Factors to watch on May 10

Digital Value SpA

10/05/2023 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 .
    
    POLITICS
    Italian Prime Minister Giorgia Meloni on Tuesday began
meetings with opposition parties to discuss her plans to reform
the constitution and end chronic political instability in the
euro zone's third largest nation.
    
    ECONOMY
    ISTAT releases March industrial output data (0800 GMT) and
monthly bulletin on the state of the economy in April (0900
GMT).
    Bank of Italy releases March data on Italian residents
deposits with domestic banks, banks lending to non-financial
companies and gross bad loans at Italian banks.
    
    DEBT
    Treasury sells 7.0 billion euros 12-month BOT bills.
Subscriptions close at 0900 GMT.
    
    COMPANIES
    TERNA  TRN.MI 
    The Board unanimously appointed Giuseppina Di Foggia as
Chief Executive Officer and General Manager of the company, a
statement said on Tuesday. 

    LEONARDO  LDOF.MI 
    The defence group has appointed former energy and
environment minister Roberto Cingolani as chief executive
officer and general manager.
        
    BPER BANCA  EMII.MI 
    The lender is on track to meet its 2022-2025 financial
targets earlier than expected, after first-quarter net profits
more then doubled on higher interest rates, it said on Tuesday. 
    
    INWIT  INWIT.MI 
    Italy's biggest telecoms tower firm reported an 18.9%
year-on-year increase in first-quarter core profit on Tuesday,
as revenues were boosted by inflation-linked fees, along with
the development of indoor coverage and news services.
        
    FINCANTIERI  FCT.MI 
    The Italian shipbuilder said on Tuesday it had reported an 
EBITDA of 87 million euros in the first quarter. 
    "Capital Markets Day" (0800 GMT), followed by news
conference (1030 GMT).
        
  
    AVIO  AVI.MI 
    The Italian aerospace group reported on Tuesday an adjusted
EBITDA of 2.6 million euros in the first quarter, up from 1.2
million euros a year earlier. 
        
  
        BANCA POPOLARE DI SONDRIO  BPSI.MI , BANCA PROFILO
 PRO.MI 
        The lender did not comment on Tuesday 
    media reports
     about its possible interest in buying Banca Profilo. 
  
        
  
    ENI  ENI.MI 
    Annual and extraordinary shareholders' meetings (0800 GMT).
    Environmental groups Greenpeace and ReCommon said on Tuesday
they had launched a lawsuit against the Italian energy group for
contributing to climate change. Eni said it would prove in court
"the groundlessness of the lawsuit".
    
    ENEL  ENEI.MI 
    Annual general meeting (1200 GMT).
    
    BANCA MEDIOLANUM  BMED.MI 
    Board meeting on Q1 results, followed by conference call
(1430 GMT).
    
    ACEA  ACE.MI 
    Board meeting on Q1 results, followed by conference call
(1430 GMT).
    
    SARAS  SRS.MI 
    Board meeting on Q1 results, followed by conference call
(1430 GMT).
    
    TOD'S  TOD.MI 
    Board meeting on Q1 results (sales), followed by conference
call (1600 GMT).
    
        DIGITAL VALUE  DGV.MI 
  
        Is listed on Euronext Milan as of Wednesday.
  
    
    HERA  HRA.MI 
    Board meeting on Q1 results.
    
    TELECOM ITALIA <(TIM)  TLIT.MI 
    Board meeting on Q1 results.
    
    ARNOLDO MONDADORI EDITORE  MOED.MI 
    Board meeting on Q1 results, followed by conference call.
    
    NEXI  NEXII.MI 
    Board meeting on Q1 results, press release on May 11.
        
  
        SNAM  SRG.MI 
    Board meeting on Q1 results, press release on May 11.
    
    INDUSTRIE DE NORA  DNR.MI 
    Board meeting on Q1 results, press release on May 11.
    
    DIARY
    Norway, President Sergio Mattarella starts official visit;
ends on May 12.
        Prague, Prime Minister Giorgia Meloni official visit;
followed by joint news conferences woth Czech Prime Minister
Petr Fiala (1240 GMT) and with Czech President Petr Pavel (1530
GMT).
  
    Rome, forum fuels mobility "Transport: between environment
and energy security" starts (1215 GMT); ends on May 11. On
Wednesday Environment Minister Gilberto Pichetto Fratin delivers
welcome remarks (1230 GMT); expected attendees at panel "New
energy and environmental scenarios in the current geopolitical
context" Italy's agency for technologies, energy and environment
ENEA President Gilberto Dialuce (1245 GMT); round-table
discussion "Transport and logistics: new needs, new
opportunities and new technologies", civil aviation authority
(ENAC) President Pierluigi Di Palma (1315 GMT); round-table
discussion "The fuel distribution network: time to restructure?"
Industry Undersecretary Massimo Bitonci (1430 GMT).
    Rome, Gardant and LUISS University hold event "Meeting on
NPE: proposals for corporate crisis management" (0900 GMT);
expected attendees include Gianluca Aloia from Bank of Italy,
Teresio Testa from Banco BPM  BAMI.MI .
    Milan, Industry Minister Adolfo Urso attends steel industry
body Federacciai public meeting (1330 GMT).
    Milan, "Luxury Summit 2023, the future of exclusivity is
sustainability" in presence and online (0800 GMT); expected
attendees include business lobby Confindustria Fashion unit
President Ercole Botto Poala, Italian Fashion Chamber President
Carlo Capasa, Antonella Centra from Gucci, LVMH  LVMH.PA  Metier
d'Art CEO Matteo de Rosa, fashion house Dolce & Gabbana CEO
Alfonso Dolce, Kiton President Maria Giovanna Paone.
    Milan, Intesa Sanpaolo  ISP.MI  presents "Look4ward"
observatory, with Chief Economist Gregorio De Felice (0900 GMT).
    Milan, "Made in Steel" continues (0800 GMT); ends on May 11.
    
    ((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/