Italy - Factors to watch on May 6

The following factors could affect Italian markets on Tuesday.

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 IT/DIA.

ECONOMY

April services PMI HCOB data (0745 GMT).

DEBT

Italy's Treasury said it planned to buy back five BTP bonds expiring next year in a transaction to be held on Wednesday, using the cash surplus it holds at the Bank of Italy.

Treasury announces sale of 12-month BOT bills, with relative amounts to be auctioned on May 9.

COMPANIES

MEDIOBANCA MDBI.MI, BANCA GENERALI BGN.MI, GENERALI GASI.MI

The chairman of Generali, Andrea Sironi, told reporters on Monday he expected the board of the Italian insurer to discuss the bid by Mediobanca for Banca Generali at a meeting on May 7.

UNICREDIT CRDI.MI, BANCO BPM BAMI.MI

Italy's government is unwilling to soften conditions imposed on the Italian lender's bid for Banco BPM, potentially prompting the bank to pull the deal, Bloomberg reported on Monday citing people familiar with the matter.

Commerzbank CBKG.DE employee representatives are calling on staff to protest against a possible takeover by UniCredit, signalling that resistance to any deal remains fierce.

SNAM SRG.MI

Presents "Innovation Plan" with CEO Stefano Venier (1300 GMT) in Milan; followed by press conference with CEO Stefano Venier and Chief Strategy and Technology Officer Claudio Farina (1500 GMT).

STELLANTIS STLAM.MI

The automaker Chairman John Elkann and Renault RENA.PA CEO Luca de Meo urged the European Union to adopt more favourable rules for small cars, warning that the declining profitability of small cars could force plant closures without changes.

AMPLIFON AMPF.MI

Releases Q1 result, followed by conference call (1300 GMT).

BANCA POPOLARE DI SONDRIO BPSI.MI

Releases Q1 result, followed by conference call (1600 GMT).

DIASORIN DIAS.MI

Releases Q1 result, followed by conference call (1600 GMT).

FERRARI NV RACE.MI

Releases Q1 result, followed by conference call (1300 GMT).

INTESA SANPAOLO ISP.MI

Releases Q1 result, followed by conference call (1300 GMT).

ANIMA HOLDING ANIM.MI

Releases Q1 result, followed by conference call (1400 GMT).

EDISON EDNn.MI

Releases Q1 result.

TENARIS TENR.MI

Annual and extraordinary shareholders' meeting (0800 GMT).

DIARY

Foreign Minister Antonio Tajani and Croatian counterpart Gordan Grlic-Radman attend "Croatia-Italy Economic Forum" in Zagreb.

Rome, representatives from trade unions CGIL, CISL, UIL, UGL (0900 GMT) and Communications Authority (AGCOM) President Giacomo Lasorella (1000 GMT) address Chamber of Deputies Transport and Industry committees on artificial intelligence.

Milan, 58th edition of the Asian Development Bank (ADB) annual event "Sharing Experience, Building Tomorrow" continues; ends on May 7. On Tuesday expected attendees include Bank of Italy Governor Fabio Panetta, Treasury Riccardo Barbieri Hermitte and Marcello Sala from Economy Ministry, Leonardo LDOF.MI Chairman Stefano Pontecorvo and Space Division Managing Director Massimo Claudio Comparini, International Fund for International Development (IFAD) President Alvaro Lario, Snam SRG.MI CFO Luca Passa, Environment and Energy Security Minister Gilberto Pichetto Fratin. Bank of Italy Governor Fabio Panetta (0700 GMT); Treasury Director General Riccardo Barbieri Hermitte.

Milan, "Next Milan forum 2025" ends (1230 GMT); on Tuesday expected attendees include Prada Group 1913.F Corporate Social Responsibility Head Lorenzo Bertelli, International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi.

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

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 .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

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 index...............................FTEU3

DJ STOXX index.......................................STOXX

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 Jones................DJI Wall Street report ......N

Nikkei 225..............N225 Tokyo report.............T

FTSE 100................FTSE London report............L

World Indices.....................................0#.INDEX

Reuters survey of world bourse outlook.........EQUITYPOLL1

Western European IPO diary..........................WEUIPO

European Asset Allocation........................EUR/ASSET

Reuters News at a Glance: Equities...............TOP/EQE

Main currency report:...............................FRX/