Italy - Factors to watch on March 10

Revo Insurance SpA

10/03/2023 05:00

The following factors could affect Italian markets on Friday.
    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
    ISTAT releases January and Q4 producer prices data (0900
GMT).
    
    DEBT
    Italy has raised a total of 9.92 billion euros with its new
BTP Italia inflation-linked bond due March 2028 at the end of
the four-day offering on Thursday.
    Italy's Treasury said it would offer up to 9.75 billion
euros in BTP bonds at auction on Tuesday.
    Treasury sells 6.5 billion euros 12-month BOT bills.
Subscriptions close at 1000 GMT.
    
    COMPANIES
    LEONARDO  LDOF.MI 
    Italy's state-controlled defence and aerospace group beat
its guidance on new orders as it posted full-year results for
2022 and announced an unchanged dividend of 0.14 euros per
share.
    Conference call on FY results (0800 GMT).
    
    ENI  ENI.MI 
    The Italian energy group and U.S.-based Commonwealth Fusion
System (CFS) signed a new collaboration agreement on Thursday to
accelerate the industrialisation of nuclear fusion energy.
    
    SAFILO  SFLG.MI 
    Italian eyewear group forecast net sales would reach 1.3
billion euros ($1.37 billion) in 2027, driven by a 4% annual
growth rate as it issued its medium-term targets. The company
confirmed it could sell its Longarone plant in northeastern
Italy.
    'Capital Markets Day' with analysts by conference call (0730
GMT), followed with meeting with media (1100 GMT).
        
    REVO INSURANCE  REVOI.MI 
    The Italian insurer is not interested in investing in
Cinven-owned Eurovita as its business is completely different,
Chief Executive Alberto Minali told Reuters.
    
    TELECOM ITALIA (TIM)  TLIT.MI 
    'Related parties committee' meets to review the joint offer
for the fixed network submitted by state lender Cassa Depositi e
Prestiti (CDP) and Macquarie.
    
    DANIELI  DANI.MI 
    The company said it was proceeding with the sale of its
plant in Russia. 
    
    BIOERA  BIE.MI 
    Ends capital increase.
    
    DIARY
    Rome, Israeli Prime Minister Benjamin Netanyahu continues
his visit; ends on March 11. On Friday attends forum with
Italian companies together with Industry Minister Adolfo Urso
(0900 GMT); have lunch with Prime Minister Giorgia Meloni (1230
GMT); press statements (1330 GMT).
    Rome, market regulator CONSOB holds conference "The new
frontiers of digital finance" (0900 GMT); expected attendees
include John Berrigan from EU Commission, European Securities
and Markets Authority (ESMA) President Verena Ross, Carmine Di
Noia from OECD, ECB Supervisory Board member Elizabeth McCaul,
Bank of Italy Vice President Paolo Angelini (0915 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/