Italy - Factors to watch on Dec. 14
14/12/2020 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 .
GENERAL
Italy reported 484 coronavirus-related deaths on Sunday
after surpassing Britain the previous day as the European
country with the worst toll of fatalities. urn:newsml:reuters.com:*:nL1N2IT0F6
Crowds flooded the streets of several Italian cities on
Sunday, forcing police to close off popular sites such as Rome's
Trevi fountain, while the government debated which restrictions
to enforce over the Christmas holiday period. urn:newsml:reuters.com:*:nL1N2IT0M4
COMPANIES
MEDIASET MS.MI
Italian prosecutors have concluded a probe into Vivendi's
Vincent Bollore and Arnaud De Puyfontaine for alleged market
manipulation and obstruction of regulators in a case involving
stake building in Italian broadcaster Mediaset. urn:newsml:reuters.com:*:nL8N2IS07F
French media group Vivendi has lodged a formal complaint
with the European Commission against an Italian law potentially
curbing its interests in the country, three sources said on
Friday, a sign of increased tension with the government.
urn:newsml:reuters.com:*:nL8N2IR510
ASSICURAZIONI GENERALI GASI.MI
Mutual insurer Groupe Macif has stepped up efforts to buy
Aviva's French arm in a deal worth about 3 billion euros after
an Allianz-led consortium bowed out amid firm resistance from
French unions and local partners, sources told Reuters. Generali
is the only non-French bidder in the auction. urn:newsml:reuters.com:*:nL1N2IR201
FERRARI RACE.MI
Italian media reports citing the former chief executive of
Vodafone Vittorio Colao as one of the candidates for the top job
at Ferrari are groundless, a source close to Colao said on
Friday. Louis Camilleri retired with immediate effect as CEO of
Ferrari late on Thursday, after being in the role for nearly two
and a half years. urn:newsml:reuters.com:*:nL8N2IR54T urn:newsml:reuters.com:*:nL1N2IR0HN
Fiat Chrysler Chief Executive Mike Manley is in pole
position to take over the top job at Ferrari, Italian daily Il
Messaggero said on Saturday. urn:newsml:reuters.com:*:nL1N2IS06L
ENI ENI.MI
Italian energy group Eni said Massimo Mondazzi was stepping
down as chief operating officer of its Energy Evolution division
and would be replaced by his deputy Giuseppe Ricci on Jan. 1.
urn:newsml:reuters.com:*:nL8N2IR4L0
ATLANTIA ATL.MI
Atlantia's motorway unit Aspi is worth only 7.5 billion
euros compared to an earlier price range of 8.5- billion euros
as state lender CDP and co-investors Blackstone and Macquarie
cut their valuation, La Stampa said on Saturday without citing
sources.
LEONARDO LDOF.MI
Leonardo has signed a 200 million euro financing deal with
the European Investment Bank to support investments in
technological development, the Italian aerospace and defence
group said on Friday. urn:newsml:reuters.com:*:nS8N2FY099
Computers hacked at Leonardo between 2015 and 2017 belonged
to a unit that makes components for both commercial and military
aircraft, including C27J and ATR turboprop, a police officer
working on the case told Reuters. urn:newsml:reuters.com:*:nL8N2IR4BU
CREDEM EMBI.MI
The Italian bank expects its cost of risk to fall back to 25
basis points in 2023 in line with an end-2019 level of 24 bps
after edging up to 40 bps at the end of the year, Il Sole 24 Ore
wrote on Sunday in its 'Letter to investors'. Credem expects a
higher net interest income in 2021 and targets net inflows of 5
billion euros for its assets under management by 2023.
CREDITO VALTELLINESE PCVI.MI
Credit Agricole Italy said on Friday it had filed its
takeover offer for Creval with market regulator Consob.
STMICROELECTRONICS STM.MI
CEO Jean-Marc Chery told Corriere della Sera on Sunday the
group may keep up its policy of buying start-ups next year if
needed to speed up product development, with a focus on
artificial intelligence and sensors to target markets ranging
from smartphones to cars.
Trades ex-dividend of 0.042 U.S. dollars per ordinary share
as quarterly dividend.
BANCA CARIGE CRGI.MI
Reverse stock split on ordinary and savings shares.
DIGITAL BROS DIB.MI
Trades ex-dividend of 0.15 euro per share.
GIBUS GBUSS.MI
Trades ex-dividend of 0.27 euro per ordinary share.
PATTERN PTRN.MI
Trades ex-dividend of 0.05 euro per share.
DIARY
Italian banking, insurance and finance federation FeBAF
starts virtual edition "Rome Investment Forum 2020" (0900 GMT),
ends on Dec. 15. Expected attendees on Monday include FeBAF
President Luigi Abete, Prime Minister Giuseppe Conte (via a
video message), EU Economic Commissioner Paolo Gentiloni, ECB
board member Fabio Panetta, Economy Minister Roberto Gualtieri,
Spanish Economy Minister Nadia Maria Calvino, Luxembourg's
Finance Minister Pierre Gramegna, insurers' association ANIA
President Maria Bianca Farina, Italian banking association ABI
Director General Giovanni Sabatini, EU Commission
representatives Mario Nava and Marcel Haag, state lender Cassa
Depositi e Prestiti (CDP) Chief Economist Andrea Montanino,
Franch Caisse des Depots group Director Laurent Zylberberg, EU
Parliament representative Irene Tinagli.
Education Minister Lucia Azzolina attends online kick-off
ceremony of second-year programme #Tuttomeritomio (1400 GMT).
Employers' body Confindustria Brescia holds general meeting;
public session with President Giuseppe Pasini, Bergamo Mayor
Giorgio Gori, Brescia Mayor Emilio Del Bono; in videoconference
Industry Minister Stefano Patuanelli, EU Affairs Minister
Vincenzo Amendola, Confindustria President Carlo Bonomi (1530
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/