 GMT). 
     
    Board meetings on H1 results: ENERTRONICA  ENER.MI , GRUPPO 
GREEN POWER  GGPW.MI , IMVEST  YIV.MI , MC-LINK  MCK.MI , 
METHORIOS CAPITAL  MTHC.MI , PMS GROUP  PMSG.MI , ROSETTI MARINO 
 YRM.MI , SACOM  SACM.MI , SAFE BAG  SBG.MI , TRIBOO MEDIA 
 TCMA.MI , VALORE ITALIA  YVI.MI , VITA SOCIETA EDITORIALE 
 VITA.MI , VRWAY  VRW.MI . 
     
    ((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 30