Italy - Factors to watch on Feb. 1

OVS SpA

01/02/2023 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
    January PMI manufacturing S&P Global data (0845 GMT).
    ISTAT releases basket of goods used to calculate inflation
in 2023 (0900 GMT) and January flash CPI and HICP data (1000
GMT).
    Transport Ministry releases January car sales data (1700
GMT).
    January state sector borrowing requirement data.
    COMPANIES
    UNICREDIT  CRDI.MI  
    Shares in the bank closed up by more than 12% on Tuesday
after it posted a record quarterly profit and pledged to return
5.25 billion euros ($5.69 billion) from its 2022 earnings, as
CEO Andrea Orcel works to deliver on his ambitious payout plans.
    ENEL  ENEI.MI   
    Italy is considering replacements for Francesco Starace as
chief executive of the country's biggest utility as key
government figures are unhappy with him, three political sources
told Reuters on Tuesday.
    Terna  TRN.MI  CEO Stefano Donnarumma and Flavio Cattaneo,
deputy chairman of high-speed rail firm NTV and former head of
Terna and Telecom Italia  TLIT.MI , are among those shortlisted
to succeed Starace.
    STELLANTIS  STLA.MI  
    The carmaker expects to have in place by the end of this
year the technologies needed to develop ethanol hybrid vehicles
in Brazil, its top manager for South America, Antonio Filosa,
said on Tuesday.
    OVS  OVS.MI  
    The Italian clothing retailer said on Tuesday it had called
off talks to acquire rival group Coin, and reported 420 million
euros in net sales for the three months to the end of January,
and of more than 1.5 billion euros for the whole financial year.
    The company also said it expects sales growth to continue in
2023, and sees respite from rising prices.
    EUROGROUP LAMINATIONS
        Electric motor components maker EuroGroup Laminations
starts IPO; ends on Feb. 8.
  
    DIARY
        Rome, Chamber of Deputies holds question time session;
Economy Minister Giancarlo Giorgetti attending (1400 GMT).
    Rome, Industry Minister Adolfo Urso holds meeting on radio
sector in electronic communications (0900 GMT).
    Rome, "Big Science Business Forum" with Industry Minister
Adolfo Urso; news conference with Friuli Venezia Giulia region
Governor Massimiliano Fedriga (1030 GMT).
    Cologno Monzese, MFE-MediaForEurope holds presentation on
digital broacasting and the future of TV (1430 GMT).
    ((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/