Italy - Factors to watch on November 5

The following factors could affect Italian markets on Wednesday.

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

October services PMI HCOB data (0845 GMT).

ISTAT releases September retail sales data (0900 GMT).

DEBT

Treasury holds buyback auction for a maximum amount of 5.0 billion euros for the following six bonds: 3.20% BTP bonds due January 28, 2026; 4.50% BTP bonds due March 1, 2026; CCTeu bonds due April 15, 2026; 3.80% BTP bonds due April 15, 2026; 2.10% BTP bonds due July 15, 2026; 3.85% BTP bonds due September 15, 2026.

COMPANIES

(*) FINECO FBK.MI

The asset gatherer posted higher than expected third quarter profits, with revenues bucking expectations for a decline from a year earlier. The group said on Wednesday net income for the July-September period totalled 162.7 million euros ($190 million), above a Visible Alpha analyst consensus of 154 million euros.

(*) BANCA MONTE DEI PASCHI DI SIENA BMPSI.MI

In authorising construction tycoon Francesco Gaetano Caltagirone to hold more than 10% of the Tuscan bank, the ECB has classed it as a financial investor, which prevents Caltagirone from exercising influence over the bank, MF reported. The same conditions apply to MPS' leading shareholder Delfin, preventing the two investors from submitting a slate of candidates to elect a majority of new board members in 2026.

(*) CREDEM EMBI.MI, BANCO BPM BAMI.MI

The lender is interested in regional bank Cassa di Risparmio di Asti, which is also being pursued by Banco BPM, MF newspaper said on Wednesday.

(*) NEXI NEXII.MI

The payments group on Wednesday posted a 0.9% rise in its third-quarter core profit at 526.4 million euros, slightly below the company-provided consensus of 530 million euros, and confirmed its guidance for 2025.

(*) STELLANTIS STLAM.MI

Major automakers including the Franco-Italian group urged the Trump administration on Tuesday to extend a North American free trade deal they call crucial to American auto production.

(*) LEONARDO LDOF.MI

The Italian defence group's 50-50 joint venture with Germany's RheinMetall RHMG.DE, has signed its first contract to supply armoured vehicles for the Italian Army, both companies said on Wednesday.

Releases Q3 results, followed by conference call (1630 GMT).

(*) ERG ERG.MI

The renewable energy group said on Wednesday it hasd commissioned its first Battery Energy Storage System (BESS) in Vicari, Palermo. The facility delivers 12.5 MW of power with 50 MWh of storage capacity and a charge and discharge cycle of approximately 4 hours.

(*) NEWPRINCES NWLF.MI

The Italian food and beverage group said on Wednesday that its British unit Princes Group had been admitted to trading on the London Stock Exchange.

ENI ENI.MI

Argentina's YPF YPFDm.BA and the Italian energy group have reached an agreement with the Abu Dhabi National Oil Company's XRG investment arm for it to join a liquefied natural gas project linked to Argentina's Vaca Muerta field, YPF said on Tuesday.

DE NORA DNR.MI

The electrochemical group raised its margin guidance for the full year after posting a 15.9% increase in its adjusted core profit in the first nine months of 2025.

FERRARI RACE.MI

The luxury sports carmaker posted a better-than-expected 5% increase in third-quarter core earnings on Tuesday, with pricier models in its SF90 XX and 12Cilindri family helping to offset the impact of U.S. import tariffs.

Ferrari has trimmed price increases on some of the models it sells in the U.S. to a maximum of 5% following a deal to reduce the import tariff on European products, a spokesman told Reuters.

(*) JUVENTUS JUVE.MI

Juventus are still without a win in the Champions League after they were held to a 1-1 draw in Turin by Sporting on Tuesday, when Maximiliano Araujo put the visitors ahead and Dusan Vlahovic equalised for the hosts.

SNAM SRG.MI

Releases Q3 results, followed by conference call (1530 GMT).

DIASORIN DIAS.MI

Releases Q3 results, followed by conference call (1700 GMT).

BUZZI BZU.MI

Releases Q3 results.

TELECOM ITALIA (TIM) TLIT.MI

Releases Q3 results.

ANIMA HOLDING ANIM.MI

Releases Q3 results.

BANCA GENERALI BGN.MI

Releases Q3 results.

DIARY

Intesa Sanpaolo ISP.MI and Prometeia hold webinar to present Analysis of Industrial Sectors 108th report "Outlook for the Italian Industry to 2027" (1030 GMT).

Rome, Cabinet meeting (1500 GMT).

Trieste, 3rd edition of "Selecting Italy 2025 - Attracting foreign investment and regional value chains" (0900 GMT); expected attendees include Economy Minister Giancarlo Giorgetti via videoconference, Foreign Minister Antonio Tajani.

((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/