Italy - Factors to watch on Nov. 9
09/11/2022 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 .
ECONOMY
OECD releases October composite leading indicator data (1100
GMT).
COMPANIES
STELLANTIS STLA.MI
The Italo-French carmaker will halt operations at its Melfi
plant in southern Italy on Wednesday and Thursday due to a
shortage of a component using microchips, a trade unionist said.
CNH INDUSTRIAL CNHI.MI
The farming and construction machine maker is betting on
strong demand in agricultural business and pricing power to
counter inflation effects and a still-challenging supply chain
situation as it raised forecasts for this year's revenue.
FERRAGAMO SFER.MI
The Italian luxury goods group said on Tuesday that sales
rose by 12.7% annually at constant exchange rates in the first
nine months, driven by strong demand in Europe.
TELECOM ITALIA TLIT.MI
CEO Pietro Labriola on Tuesday signalled he still backed a
turnaround plan centred on the spinoff of its landline grid in
the face of an alternative project championed by an aide to
Prime Minister Giorgia Meloni.
BANCO BPM BAMI.MI
The Italian lender said on Tuesday it had raised its outlook
on net earnings per share in 2022 and 2023 after profits in the
third quarter beat expectations thanks to higher rates.
ATLANTIA ATL.MI
The Benetton-Blackstone takeover vehicle Schema Alfa said on
Tuesday that it had received all necessary authorisations and
approvals from authorities concerning its bid on Atlantia.
INDUSTRIE DE NORA DNR.MI
Releases Q3 results (before Bourse opening), followed by
conference call (1400 GMT).
IVECO GROUP IVG.MI releases Q3 results (0800 GMT),
followed by conference call (1700 GMT).
HERA HRA.MI
Board meeting on Q3 results, followed by conference call
(1400 GMT).
TELECOM ITALIA (TIM) TLIT.MI
Board meeting on Q3 results.
TERNA TRN.MI
Board meeting on Q3 results, followed by conference call
(1500 GMT).
ACEA ACE.MI
Board meeting on Q3 results, followed by conference call
(1600 GMT).
BANCA MEDIOLANUM BMED.MI
Board meeting on Q3 results (0900 GMT), followed by
conference call (with the press at 1430 GMT and with analysts at
1530 GMT).
BREMBO BRBI.MI
Board meeting on Q3 results (0830 GMT), followed by
conference call (1300 GMT).
GEOX GEO.MI
Board meeting on Q3 results, followed by conference call
(1645 GMT).
DEBT
Italy's Treasury said on Tuesday it would sell up to 8.75
billion euros in bonds at a November 11 auction. The auction
will include a new 7-year BTP and a BTP Green.
DIARY
Pambianco and PwC holds 27th Fashion Summit "Italy's role in
the new global fashion system. Prospects and future challenges"
(0800 GMT); Pambianco CEO David Pambianco delivers opening
remarks; followed by interviews to Italian Fashion Chamber
President Carlo Capasa, Stella McCartney Chairman and CEO
Gabriele Maggio, Alessandra Di Valentin from Google GOOGL.O
Italian unit, OTB founder and Chairman Renzo Rosso, Etro CEO
Fabrizio Cardinali, Safilo SFLG.MI CEO Angelo Trocchia, Kiton
CEO Antonio De Matteis, OVS OVS.MI CEO Stefano Beraldo.
Rome, Prime Minister Giorgia Meloni convenes trade unions on
mini-budget.
Rome, Economy Minister Giancarlo Giorgetti due to speak
before special joint committee of Senate and Chamber of Deputies
(0800 GMT).
Rome, Senate votes on the government's new economic and
public finance targets that will underpin its 2023 budget.
((Rome 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/