Italy - Factors to watch on Nov. 29
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.
POLITICS
(*) A nationwide strike on Friday is expected to force the cancellation of flights, bus and underground services, the closure of some schools and reduced medical care, in a protest by two of the country's largest unions against the government's budget plans.
DEBT
SCOPE credit ratings agency reviews Italy's sovereign debt rating.
ECONOMY
ISTAT releases September industry sales data (0900 GMT); November CPI flash data (1000 GMT); October non-EU foreign trade data (1100 GMT).
COMPANIES
UNICREDIT CRDI.MI, BANCO BPM BAMI.MI
(*) A spokesperson for Italy's second largest bank denied that its bid for smaller rival Banco BPM would lead to 6,000 layoffs as had been suggested Banco BPM's chief executive Giuseppe Castagna, Italian news agencies reported on Thursday.
(*) Unicredit CEO Andrea Orcel will go to Paris this weekend to meet the CEO of French peer Credit Agricole to discuss Unicredit's takeover bid for Banco BPM BAMI.MI, daily Il Messaggero reported on Friday.
(*) European Central Bank President Christine Lagarde, asked in a Financial Times interview about Unicredit's bid for Germany's Commerzbank, said she preferred not to comment on the case in question but that in general cross-border mergers are beneficial if they produce added value.
(*) MONDADORI MOED.MI
Talks aimed at an acquisition by the Italian media company of Turin-based publishing house Lattes have broken down, daily Il Sole 24 Ore wrote on Friday.
(*) LAZIO LAZI.MI
The Italian soccer club's perfect start to the Europa League was ended by a 0-0 home draw with Bulgaria's Ludogorets on Thursday.
DIARY
Assogestioni releases October fund flows data (1000 GMT).
Rome, "G7 meeting of the Parliamentary committees for the oversight of intelligence services" ends; on Friday expected attendees at final session include National Cybersecurity Agency (CAN) Director General Bruno Frattasi (1045 GMT).
Rome, farmers lobby Coldiretti ends 22nd edition "Agriculture and Food Forum" (0830 GMT); on Friday expected attendees include Foreign Minister Antonio Tajani.
Rome, Italian farmers' association CIA holds annual meeting public session "Agriculture at the crossroads: more value to those who produce" with Agriculture Minister Francesco Lollobrigida, Economy Deputy Minister Maurizio Leo (0830 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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