Italy - Factors to watch on Nov. 13

Hera SpA

13/11/2024 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
    Italy's record on spending its bumper share of the EU's
post-COVID funds is patchy at best, data showed, as the minister
in charge of the matter faced a European Parliament hearing on
Tuesday over his prospective new job at the European Commission.
    
    ...
    
    DEBT
    Treasury sells following BTP bonds: 3.5-4.0 billion euros
new 2.70% due Oct. 15, 2027; 1.25-1.5 billion euros 3.50% due
Feb. 15, 2025; 1.25-1.5 billion 2.50% due Dec. 1, 2032; 1.0-1.25
billion euros 4.15% due Oct. 1, 2039. Subscriptions close at
1000 GMT.
    
    COMPANIES
    
    UNICREDIT  CRDI.MI   
    Commerzbank  CBKG.DE  is weighing the acquisition of a
mid-sized German bank as part of its strategy to fend off a
possible takeover by Italy's UniCredit, three people with
knowledge of the matter told Reuters.
    
    TELECOMS
    Swisscom  SCMN.S  offered a second set of remedies to
Italy's antitrust authority at the end of October to win
approval for a planned deal to combine its Italian arm Fastweb
with Vodafone  VOD.L  assets in the country, a letter seen by
Reuters showed.
    
    MAIRE  MTCM.MI  
    Italian engineering group Maire announced that its
Stamicarbon unit had won a licensing and Process Design Package
for a nitric acid plant in Mexico from Soluciones Químicas.
    
    
    SAIPEM  SPMI.MI  
    Blackrock held a 5% indirect stake in Italy's Saipem as of
Nov. 7, a regulatory filing showed.
     
    
    MEDIOBANCA  MDBI.MI  
    Italy's Mediobanca missed revenue estimates and cut its full
year net interest income forecast on Tuesday, sending shares
down more than 8% despite a better-than-expected quarterly
profit.
    
    ITALIAN SEA GROUP  TISGR.MI  
    Italian Sea Group is not liable in relation to the fatal
sinking of Mike Lynch's superyacht, which killed the British
tech billionaire and six others, its chief executive said on
Tuesday.
    
    HERA  HRA.MI 
    Board meeting on Q3 results.
    
    TELECOM ITALIA (TIM)  TLIT.MI 
    Board meeting on Q3 results.
    
    DIARY
    Prime Minister Giorgia Meloni expected to give speech at
COP29 meeting in Baku, Azerbaijan (morning).
    Rome, government convenes representatives from business
associations on budget law (1500 GMT).
    Rome, Manufacturing Industry and Private Companies
Association (CONFIMI) annual meeting (1000 GMT); Economy
Minister Giancarlo Giorgetti and Industry Minister Adolfo Urso
attend.
    Rome, Chamber of Deputies holds 'question time' session with
Economy Minister Giancarlo Giorgetti (1400 GMT).
    Rome, Industry Minister attends 9th edition "Digital Italy
Summit" (0930 GMT).
    Milan, Italian luxury goods companies association Altagamma
presents report on numbers, developments and trends in the
global luxury market; expected attendees include Altagamma
President Matteo Lunelli, fashion house Dolce&Gabbana CEO
Alfonso Dolce, Prada  1913.F  CEO Andrea Guerra (0930 GMT).
    Bari, Infrastructure and Transport Minister Matteo Salvini
attends presentation of 6th report "The performance of local
public transport companies" (0900 GMT).
    Florence, G7 Tourism ministerial meeting starts; ends on
Nov. 15.
    
    ((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/