Italy - Factors to watch on Nov. 14
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.
POLITICS
President Sergio Mattarella told Elon Musk on Wednesday not to interfere in Italian affairs after the U.S. billionaire said Rome judges blocking a government anti-immigration initiative should be sent packing.
COMPANIES
MONTE DEI PASCHI BMPS.MI, BANCO BPM BAMI.MI, ANIMA HOLDING ANIM.MI
Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena, bringing on board rival Banco BPM as a shareholder with a 5% stake.
(*) Fund manager Anima Holding, for which Banco BPM last week launched a buyout offer, bought a 3% stake. Businessman Francesco Gaetano Caltagirone, a shareholder in both Banco BPM and Anima, also invested in MPS with a 3.5% stake, as did the Del Vecchio family holding company Delfin, two separate sources familiar with the matter said.
With the sale, Italy's Treasury will reduce state ownership of MPS to 11.7% from 26.7%.
TELECOM ITALIA TLIT.MI
Italy's biggest telecoms group aid on Wednesday it remained on track to meet its earnings and debt targets following the sale of its fixed-line access network as it reported a 7.6% rise in core profit in the third quarter.
Conference call on Q3 results (1000 GMT).
(*) SAIPEM SPMI.MI
The Italian energy contractor said on Thursday it signed a $1.9 billion deal with a subsidiary of TotalEnergies TTEF.PA in Suriname for the subsea development of the GranMorgu offshore project.
PIRELLI PIRC.MI
Through his holding company Camfin, Marco Tronchetti Provera has raised his stake in the Italian tyremaker to just over 26% after three recent purchases totalling 4 million shares, or 0.4% of the capital, a bourse filing showed on Wednesday.
CREDEM EMBI.MI
The Italian bank and France's Worldline WLN.PA announced on Wednesday a long-term partnership in collecting payments for retailers in Italy.
LEONARDO LDOF.MI
Turboprop maker ATR, co-owned by Leonardo and Airbus AIR.PA, said on Wednesday it was stopping development of its short take-off and landing variant, the ATR 42-600S, following an extensive market review and lingering supply chain tensions.
(*) MFE-MEDIAFOREUROPE MFEB.MI
ProSiebenSat.1, of which Italy's MFE is the largest shareholder, is progressing with talks on the possible disposal of its online businesses, it said upon releasing quarterly results on Thursday. MFE has increased its stake in the German rival to 29.99%, German media watchdog KEK said on Wednesday.
MAIRE MTCM.MI
The engineering company said on Wednesday that Yousef Al Nowais had bought a 5% stake in its subsidiary Nextchem, valuing it at 1.25 billion euros ($1.33 billion), in a move aimed at bolstering its presence in the Middle East.
ERG ERG.MI
Board meeting on Q3 results, followed by conference call (1330 GMT).
INTERPUMP GROUP ITPG.MI
Board meeting on Q3 results.
FINCANTIERI FCT.MI
Board meeting on Q3 results.
DIARY
Rome, Industry Minister Adolfo Urso chairs meeting on Stellantis STLAM.MI with representatives from the company, regional politicians, trade unions and automotive industry lobby ANFIA (1100 GMT).
Rome, Assicurazioni Generali GASI.MI Italian CEO Gianfranco Fancel and other representatives address Chamber of Deputies on the survey on financial investments and the composition of the assets of social security institutions and pension funds also in relation to the development of the financial market and the contribution made to the growth of the real economy (0730 GMT).
Rome, Bank of Italy, European Central Bank and World Bank hold 3rd edition of joint conference "Trade, value chains and financial linkages in the global economy" (to Nov. 15).
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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