Italy - Factors to watch on April 30

Hera SpA

30/04/2024 05:00

The following factors could affect Italian markets on Tuesday.
    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
    Energy ministers from the Group of Seven (G7) wealthy
countries reached a deal to shut down their coal-fired power
plants by 2035 at the latest, in a significant step towards the
transition away from fossil fuels.
    
    Italy and France on Monday signed a letter of intent to
create a joint industrial hub for ground defence involving
companies from both countries, an Italian defence ministry
statement said, looking to boost the European defence industry.
    ...
    
    ECONOMY
    ISTAT releases Q1 GDP flash data (0800 GMT); April CPI flash
data (0900 GMT); Q1 wage inflation data (1000 GMT).
    
    COMPANIES
    
    STELLANTIS  STLAM.MI 
    Q1 results, followed by conference call (1200 GMT).
    
    TELECOM ITALIA  TLIT.MI  
    A  Milan court has cancelled the seizure of 250 million
euros ($268 million) from Telecom Italia previously ordered by
prosecutors in a case over alleged fraud through the
unauthorised activation of services to customers, a court
document showed.
    
    PRYSMIAN  PRY.MI  
    Valerio Battista, who stepped down as CEO this month, will
receive termination payments equal to 24 months of base salary
(2.2 million euros), which will be paid in May 2024, the company
said.
    Battista also maintains the right to a prorated number of
shares at the end of the three-year performance period for the
2023-25 Long-term Incentive Plan, subject to the achievement of
the predetermined performance conditions for the plan.
        
    AMPLIFON  AMPF.MI 
    Extraordinary shareholders' meeting (1200 GMT).
    
    
    HERA  HRA.MI 
        Annual and extraordinary shareholders' meetings (0800
GMT).
    
    NEXI  NEXII.MI 
    Annual and extraordinary shareholders' meetings (0800 GMT).
    
    TENARIS  TENR.MI 
    Annual and extraordinary shareholders' meetings (1300 GMT).
    
    DIARY
    Rome, Cabinet meeting chaired by Prime Minister Giorgia
Meloni (0930 GMT).
    Rome, Industry Ministry hosts meeting with trade unions,
Industry Minister Adolfo Urso and Undersecretary Fausta
Bergamotto (1600 GMT).
    Rome, conference "Outdoor Advertising - Taxation, Urban
Decorum and Digital Transition" (0930 GMT); expected attendees
include road maintenance agency ANAS CEO Aldo Isi, Economy
Undersecretary Sandra Savino.
    Turin, G7 'Climate, energy and environment' ministerial
meeting ends.
    
    ((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/