Italy - Factors to watch on April 8
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
The Iranian people must not be made to pay for the actions of their government, Italy said on Tuesday, after U.S. President Donald Trump threatened that "a whole civilization will die tonight."
ECONOMY
Local suppliers stepped in to resolve a temporary jet fuel shortage at four Italian airports, three sources told Reuters on Tuesday, amid a sharp rise in jet fuel prices since the start of the U.S-Israel war with Iran.
OECD releases March composite leading indicator data (1000 GMT).
Bank of Italy releases March data on Target 2 liabilities and European Central Bank funding to Italian banks.
DEBT
The Treasury said on Tuesday it would sell 10 billion euros ($11.57 billion) of BOT bills at an auction on April 9.
The Treasury on Wednesday announces the sale of BTP bonds, with relative amounts to be auctioned on April 10.
COMPANIES
ENEL ENEI.MI
Brazil's power regulator Aneel decided on Tuesday to move forward with a forfeiture process that could ultimately lead to the termination of a concession held by a local unit of the Italian utility in Sao Paulo, preventing the automatic renewal of its contract.
MONTE DEI PASCHI DI SIENA BMPS.MI
The lender said on Tuesday that it had terminated CEO Luigi Lovaglio's contract as general manager, weeks after stripping him of his executive powers.
(*) BANCO BPM BAMI.MI
Proxy adviser Glass Lewis has recommended Banco BPM's shareholders to vote in favour of the slate of directors proposed by the current board at the general annual meeting on April 16, several newspapers reported on Wednesday.
The list includes current CEO Giuseppe Castagna and chairman Massimo Tononi.
(*) STELLANTIS STLAM.MI
U.S. carmakers have accused Brussels of keeping their largest pick-up trucks, including the Ford F-150, the Chevy Silverado and the Ram 1500, off European roads, the Financial Times reported on Wednesday.
(*) NEWPRINCES NWLF.MI
The food and retail group is considering five potential acquisitions of European food producers, with two deals expected to be closed by year-end, CEO Angelo Mastrolia told daily la Repubblica in an interview published on Wednesday.
The group's revenues could rise by 1.8 billion euros if all five deals are completed, he added.
(*) FERRETTI YACHT.MI
Piero Ferrari, a board member of the Italian yacht maker, has decided to tender his shares in the offer by Czech investment firm KKCG Maritime after the bid price was raised to 3.90 euros per share, several newspapers reported on Wednesday citing a statement from the entrepreneur.
DIARY
Rome, Infrastructure and Transport Minister Matteo Salvini holds news conference (0900 GMT).
((Milan newsroom, e-mail: reutersitaly@thomsonreuters.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
World Indices.....................................0#.INDEX
Reuters survey of world bourse outlook.........EQUITYPOLL1
Western European IPO diary..........................WEUIPO
Reuters News at a Glance: Equities...............TOP/EQE
Main currency report:...............................FRX/
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