Italy - Factors to watch on July 24
The following factors could affect Italian markets on Wednesday.
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.
POLITICS
Prosecutors in the city of Crotone have informed six police and coastguard officers that they may face trial over alleged failures to avoid a migrant shipwreck that killed at least 94 people, angering Italy's right-wing government.
Italy plans to start the sale of the Acciaierie d'Italia (ADI) steelworks this month, its industry minister said on Tuesday, following preliminary expressions of interest received from some international players.
COMPANIES
(*) UNICREDIT CRDI.MI
The Italian bank reported on Wednesday a larger-than-expected 5% quarterly rise in net profit for the three months through June, as revenues in the period held up better than anticipated compared with the start of the year.
UniCredit on Wednesday said it was investing 370 million euros ($401 million) to acquire Belgium's digital bank Aion and Vodeno, a provider of cloud-based banking services.
Analyst presentation (0800 GMT).
(*) IVECO IVG.MI
The Italian truck and bus maker on Wednesday said its operating profit fell 4% in the second quarter of the year due to lower volumes and adverse forex impact and that it burnt cash in the period.
Conference call (0900 GMT).
LEONARDO LDOF.MI
A British defence policy review will not derail a multibillion- dollar fighter jet programme being developed by Italy, Japan and the United Kingdom, according to an executive at Leonardo, one of the firms working on the project.
(*) FINCANTIERI FCT.MI
The Italian shipbuilder on Tuesday signed a contract with Carnival Corporation CCL.N for the design, engineering, and construction of three new cruise ships worth more than 2 billion euros, the company said in a statement.
POSTE ITALIANE PST.MI
Poste Italiane on Tuesday said it had reached an agreement with trade unions to renew the national collective labour agreement for non-management staff until the end of 2027.
ENI ENI.MI
Italy's Eni is in exclusive talks with investment company KKR KKR.N over the sale of a minority stake in Enilive, a deal that could value the biofuel unit at 11.5-12.5 billion euros including debt.
ENEL ENEI.MI
The group on Tuesday said its total consolidated power production fell 5% in the first half of this year to 96,742 gigawatt hour (Gwh) as a drop in conventional production more than offset a rise in renewable power production. In Italy electricity output in Italy fell 17% in the period. Enel also said the share of emission free electricity output rose to a peak of 84% in H1.
MONCLER MONC.MI
Board meeting on H1 results, followed by conference call (1700 GMT).
ITALGAS IG.MI
Board meeting on H1 results, followed by conference call.
SAIPEM SPMI.MI
Board meeting on H1 results.
DIARY
Economy Minister Giancarlo Giorgetti attends G20-G7 ministerial meeting in Brazil (to July 27).
Rome, European Affairs and National Recovery and Resilience Plan (NRRP) Minister Raffaele Fitto addresses Parliamentary Committee on Implementation on issues related to fiscal federalism (0615 GMT).
Rome, Chamber of Deputies holds question time session with Infrastructure and Transport Minister Matteo Salvini (1300 GMT).
Rome, CONSOB representatives address Senate Finance Committee on cryptocurrency markets (1200 GMT).
Rome, Leonardo Foundation holds 'MedOr Day 2024' event "A look at the world. The Italian system, the Mediterranean, Africa: the Mattei Plan" with Eni ENI.MI CEO Claudio Descalzi, Financatieri FCT.MI CEO Pierrobero Folgiero, Leonardo LDOF.MI CEO Roberto Cingolani; Cabinet Undersecretary Alfredo Mantovano delivers closing address (1700 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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