Italy - Factors to watch on Nov. 15
The following factors could affect Italian markets on Friday.
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.
ECONOMY
ISTAT releases October CPI final data (0900 GMT) and September foreign trade data (1000 GMT).
Bank of Italy releases September data on public finances, state borrowing and debt.
COMPANIES
ASSICURAZIONI GENERALI GASI.MI
(*) The country's top insurance group on Friday beat estimates with nine-month profits, despite a 930 million euro ($980.22 million) hit from natural disasters.
Conference call on Q3 results (1100 GMT).
STELLANTIS STLAM.MI
The carmaker does not plan to close plants or make mass redundancies in Italy, a company executive said on Thursday during talks organised by the Italian government to address concerns about the country's automotive industry.
(*) BANCO BPM BAMI.MI, MONTE DEI PASCHI (MPS) BMPS.MI
In a letter to staff cited by daily la Repubblica, the CEO of Banco BPM Giuseppe Castagna says the bank wants to grow further after its buyout offer on Anima Holding and its purchase of a 5% stake in MPS, while confirming its stand-alone strategy.
(*) POSTE ITALIANE PST.MI
The government may put off the planned sale of a new stake in the postal service operator until 2026 after raising 1.1 billion euros from this week's stake sale in MPS, Corriere della Sera reported on Friday.
(*) UNICREDIT CRDI.MI
The bank said on Friday it completed its share buyback programme, purchasing around 43.31 million shares, equal to
2.65% of the share capital, for 1.7 billion euros. UniCredit said that as of Nov. 14 it holds 5.23% of the share capital.
FINCANTIERI FCT.MI
The shipbuilder on Thursday raised its full-year revenue forecast to "above" 8 billion euros ($8.43 billion), from the "about" 8 billion previously indicated, boosted by all business segments.
PRYSMIAN PRY.MI
The world's largest cable maker said on Thursday its board had authorised the establishment of a Euro Medium Term Note issuance programme (EMTN Programme) amounting to 3 billion euros to refinance existing debt.
WEBUILD WBD.MI
The construction company on Thursday confirmed its 2024 guidance and said year-to-date orders at the end of the third quarter stood at 8.3 billion euros.
GEOX GEO.MI
The shoemaker on Thursday reported a 9.7% drop in nine-month revenue to 525.5 million euros ($555.51 million) and said it was ceasing direct operations in China and the United States.
ERG ERG.MI
The Italian energy company lowered its full-year core profit guidance on Thursday, citing the impact of exceptionally low wind levels in the third quarter.
(*) MONRIF EDII.MI
Majority stakeholder Monti Riffeser said on Thursday it is extending its full voluntary takeover offer on Monrif ordinary shares until Nov. 29.
SERVIZI ITALIA SERIT.MI
Cometa Srl ends full voluntary takeover offer on Servizi Italia ordinary share.
SALCEF GROUP SCFG.MI
First of two-day suspension from negotiations on Euronext Milan ahead of de-listing.
DIARY
Rome, Bank of Italy holds seminar within the Italian G7 presidency "A Fragmenting Trading System: where we stand and implications for policy"; Bank of Italy Governor Fabio Panetta delivers welcome address (1330 GMT); ECB Chief Economist Philip Lane moderates panel (1530 GMT).
Rome, Bank of Italy, ECB and World Bank 3rd edition joint conference "Trade, value chains and financial linkages in the global economy" ends.
Rome, Environment and Energy Security Minister Gilberto Pichetto Fratin attends conference "Energy Efficiency. New tools for sustainability after the Superbonus" (0930 GMT).
Rome, Industry Minister Adolfo Urso attends three different events at 0900 GMT, 1000 GMT, 1400 GMT.
Florence, G7 Tourism ministers' meeting ends.
Stresa, new edition annual forum "Governing Change: Humanism and Artificial Intelligence" with Economy Deputy Minister Maurizio Leo, welfare institute INPS President Gabriele Fava, Agriculture Minister Francesco Lollobrigida, Public Administration Minister Paolo Zangrillo, Invitalia CEO Bernardo Mattarella.
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/
($1 = 0.9460 euros)
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