Italy - Factors to watch on April 16

Technical Publications Service SpA

16/04/2018 05:00

The following factors could affect Italian markets on Monday.
    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 .
    
    COMPANIES
    TELECOM ITALIA  TLIT.MI 
    German activist fund Shareholder Value Management said on
Saturday it had built a stake of more than 1 pct in Telecom
Italia and supported moves by Elliott Advisers to shake up the
Italian phone company.  urn:newsml:reuters.com:*:nL8N1RR0Z6
    JP Morgan had a 5.932 percent indirect stake in the phone
group as of April 6, a filing from market regulator Consob
showed on Friday.  urn:newsml:reuters.com:*:nI6N1R5029  
    
    ILIAD  ILD.PA 
    French mobile operator Iliad plans to invest more than one
billion euros in Italy, the head of its Italian operations is
quoted as saying by Il Sole 24 Ore newspaper on Saturday.
Benedetto Levi reiterates the firm plans to launch here by the
summer and expects to breakeven "even with a market share of
less than 10 percent."
    
    MEDIASET  MS.MI 
    Top shareholder Fininvest said on Friday it bought a 0.74
percent stake in the Italian broadcaster, between March 8 and
March 12, for a total of 29 million euros.
        
    ENEL  ENEI.MI 
    Broadband company Open Fiber, jointly owned by Enel and
state lender Cassa Depositi e Prestiti, has enlisted banks to
help fund the 6.5 billion euro ($8 billion) rollout of its fast
broadband network, it said on Friday, confirming an earlier
Reuters report.  urn:newsml:reuters.com:*:nL8N1RQ3YR
    
    ALITALIA  CAITLA.UL  
    The European Union is set to open a formal probe into a
900-million-euro bridge loan given to the troubled airliner by
the Italian government, la Repubblica newspaper said on
Saturday. Some competitors complain that the loan is illegal
state aid. 
     
    FCA  FCHA.MI 
    Meets trade unions on Turin luxury polo in Turin (1300 GMT).
    
    AS ROMA  ASR.MI 
    Ordinary shareholders' meeting (1300 GMT).
    
    ATLANTIA  ATL.MI 
    Put option deadline in favor of Atlantia for transfer of
Cellnex  CLNX.MC  share.
    
    CHL  CHL.MI 
    Board meeting on FY results.
    
    INDEL B  INDB.MI 
    Board meeting on FY results, followed by conference call.
    
    PIAGGIO  PIA.MI 
    Annual general meeting (0900 GMT).
    
    TPS-TECHNICAL PUBLICATIONS SERVICE  TPSG.MI 
    Annual general meeting (0930 GMT).
    
    EQUITA GROUP  EQUI.MI 
    Annual and extraordinary shareholders' meetings (0900 GMT).
    
    MONCLER  MONC.MI 
    Annual and extraordinary shareholders' meetings (0800 GMT).
    
    PITECO  PITE.MI 
    Annual and extraordinary shareholders' meetings (1230 GMT).
    
    Trade ex-dividend: COIMA RES  CRES.MI  of 0.18 euro per
share as final dividend (interim dividend of 0.09 euro per share
on Nov. 13, 2017), CULTI MILANO  CULT.MI  of 0.08 euro per
ordinary share.
    
    IPO 
    Italy's Octo Telematics said on Friday its chief executive
and chairman had agreed to buy a 20 percent share from
controlling shareholder Renova, in a move aimed at resolving
issues deriving from the imposition of sanctions on the Russian
group.  urn:newsml:reuters.com:*:nI6N1R5027
    
    ((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/