Italy - Factors to watch on Dec. 15

Digital Magics SpA

15/12/2021 05:00

The following factors could affect Italian markets on Wednesday.
    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 120 coronavirus-related deaths on Tuesday
against 98 the day before, the health ministry said, while the
daily tally of new infections rose to 20,677 from 12,712.
 urn:newsml:reuters.com:*:nS8N2RZ00H
    
    POLITICS
    Italy on Tuesday extended a COVID-19 state of emergency to
March 31 and ruled that all visitors from EU countries must take
a test before departure, amid concerns over the spread of the
Omicron variant of the coronavirus.  urn:newsml:reuters.com:*:nL1N2SZ26S
    
    ECONOMY
    ISTAT releases November CPI final data (0900 GMT).
    Bank of Italy releases October data on public finances,
state borrowing and debt.
    
    COMPANIES
    ASSICURAZIONI GENERALI  GASI.MI 
    Philippe Donnet, chief executive of Italy's largest insurer,
will on Wednesday outline a new company strategy to try to fend
off a leadership challenge brought by two billionaire investors.
 urn:newsml:reuters.com:*:nL8N2SV301
    Digital 'Investor Day' (0800 GMT).
    The board of Italy's top insurer Generali on Tuesday
approved a new business plan presented by Chief Executive
Philippe Donnet with 11 votes in favour out of 13, two people
close to the matter said.  urn:newsml:reuters.com:*:nS8N2GW01R
    
    BPER BANCA  EMII.MI , CARIGE  CRGI.MI 
    Italy's BPER said on Tuesday it made a non binding offer to
Italy's depositor protection fund FITD to buy 88.3% in rival
Banca Carige for one euro.  urn:newsml:reuters.com:*:nL8N2SZ677
    Carige has a board meeting scheduled for Wednesday.
    FITD holds a meeting on Thursday and needs to get its
members' approval on BPER's offer, two sources close to the
matter told Reuters.  
    
    SALVATORE FERRAGAMO  SFER.MI 
    The Italian luxury group on Tuesday said that Ferragamo
family's right-hand man Michele Norsa had resigned from
executive vice chairman, signalling the end of a period of
transition for the group. Norsa, a former Ferragamo CEO, was
brought back to help the company weather the COVID-19 storm. New
CEO Marco Gobetti will arrive at the beginning of
January. urn:newsml:reuters.com:*:nFWN2SZ13K
    
    BRUNELLO CUCINELLI  BCU.MI 
    The Italian luxury group raised its 2021 sales guidance for
the fourth time this year.  urn:newsml:reuters.com:*:nL8N2SZ5PS
    
    OVS  OVS.MI  
    The Italian clothing group said on Tuesday it had raised its
revenue and core profit forecasts for the full year, after it
reported a 160% increase in the nine-month core profit.
 urn:newsml:reuters.com:*:nL8N2SZ5KU
    
    LEONARDO  LDOF.MI 
    Italian aerospace and defence group said on Tuesday the
first two Eurofighter Typhoons for Kuwait Air Force had landed
in the country.  urn:newsml:reuters.com:*:nS8N2A4074
    
    EDISON  EDNn.MI 
    Presents 2022-2030 renewable sources development plan in
Milan (1100 GMT).
    
    ILLIMITY  ILTY.MI 
    Ordinary and extraordinary shareholders' meeting (0800 GMT).
    
    INVESTINDUSTRIAL ACQUISITION CORP  IIAC.N   5X1.F 
    Extraordinary general meeting to approve its business
combination with Ermenegildo Zegna ahead of a planned listing of
the company on NYSE (0800 GMT).
    
    DIARY
    Symbola and Enel  ENEI.MI  present research "100 Italian
Circular Economy Stories" online with Symbola President Ermete
Realacci, Enel CEO Francesco Starace (1000 GMT).
    Rome, Prime Minister Mario Draghi speaks before Chamber of
Deputies (0800 GMT) and Senate (1500 GMT) ahead of European
Council meeting due on Dec. 16-17.
    Rome, Economy Minister Daniele Franco speaks before
Parliamentary Committee for the Security of the Republic
(COPASIR) (1100 GMT).
    Rome, German Ambassador Viktor Elbling speaks before Chamber
of Deputies Foreign Affairs Committee on foreign policy lines of
the new German government (1300 GMT).
    Rome, Industry Minister Giancarlo Giorgetti attends via
videoconference at banking association (ABI) Executive Committee
meeting (0900 GMT).
    Rome, Health Ministry holds news conference "Start of
COVID-19 vaccination campaign for paediatric children (5-11
years)" with Superior Health Council President Franco Locatelli
(0930 GMT).
    Rome, The European House Ambrosetti holds annual event
'Italian-French Dialogues for Europe' on "Italy and France: a
strengthened alliance with the Quirinal Treaty" with Enel
 ENEI.MI  Chairman Michele Crisostomo, Telecom Italia  TLIT.MI 
(TIM) Chairman Salvatore Rossi (0800 GMT).
    Milan, conference "Becoming a sustainable small- and
medium-sized company" with Digital Magics  DMG.MI  CEO Marco Gay
(0930 GMT).
    Milan, Findomestic presents 28th edition survey on "Durable
goods markets and new consumption trends" (1030 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/