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The following factors could affect Italian markets on Friday.
Reuters has not verified the newspaper reports, and cannotvouch for their accuracy. New items are marked with (*).
For a complete list of diary events in Italy please click on.
POLITICS
Italy's deeply divided Democratic Party (PD) will meet onMay 3 to discuss whether to hold talks with theanti-establishment 5-Star Movement on potentially forming acoalition, two months after inconclusive elections.
ECONOMY
Ratings agency S&P reviews sovereign debt rating on Italy.
DEBT
Treasury sells 3.0-3.5 billion euros new CCTeu bonds dueSept. 15, 2025; 2.25-2.75 billion euros 0.95 percent BTP bondsdue March 1, 2023; 2.5-3.0 billion euros 2.00 percent BTP bondsdue Feb. 1, 2028. Subscriptions close at 0900 GMT.
COMPANIES
TELECOM ITALIA
The phone group said on Thursday it appointed ElisabettaRomano as Chief Technology officer. It added that the newmanager, "responsible for ensuring technological innovation,evolution of the networks and for the IT required ...for Tim'sdigitisation process", would report directly to the CEO.(*) Activist fund Elliott stepped up pressure on Telecom ItaliaTIM shareholders to change the group's board at a May 4 vote, ina move to reduce Vivendi's influence and remove "animpediment to TIM's full potential".
ENI(*) The Italian oil major confirmed its production growthtargets for the year after profits in the first quarter rose 31percent boosted by higher oil prices and output.
Conference call on Q1 results at 1000 GMT.
Iraq failed to attract investment from the top global energycompanies in its oil and gas exploration/development contractauction on Thursday, with no major firms winning any bids andonly Eni submitting an offer.
Libya's National Oil Corporation has held discussions withBP and Eni about resuming exploration activity in theNorth African country, it said on Thursday.
LEONARDO
Seeking to reduce Europe's dependence on a market dominatedby the U.S. and Israel, Airbus, Dassault Aviationand Leonardo, unveiled a first full-scale model oftheir planned Medium-Altitude Long-Endurance (MALE) drone at theBerlin air show.(*) The group said on Friday it signed and agreement withAustralia's Ministry of defence for a local transmission repairand overhal facility.
(*) LUXOTTICA
French eyewear company Essilor, which is in theprocess of merging with Luxottica, reported on Friday a dip infirst-quarter sales on Friday as currency swings impacted itsbusiness.
The finalisation of the proposed combination between the twogroups is planned for the firs part of this year, afterobtaining all necessary authorisations.
(*) MEDIASET
The Berlusconi family could decide to sell its controllingshare in the private broadcaster, la Repubblica reported, thoughadding that the "hypothesis is today unlikely".
CNH(*) The group said on Friday it launched a new share buybackprogramme for up to $700 million.
Board meeting on Q1 results, followed by conference call(1330 GMT).
(*) GEDI
President Marco De Benedetti denied rumours regarding aninterest in the publishing company by tycoon Xavier Niel in aninterview with la Repubblica. "If we were to evaluate alliancesthese would be just to stregthen (the group), not for furtherdistractions," De Benedetti said.
UNIEURO
The consumer electronics group said on Thursday it would paya dividend of 1 euro per share after posting a 5.3 percent risein adjusted EBITDA for the financial year ending in Feb. 2018.
CATTOLICA
The insurer said on Thursday it appointed Valter Trevisanias General Manager, effective from May 2.
CIR
Board meeting on Q1 results (0730 GMT) and annual andextraordinary shareholders' meetings (0900 GMT).
COFIDE
Board meeting on Q1 results (1230 GMT) and annual andextraordinary shareholders' meetings (1400 GMT).
ITALIAONLINE
Annual and extraordinary (0900 GMT) and saving (1400 GMT)shareholders' meetings.
TENARIS
Conference call on Q1 results (1200 GMT).
TREVI
Bond holders' meeting (0900 GMT).
UNIEURO
Conference call on FY results, closed on Feb. 28, 2018 (0800GMT).
(*) ALITALIA
The major unions of the sector are supporting a bid for theItalian carrier by easyJet and Delta which will grant a greaterdialogue over employment issues, La Repubblica reported.
Board meetings on Q1 results: ACSM-AGAM, ELICA, LUXOTTICA (sales) followed by conference call(1630 GMT), PIERREL.
Board meetings on FY results: BIALETTI INDUSTRIE,BORGOSESIA, NETWEEK, PRELIOS,TERNIENERGIA.
Annual general meetings: A2A (0900 GMT), ACQUAFIL(1330 GMT), AEDES (0800 GMT), AXELERO, BANCA FINNAT (0800 GMT), BRIOSCHI SVILUPPOIMMOBILIARE (0900 GMT), CAD IT (0730 GMT),CAIRO COMMUNICATION (0800 GMT), COVER 50 (1200GMT), CREDITO EMILIANO (1500 GMT), CREDITOVALTELLINESE (0730 GMT), CRESCITA (0700GMT), DBA GROUP, EL.EN., ELETTRA INVESTIMENTI(1000 GMT), ELICA (0700 GMT), EMAK(0800 GMT), ENAV (1300 GMT), ENERGICA MOTOR COMPANY(0730 GMT), ENERVIT (0930 GMT), EXPRIVIA(0900 GMT), FIDIA (1400 GMT), FILA(0800 GMT), FRENDY ENERGY (0900 GMT), GAMBERO ROSSO(0930 GMT), GAMENET GROUP (0900 GMT), GEL(0800 GMT), GIMA TT (0800 GMT), HEALTHITALIA (1030 GMT), IL SOLE 24 ORE (0730 GMT), IMA(1015 GMT), INIZIATIVE BRESCIANE (1300 GMT),INTESA SANPAOLO (0800 GMT), LEONE FILM GROUP(1300 GMT), LU-VE (0830 GMT), NOTORIOUS PICTURES(0700 GMT), PANARIAGROUP (0800 GMT), PLTENERGIA (0900 GMT), PORTALE SARDEGNA (0830GMT), PRADA (1000 GMT), RETELIT (1300 GMT), ROSETTIMARINO (0900 GMT), SARAS, SMRE (0900GMT), STEFANEL (0900 GMT), VETRYA, VITTORIAASSICURAZIONI (0830 GMT), ZIGNAGO VETRO (0900GMT).
Annual and extraordinary shareholders' meetings: ENERTRONICA(1200 GMT), EXPERT SYSTEM (0800 GMT), GOINTERNET (0900 GMT), LVENTURE GROUP (0700GMT), NOVA RE (1000 GMT).
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