Italy - Factors to watch on Nov. 11

FAE Technology SpA SB

11/11/2022 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 .
    POLITICS
    Italy approved a package of measures worth 9 billion euros
($8.96 billion) on Thursday to soften the impact of high energy
prices, increase gas output and preserve stocks ahead of the
winter.
    The decree also raises a limit on cash payments to 5,000
euros ($5,078) from 1,000 euros, effective from next year.
    DEBT
    Treasury announces minimum guaranteed annual real coupon for
new 6-year BTP Italia bond.
    Treasury sells 2.25-2.75 billion euros 3.50% BTP bonds due
Jan. 15, 2026; 3.5-4.0 billion euros new 3.85% BTP bonds due
Dec. 15, 2029; 1.5-2.0 billion euros 4.0% BTP Green bonds due
April 30, 2035. Subscriptions close at 1000 GMT.
    COMPANIES
    ATLANTIA  ATL.MI  
    The Benetton family and U.S. investment fund Blackstone
 BX.N  have secured Atlantia shares accounting for 62.2% of its
capital as of Thursday, a day before the deadline for their
takeover bid, Reuters calculations based on bourse data showed.
    In a separate statement, Atlantia said EBITDA rose 16% to
3.35 billion euros in the first nine months of the year.
    TOD'S  TOD.MI  
    Sales at fashion group Tod's rose by a bigger-than-expected
16.4% in the first nine months of the year, as the founding
Della Valle family weighs whether to push ahead with a proposed
de-listing of the group.
     CFO Emilio Macellari said the Della Valles were still
considering whether to proceed with the de-listing by merging
Tod's into the family's holding company - a possibility
envisaged in the offer's investor document.
    SNAM  SRG.MI  
    The gas grid operator will invest 3.7 billion euros in the
national gas network to improve transport facilities from the
south to the north of the country and boost supply from Africa,
it said on Thursday.
    PRYSMIAN  PRY.MI  
    A strong performance at its energy business, driven by
growing demand for electricity, helped the world's biggest cable
maker Prysmian to beat earnings expectations for the first nine
months of 2022 and lift its forecasts for the full year.
    WEBUILD  WBD.MI 
    Webuild said orders acquired this year totalled 13.1 billion
euros and confirmed guidance for 2022.
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI 
    Releases Q3 results (before Bourse opening); followed by
conference call (0800 GMT).
    UNIPOL  UNPI.MI  and UNIPOLSAI  US.MI 
    Release Q3 results (before Bourse opening), followed by
conference call (1100 GMT).
    A2A  A2.MI 
    Conference call on Q3 results with analysts (0830 GMT) and
with the press (1030 GMT).
    AZIMUT  AZMT.MI 
    Board meeting on Q3 results.
        FAE TECHNOLOGY  FAET.MI 
    Design, prototyping, engineering and production of solutions
for the integrated electronics sector company debuts on Euronext
Growth Milan.
    DOVALUE  DOVA.MI 
    Conference call on Q3 results (0930 GMT).
    ILLIMITY BANK  ILTY.MI 
    Conference call on Q3 results (0800 GMT).
    DIARY
    Rome, government convenes with representatives of businesses
(1200 GMT).
    Rome, Association for Consumer Protection and Guidance
(ADOC) continues 9th congress (0830 GMT); ends on Nov. 12. On
Friday expected attendees include Energy Authority ARERA
Secretary General Roberto Malaman (1400 GMT).
    Milan, ISPI and Italian Group of Trilateral Commission hold
lunch talk with ECB board member Fabio Panetta (1130 GMT).
    Verona, Cariverona Foundation holds news conference to
present "2023–2025 Multi-annual Planning Document" and "2023
Yearly Programming Document" with President Alessandro Mazzucco,
Director General Filippo Manfredi (1000 GMT).
    ((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/