Italy - Factors to watch on December 28

Vincenzo Zucchi SpA

28/12/2015 05:00

The following factors could affect Italian markets on Monday. 
    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 . 
     
    DEBT 
    Italy's debt issuance is set to fall in 2016 thanks to much 
lower redemptions and a smaller budget deficit, the treasury 
said on Wednesday.  urn:newsml:reuters.com:*:nL8N14C38O 
     
    COMPANIES 
    Bourse After Hours trading closed. 
     
    FIAT CHRYSLER AUTOMOBILES  FCHA.MI , EXOR  EXOR.MI  
    The top two investors in Ferrari have signed a shareholder 
pact giving them a total voting power of nearly 50 percent to 
keep firm grip on the sports car maker after it separates from 
Fiat Chrysler Automobiles, Exor said on Wednesday.  urn:newsml:reuters.com:*:nL8N14C343 
     
    ENI  ENI.MI  
    Egypt has reached an agreement with the Italian oil major to 
launch work at Zohr gas field, the country's Petroleum Minister 
Tarek El-Molla said on Saturday according to a statement 
published by the State information service website. 
     
    TELECOM ITALIA  TLIT.MI  
    The Italian phone company said on Wednesday it would appeal 
to Lazio administrative court against a fine by Italy's 
competition authority.  urn:newsml:reuters.com:*:nI6N13P02O 
     
    VENETO BANCA  IPO-VENE.MI  
    The lender has set up a banking consortium to run a planned 
rights issue of up to 1 billion euros that will take place in 
the second quarter of next year, it said, adding Banca IMI 
 ISP.MI  will act as sole global coordinator and bookrunner. 
     
    MONTE DEI PASCHI  BMPS.MI  
    On Dec. 24 the bank signed an agreement with labour unions 
to reduce the wages of 180 top executives by 2.5 percent, Fabi 
union said in a statement on Saturday, adding this deal spreads 
more evenly the burden of cost cutting measures required by the 
European Central Bank as part of its restructuring plan.  
     
    ITALIAN BANKS 
    Oliver Wyman and Societe Generale will advise the four small 
Italian banks rescued in November on the sale of their assets, 
la Repubblica reported on Sunday.  
     
    GENERALI  GASI.MI  
    The insurer will cut costs for more than the 780 million 
euros planned for this year, COO Carsten Schildknecht told Il 
Sole 24 Ore on Sunday, adding this will allow Generali to invest 
more to develop its business.   
     
    FINCANTIERI  FCT.MI  
    British Telecom top executive Corrado Sciolla will likely 
become Fincantieri new CEO, la Repubblica reported on Thursday, 
adding the group could announce a cash call in March. 
     
    ZUCCHI  ZUCI.MI  
    French private equity group Astrance will subscribe a 
10-million-euro cash call for the cash-strapped company, Zucchi 
said on Wednesday, adding it had reached an agreement with 
creditor banks over a debt restructuring. 
     
    DELCLIMA  DLCL.MI  
    Mitsubishi Electric Corporation  6503.T  said on Wednesday 
it would launch a mandatory tender offer on the 25 percent of 
DeLclima it does not already own at 4.5271 euros per share. 
 urn:newsml:reuters.com:*:nBIA232c4 
     
    ASSITECA  ASSI.MI  
    Trades ex-dividend of 0.03 euro per share. 
     
    TERNIENERGIA  TRNI.MI  
    Ordinary shareholders' meeting (1000 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/  
 
 
Keywords: ITALY FACTORS/28