Italy - Factors to watch on June 1

Siav SpA

01/06/2016 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 . 
     
    GENERAL 
    Rome, Prime Minister Matteo Renzi attends event to support 
Mayor of Rome candidate Roberto Giachetti (1900 GMT). 
     
    ECONOMY 
    Markit/ADACI releases May PMI manufacturing (0745 GMT). 
    Transport Ministry releases May car sales data (1600 GMT). 
    May state sector borrowing requirement data. 
     
    COMPANIES 
    Bourse After Hours market closed. 
     
    VENETO BANCA  IPO-VENE.MI  
    Italy's Veneto Banca set a price range of 0.1-0.5 euros per 
share for its upcoming 1 billion euro ($1.1 billion) initial 
public offering, effectively wiping out the savings of thousands 
of small investors in the regional bank.  L8N18S5LC  
     
    POSTE ITALIANE  PST.MI  
    Italy is hoping to raise around 2.7 billion euros ($3 
billion) from the sale of a second stake in its post office by 
year-end as it struggles to meet a commitment to cut its public 
debt mountain. 
    A cabinet meeting on Tuesday approved a decree allowing the 
treasury to put on the market up to 30 percent of the national 
post office, the government said in a statement.  urn:newsml:reuters.com:*:nL8N18S56K 
     
    UNICREDIT  CRDI.MI  
    Restricted governance committee meets to select headhunter 
for CEO replacement. 
    Some institutional investors at UniCredit are losing 
patience with the pace of progress by big shareholders in 
finding a new head, sources close to the matter said on Tuesday. 
 urn:newsml:reuters.com:*:nL8N18S5JE 
    UniCredit said board members Manfred Bischoff and Helga Jung 
have resigned. It added that shareholder Allianz intends to 
submit candidacy of Sergio Balbinot to replace Jung. 
 urn:newsml:reuters.com:*:nI6N18H01E 
     
    LUXOTTICA  LUX.MI  
    Standard & Poor's said on Tuesday it revised its outlook on 
the eyewear group to positive from stable thanks to solid cash 
generation.  urn:newsml:reuters.com:*:nI6N18H01A 
     
    SIA  IPO-SIA.MI  
    Italian state lender Cassa Depositi e Prestiti (CDP) has put 
on hold the share sale of payment services group SIA, two 
sources close to the matter said.  urn:newsml:reuters.com:*:nI6N18H01B 
     
    ACOTEL  ACO.MI  
    Extraordinary shareholders' meeting (0730 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/  
 
 
Keywords: ITALY FACTORS/JUNE 1