Italy - Factors to watch on Nov. 5

Iniziative Bresciane Inbre SpA

05/11/2020 05:00

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 .
    
    POLITICS
    Italy's latest restrictions to try to rein in the
coronavirus include a partial lockdown of its richest and most
populous region Lombardy around the financial capital Milan,
Prime Minister Giuseppe Conte said on Wednesday.  urn:newsml:reuters.com:*:nL8N2HQ6WF
    
    DEBT
    Italy sees an increase of 35% - or 110-120 billion euros
($129-141 billion) in absolute terms - in bond issues with
medium to long term maturities this year, the Treasury's head of
debt Davide Iacovoni said during a webcast event on Wednesday.
 urn:newsml:reuters.com:*:nS8N2DT01L
    Italy will offer to buy back five bonds on Nov. 6, the
treasury said on Wednesday.  urn:newsml:reuters.com:*:nS8N2DT01K
            
    COMPANIES
    BPER BANCA  EMII.MI 
    Italy's BPER Banca reported a smaller-than-expected drop in
net profit for the third quarter on Wednesday, with an
improvement in core revenue and a fall in bad loan provisions.
 urn:newsml:reuters.com:*:nL8N2HQ6JA
    The lender is ready to pay dividends at the end of 2020, but
will wait for the ECB to take a decision on the issue, BPER CEO
said at a post-result conference call on Wednesday.  urn:newsml:reuters.com:*:nS8N2DT01N
    
    INTESA SANPAOLO  ISP.MI  
    Italy's Intesa Sanpaolo said on Wednesday it had already met
its 2020 profit goal, even before taking into account its
acquisition of rival UBI, helped by a post-lockdown rebound in
third-quarter core revenue.  urn:newsml:reuters.com:*:nL8N2HQ4GC
    
    ATLANTIA  ATL.MI 
    Atlantia said on Wednesday that motorway traffic on its
network in Italy fell 27% year-on-year in the week ended on Nov.
1. In the same period motorway traffic dropped 26.9% in France.
 urn:newsml:reuters.com:*:nS8N2DT00B
       
    UNICREDIT  CRDI.MI 
    UniCredit said on Wednesday that checks confirmed Padoan fit
to become bank's chairman.  urn:newsml:reuters.com:*:nS8N2DT01M
    Releases Q3 results, followed by conference call (0630 GMT)
and online news conference (1330 GMT).
    
    JUVENTUS  JUVE.MI  
    Italian Serie A champion club Juventus said on Wednesday it
would make its official TV channel available via Amazon's
 AMZN.O  Prime Video streaming service platform as the tech
giant expands its content offerings in Europe.  urn:newsml:reuters.com:*:nL8N2HQ5ZH
    
    TENARIS  TENR.MI 
    Conference call on Q3 results (0900 GMT).
    The group swung to an operating loss of $70 million from an
operating profit of $187 million last year.  urn:newsml:reuters.com:*:nASA01C7J
    
    BANCA GENERALI  BGN.MI 
    Board meeting on Q3 results, followed by conference call
(1300 GMT).
    
    SNAM  SRG.MI 
    Releases Q3 results (before Bourse opening), followed by
conference call (1300 GMT).
    Greek gas grid operator DESFA, 66%-owned by a consortium led
by Italy's Snam, on Wednesday signed a deal to buy a stake in an
offshore liquefied natural gas (LNG) terminal in northern
Greece, DESFA said.  urn:newsml:reuters.com:*:nL1N2HQ2WE
    
    CNH INDUSTRIAL  CNHI.MI 
    Board meeting on Q3 results, followed by conference call
(1430 GMT).
    
    BANCA MONTE DEI PASCHI DI SIENA  BMPS.MI 
    Board meeting on Q3 results, followed by conference call
(1500 GMT).
    
    ENEL  ENEI.MI 
    Board meeting on Q3 results, followed by conference call
(1700 GMT).
    
    BANCO BPM  BAMI.MI 
    Board meeting on Q3 results, followed by conference call
(1730 GMT).
    
    LEONARDO  LDOF.MI 
    Board meeting on Q3 results, followed by conference call
(1730 GMT).
    
    BANCA IFIS  IF.MI 
    Board meeting on Q3 results (0800 GMT).
    
    CREDITO EMILIANO  EMBI.MI 
    Board meeting on Q3 results.
    
    DOVALUE  DOVA.MI 
    Board meeting on Q3 results.
    
    INWIT  INWT.MI 
    Board meeting on Q3 results.
    
    CREDITO VALTELLINESE  PCVI.MI 
    Board meeting on Q3 results, press release on Nov. 6.
    
    INIZIATIVE BRESCIANE  IB.MI 
    Ends capital increase.
    
    DIARY
    52nd Credit Day, online conference on "Expertise and
efficiency for the growth of the system during the COVID-19
emergency: banks, insurances, companies"; Bank of Italy Director
General and Italian insurance supervisor IVASS President Daniele
Franco presents report; followed by round-table with insurers'
association ANIA President Maria Bianca Farina, Italian banking
association ABI President Antonio Patuelli, Vetrya  VTY.MI 
Group Chairman and CEO Luca Tommassini (0830 GMT).
    Italian banking association ABI continues annual event
'Salone dei pagamenti' on "The future is in our genes" (0830
GMT); ends on Nov. 6. Plenary session on Thursday with Bank of
Italy Director General Alessandra Perrazzelli, ABI Director
General Giovanni Sabatini, PayPal Italian unit Director Maria
Teressa Minotti, European Payments Council President Javier
Santamaria, YOOX  YXOXF.PK  representative Manuela Strippoli,
Alibaba  9988.HK  representative Andrea Ballardini, Moncler
Worldwide Omnichannel Operations Director Reiko Sahara, EU
Commission representative Antonio Conte, European Banking
Federation representative Gijs Boudewijn, EBA Clearing
representative Daniela Vinci.
    PwC holds online meeting on "Next Generation EU" with
European Affairs Minister Vincenzo Amendola, Saipem  SPMI.MI 
CEO Stefano Cao, EU Parliament represenative Irene Tinagli (1400
GMT).
    Rome, Parliamentary Committee for the Security of the
Republic (COPASIR) holds meeting on final document that closes
investigation on banks and insurance companies.
    Rome, Economy Minister Roberto Gualtieri speaks via
videoconference before Senate Finance and EU Policy Committee on
Ecofin results, meeting hold on Oct. 6 (1300 GMT).
    Rome, Interior Minister Luciana Lamorgese speaks before
Parliamentary Committee for the Security of the Republic
(COPASIR) (1100 GMT).
    Rome, state lender Cassa Depositi e Prestiti (CDP) CEO
Fabrizio Palermo speaks before Parliamentary Supervisory
Committee (1230 GMT).
    Rome, following meetings are colled on COVID-19 emergency:
    * "Conferenza delle Regioni e delle Province autonome" via
videoconference (1000 GMT);
    * "Conferenze Unificata" (1430 GMT);
    * "Stato-Regioni" (1445 GMT).
    
    ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, 
milan.newsroom@news.reuters.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/