EMERGING EUROPE STOCKS - Factors to Watch Nov 7

                                
 (Adds PKO)
                                
 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.
                                
 
                                
 PKO
                                
 Poland's second-largest bank PKO BP <PKOB.WA> reported a 21
percent rise in third-quarter net profit, but missed
expectations due to a jump in bad debt provisions.
                                
 
                                
 TVN
                                
 TVN <TVNN.WA>, Poland's largest media group, raised its
full-year outlook for revenue growth to 20-22 percent and beat
analysts' expectations with a 5 million zloty ($1.80 million)
net profit in the third quarter.                [ID:nL6610330]
                                
 
                                
 PBG
                                
 Third-quarter net profit at PBG <PBGG.WA>, Poland's No.1
construction company by market value, rose 66 percent year on
year to 34.5 million zlotys ($12 million).    [ID:nL6663195]
                                
 
                                
 PKN
                                
 Poland's largest refiner and retailer PKN Orlen <PKNA.WA>
will invest $300 million in its Lithuanian refinery Mazeikiu
this year, management board member Krystian Pater is quoted as
saying by daily Parkiet.
                                
 
                                
 TPSA
                                
 The potential breakup of Poland's largest phone company TPSA
<TPSA.WA> could cost the company 600 million zlotys, writes
Parkiet, citing a reported commissioned by the country's telecom
market regulator.
                                
 
                                
 TESCO
                                
 Britain's top retailer Tesco <TSCO.L> is pressing Polish
suppliers to cut prices, Puls Biznesu reports citing several
local producers. A Tesco representative tells the daily the
request is a part of annual negotiations with suppliers.
                                
 
                                
 ROMGAZ
                                
 Romanian state-owned gas producer Romgaz reports a 77.6
percent rise in 9-month net profit to 442 million lei as its
turnover rose 4.3 percent to 2.38 billion lei, Business Standard
reports.
                                
 
                                
 CUPROM
                                
 Romanian copper firm Cuprom will shut down its plant in the
norther town of Baia Mare starting with Nov.19 for an unknown
period because of high volatility of copper prices, Cotidianul
reports.
                                
 PETROM
Romania's top oil and gas group Petrom <SNPP.BX> reported a
5 percent fall in third-quarter net profit on Thursday, due to a
one-off impairment charge to the book value of its Arpechim
refinery.                                      [ID:nL6669057]
                                
 
                                
 EUROPEAN MARKETS
                                
 European shares were set to open lower on Friday, tracking
sharp losses in U.S. and Japanese markets, as investors
continued to worry about the state of the economy and
deteriorating corporate outlooks.
                                
 Britain's FTSE 100 <.FTSE> is expected to open as much as
0.7 percent lower, Germany's DAX <.GDAXI> is seen down as much
as 0.7 percent and France's CAC-40 <.FCHI> may fall as much as
0.5 percent, according to financial bookmakers.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 U.S. stocks sold off on Thursday in the worst two-day slide
since October 1987 with disappointing corporate outlooks and
bleak sales from major retailers fueling fears of a deepening
economic downturn.
                                
 For latest Wall Street news, double click [.N]

                                
 OTHER EQUITY NEWS
 Stocks on the move      [HOT-RTRS] Real-time Equity News    [E]
 Emerging markets equities [EMRG-E] E.Europe equities     [.CEE]
 Hot stocks                   [HOT] Stock markets          [STX]
 Emerging Europe diaries [EMRG-EUROPE-DIARY]

 European stocks report  [.EU]
 Major world stock market performance     [.STX]
 FTSE Eurotop 300 index...................<.FTEU3>
 DJ STOXX index...........................<.STOXX>
 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 <.WIG20>     Istanbul ISE National 100 <.XU100>
 Budapest SE Index <.BUX>  Bucharest Beti <.BETI>
 Prague PX <.PX>           Zagreb Crobex <.CRBEX>
 Sofia Sofix <.SOFIX>      Ljubljana SBI20 <.SBI>
 
 MSCI Global Emerging Markets <.MSCIEF>
 FTSEurofirst 300 <.FTEU3>
 ($1=2.741 Zloty)