Skip navigation
Newswire

Italy - Factors to watch on April 30

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 .

ECONOMY

ISTAT releases March unemployment data (0800 GMT); April flash CPI and HICP data (0900 GMT).

Reuters releases April asset allocation poll (1100 GMT).

French Economy Minister Emmanuel Macron gives speech at Rome's university.

Economy Minister Pier Carlo Padoan and Finmeccanica CEO Mauro Moretti attend conference on "Competitiveness, Development, Rules and Protections" (0830 GMT).

POLITICS

Italian Prime Minister Matteo Renzi won the first of three confidence votes on a fiercely contested new electoral law on Wednesday, brushing aside opposition from rebels on his own side who walked out of parliament in protest.

COMPANIES

MEDIASET

Former Italian Prime Minister Silvio Berlusconi, who controls Mediaset, met Thai businessman Bee Taechaubol on Wednesday to discuss the sale of a stake in Serie A soccer club AC Milan, which he has owned for almost 30 years.

Berlusconi's son Pier Silvio denied that his family's controlling stake in Mediaset was for sale but both French group Vivendi and Rupert Murdoch's Sky have been reported to be interested in some of its television assets.

ENI

Libyan protesters have shut down an eastern gas field and threaten to close the western Wafa oil and gas field, which would stop gas exports to Italy, a spokesman for state oil firm NOC said on Wednesday.

* ENEL

Moody's said on Wedenesday there was no immediate rating implications for Endesa Chile and Enersis from Enel's proposed reorganization.

GENERALI

Francesco Gaetano Caltagirone, who owns 2.23 percent in the insurer, said on Wednesday he was in favor of introducing a loyalty share scheme at the Italian company.

* EXOR

Bermuda-based Axis Capital Holdings said in a statement late on Wednesday it continued to believe a merger with reinsurer PartnerRe was in the best interests of its shareholders. Exor in April made a bid for PartnerRe.

* PININFARINA

India's Mahindra & Mahindra will spend up to 80 million euros to take over Pininfarina, Il Messaggero said. It would pay 25 million euros to buy the majority stake held by creditor banks. It would then spend 35 million euros to launch a mandatory bid on remaining shares and 20 million euros for recapitalisation, the paper said.

* WORLD DUTY FREE

The CEO of Dufry thinks the planned acquisition of the stake of Edizione in World Duty Free will be completed in the third quarter, adding it would not be a problem if, after the subsequent mandatory takeover bid, the travel retail group remained listed, Il Sole 24 Ore said.

* STMICROELECTRONICS

Franco-Italian semiconductor maker STMicroelectronics posted slightly weaker-than-expected first-quarter results on Thursday and warned that it anticipated little pickup in the current quarter.

CNH INDUSTRIAL

The company holds board meeting on Q1 results, followed by conference call (1500 GMT).

RCS MEDIAGROUP

Board meeting.

Shareholders' meeting:

ASSICURAZIONI GENERALI, CAMPARI GROUP (0730 GMT), TELECOM ITALIA MEDIA (1330 GMT), AZIMUT , SAIPEM, YOOX.

Bourse After Hours market closed.

For Italian market data and news, click on codes in brackets:

20 biggest gainers (in percentage)............

20 biggest losers (in percentage).............

FTSE IT allshare index

FTSE Mib index........

FTSE Allstars index...

FTSE Mid Cap index....

Block trades..........

Stories on Italy...... <IT-LEN>

For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:...............................