Italy - Factors to watch on November 10
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 (*).
POLITICS
Italian Prime Minister Giorgia Meloni's diplomatic adviser, Fabrizio Saggio, will attend talks on ending the war in Ukraine due to take place in Abu Dhabi this week, two sources close to the matter said on Monday.
ECONOMY
Italy approved on Monday measures aimed at limiting the impact of sky-high gas prices on electricity bills for households and businesses, the country's energy minister said, amid growing protests from energy producers over the government's policies
DEBT
Italy's Treasury said on Monday it would sell up to €7.25 billion in bonds at November 12 auction.
COMPANIES
UNICREDIT CRDI.MI
The Italian lender is set to secure unconditional EU antitrust approval for its acquisition of Germany's second biggest bank Commerzbank CBKG.DE, three people with direct knowledge of the matter said on Monday.
The bank will call a shareholder vote at Commerzbank to name a new board immediately after gaining control of the German lender later this month, its CEO Andrea Orcel said on Monday as Italy's second-biggest bank posted record profit.
BANCO BPM BAMI.MI
Shares in the Italian bank closed 10.7% higher on Monday after Credit Agricole CAGR.PA said it had proposed merging its Italian subsidiary with Banco BPM, a move that would create Italy's third-largest bank and deepen the French lender's role in a consolidation wave reshaping the Italian financial sector.
Banco BPM board will meet on November 12 for a prleiminary assessment of Credit Agricole's proposal.
POSTE ITALIANE PST.MI
Italy's government on Monday approved measures allowing Bancoposta, the financial services arm of the Italian postal service operator, to buy stakes in financial sector companies, insurers and reinsurers as well as asset managers and e-money firms, the cabinet office said, adding Bancoposta would be forbidden from owning controlling stakes in banks.
RECORDATI RECI.MI
CVC Capital Partners CVC.AS and Belgian investment firm GBL GBLB.BR secured over 90% of the Italian drugmaker, paving the way to its delisting, Reuters calculations based on Milan Bourse data showed on Monday.
Releases third-quarter results.
ENEL ENEI.MI, LEONARDO LDOF.MI
The two companies said on Monday they had signed a memorandum of understanding (MoU) to identify areas of technological and industrial cooperation in energy, technology and security sectors.
ANIMA HOLDING ANIM.MI
Tha asset manager said on Monday it had posted net outflows of €250 million in October.
TELECOM ITALIA TLIT.MI
Releases third-quarter results after market close.
BANCA MEDIOLANUM BMED.MI
Releases third-quarter results.
A2A A2.MI
Releases third-quarter results, followed by an analyst call (1530 GMT)
INWIT INWT.MI
Releases third-quarter results.
BANCA GENERALI BGN.MI
Releases third-quarter results, followed by an analyst call (1300 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/