Italy - Factors to watch on Oct. 5

Technical Publications Service SpA

05/10/2018 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
    Rome, Deputy Prime Minister and Interior Minister Matteo
Salvini attends opening ceremony of 'Villaggio Coldiretti' (0800
GMT).
    
    ECONOMY
    Italy's three-year budget plan targets economic growth at
1.5 percent next year, 1.6 percent in 2020 and 1.4 percent in
2021, Economy Minister Giovanni Tria said on Thursday in a
letter to the European Commission. urn:newsml:reuters.com:*:nR1N1RB01X
(*) Italy cut its economic growth forecast for this year to 1.2
percent from a previous estimate of 1.5 percent, an update to
the government's economic and finance document (NADEF) showed on
Friday. urn:newsml:reuters.com:*:nI6N1VP028
    ISTAT releases August retail sales data (0800 GMT) and
monthly bulletin on the state of the economy in September (0900
GMT).
    Bank of Italy releases September data on Target 2
liabilities and European Central Bank funding to Italian banks.
    
    DEBT
    Treasury announces sale of 12-month BOT bills, with relative
amounts to be auctioned on Oct. 10.
    
    COMPANIES
    
    BANKS
(*) Italy's government is working on new measures for a state
guarantee scheme aimed at easing bad loan disposals and is
examining the possibility of extending it to unlikely-to-pay
loans, an update to its economic and finance document
showed. urn:newsml:reuters.com:*:nL8N1WL0HF
    
(*) INTESA SANPAOLO  ISP.MI 
    The lender may be among possible funders of the Nord Stream
2 pipeline project, Corriere della Sera said, citing President
of Banca Intesa Russia Antonio Fallico. 
    
(*) ENI  ENI.MI 
    Geological data indicates gas reserves of 4 billion cubic
meters at Eni's field in the Adriatic, Il Sole 24 Ore said. 
       
(*) SALINI IMPREGILO  SALI.MI , ASTALDI  AST.MI 
    Bofa Merrill Lynch and Vitale & Co are studying the Astaldi
dossier on behalf of Salini Impregilo, Il Messaggero said. 
    
    ASTALDI  AST.MI 
    The company will be excluded from the Italian bourse's Star
segment effective Oct. 9, FTSE Russell said in a statement. 
(*) Astaldi's restructuring plan will be ready in 45 days, Il
Messaggero said. 
    
(*) AUTOGRILL  AGL.MI 
    The company needs to grow organically but without excluding
possible "tie-ups at the right conditions and with right market
conditions", head of the Benetton family's Edizione holding
Marco Patuano told La Stampa in an interview 
        
    ATLANTIA  ATL.MI 
    Autostrade per l'Italia, a unit of Italian infrastructure
group Atlantia, will not rebuild the Genoa bridge that collapsed
two months ago, a newly chosen commissioner for the
reconstruction said. urn:newsml:reuters.com:*:nL8N1WK5H7
    
    ALERION CLEAN POWER  ARN.MI 
    The company said its board had decided to start preparatory
activities for a potential capital increase reserved to
institutional investors. urn:newsml:reuters.com:*:nFWN1WK0UT
    
    CLABO  CLAB.MI 
    Extraordinary shareholders' meeting (1530 GMT).
    
    EI TOWERS  EIT.MI 
    2iTowers SpA takeover offer on EI Towers shares ends.
    
    PIOVAN
    The company starts its initial public offering reserved to
institutional investors; ends on Oct. 17.
    
    SS LAZIO  LAZI.MI 
    Supervisory Board meets on FY results.
    
    TPS GROUP  TPSG.MI 
    Extraordinary shareholders' meeting (0700 GMT).
    
    M&A, EDIZIONE
    Edizione, the holding company of Italy's Benetton family,
said on Thursday it had sold 20 percent of an investment vehicle
through which it holds 29.9 percent of Spanish tower group
Cellnex to a unit of Abu Dhabi fund ADIA. urn:newsml:reuters.com:*:nI6N1VP027
    
    ((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/