WARSAW, Dec 1 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Monday.
LOTOS <LTOS.WA>
ING downgrades Poland's oil refiner Lotos <LTOS.WA> to
'sell' from 'buy' and slashed its target price by 79 percent to
9 zlotys, saying refining woes and financial costs will weigh on
the company's earnings in the next two years.
LPP <LPPP.WA>
ING raises Poland's largest clothing retailer LPP to 'buy'
from 'hold' and cuts its target price by 21 percent to 1,223.5
zlotys, saying decent fourth-quarter earnings outlook makes the
scale of the stock's recent decline unwarranted.
KGHM <KGHM.WA>
Poland's copper producer KGHM will meet its full-year net
profit forecast of 2.9 billion zlotys as hedging transactions
protected the company against the fall in copper prices, daily
Parkiet reports without giving sources.
TPSA <TPSA.WA>
Poland's largest phone company TPSA, a unit of France
Telecom <FTE.PA>, is unlikely in 2009 to keep its investment at
13-14 percent of revenue seen this year due to the regulator's
attempt to split the company, its management board member
Ireneusz Piecuch tells newspaper Dziennik.
PKN ORLEN <PKNA.WA>
Poland's largest oil refinerPKN Orlen has reached a $20
million settlement wit the U.S. oil giant ConocoPhillips <COP.N>
over its Czech operations, daily Parkiet reports without giving
sources.
NEW ROMANIAN BANK
Investment fund Romanian-American Enterprise Fund has asked
the central bank for to authorise the creation of a commercial
bank, which may get approval as early as next spring, daily
Ziarul Financiar writes.
E.ON <EONG.DE>
German utility E.ON plans to further invest in building new
gas-fired power, hydro-power and wind-powered plants in Romania,
newspaper Business Standard writes.
EUROPEAN MARKETS
European stocks were seen opening mixed on Monday, as
investors turned cautious after gloomy manufacturing data out of
China and ahead of a flurry of U.S. macro data due this week and
rate decisions by both the European Central Bank and the Bank of
England on Thursday.
For the latest news on European markets, double click []
WALL STREET
Wall Street may struggle this week to build on its best
weekly performance in almost 30 years as investors grapple with
a raft of economic data, including the November jobs report,
that will likely provide more evidence of a deep economic
downturn.
For latest Wall Street news, double click []
OTHER EQUITY NEWS
Stocks on the move [] Real-time Equity News []
Emerging markets equities [] E.Europe equities []
Hot stocks [] Stock markets []
Emerging Europe diaries []
European stocks report []
Major world stock market performance []
FTSE Eurotop 300 index...................<>
DJ STOXX index...........................<>
Eurotop 300 sector gainers/losers...<.PGL.FTEU3S>
Top 25 European pct gainers............<.PG.PEUR>
Top 25 European pct losers.............<.PL.PEUR>
European Equities speed guide.............<EUR/EQUITY>
Pan European indices.....................<EUR/INDICES1>
Pan European analysis.....................<EUR/STATS1>
REGIONAL INDICES
Warsaw WIG20 <> Istanbul ISE National 100 <>
Budapest SE Index <> Bucharest Beti <>
Prague PX <> Zagreb Crobex <>
Sofia Sofix <.SOFIX> Ljubljana SBI20 <>
MSCI Global Emerging Markets <.MSCIEF>
FTSEurofirst 300 <>
