Italy - Factors to watch on Dec. 13

Unieuro SpA

13/12/2024 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
    Italy's state-owned railway Ferrovie dello Stato(FS) will
spin off its high-speed network into a dedicated company, the
group's chief executive said, paving the way for a later stake
sale to outside investors.
    
    COMPANIES
    STELLANTIS  STLAM.MI 
    The automaker will be compliant with European Union targets
for 2025 intermediate carbon reduction, aiming to increase
electric vehicle (EV) sales or potentially to cut production of
petrol vehicles, the company's European head said on Thursday.
    Stellantis will extend the stoppage of car production at its
Italian Mirafiori plant by a further two weeks, until Jan. 20, a
trade union representative said on Thursday. 
    Group's plan to make new generation of Fiat 500 in Mirafiori
means that the plant has a future at least until 2032-2033, a
company executive said on Thursday.
    
    MEDIOBANCA  MDBI.MI 
    The European Central Bank set its minimum core capital
requirement for 2025 at 9.03% and confirmed the Pillar 2
requirement at 1.75%, the merchant bank said on Thursday.
    
    UNIEURO  UNIR.MI 
    Following the takeover bid launched by French retailer Fnac
Darty  FNAC.PA , the Italian company will be delisted on Jan 8. 
    
    CIR  CIRI.MI 
    Ends voluntary partial takeover offer.
    
    MONRIF  EDII.MI 
    Monti Riffeser reopening of full voluntary takeover bid on
Monrif shares ends.
    
    DIARY
    Leonardo  LDOF.MI  CEO Roberto Cingolani attends signature
of GCAP, the programme for a new generation military aircraft
developed by Italy, Britain and Japan, in Reading (Britain).
    Rome, Palestinian President Abu Mazen meets President Sergio
Mattarella (1100 GMT) and Prime Minister Giorgia Meloni (1600
GMT).
    Rome, Chamber of Deputies expected to examine budget law
(0900 GMT).
    Rome, Brothers of Italy party annual festival 'Atreju'
continues; ends on Dec. 15. On Friday expected attendees include
Leonardo  LDOF.MI  CEO Roberto Cingolani, Italian Space Agency
(ASI) President Teodoro Valente, state broadcaster RAI CEO
Giampaolo Rossi, Environment and Energy Security Minister
Gilberto Pichetto Fratin, Enel  ENEI.MI  CEO Flavio Cattaneo, EU
Commission Vice President Raffaele Fitto, Israel Innovation,
Science and Technology Minister Gila Gamliel.
     Rome, Luiss university holds Academic Year inauguration
ceremony (1000 GMT) with Google  GOOGL.O  Research, Technology &
Society President James M. Manyika in dialogue with the chair of
the Italian government's AI committee and Pope Francis AI
adviser Father Paolo Benanti.
    
    ((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/