Italy - Factors to watch on May 17

Neodecortech SpA

17/05/2018 05:00

The following factors could affect Italian markets on Thursday.
    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 two anti-system parties on Wednesday appeared on the
verge of clinching a deal to form a coalition government after
10 weeks of stalemate, rattling markets with radical ideas to
free up billions of euros for tax cuts and welfare. urn:newsml:reuters.com:*:nL5N1SN3J9
    
    ECONOMY
    ISTAT releases March foreign trade data (0800 GMT).
    
    DEBT
    Treasury offers new 8-year 'BTP Italia' bond to
institutional investors (morning only).
    Italy sold 4.057 billion euros ($4.78 billion) of a new 'BTP
Italia' inflation-linked bond over three days to retail
investors, as small buyers hunting for higher returns shrugged
off political uncertainty. urn:newsml:reuters.com:*:nI6N1S301C
    Polish debt collector KRUK  KRU.WA  targets increasing bad
loans under management at its recently acquired debt recovery
company in Italy, Agecredit, by nearly eight times to 3 billion
euros ($3.5 billion) by 2021. urn:newsml:reuters.com:*:nL5N1SN5LD
        
    COMPANIES
    
    RECORDATI  RECI.MI  
    Buyout fund CVC Capital Partners held talks with Italian
drugmaker Recordati over a possible 8 billion euro ($9.4
billion) takeover, but has put the deal on hold due to concerns
about the hefty price tag and political uncertainty, three
sources familiar with the matter said. urn:newsml:reuters.com:*:nL5N1SM95I
    
    TELECOM ITALIA  TLIT.MI  (TIM)
    TIM on Wednesday reported a bigger-than-expected drop in
first-quarter earnings, hit by provisions made for fines Italy
imposed on the phone group as part of the so-called golden power
decree which the group is appealing. urn:newsml:reuters.com:*:nFWN1SN0Y2
    Conference call on Q1 results (1200 GMT).
    In a separate statement, TIM said Vivendi was no longer a
party exercising control and coordination over the
company. urn:newsml:reuters.com:*:nFWN1SN0XZ
    
    A2A  A2.MI , ACSM-AGAM  ACAG.MI 
    A six-way merger of local Italian utilities got its final go
ahead on Wednesday in a deal that will involve A2A launching a
takeover bid on smaller peer ACSM-AGAM. urn:newsml:reuters.com:*:nI6N1S301K
    
    UNICREDIT  CRDI.MI 
    Director General Gianni Franco Papa attends opening ceremony
of 'Flagship Subito Casa' in Rome (1345 GMT).
    
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI 
    CEO Marco Morelli attends "Officina Mps" event in Milan
(1400 GMT).
    
    IMA  IMAI.MI 
    Chairman and CEO Alberto Vacchi attends "2018 Global Trade
and Innovation Policy Alliance Summit" in Milan (0800 GMT).
    
    PANARIAGROUP  PAGR.MI 
    The company reported a first-quarter net loss of 0.3 million
euros. urn:newsml:reuters.com:*:nFWN1SN0X9
    
    NEODECORTECH  NDT.MI 
    The company has appointed Alberto Francois as chairman after
Gianluca Valentini resigned for personal reasons. urn:newsml:reuters.com:*:nFWN1SN0X7
    
    YNAP  YNAP.MI  
    Luxury goods group Richemont  CFR.S  has launched a new
watch brand, Baume, offering trendy time pieces priced in the
hundreds rather than the thousands of dollars to lure young
people away from their smartphones for reading the
time. urn:newsml:reuters.com:*:nL5N1SN5QB
    
    Board meetings on Q1 results: EQUITA GROUP  EQUI.MI ,
PARMALAT  PLT.MI , SAFE BAG  SBG.MI  (sales).
    
    ((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/