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 .
POLITICS
(*) Italian Prime Minister Giorgia Meloni, in her first parliamentary speech since last month's referendum defeat, on Thursday ruled out a government reshuffle and pledged to serve a full parliamentary term, until the second half of 2027.
Italy's government moved on Thursday to limit disruption from a major landslide that cut rail and motorway links along a key north-south transport corridor, declaring a state of emergency and pledging millions for repair efforts.
ECONOMY
Italy is preparing to cut its GDP growth estimates to factor to factor in the negative impact of rising energy prices, Economy Minister Giancarlo Giorgetti said on Thursday.
ISTAT releases February industrial output data (0800 GMT).
Bank of Italy releases February data on Italian residents deposits with domestic banks, bank lending to non-financial companies and gross bad loans at Italian banks.
DEBT
Treasury sells up to 8 billion euros ($9.35 billion) in BTP bonds. Subscriptions close at 0900 GMT.
COMPANIES
(*) CREDITO EMILIANO (EMBII.MI)
According to several Italian newspapers the lender is exploring a possible acquisition of the Banca del Mezzogiorno banking group.
LEONARDO MIL:LDO, ENI MIL:ENI ENEL MIL:ENEL, ENAV MIL:ENAV
Italy on Thursday proposed to appoint Lorenzo Mariani as the new chief executive of defence group Leonardo, replacing Roberto Cingolani, a Treasury statement said, confirming an earlier Reuters report.
As widely expected, Rome also proposed reappointing Claudio Descalzi and Flavio Cattaneo at the helm of energy groups Eni and Enel respectively.
Igor De Biasio will lead air traffic controller Enav, replacing Pasqualino Monti.
(*) LEONARDO
Canada is lobbying to be admitted to the GCAP, the UK- Italy-Japan joint advanced fighter jet development programme, the Financial Times reported on Friday, citing people familiar with the matter.
(*) MONTE DEI PASCHI DI SIENA MIL:BMPS
California State Teachers' Retirement System (CALSTRS), an investor in the Tuscan bank with a 0.09% stake, will support the dissident slate put forward by PLT Holding for the renewal of the board, voting intentions published online showed. CALSTRS also said it would vote against Chairman Nicola Maione and the head of the appointments committee Domenico Lombardi, as well as director Alessandro Caltagirone among others, in the second round of voting were the board-proposed slate to win the initial vote.
BRUNELLO CUCINELLI MIL:BC
Revenues at the Italian luxury group rose 14% at constant exchange rates in the first quarter to 369 million euros ($432 million), driven by strong sales in the Americas and Asia. At current exchange rates, revenues were up 8.1%.
UNICREDIT MIL:UCG
The Italian lender said acquiring control of Commerzbank XETR:CBK would obligate it to bid for the roughly 30% of Poland's mBank GPW:MBK that Commerzbank does not already own, increasing the cost of its takeover.
(*) SNAM MIL:SRG, EDISON MIL:EDNR
Non-binding bids for Bioenerys, Snam’s wholly owned biomethane unit, are expected in early May, Il Sole 24 Ore newspaper reported on Friday. Edison and Verdalia, a European biomethane platform backed by Goldman Sachs Infrastructure Partners, are among those interested in the assets, it said.
ANIMA HOLDING MIL:ANIM
The Italian asset manager said on Thursday that the net outflows into managed assets in March amounted to €5.63 billion ($6.59 billion)
((Milan newsroom, e-mail: ))
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20 biggest gainers (in percentage)(.PG.MI)20 biggest losers (in percentage)(.PL.MI)FTSE IT allshare index FTSE:ITLMS
- FTSE Mib index
- .FTMIB
FTSE Allstars index... FTSE:ITSTAR
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European Equities speed guide(EUR/EQUITY) FTSEurofirst 300 indexFTSE:E3X DJ STOXX indexTVC:SXXP 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 JonesDJ:DJI Wall Street report Nikkei 225TVC:NI225 Tokyo report FTSE 100CURRENCYCOM:UK100 London report Xetra DAXXETR:DAX Frankfurt market stories CAC-40EURONEXT:PX1 Paris market stories World Indices(0#.INDEX) Reuters survey of world bourse outlook(EQUITYPOLL1) Western European IPO diary(WEUIPO) European Asset Allocation Reuters News at a Glance: Equities Main currency report:($1 = 0.8541 euros)
($1 = 0.8557 euros)