Italy - Factors to watch on November 13
Italy - Factors to watch on November 13 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 (*).
ECONOMY
ISTAT releases Italy's September global and EU trade balance data (0900 GMT)
(*) Italy's latest military aid package for Ukraine is worth around €1 billion, La Stampa and Il Giornale reported on Friday, citing sources.
DEBT
S&P Global reviews Italy's sovereign debt rating, currently at BBB+, with a positive outlook (after 2100 GMT).
COMPANIES
ENEL ENEI.MI
Italy's biggest utility said on Thursday its ordinary earnings were up 4% year-on-year in the first nine months as a drop in the profitability of the group's domestic business was more than offset by growth abroad.
The company also said it would update its business plan in February, which will include services for data centres.
INTESA SANPAOLO ISP.MI
Italy's biggest bank on Thursday strongly criticised punitive tax measures on banks planned in Rome's 2027 budget, warning they could prompt the ECB to ask domestic lenders to lower their exposure to sovereign debt.
BANCO BPM BAMI.MI
The board of the northern Italian lender on Thursday gave CEO Giuseppe Castagna a mandate to engage with Credit Agricole CAGR.PA over its merger proposal, and warned that the terms of a deal would need to reflect the fact that control would effectively shift into the hands of the French bank.
GENERALI GASI.MI
(*) Italy's top insurer on Friday reported higher nine-month results despite a €1.5 billion hit from natural catastrophes and said it was on track to exceed all targets in its three-year plan.
An analyst call will be held at 1330 GMT.
(*) Italian lender Intesa Sanpaolo ISP.MI has committed not to nominate more than three candidates to serve on the board of Generali, daily la Repubblica reported on Friday, citing a document.
BANCA GENERALI BGN.MI, RECORDATI RECI.MI
The asset management returns to the FTSE MIB index as of Friday replacing pharmaceutical company Recordati.
(*) UNIPOL UNPI.MI
The financial group said on Friday its nine-month net profit grew 12.4% to €1.39 billion ($1.54 billion), including a contribution from the BPER Banca EMII.MI investment and driven by its core insurance business.
Analyst call at 1100 GMT.
POSTE ITALIANE PST.MI
The financial conglomerate said on Thursday it had launched a €600 million ($665 million) fund to support data centre investments, as it expands into digital infrastructure after taking control of Telecom Italia (TIM) TLIT.MI.
WEBUILD WBD.MI, TREVI TFI.MI
The construction firm on Thursday confirmed its 2026 guidance and said its new orders stood at €11.1 billion.
It also said it had raised its stake in smaller peer Trevi to 44.41%, giving an update on its ongoing takeover bid.
STELLANTIS STLAM.MI
The automaker's CEO Antonio Filosa said on Thursday the company and its suppliers were set to face significant cost increases for raw materials and electronic components over at least the next year.
(*) Canadian Industry Minister Melanie Joly has terminated talks with automaker Stellantis that were aimed at resolving a dispute over the company's plan to sell off an auto plant, CBC News said on Thursday.
(*) JUVENTUS JUVE.MI
The soccer club's board exercised the mandate to increase the share capital for €200 million.
DIARY
PM Giorgia Meloni attends informal EU Summit in Dublin
Fincantieri FCT.MI CEO Pierroberto Folgiero and Leonardo LDOF.MI Co-Director General Gian Piero Cutillo attend small business forum in Rome, 1530 GMT.
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
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/