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.
POLITICS
Italy urged the European Union on Thursday to guarantee bond issuance needed to finance defence, saying a NATO spending target of at least 2% of gross domestic product $(GDP)$ by 2028 clashed with the EU's revamped fiscal rules.
Italy has extended its domestic tax on digital services to small and medium-sized enterprises (SMEs) to try to overcome U.S. objections that the levy is discriminatory, Economy Minister Giancarlo Giorgetti said on Thursday.
Economy minister Giorgetti said it would be good to have a meeting with Lufthansa LHAG.DE CEO Carsten Spohr at the weekend to overcome a dispute regarding the sale of a minority stake in state owned ITA Airways.
...
ECONOMY
ISTAT releases September industrial output data (0900 GMT); monthly bulletin on the state of the economy in September and October (1000 GMT); September retail sales data (1100 GMT).
Bank of Italy releases October data on Target 2 liabilities and European Central Bank funding to Italian banks.
DEBT
Treasury offers up to 3.0 billion euros following two CCTeu bonds due Oct. 15, 2028 and Oct. 15, 2030 in exchange of following four BTP bonds: 1.85% due July 1, 2025; 1.20% due Aug. 15, 2025; zero coupone due April 1, 2026; zero coupon due Aug. 1, 2026.
Treasury announces sale of BTP bonds, with relative amounts to be auctioned on Nov. 13.
COMPANIES
LEONARDO LDOF.MI
Italian aerospace and defence group Leonardo stopped short of raising its 2024 guidance due to external factors, including the Boeing crisis, its chief executive said on Thursday.
PIRELLI PIRC.MI
Italian tyre maker Pirelli said its operating profit rose more than expected in the third quarter, thanks to growing volumes, product mix and efficiencies.
BREMBO BRBI.MI
Brembo's acquisition of suspension technology manufacturer Ohlins Racing, its biggest ever, will not prevent the Italian premium brake maker from assessing further and larger M&A deals, its top executive said on Thursday.
AZIMUT AZMT.MI
Italian asset manager Azimut Holding AZMT.MI has raised its 2024 net profit guidance to 550-600 million euros ($594-648 million) from its previous estimate of 500 million euros, its Chairman Pietro Giuliani said in a statement on Thursday.
BANCA MEDIOLANUM BMED.MI
Italian bank Banca Mediolanum posted an 18% jumpin nine-month net profit to 674.3 million euros, the bank said on Thursday, but trimmed its 2024 net interest income (NII) guidance, citing easing interest rates.
NEXI NEXII.MI
Releases Q3 results, followed by conference call (0700 GMT).
BANCA MONTE DEI PASCHI DI SIENA BMPS.MI
Releases Q3 results, followed by conference call (0800 GMT).
SNAM SRG.MI
'Innovation Day' "Evolving Horizons" with CEO Stefano Venier in Milan (0830 GMT).
UNIPOL UNPI.MI
Releases Q3 results, followed by conference call (1100 GMT).
RECORDATI RECI.MI
Board meeting on Q3 results, followed by conference call (1500 GMT).
SALCEF GROUP SCFG.MI
Saldib SpA ends full mandatory takeover offer on Salcef Group ordinary shares.
UNIEURO UNIR.MI
Fnac Darty FNAC.PA and RUBY Equity Investment Sarl end re-opening of voluntary public tender and exchange offer on ordinary shares.
DIARY
President Sergio Mattarella state visit to China continues; ends on Nov. 12.
Chamber of Deputies Speaker Lorenzo Fontana attends 10th Meeting of G20 Countries Presidents of Parliaments in Brasilia.
Prime Minister Giorgia Meloni attends informal EU summit in Budapest.
Rome, World Bank, Bank of Italy and Economy Ministry hold event on "Partnering for Africa's prosperity"; expected attendees at inaugural session include World Bank Group President Ajay Banga, Bank of Italy Governor Fabio Panetta, Economy Minister Giancarlo Giorgetti (0900 GMT); ECB board member Piero Cipollone (1045 GMT).
Milan, Prime Minister Giorgia Meloni visits 81st edition of international motorcycle exhibition EICMA (1600 GMT).
Milan, Mediobanca MDBI.MI holds event on "Golden power among law, market and industrial policy" with CEO Alberto Nagel, Industry Minister Adolfo Urso, market regulator CONSOB President Paolo Savona, Cabinet Undersecretary Alfredo Mantovano (1000 GMT).
((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/
