Italy - Factors to watch on May 11

Tamburi Investment Partners

11/05/2021 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 .
    
    GENERAL 
    Italy reported 198 coronavirus-related deaths on Monday
against 139 the day before, the health ministry said, while the
daily tally of new infections fell to 5,080 from 8,292.
 urn:newsml:reuters.com:*:nS8N2MD063
    
    ECONOMY
    ISTAT releases March industrial output data (0800 GMT) and
monthly bulletin on the state of the economy in April (0900 GMT)
    OECD releases April composite leading indicator (1000 GMT)
    
    DEBT 
    Italy's Treasury said on Monday it would offer up to 9.25
billion euros in bonds at auction on May 13, including a new
seven-year BTP bond with a 0.5% coupon.  urn:newsml:reuters.com:*:nS8N2MD065
    
    COMPANIES
    
    ATLANTIA  ATL.MI 
    The Italian infrastructure group said on Monday a larger 
portion of remuneration for both managers and employees was now
linked to ESG targets under the company's new long-term
incentive plans approved by 99.6% of investors at the recent
AGM.
        
    CAMPARI  CPRI.MI 
    Campari said on Monday it would fund partner Tannico's
purchase of French wine e-shop Ventealapropriete.com (VAP) as
the Italian group taps into rising online alcohol sales.
 urn:newsml:reuters.com:*:nL8N2MX54R
    
    BREMBO  BRBI.MI 
    The Italian premium brakes maker Brembo aims for full-year
revenue to grow around 15% and margins on core earnings to come
in at between 18.5% and 19% this year after posting strong first
quarter results, its executive deputy chairman said on Monday.
 urn:newsml:reuters.com:*:nL8N2MX39E
    
    MEDIASET  MS.MI 
    Board meeting on Q1 results (1330 GMT)
    Total advertising spending in Italy rose 3.4% in the first
quarter and as much as 30.7% in March as the industry was
gradually recovering from the coronavirus pandemic, research
firm Nielsen said in a statement.  urn:newsml:reuters.com:*:nL8N2MX572
    
    JUVENTUS  JUVE.MI 
    Juventus will be excluded from next season's Serie A should
the Italian soccer club decide to persist with the proposed
European Super League project, the head of the Italian soccer
federation (FIGC) said on Monday.   urn:newsml:reuters.com:*:nL1N2MX1FN
    
    MEDIOBANCA  MDBI.MI 
    Board meeting on Q3 results, followed by conference call
(1300 GMT)
    
    EDISON  EDNn.MI 
    The Italian energy group, owned by France's EDF  EDF.PA , is
gearing up to sell a stake of up to 40% in its renewable energy
generation arm as it seeks to capitalise on investor appetite
for green assets, four sources familiar with the matter said.
 urn:newsml:reuters.com:*:nL8N2MX5EK
    Board meeting on Q1 results
    
    SICIT  SICT.MI  
    Leading shareholder Intesa Holding said on Monday that it
stuck to a commitment to back the tender offer for Sicit
launched by NB Renaissance, after Syngenta announced it planned
to launch its own takeover offer.  urn:newsml:reuters.com:*:nFWN2MX1Q5
    
    CIR  CIRI.MI  
    The Italian company said on Monday it planned to launch a
partial tender offer on 12.28% of its capital.
    
    BANCA POPOLARE DI SONDRIO  BPSI.MI 
    Annual general meeting (0800 GMT)
    
    BANCA GENERALI  BGN.MI 
    Board meeting on Q1 results, followed by conference call
(1200 GMT)
    
    BANCA MEDIOLANUM  BMED.MI 
    Board meeting on Q1 results (0800 GMT), followed by
conference call (1330 GMT)
    
    SALVATORE FERRAGAMO  SFER.MI 
    Board meeting on Q1 results, followed by conference call
(1600 GMT)
    
    SARAS  SRS.MI 
    Board meeting on Q1 results (morning), followed by
conference call (1430 GMT)
        
    FINECOBANK  FBK.MI 
    Board meeting on Q1 results
    
    RCS MEDIAGROUP  RCSM.MI 
    Board meeting on Q1 results
    
    SAFILO GROUP  SFLG.MI 
    Board meeting on Q1 results
    
    DIARY
    Online event on "The global banking forum, banking and
finance between technological challenges and market
opportunities" (0730 GMT), expected attendees include Credito
Emiliano  EMBI.MI  Director General Nazzareno Gregori, Banca
Monte dei Paschi di Siena  BMPS.MI  Chairwoman Patrizia Grieco,
BlackRock  MAGCX.O  Italian unit Country Head Giovanni Sandri,
Tamburi Investment Partners  TIP.MI  Chairman Giovanni Tamburi,
Borsa Italiana CEO Raffaele Jerusalmi, Bank of Italy Deputy
Governor Alessandra Perrazzelli.
    Online event "2021 Italy Reputation Day" with Borsa Italiana
CEO Raffaele Jerusalmi, Atlantia  ATL.MI  Chief Sustainability
Officer Katia Riva (0800 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/