Czech Republic - Factors To Watch on Nov 20

...Republic: 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 ========================== 
    VGP CUTS IPO: Real estate developer VGP has scaled back its 
initial public offering (IPO) to about one third of the earlier 
indicated quantity of shares because of turbulent stock markets, 
the company said. 
    The price range for the offering of 50 million euros worth 
of new shares would be announced on Tuesday. The IPO would 
launch on Wednesday and was expected to close on Dec. 5. 
    Story: [nL19234160] Related news: [RTRS-LEN-CZ-VGP] 
 
 =========================== EVENTS ============================ 
    PM TO SPEAK: Prime Minister Mirek Topolanek gives keynote 
address at 1000 at a business conference organised by The 
Economist. Discussion with Industry and Trade Minister Martin 
Riman (1245) and CNB's Governor Zdenek Tuma (1515) is to be held 
off-the-record. 
    Related news: [RTRS-LEN-CZ-PLCY] 
     
    50-YEAR COUPON: The Finance Ministry is expected to set the 
coupon for a new 50-year benchmark government bond at 1300. 
    Related story: [ID:nL15170910] 
     
    IMF MISSION STATEMENT: The Finance Ministry and the 
International Monetary Fund (IMF) hold a news conference on an 
IMF mission's concluding statement at 1330. 
     
    BOSNIAN LEADER: Prime Minister Mirek Topolanek meets his 
Bosnia's counterpart Nikola Spiric. News conference at 1430. 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,770.6  1,793.8   -1.29        +11.44 
 vs Euro       26.735   26.720   -0.06         +2.86 
 vs Dollar        18.212   18.216   +0.03        +14.33 
 U.S. Equities    12,958   13,177   -1.66         +3.97 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    MINER TO INVEST: Black coal miner OKD, which plans an 
initial public offering in coming weeks, will invest 300 million 
euros ($439.2 million) in upgrading its equipment, its owner New 
World Resources (NWR) said. 
    Story: [nL19342482] Related news: [RTRS-LEN-CZ-OKD] 
 
 ======================= PRESS DIGEST ========================== 
    HIGHER CIGARETTE PRICES: Market leader Philip Morris CR 
 has registered higher prices for its cigarette 
brands, according to a newspaper report, which says the price 
hike is not related to any tax increase and might instead be 
aimed at raising the company's profits before the year-end. 
    Mlada fronta Dnes, page B1 
    Related news: [RTRS-LEN-CZ-TABKsp.PR] 
 
 
 For Instant Views of key economic data click on    [CZ/INSTANT] 
 For summary of economic data and forecasts           
 For diary of forthcoming Czech events                [CZ/DIARY] 
 For calendar of east European economic indicators  [CONV/DIARY] 
 TOP NEWS -- Emerging markets                         [TOP/EMRG] 
 TOP NEWS -- Convergence watch                        [TOP/EAST] 
 
 For an economic indicator diary for the euro zone, the United 
 States and other Group of Seven countries see          
 
 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) 
  
  Keywords: CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]