Czech Republic - Factors To Watch on Nov 16

...GMT + 1 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    No economic indicators are due for release until 
third-quarter wage data on Nov. 27. 
    Real-time economic data releases.................... 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
    Updates on Czech currency.............................[CZK/] 
 
 ========================== TOP STORY ========================== 
    CEZ PROFIT BEATS FORECASTS: Power firm CEZ  
posted a better-than-expected 61 percent jump in third-quarter 
net profit and raised its full-year outlook on higher 
electricity prices and solid demand. 
    Story: [nL15239517] Related news: [RTRS-LEN-CZ-CEZPsp.PR] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,797.4  1,828.3   -1.69        +13.12 
 vs Euro       26.620   26.559   -0.23         +3.31 
 vs Dollar        18.181   18.144   -0.24        +14.48 
 U.S. Equities    13,110   13,231   -0.91         +5.19 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    ULTRA-LONG BOND: The Czech Republic will offer 8 billion 
crowns ($439.8 million) worth of its first-ever 50-year domestic 
bond on Nov. 21 to cater to investor demand for ultra-long 
paper. 
    Story: [nL15170910] Related news: [RTRS-LEN-CZ-GVD-ISU] 
     
    CROWN SEEN WEAKER: The Czech crown is expected to slip 
towards 27 per euro  in the coming months, a Reuters 
poll showed, highlighting market expectations that the 
currency's rally has fizzled out. 
    Story: [nL15871323] Related news: [POLL/CZK] 
    * FOR TABLE WITH POLL RESULTS, CLICK ON [ID:nL15460726] 
     
    CZECHS BACK UP TURKEY: The Czech Republic will use its 
tenure as EU president in 2009 to intensify negotiations on 
Turkey's entry into the Union, Prime Minister Mirek Topolanek 
said. 
    Story: [nL15723232] Related news: [RTRS-LEN-TR-DIP] 
 
 ======================= PRESS DIGEST ========================== 
    CEZ DIVIDENDS: Deputy Finance Minister Ivan Fuksa said the 
government could receive as much as 20 billion crowns ($1.10 
billion) as dividends from the highly-profitable power utility 
CEZ . 
    Hospodarske Noviny, page 1 
     
    CME MAY BUY WEB PORTAL: Television broadcaster Central 
European Media Enterprises  is likely a 
front-runner in talks to buy one of the largest Czech Web 
portals, Atlas.cz (www.atlas.cz), from a private equity group, 
according to two unidentified sources. The price could reach up 
to 500 million crowns ($27.49 million). 
    Mlada fronta Dnes, page A12 
 
    PRAGUE MAYOR POPULAR: Prague Mayor Pavel Bem, member of the 
ruling Civic Democrats (ODS), remains the most popular Czech 
politician, with a 55 percent approval rating, followed by 
opposition Social Democrat Bohuslav Sobotka with 49 percent. 
Prime Minister Mirek Topolanek is the 14th most popular, with 34 
percent. 
    Pravo, page 2 
 
 
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 For summary of economic data and forecasts           
 For diary of forthcoming Czech events                [CZ/DIARY] 
 For calendar of east European economic indicators  [CONV/DIARY] 
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 For real-time stock market index quotes click in brackets: 
 Warsaw WIG20   Budapest BUX   Prague PX  
 
    News editor of the day: Jan Lopatka on +420 224 190 477; 
fax: +420 224 229 935 
    E-mail: prague.newsroom@reuters.com 
    Reuters Messaging: jan.lopatka.reuters.com@reuters.net 
 
 (Compiled by Marek Petrus) 
  
 ($1=18.19 Czech Crown) 
  Keywords: CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]