Italy's Poste says it will miss 2020 goals due to coronavirus

MILAN (Reuters) - State-controlled Poste Italiane said it would miss its targets for the year after reporting a 29% fall in first-quarter operating profit on Wednesday.The Italian postal service operator, which also has insurance and financial divisions, recorded earnings before interest and taxes (EBIT) of 441 million euros ($478 million), topping an analyst consensus of 407 million euros.Its mail and parcel business was hit hard by the coronavirus with rising parcel revenue failing to..