Italy - Factors to watch on June 1
Aris Mining Corp ARIS | 0.00 | |
Jpmorgan Chase JPM | 0.00 |
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
ECONOMY
S&P Global manufacturing PMI for May (0745 GMT)
May car registrations
May state sector budget balance
COMPANIES
STELLANTIS STLAM.MI
The Trump administration wants to increase the level of regional content in North American-built vehicles to 82% to qualify for preferential treatment under the U.S.-Mexico-Canada Agreement on trade, with 50% of that value produced in the United States, four people familiar with the U.S. negotiating position said on Friday.
(*) New car registrations in France for the Franco-Italian automaker fell by 7.71% last month from a year earlier.
(*) GENERALI GASI.MI
Italy's top insurer said on Friday that Moody's Ratings had upgraded its financial strength rating to 'A1' from 'A2' with a 'stable' outlook, citing its strong business profile and diversification by business lines and low product risk.
UNIPOL UNPI.MI
The insurance company said on Friday that credit rating agency Moody's had upgraded its Insurer Financial Strength Rating (IFSR) to 'A3', with a stable outlook.
(*) ARISTON ARIS.MI
Barclays raised on Monday its rating on the Italian water heating firm to 'equal-weight' from 'underweight' with a target price of €3.3 from previous €3.1.
MOLTIPLY MOL.MI
The Italian company is considering options for its financial services outsourcing division, including a partial or full sale, two sources close to the matter said.
(*) PHARMANUTRA PHNU.MI
The Italian mineral supplements maker aims to increase the share of exports to 50% of revenue from 40% and is very "attentive" to acquisition opportunities, CEO Roberto Lacorte told L'Economia, the supplement of Corriere della Sera. He added that the company frequently receives proposals for acquisitions, including from Latin America.
(*) SS LAZIO LAZI.MI
The soccer club on Sunday denied press reports of a €450-million purchase proposal from JPMorgan JPM.N.
(*) M&A, CATANIA AIRPORT OPERATOR SAC
The Benetton family is expected to submit an expression of interest for Sicily's Catania airport, in which a stake of at least 51% has been put up for sale, Il Fatto Quotidiano reported on Monday.
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/
