Italy - Factors to watch on October 8
The following factors could affect Italian markets on Tuesday.
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
The Italian government's 1% economic growth target for this year will be more difficult to reach after downward revisions made last week by national statistics bureau ISTAT, the country's central bank said on Monday.
DEBT
The Treasury said on Monday it would sell 7.5 billion euros of BOT bills at auction on Oct. 10.
The Treasury on Tuesday announces sale of BTP bonds, with relative amounts to be auctioned on Oct. 11.
COMPANIES
UNICREDIT CRDI.MI
Goldman Sachs GS.N has derivative positions in the Italian bank equivalent to a 6.7% stake as of Sept. 30, mostly swap and future contracts as well as call options, a regulatory filing showed on Monday.
(*) STELLANTIS STLAM.MI
S&P Global said on Monday that it had revised its outlook on the Franco-Italian carmaker to 'negative' due to a slump in the company's profitability.
Chrysler parent said on Monday it has filed eight additional lawsuits against the United Auto Workers and 23 local units, saying the union has violated its contract by threatening to strike over the company's delays in planned investments.
MONTE DEI PASCHI DI SIENA BMPS.MI
Barclays BARC.L owns 5.312% of voting shares in the state-controlled Tuscan lender as of Sept. 30, including 4.218% through derivatives, a regulatory filing showed on Monday.
ITALGAS IG.MI
Italy's biggest gas distributor is considering some disposals after an agreement to acquire its smaller rival 2i Rete Gas, the company's chief executive said on Monday.
UNIEURO UNIR.MI
French retailer Fnac Darty FNAC.PA and an affiliate of its top shareholder Vesa Equity Investment controlled by Czech billionaire Daniel Kretinsky said on Monday they had reduced the minimum threshold for their takeover bid for the Italian consumer electronics distributor from 90% to 66.67%.
(*) SERVIZI ITALIA SERIT.MI
Cometa said on Monday that it would launch a voluntary bid for 29.14% of the Italian company's share capital with the aim of delisting it. It offered 2.37 euros per share, a premium of 14.7% on Friday's official closing price.
DIARY
Economy Minister Giancarlo Giorgetti attends ECOFIN meeting in Luxembourg.
Rome, Economy Minister Giancarlo Giorgetti addresses Senate and Chamber of Deputies Budget committees on the budget plan (1600 GMT).
Rome, Chamber of deputies holds discussion on budget plan.
Rome, Senate starts discussion on budget plan (1200 GMT); ends on Oct. 10.
Rome, Industry Minister Adolfo Urso holds news conference to present G7 ministerial meeting 'Industry and Technology Innovation' to be held on Oct. 10 (0930 GMT).
Rome, conference on "Energy independence by 2050, the contribution of geothermal energy" (0800 GMT); Foreign Minister Antonio Tajani delivers introductory remarks; expected attendees include Saipem SPMI.MI CEO Alessandro Puliti, Energy System Research (RSE) CEO Franco Cotana, Enel ENEI.MI unit Green Power CEO Salvatore Bernabei; Environment and Energy Security Minister Gilberto Pichetto Fratin delivers closing address.
Rome, "Cybertech Europe conference and exhibition" starts (to Oct. 9); opening session with Leonardo LDOF.MI CEO Roberto Cingolani, Cabinet Undersecretary Alfredo Mantovano (0705 GMT).
Milan, debate on "Capital Law: a flywheel for companies" (0700 GMT); expected attendees include Economy Undersecretary Federico Freni, Carmine Di Noia from OECD, Laura Rinaldi from EU Commission, Algebris CEO Davide Serra, Milan Stock Exchange CEO Fabrizio Testa, joint stock companies association Assonime General Manager Stefano Firpo, EPTA Chairman and CEO Marco Nocivelli.
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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