Italy - Factors to watch on Nov. 12
The following factors could affect Italian markets on Tuesday.
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
A Rome court on Monday asked EU judges to weigh in on the detention of sea migrants in Albania, again frustrating the Italian right-wing government's efforts to pursue its flagship plan to crackdown on irregular arrivals.
ECONOMY
Bank of Italy releases September data on Italian residents deposits with domestic banks, banks lending to non-financial companies and gross bad loans at Italian banks.
(*) Italy's Treasury said late on Monday it sent to the European Commission the package of remedies needed to secure EU antitrust approval for the tie-up between ITA Airways and Germany's Lufthansa LKHAG.DE.
DEBT
Treasury sells 7.5 billion euros 12-month BOT bills due Nov. 14, 2025 and 1.5 billion euros BOT bills due Jan. 14, 2025. Subscriptions close at 1000 GMT.
COMPANIES
IVECO IVG.MI, LEONARDO LDOF.MI
IDV, part of Iveco Group specialised in defence and civil protection equipment, has signed a preliminary agreement with Leonardo to supply functional parts for future contracts within the Leonardo and Rheinmetall joint venture.
IDV's participation will be 12% to 15% of the joint venture's total activities for the development and production of tracked combat ground vehicles for the Italian Army.
MEDIOBANCA MDBI.MI
(*) The bank posted a better-than-expected quarterly profit on Tuesday as net fees more than offset a small decline in net interest income (NII) due to lower interest rates.
Conference calls with CEO Alberto Nagel with the press (0730 GMT) and with analysts(0900 GMT).
MONCLER MONC.MI
The Italian maker of posh puffer jackets is not in talks to take over Burberry BRBY.L, four sources close to the matter said on Monday in response to a report by Britain's Mail on Sunday that a bid by Moncler was imminent.
DOVALUE DOVA.MI
(*) The Italian debt collector confirmed its 2024 guidance after posting an 0.7% rise in its gross book value at the end of September and an 18.3% fall in core profit for the first nine months of the year.
Conference call on Q3 results (0930 GMT).
A2A A2.MI
(*) The country's biggest regional utility raised its 2024 core and net profit guidance for 2024 again after posting a rise of around 70% in nine-month net profit on Tuesday. The group
also increased the yearly growth of the dividend it will pay over its 2024-2035 industrial plan, to at least 4% from a previously proposed 3%.
Conference with CEO Renato Mazzoncini in Milan at 1045 GMT.
ALTEA GREEN POWER AGP.MI
Italy's bourse on Monday said it admitted the company, previously trading on Euronext Growth Milan, on the Euronext Milan platform.
DIARY
President Sergio Mattarella state visit to China ends.
Brussels, Italy's candidate for the next European Commission, Raffaele Fitto, hearing before the European Parliament's Regional Affairs Committee (0800 GMT).
Rome, Cabinet meeting chaired by Prime Minister Giorgia Meloni (0930 GMT).
Rome, Prime Minister Giorgia Meloni meets Florida Governor Ron DeSantis (1400 GMT).
Milan, Industry Minister Adolfo Urso addresses 29th Fashion Summit via videoconference; (0700 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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