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Italy - Factors to watch on November 17
Italy - Factors to watch on November 17
About this update from Snam S.p.a.
The following factors could affect Italian markets on Monday.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 October CPI final data (0900 GMT).COMPANIESINTESA SANPAOLO MIL:ISP, UNICREDIT MIL:UCG, BANCO BPM MIL:BAMIThe three listed banks have been identified as other systemically important institutions (O-SIIs), the Bank of Italy said on Friday, and as of January 1, 2026, will have to maintain an O-SII buffer of 1.25%, 1.25% and 0.50% respectively, of their total risk-weighted exposure. ICRREA and BNP Paribas' EURONEXT:BNP Italian unit BNL were also identified as O-SIIs. SNAM MIL:SRG The Italian gas grid operator said on Friday it had scrapped plans to acquire a minority stake in Germany's largest independent gas transmission firm, amid resistance from the German economy ministry.AVIO MIL:AVIO(*) The Italian rocket maker said on Monday it had signed a contract with its partner ArianeGroup for the supply of solid rocket motors for the European heavy launcher Ariane 6 items until 2029. The total value of the order intake exceeds 200 million euros for Avio, it said.The European Space Agency on Friday signed two Launchers Exploitation Arrangements, one for Arianespace and ArianeGroup's Ariane 6 and another for Avio's Vega C rocket launcher, the Italian rocket maker said. Ends capital increase (started on November 3).(*) AZIMUT MIL:AZM Deutsche Bank cuts to 'hold' from 'buy'. (*) BUZZI MIL:BZU Barclays cuts to 'equal-weight' from 'overweight'.TENARIS MIL:TENThe Italian steel pipe maker on Saturday announced the second tranche of a $1.2 billion buyback programme. (*) FIERA MILANO MIL:FM The fairs and exhibitions company will in the coming months buy an exhibition stand construction company, and an event organizer in India, CEO Francesco Conci said in an interview with the economy supplement of La Repubblica daily, Affari & Finanza. He said Fiera was looking at investing in India and Brazil.DIARYRome, Industry Ministry hosts meeting on the fashion industry.Rome, Economy Minister Giancarlo Giorgetti and Bank of Italy Governor Fabio Panetta attend inauguration ceremony of the academic year at the School of Economic and Financial Police (1030 GMT).((Milan newsroom, e-mail: ))For Italian market data and news, click on ...