Italy - Factors to watch on Aug. 2
02/08/2018 05:00
The following factors could affect Italian markets on Thursday.
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
Infrastructure Minister Danilo Toninelli speaks before
Chamber of Deputies Transport Committee on ministry strategy
(1200 GMT).
COMPANIES
Bourse After Hours market closed.
FIAT CHRYSLER AUTOMOBILES FCHA.MI
Sales of new cars rose 4.4 in Italy in July from a year
earlier, according to the transportation ministry. Fiat
Chrysler's sales rose 3.4 percent annually for a market share of
27.8 percent. urn:newsml:reuters.com:*:nL5N1US72K
Major automakers on Wednesday reported lower U.S. new
vehicle sales for July amid steep declines in passenger cars,
except Fiat Chrysler Automobiles, which said its sales climbed 6
percent. urn:newsml:reuters.com:*:nL1N1US0WB
FERRARI RACE.MI
FERRARI RACE.MI
Ferrari's new boss sought to reassure investors that he
would execute midterm targets set by his predecessor, Sergio
Marchionne, but the stock fell more than 8 percent on Wednesday
when he described the goals to 2022 as "aspirational".
L5N1US3OU
Ferrari is proving it can run on autopilot. Despite the
trauma and uncertainty caused by the sudden loss of former boss
Sergio Marchionne, the Italian supercar maker delivered strong
quarterly earnings on Wednesday and kept its 2018 guidance
stable. That allows new Chief Executive Louis Camilleri to start
in top gear. urn:newsml:reuters.com:*:nL5N1US5V1
INTESA SANPAOLO ISP.MI
Weakening core revenues and rising loan losses overshadowed
stronger-than-expected second-quarter net profit at Italy's
biggest retail bank Intesa Sanpaolo, weighing on its shares.
urn:newsml:reuters.com:*:nL5N1US4W0
MONTE DEI PASCHI DI SIENA BMPS.MI
Boutique financial firm SC Lowy said on Wednesday it had
bought a $160 million bad loan portfolio from the Italian
state-owned bank in one of the country's largest shipping debt
sales. urn:newsml:reuters.com:*:nL5N1US7BV
Board meeting on H1 results (statement on Aug. 3)
ASCOPIAVE ASC.MI
Infrastructure fund F2i said on Wednesday it had submitted
an expression of interest for a possible investment in regional
utility Ascopiave and its parent company Asco Holding, with a
view to strengthening the group's gas distribution business
through a partnership with 2i Rete Gas.
PIRELLI PIRC.MI
The tyre maker said on Wednesday it had agreed with China's
Hixih Group to buy a 49 percent stake in a new plant to boost
its production flexibility in the high-value segment.
urn:newsml:reuters.com:*:nFWN1US12K
IREN IREE.MI
Conference call on H1 results (0800 GMT).
POSTE ITALIANE PST.MI
H1 results followed by conference call (0830 GMT).
SAFILO SFLG.MI
Board meeting on H1 results and business plan update,
followed by conference call (1615 GMT).
BUZZI UNICEM BZU.MI
Board meeting on H1 results, followed by conference call
(1430 GMT).
DIASORIN DIAS.MI
Board meeting on H1 results followed by conference call
(1300 GMT).
PININFARINA PNNI.MI
Board meeting on H1 results.
TENARIS TENR.MI
Conference call on H1 results (1300 GMT).
BIANCAMANO BIAN.MI
Board meeting on 2017 FY results.
PIQUADRO PQ.MI
Board meeting on Q1 sales.
THESPAC TSPA.MI
Debuts on AIM segment, listing ceremony at 0630 GMT.
VIMI FASTENERS VIMI.MI
Debuts on AIM segment.
Board meetings on H1 results: Anima ANIM.MI , Banca Profilo
PRO.MI , Banco di Desio e della Brianza DESI.MI , Be BET.MI ,
Caltagirone CALI.MI , Cattolica Assicurazioni CASS.MI (press
release on Aug. 3), Centrale del Latte d'Italia CLII.MI , Elica
ELC.MI followed by conference call (1400 GMT), Enav ENAV.MI ,
ePrice EPRC.MI followed by conference call (1300 GMT), Gas
Plus GSP.MI , Gefran GFRN.MI (0800 GMT), Italiaonline
IOL.MI , Prima Industrie PRII.MI , Reply REY.MI , Retelit
LIT.MI followed by conference, Sabaf SABF.MI followed by
conference (1300 GMT), Txt e-solutions TXTS.MI , Valsoia
VALS.MI .
((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/