Italy - Factors to watch on Feb. 19
19/02/2025 05:00
The following factors could affect Italian markets on Wendesday.
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 .
COMPANIES
POSTE ITALIANE PST.MI , TELECOM ITALIA TLIT.MI
State-backed Poste Italiane is ready to increase its
recently acquired stake in Telecom Italia (TIM), three sources
said, in a move that would strengthen its position in any
potential M&A deal involving the phone group.
BANCO BPM BAMI.MI , UNICREDIT CRDI.MI , ANIMA HOLDING
ANIM.MI
Banco BPM on Tuesday rebuffed concerns raised by suitor
UniCredit about its capital reserves, and said it trusted it
would be able to apply favourable capital rules to its proposed
purchase of fund manager Anima Holding.
BANCA POPOLARE SONDRIO BPSI.MI
The bank, the target of an unsolicited offer from BPER
Banca, said on Tuesday it had postponed the presentation of its
2025-2027 business plan to March 12, from the previously
announced February 26.
JUVENTUS JUVE.MI
Cryptocurrency firm Tether is open to all future options
with regards to increasing its investment in Juventus, the
Italian Serie A soccer club where it has built a 5% stake, and
has the financial capacity to do so, its CEO Paolo Ardoino said
on Tuesday.
RECORDATI RECI.MI
Recordati's main shareholder CVC Capital Partners, through
its vehicle Rossini, said on Tuesday it would sell about 5% in
the Italian drug maker via an accelerated bookbuilding (ABB)
process.
ECONOMY
Bank of Italy releases December data on foreign investors
holdings of Italian government bonds.
DEBT
Orders for Italy's new retail-only 'BTP Plus' bond reached
9.3 billion euros ($9.73 billion) at the end of the second day
of the offer, Milan bourse data showed on Tuesday, a sign of
stronger demand compared with a similar issuance last May
Treasury continues offer of eight-year 'BTP Piu' bonds [BTP
Valore family] dedicated to retail investors with the
possibility of early repayment of the principal; ends on Feb.
21, subject to early closure.
COMPANIES
EDISON EDNn.MI
Releases FY results.
MEDIOBANCA MDBI.MI
Members of main shareholders' pact hold meeting to evaluate
takeover offer by Monte dei Paschi di Siena BMPS.MI
(afternoon).
TENARIS TENR.MI
Releases Q4 results.
OVS OVS.MI
Extraordinary shareholders meeting (0900 GMT).
DIARY
Rome, Israeli President Isaac Herzog on official visit to
Italy meets President Sergio Mattarella (1100 GMT) and Prime
Minister Giorgia Meloni (1530 GMT).
Rome, Chamber of Deputies Speaker Lorenzo Fontana meets
Armenia President Alen Simonyan (1530 GMT).
Rome, swearing-in ceremony of the new judges of the
Constitutional Court with Chamber of Deputies Speaker Lorenzo
Fontana, Prime Minister Giorgia Meloni (0930 GMT).
Rome, Cabinet meeting (1100 GMT).
Rome, Industry Minister Adolfo Urso attends conference "Road
safety: current events and future prospects for mobility" (1100
GMT).
Rome, Chamber of Deputies holds question time session with
Industry Minister Adolfo Urso (1400 GMT).
Rome, Industry Minister Adolfo Urso attends news conference
to present 3rd edition 'Futura EXPO' (1000 GMT).
Rome, conference "The challenge of artificial intelligence
for construction: strategies and opportunities" with Cabinet
Undersecretary for Technological Innovation Alessio Butti,
builders' association ANCE President Federica Brancaccio,
Economy Ministry Agency SACE CEO Alessandra Ricci (0930 GMT).
Milan, banking association ABI holds Executive Committee
meeting (0800 GMT); Bank of Italy Governor Fabio Panetta attends
via videoconference.
((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/