August 8, 2019 / 4:00 AM / 11 days ago

Italy - Factors to watch on Aug. 8

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 .

POLITICS

The Italian Senate on Wednesday rejected a motion by one of the ruling coalition parties, the 5-Star Movement, to block an alpine rail link with France, paving the way for the long-contested project to continue.

ECONOMY

OECD releases June composite leading indicator (1000 GMT).

COMPANIES

Bourse After Hours market closed.

FERRARI

Morgan Stanley has raised its price target for the company to $175 from $160 with ‘overweight’.

JUVENTUS

Juventus have completed a deal with Manchester City which will bring defender Danilo to Turin in exchange for right back Joao Cancelo, the two clubs said on Wednesday.

BPER BANCA

Italian lender BPER Banca said on Wednesday its net profit fell slightly in the second quarter, dragged down by higher loan-loss provisions and weak revenues.

TOD’S

Italian shoemaker Tod’s said on Wednesday it would push on with investments in promoting its brands and that falling sales had not tempted the controlling family to take the luxury firm private.

DOVALUE

Bookrunner says shareholders are selling 6.3% stake in the company via accelerated book building.

MASSIMO ZANETTI

Italian coffee maker Massimo Zanetti revised down its forecast for core earnings in 2019 after reporting a slight fall in its first-half sales.

ASSITECA

Investment company Tikehau Capital has bought a 23.43% stake in the company buying into a reserved capital increase of 25 million euros.

BANCA POPOLARE DI SONDRIO

Board meeting on H1 results.

CREDITO EMILIANO

Board meeting on H1 results.

CATTOLICA ASSICURAZIONI

Board meeting on H1 results (press release on Aug. 9).

DIARY

Rome, Prime Minister Giuseppe Conte holds news conference ahead of summer break (0900 GMT).

Rome, Infrastructure and Transport Minister Danilo Toninelli delivers closing address at news conference to present guidelines on motorway viaducts’ maintenance (0800 GMT).

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:...............................

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