WARSAW, Oct 14 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Tuesday.
CENTRAL BANK
The Polish central bank will be able to use currency swaps
as one of the tools to boost liquidity of local banks, its
Monetary Policy Council (MPC) said. []
NETIA
Polish phone group Netia <NTIA.WA> upgraded its 2008 EBITDA
forecast to 145 million zlotys and saw the 2009 figure at 225
million zlotys.
PHILIP MORRIS CR
Erste Bank upgrades its recommendation for Philip Morris CR
<> to 'buy' from 'hold' and raised its price target to
8,900 crowns from 8,800 crowns.
PKN ORLEN
The publication of Poland's oil company PKN Orlen <PKNA.WA>
updated strategy may be delayed by a few days from the turn of
the month due to financial turmoil, writes Parkiet.
ENEA
Polish state-owned energy group Enea will publish its issue
prospectus in a few days ahead of a planned listing, Parkiet
reports, without quoting sources.
VOLKSWAGEN CUTS OUTPUT
Volkswagen <VOWG.DE> plans to limit output at its factory in
western Poland plans to limit its output, Dziennik said.
HEINEKEN
The Romanian unit of Dutch brewer Heineken NV <HEIN.AS> does
not plan to change its 50 million euro investment plan for next
year, Ziarul Financiar reports.
BANCA TRANSILVANIA
Banca Transilvania <BATR.BX>, Romania's fourth largest bank,
obtained a loan facility of over 100 million euros from World
Bank's International Finance Corporation, which will be used to
finance mortgage loans and credits for SMEs, Ziarul Financiar
reports.
BAYERLB
Hungary's MKB Bank, a unit of Bayerische Landesbank
<BLGGgg.F>, has suspended the issuance of foreign currency loans
in Hungary to protect clients from currency swings, the bank
said in a statement on Monday. []
DAIMLER
Daimler AG <DAIGn.DE> has not changed its plans to build an
800 million euros Mercedes factory in Kecskemet, its spokesman
told RTL News in Stuttgart. The new factory will produce the new
compact Mercedes models.
EUROPEAN MARKETS
European shares were seen surging on Tuesday, extending the
previous session's record rally on news that the United States
plans to inject $250 billion into stricken banks.
Financial spreadbetters expected Britain's FTSE 100 <>
to open 270 to 283 points higher, or as much as 6.6 percent,
Germany's DAX <> to open 294 to 298 points higher, or as
much as 5.9 percent, and France's CAC-40 <> to open 225 to
228 points higher, or as much as 6.5 percent.
For the latest news on European markets, double click []
WALL STREET
Wall Street roared back from its worst week ever with one of
its best single days ever on Monday, as governments pledged to
pour cash into struggling banks to restore confidence in a rocky
global financial system.
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 <>