Italy - Factors to watch on June 10
10/06/2019 05:00
The following factors could affect Italian markets on Friday.
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
Italian coalition officials say the country's public
accounts are throwing up positive surprises this year,
strengthening Rome's hand as it tries to ward off a possible
European Union disciplinary procedure. urn:newsml:reuters.com:*:nL8N23E22D
An EU disciplinary procedure against Italy over its debt is
warranted, according to a draft document for a meeting of EU
government officials quoted by an EU source, setting the stage
for an escalation of a dispute with Rome. urn:newsml:reuters.com:*:nL8N23E431
Italian finance minister Giovanni Tria says it would be
either illegal or useless for Italy to issue so-called mini-bots
to pay its suppliers urn:newsml:reuters.com:*:nL4N23F063
Italy's coalition parties push back against criticism of the
mini-bots, highlighting tensions in the heart of the cabinet
urn:newsml:reuters.com:*:nL8N23G094
ECONOMY
ISTAT releases April industrial output (0800 GMT).
Treasury announces sale of BTP bonds, with relative amounts
to be auctioned on June 13.
COMPANIES
MEDIASET MS.MI
The Italian broadcaster unveiled on Friday a corporate
overhaul that would put the group, including its main overseas
subsidiary in Spain, under a Dutch holding company and in a
better position to pursue pan-European media alliances.
urn:newsml:reuters.com:*:nL8N23E1NP
TISCALI TIS.MI
Amsicora, an investment vehicle owned by Claudio Costamagna,
Manilo Marocco and Alberto Trondoli, could consider to acquire
further stakes in Tiscali or bonds issued by the phone group,
the company said in a filing to Consob. Amsicora holds 22.059%
of Tiscali.
CREDIT AGRICOLE CAGR.PA
Credit Agricole Deputy CEO Xavier Muscat in interview with
Il Sole 24 Ore rules out cross-border mergers with banks in
other European countries because "the current rules do not allow
for real synergies". He says Credit Agricole is ready to
evaluate "a further dimensional leap" in asset management with
Amundi. Rules out involvement in any Carige deal, says his bank
is looking for organic growth in Italy.
FINCANTIERI FCT.MI
Head of state lender Cassa Depositi e Prestiti says expects
Fincantieri's proposed acquisition of Chantiers de l'Atlantique
(formerly known as STX France) will get the green light from
Brussels, Agi newsagency reports. Says deal is good for Europe.
Fincantieri Chairman Giampiero Massolo says EU should make a
decision before the Commission mandate expires this year.
AUTOSTRADE MERIDIONALI AUMI.MI
Praude Asset Management holds 10.007% of the company,
according a filing to Consob. urn:newsml:reuters.com:*:nS8N236026
DIASORIN DIAS.MI
Board meeting to approve 2019-2022 industrial plan.
PIQUADRO PQ.MI
Board meeting on FY results.
SIRIO SIOO.MI
Debuts on AIM segment.
Annual general meetings: AMM AAMM.MI (0900 GMT), EEMS
EEMS.MI (0800 GMT).
Trade ex-dividend: AMBIENTHESIS ATH.MI of 0.0080 euro per
ordinary share; SERVIZI ITALIA SERIT.MI of 0.16 euro per
share.
DIARY
Milan, ISPI holds meeting on refugees with U.N. High
Commissioner for Refugees Filippo Grandi (1600 GMT).
Milan, Bank of Italy presents report on Lombardy Region's
economy with Milan branch Director Giuseppe Sopranzetti (1330
GMT).
Milan, Intesa Sanpaolo ISP.MI and European Investment Bank
(EIB) joint event with Intesa Sanpaolo Chairman Gian Maria
Gros-Pietro and EIB Deputy Chairman Dario Scannapieco (1000
GMT).
Venice, news conference with Generali GASI.MI Chairman
Gabriele Galateri and CEO Philippe Donnet (1000 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/