Italy - Factors to watch on Dec. 12
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 IT/DIA.
DEBT
Treasury sells the followingBTP bonds: 2.5-3.0 billion euros due Oct. 15, 2027; 2.5-3.0 billion euros due Nov. 15, 2031; 1.0-1.5 billion euros due March 1, 2035; 0.75-1.0 billion euros due Oct. 1, 2054. Subscriptions close at 1000 GMT.
COMPANIES
UNICREDIT CRDI.MI
Italy's second largest bank said on Wednesday the European Central Bank had set a bank-specific core capital requirement of 10.27% for 2025, up from the 10.03% minimum level set for 2024.
INTESA SANPAOLO ISP.MI
Italy's largest said on Wednesday its core capital requirement for 2025 had been set at 9.89%, up from the previous 9.32%.
BANCO BPM BAMI.MI
The European Central Bank set a bank-specific core capital requirement of 9.18%, the lender said on Wednesday.
MONTE DEI PASCHI DI SIENA (MPS) BMPS.MI
The Tuscan lender said on Wednesday the European Central Bank had set its core capital requirement for 2025 at 8.78%.
The ECB also removed the obligation of prior authorization for the distribution of dividends.
ENI ENI.MI
Italian prosecutors on Wednesday opened a probe into possible manslaughter following an explosion at a fuel depot facility near Florence, owned by the energy firm, that killed five people, two judicial sources said.
(*) Norway's Vaar Energi VAR.OL, majority-owned by Eni, has discovered additional oil reserves in its Countach appraisal well near the Goliat field in the Arctic Barents Sea, the company said on Thursday.
(*) SAIPEM SPMI.MI
The energy contractor said on Thursday it was awarded two projects for the development of offshore facilities for the transportation and storage of CO2 of the East Coast Cluster in Britain for a total of 650 million euros.
(*) STELLANTIS STLAM.MI
The automaker will extend the stoppage of car production at its Italian Mirafiori plant by another two weeks until Jan. 20, the head of the FIOM Cgil trade union at the site, Gianni Mannori, said on Thursday.
PRYSMIAN PRY.MI
The world's largest cable maker said on Wednesday that Italy's competition authority (AGCM) had conducted an inspection at the offices of its Italian subsidiary regarding a possible anti-competitive arrangement aimed at coordinating prices and commercial sales conditions in the Italian low-voltage copper cable market.
PIRELLI PIRC.MI
(*) Camfin, the family vehicle of Marco Tronchetti Provera, is planning to increase its stake in Pirelli to 29.9% from 26.1%, Italian daily Il Messaggero reported on Thursday. To fund the operation and to cut the cost of its debt, Camfin is working to obtain 650 million euros ($682.96 million) in financing from a pool of banks led by UniCredit and Intesa Sanpaolo and including Banco BPM, the newspaper said.
Ordinary and extraordinary shareholders' meetings (1000 GMT).
BRUNELLO CUCINELLI BCU.MI
The luxury group on Wednesday revised up its expectations for this year's turnover, which it now sees growing by between 11% and 12%.
(*) DIASORIN DIAS.MI
RBC said on Thursday it initiated coverage of the diagnostics group with a 'sector perform' rating and a target price of 110 euros per share.
JUVENTUS FC JUVE.MI
Dusan Vlahovic and Weston McKennie scored to lead Juventus to a 2-0 Champions League win over Manchester City on Wednesday, a major blow to the English champions' hopes of clinching a top-eight spot in the group stage of Europe's elite competition.
DOVALUE DOVA.MI
Ends capital increase.
MONRIF EDII.MI
Monti Riffeser reopening full voluntary takeover bid on Monrif shares continues; ends on Dec. 13.
TALEA GROUP TALEA.MI
Ends capital increase.
DIARY
Rome, Brothers of Italy party annual festival 'Atreju', with speakers including Economy Minister Giancarlo Giorgetti, Cabinet Undersecretary Alessio Butti, Leonardo LDOF.MI co-Director General Lorenzo Mariani, Defence Minister Guido Crosetto, Leonardo Chairman Stefano Pontecorvo, European Affairs and National Recovery and Resilience Plan (NRRP) Minister Tommaso Foti.
Rome, state railways 'Ferrovie dello Stato' (FS) group presents 2025-2029 strategic plan (0900 GMT).
Rome, Industry Minister Adolfo Urso attends business lobby Confindustria boat unit annual meeting "Boating, the course set by reforms in the international context" (1330 GMT).
Turin, Stellantis STLAM.MI Chief Operating Officer for Enlarged Europe Jean Philippe Imparato holds press briefing after meeting with metalworkers' trade unions (around 1200 GMT).
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/
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