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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 £9.42bn
Enterprise Value £33.60bn
Revenue £13.43bn
Position in Universe th / 6938

Italy - Factors to watch on May 13

Thu 13th May, 2021 5:00am
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 .
    
    GENERAL
    Italy reported 262 coronavirus-related deaths on Wednesday
against 251 the day before, the health ministry said, while the
daily tally of new infections rose to 7,852 from 6,946.
 urn:newsml:reuters.com:*:nS8N2MJ06C
    
    ECONOMY
    Italy will launch a new equity fund financed with an initial
3 billion euros ($3.6 billion) to help its coronavirus-hit
companies raise capital, two government officials said.
 urn:newsml:reuters.com:*:nL8N2MT8MU
    Bank of Italy releases March data on bank lending and
domestic government bond holdings at Italy-based banks.
    
    DEBT
    Treasury sells 2.5-3.0 billion euros zero coupon BTP bonds
due April 15, 2024; 4.0-4.5 billion euros 0.50% new BTP bonds
due July 15, 2028; 1.25-1.75 billion euros 1.70% BTP bonds due
Sept. 1, 2051. Subscriptions close at 0900 GMT.
    
    COMPANIES
    UNICRDIT  CRDI.MI 
    Andrea Orcel stamped his mark on UniCredit within weeks of
taking the reins, axing management committees and a dual head
structure that had irked some top investors while hiring key
lieutenants to oversee strategy and relations at the Italian
bank.  urn:newsml:reuters.com:*:nL8N2MZ2AD
    The lender confirmed on Wednesday it was closing its Irish
bank and shifting its activities to the parent company as part
of a long-term streamlining of its business.  urn:newsml:reuters.com:*:nL1N2MZ1J3
       
    TOD'S  TOD.MI 
    The struggling Italian fashion company could further
strengthen its ties with LVMH  LVMH.PA  but there are no ongoing
talks and no decision has been made, a top Tod's executive said
after the French giant increased its stake in the group.
    Tod's reported a rebound in first-quarter sales, which grew
by 19% from a year earlier when stripping out currency
fluctuations and were powered by a 142% jump in China
 urn:newsml:reuters.com:*:nL8N2MZ6UD   
    
    PIRELLI  PIRC.MI 
    The Italian tyremaker said on Wednesday it was at the high
end of its full-year forecasts for revenue and profitability
after first-quarter results topped estimates, helped by stronger
sales of high-value tyres. urn:newsml:reuters.com:*:nL8N2MZ6U9
    
    BANKS
    Italy's Treasury wants to further boost tax breaks designed
to spur bank mergers and lure a buyer for troubled bank Monte
dei Paschi di Siena  BMPS.MI , but the co-ruling right-wing
League party is against using tax-payers' money to facilitate
the deal, political sources said.  urn:newsml:reuters.com:*:nL8N2MQ3OM
    Credit rating agency Moody's said on Wednesday its outlook
for several Italian bank, including Intesa Sanpaolo  ISP.MI ,
Banco BPM  BAMI.MI , BPER Banca  EMII.MI , Mediobanca  MDBI.MI ,
Credem  EMBI.MI , changed to stable from negative as the
recovery expected in Italy's economy will provide some relief to
banks'activities. urn:newsml:reuters.com:*:nFWN2MZ1G5
  
    PRYSMIAN  PRY.MI 
    The Italian cable maker won a 46 million euro order by the
Spanish grid operatior Red Electrica de Espana (REE) for a new
submarine power interconnection between Ibiza and Formentera,
the company said on Wednesday.  urn:newsml:reuters.com:*:nBIA7BSpsQ
    
    CAMPARI  CPRI.MI 
    Goldman Sachs is selling 3.7 million shares in Italy's
Campari owned by several employees of the beverage group
following the exercise of their stock options, the group said om
Wednesday.  urn:newsml:reuters.com:*:nL8N2MZ78Z
    
    ATLANTIA  ATL.MI 
    The Italian infrastructure group said that last week traffic
on the motorway network it operates in Italy jumped 114.5%
year-on-year and the number of passengers travelling to and from
its Italian airports - Rome's Fiumicino and Ciampino - rose
497.4% last week compared with the same period last year.
 urn:newsml:reuters.com:*:nS8N2MJ06F
    
    ALITALIA (unlisted)
    The European Commission has approved 12.8 million euros of
Italian state aid for Alitalia to compensate the airline for
losses suffered during the coronavirus pandemic, the EU
executive said on Wednesday.  urn:newsml:reuters.com:*:nL4N2MZ4DD

    ACQUAZZURRA  ACQ.MI  debuts on AIM segment.
    
    A2A  A2.MI 
    Board meeting on Q1 results, followed by conference call
(1430 GMT).
    
    ATLANTIA  ATL.MI 
    Board meeting on Q1 results.
    
    AZIMUT  AZMT.MI 
    Board meeting on Q1 results.
    
    INWIT  INWT.MI 
    Board meeting on Q1 results, followed by conference call
(1400 GMT).
    
    NEXI  NEXII.MI 
    Board meeting on Q1 results, followed by conference call
(1200 GMT).
    
    PRYSMIAN  PRY.MI 
    Board meeting on Q1 results (0800 GMT), followed by
conference call (1400 GMT).
    
    UNIPOL GROUP  UNPI.MI 
    Board meeting on Q1 results.
    
    ARNOLDO MONDADORI EDITORE  MOED.MI 
    Board meeting on Q1 results, followed by conference call.
    
    BANCA IFIS  IF.MI 
    Board meeting on Q1 results, followed by conference call
(1430 GMT).
    
    DOVALUE  DOVA.MI 
    Board meeting on Q1 results.
    
    ENAV  ENAV.MI 
    Board meeting on Q1 results.
    
    FINCANTIERI  FCT.MI 
    Board meeting on Q1 results.
    
    GEOX  GEO.MI 
    Board meeting on Q1 results, followed by conference call
(1535 GMT).
    
    IREN  IREE.MI 
    Board meeting on Q1 results, followed by conference call
(1430 GMT).
    
    RAI WAY  RWAY.MI 
    Board meeting on Q1 results, followed by conference call.
    
    UNIPOLSAI  US.MI 
    Board meeting on Q1 results.
    
    WEBUILD  WBD.MI 
    Board meeting on Q1 results.
    
    DIARY
    G20 starts "2nd Education Working Group Meeting" via
videoconference; ends on May 14.
    Online edition "Luxury Summit, the new paradigms of the
luxury system: digitalisation and sustainability" with Italian
National Fashion Chamber President Carlo Capasa, fashion house
Dolce & Gabbana CEO Alfonso Dolce, Tod's  TOD.MI  Chairman and
CEO Diego Della Valle, Salvatore Ferragamo  SFER.MI  CEO Micaela
Le Divelec Lemni, Brunello Cucinelli  BCU.MI  advisor Carolina
Cucinelli (0730 GMT).
    Online news conference focus on 'Manufacturing companies in
Lombardy region and their reaction to the pandemic' (0930 GMT).
    Presentation of the Memorandum of Understanding between the
Italian Commissioner's Office for EXPO 2020 Dubai and the
Italian Space Agency with Cabinet Undersecretary Bruno Tabacci,
Italian Space Agency President Giorgio Saccoccia (1300 GMT).
    Financial Times ends online 'Future of the Car Summit' on
"Capitalising on the key trends driving change and growth" with
Stellantis  STLA.MI  CEO Carlos Tavares (1500 GMT), Pirelli
 PIRC.MI  CEO Marco Tronchetti Provera (1540 GMT), AutoX COO
Jewel Li, Daimler Chairman Ola Kallenius.
    Rome, Constitutional Court President Giancarlo Coraggio
presents annual report, with Italian President Sergio Mattarella
and Chamber of Deputies Speaker Roberto Fico (0900 GMT).
    Rome, Cabinet meeting.
    Rome, European Parliament Constitutional Affairs Committee
President Antonio Tajani speaks via videoconference before
Senate and Chamber of Deputies Foreign Affairs and EU Policy
committees on the "Conference on the Future of Europe" (1200
GMT).
    Rome, Senate holds 'question time' with Industry Minister
Giancarlo Giorgetti, Tourism Minister Massimo Garavaglia,
Interior Minister Luciana Lamorgese (1300 GMT).
    Milan, Italian Olympic Committee CONI due to appoint top
management.
    Reggio Emilia, news conference to present soccer "Coppa
Italia" final match Juventus-Atalanta with Emilia-Romagna region
Governor Stefano Bonaccini, Serie A League CEO Luigi De Siervo,
Telecom Italia  TLIT.MI  (TIM) CEO Luigi Gubitosi, Reggio Emilia
Mayor Luca Vecchi (0900 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/
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