off-the-wire

Italy - Factors to watch on Feb. 23

Kitco Media
By Reuters
Published:
Updated:
Reuters
The following factors could affect Italian markets on Thursday. 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 . DEBT Treasury sells 2.0 billion euros of 12-month BOT bills and 3.0 billion euros of 6-month BOT bills. Subscriptions close at 1000 GMT. COMPANIES (*) TELECOM ITALIA (TIM) Private equity fund Fondo Strategico Italiano (FSI) is in talks with the government with a view to raising capital from pension funds to flank US fund KKR & Co Inc as a minority partner in KKR's non-binding offer for TIM's grid infrastructure, Corriere della Sera wrote on Thursday. (*) ENI The energy group said on Thursday its adjusted net profit rose to 13.3 billion euros in 2022, more than doubling compared with the previous year on the back of strong oil and gas prices. The company's board approved on Wednesday the third tranche of a dividend payment of 0.22 euros per share.


(*) ENI , SAIPEM Eni's Sustainable Mobility unit said on Wednesday it had signed a memorandum of understanding with Saipem regarding the use of biofuels on Saipem's drilling and construction naval vessels. (*) MPS The state-owned lender is preparing a senior bond issuance of at least 500 million euros, MF wrote on Thursday. (*) AEFFE The fashion group's chairman said on Wednesday Chinese sales rose 24% in the first half of January, expressing confidence over the performance of the region in the remainder of the year. (*) BRUNELLO CUCINELLI The luxury group will raise the wages of its factory workers by 20%, Il Sole 24 Ore wrote on Thursday. PIRELLI The Italian tyremaker expects revenues this year of some 6.6-6.8 billion euros after posting better-than-expected results for 2022. SAFILO The Italian eyewear maker told unions on Wednesday that its Longarone plant in north eastern Italy was no longer strategic and could be sold, workers' representatives said A2A Board meeting on preliminary FY results. DOVALUE Board meeting on preliminary FY results. ESSILORLUXOTTICA Releases FY results (0600 GMT), followed by conference call (0930 GMT). DIARY Rome, Industry Minister Adolfo Urso attends event "Automotive revolution" (0930 GMT). Rome, Enel holds event "World Energy Outlook 2023" with CEO Francesco Starace, Environment and Energy Security Minister Gilberto Pichetto Fratin, with International Energy Agency (IEA) Executive Director Fatih Birol (1500 GMT). Rome, conference on "The value for money principle from EIOPA guidance to domestic law" (0830 GMT); round-table discussion with association for the study of credit problems (ANSPC) Director General Filippo Cucuccio, insurance supervisor IVASS Secretary General Stefano De Polis, insurers' association ANIA Director General Dario Focarelli, banking association Deputy Director General Gianfranco Torriero.

For Italian market data and news, click on codes in
brackets: 20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in
brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:...............................
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