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Italy - Factors to watch on February 26
Italy - Factors to watch on February 26
About this update from Saipem S.p.a.
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 .ECONOMYISTAT releases February consumer and business confidence data (0900 GMT).Bank of Italy releases January data on Target 2 liabilities and European Central Bank funding to Italian banks.DEBTTreasury sells up to 6.5 billion euros in BTP bonds and up to 2.5 billion euros in CCTeu bonds. Subscriptions close at 1000 GMT.COMPANIESENEL MIL:ENEL, ENI MIL:ENI, LEONARDO MIL:LDOItaly's main state-controlled companies have performed "very well" in recent years, a key ally of Italian Prime Minister Giorgia Meloni said, hinting their chief executives were poised to get fresh mandates as a new round of appointments looms.CEOs at companies including the two energy majors and the defence group are due to be nominated in the next weeks, in what is traditionally seen as a test for political leaders seeking to assert their influence over key sectors of the economy.LEONARDO MIL:LDOThe Italian defence group expects to sign a joint-venture accord for its aerostructures unit by the end of June, its CEO said on Wednesday, in a protracted deal that could finally allow the loss-making unit to take off.SAIPEM MIL:SPMThe Italian energy servicer said on Wednesday it would not be able to complete the planned acquisition of the Deep Value Driller AS' drilling unit after the seller chose another buyer.ENI MIL:ENIThe Italian major's board approved on Wednesday a third tranche of its 2025 dividend of 0.26 euros per share. Releases H1 results, followed by conference call (1300 GMT).POSTE ITALIANE MIL:PSTReleases preliminary FY results, followed by presentation of 2026 guidance of the strategic plan "The Connecting Platform" (1000 GMT).PRYSMIAN MIL:PRYReleases H1 results, followed by conference call.STELLANTIS MIL:STLAMReleases H1 results, followed by conference call (1300 GMT).DIARYRome, Cabinet meeting.Rome, Prime Minister Giorgia Meloni meets Cyprus President Nikos Christodoulidīs (1600 GMT).Bologna, Albanian Prime Minister Edi Rama gives speech at Johns Hopkins' SAIA Europe (1430 GMT).((Milan newsroom, e-mail: ))For Italian market data and news, click on codes in brackets:20 biggest gainers (in percentage)(.PG.MI)20 biggest losers (in percentage)...