Italy - Factors to watch on Aug. 30

Sogefi SpA

30/08/2018 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
    Alzano Lombardo, Agriculture Minister Gianmarco Centinaio
attends the League's annual meeting 'Bèrghem Fest'.
    Modena, "Wolpertinger Conference", attendees include BPER
Banca  EMII.MI  Chairman Pietro Ferrari, Bank of Italy Deputy
Governor Salvatore Rossi, Single Resolution Board member Mauro
Grande (0700 GMT).
     European Union Commissioner Guenther Oettinger warned Italy
on Wednesday that it would face interest payments if it does not
pay its budget contributions on time due to a row over migrant
policy.  urn:newsml:reuters.com:*:nL8N1VK4PC
    
    
    DEBT
    Treasury sells 3.0-3.75 billion euros 2.45 percent BTP bonds
due Oct. 1, 2023; 1.75-2.25 billion euros 2.8 percent BTP bonds
due Dec. 1, 2028; 1.25-1.75 billion euros over two CCTeu bonds
due Sept. 15, 2025 and Oct. 15, 2024. Subscriptions close at
0900 GMT.
    
    COMPANIES
    Bourse After Hours market closed.
    
    GENERALI  GASI.MI 
    The insurer is in talks to buy French asset manager
Sycomore, Bloomberg reported on Wednesday citing sources.
Generali declined to comment.  urn:newsml:reuters.com:*:nFWN1VK0RO
    
    ITALIAN BANKS
    Ratings agency Moody's on Wednesday said Italian banks need
to repay 250 million euros of cheap European Central Bank loans
by June 2020 and March 2021, pushing up their funding costs. It
added that repaying the ECB would put further pressure on the
lenders' already weak profitability, which suffers from low net
interest margins, restructuring costs and high loan losses.
 urn:newsml:reuters.com:*:nMDYbPb3XL 
    
    ATLANTIA  ATL.MI 
    The infrastructure group rejected the idea of nationalising
its Autostrade unit on Wednesday but did not rule out
cooperation with state-run funds, drawing renewed criticism from
politicians. [ejected the idea of nationalising its Autostrade
unit on Wednesday but did not rule out cooperation with
state-run funds, drawing renewed criticism from politicians.
 urn:newsml:reuters.com:*:nL8N1VK1E0
    
    SOGEFI  SGFI.MI 
    The car components group said on Wednesday it had signed a
final agreement concerning claims made by two customers of its
unit Sogefi Air& Cooling regarding the supply of a defective
component. It added that the agreement will close all
outstanding disputes, eliminating significant risks, and will
result in a positive impact of 6.6 million pre-tax and 4.3
million in net profit.  urn:newsml:reuters.com:*:nBIAbBxcPR
    
    EQUITA  EQUI.MI 
    The group, listed on the AIM market of the Milan bourse,
said on Wednesday it had filed a request to be admitted to the
MTA market, STAR segment.  urn:newsml:reuters.com:*:nBIAhtMCG    
    
    
    
    
    
    
    
    ((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/