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TI.A - Telecom Italia SpA News Story

$5.21 0.0  0.0%

Last Trade - 05/07/19

Sector
Telecoms
Size
Large Cap
Market Cap £9.66bn
Enterprise Value £32.74bn
Revenue £13.61bn
Position in Universe th / 6846

Italy - Factors to watch on July 13

Wed 13th July, 2016 5:00am
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 
    Italy sells up to 7.5 billion euros over four bonds at 
auction.  urn:newsml:reuters.com:*:nI6N19M02L 
         
    COMPANIES 
     
    BANKS 
    Rating agency Standard & Poor's said on Tuesday rising 
investors' concerns over Italian banks' creditworthiness were 
not expected to affect their ratings, which already incorporate 
risks relating to asset quality and capital. Potential support 
measures by the government could help ease the stress lenders 
are facing, S&P's said, adding it would continue to monitor the 
situation. 
    Italy's finance minister sought on Tuesday to ease worries 
that his country's battered banking sector may pose risks to the 
euro zone, and said that recapitalisation needs for its weakest 
lenders were overstated. urn:newsml:reuters.com:*:nL8N19Y3QC 
    U.S. Treasury Secretary Jack Lew stressed in Paris on 
Tuesday the need for well-capitalised banks as Italy nears a 
deal to safeguard its struggling lenders. urn:newsml:reuters.com:*:nP6N16F02M 
     
    UNICREDIT  CRDI.MI  
    UniCredit launched the sale of a minority stake in its 
Polish subsidiary Bank Pekao on Tuesday, as new Chief Executive 
Jean-Pierre Mustier moved swiftly on his first day in the job to 
strengthen the Italian bank's capital. urn:newsml:reuters.com:*:nL8N19Y56E  
     
    RCS MEDIAGROUP  RCSM.MI , CAIRO COMMUNICATION  CAI.MI  
    As of Tuesday, RCS investors representing 9.5 percent of the 
company's share capital have accepted the takeover offer 
launched by Cairo Communication, according to a statement from 
Italy's bourse. The acceptances include Intesa Sanpaolo's 4.2 
percent RCS stake, a source close to the matter added.   
    In comparison, RCS shareholders representing 1.65 percent of 
the publisher's share capital have so far accepted a rival offer 
from a consortium of private equity group Investindustrial and 
some core RCS investors, which already own 22.6 percent of RCS. 
Both offers end on Friday.   
     
    CREDITO VALTELLINESE  PCVI.MI  
    The lender appointed Roberto Tarricone, formerly in charge 
of corporate management, as its new chief commercial 
officer. urn:newsml:reuters.com:*:nBIA122e3 
     
    TELECOM ITALIA  TLIT.MI  
    Moody's confirmed the phone group's 'Ba1' rating and its 
negative outlook on the company. urn:newsml:reuters.com:*:nMDY8XJSNZ  
     
    GENERALI  GASI.MI  
    Moody's confirmed the insurer's 'Baa2' rating and its 
'stable' outlook on the company. urn:newsml:reuters.com:*:nMDY8qNRBf 
     
    ENI  ENI.MI  
    CEO Claudio Descalzi meets Chamber of Deputies speaker Laura 
Boldrini in Rome (1300 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/JULY 13
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