The following factors could affect Italian markets on Wednesday.
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
Italy's 5-Star Movement said on Tuesday it wanted to pursue
government coalition talks with the centre-left Democratic Party
(PD) and slammed the door on any further discussions with the
centre-right bloc. urn:newsml:reuters.com:*:nR1N1R5011
COMPANIES
MEDIASET MS.MI
Italy's biggest private broadcaster said on Tuesday it
returned to profit last year after a failed pay-TV deal with
France's Vivendi VIV.PA dragged the group into the red in
2016. urn:newsml:reuters.com:*:nS8N1LF01J
The group's CFO said the deal with Sky's Italy unit will
improve the group's Italian EBIT by 60-70 million euros per
year. urn:newsml:reuters.com:*:nS8N1LF01L He added that the TV group is in contact with
Telecom Italia TLIT.MI , but only over the rights for the
retransmission of free-to-air programmes.
LEONARDO LDOF.MI
The German defence ministry on Tuesday received bids from
Airbus AIR.PA and the U.S. government - representing Lockheed
Martin LMT.N and Boeing BA.N - for the replacement of its
fleet of 90 ageing Tornado fighter jets. Airbus is pitching the
Eurofighter, a joint programme with Britain's BAE Systems
BAES.L and Italy's Leonardo. urn:newsml:reuters.com:*:nL8N1S172V
ARNOLDO MONDADORI EDITORE MOED.MI
CEO Ernesto Mauri said the group was yet to receive an offer
for its French magazines from rival Reworld Media ALREW.PA and
would consider it carefully when it came. urn:newsml:reuters.com:*:nI6N1RO018
CREDITO VALTELLINESE PCVI.MI
Societe Generale held a 4.23 percent stake in the Italian
bank as of April 19, mostly through borrowed securities,
regulatory filings showed on Tuesday. Morgan Stanley held 0.24
percent of Creval on April 18 having cut a previous 5.79 percent
stake acquired on April 16 mostly through borrowed securities.
SAIPEM SPMI.MI
Morgan Stanley cut on Tuesday its price target to 5.40
eurors from 6 euros. urn:newsml:reuters.com:*:nFWN1S119E
STMICROELECTRONICS STM.MI
Releases Q1 results (before European bourses opening);
followed by conference call (0730 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/