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Italy - Factors to watch on November 6
Italy - Factors to watch on November 6
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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 .ECONOMYOECD releases October composite leading indicator data (1100 GMT).COMPANIES(*) STELLANTIS MIL:STLAMThe Franco-Italian carmaker could renegotiate an offtake agreement with Australia's Alliance Nickel ASX:AXN on reduced volumes, as it now expects to build fewer electric cars than planned, MF reported on Thursday, citing market sources. On Wednesday, Alliance Nickel shares were halted pending an announcement with Stellantis. (*) BANCA MONTE DEI PASCHI DI SIENA MIL:BMPSThe state-backed bank kicked off a long-winded procedure to amend its bylaws to allow the outgoing board to nominate successors, with the change intended to be used in April 2026 when current directors expire, Italian daily la Repubblica reported on Thursday.(*) BPER MIL:BPEItaly's fourth-largest bank said on Thursday it expected 2025 revenue to reach around 6.4 billion euros after third-quarter net profit beat expectations, as it reaped the first benefits of its recent acquisition of regional peer Banca Popolare di Sondrio MIL:BPSO.Conference call at 0900 GMT.MEDIOBANCA MIL:MBThe Italian merchant bank on Wednesday reported an 11.8% yearly fall in quarterly net profit, hit by costs tied to its defence against Banca Monte dei Paschi's (MPS) takeover bid, despite steady revenues.(*) DOVALUE MIL:DOVThe Italian debt collector said on Thursday it had strengthened its credit‑management partnership with BPER and signed a binding agreement to buy a 5.1% stake in leasing operator Alba Leasing, which has total assets of more than 5 billion euros, from Italy's fourth‑largest bank.LEONARDO MIL:LDOThe defence company will exceed the financial goals it has set itself for the full year given the strong results achieved so far in 2025, Chief Executive Roberto Cingolani said on Wednesday.The group is making progress in the talks for a partnership deal for its aerostructures unit, and still sees a deal being reached by year-end, CEO Roberto Cingolani told an analyst call.(*) IVECO GROUP MIL:IVGThe truck and bus maker on Thursday trimmed its 2025 adjusted core profit (EBIT) guidance to a range between 680 million euros and 730 million euros.Conference call at 1000 GMT. S...