XM does not provide services to residents of the United States of America.

Italy - Factors to watch on April 26



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Italy - Factors to watch on April 26</title></head><body>

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

Journalists at Italian state broadcaster RAI will strike next month in protest against the "suffocating control" over their work by Giorgia Meloni's right-wing government, the reporters' trade union Usigrai said on Thursday.


Italian right-wing army general Roberto Vannacci, known for disparaging LGBT people, migrants, minorities and feminists, will be a candidate for the co-ruling League party at European elections in June, the League announced on Thursday.


ECONOMY

(*) European Central Bank policymaker Fabio Panetta called on Thursday for timely and small interest rate cuts to stem the risk of prolonged economic stagnation in the euro area.

Panetta, the governor of the Bank of Italy, made the case for starting monetary easing early and going in small steps - pausing if inflation were to accelerate.


DBRS rating agency scheduled review of sovereign debt rating on Italy. (after 2000 GMT)


DEBT

ECB releases March data on Italian banks domestic government bond holdings (0800 GMT).


COMPANIES

Bourse After Hours market closed.


ENEL ENEI.MI

Czech energy group EPH, controlled by billionaire Daniel Kretinsky, is evaluating the possibility to exercise an option to take over the Italian utility's stake in the main Slovak electricity producer Slovenske Elektrarne, EPH's Chief Financial Officer Pavel Horsky said on Thursday.

Enel plans to hire up to 2,000 workers by 2026 to boost its energy distribution business in Italy, sector trade unions said on Thursday after negotiations with the company.


TENARIS TENR.MI

The steel pipe maker said on Thursday it sees sales and margins dropping in the second quarter due to sluggish drilling in North America and a decline in the third quarter due to stoppages at many of its mills. The Luxembourg-based group on Thursday reported a better-than-expected 17% yearly fall in first-quarter sales to $3.44 billion, with core earnings (EBITDA) down 33% to $987 million.

Conference call on Q1 results (1200 GMT).


UNIPOL GROUP UNPI.MI

(*) The financial group said on Thursday that, considering its pre-existing stake and the shares obtained through the offer it began in April, it had surpassed the 90% threshold of the share capital of Unipol Sai which required for the expected delisting of the insurer.

Friday is the last available day for Unipol Sai shareholders to tender their shares to Unipol.


M&A

ITA Airways and German rival Lufthansa LHAG.DE will propose further remedies to try to secure EU antitrust approval for the tie-up between the two carriers, Italy's economy minister said on Thursday.


INTERPUMP GROUP ITPG.MI

Annual general meeting (0800 GMT).


DOVALUE DOVA.MI

Annual general meeting (0900 GMT).


DIARY

Pescara, Brothers of Italy party starts programmatic conference; ends on April 28. On Friday Parliamentary Affairs Minister Luca Ciriani delivers opening address (1300 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/


</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.