The following factors could affect Italian markets on Wednesday.
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
Bank of Italy releases December data on public finances,
state borrowing and debt.
COMPANIES
TELECOM ITALIA TLIT.MI (TIM)
The group's core profit fell a touch less than feared last
year, helped by lower costs and some signs of improvement in its
battered domestic business in the fourth quarter, the former
Italian phone monopoly said on Tuesday.
Conference call with analysts (1000 GMT) and online news
conference (1300 GMT) on FY results and 2023-2025 industrial
plan update.
ENEL ENEI.MI
A sale of Enel's Romanian assets is moving "in the right
direction" and it expects a deal before the end of June, the
chief executive of the Italian power utility said on Tuesday.
MEDIOBANCA MDBI.MI , ANIMA HOLDING ANIM.MI
A financial investor which is not already a shareholder in
Anima Holding has tasked Mediobanca with buying a stake of up to
9% in the Italian asset manager, the investment bank said on
Tuesday.
AZIMUT HOLDING AZMT.MI
Timone Fiduciaria, the top shareholder in the Italian asset
manager and an investment vehicle owned by thousands of Azimut
managers and financial advisers, said on Tuesday it would sell
an around 0.9% stake in the company to repay a loan.
UNICREDIT CRDI.MI
Italy's No.2 bank is exploring strategic options for its
merchant acquiring business though evaluations are very
preliminary and may not lead to any decision, a person close to
the matter said, confirming a Bloomberg report. CEO Andrea Orcel
has said UniCredit would study other possible partnerships for
its businesses.
PIRELLI PIRC.MI
Board member Bai Xinping will step down as of Feb. 22 due to
the assumption of new professional responsibilities at Sinochem
Group, the tyremaker said on Tuesday.
ACEA ACE.MI
The company said on Tuesday its Chairwoman Michaela Castelli
had resigned effective immediately citing personal reasons.
FERRARI RACE.MI
Ferrari will make marginal changes to their Formula One race
team but anything more substantial can wait until after the
opening rounds of the season, new boss Fred Vasseur said on
Tuesday.
INTERPUMP GROUP ITPG.MI
Board meeting on Q4 and FY results.
TENARIS TENR.MI
Board meeting on Q4 results.
AUTOGRILL AGL.MI
Board meeting on FY results (revenues).
EDISON EDNn.MI
Board meeting on FY results.
DIARY
Itinerari Previdenziali holds online conference dedicated to
institutional investors "Investments in energy winter" (0800
GMT); attendees include Energy Authority ARERA President Stefano
Besseghini(0920 GMT); Environment and Energy Security Minister
Gilberto Pichetto Fratin (1045 GMT).
ISTAT and business lobby Confindustria hold online workshop
"Permanent Business Census. The new multi-purpose survey and the
register system for a territorial analysis of the production
system" (0930 GMT).
Rome, Chamber of Deputies Speaker Lorenzo Fontana meets the
Italian Football Federation (FIGC) President Gabriele Gravina
(1600 GMT).
Rome, banking association ABI holds Executive Committee
meeting (0930 GMT); European Affairs, South and PNRR Minister
Raffaele Fitto attending.
((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))
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/