Italy - Factors to watch on March 13
13/03/2019 05:00
MILANO, March 12 (Reuters) - 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 .
DEBT
Treasury sells 3.5-4.0 billion euros new 1.0 percent BTP
bonds due July 15, 2022; 2.0-2,5 billion euros 2.50 percent BTP
bonds due Nov. 15, 2025; 0.75-1.25 billion euros 2.95 percent
BTP bonds due Sept. 1, 2038. Subscriptions close at 1000 GMT.
COMPANIES
TELECOM ITALIA TLIT.MI
Proxy adviser ISS has recommended that Telecom Italia (TIM)
shareholders vote against a proposal by the phone group's top
investor Vivendi VIV.PA to replace five board directors
appointed by Elliott. urn:newsml:reuters.com:*:nL8N20Z6JE
UNICREDIT CRDI.MI
The additional Tier 1 notes for a total amount of 1 billion
euros will contribute to improve the Tier 1 ratio for
approximately 27 bps. urn:newsml:reuters.com:*:nFWN20Z0P8
MEDIASET MS.MI
Italy's biggest private broadcaster, Mediaset MS.MI, plans
to reward its longer-term investors with additional votes under
an Italian law that is traditionally used by controlling
shareholders to strengthen their grip on companies. urn:newsml:reuters.com:*:nL8N20Z6OP
The board of directors has decided to carry forward the
profit while also reserving the right to review the decision on
dividend at July 25 meeting. urn:newsml:reuters.com:*:nFWN20Z0MF
FERRAGAMO SFER.MI
Italy's luxury shoemaker Salvatore posted a 14 percent drop
in 2018 core profit, undermined by the costs of a turnaround
plan in the face of falling sales. It trimmed its dividend to
0.34 euros per share from 0.38 euros a year ago. urn:newsml:reuters.com:*:nL8N20Z63Y
It sees "overall positive" trend for like-for-like sales
from beginning of year. urn:newsml:reuters.com:*:nL8N20Z6DQ
SAIPEM SPMI.MI
Italian market watchdog Consob has imposed financial fine of
200,000 euros against chief executive officer and of 150,000
against manager responsible for drafting accounting documents in
office at the time of capital increase in 2016. urn:newsml:reuters.com:*:nFWN20Z0MH
DOBANK DOB.MI
The board will propose the distribution of dividend per each
ordinary share of 0.460 euros. urn:newsml:reuters.com:*:nBIA4X9r90
IL SOLE 24 ORE S24.MI
The board will propose to shareholders to take legal action
against former top executives. urn:newsml:reuters.com:*:nFWN20Z0MG
COMER INDUSTRIES COME.MI
Debuts on Milan Stock Exchange after merger with Gear 1
GEAR.MI .
GEAR 1 GEAR.MI
De-listed as of Wednesday.
OVS OVS.MI
Board meeting to co-opt three outgoing advisers.
ASSICURAZIONI GENERALI GASI.MI
Board meeting on FY results (press release on March 14).
LEONARDO LDOF.MI
Board meeting on FY results.
Board meetings on FY results: ACOTEL ACO.MI , BF BFG.MI ,
CELLULARLINE CELL.MI , EQUITA GROUP EQUI.MI , GAMENET GROUP
GAME.MI followed by conference call (1300 GMT), ISAGRO
IGS.MI (0830 GMT), NICE NICE.MI , RATTI RATI.MI , SAES
GETTERS SAEI.MI , SAFILO GROUP SFLG.MI followed by conference
call (1700 GMT), SOFTEC YSFT.MI , ZIGNAGO VETRO ZV.MI (0930
GMT).
DIARY
Milan, debate organised by Bocconi University, European
Central Bank (ECB) and Debating Europe on "ECB Youth Dialogue -
Generation Euro: What Can Europe Do For You?" with ECB Executive
Committee member Benoit Coeure (1700 GMT).
Rome, OECD official due to speak before Senate Labour
Committee on minimum wage guaranteed law decree (1100 GMT).
Rome, Foreign Affairs Minister Enzo Moavero Milanesi speaks
before Chamber of Deputies Foreign Affairs Committee on Brexit
(1200 GMT).
Rome, Deputy Prime Minister and Industry Minister Luigi Di
Maio meets trade unions, secretary general Maurizio Landini for
CGIL, Annamaria Furlan for CISL, Carmelo Barbagallo for UIL.
Milan, the European House Ambrosetti holds round-table
discussion on "Banking Sector Evolution Scenarios" with Banca
Ifis IF.MI CEO Giovanni Bossi (1600 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/
(Reporting By Viviana Venturi)
((mailto:viviana.venturi@thomsonreuters.com;))