The following factors could affect Italian markets on Wednesday.
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 .
ECONOMY
April services PMI HCOB data (0745 GMT).
ISTAT releases March retail sales data (0800 GMT).
COMPANIES
(*) LEONARDO MIL:LDO
The aerospace and defence group reported a 33% year-on-year rise in first-quarter core earnings on Wednesday, driven by its defence electronics unit and despite a negative impact from exchange rates on U.S. components.
(*) FERRETTI MIL:YACHT
Independent proxy adviser Glass Lewis on Tuesday urged shareholders in the yacht maker to back a slate of board candidates proposed by investor KKCG.
(*) ENI MIL:ENI
Libya's Mellitah Oil, a joint venture between Italy's energy group and Libyan National Oil Company and Gas Company (NOC), has completed the manufacturing and assembly of units of the Bouri Gas Utilisation Project, aiming to utilise more than 120 million cubic feet per day of natural gas.
(*) TELECOM ITALIA (TIM) MIL:TIT, INWIT MIL:INW
Italian mobile mast company went to court last week against TIM's decision on the early termination of its long term service agreement, according to a source.
(*) LOTTOMATICA MIL:LTMC
The betting firm on Wednesday reported 7% growth in its first-quarter adjusted core profit and forecast full-year earnings at the top end of its previously given outlook range of 940 million to 980 million euros ($1.10 billion to $1.15 billion).
UNICREDIT MIL:UCG
Commerzbank XETR:CBK CEO Bettina Orlopp said on Tuesday that it was "unusual" that UniCredit's offer to buy the German bank did not carry a premium but that Commerzbank was always willing to talk.
EDISON MIL:EDNR
QatarEnergy has notified its biggest Italian customer, Edison, that it would cancel two additional liquefied natural gas (LNG) cargoes, extending force majeure to early July, the Italian utility said on Tuesday.
Releases Q1 results.
AMPLIFON MIL:AMP
The hearing aid group reported a 6.7% rise in its first-quarter net profit on Tuesday and said it anticipates organic growth above 3% in 2026.
BANCO BPM MIL:BAMI
Italy's fourth-largest bank on Tuesday reported a higher than expected first quarter net profit, boosted by a surge in net fees that more the offset a decline in its lending income.
The lender is well positioned to benefit from merger and acquisition opportunities on the Italian market and is examining all options, its chief executive said.
BANKING SECTOR
The European Union needs its banks to be bigger if they are to compete with their counterparts in the United States and China, the chairman of the euro zone's finance ministers' group said on Tuesday. "We need European champions. We don't need national champions. All of us have a tendency to be more protective about our national market, of course," Kyriakos Pierrakakis told the European Parliament's economic committee.
CREDITO EMILIANO MIL:CE
The lender said on Tuesday first-quarter net profit rose by 2.9% year-on-year and operating income increased by 5.8% compared to the previous year. CET1 ratio at the end of March stood at 17.47%.
BANCA GENERALI MIL:BGN
Releases Q1 results.
BPER BANCA MIL:BPE
Releases Q1 results.
CAMPARI GROUP MIL:CPR
Releases Q1 results, followed by conference call.
ENI MIL:ENI
Annual shareholders' meeting.
LEONARDO MIL:LDO
Releases Q1 results (before Bourse opening), followed by conference call (1530 CET).
LOTTOMATICA MIL:LTMC
Conference call on Q1 results.
NEXI MIL:NEXI
Releases Q1 results.
TENARIS MIL:TEN
Releases Q1 results.
TELECOM ITALIA (TIM) MIL:TIT
Releases Q1 results.
INDUSTRIE DE NORA MIL:DNR
Releases Q1 results.
DIARY
Milan, Assogestioni's 16th edition of the Salone del Risparmio conferences, ends on May 7.
Milan, ECB's Piero Cipollone at the Sustainable Development Festival (1020 CET)
Rome, Industry Minister Adolfo Urso takes part in an event on nuclear energy (1415 CET)
((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)(.PL.MI)FTSE IT allshare index FTSE:ITLMS
- FTSE Mib index
- .FTMIB
FTSE Allstars index... FTSE:ITSTAR
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 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: