Italy - Factors to watch on Dec. 15

Triboo SpA

15/12/2016 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 
    Italian Prime Minister Paolo Gentiloni won the backing of 
the fragmented Senate on Wednesday, allowing his government to 
formally take office as a new threat emerged to the legacy of 
predecessor Matteo Renzi.  urn:newsml:reuters.com:*:nL5N1E952L 
     
    ECONOMY 
    European Commission President Jean-Claude Juncker said on 
Wednesday in an interview with German television ZDF that he did 
not expect problems in the Italian banking sector would lead to 
a fresh euro zone crisis. urn:newsml:reuters.com:*:nB4N19L01I 
    Bank of Italy releases October data on public finances, 
state borrowing and debt. 
    PwC holds news conference to present report update on "The 
Italian NPS Market" (1000 GMT). 
     
    COMPANIES 
    ITALIAN BANKS 
    European Union rules permit state aid to Italy's banks, and 
the sector needs to be cleaned up because there are too many 
weak lenders in a saturated market, European Central Bank chief 
economist Peter Praet said on Wednesday.  urn:newsml:reuters.com:*:nF9N15G025 
     
    MONTE DEI PASCHI  BMPS.MI  
    The lender's board was meeting on Wednesday and will 
reconvene on Thursday to decide whether the bank can launch a 
last-ditch attempt to raise 5 billion euros on the market, a 
source close to the matter said. The lender will communicate its 
decisions on Thursday, the source added.  urn:newsml:reuters.com:*:nI6N1E400R 
     
    MEDIASET  MS.MI , VIVENDI  VIV.PA  
    French billionaire Vincent Bollore raised the stakes in his 
battle with former Italian prime minister Silvio Berlusconi on 
Wednesday, buying a fifth of Berlusconi's Mediaset broadcaster 
in a hostile raid that drew the ire of Rome.  urn:newsml:reuters.com:*:nL5N1E962J 
    Milan prosecutors on Wednesday opened a preliminary 
investigation into alleged market manipulation after Mediaset's 
top shareholder filed a complaint over Vivendi's stake-building 
in the Italian broadcaster, a judicial source told Reuters. 
 urn:newsml:reuters.com:*:nI6N1E400W 
     
    IL SOLE 24 ORE  S24.MI  
    Main shareholders' employers' association Confindustria 
holds General Council meeting on recapitalisation. 
     
    GEFRAN  GFRN.MI  
    Board meeting to approve budget and three-year business plan 
(1500 GMT). 
     
    M&C  MACA.MI  
    Extraordinary shareholders' meeting (1400 GMT). 
     
    TRIBOO  TB.MI  
    Board meeting on Q3 results. 
     
    ((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/DEC 15