Italy - Factors to watch on Aug. 4

Nusco

04/08/2021 05:00

The following factors could affect Italian markets on Wednesday.
    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 .
    
    GENERAL
    Italy reported 27 coronavirus-related deaths on Tuesday
against 23 the day before, the health ministry said, while the
daily tally of new infections rose to 4,845 from 3,190.
 urn:newsml:reuters.com:*:nS8N2OR01D
    
    ECONOMY
    IHS Markit releases July service PMI data (0745 GMT).
    ISTAT releases June retail sales data (0800 GMT).
    
    COMPANIES
    Bourse After Hours market closed.
    
    NEXI  NECII.MI 
    Italy's payment group Nexi NEXII.MI signed a memorandum of
understanding to buy a 51% stake of Alpha Bank's retailers
payment business, which will be spun off in a separate company,
for 157 million euros ($186 million), the two groups said on
Tuesday.   urn:newsml:reuters.com:*:nL8N2PA6F9
    
    STELLANTIS  STLA.MI 
    The carmaker hiked its 2021 profit margin target on Tuesday
after beating first-half earnings forecasts, in an early sign
CEO Carlos Tavares might deliver the kind of turnaround he
achieved at Peugeot maker PSA.  urn:newsml:reuters.com:*:nL8N2PA1HQ
    
    SAIPEM  SPMI.MI  
    Moody's said on Tuesday it had affirmed the oil service
group's rating at Ba2, while cutting the outlook to 'negative'
from 'stable', citing lower-than-expected core profit generation
in the second quarter due to execution challenges in one
off-shore wind project in North Sea  urn:newsml:reuters.com:*:nMDY9dnpjB.
    
    FINECOBANK  FBK.MI 
    The fintech bank expects customer inflows to reach 900
million euros ($1.07 billion) in July, including 500 million
euros in managed assets, with brokerage revenue at 15 million
euros, its chief executive said on Tuesday.  urn:newsml:reuters.com:*:nL1N2PA1E1
    
    SAFILO  SFLG.MI   
    The Italian spectacles maker said on Tuesday it expected
full-year earnings to rise above pre-pandemic levels after sales
more than doubled in the second quarter driven by the U.S.,
China and e-commerce.  urn:newsml:reuters.com:*:nL8N2PA66M
    
    BANCO DI DESIO E DELLA BRIANZA  DESI.MI 
    The bank reported a net profit of 36.8 million euros in the
first half.  urn:newsml:reuters.com:*:nBIA9nBfBP
    
    NUSCO  NUSC.MI 
    Debuts on AIM segmant.
    
    OMER  OMR.MI 
    Debuts on AIM segmant.
    
    POSTE ITALIANE  PST.MI 
    Releases H1 results, followed by conference call (1130 GMT).
    
    ATLANTIA  ATL.MI 
    Board meeting on H1 results.
    
    BPER BANCA  EMII.MI 
    Board meeting on H1 results, followed by conference call
(1600 GMT).
    
    INTERPUMP GROUP  ITPG.MI 
    Board meeting on H1 results.
    
    INTESA SANPAOLO  ISP.MI 
    Board meeting on H1 results, followed by conference call
with analysts and investors (1330 GMT) and with press (1530
GMT).
    
    TENARIS  TENR.MI 
    Board meeting on H1 results.
    
    DOVALUE  DOVA.MI 
    Board meeting on H1 results.
    
    DIARY
    Rome, Department of Security Intelligence (DIS) Director
General Elisabetta Belloni speaks before Parliamentary Committee
for the Security of the Republic (COPASIR) (1200 GMT).
    Rome, Economy Minister Daniele Franco to address Parliament
over talks to ease merger deal between MPS and UniCredit (1800
GMT).
    Udine, Industry Minister Giancarlo Giorgetti visits Danieli
and ABS plants (1030 GMT).
    Trieste, Industry Minister Giancarlo Giorgetti visits Saipem
 SPMI.MI  plant (1430 GMT).
    Trieste, Industry Minister Giancarlo Giorgetti meets with
German Finance Minister Peter Altmaier.
    
    ((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/