Italy - Factors to watch on October 16
Italy - Factors to watch on October 16 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 (*).
ECONOMY
ISTAT releases final data on September consumer prices (0900 GMT) and August foreign trade and import prices (1000 GMT).
Bank of Italy publishes economic bulletin (1300 GMT).
DEBT
Treasury to communicate guaranteed minimum coupon rates for new retail dual-tranche 5-year BTP VALORE.
COMPANIES
(*) UNICREDIT CRDI.MI
Italy's second-largest bank said on Thursday that the European Central Bank had authorised it to take control of Commerzbank CBKG.DE, after a hostile takeover offer completed in July lifted its stake in the German rival to 48%.
BRUNELLO CUCINELLI BCU.MI
The luxury group posted on Thursday a double-digit growth in third-quarter revenues, standing out in a sector still grappling with a prolonged slowdown, and raised guidance for the current year.
STELLANTIS STLAM.MI
The Franco-Italian automaker is testing a new diesel-hybrid powertrain for its large-sized commercial vehicles in Europe, the Italian Uilm union said on Thursday after a meeting with the company.
(*) France and Germany are nearing a deal on cars that would water down EU-wide CO2 emission targets for 2035 and open the door for Britain to be treated as a trusted partner under the EU's "Made in EU" rules, diplomats said.
ENI ENI.MI
The energy group will start drilling up to six development wells from November that will feed gas to its new Coral North floating liquefied natural gas platform offshore Mozambique, a senior executive told Reuters on Thursday.
A workers' protest linked to the crisis of the former Ilva steelworks in Taranto, southern Italy, continues to block access to Eni's local refinery, the group said on Thursday, warning it could lead to a planned shutdown of the plant.
BANCA MONTE DEI PASCHI DI SIENA (MPS) BMPS.MI
(*) MPS may revise or scrap the 50% acceptance threshold for its offer on Banco BPM BAMI.MI, while it would not change it for its other offer on Banca Generali BGN.MI, financial daily MF reported on Friday.
Fondaco Lux, which holds about 0.41% of the Tuscan lender, said on Thursday it would vote against CEO Luigi Lovaglio's plan to buy Banco BPM and Banca Generali at an October 29 shareholders' meeting.
DIARY
Brussels, Prime Minister Giorgia Meloni attends EU summit.
Bangkok, Economy Minister Giancarlo Giorgetti takes part in IMF-World Bank meetings.
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
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/