Italy - Factors to watch on November 7

Brembo NV

07/11/2024 05:00

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 he claimed 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.
    
    BPER BANCA  EMII.MI 
    Releases Q3 results (before Bourse opening), followed by
conference call (0900 GMT).
        
  
        IVECO GROUP  IVG.MI 
  
        Releases Q3 results (before Bourse opening), followed by
conference call (1000 GMT).
  
    
    SNAM  SRG.MI 
    Releases Q3 results (before Bourse opening), followed by
conference call (1000 GMT).
    
    TENARIS  TENR.MI 
    Conference call on Q3 results (0100 GMT).
    
    BANCA MEDIOLANUM  BMED.MI 
    Board meeting on Q3 results, followed by conference call
(1530 GMT).
    
    LEONARDO  LDOF.MI 
    Board meeting on Q3 results, followed by conference call
(1630 GMT).
    
    PIRELLI  PIRC.MI 
    Board meeting on Q3 results, followed by conference call
(1730 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).
    
    ((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/