Italy - Factors to watch on May 10

Toscana Aeroporti SpA

10/05/2019 05:00

MILANO, May 9 (Reuters) - 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 .
    
    ECONOMY
    ISTAT releases March industrial output (0800 GMT) and March
retail sales (0900 GMT).
    Bank of Italy releases March data on bank lending and
domestic government bond holdings at Italy-based banks.
    Italian Economy Minister Giovanni Tria said on Thursday the
European Union's public finance rules known as the "fiscal
compact" should be scrapped because they are bad for the
economy.  urn:newsml:reuters.com:*:nR1N1XD00X
    
    DEBT
    Treasury sells 6.5 billion euros new 12-month BOT bills.
Subscriptions close at 0900 GMT.
    
    COMPANIES
    BPER BANCA  EMII.MI 
    Italy's sixth-largest bank could speed up its 2021 bad loan
target, Chief Executive Alessandro Vandelli told analysts,
adding he would have a clearer view on this after third quarter.
 urn:newsml:reuters.com:*:nS8N20E00S  urn:newsml:reuters.com:*:nS8N20E00R.
    The lender's profit shrank to 48 million euros in the first
quarter, from 251 million euros in the same period of 2018.
 urn:newsml:reuters.com:*:nL5N22L7W1
    
    CREDEM  EMBI.MI 
    Italian regional bank said on Thursday net profit came at
44.9 million euros in the first quarter, down from 54.6 million
euros a year ago. The lender's CET1 ratio stood at 13.2 percent
at the end of March.  urn:newsml:reuters.com:*:nFWN22L1EV
    
    POPOLARE SONDRIO  BPSI.MI 
    Net profit at the Italian lender fell to 34.9 million euros
in the first quarter from 42.8 million euros in the same three
months of last year.  urn:newsml:reuters.com:*:nFWN22L141
    
    CARIGE  CRGI.MI 
    Prime Minister Giuseppe Conte said on Thursday there were no
plans to nationalise the ailing Italian bank, after U.S. fund
manager BlackRock ditched a proposed rescue it. Conte added that
a market solution to save the lender had to be found instead.
 urn:newsml:reuters.com:*:nR1N21Y002  urn:newsml:reuters.com:*:nL5N22L195
    Carige shares are suspended from trading.
    
    ILLIMITY BANK  ILTY.MI 
    Italian challenger bank is not interested in rescuing
troubled lender Carige, Chief Executive Corrado Passera said on
Thursday. "That's not what we do" he added. 
    Illimity holds a board meeting on Q1 results on Friday.
    
    FINCANTIERI  FCT.MI 
    Italian shipbuilder expects its 2019 growth rate to be in
line with last year after a jump in new orders between January
and March, it said on Thursday.  urn:newsml:reuters.com:*:nL5N22L84T
    Fincantieri holds a conference call on Q1 results on Friday
(0700 GMT). 
    
    SAIPEM  SPMI.MI 
    An explosion has struck an oil-industry vessel operated by
the Italian engineering firm in the Caspian Sea, injuring 14
people, the company said on Thursday.  urn:newsml:reuters.com:*:nFWN22L1F3
    
    TOD'S  TOD.MI    
    The Italian shoes and leather goods company could struggle
to meet market expectations on 2019 results after reporting a
4.3 percent fall in first-quarter revenue on Thursday, a top
executive at the Italian fashion group said.  urn:newsml:reuters.com:*:nL5N22L8HG
    
    MONCLER  MONC.MI 
    Italian luxury outerwear maker posted a 14 percent growth in
first quarter revenues at current exchange rates, helped by
strong sales in mainland China and South Korea.  urn:newsml:reuters.com:*:nL5N22L789
    Moncler sees its profitability in the first half of this
year "more or less" in line with the same period of 2018, the
company's chief corporate and supply officer told analysts on
Thursday  urn:newsml:reuters.com:*:nS8N2100BH
    
    SAFILO  SFLG.MI 
    The eyewear make said on Thursday its sales from continuing
operations rose 3.4 percent in the first quarter. Adjusted
EBITDA stood at 16.5 million euros.  urn:newsml:reuters.com:*:nFWN22L14E
    
    MASSIMO ZANETTI  MZB.MI 
    Italian coffee roaster said on Thursday it confirmed its
forecast for profitability growth in 2019 despite a slight fall
in core earnings in the first quarter.  urn:newsml:reuters.com:*:nL5N22L7I9
    
    UNIPOL GROUP  UNPI.MI , UNIPOLSAI  US.MI 
    Italian financial group and its insurance unit release Q1
results and 2019-2021 strategic plan (0500 GMT), followed by
presentation (0815 GMT) and news conference (1100 GMT) in Milan.
    
    DOBANK  DOB.MI 
    Italy's top bad loan specialist said on Thursday its net
profit stood at 7.7 million euros in the first quarter, up from
6.5 million euros a year ago.  urn:newsml:reuters.com:*:nFWN22L1EY
    Conference call on Q1 results (0930 GMT).
    
    ITALMOBILIARE  ITMI.MI 
    Italian investor said on Thursday its operating profit rose
to 11.4 million euros in the first quarter from 4 million in the
same three months of 2018. Net asset value per share, excluding
treasury shares held in portfolio, stood at 35.5 euros per share
as of March 31.  urn:newsml:reuters.com:*:nFWN22L1EM
    
    CATTOLICA ASSICURAZIONI  CASS.MI 
    Releases Q1 results (0530 GMT), followed by conference call
(0730 GMT).

    BANCA POPOLARE DI BARI  BPBARI.HT 
    Board meeting on FY results.
    
    ATLANTIA  ATL.MI 
    Board meeting on Q1 results.
    
    NEXI  NEXII.MI 
    Board meeting on Q1 results.
    
    AMM  AAMM.MI 
    Board meeting on FY results.
    
    BOMI ITALIA  BOMI.MI 
    Med Platform I Holding ends voluntary full takeover offer on
Bomi Italia ordinary shares and convertible bonds.
    
    CFT  CFTS.MI 
    Annual and extraordinary shareholders' meetings (0830 GMT).
    
    Annual general meetings: ACSM-AGAM  ACAG.MI  (0830 GMT),
CALEFFI  CLFF.MI  (0900 GMT), SOL  SOLS.MI  (0900 GMT),
VISIBILIA EDITORE  VE.MI  (0730 GMT).
    
    Board meetings on Q1 results: BANCA FARMAFACTORING  BFF.MI 
followed by conference call, BANCA SISTEMA  BSTA.MI  followed by
conference call, GEOX  GEO.MI  followed by conference call (1530
GMT), INTERPUMP GROUP  ITPG.MI , POLIGRAFICA SAN FAUSTINO
 PSF.MI , RETELIT  LIT.MI , SIT  SITT.MI , SOL  SOLS.MI 
(sales), TOSCANA AEROPORTI  TYA.MI .
    
    DIARY
    Rome, Prime Minister Giuseppe Conte gives speech at "Data
Driven Innovation Open Summit" (0810 GMT).
    Rome, State railways Ferrovie dello Stato  IPO-FERRO.MI 
Group holds 2019-2023 industrial plan presentation with Chairman
Gianluigi Castelli and CEO Gianfranco Battisti (0830 GMT); Prime
Minister Giuseppe Conte, Economy Minister Giovanni Tria,
Infrastructure and Transport Minister Danilo Toninelli attend.
    Milan, ISTAT holds news conference to launch "Companies
Permanent Census" with ISTAT President Gian Carlo Blangiardo,
banking association ABI Deputy President and Intesa Sanpaolo
 ISP.MI  Chairman Gian Maria Gros-Pietro, insurers' association
ANIA Director General Dario Focarelli (0900 GMT).
    Genova, annual meeting for young builders ANCE "We Unlock
the Future" with ANCE President Gabriele Buia, Infrastrucutre 
Deputy Minister Edoardo Rixi, Genoa Mayor Marco Bucci,
Fincantieri  FCT.MI  CEO Giuseppe Bono, Banca Carige  CRGI.MI 
Special Commissioner Pietro Modiano, Liguria Region Governor
Giovanni Toti (0800 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/ 

 (Reporting By Viviana Venturi)
 ((viviana.venturi@thomsonreuters.com;))