Italy - Factors to watch on November 30

Openjobmetis SpA Agenzia per il Lavoro

30/11/2015 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 . 
     
    ECONOMY 
    The recent attacks in Paris could dent economic recovery in 
Italy, Economy Minister Pier Carlo Padoan told Corriere della 
Sera on Sunday adding, however, that the government did not have 
any concrete reason for now to trim its growth forecast. 
 ID:nL8N13O0AJ  
    Italy could pocket more than 4 billion euros in revenues 
from "voluntary disclosure" programme, a scheme to encourage tax 
dodgers to declare hidden funds in return for criminal immunity, 
Il Sole 24 Ore reported on Sunday. 
     
    ISTAT releases November flash CPI and HICP data (1000 GMT) 
and October producer prices (1100 GMT). 
    Reuters releases November asset allocation poll (1200 GMT). 
     
    PRIVATISATIONS 
    Italy's state railways' board on Friday named insider Renato 
Mazzoncini as its new chief executive, a statement from the 
Treasury said, as it gears up for a planned privatisation. 
 ID:nL8N13M3QP  
     
    DEBT 
    Economy Ministry presents first annual report on public debt 
(1100 GMT). 
         
    COMPANIES 
    TELECOM ITALIA  TLIT.MI  
    Proxy adviser Frontis Governance suggested Telecom Italia 
shareholders to vote against all Vivendi's  VIV.PA  requests 
over the Italian phone company's board, including the demand to 
appoint four directors, la Repubblica said on Sunday. 
    The Italian phone company has started talks with Vodafone 
 VOD.L  over a request by the British group for 1 billion euros 
in damage claims, CEO Marco Patuano was quoted as saying by Il 
Sole 24 Ore on Saturday. The company has reached a deal to 
settle a similar dispute with Swisscom's Fastweb  SCMN.VX , 
which was seeking 1.74 billion euros from Telecom Italia, the 
paper said, without clarify whether the claim was dropped. 
     
    ITALIAN BANKS 
    The government is still working on a plan to help the whole 
banking sector shed some 200 billion euros of bad loans and 
could grant some sort of guarantee to revive the market for 
non-performing loans Economy Minister Pier Carlo Padoan told Il 
Corriere della Sera on Sunday. Padoan added a decision on the 
issue was expected only next year.  ID:nL8N13O0AJ  
    Italian state lender Cassa Depositi e Prestiti could provide 
guarantees at market prices to help Italian lenders offload 
their bad loans, Il Sole 24 Ore said on Saturday. 
    Popolare Emilia Romagna, Popolare di Milano, Popolare di 
Vicenza, Banco Popolare, Mediobanca, Monte dei Paschi di Siena, 
UBI Banca, UniCredit and Veneto Banca took part to a business 
trip to Iran, ahead of the lifting of sanctions, Italian banking 
association said on Sunday.  
     
    ENI  ENI.MI  
    An international arbitration court has cut by around 1 
billion euros ($1.06 billion) the cost of Libyan gas that 
Italian oil group Eni has sold to rival Edison under a long-term 
supply contract.  ID:nI6N13B015  
     
    MONTE DEI PASCHI DI SIENA  BMPS.MI  
    CdR Advance Capital said on Friday it had bought 
non-performing loans worth 17.4 million euros from Monte dei 
Paschi paying 3.7 million euros.   ID:nBIA272f4  
     
    BANCA CARIGE  CRGI.MI  
    The European Central Bank has asked Carige to restrict 
dividend payments to shareholders as it slightly lowered the 
bank's minimum CET1 capital requirement to 11.25 percent at the 
end of a review process.  ID:nI6N13B014  
     
    DAMIANI  DMN.MI  
    The jewel maker said on Friday sales rose 11 percent in the 
six months to Sept. 30 to 69 million euros thanks to strong 
growth at the brand's own shops, which for the first time 
accounted for more than half the total.  ID:nBIA27318  
     
    MEDIOLANUM  MED.MI  
    Deputy Chairman Massimo Doris presents news about Banca 
Mediolanum (1100 GMT). 
     
    OPENJOBMETIS  IPO-OPJO.MI  
    Employment agency IPO ends. 
     
    FIERA MILANO  FIMI.MI  
    The group wants to grow through M&A activity, the CEO told 
Il Sole 24 Ore on Saturday, adding he welcomed the intention by 
its top shareholder Fondazione Fiera Milano to subscribe pro 
rata a planned capital increase. 
    Capital increase starts; ends on Dec. 18. 
     
    INVESTIMENTI E SVILUPPO  IES.MI  
    The board has approved a capital increase of up to 5.2 
million euros and the issuance of a convertible bond for up to 
6.99 million euros, the company said in a statement.  
                                                    
    BORGOSESIA  BRGI.MI   
    Extraordinary shareholders' meeting (0900 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/  
 
 
Keywords: ITALY FACTORS/NOVEMBER 30