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18:0116-02-2018
Italy's FTSE MIB Closes 1.3% Higher at 22797.8 Points
12:0017-02-2018
Defusing Europe's Poverty Time Bomb -- Barron's
10:0516-02-2018
Currency Rates Of Pulp and Paper Producing Countries
21:5116-02-2018
G7 Political, Economic Calendar - Week Ahead
16:2116-02-2018
Wind Tre Denies Engaging in Anti-Competitive Behavior
07:5716-02-2018
Eni Expects 2018 Capital Expenditure at About EUR8B
07:5516-02-2018
Eni 4Q Net Pft EUR2.10B
09:3416-02-2018
Saffron Energy Shares Rise 53% on Return from Suspension
12:0017-02-2018
This Week: Preview -- Barron's
09:0116-02-2018
Eni Shares Trade 2% Higher After 4Q Results
21:5216-02-2018
G7 Political, Economic Calendar - Week Ahead
18:0516-02-2018
General Cable Corp Stockholders Approve Acquisition by Prysmian Group
08:2816-02-2018
ENI Net Profit Rose Six-Fold in 4Q on Higher Crude, Sales
18:0516-02-2018
Milan Closing Stock Prices
21:5216-02-2018
G7 Political, Economic Calendar - Week Ahead -2-
07:5516-02-2018
G7 Political, Economic Calendar -- Week Ahead
12:0017-02-2018
This Week: Preview
09:0116-02-2018
Italy's FTSE MIB Rises 1% in Opening Trade
18:0116-02-2018
Italy's FTSE MIB Closes 1.3% Higher at 22797.8 Points

(END) Dow Jones Newswires

February 16, 2018 12:01 ET (17:01 GMT)

12:0017-02-2018
Defusing Europe's Poverty Time Bomb -- Barron's
By Edoardo Campanella 

The poor don't often decide elections in the advanced world, and yet they are being wooed heavily in Italy's current electoral campaign. Former Prime Minister Silvio Berlusconi, the leader of Forza Italia, has proposed a "dignity income," while Beppe Grillo, the comedian and shadow leader of the Five Star Movement, has likewise called for a "citizenship income."

Both of these proposals -- which would entail generous monthly payments to the disadvantaged -- are questionable in terms of their design. But they do at least shed light on the rapidly worsening problem of widespread poverty across Europe.

Poverty represents an extreme form of income polarization, but it is not the same thing as inequality. Even in a deeply unequal society, those who have less do not necessarily lack the means to live a decent and fulfilling life. But those who live in poverty do, because they suffer from complete social exclusion, if not outright homelessness. Even in advanced economies, the poor often lack access to the financial system, struggle to pay for food or utilities, and die prematurely.

Not all of the poor live so miserably. But many do, and in Italy their electoral weight has become undeniable. Almost five million Italians, or roughly 8% of the population, struggle to afford basic goods and services. And in just a decade, this cohort has almost tripled in size, becoming particularly concentrated in the country's south. At the same time, another 6% live in relative poverty, meaning they don't have enough disposable income to benefit from the country's average standard of living.

The situation is equally worrisome at a Continental level. In the European Union in 2016, 117.5 million people, or roughly a fourth of the population, were at risk of falling into poverty or a state of social exclusion. Since 2008, Italy, Spain, and Greece have added almost six million people to that total, while in France and Germany the proportion of the population that is poor has remained stable, at about 20%.

In the aftermath of the 2008 financial crisis, the probability of falling into poverty increased overall, but particularly for the young, owing to cuts in nonpension social benefits and a tendency in European labor markets to preserve insiders' jobs. From 2007 to 2015, the proportion of Europeans ages 18 to 29 at risk of falling into poverty increased from 19% to 24%; for those 65 and older, it fell from 19% to 14%. The share of young people now experiencing severe material deprivation, at 12% of the total population, is almost twice that of the elderly. As Christine Lagarde, the International Monetary Fund's managing director, noted at the World Economic Forum's meeting in Davos this year, young Europeans "are putting their dreams on hold."

Although the current economic upswing could partly reverse the trend in youth poverty, the structural factors underlying the problem will remain. Workers' skills can deteriorate irreparably during stints of long-term unemployment, or can suddenly be rendered obsolete by rapid advances in technology. For many poor people, rejoining the workforce will either be impossible or require them to settle for precarious, low-paid jobs that leave them vulnerable to the next downturn. According to the Organization for Economic Cooperation and Development, 14% of the working-age population in Spain and Greece in recent years was employed but still in poverty.

IN UNEQUAL SOCIETIES, resources can be redistributed from the very rich to the rest via progressive taxation, monetary transfers, and salary caps. But eliminating poverty requires more than merely reapportioning the economic pie. The poor also must be re-empowered and reintegrated into societies that have pushed them to the margins. Ultimately, it isn't just a matter of political stability and economic fairness, but also human dignity.

Looking ahead, Europe's welfare states will need to be reformed to address current realities. The elderly are no longer the most economically vulnerable members of European society, but they still receive the largest slice of the pie. Governments should reduce pension benefits in favor of the poor, the unemployed, and the young. These three groups, which often overlap, are in desperate need of financial assistance, skills training, and family-friendly policies.

European governments should also overhaul their tax systems to make older workers contribute more, offer fiscal incentives to companies that hire disadvantaged workers, and move toward establishing an EU-wide poverty-insurance scheme. And entrepreneurs and private firms should invest more in social programs in the communities where they are active.

While Berlusconi (who is barred from running for office) and Grillo have homed in on the problem of poverty, their proposed solutions are nothing more than short-term fixes. A basic-income plan might provide some immediate financial relief to the poor, but wouldn't address the structural causes of poverty. Even worse, because neither proposal seriously encourages the unemployed to seek work or training programs, the poor could end up reliant on state assistance forever. And it isn't as if such policies would be budget-neutral. Rather, they would have to be funded by politically unpopular tax increases or spending cuts.

Still, as Berlusconi and Grillo have made clear, Europe's leaders can no longer afford to ignore the poverty problem. They will have to offer real solutions, not simplistic schemes. As oblivious elites often learn the hard way, the poor will endure their lot only for so long.

EDOARDO CAMPANELLA is a Future of the World fellow at the Center for the Governance of Change of IE University in Madrid.

Copyright: Project Syndicate, 2018.

Email: editors@barrons.com

To subscribe to Barron's, visit http://www.barrons.com/subscribe

(END) Dow Jones Newswires

February 17, 2018 06:00 ET (11:00 GMT)

10:0516-02-2018
Currency Rates Of Pulp and Paper Producing Countries
 
                                           Current        Prior 
  Argentina (Peso)                ARS     19.65650     19.89750 
  Australia (Dollar)              AUD      1.25219      1.25770 
  Brazil (Real)                   BRL      3.22780      3.21750 
  Canada (Dollar)                 CAD      1.24535      1.24835 
  China (Yuan)                    CNY      6.34230      6.34250 
  European Union (Euro)           EUR      0.79748      0.80093 
  India (Rupee)                   INR     64.01500     63.91500 
  Indonesia (Rupiah)              IDR  13559.00000  13558.00000 
  Japan (Yen)                     JPY    105.84100    106.36200 
  Korea, South (Won)              KRW   1063.11000   1067.50000 
  Mexico (Peso)                   MXN     18.47650     18.49910 
  New Zealand (Dollar)            NZD      1.34517      1.35099 
  Norway (Krone)                  NOK      7.71910      7.78800 
  Poland (Zloty)                  PLN      3.31015      3.32955 
  Russia (Ruble)                  RUB     56.32610     56.64090 
  South Africa (Rand)             ZAR     11.57550     11.66660 
  Sweden (Krona)                  SEK      7.89840      7.93780 
  Switzerland (Franc)             CHF      0.91910      0.92480 
  Taiwan (Dollar)                 TWD     29.00300     29.08200 
  Thailand (Baht)                 THB     31.24000     31.32000 
  Turkey (New Lira)               TRY      3.75630      3.77720 
  United Kingdom (Pound Sterling) GBP      0.70786      0.71195 
 
 
 
All currencies are quoted in units of currency per U.S. dollar. 
 
Source: Tullett Prebon. 
 

(END) Dow Jones Newswires

February 16, 2018 04:05 ET (09:05 GMT)

21:5116-02-2018
G7 Political, Economic Calendar - Week Ahead
All dates are in Eastern Time. 
 
Sunday, February 18, 2018                                      Exp        Prev 
 ET 
1850  JPN  Jan      Provisional Trade Statistics for the Month 
                       Trade Balance (JPY)                     1.004T     359.0B 
                       Exports, Y/Y%                                      +9.3% 
                       Imports, Y/Y%                                      +14.9% 
                       Exports To Asia, Y/Y%                              +9.9% 
                       Exports To China, Y/Y%                             +15.8% 
                       Exports To US, Y/Y%                                +3.0% 
                       Exports To Europe, Y/Y%                            +11.4% 
1901  UK   Feb      Rightmove Monthly House Price Index 
                       House Prices, M/M%                                 +0.7% 
                       House Prices Y/Y%                                  +1.1% 
N/A   FRA           FATF Plenary and Working Group meetings 
 
Monday, February 19, 2018                                      Exp        Prev 
 ET 
0400  EU   Dec      Euro area balance of payments 
0500  ITA  Dec      Balance of Payments 
                       Current Account (EUR)                              4.881B 
0500  EU   Dec      Construction output 
0600  GER  Feb      Bundesbank monthly report 
0600  FRA  Q4       OECD Quarterly National Accounts: GDP growth 
1345  UK            Bank of England Governor Mark Carney speaks at Regents 
                    University 
N/A   US            U.S. Presidents Day / Washington's Birthday. Financial 
                    markets closed 
N/A   CAN           Canada: Family Day local holiday. Financial markets closed 
N/A   UK            Bank of England Chief Economist Andy Haldane participates in 
                    Blackpool Council event 
N/A   EU            Eurogroup meeting of eurozone finance ministers 
N/A   GER           Angela Merkel meets Dutch PM Rutte, World Bank President Kim 
                    and Luxembourg PM Bettel 
 
Tuesday, February 20, 2018                                     Exp        Prev 
 ET 
0000  JPN  Jan      Steel Production 
0100  JPN  Jan      Revised Machine Tool Orders 
0200  GER  Jan      PPI 
0200  JPN  Jan      Convenience Store Sales 
0430  UK   Jan      Capital issuance 
0500  GER  Feb      ZEW Indicator of Economic Sentiment 
                       Current Conditions                                 95.2 
                       Economic Expectations                              20.4 
0600  UK   Feb      CBI Monthly Industrial Trends Survey 
0600  UK   Jan      Aluminium Production report 
0830  CAN  Dec      Wholesale trade 
                       Wholesale Inventories, M/M%                        -1.2% 
                       Wholesale Trade, M/M%                              +0.7% 
1000  EU   Feb      FCCI Flash Consumer Confidence Indicator 
                       Consumer Conf Idx                                  1.3 
1930  JPN  Feb      Japan Flash Manufacturing PMI 
2330  JPN  Dec      All Industry Index 
N/A   EU            ECOFIN meeting of EU finance ministers 
N/A   FRA           OECD Illicit Financial Flows report 
 
Wednesday, February 21, 2018                                   Exp        Prev 
 ET 
0000  JPN  Jan      Supermarket sales 
0030  JPN  Jan      Tokyo area department store sales 
0030  JPN  Jan      Nationwide department store sales 
                       Sales, Y/Y%                                        -0.6% 
0300  EU            Eurogroup President Mario Centeno attends European Parliament 
                    ECON Committee meeting 
0300  FRA  Feb      France Flash PMI 
                       PMI, Composite                                     59.7 
                       PMI, Mfg                                           58.1 
                       PMI, Services                                      59.3 
0330  GER  Feb      Germany Flash PMI 
                       PMI, Composite                                     58.8 
                       PMI, Mfg                                           61.2 
                       PMI, Services                                      57.0 
0400  EU   Feb      Eurozone Flash PMI 
                       PMI, Composite                                     58.6 
                       PMI, Mfg                                           59.6 
                       PMI, Services                                      57.6 
0430  UK   Jan      Public sector finances 
                       PSNB ex (GBP)                                      2.6B 
                       PSNB ex, Yr Ago (GBP)                              5.1B 
                       PSNCR (GBP)                                        27.4B 
                       PSNCR ex Yr Ago (GBP)                              33.8B 
0430  UK   Jan      UK monthly unemployment figures 
                       Avg Earnings Ex-Bonuses, 3-Mo                      +2.4% 
                       Jobless Claimants % of Workforce                   2.4% 
                       Jobless Claimants-Adj                              +8600 
                       Unemployment Rate, 3-Mo                            4.3% 
                       Unemployment, Net Chg, 3-Mo                        -3000 
0700  US   02/16    MBA Weekly Mortgage Applications Survey 
                       Composite Idx                                      399.4 
                       Composite Idx, W/W%                                -4.1% 
                       Purchase Idx-SA                                    240.4 
                       Purchase Idx-SA, W/W%                              -5.9% 
                       Refinance Idx                                      1274.0 
                       Refinance Idx, W/W%                                -1.9% 
0745  US   02/17    The Retail Economist/Goldman Sachs Weekly Chain Store Sales 
                    Index 
                       Chain Store Sales, W/W%                            +1.8% 
                       Chain Store Sales, M/M%                            +1.6% 
0855  US   02/17    Johnson Redbook Retail Sales Index 
                       Ret Sales Mo-to-Date, M/M%                         -1.1% 
                       Ret Sales Mo-to-Date, Y/Y%                         +2.8% 
                       Latest Wk, Y/Y%                                    +2.8% 
0900  US            Patrick Harker speaks at Edward Jones Dean's Breakfast 
0915  UK            Bank of England Governor Mark Carney gives evidence to 
                    Treasury Committee 
0945  US   Feb      US Flash Manufacturing PMI 
                       PMI, Mfg                                           55.5 
0945  US   Feb      US Flash Services PMI 
                       PMI, Services                                      53.3 
1000  US   Jan      Existing Home Sales 
                       Existing Sales                          5.64M      5.57M 
                       Existing Sales, M/M%                    +1.3%      -3.6% 
                       Unsold Homes Month's Supply                        3.2 
                       Median Price (USD)                                 246800 
                       Median Home Price, Y/Y%                            +5.8% 
1000  US            SEC Open Meeting 
1400  US            Federal Open Market Committee meeting minutes published 
1630  US   02/16    API Weekly Statistical Bulletin 
                       Crude Stocks, Net Chg (Bbls)                       +3.9M 
                       Gasoline Stocks, Net Chg (Bbls)                    +4.6M 
                       Distillate Stocks, Net Chg (Bbls)                  +1.1M 
                       Refinery Runs 
2015  US            FRB Minneapolis President Neel Kashkari participates in 
                    Bloomberg Q&A session 
N/A   EU            ECB Governing Council non-monetary policy meeting 
N/A   JPN  Feb      Monthly Economic Report 
N/A   GER           German Chancellor Angela Merkel meets Macedonian PM Zoran Zaev 
 
Thursday, February 22, 2018                                    Exp        Prev 
 ET 
0200  EU   Jan      New Commercial Vehicle Registrations in Europe statistics 
                    (EU27 + EFTA3) 
0245  FRA  Feb      Monthly business survey (goods-producing industries) 
                       Business Sent Idx                                  113 
0245  FRA  Jan      CPI 
0400  GER  Feb      Ifo Business Climate Index 
                       Business Expectations Idx                          108.4 
                       Business Sentiment Idx                             117.6 
                       Current Conditions Idx                             127.7 
0400  ITA  Dec      Industrial turnover & orders 
0430  UK   Q4       GDP 2nd estimate 
                       GDP, Q/Q%                                          +0.4% 
                       GDP, Y/Y%                                          +1.5% 
                       GDP Quarterly First Estimate 
                       GDP Yearly First Estimate 
0430  UK   Q4       Business investment provisional results 
                       Business Invest, Q/Q%                              +0.2% 
                       Business Invest, Y/Y%                              +1.3% 
                       Business Invest, Q/Q%                              +0.5% 
                       Business Invest, Y/Y%                              +1.7% 
0430  UK   Dec      UK monthly service sector figures 
0500  ITA  Jan      CPI 
0600  UK   Feb      CBI Monthly Distributive Trades Survey 
0730  EU            ECB accounts of its last monetary policy discussions 
0830  CAN  Q4       Quarterly financial statistics for enterprises 
0830  CAN  Dec      Retail trade 
                       Total Retail Sales, M/M%                           +0.2% 
                       Retail Sales Ex-Autos, M/M%                        +1.6% 
0830  US   02/17    Unemployment Insurance Weekly Claims Report - Initial Claims 
                       Jobless Claims                          230K       230K 

(MORE TO FOLLOW) Dow Jones Newswires

February 16, 2018 15:51 ET (20:51 GMT)

16:2116-02-2018
Wind Tre Denies Engaging in Anti-Competitive Behavior
 
   By Sonia Amaral Rohter 
 

Wind Tre SpA said Thursday that it hadn't engaged in anti-competitive behavior and had fully complied with legal requirements following the Italian antitrust authority's decision to open an investigation into the company and other telecom operators.

AGCM, the Italian antitrust authority, said Thursday that it had decided to initiate an investigation into Wind Tre, Telecom Italia, Vodafone, Fastweb and Assotelecomunicazioni, or Asstel, a trade association. The investigation aims to determine whether the operators coordinated commercial strategies related to the implementation of changes in the billing cycle following the introduction of new regulatory obligations, the antitrust authority said.

Telecom Italia also said Thursday that it hadn't engaged in anti-competitive practices, saying it has always operated in compliance with regulations and categorically denying any coordination with other telecom operators regarding its commercial strategy, including in relation to changes in billing cycles.

The competition authority said it had carried out inspections with the financial police Thursday at the headquarters of the companies and at the trade association. Proceedings will be concluded by March 31, 2019, it said.

Wind Tre said it cooperated fully with the inspections.

Asstel also said it was fully cooperating with authorities, and hadn't been involved in any anti-competitive practices.

Fastweb and Vodafone weren't immediately available for comment.

Write to Sonia Amaral Rohter at sonia.amaralrohter@dowjones.com

(END) Dow Jones Newswires

February 16, 2018 10:21 ET (15:21 GMT)

07:5716-02-2018
Eni Expects 2018 Capital Expenditure at About EUR8B

(MORE TO FOLLOW) Dow Jones Newswires

February 16, 2018 01:57 ET (06:57 GMT)

07:5516-02-2018
Eni 4Q Net Pft EUR2.10B

(MORE TO FOLLOW) Dow Jones Newswires

February 16, 2018 01:55 ET (06:55 GMT)

09:3416-02-2018
Saffron Energy Shares Rise 53% on Return from Suspension
 
   By Ian Walker 
 

Shares of Saffron Energy PLC (SRON.LN) rose as much as 53% in early trade Friday, its best ever one-day intraday percentage rise, as it returned from suspension after buying some Italian assets and permits.

Saffron, which will be changing its name to Coro Energy PLC, announced in October that it was buying Sound Energy Holdings Italy Ltd. and Po Valley Operations Pty Ltd. from Sound Energy PLC (SOU.LN) and PO Valley Energy Ltd. (PVE.AU)--funded via the issue of shares.

The deal was classified as a reverse takeover under Stock Exchange rules, thus Saffron's shares were suspended.

The company has now posted the circular to shareholders, and trading has been restored.

Shares at 0825 GMT were up 35%, or 1.52 pence, at 5.90 pence, having peaked at 6.70 pence earlier in the session.

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

(END) Dow Jones Newswires

February 16, 2018 03:34 ET (08:34 GMT)

12:0017-02-2018
This Week: Preview -- Barron's
Edited by Robert Teitelman and Teresa Vozzo 

Monday 19

Presidents Day is celebrated in the U.S., and all markets are closed. Markets are also closed in Canada for Family Day.

The German Central Bank releases its banking report for February.

Reserve Bank of Australia Assistant Gov. Michele Bullock speaks at the Responsible Lending & Borrowing Summit in Sydney.

Eurogroup finance ministers meet in Brussels.

The Consumer Analyst Group of New York holds a conference. General Mills , Tyson Foods , and Coca-Cola are among the participants.

Tuesday 20

Earnings abound: A slew of companies report earnings results; among them are Medtronic , DineEquity , Home Depot , Duke Energy , Boyd Gaming , Walmart , Transocean, and FirstEnergy .

Palestinian President Mahmoud Abbas addresses the U.N. Security Council.

Wednesday 21

They said, what? The Federal Open Market Committee releases the minutes from its January meeting. Look for clues about further interest-rate hikes from Janet Yellen's last meeting as Federal Reserve chair.

Another abundant day of earnings announcements. Glencore , Advance Auto Parts , HollyFrontier , Cheesecake Factory , Pandora Media , Avis Budget Group , and Wendy's all report.

National Association of Realtors releases existing-home sales data for January. Consensus calls for home sales to remain flat from December's 5.57 million units.

DineEquity, parent of Applebee's and IHOP restaurants, hosts an investor and analyst day.

The annual Conservative Political Action Conference begins in National Harbor, Md., just outside Washington, D.C. President Donald Trump is expected to speak during the four-day event.

T. Rowe Price Group hosts an investor day.

The Governing Council of the European Central Bank holds a nonmonetary policy meeting in Frankfurt.

Philadelphia Fed President Patrick Harker will speak on the economic outlook at the John Cook School of Business at St. Louis University.

Thursday 22

Magna International, Gildan Activewear, LendingTree , and Newmont Mining all announce earnings.

The Conference Board releases its index of leading indicators.

Atlanta Fed President Raphael Bostic speaks before the 2018 Banking Outlook Conference.

Weekly initial jobless claims are reported.

Kansas City Fed publishes its February manufacturing survey.

Fed Vice Chair for Supervision Randal Quarles gives a speech on "10 years after the Global Financial Crisis" at a symposium in Tokyo.

Friday 23

Potbelly , Royal Bank of Canada , Cinemark Holdings , Cabot Oil & Gas , and Geox close out the week's earnings announcements.

Baker Hughes oil-and-gas rig count data are released.

Saturday 24

Berkshire Hathaway releases financial results along with Chairman Warren Buffett's annual letter, which he has written since 1965.

Week's Highlight

Monday 19 Presidents Day is celebrated in the U.S., and all markets are closed. Markets are also closed in Canada for Family Day.

To subscribe to Barron's, visit http://www.barrons.com/subscribe

(END) Dow Jones Newswires

February 17, 2018 06:00 ET (11:00 GMT)

09:0116-02-2018
Eni Shares Trade 2% Higher After 4Q Results

(END) Dow Jones Newswires

February 16, 2018 03:01 ET (08:01 GMT)

21:5216-02-2018
G7 Political, Economic Calendar - Week Ahead
All dates are in GMT. 
 
Sunday, February 18, 2018                                      Exp        Prev 
 GMT 
2350  JPN  Jan      Provisional Trade Statistics for the Month 
                       Trade Balance (JPY)                     1.004T     359.0B 
                       Exports, Y/Y%                                      +9.3% 
                       Imports, Y/Y%                                      +14.9% 
                       Exports To Asia, Y/Y%                              +9.9% 
                       Exports To China, Y/Y%                             +15.8% 
                       Exports To US, Y/Y%                                +3.0% 
                       Exports To Europe, Y/Y%                            +11.4% 
N/A   FRA           FATF Plenary and Working Group meetings 
 
Monday, February 19, 2018                                      Exp        Prev 
 GMT 
0001  UK   Feb      Rightmove Monthly House Price Index 
                       House Prices, M/M%                                 +0.7% 
                       House Prices Y/Y%                                  +1.1% 
0900  EU   Dec      Euro area balance of payments 
1000  EU   Dec      Construction output 
1000  ITA  Dec      Balance of Payments 
                       Current Account (EUR)                              4.881B 
1100  FRA  Q4       OECD Quarterly National Accounts: GDP growth 
1100  GER  Feb      Bundesbank monthly report 
1845  UK            Bank of England Governor Mark Carney speaks at Regents 
                    University 
N/A   EU            Eurogroup meeting of eurozone finance ministers 
N/A   GER           Angela Merkel meets Dutch PM Rutte, World Bank President Kim 
                    and Luxembourg PM Bettel 
N/A   UK            Bank of England Chief Economist Andy Haldane participates in 
                    Blackpool Council event 
N/A   US            U.S. Presidents Day / Washington's Birthday. Financial 
                    markets closed 
N/A   CAN           Canada: Family Day local holiday. Financial markets closed 
 
Tuesday, February 20, 2018                                     Exp        Prev 
 GMT 
0500  JPN  Jan      Steel Production 
0600  JPN  Jan      Revised Machine Tool Orders 
0700  JPN  Jan      Convenience Store Sales 
0700  GER  Jan      PPI 
0930  UK   Jan      Capital issuance 
1000  GER  Feb      ZEW Indicator of Economic Sentiment 
                       Current Conditions                                 95.2 
                       Economic Expectations                              20.4 
1100  UK   Jan      Aluminium Production report 
1100  UK   Feb      CBI Monthly Industrial Trends Survey 
1330  CAN  Dec      Wholesale trade 
                       Wholesale Inventories, M/M%                        -1.2% 
                       Wholesale Trade, M/M%                              +0.7% 
1500  EU   Feb      FCCI Flash Consumer Confidence Indicator 
                       Consumer Conf Idx                                  1.3 
N/A   FRA           OECD Illicit Financial Flows report 
N/A   EU            ECOFIN meeting of EU finance ministers 
 
Wednesday, February 21, 2018                                   Exp        Prev 
 GMT 
0030  JPN  Feb      Japan Flash Manufacturing PMI 
0430  JPN  Dec      All Industry Index 
0500  JPN  Jan      Supermarket sales 
0530  JPN  Jan      Nationwide department store sales 
                       Sales, Y/Y%                                        -0.6% 
0530  JPN  Jan      Tokyo area department store sales 
0800  FRA  Feb      France Flash PMI 
                       PMI, Composite                                     59.7 
                       PMI, Mfg                                           58.1 
                       PMI, Services                                      59.3 
0800  EU            Eurogroup President Mario Centeno attends European Parliament 
                    ECON Committee meeting 
0830  GER  Feb      Germany Flash PMI 
                       PMI, Composite                                     58.8 
                       PMI, Mfg                                           61.2 
                       PMI, Services                                      57.0 
0900  EU   Feb      Eurozone Flash PMI 
                       PMI, Composite                                     58.6 
                       PMI, Mfg                                           59.6 
                       PMI, Services                                      57.6 
0930  UK   Jan      UK monthly unemployment figures 
                       Avg Earnings Ex-Bonuses, 3-Mo                      +2.4% 
                       Jobless Claimants % of Workforce                   2.4% 
                       Jobless Claimants-Adj                              +8600 
                       Unemployment Rate, 3-Mo                            4.3% 
                       Unemployment, Net Chg, 3-Mo                        -3000 
0930  UK   Jan      Public sector finances 
                       PSNB ex (GBP)                                      2.6B 
                       PSNB ex, Yr Ago (GBP)                              5.1B 
                       PSNCR (GBP)                                        27.4B 
                       PSNCR ex Yr Ago (GBP)                              33.8B 
1200  US   02/16    MBA Weekly Mortgage Applications Survey 
                       Composite Idx                                      399.4 
                       Composite Idx, W/W%                                -4.1% 
                       Purchase Idx-SA                                    240.4 
                       Purchase Idx-SA, W/W%                              -5.9% 
                       Refinance Idx                                      1274.0 
                       Refinance Idx, W/W%                                -1.9% 
1245  US   02/17    The Retail Economist/Goldman Sachs Weekly Chain Store Sales 
                    Index 
                       Chain Store Sales, W/W%                            +1.8% 
                       Chain Store Sales, M/M%                            +1.6% 
1355  US   02/17    Johnson Redbook Retail Sales Index 
                       Ret Sales Mo-to-Date, M/M%                         -1.1% 
                       Ret Sales Mo-to-Date, Y/Y%                         +2.8% 
                       Latest Wk, Y/Y%                                    +2.8% 
1400  US            Patrick Harker speaks at Edward Jones Dean's Breakfast 
1415  UK            Bank of England Governor Mark Carney gives evidence to 
                    Treasury Committee 
1445  US   Feb      US Flash Services PMI 
                       PMI, Services                                      53.3 
1445  US   Feb      US Flash Manufacturing PMI 
                       PMI, Mfg                                           55.5 
1500  US            SEC Open Meeting 
1500  US   Jan      Existing Home Sales 
                       Existing Sales                          5.64M      5.57M 
                       Existing Sales, M/M%                    +1.3%      -3.6% 
                       Unsold Homes Month's Supply                        3.2 
                       Median Price (USD)                                 246800 
                       Median Home Price, Y/Y%                            +5.8% 
1900  US            Federal Open Market Committee meeting minutes published 
2130  US   02/16    API Weekly Statistical Bulletin 
                       Crude Stocks, Net Chg (Bbls)                       +3.9M 
                       Gasoline Stocks, Net Chg (Bbls)                    +4.6M 
                       Distillate Stocks, Net Chg (Bbls)                  +1.1M 
                       Refinery Runs 
N/A   JPN  Feb      Monthly Economic Report 
N/A   GER           German Chancellor Angela Merkel meets Macedonian PM Zoran Zaev 
N/A   EU            ECB Governing Council non-monetary policy meeting 
 
Thursday, February 22, 2018                                    Exp        Prev 
 GMT 
0115  US            FRB Minneapolis President Neel Kashkari participates in 
                    Bloomberg Q&A session 
0700  EU   Jan      New Commercial Vehicle Registrations in Europe statistics 
                    (EU27 + EFTA3) 
0745  FRA  Jan      CPI 
0745  FRA  Feb      Monthly business survey (goods-producing industries) 
                       Business Sent Idx                                  113 
0900  ITA  Dec      Industrial turnover & orders 
0900  GER  Feb      Ifo Business Climate Index 
                       Business Expectations Idx                          108.4 
                       Business Sentiment Idx                             117.6 
                       Current Conditions Idx                             127.7 
0930  UK   Dec      UK monthly service sector figures 
0930  UK   Q4       Business investment provisional results 
                       Business Invest, Q/Q%                              +0.2% 
                       Business Invest, Y/Y%                              +1.3% 
                       Business Invest, Q/Q%                              +0.5% 
                       Business Invest, Y/Y%                              +1.7% 
0930  UK   Q4       GDP 2nd estimate 
                       GDP, Q/Q%                                          +0.4% 
                       GDP, Y/Y%                                          +1.5% 
                       GDP Quarterly First Estimate 
                       GDP Yearly First Estimate 
1000  ITA  Jan      CPI 
1100  UK   Feb      CBI Monthly Distributive Trades Survey 
1230  EU            ECB accounts of its last monetary policy discussions 
1330  US   02/17    Unemployment Insurance Weekly Claims Report - Initial Claims 
                       Jobless Claims                          230K       230K 
                       Jobless Claims, Net Chg                            +7K 
                       Continuing Claims                                  1942000 
                       Continuing Claims, Net Chg                         +15K 

(MORE TO FOLLOW) Dow Jones Newswires

February 16, 2018 15:52 ET (20:52 GMT)

18:0516-02-2018
General Cable Corp Stockholders Approve Acquisition by Prysmian Group

(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)

February 16, 2018 12:05 ET (17:05 GMT)

08:2816-02-2018
ENI Net Profit Rose Six-Fold in 4Q on Higher Crude, Sales
 
   By Pietro Lombardi 
 

ENI SpA (ENI.MI) said Friday that net profit rose more than six-fold in the fourth quarter, supported by an increase in the price of crude and growing sales across its divisions.

The company's fourth-quarter net profit was 2.10 billion euros ($2.62 billion), compared with EUR340 million in the same period last year.

Revenue rose 11% to EUR17.55 billion on the back of higher net sales across the group's businesses. Sales from exploration and production rose 15% to EUR5.57 billion, while sales at the gas and power businesses climbed 13% to EUR13.54 billion.

Eni said its oil-and-gas production increased 1.9% in the quarter, as Brent crude oil--the international benchmark--averaged $61.39, about 24% up compared with the year-earlier period.

The company said it will pay a dividend of EUR0.80 a share, unchanged from 2016.

Eni will release its 2018-2021 targets in March, it said. The Italian multinational said it expects 2018 capital expenditure to stand at about EUR8 billion.

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

(END) Dow Jones Newswires

February 16, 2018 02:28 ET (07:28 GMT)

18:0516-02-2018
Milan Closing Stock Prices
 
                                 Close     Change   % Change 
  FTSE MIB Index             22,797.88    +302.24      +1.34 
  Index Components 
  ENI                            13.63      +0.13      +0.95 
  FinecoBank                      9.66      +0.13      +1.34 
  Mediaset                        3.25      +0.07      +2.27 
  Poste Italiane                  6.66      +0.07      +1.12 
  Ferrari                       105.00      +2.00      +1.94 
  Italgas                         4.49      +0.03      +0.70 
  Pirelli                         7.68      +0.21      +2.76 
  Yoox Net-A-Porter Group        37.80      +0.11      +0.29 
  STMicroelectronics             18.07      +0.02      +0.08 
  A2A SpA                         1.43      +0.02      +1.20 
  UniCredit                      17.82      +0.27      +1.54 
  Intesa Sanpaolo                 3.14      +0.04      +1.31 
  Enel                            4.86      +0.07      +1.42 
  Luxottica Group                50.72      +1.11      +2.24 
  Davide Campari-Milano           6.21      +0.11      +1.72 
  Snam SpA                        3.70      +0.01      +0.38 
  Banco BPM                       3.02      +0.05      +1.57 
  Tenaris                        13.19      +0.19      +1.42 
  Unione di Banche Italiane       3.97      +0.06      +1.48 
  Atlantia                       26.00      +0.48      +1.88 
  TERNA                           4.56      +0.04      +0.80 
  Azimut Holding                 18.05      +0.07      +0.39 
  Salvatore Ferragamo            22.51      +0.17      +0.76 
  Banca Generali                 26.90      +0.26      +0.98 
  Prysmian                       26.70      +0.33      +1.25 
  Fiat Chrysler Automobiles      18.16      +0.36      +2.00 
  Assicurazioni Generali         15.51      +0.16      +1.01 
  EXOR                           61.00      +0.64      +1.06 
  Mediobanca                      9.88      +0.03      +0.26 
  Telecom Italia                  0.70      +0.01      +1.16 
  Recordati                      31.13      +0.45      +1.47 
  UnipolSAI Assicurazioni         2.02      +0.01      +0.55 
  Saipem                          3.44      +0.04      +1.09 
  Buzzi Unicem                   21.32      +0.33      +1.57 
  Unipol Gruppo                   4.15      -0.03      -0.62 
  BPER Banca                      4.80      +0.01      +0.25 
  Leonardo                        9.06      +0.14      +1.57 
  CNH Industrial                 11.63      +0.43      +3.84 
  Moncler S.p.A.                 28.45      +0.10      +0.35 
  Brembo                         12.10      -0.04      -0.33 
 
Prices in Euro 
Source: SIX Financial Information 
 

(END) Dow Jones Newswires

February 16, 2018 12:05 ET (17:05 GMT)

21:5216-02-2018
G7 Political, Economic Calendar - Week Ahead -2-
1330  US            SEC Chairman Jay Clayton gives remarks at the 2018 SEC Speaks 
                    event 
1330  CAN  Q4       Quarterly financial statistics for enterprises 
1330  CAN  Dec      Retail trade 
                       Total Retail Sales, M/M%                           +0.2% 
                       Retail Sales Ex-Autos, M/M%                        +1.6% 
1445  US            Bloomberg Consumer Comfort Index 
1500  US   Jan      Leading Indicators 
                       Leading Index                           +0.7%      +0.6% 
                       Coincident Index                                   +0.3% 
                       Lagging Index                                      +0.7% 
1500  US            FRB New York President Dudley speaks at press briefing on 
                    Puerto Rico 
1530  US   02/16    EIA Weekly Natural Gas Storage Report 
                       Working Gas In Storage (Cbf)                       1884B 
                       Working Gas In Storage, Net Chg (Cbf)              -194B 
1600  US   Feb      Federal Reserve Bank of Kansas City Survey of Tenth District 
                    Manufacturing 
                       Mfg Activity Idx                        15.0       16 
                       6-Mo Exp Prod Idx                                  37 
                       Mfg Composite Idx                                  16 
                       6-Mo Exp Composite Idx                             29 
1600  US   02/16    EIA Weekly Petroleum Status Report 
                       Crude Oil Stocks (Bbl)                             422.095M 
                       Crude Oil Stocks, Net Chg (Bbl)                    +1.841M 
                       Gasoline Stocks (Bbl)                              249.073M 
                       Gasoline Stocks, Net Chg (Bbl)                     +3.599M 
                       Distillate Stocks (Bbl)                            141.367M 
                       Distillate Stocks, Net Chg (Bbl)                   -0.459M 
                       Refinery Usage                                     89.8% 
                       Total Prod Supplied (Bbl/day)                      20.284M 
                       Total Prod Supplied, Net Chg (Bbl/day)             -0.559M 
1900  US            SEC Closed Meeting 
2130  US            Money Stock Measures 
2130  US            Federal Discount Window Borrowings 
2130  US            Foreign Central Bank Holdings 
2330  JPN  Jan      CPI (Nation), CPI ex-food (Nation) 
                       Japan Core CPI, Y/Y%                    +0.8%      +0.9% 
                       National Overall CPI, Y/Y%                         +1.0% 
                       National Overall CPI, M/M%                         +0.2% 
2350  JPN  Jan      Services Producer Price Index 
 
Friday, February 23, 2018                                      Exp        Prev 
 GMT 
0700  GER  Q4       GDP - Detailed breakdown 
                       GDP-Adj, Q/Q%                                      +0.8% 
                       GDP-Adj, Y/Y%                                      +2.8% 
0730  EU            High Level Conference on the Sahel 
1000  EU   Jan      Harmonised CPI 
                       CPI, M/M%                                          +0.4% 
                       CPI, Y/Y%                                          +1.4% 
                       Core CPI, M/M%                                     +0.5% 
                       Core CPI, Y/Y%                                     +0.9% 
                       Ex-Tobacco, M/M%                                   +0.4% 
                       Ex-Tobacco, Y/Y%                                   +1.3% 
1000  EU            EU informal meeting of 27 national leaders without UK 
1200  UK            Bank of England Deputy Governor David Ramsden and CBI 
                    Director General Carolyn Fairbairn discuss productivity 
1330  US            U.S. Weekly Export Sales 
                       Corn (Metric Tons)                                 2072K 
                       Soybeans (Metric Tons)                             837.5K 
                       Wheat (Metric Tons)                                421.9K 
1330  CAN  Jan      CPI 
                       CPI-Common, Y/Y%                                   +1.6% 
                       CPI-Median, Y/Y%                                   +1.9% 
                       CPI-Trim, Y/Y%                                     +1.9% 
                       All Items CPI, Y/Y%                                +1.9% 
                       All Items CPI, M/M%                                -0.4% 
1330  CAN  Dec      Payroll employment, earnings & hours 
N/A   US            Trump meets Australian PM at the White House 
N/A   JPN  Dec      Final Labour Survey - Earnings, Employment & Hours Worked 
 
 
 

(END) Dow Jones Newswires

February 16, 2018 15:52 ET (20:52 GMT)

07:5516-02-2018
G7 Political, Economic Calendar -- Week Ahead
All dates are in Eastern Time. 
 
Friday, February 16, 2018                                      Exp        Prev 
 ET 
0200  GER  Jan      WPI 
0430  UK   Jan      UK monthly retail sales figures 
                       Retail Sales, M/M%                      +0.6%      -1.5% 
                       Retail Sales, Y/Y%                      +2.5%      +1.4% 
0830  CAN  Dec      International transactions in securities 
                       Purchases of Fgn Securities (CAD) 
                       Sales of Fgn Securities (CAD)                      4.586B 
                       Fgn Purchases of CAN Securities (CAD)              19.564B 
                       Fgn Sales of CAN Securities (CAD) 
0830  CAN  Dec      Monthly Survey of Manufacturing 
                       Inventories, M/M%                                  +0.9% 
                       Inventory-Shipment Ratio, M/M                      1.36 
                       New Orders, M/M%                                   -1.8% 
                       Shipments, M/M%                                    +3.4% 
                       Unfilled Orders, M/M%                              -0.9% 
0830  US   Jan      New Residential Construction - Housing Starts and Building 
                    Permits 
                       Total Starts                            1.24M      1.192M 
                       Housing Starts, M/M%                    +4.2%      -8.2% 
                       Building Permits                        1.31M      1.302M 
                       Building Permits, M/M%                  +0.8%      -0.1% 
0830  US   Jan      Import & Export Price Indexes 
                       Import Prices                           +0.7%      +0.1% 
                       Non-Petroleum Prices                               -0.2% 
                       Petroleum Prices                                   +2.0% 
1000  US   Q4       Advance Quarterly Services 
1000  US   Q4       Quarterly Retail E-Commerce Sales 
1000  US   Feb      University of Michigan Survey of Consumers - preliminary 
                       Mid-Mo Sentiment                        95.0       94.4 
                       Mid-Mo Expectations                                84.8 
                       Mid-Mo Current Idx                                 109.2 
N/A   GER           Angela Merkel meets Polish PM Mateusz Morawieck and Italian 
                    PM Paolo Gentiloni 
N/A   GER           Theresa May meets Angela Merkel in Berlin 
 
Sunday, February 18, 2018                                      Exp        Prev 
 ET 
1850  JPN  Jan      Provisional Trade Statistics for the Month 
                       Trade Balance (JPY)                                359.0B 
                       Exports, Y/Y%                                      +9.3% 
                       Imports, Y/Y%                                      +14.9% 
                       Exports To Asia, Y/Y%                              +9.9% 
                       Exports To China, Y/Y%                             +15.8% 
                       Exports To US, Y/Y%                                +3.0% 
                       Exports To Europe, Y/Y%                            +11.4% 
1901  UK   Feb      Rightmove Monthly House Price Index 
                       House Prices, M/M%                                 +0.7% 
                       House Prices Y/Y%                                  +1.1% 
N/A   FRA           FATF Plenary and Working Group meetings 
 
Monday, February 19, 2018                                      Exp        Prev 
 ET 
0400  EU   Dec      Euro area balance of payments 
0500  ITA  Dec      Balance of Payments 
                       Current Account (EUR)                              4.881B 
0500  EU   Dec      Construction output 
0600  GER  Feb      Bundesbank monthly report 
0600  FRA  Q4       OECD Quarterly National Accounts: GDP growth 
N/A   US            U.S. Presidents Day / Washington's Birthday. Financial 
                    markets closed 
N/A   CAN           Canada: Family Day local holiday. Financial markets closed 
N/A   EU            Eurogroup meeting of eurozone finance ministers 
 
Tuesday, February 20, 2018                                     Exp        Prev 
 ET 
0000  JPN  Jan      Steel Production 
0100  JPN  Jan      Revised Machine Tool Orders 
0200  GER  Jan      PPI 
0200  JPN  Jan      Convenience Store Sales 
0430  UK   Jan      Capital issuance 
0500  GER  Feb      ZEW Indicator of Economic Sentiment 
                       Current Conditions                                 95.2 
                       Economic Expectations                              20.4 
0600  UK   Feb      CBI Monthly Industrial Trends Survey 
0600  UK   Jan      Aluminium Production report 
0830  CAN  Dec      Wholesale trade 
                       Wholesale Inventories, M/M%                        -1.2% 
                       Wholesale Trade, M/M%                              +0.7% 
1000  EU   Feb      FCCI Flash Consumer Confidence Indicator 
                       Consumer Conf Idx                                  1.3 
1930  JPN  Feb      Japan Flash Manufacturing PMI 
2330  JPN  Dec      All Industry Index 
N/A   FRA           OECD Illicit Financial Flows report 
N/A   EU            ECOFIN meeting of EU finance ministers 
 
Wednesday, February 21, 2018                                   Exp        Prev 
 ET 
0000  JPN  Jan      Supermarket sales 
0030  JPN  Jan      Tokyo area department store sales 
0030  JPN  Jan      Nationwide department store sales 
                       Sales, Y/Y%                                        -0.6% 
0300  EU            Eurogroup President Mario Centeno attends European Parliament 
                    ECON Committee meeting 
0300  FRA  Feb      France Flash PMI 
                       PMI, Composite                                     59.7 
                       PMI, Mfg                                           58.1 
                       PMI, Services                                      59.3 
0330  GER  Feb      Germany Flash PMI 
                       PMI, Composite                                     58.8 
                       PMI, Mfg                                           61.2 
                       PMI, Services                                      57.0 
0400  EU   Feb      Eurozone Flash PMI 
                       PMI, Composite                                     58.6 
                       PMI, Mfg                                           59.6 
                       PMI, Services                                      57.6 
0430  UK   Jan      UK monthly unemployment figures 
                       Avg Earnings Ex-Bonuses, 3-Mo                      +2.4% 
                       Jobless Claimants % of Workforce                   2.4% 
                       Jobless Claimants-Adj                              +8600 
                       Unemployment Rate, 3-Mo                            4.3% 
                       Unemployment, Net Chg, 3-Mo                        -3000 
0430  UK   Jan      Public sector finances 
                       PSNB ex (GBP)                                      2.6B 
                       PSNB ex, Yr Ago (GBP)                              5.1B 
                       PSNCR (GBP)                                        27.4B 
                       PSNCR ex Yr Ago (GBP)                              33.8B 
0700  US   02/16    MBA Weekly Mortgage Applications Survey 
                       Composite Idx                                      399.4 
                       Composite Idx, W/W%                                -4.1% 
                       Purchase Idx-SA                                    240.4 
                       Purchase Idx-SA, W/W%                              -5.9% 
                       Refinance Idx                                      1274.0 
                       Refinance Idx, W/W%                                -1.9% 
0745  US   02/17    The Retail Economist/Goldman Sachs Weekly Chain Store Sales 
                    Index 
                       Chain Store Sales, W/W%                            +1.8% 
                       Chain Store Sales, M/M%                            +1.6% 
0855  US   02/17    Johnson Redbook Retail Sales Index 
                       Ret Sales Mo-to-Date, M/M%                         -1.1% 
                       Ret Sales Mo-to-Date, Y/Y%                         +2.8% 
                       Latest Wk, Y/Y%                                    +2.8% 
0915  UK            Bank of England Governor Mark Carney gives evidence to 
                    Treasury Committee 
0945  US   Feb      US Flash Manufacturing PMI 
                       PMI, Mfg                                           55.5 
0945  US   Feb      US Flash Services PMI 
                       PMI, Services                                      53.3 
1000  US   Jan      Existing Home Sales 
                       Existing Sales                                     5.57M 
                       Existing Sales, M/M%                               -3.6% 
                       Unsold Homes Month's Supply                        3.2 
                       Median Price (USD)                                 246800 
                       Median Home Price, Y/Y%                            +5.8% 
1400  US            Federal Open Market Committee meeting minutes published 
1630  US   02/16    API Weekly Statistical Bulletin 
                       Crude Stocks, Net Chg (Bbls)                       +3.9M 
                       Gasoline Stocks, Net Chg (Bbls)                    +4.6M 
                       Distillate Stocks, Net Chg (Bbls)                  +1.1M 
                       Refinery Runs 
N/A   EU            ECB Governing Council non-monetary policy meeting 
N/A   JPN  Feb      Monthly Economic Report 
 
Thursday, February 22, 2018                                    Exp        Prev 
 ET 
0200  EU   Jan      New Commercial Vehicle Registrations in Europe statistics 
                    (EU27 + EFTA3) 
0245  FRA  Jan      CPI 
0245  FRA  Feb      Monthly business survey (goods-producing industries) 

(MORE TO FOLLOW) Dow Jones Newswires

February 16, 2018 01:55 ET (06:55 GMT)

12:0017-02-2018
This Week: Preview
Edited by Robert Teitelman and Teresa Vozzo 

Monday 19

Presidents Day is celebrated in the U.S., and all markets are closed. Markets are also closed in Canada for Family Day.

The German Central Bank releases its banking report for February.

Reserve Bank of Australia Assistant Gov. Michele Bullock speaks at the Responsible Lending & Borrowing Summit in Sydney.

Eurogroup finance ministers meet in Brussels.

The Consumer Analyst Group of New York holds a conference. General Mills , Tyson Foods , and Coca-Cola are among the participants.

Tuesday 20

Earnings abound: A slew of companies report earnings results; among them are Medtronic , DineEquity , Home Depot , Duke Energy , Boyd Gaming , Walmart , Transocean, and FirstEnergy .

Palestinian President Mahmoud Abbas addresses the U.N. Security Council.

Wednesday 21

They said, what? The Federal Open Market Committee releases the minutes from its January meeting. Look for clues about further interest-rate hikes from Janet Yellen's last meeting as Federal Reserve chair.

Another abundant day of earnings announcements. Glencore , Advance Auto Parts , HollyFrontier , Cheesecake Factory , Pandora Media , Avis Budget Group , and Wendy's all report.

National Association of Realtors releases existing-home sales data for January. Consensus calls for home sales to remain flat from December's 5.57 million units.

DineEquity, parent of Applebee's and IHOP restaurants, hosts an investor and analyst day.

The annual Conservative Political Action Conference begins in National Harbor, Md., just outside Washington, D.C. President Donald Trump is expected to speak during the four-day event.

T. Rowe Price Group hosts an investor day.

The Governing Council of the European Central Bank holds a nonmonetary policy meeting in Frankfurt.

Philadelphia Fed President Patrick Harker will speak on the economic outlook at the John Cook School of Business at St. Louis University.

Thursday 22

Magna International, Gildan Activewear, LendingTree , and Newmont Mining all announce earnings.

The Conference Board releases its index of leading indicators.

Atlanta Fed President Raphael Bostic speaks before the 2018 Banking Outlook Conference.

Weekly initial jobless claims are reported.

Kansas City Fed publishes its February manufacturing survey.

Fed Vice Chair for Supervision Randal Quarles gives a speech on "10 years after the Global Financial Crisis" at a symposium in Tokyo.

Friday 23

Potbelly , Royal Bank of Canada , Cinemark Holdings , Cabot Oil & Gas , and Geox close out the week's earnings announcements.

Baker Hughes oil-and-gas rig count data are released.

Saturday 24

Berkshire Hathaway releases financial results along with Chairman Warren Buffett's annual letter, which he has written since 1965.

Week's Highlight

Monday 19 Presidents Day is celebrated in the U.S., and all markets are closed. Markets are also closed in Canada for Family Day.

To subscribe to Barron's, visit http://www.barrons.com/subscribe

(END) Dow Jones Newswires

February 17, 2018 06:00 ET (11:00 GMT)

09:0116-02-2018
Italy's FTSE MIB Rises 1% in Opening Trade

(END) Dow Jones Newswires

February 16, 2018 03:01 ET (08:01 GMT)

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07 February 2018 - 6:00 PM
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Centro Congressi Unione Industriale - via Vela, 17 - 10128, Torino
14 February 2018 - 6:00 PM
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Credem, risultati preliminari consolidati 2017
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