Italy - Factors to watch on April 27
27/04/2023 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
The European Commission's proposal for a reform of the EU's
fiscal rules is "definitely a step forward" but does not meet
Italy's request to exclude some investments from budget deficit
calculations, Italy's Economy Minister Giancarlo Giorgetti said
on Wednesday.
ECONOMY
ISTAT releases April consumer and business confidence data
(0800 GMT).
Assogestioni releases March fund flows data (0900 GMT).
DEBT
Treasury sells 2.0-2.5 billion euros 3.40% BTP bonds due
April 1, 2028; 4.5-5.0 billion euros new 4.35% BTP bonds due
Nov. 1, 2033; 1.0-1.5 billion euros CCTeu bonds due Oct. 15,
2028. Subscriptions close at 0900 GMT.
COMPANIES
STELLANTIS STLAM.MI
Chrysler-parent Stellantis said Wednesday it is offering
voluntary exit packages to 33,500 U.S. employees as it looks to
streamline operations. The offers cover 31,000 U.S. hourly
workers and about 2,500 salaried workers. Stellantis did not say
how many total jobs it is looking to eliminate. It is also
offering some employees in Canada voluntary buyouts.
ICCREA (NOT LISTED)
The Italian unlisted cooperative banking group is awaiting
by the end of May offers for its insurance business which it
values at up to 950 million euros ($1.05 billion) in total,
sources with knowledge of the matter said on Wednesday.
INTESA SANPAOLO ISP.MI
Italy's biggest bank said on Wednesday it had halved its
gross exposure to Russia last year to 2.5 billion euros ($2.8
billion) of which 1.6 billion euros were loans to Russian
customers.
STMICROELECTRONICS STMM.MI
Releases Q1 results (before European bourses openings),
followed by conference call (0730 GMT).
TENARIS TENR.MI
Conference call on Q1 results (1300 GMT).
WEBUILD WBD.MI
Annual general meeting (1300 GMT) and board meeting on Q1
results.
LOTTOMATICA
Italian gambling company Lottomatica ends IPO (started on
April 24).
FINECOBANK FBK.MI
Annual and extraordinary shareholders' meetings (0900 GMT).
BRUNELLO CUCINELLI BCU.MI
Annual and extraordinary shareholders' meetings (0800 GMT).
SAFILO GROUP SFLG.MI
Annual and extraordinary shareholders' meetings (0800 GMT).
SECO IOT.MI
Annual and extraordinary shareholders' meetings (0800 GMT).
AZIMUT HOLDING AZMT.MI
Annual general meeting.
HERA HRA.MI
Annual general meeting (0800 GMT).
ARNOLDO MONDADORI EDITORE MOED.MI
Annual general meeting (0800 GMT).
DOVALUE DOVA.MI
Annual general meeting (0700 GMT).
RAI WAY RWAY.MI
Annual general meeting (0900 GMT).
UNIPOLSAI US.MI
Annual general meeting (0830 GMT).
ENI ENI.MI
Board meeting on Q1 results, press release on April 28).
PRADA 1913.F
Annual general meeting (1000 GMT).
DIARY
London, Prime Minister Giorgia Meloni starts her visit; ends
on April 28. On Thursday Meloni meets British Prime Minister
Rishi Sunak.
Rome, Ukrainian Prime Minister Denys Shmythal holds news
conference at Foreign Press Association (0900 GMT).
Rome, Chamber of Deputies examines and votes on Economic and
Financial Document (DEF) (from 0730 GMT).
Rome, Chamber of Deputies holds question time session;
Economy Minister Giancarlo Giorgetti attending (1130 GMT).
Rome, Foreign Minister Antonio Tajani speaks before Senate
and Chamber of Deputies Foreign committees on the outcome of EU
Foreign Affairs Council of April 24 (1215 GMT).
Rome, Industry Minister Adolfo Urso speaks before state
broadcaster RAI Supervisory Committee (0630 GMT).
Rome, Labour Minister Marina Elvira Calderone speaks before
Chamber of Deputies Culture Committee on proposed legislation on
the introduction of teaching labour law and safety in the
workplace in secondary schools (1100 GMT).
Rome, Senate holds discussion on 2023 Economic and Financial
Document (DEF) and the accompanying Report to Parliament (0800
GMT); Economy Minister Giancarlo Giorgetti attending (0830 GMT).
Vatican City, Pope Francis receives Ukrainian Prime Minister
Denys Shmythal (0700 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/