Italy - Factors to watch on Feb. 3

Orsero SpA

03/02/2020 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
    Tax free purchases by Chinese tourists in Italy increased
slightly in the first week of China's New Year holidays from the
same period last year, the Italian arm of the shopping tax
refund company Global Blue said on Saturday  urn:newsml:reuters.com:*:nL8N2A10D7
    
    Economy Minister Roberto Gualtieri said on Saturday he was
still confident Italy could achieve its growth forecasts despite
a shock quarterly fall in gross domestic product of 0.3% in the
fourth quarter of last year. 
    "I keep my confidence in our growth forecasts and I think we
could do even better," Gualtieri said at a conference on
Saturday. The government is forecasting 0.6% growth this year.
    
    IHS Markit releases January PMI manufacturing (0845 GMT).
    Transport Ministry releases January car sales data (1700
GMT).
    January state sector borrowing requirement data.
    
    COMPANIES  
    MEDIASET  MS.MI 
     An Italian judge is set to decide as early as next week on
a request by French media group Vivendi  VIV.PA  to suspend a
planned reorganization at the Italian broadcaster, four legal
sources said after a closed-door hearing on Saturday. The judge
did not provide a deadline for the decision but a ruling is
expected in the coming days, the sources said.  urn:newsml:reuters.com:*:nL8N2A10E6
        
    TELECOM ITALIA  TLIT.MI 
    Italy's antitrust authority said on Friday it had fined
Italy's top four phone operators a total of 228 million euros
($253 million) for breaching competition rules by collectively
agreeing to raise their prices.
    Italian consumer association Altroconsumo said the fines
were equal to 114 million euros for Telecom Italia, 60 million
euros for Vodafone, 39 million euros for Wind Tre and the rest
for Fastweb.  urn:newsml:reuters.com:*:nL8N2A06I3
    
    UBI BANCA  UBI.MI , COIMA  CRES.MI 
    The lender said on Friday it agreed to enter exclusive talks
with Coima Sgr on a real estate transaction linked to the
reorganisation of the bank's presence in Milan.  
    
    SAIPEM  SPMI.MI 
    Saipem Finance International will exercise an option for the
early redemption of a 500-million-euro bond due 2021, the
company said on Friday.  urn:newsml:reuters.com:*:nFWN2A00X6   
    
    JUVENTUS  JUVE.MI 
    Borussia Dortmund have signed German international
midfielder Emre Can from Italian champions Juventus, the
Bundesliga club said on Friday. Juventus said Dortmund will pay
one million euros ($1.11 million) for the loan deal until the
end of the season before being obliged to purchase the player in
a deal which could rise as high as 25 million euros.
 urn:newsml:reuters.com:*:nL8N2A06I9
    
    DIARY
    ...
    
    ((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/