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Italy - Factors to watch on April 30

The following factors could affect Italian markets on Thursday.

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

ISTAT releases Q1 GDP flash data (0800 GMT); March unemployment rate flash data (0830 GMT); April CPI flash data (0900 GMT).

BANKS

Smaller Italian banks have increased reliance on funding they raise abroad through online deposit platforms, the Bank of Italy said on Wednesday, as regulators step up monitoring of the practice.

COMPANIES

(*) STELLANTIS STLAM.MI

The Franco-Italian car maker said on Thursday its adjusted operating income almost tripled in the first quarter of this year, beating estimates, supported by vehicles sales growth in all regions, especially in the key North American market.

Conference call (1200 GMT).

UNICREDIT CRDI.MI

CEO Andrea Orcel said the process of the Italian bank's takeover of Commerzbank CBKG.DE is "unstoppable" and would prevail because the business logic is clear, according to an interview in Frankfurter Allgemeine Zeitung on Wednesday.

(*) BANCO BPM BAMI.MI

Credit Agricole CAGR.PA recently increased its stake in Italy's  third-largest Italian bank to 22.9%.

(*) PRYSMIAN PRY.MI

The Italian cable maker on Thursday reported a 14% rise in its first-quarter adjusted core profit year-on-year came in below expectations as it recorded a negative impact of 36 million euros from foreign exchange.

Conference call (0630 GMT)

PIRELLI PIRC.MI

The Italian tyremaker signed a partnership deal on Wednesday with Swedish company Univrses and acquired 30% of the firm, with an option to reach a majority stake, to integrate AI-based computer vision technologies into its Cyber Tyre system, the companies said in a joint statement.

FERRETTI YACHT.MI

(*) The Italian luxury yacht-maker is being held back by a "lack of industrial vision" and aversion to risk by its large Chinese shareholder, its chief executive told the Financial Times. Alberto Galassi said "management changes at Weichai have constrained decision-making at Ferretti and the lack of industrial vision is weighing negatively on the group.

Proxy advisor Institutional Shareholder Services (ISS) has recommended that shareholders vote for the slate of candidates submitted by KKCG Maritime at the next general meeting as it  "appears to be the best option for ensuring strategic and management continuity" at the yacht maker.

(*) BFF BANK BFF.MI

The bank is looking for a partnership and has hired Mediobanca and Morgan Stanley to study strategic options, MF reported on Thursday, naming specialised finance operator Cherry Bank as a possible partner.

PRADA GROUP 1913.F

Conference call on Q1 revenue update (1200 GMT).

INTESA SANPAOLO ISP.MI

Annual and extraordinary shareholders meetings (0800 GMT).

INWIT INWT.MI

Annual shareholders' meeting.

DIARY

Rome, Assicurazioni Generali GASI.MI CEO Philippe Donnet addresses the parliamentary committee of inquiry on the banking system.

Rome, cabinet expected to meet.

((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/

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