Italy - Factors to watch on May 30

Pierrel SpA

30/05/2016 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 
    Milan, Italian Infrastrucutre and Transport Minister 
Graziano Delrio meets Libyan Transport Minister Milad Mohamed 
Maatough (1500 GMT). 
     
    ECONOMY 
    ISTAT releases April producer prices data (0800 GMT). 
     
    Cabinet meeting to approve sale of further 30 percent stake 
in Poste Italiane  PST.MI . 
     
    DEBT 
    Treasury sells 2.0-2.5 billion euros 0.45 percent BTP bonds 
due June 1, 2021; 2.5-3.0 billion euros 1.60 percent BTP bonds 
due June 1, 2026; 1.5-2.0 billion euros CCTeu bonds due July 15, 
2023. Subscriptions close at 0900 GMT. 
     
    COMPANIES 
    A2A  A2.MI  
    The regional utility agreed on Saturday to extend a deadline 
for its acquisition of Linea Group Holding, a smaller rival, as 
Italy's Antitrust regulator investigates the possible tie-up.  
      
    BANCA CARIGE  CRGI.MI  
    The bank denied a Saturday newspaper report saying it was 
planning a capital increase of up to 400 million euros. A 
capital increase is not an option under examination, the bank 
said.  
     
    VENETO BANCA, INTESA SANPAOLO  ISP.MI  
    A risky 1 billion euro capital raising at Italian regional 
lender Veneto Banca is likely to be priced at 0.10 euros per 
share, a fraction of the value the bank set for its stock just a 
year ago, a source with direct knowledge of the matter said. 
[L5N18O4A4} 
    Banca Popolare dell'Emilia Romagna  EMII.MI  may flank 
Italy's recently created bank-rescue fund Atlante to backstop 
Veneto Banca's cash call, Il Sole 24 Ore newspaper reported on 
Saturday. 
    Pension funds and private pension groups may invest in 
Atlante to bolster the fund's cash reserves, Corriere della Sera 
reported on Saturday. 
       
    POSTE ITALIANE  
    A cabinet meeting on Monday is expected to give details 
about the upcoming sale of a 29.7 percent stake in the post 
office owned by the treasury after it transferred a 35 percent 
holding to Cassa Depositi e Prestiti.   
     
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI  
    CEO Fabrizio Viola attends a conference in Rome (1630 GMT). 
     
    PARMALAT  PLT.MI  
    Conference call on Q1 results (1400 GMT). 
     
    PRELIOS  PCRE.MI  
    The real estate group said on Friday its unit specialising 
in bad loans management Prelios Credit Servicing has been 
admitted at the new register of financial intermediaries. 
     
    AGRONOMIA  AGR.MI  
    Board meeting on FY results. 
     
    EL.EN.  ELEN.MI  
    Starts ordinary share split. 
     
    PIERREL  PRL.MI  
    Annual and extraordinary shareholders' meeting (0800 GMT). 
     
    TECHNOGYM  TGYM.MI  
    Chairman and CEO Nerio Alessandri attends conference on 
innovation in Milano (0800 GMT). 
     
    TERNA  TRN.MI  
    Annual general meeting (0900 GMT). 
     
    RCS Mediagroup  RCSM.MI  and CAIRO COMMUNICATION  CAI.MI  
    Cairo Communication's bid to control RCS Mediagroup will 
start on June 13 and end of July 8, Italy's market watchdog 
Consob said on Saturday. Cairo Communication made an all-share 
offer of 0.12 Cairo shares for every RCS share in April, but it 
is being challenged by a rival offer from a consortium of 
companies from Italy's corporate establishment. 
    Consob asked the rival consortium led by businessman Andrea 
Bonomi for more information about its offer, Italian media 
reported on Saturday. 
     
    UNICREDIT  CRDI.MI  
    The bank's outgoing Chief Executive Federico Ghizzoni, who 
agreed to step down last week, said on Saturday the possibility 
of him becoming chairman of Italy's biggest bank by assets was 
"not on the table". 
     
    VENETO BANCA  IPO-VENE.MI  
    Board meeting to set price range of 1-billion euro initial 
public offering. 
     
    Trade ex-dividend: ASTM  ATMI.MI  of 0.25 euro per share as 
final dividend (interim of 0.20 euro per share on Nov. 30, 
2015); NICE  NICE.MI  of 0.0703 euro per share; PITECO  PITE.MI  
of 0.10 euro per ordinary share; TAMBURI INVESTMENT PARTNERS 
 TIP.MI  0.061 euro per share. 
     
    ((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/MAY 30