Italy - Factors to watch on May 7

Banco di Desio e della Brianza

07/05/2021 05:00

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 .
    
    ECONOMY
    Italy, Moody's rating agency scheduled reviews of sovereign
debt rating.
    ISTAT releases March retail sales data (0800 GMT).
    Bank of Italy releases April data on Target 2 liabilities
and European Central Bank funding to Italian banks.
    
    DEBT
    Treasury announces sale of 12-month BOT bills, with relative
amounts to be auctioned on May 12.
    
    COMPANIES
    ENEL  ENEI.MI 
    Enel bumped up spending on its green energy and networks
businesses in the first quarter as it seeks to accelerate
efforts to cut its carbon footprint.  urn:newsml:reuters.com:*:nL8N2MT88Z
    
    LEONARDO  LDOF.MI 
    Italian defence group Leonardo said on Thursday it still
plans to list its U.S. unit DRS after reporting a 132% jump in
first-quarter core profit.  urn:newsml:reuters.com:*:nL8N2MT8EC
    
    BANCO BPM  BAMI.MI 
    Italy's Banco BPM said on Thursday it would accelerate its
bad loans clean as it prepares for a merger deal, after
higher-than-forecast revenues drove its quarter profit above
analyst expectations.  urn:newsml:reuters.com:*:nL8N2MT8CW
    
    TELECOM ITALIA  TLIT.MI 
    TIM said that following reports on Thursday claiming the
government was set to drop a plan to create a single ultra-fast
broadband network, it would file a complaint with market
watchdog Consob, adding that interpretations in the press were
"entirely inappropriate and unsubstantiated".  urn:newsml:reuters.com:*:nL8N2MT2XW
    
    BANCO DESIO  DESI.MI 
    Banco Desio Q1 net profit up at 20 million
euros. urn:newsml:reuters.com:*:nFWN2MT1DS 
    
    BANCA PROFILO  PRO.MI 
    Banca Profilo Q1 net profit up at 2.8 million euros.
 urn:newsml:reuters.com:*:nFWN2MT1DO 
    
    PANARIAGROUP  PAGR.MI 
    Panariagroup's board deemed the consideration of 1.85
euros/shr in takeover bid launched by Finpanaria
adequate. urn:newsml:reuters.com:*:nFWN2MT233
    
    BUZZI UNICEM  BZU.MI 
    Annual general meeting (1000 GMT) and board meeting on Q1
results.
    
    BPER BANCA  EMII.MI 
    Board meeting on Q1 results, followed by conference call
(1600 GMT).
    
    CREDITO EMILIANO  EMBI.MI 
    Board meeting on Q1 results.
    
    DIARY
    Foreign Press Association FB live streaming n "Italy aims
for high speed" with Transport Minister Enrico Giovannini (0900
GMT).
    Bank of Italy and BIS holds online presentation "G20
TechSprint 2021" for green and sustainable finance with Bank of
Italy Governor Ignazio Visco, Italian Economy Minister Daniele
Franco, Bank of Italy Vice Director General Alessandra
Perrazzelli, BRI Innovation Hub Head Benoît Coeuré, BRI
Innovation Hub Singapore Centre Head Andrew McCormack (0945
GMT).
    ISPI holds 'T20 Spring Roundtables' on Friday on "EU, US &
China. The impossible triangle?" with EU Economy commissioner
Head of Cabinet Marco Buti (1230 GMT).
    Rome, EU Commissioner for Economy Paolo Gentiloni speaks via
videoconference before Senate and Chamber of Deputies Finance
committees on the reform of personal income tax and other
aspects of the tax system (1230 GMT).
    Florence, European University Institute (EUI) ends The State
of the Union 2021 on "Europe in a Changing world"; expected
attendees include EU Commission Executive Vice President for
European Green Deal Frans Timmermans, WTO President Ngozi
Okonjo-Iweala, EU Industry Commissioner Thierry Breton, ECB
President Christine Lagarde, EU High Representative For Foreign
Affairs and Security Policy Josep Borrell Fontelles; Italian
Foreign Affairs Minister Luigi Di Maio delivers closing address.
    Turin, G20 ends "2nd Sherpa Meeting".
    
    ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, 
milan.newsroom@news.reuters.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/