Italy - Factors to watch on November 3

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 IT/DIA.

DEBT

European 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.

ECONOMY

October PMI manufacturing HCOB data (0845 GMT).

Transport Ministry releases October car sales data (1700 GMT).

October state sector borrowing requirement data.

COMPANIES

CAMPARI CPRI.MI

Italian 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 ENI.MI

The 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 LDOF.MI

Norway 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 ISP.MI

The 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 TENR.MI

The Italian steel pipe maker said it would start on Monday the second tranche of its share buyback programme worth up to $600 million.

(*) ITALGAS IG.MI

Citigroup 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 A2.MI

Morgan 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 PRY.MI

Goldman Sachs on Monday added the stock to its European Conviction List.

(*) MFE-MEDIAFOREUROPE MFEB.MI

JPMorgan on Monday initiated its coverage on the stock with 'overweight' rating and a target price of 5.80 euros.

(*) JUVENTUS JUVE.MI

The club beat Cremonese 2-1 in coach Luciano Spalletti's first game in charge.

LOTTOMATICA LTMC.MI

Board meeting on Q3 results.

((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/