Italy - Factors to watch on Dec. 13

Openjobmetis SpA Agenzia per il Lavoro

13/12/2016 05:00

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 
    Newly appointed Italian Prime Minister Paolo Gentiloni 
unveiled his government on Monday, keeping almost all the 
outgoing ministers in place in a sign of continuity aimed at 
reassuring financial markets. urn:newsml:reuters.com:*:nL5N1E73Q6 
     
    ECONOMY 
    ISTAT releases October industrial output (0900 GMT). 
    Bank of Italy releases October data on bank lending and 
domestic government bond holdings at Italy-based banks. 
     
    COMPANIES 
     
    BANKS 
    The European Commission is ready to discuss with Italy a 
variety of possible solutions to problems in the country's 
banking sector, the vice president of the EU executive said on 
Monday. urn:newsml:reuters.com:*:nB5N1AF007 
     
    UNICREDIT  CRDI.MI  
    Board meeting on strategic review. 
    The lender said the ECB had fixed its minimum 2017 
transitional CET 1 ratio requirement at 8.75 
percent. urn:newsml:reuters.com:*:nI6N1DV02A 
    Amundi is to buy rival Pioneer Investments from UniCredit 
for 3.6 billion euros ($3.8 billion), a deal that will extend 
the French asset manager's reach in Europe and bring in much 
needed capital for the Italian bank. urn:newsml:reuters.com:*:nL5N1E70V1 
     
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI  
    Italy is ready to pump capital into Monte dei Paschi di 
Siena if the ailing bank fails to get the 5 billion euros ($5.3 
billion) it needs to remain in business from private investors, 
a Treasury source said on Monday. urn:newsml:reuters.com:*:nL5N1E718B 
    Italy's market regulator Consob has only received 
"preliminary and generic" information regarding Monte dei 
Paschi's board meeting on Sunday which sought to breathe new 
life into a privately-funded rescue plan, a source close to the 
watchdog said on Monday. urn:newsml:reuters.com:*:nI6N1DV02C 
     
    MEDIASET  MS.MI  
    Vivendi said on Monday it holds just over 3 percent of 
Mediaset and could raise that to as much as 20 percent in a move 
the Italian broadcaster's top investor called a first step 
towards launching a hostile takeover bid for the 
company. urn:newsml:reuters.com:*:nL5N1E75IL 
     
    ENEL  ENEI.MI  
    The energy group sees no change to its ultrafast broadband 
plans following the resignation of Prime Minister Matteo Renzi, 
CEO Francesco Starace said on the sidelines of a 
conference. urn:newsml:reuters.com:*:nI6N1DV029 
     
    ENI  ENI.MI  
    The Italian energy company will sell a 30 percent stake in 
its giant Egyptian offshore gas field Zohr to Russia's Rosneft 
for $1.575 billion, pressing ahead with asset sales to fund 
investments and offset weak oil prices. urn:newsml:reuters.com:*:nL5N1E722C 
     
    POSTE ITALIANE  PST.MI  
    Moody's has changed the company's outlook to 'negative' from 
'stable' and affirmed it's 'Baa2' rating. urn:newsml:reuters.com:*:nMDY8MPgFJ  
     
    GENERALI  GASI.MI  
    The insurer has named Marco Sesana Italy country manager and 
Timothy Ryan new group chief investment officer. urn:newsml:reuters.com:*:nI6N1DV02B 
     
    UBI BANCA  UBI.MI  
    UBI said the ECB has fixed the minimum 2017 phased-in CET 1 
ratio requirement for the lender at 7.5 percent. urn:newsml:reuters.com:*:nI6N1DV024 
     
    BANCA POPOLARE DI VICENZA 
    Ordinary shareholders' meeting (0900 GMT). 
     
    BANCA POPOLARE DELL'EMILIA ROMAGNA  EMII.MI   
    The lender said that ECB has set its 2017 minimum CET 1 
ratio requirement at 7.25 percent. urn:newsml:reuters.com:*:nI6N1DV02D 
     
    AMPLIFON  AMPF.MI  
    The company said Ugo Giorcelli had resigned from his 
position as CFO. urn:newsml:reuters.com:*:nFWN1E70K5 
     
    INNOVATEC  INCI.MI  
    Bond holders' meeting (1030 GMT). 
     
    OPENJOBMETIS  OJM.MI  
    Celebrates first year of IPO with CEO Rosario Rasizza (1130 
GMT). 
         
    AC MILAN 
    Serie A club AC Milan holds shareholders' meeting (0930 
GMT). 
    The Chinese consortium seeking to buy Italian soccer club AC 
Milan is expected to pay an agreed second 100 million-euro ($106 
million) deposit by Tuesday, a day later than originally 
scheduled, two sources close to the matter said on 
Monday. urn:newsml:reuters.com:*:nI6N1DV028 
     
     
    ((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/DEC. 13