Italy - Factors to watch on Nov. 29

TraWell SpA

29/11/2018 05:00

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 .
    
    POLITICS
    Milan, European Central Bank Supervisory Board member
Ignazio Angeloni attends "The Italian Banking Conference 2018"
organised by Luiss Business School and Harvard Business Review.
    Rome, Bank of France Governor Francois Villeroy de Galhau
attends conference on "What Prospects for the Euro Zone?" (1700
GMT).
    Rome, European Investment Bank (BEI) holds conference with
Deputy Chairman Dario Scannapieco.
    
    ECONOMY
    Assogestioni releases October fund flows data.
    
    DEBT
    Treasury sells 1.5-2.0 billion euros 2.45 percent BTP bonds
due Oct. 1, 2023; 1.75-2.25 billion euros 2.80 percent BTP bonds
due Dec. 1, 2028 and 0.75-1.25 billion euros following two CCTeu
bonds due Oct. 15, 2024 and Sept. 15, 2025. Subscriptions close
at 1000 GMT.
    
    COMPANIES
    
    FCA  FCHA.MI 
    Meeting with trade union organizations for the presentation
of production plan of Italian factories in Turin (1000 GMT);
followed by news conference by Chief Operating Officer EMEA
Pietro Gorlier.
    
    LUXOTTICA  LUX.MI 
    The eyewear group heads towards de-listing after more than
80 percent of investors targeted by takeover offer tendered in
their shares.  urn:newsml:reuters.com:*:nS8N1X504Y
    
    BANCO BPM  BAMI.MI 
    Board meeting on sale of non-performing-loans.
    Italy's third-largest bank Banco BPM will discuss an up to
8.6 billion euro bad loan sale at a board meeting on Thursday,
picking one or two bidders to continue talks with, three sources
familiar with the matter said. urn:newsml:reuters.com:*:nL8N1Y36OZ
    
    UNICREDIT  CRDI.MI 
    U.S. fund Pacific Investment Management Co (Pimco) has
bought all of a $3 billion, five-year bond offered with a hefty
return by Italy's top bank UniCredit CRDI.MI to comply with
capital buffer rules, two sources familiar with the matter
said.nL8N1Y35L2]
    Pimco has made a Christmas turkey out of UniCredit. The
Italian lender paid nearly 8 per cent to raise $3 billion,
entirely from the U.S. bond giant. Paying up for certainty makes
sense. But like a last-minute shopper who has delayed sorting
out Christmas dinner until the final moment, UniCredit could and
should have been more organized. urn:newsml:reuters.com:*:nL8N1Y3398
    
    CNH INDUSTRIAL  CNHI.MI 
    Ordinary shareholders' meeting (0800 GMT).
    
    SAFE BAG  SBG.MI 
    2018-2021 industrial plan presentation (1000 GMT).
    
    M&A, EVOCA
    Private equity fund Lone Star has hired Deutsche Bank to
explore a potential sale of its Italian vending and coffee
machine maker Evoca, which includes iconic brand Gaggia, Evoca
CEO Andrea Zocchi told Reuters on Wednesday. urn:newsml:reuters.com:*:nL8N1Y36F4
    
    ((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/