Italy - Factors to watch on May 3

Rizzoli Corriere Della Sera Mediagroup SpA

03/05/2022 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
    Italy's government plans to set aside around 7 billion euros
over three years to help construction firms cope with raw
material costs and high energy prices, a draft decree seen by
Reuters on Monday showed.  urn:newsml:reuters.com:*:nR1N2T3021
    Italy's government plans to set aside 925 million euros this
year to participate in capital injections in state owned
companies, a draft decree seen by Reuters showed on Monday.
 urn:newsml:reuters.com:*:nR1N2T3023
    Italy's Ecology Transition Ministry on Monday denied a media
report saying that Italy was open to paying for Russian gas with
roubles.  urn:newsml:reuters.com:*:nS8N2V7046  urn:newsml:reuters.com:*:nL3N2WU1FI
    
    ECONOMY
    Italy posted a state sector budget surplus of 6 billion
euros in April compared to a shortfall of 12.625 billion euros
in the same month last year, the Treasury said in a statement on
Monday.  urn:newsml:reuters.com:*:nS8N2UQ00X
    
    COMPANIES
    GENERALI  GASI.MI 
    The board on Monday reappointed Philippe Donnet as chief
executive with 10 votes in favour out of 13, two sources said,
after a group of rebel Italian investors seeking to oust him
lost out in a shareholder vote last week.  urn:newsml:reuters.com:*:nS8N2VH017
 urn:newsml:reuters.com:*:nFWN2WU1K6
    
    STELLANTIS  STLA.MI 
    The world's fourth largest carmaker said on Monday it would
spend up to $2.8 billion to boost production of electric
vehicles at its Windsor and Brampton facilities in Canada, with
government investment.  urn:newsml:reuters.com:*:nL2N2WU18T
    The automaker has agreed with unions it will cut 480 jobs
this year at its Mirafiori facility in Turin through voluntary
redundancies, Italy's FIM-CISL union said on Monday.
 urn:newsml:reuters.com:*:nL5N2WU42P
    Italy's industry-wide car sales fell 32.98% year-on-year in
April, the transport ministry said on Monday. Stellantis held
35.45% of Italy's car market that month, Reuters calculations
showed.  urn:newsml:reuters.com:*:nS8N2V704A
    
    FINCANTIERI  FCT.MI 
    The Italian shipbuilder is in talks with Norwegian Cruise
Line over an order worth around $4 billion to build new cruise
ships, a source with knowledge of the matter told Reuters on
Monday.  urn:newsml:reuters.com:*:nL5N2WU33B
    
    CAMPARI GROUP  CPRI.MI 
    Board meeting on Q1 results, followed by conference call
(1100 GMT).
    
    CNH INDUSTRIAL  CNHI.MI 
    Board meeting on Q1 results, followed by conference call
(1330 GMT).
    
    EDISON  EDNn.MI 
    Board meeting on Q1 results.
    
    AMPLIFON  AMPF.MI 
    Board meeting on Q1 results, followed by conference call
(1300 GMT).
    
    SAFILO GROUP  SFLG.MI 
    Board meeting on Q1 results.
    
    TENARIS  TENR.MI 
    Annual general meeting (1330 GMT).
    
    RCS MEDIAGROUP  RCSM.MI 
    Annual general meeting (0830 GMT).
    
    DIARY
    Strasbourg (France), Italian Prime Minister Mario Draghi
speaks at plenary session of the European Parliament (0930 GMT).
    Industry Deputy Minister Gilberto Pichetto Fratin expected
to deliver closing address at webinar "Accelerating the
development of renewables towards energy independence" (1015
GMT).
    Rome, Ecological Transition Minister Roberto Cingolani
speaks before Chamber of Deputies on further initiatives to
counteract rise of energy costs (1030 GMT).
    Rome, Defence Minister Lorenzo Guerini speaks before Chamber
of Deputies Foreign Affairs Committee on the Italy-France Treaty
law decree (1115 GMT).
    Rome, Intesa Sanpaolo  ISP.MI  CEO Carlo Messina and trade
union CGIL Secretary General Maurizio Landini attend panel (1500
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/