Italy - Factors to watch on November 7
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
Right-wing Prime Minister Giorgia Meloni on Wednesday congratulated Donald Trump after his victory in the U.S presidential election, and said it would strengthen ties between the two countries.
ECONOMY
OECD releases October composite leading indicator data (1100 GMT).
DEBT
Treasury announces sale of 12-month BOT bills, with relative amounts to be auctioned on Nov. 12.
COMPANIES
BANCO BPM BAMI.MI
The lender on Wednesday said it would launch a buyout offer to gain full control of asset manager Anima Holding ANIM.MI in an up to 1.6 billion euro ($1.7 billion) deal.
Italy's third-largest bank said on Wednesday it could beat its 2024 earning per share (EPS) guidance after posting a 79.8% rise in nine-month net profit from a year earlier.
ENEL ENEI.MI
Italy's biggest utility said on Wednesday its nine-month core profit rose 6.5% year on year, on the back of strong renewable power production, which more than compensated a fall in retail energy prices in its home country.
PIRELLI PECI.MI
The company said on Wednesday that Italy's Prime Minister's Office opened an administrative procedure against its largest shareholder, China's Sinochem, for a possible breach of provisions Rome imposed to shield the tyremaker's autonomy.
TERNA TRN.MI
The power grid operator said on Wednesday it had reached a deal with utility Acea ACE.MI to buy part of the high-voltage network in the Rime area, in a move aimed at improving the electricity transmission service.
BANCA POPOLARE DI SONDRIO BPSI.MI
The lender said on Wednesday it exceeded the minimum requirement for own funds and eligible liabilities (MREL) requirements.
(*) IVECO IVG.MI
The group said on Thursday its operating profit fell 12.6% in the third quarter of this year, as a decline in volumes in heavy-duty truck and bus segments was only partially offset by pricing power and cost management.
Conference call (1000 GMT).
(*) BPER BANCA EMII.MI
Italy's fourth-largest bank on Thursday raised its capital ratio guidance for the year after reporting a slight increase in nine-month net profit.
Conference call (0900 GMT)
(*) TENARIS TENR.MI
Italian steel pipe maker forecast late on Wednesday a slowdown in the fourth-quarter sales and EBITDA due to sluggish demand in Mexico and Saudi Arabia, along with lower prices of oil country tubular goods (OCTG) in the Americas.
Conference call (1300 GMT).
(*) SNAM SRG.MI
The gas grid company said on Thursday its core earnings rose 12% in the first nine months driven by growth at its fuel transport business.
Conference call (1000 GMT).
LEONARDO LDOF.MI
Conference call (1630 GMT).
BANCA MEDIOLANUM BMED.MI
Board meeting on Q3 results, followed by conference call (1530 GMT).
BREMBO BRBI.MI
Board meeting on Q3 results (0830 GMT), followed by conference call (1330 GMT).
AZIMUT HOLDING AZMT.MI
Board meeting on Q3 results.
BANCA GENERALI BGN.MI
Board meeting on Q3 results.
JUVENTUS JUVE.MI
Annual and extraordinary shareholders' meetings (0900 GMT).
DEFENCE TECH HOLDING DTH.MI
Tinexta Defence Srl ends full takeover offer on Defence Tech Holding shares; started on Oct. 14.
UNIEURO UNIR.MI
Fnac Darty FNAC.PA and RUBY Equity Investment Sarl re-opening of voluntary public tender and exchange offer on Unieuro ordinary shares continues; ends on Nov. 8.
DIARY
President Sergio Mattarella starts state visit to China; ends on Nov. 12.
Chamber of Deputies Speaker Lorenzo Fontana attends 10th Meeting of G20 Countries Presidents of Parliaments in Brasilia (to Nov. 8).
Giorgia Meloni attends European Political Community (EPC) summit in Budapest.
Rome, Economy Minister Giancarlo Giorgetti speaks before Senate and Chamber of Deputies on budget law (1300 GMT).
Rome, Austria National Defence Committee President Volker Reifenberger addresses Chamber of Deputies Defence Committee (0730 GMT).
Rome, Defence Minister Guido Crosetto addresses Senate Foreign and Defence committees on the 'Defence Multi-year Planning Document for 2024-2026' (0730 GMT).
Rome, Industry Minister Italy Adolfo Urso attends event on "Public service challenges" (0900 GMT).
Rome, Senate holds 'question time' session with Industry Minister Adolfo Urso (1400 GMT).
Rome, Industry Minister Adolfo Urso attends event on justice (1515 GMT).
Rome, Industry Minister Adolfo Urso attends meeting on 'Beko' (1630 GMT).
Rome, Interior Minister Matteo Piantedosi attends presentation of police's 2025 calendar (1600 GMT).
Milan, "Insurance Summit 2024" with insurance supervisor IVASS President and Bank of Italy Deputy Governor Luigi Federico Signorini, insurers' association ANIA President Maria Bianca Farina, Unipol UNPI.MI Chairman Carlo Cimbri, Assicurazioni Generali GASI.MI Italian CEO Giancarlo Fancel (0800 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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