Italy - Factors to watch on June 6
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
Italy's contested migrant reception centre being built in Albania will be operational from August, Prime Minister Giorgia Meloni said on Wednesday, presenting the "tool of deterrence" during a visit to the Balkan country.
ECONOMY
ISTAT releases April retail sales data (0800 GMT).
OECD releases May composite leading indicator data (1000 GMT).
COMPANIES
(*) MONTE DEI PASCHI BMPS.MI
The bank could reorganise its insurance business when it updates its strategy in August, MF reported citing two financial sources, adding analysts are saying it could use its 2 billion euros in excess capital to buy French insurance partner AXA's share in their joint venture.
(*) FINECOBANK FBK.MI
The bank said on Thursday that total net inflows in May stood at 945.6 million euros.
(*) BANCA MEDIOLANUM BMED.MI
The banks said on Thursday that total net inflows in May were at 789 million euros.
(*) STELLANTIS STLAM.MI
The automaker on Wednesday said no additional recalls were planned over faulty airbags from a supplier after newspaper Le Parisien reported the company was set to widen recalls for some Citroen models produced between 2009 and 2019.
MFE-MEDIAFOREUROPE MFEB.MI, MFEA.MI
The TV group controlled by Italy's Berlusconi family, sees its advertising revenue growing 6% in the first half of this year, CEO Pier Silvio Berlusconi said on Wednesday.
FINCANTIERI FCT.MI
Fincantieri Chief Executive Pierroberto Folgiero recently pitched the idea of a tie-up with Thyssenkrupp's defense division, which is currently up for sale, to members of Germany's government, Handelsblatt reported on Wednesday.
(*) The state-controlled group does not need capital to support the company which is "ever more solid", its CEO told daily Il Sole 24 Ore in an interview published on Thursday , referring to the issuance approved to support the recent acquisition of submarine business UAS.
(*) LEONARDO LDOF.MI
The defence group has called some international investment banks, including UBS, to study the purchase of Iveco Defence Vehicles (IDV), according to Corriere della Sera daily. Estimates set the value of IDV at around 750 million euros, but analysts see a higher valuation in light of the multiples for the sector.
(*) SS LAZIO LAZI.MI
Coach Igor Tudor has resigned after less than three months in charge, the Serie A club said on Wednesday. According to multiple media reports, outgoing Verona coach Marco Baroni is a leading candidate to replace him.
TOD'S TOD.MI
Last of two-day share suspension from trading on Euronext Milan bourse, ahead of delisting on June 7.
DIARY
Rome, ISTAT holds conference "The measurement of corruption in Italy; analysis, state of the art and prospects" (0800 GMT).
Rome, trade union FIRST CISL holds initiative "The economic and social role of insurance in the changing era" with insurers' association ANIA President Maria Bianca Farina, Industry Minister Adolfo Urso, Assicurazioni Generali GASI.MI Italian unit CEO Giancarlo Fancel, Allianz ALVG.DE Italian CEO Giacomo Campora (0730 GMT).
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/
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