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(AFX UK Focus)
2008-11-10 08:11
EMERGING EUROPE STOCKS - Factors to Watch Nov 10 |
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WARSAW, Nov 7 (Reuters) - Here are news stories, press reports and events to watch which may affect Central/Eastern Europe's financial markets on Friday.
POLKOMTEL Next year's results at the Polish mobile operator Polkomtel may be worse than this year's, the company's CEO was quoted as saying by daily Gazeta Prawna in the interview. The CEO also said investments in the 2009 are likely to be lower than 1.5 billion zlotys due to an economic slowdown.
HALFORDS British car parts and bike retailer Halfords plans to open its first store in the southwest of Poland, daily Rzeczpospolita wrote.
CIECH Poland's largest chemical company, Group Ciech , cut its 2008 net profit forecast to 88 million zlotys from 225 million zlotys, the company said in a statement on Friday.
TVN TVN, Poland's top media group, on Friday raised its 2008 sales growth outlook as a strong television ad market helped the group turn in a surprise third-quarter net profit.
ZENTIVA Czech generic drugs maker Zentiva is seen posting a 35.4 percent rise in third quarter net profit when it reports results Nov. 10 at 1100 GMT.
KOMERCNI Net profit of Czech Komercni Banka, the only listed Czech bank, jumped 21 percent year-on-year in the third quarter, beating expectations on the back of strong lending returns.
BRD RESULTS Romania's second-largest bank BRD will release nine-month final results.
VIENNA INSURANCE Vienna Insurance Group, the leader of the local insurance market, recorded a 421 million euro turnover over January-September, 34 percent up from the same period a year ago, Ziarul Financiar writes.
EUROPEAN MARKETS European shares were set to open higher on Monday, tracking strong gains in U.S. and Japanese markets, with China's nearly $600 billion economic stimulus plan seen boosting market sentiment. Futures for the DJ Euro Stoxx 50, Germany's DAX and France's CAC 40 rose 3.1-3.5 percent. For the latest news on European markets, double click
WALL STREET U.S. stocks rose on Friday as bargain hunters scooped up shares at multiyear lows after a big drop in the October payrolls was less dire than feared. For the week, though, the indexes closed lower after an extremely volatile run since Monday's opening bell. For latest Wall Street news, double click
OTHER EQUITY NEWS
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Budapest SE Index Bucharest Beti
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