Italy - Factors to watch on Oct. 11

Pierrel SpA

11/10/2017 05:00

The following factors could affect Italian markets on Wednesday. 
    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 
    Rome, Prime Minister Paolo Gentiloni receives Albanian 
counterpart Edi Rama (1130 GMT), followed by news conference. 
    The Italian government called on Tuesday for confidence 
votes in the lower house of parliament to try to force through 
an electoral law that is likely to penalise the 
anti-establishment 5-Star Movement. urn:newsml:reuters.com:*:nL8N1ML3V5 
     
    DEBT 
    Treasury sells 6.5 billion euros 12-month BOT bills. 
Subscriptions close at 0900 GMT. 
     
    COMPANIES 
     
    MEDIASET  MS.MI , VIVENDI  VIV.PA , TELECOM ITALIA  TLIT.MI  
    French media group Vivendi has offered to pay compensation 
to Mediaset to settle a dispute with the Italian broadcaster 
over a soured pay-TV deal, three sources close to the matter 
said on Tuesday. urn:newsml:reuters.com:*:nL8N1ML5QD 
    One of the sources said Vivendi would pay a first tranche of 
250 million euros as part of a wider tentative agreement. The 
person said more money would be paid at a later stage, but did 
not quantify the amounts. 
    One of the other two sources said Mediaset could join a 
joint venture being set up between Vivendi's own pay-TV arm 
Canal+ and Italian phone group Telecom Italia. 
     
    ATLANTIA  ATL.MI , ABERTIS  ABE.MC  
    Atlantia's 17 billion-euro ($20 billion) bid for Spain's 
Abertis is set to win EU approval, sources said on Tuesday, 
clearing another hurdle to getting the long-awaited deal done 
unless a counter-bid emerges. urn:newsml:reuters.com:*:nL8N1ML2X2 
    Funds managed by TCI Fund Management, owning almost 2.7 
percent of Spain's Abertis shares, said they "strongly support" 
Atlantia's offer for Abertis. urn:newsml:reuters.com:*:nE8N1HG01X 
    Abertis said the Spanish market regulator CNMV had set 
acceptance period in Atlantia's bid on Abertis from Oct. 
10-24. urn:newsml:reuters.com:*:nFWN1ML0PW 
         
    BANCA CARIGE  CRGI.MI , INTESA SANPAOLO  ISP.MI , GENERALI 
 GASI.MI  
    Deadline to take up Banca Carige's debt swap offer on best 
terms (1400 GMT). 
    Two major creditors of Banca Carige have taken up a debt 
exchange offer which is a key plank of the troubled Italian 
bank's capital raising efforts, sources close to the matter 
said. urn:newsml:reuters.com:*:nL8N1ML4HV 
     
    SNAM  SRG.MI , SAIPEM  SPMI.MI  
    Italy's constitutional court said in a statement it had 
rejected the Puglia region's request to revoke the concession 
for building the TAP gas pipeline. urn:newsml:reuters.com:*:nR1N1JO02B 
     
    SNAM  SRG.MI  
    The company successfully launched a bond issue for 650 
million euros under its EMTN programme. urn:newsml:reuters.com:*:nL8N1ML4RO  
     
    CAIRO COMMUNICATION  CAI.MI  
    Chairman Urbano Cairo attends news conference to present 
"18th Cairo Prize" in Milan (1000 GMT). 
     
    PIERREL  PRL.MI  
    Board meeting to approve abbreviated FY results to June 30, 
2017. 
     
    ((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/OCT. 11