Italy - Factors to watch on March 11

Danieli & C Officine Meccaniche SpA

11/03/2022 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 .
    
    GENERAL
    Italy reported 54,230 COVID-19 related cases on Thursday,
against 48,483 the day before, the health ministry said, while
the number of deaths fell to 136 from 156.  urn:newsml:reuters.com:*:nR1N2UM00U
    
    DEBT
    Treasury sells 2.5-2.75 billion euros zero coupon BTP bonds
due Dec. 15, 2024; 2.5-3.0 billion euros 0.45% BTP bonds due
Feb. 15, 2029; 1.25-2.0 billion euros 0.95% BTP bonds due March
1, 2037. Subscriptions close at 1000 GMT.
    
    COMPANIES    
   
    STELLANTIS  STLA.MI 
    The carmaker said in a statement on Thursday that it had
suspended all exports of cars to Russia as well as all imports
from Russia.  urn:newsml:reuters.com:*:nP6N2U0027
    
    GENERALI  GASI.MI 
    Construction tycoon Francesco Gaetano Caltagirone, the
second-biggest investor in Generali, said on Thursday he would
present his own candidate to lead Italy's biggest insurer,
challenging the reappointment of current CEO Philippe Donnet..
 urn:newsml:reuters.com:*:nL5N2VD76Y
    
    LEONARDO  LDOF.MI 
    The Italian aerospace and defence group said on Thursday it
expected free cash flow to more than double this year compared
with 2021 as governments around the world step up military
spending in response to Russia's invasion of Ukraine.
 urn:newsml:reuters.com:*:nL5N2VD7AJ
    Holds conference call on FY results (0800 GMT).

    ENI  ENI.MI  
    The Italian energy group raised £175 million in the IPO of
New Energy One Acquisition (NEOA) Corporation, the special
purpose acquisition company focused on the energy transition
that it backs financially together with Livestream LLC.
 urn:newsml:reuters.com:*:nFWN2VD165
    
    TELECOM ITALIA (TIM)  TLIT.MI  
    Advisers for TIM see the company reaching a total valuation
of as much as 27.8 billion euros, if its asset separation plan
achieves its goal of creating a single fixed-line network in
Italy, Bloomberg reported on Thursday citing people familiar
with the matter.  
    A person close to the matter said the valuation was included
in a longer-term plan stretching to 2030 which has not been
submitted to TIM's board.
        
    TOD'S  TOD.MI 
    The Italian fashion group expressed optimism for 2022
despite global uncertainties after returning to an operating
profit last year. It said it had suspended shipments to Russia,
exposure below 1%.  urn:newsml:reuters.com:*:nL5N2VD6AW  urn:newsml:reuters.com:*:nL5N2VD7BF
    
    BRUNELLO CUCINELLI  BCU.MI 
    The Italian luxury group on Thursday raised its sales
outlook for this year despite the Ukraine crisis, after beating
analyst forecasts for its 2021 profit.  urn:newsml:reuters.com:*:nL5N2VD5S4
    Cucinelli's chairman said the company's Russia exposure
could affect turnover by up to 2.4%.  urn:newsml:reuters.com:*:nR1N2UM00Y
    
    DANIELI  DANI.MI  
    The steel plants producer on Thursday posted a strong rise
in net profit in the six months ended on Dec. 31, but flagged
the Ukraine crisis had generated a persistent increase in the
costs of energy factors.  urn:newsml:reuters.com:*:nBIAb8Tnd3 
    
    ATLANTIA  ATL.MI 
    Releases FY results (0700 GMT), followed by 'Investor Day'
online on FY results and strategic plan update (0900 GMT).
    
    
    DIARY
    Rome, conference on "Thirty years of takeover bids" with
market regulator Consob Presidente Paolo Savona, Treasury
Department Director General Alessandro Rivera, Economy Ministry
representative Stefano Cappiello (1400 GMT).
    "Automotive strategy" webinar with PD party Secretary Enrico
Letta, Industry Minister Giancarlo Giorgetti, Industry
Undersecretary Anna Ascani (1600-1800). 
    
    
    ((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/