Italy - Factors to watch on May 29

Trevi Finanziaria Industriale SpA

29/05/2020 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 .
    
    CORONAVIRUS
    Deaths from the COVID-19 epidemic in Italy climbed by 70 on
Thursday, against 117 the day before, the Civil Protection
Agency said, while the daily tally of new cases edged up to 593
from 584 on Wednesday.  urn:newsml:reuters.com:*:nR1N2C900A
    
    ECONOMY
    ISTAT releases Q1 GDP final data (0800 GMT); May flash CPI
and HICP data (0900 GMT).
    
    DEBT
    Treasury sells 2.0-2.5 billion euros 1.85% BTP bonds due
July 1, 2025; 3.5-4.0 bilion euros 0.95% BTP bonds due Aug. 1,
2030; 0.75-1.0 billion euros CCTeu bonds due Dec. 15, 2023.
Subscriptions close at 0900 GMT.
    
    COMPANIES
    ATLANTIA  ATL.MI 
    Italy's Benetton family is open to cutting its stake in the
infrastructure group as a way to loosen its grip on motorway
unit Autostrade, the head of the Benettons' holding company
Edizione said on Thursday.  urn:newsml:reuters.com:*:nL8N2DA5MF
    Annual general meeting (0800 GMT).
    
    FIAT CHRYSLER  FCHA.MI 
    The board of Italy's export credit agency SACE has approved
state guarantees covering 80% of a 6.3 billion euro bank loan
for the automaker, a source close to the matter said on
Thursday.  urn:newsml:reuters.com:*:nL8N2DA704
    Moody's on Thursday confirmed the automaker's "Ba1"
corporate rating. The outlook is "developing". The rating action
concludes a review with direction uncertain that began on March
25.  urn:newsml:reuters.com:*:nBIA9HxFGd  urn:newsml:reuters.com:*:nMDY5T7n0m
    
    JUVENTUS  JUVE.MI , LAZIO  LAZI.MI , AS ROMA  ASR.MI 
    Italy's top-flight Serie A soccer league has been given the
go-ahead to restart on June 20 following the novel coronavirus
stoppage, the country's sports minister Vincenzo Spadafora said
on Thursday.  urn:newsml:reuters.com:*:nL8N2DA6J9
    
    PRADA  1913.HK 
    The Italian fashion group's sales in China rose
"significantly" more than 10% in May, Chief Executive Patrizio
Bertelli told Bloomberg TV on Thursday.  urn:newsml:reuters.com:*:nL4N2DA40P
    
    CREDITO VALTELLINESE  PCVI.MI 
    Morgan Stanley's had a 6.42% potential indirect stake in the
Italian lender as of May 22, up from 5.32% on May 19, market
regulator Consob said on Thursday in a filing.
    
    SAIPEM  SPMI.MI  
    Bank of Italy held a 1% stake in the energy contractor as of
May 22, market regulator Consob said on Thursday in a filing.
    
    ITALGAS  IG.MI  - Bank of Italy held a 1% stake in the gas
operator as of May 20, market regulator Consob said on Thursday
in a filing.
    
    GUALA CLOSURES  GCL.MI 
    Special Packaging Solutions Investments, a vehicle owned by
private equity fund Investindustrial, said on Thursday that
Italian Prime Minister's Office had informed it that 'golden
power' rules did not apply to its possible purchase of to 20% of
the bottle caps maker voting capital.
    
    TREVI FINANZIARIA INDUSTRIALE  TFI.MI 
    Investors have subscribed 35.4% of the new shares the group
offered in a capital increase, for a total amount of 46 million
euros, Trevi said on Thursday.
    
    BANCA CARIGE  CRGI.MI  (suspended from trading)
    Ordinary and extraordinary shareholders' meetings (0830
GMT).
    
    ANIMA HOLDING  ANIM.MI 
    Ends buy-back of its 300 million euro bond due 2026.
    
    DIARY
    Rome, Bank of Italy Governor Ignazio Visco gives final
considerations on the occasion of the presentation of the 2019
annual report via TV and streaming (0830 GMT).
    Rome, National health institute ISS President Silvio
Brusaferro (0700 GMT) and Italian federation of car dealers
Federauto (0915 GMT) speak before Senate and Chamber of Deputies
Budget committees on the government's latest stimulus package.
    "Milano Digital Week" continues online edition; ends on May
30. Expected attendees include Telecom Italia  TLIT.MI  (TIM)
Chairman Salvatore Rossi (1500 GMT).
    Milan, Luigi Sacco hospital inaugurates new intensive care
unit with Industry Vice Minister Stefano Buffagni, Health Vice
Minister Pierpaolo Sileri, Lombardy governor Attilio Fontana;
Milan Mayor Giuseppe Sala expected to attend (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/