Italy - Factors to watch on Nov. 22

Danieli & C Officine Meccaniche SpA

22/11/2021 05:00

The following factors could affect Italian markets on Monday.
    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
    The transition to electric cars could jeopardise 60,000 jobs
in Italy, one of the country's main metal workers' unions said
on Friday and called on the government to support a sector that
is "overwhelmed by changes".  urn:newsml:reuters.com:*:nL8N2SA4D4   
    
    DEBT
    Treasury announces sale of BTP Short and BTPei bonds, with
relative amounts to be auctioned on Nov. 25.
    
    COMPANIES
    TELECOM ITALIA (TIM)  TLIT.MI 
    Telecom Italia (TIM)  TLIT.MI  said on Sunday its board had
examined a non-binding proposal by U.S. fund KKR  KKR.N  aimed
at taking Italy's biggest phone group private that valued it at
10.8 billion euros ($12 billion).  urn:newsml:reuters.com:*:nL1N2SC041
    S&P said on Friday it had cut Telecom Italia's debt because
shrinking revenue and profits were driving higher a key measure
of the Italian phone group's debt burden as calculated by the
credit rating agency.  urn:newsml:reuters.com:*:nL8N2SA52M
    
    ENEL  ENEI.MI 
    Europe's biggest utility Enel has emerged as a frontrunner
to take control of Italian payments firm Mooney as part of a
joint bidding proposal with Intesa Sanpaolo  ISP.MI , one of
Mooney's existing investors, two sources told Reuters.
 urn:newsml:reuters.com:*:nL1N2SA22S
        
    ENI  ENI.MI 
    "Capital Markets Day" with CEO Claudio Descalzi (1300 GMT)
in Milan.
    
    FERRARI  RACE.MI 
    Ferrari's new high octane model, the Daytona SP3, ends a
long wait by lovers of its Icona-series cars, although it may
not be welcomed by those trying to curb carbon emissions.
 urn:newsml:reuters.com:*:nL1N2SB0BX
        
    AUTOSTRADE PER L'ITALIA (not listed)
    Bond holders' meetings (from 0800 GMT) on first call; on
second call on Nov. 26.
    
    Trade ex-dividend: Banca Mediolanum  BMED.MI  of 0.23 euro
per share as 2021 interim dividend; Banca Generali  BGN.MI  of
2.70 euro per share from reserves on 2020 profits; FinecoBank
 FBK.MI  of 0.53 euro per share; Intesa Sanpaolo  ISP.MI  of
0.0721 euro per ordinary share as 2021 interim dividend,
Mediobanca  MDBI.MI  of 0.66 euro per share; Poste Italiane
 PST.MI  of 0.185 euro per ordinary share as 2021 interim
dividend; Recordati  RECI.MI  of 0,53 euro per share as 2021
interim dividend; Tenaris  TENR.MI  of 0.13 U.S. dollars per
share as 2021 interim dividend; Terna  TRN.MI  of 0.0982 euro
per share as 2021 interim dividend; Danieli & C.  DANI.MI  of
0.1700 euro per ordinary share and 0.1907 euro per saving share.
    
    DIARY
    Wood MacKenzie and Reuters start "Energy Transition Europe
2021" virtual event (0855 GMT); end on Nov. 23.
    Bergamo, Brembo  BRBI.MI  newly appointed Chairman Matteo
Tiraboschi attends a book presentation at final event of
'Bergamo best performer 1.000 companies' (1600 GMT).
    
    ((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/