Italy - Factors to watch on November 3

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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 .DEBTEuropean ratings agency Scope revised Italy's outlook to "positive" from "stable" on Friday, citing sustained improvement in public finances and stronger resilience of the country's economy.Scope, which affirmed the credit ratings at "BBB+", said the economy's improved resilience reflects a stronger labour market, a sound banking system and a favourable net external position.ECONOMYOctober PMI manufacturing HCOB data (0845 GMT).Transport Ministry releases October car sales data (1700 GMT).October state sector borrowing requirement data.COMPANIESCAMPARI MIL:CPRItalian tax police said on Friday they had seized shares worth 1.29 billion euros ($1.5 billion) from the holding company that controls the Italian drinks group, over alleged tax evasion.(*) ENI MIL:ENIThe Italian energy company and Malaysia's state energy firm Petronas said on Monday they had signed a binding agreement to form a jointly owned company combining their upstream oil and gas assets in Indonesia and Malaysia.(*) LEONARDO MIL:LDONorway said on Monday it had agreed to settle a $3.3 billion claim against Airbus-controlled NHIndustries for compensation over flaws and delays in NH90 military helicopters, averting a rare public court trial in European defence.INTESA SANPAOLO MIL:ISPThe Italian bank is considering writing off parts of its IT system under a new multi-year strategy it will unveil in early February, as it shifts to a cloud-based core-banking IT infrastructure, its CEO Carlo Messina said on Friday.(*) TENARIS MIL:TENThe Italian steel pipe maker said it would start on Monday the second tranche of its share buyback programme worth up to $600 million. (*) ITALGAS MIL:IGCitigroup on Monday cut its rating on the stock to 'neutral' from 'buy' and raised the target price to 10 euros from 7.8 euros. (*) A2A MIL:A2AMorgan Stanley on Monday raised its rating on the stock to 'overweight' from 'equal weight' and the target price to 3.25 euros from 2.55 euros. (*) PRYSMIAN MIL:PRYGoldman Sachs on Monday added the stock to its European Conviction List. (*) MFE-MEDIAFOREUROPE MIL:MFEAJPMorgan on Monday initiated its coverage on the stock with 'overweight' rati...

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