For a complete list of diary events in Italy please click on .
POLITICS Italian Prime Minister Giorgia Meloni on Tuesday began meetings with opposition parties to discuss her plans to reform the constitution and end chronic political instability in the euro zone's third-largest nation.
ECONOMY ISTAT releases March industrial output data (0800 GMT) and monthly bulletin on the state of the economy in April (0900 GMT). Bank of Italy releases March data on Italian residents deposits with domestic banks, banks lending to non-financial companies and gross bad loans at Italian banks.
DEBT Treasury sells 7.0 billion euros in 12-month BOT bills. Subscriptions close at 0900 GMT.
COMPANIES
TERNA The board unanimously appointed Giuseppina Di Foggia as
Chief Executive Officer and General Manager of the company, the
power grid operator said in a statement on Tuesday.
LEONARDO The defence group has appointed former energy and
environment minister Roberto Cingolani as chief executive
officer and general manager.
BPER BANCA The lender is on track to meet its 2022-2025 financial targets earlier than expected after first-quarter net profits more than doubled on higher interest rates, it said on Tuesday.
(*) BANCO BPM Italy's third-largest bank will consider launching a share buyback programme in the second half of the year when it unveils a new industrial plan, Chief Executive Giuseppe Castagna said in an interview with MF, adding that at current share price levels, there is an incentive to buy back shares.
(*) INTESA SANPAOLO Credit Suisse started coverage of Italy's largest bank with a 'Neutral' rating and a price target of 2.7 euros.
(*) UNICREDIT Credit Suisse started coverage of the bank with an 'Outperform' rating and a price target of 24.8 euros.
(*) SAIPEM The Italian energy services group aims to resume dividend payments within a reasonable period, Chief Executive Alessandro Puliti said in an interview with MF.
INWIT Italy's biggest telecoms tower firm reported an 18.9% year-on-year increase in first-quarter core profit on Tuesday, as revenues were boosted by inflation-linked fees, along with the development of indoor coverage and news services.
FINCANTIERI The Italian shipbuilder said on Tuesday it had reported an
EBITDA of 87 million euros in the first quarter.
"Capital Markets Day" (0800 GMT), followed by a news conference (1030 GMT).
(*) EDISON The energy group has mandated Intesa Sanpaolo and Lazard to assess the sale of its storage business, valued at between 600-700 million euros, Il Sole 24 Ore reported.
AVIO On Tuesday, the Italian aerospace group reported an adjusted EBITDA of 2.6 million euros in the first quarter, up from 1.2 million euros a year earlier.
BANCA POPOLARE DI SONDRIO , BANCA PROFILO The lender did not comment on
media reports
about its possible interest in buying Banca Profilo.
ENI Annual and extraordinary shareholders' meetings (0800 GMT). Environmental groups Greenpeace and ReCommon said on Tuesday they had launched a lawsuit against the Italian energy group for contributing to climate change. Eni said it would prove "the groundlessness of the lawsuit" in court.
ENEL Annual general meeting (1200 GMT).
BANCA MEDIOLANUM Board meeting on Q1 results, followed by conference call (1430 GMT).
ACEA Board meeting on Q1 results, followed by conference call (1430 GMT).
SARAS Board meeting on Q1 results, followed by conference call (1430 GMT).
TOD'S Board meeting on Q1 results (sales), followed by conference call (1600 GMT).
DIGITAL VALUE Is listed on Euronext Milan as of Wednesday.
HERA Board meeting on Q1 results.
TELECOM ITALIA <(TIM) Board meeting on Q1 results.
ARNOLDO MONDADORI EDITORE Board meeting on Q1 results, followed by conference call.
NEXI Board meeting on Q1 results, press release on May 11.
SNAM Board meeting on Q1 results, press release on May 11.
INDUSTRIE DE NORA Board meeting on Q1 results, press release on May 11.
DIARY Prague, Prime Minister Giorgia Meloni official visit; followed by joint news conferences with Czech Prime Minister Petr Fiala (1240 GMT) and with Czech President Petr Pavel (1530 GMT). Rome, forum fuels mobility "Transport: between environment and energy security" starts (1215 GMT); ends on May 11. On Wednesday Environment Minister Gilberto Pichetto Fratin delivers welcome remarks (1230 GMT); expected attendees at panel "New energy and environmental scenarios in the current geopolitical context" Italy's agency for technologies, energy and environment ENEA President Gilberto Dialuce (1245 GMT); round-table discussion "Transport and logistics: new needs, new opportunities and new technologies", civil aviation authority (ENAC) President Pierluigi Di Palma (1315 GMT); round-table discussion "The fuel distribution network: time to restructure?" Industry Undersecretary Massimo Bitonci (1430 GMT). Rome, Gardant and LUISS University hold event "Meeting on NPE: proposals for corporate crisis management" (0900 GMT); expected attendees include Gianluca Aloia from Bank of Italy, Teresio Testa from Banco BPM . Milan, Industry Minister Adolfo Urso attends steel industry body Federacciai public meeting (1330 GMT). Milan, "Luxury Summit 2023, the future of exclusivity is sustainability" in presence and online (0800 GMT); expected attendees include business lobby Confindustria Fashion unit President Ercole Botto Poala, Italian Fashion Chamber President Carlo Capasa, Antonella Centra from Gucci, LVMH Metier d'Art CEO Matteo de Rosa, fashion house Dolce & Gabbana CEO Alfonso Dolce, Kiton President Maria Giovanna Paone. Milan, Intesa Sanpaolo presents "Look4ward" observatory, with Chief Economist Gregorio De Felice (0900 GMT). Milan, "Made in Steel" continues (0800 GMT); ends on May 11.
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
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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:...............................
