PRAGUE, Nov 10 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Wednesday.
ALL TIMES GMT (Czech Republic: GMT + 1 hours)
=========================ECONOMIC DATA=========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
============================EVENTS============================== PRAGUE - Betting company Fortuna <FOREsp.PR> nine-month
results press conference at 0830 GMT.
Related news: []
PRAGUE - Telecoms operator Telefonica O2 Czech Republic
<>, a unit of Spain's Telefonica <TEF.MC>, to release
nine-month results.
Related news: []
PRAGUE - 3-year government bond auction <CZ1002729=>.
Related news: []
PRAGUE - The Czech cabinet to hold a session
(www.vlada.cz/en/default.htm). News conference to follow.
Related news: []
PRAGUE - CSOB, a unit of Belgian's KBC Group <KBC.BR>, to
release nine-month results (1300 GMT).
Related news: []
============================MORNING NEWS======================
FORTUNA RESULTS: Net profit at Czech betting firm Fortuna
Entertainment Group <FOREsp.PR> rose 21 percent to 11.9 million
euros in the first nine months on rising bets, especially in the
online segment, it said on Wednesday.
Story: [] Related news: []
============================TOP NEWS==========================
CSOB IPO: Belgian banking and insurance group KBC's <KBC.BR>
planned flotation of a minority of its Czech unit CSOB will be
delayed until the second quarter of 2011, two sources familiar
with the operation told Reuters.
Story: [] Related news: []
CEZ RESULTS: Czech power group CEZ <> cut its
investment by 78 billion crowns ($4.4 billion) for 2010 through
2014, pulling out of projects abroad to focus on the domestic
market and respond to weaker power prices.
Story: [] Related news: []
KEEPING GUIDANCE: Italian utility Enel <ENEI.MI> and Czech
power group CEZ <> stuck to or improved their full-year
outlooks on Tuesday, adding they hoped power prices could
recover in coming years to rescue margins.
Story: [] Related news: []
SOLAR CAP: The Czech Republic on Tuesday halved feed-in
tariffs for solar plants opening from 2011 and approved new
solar and carbon taxes to deal with a solar boom that threatens
to send home and business power prices soaring.
Story: [] Related news: []
CPI WEAKER: Czech consumer prices fell by 0.2 percent in
October from September, putting the annual inflation rate at 2.0
percent, below market expectations, and spot on the central
bank's inflation target.
Story: [] Related news: []
CEE MARKETS: Central European currencies tracked a rebound
in the euro to trade a tad stronger on Tuesday, but worries of a
spillover from fringe euro zone debt problems and weak Hungarian
budget figures weighed.
Story: [] Related news: []
CEE POWER: Czech day ahead prices tumbled on Tuesday in
expectations of wind generation increasing in the reason while
the Cal '11 power was stable near a 7-month low in a sideways
market, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24.565 24.572 0.03 6.66
vs Dollar <CZK=> 17.823 17.63 -1.09 3.01
Czech Equities <> 1,172 1,172 0.68 4.9
U.S. Equities <> 11,346.75 11,406.84 -0.53 8.81
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
CO2 TAX: A new tax on CO2 credits for 2011 and 2012 could
cost CEZ <> 3 billion to 4 billion crowns in that
period, the power firms trading chief said.
Hospodarske Noviny, page 19
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
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For summary of economic data and forecasts <CZ/ECON01>
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TOP NEWS -- Emerging markets []
TOP NEWS -- Convergence watch []
For an economic indicator diary for the euro zone, the United
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