EMERGING EUROPE STOCKS - Factors to Watch July 15

                                
 (Adds ING on TPSA)
                                
 WARSAW, July 15 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Tuesday.
                                
 
                                
 TPSA
                                
 ING raises its target price for Poland's largest telecom
TPSA <TPSA.WA> to 26.20 zlotys from 25.70 zlotys and maintains
"buy" recommendation, citing continued economic boom in Poland
and calmed fears of negative regulatory effect on the stock.
                                
 
                                
 RICHTER, POLPHARMA
                                
 Hungarian drug makerRichter Gedeon <GDRB.BU> says it fails
to complete the planned takeover of Poland's Polpharma by a
Monday deadline.                                 [nL15431887]
                                
 
                                
 POLNORD, FADESA
                                
 Polish builder Polnord <PNOR.WA> would be willing to buy out
Martinsa Fadesa <MFAD.MC> from a Polish joint venture,
estimating the value of the Spanish group's 51-percent stake at
200-250 million zlotys, daily Parkiet writes.
                                
 
                                
 OTE
                                
 Cosmote Romania, the local branch of Greece's OTE <OTEr.AT>,
expects that the number of its clients more than doubled to 4.6
million in the first half of 2008, daily Business Standard
reports.
                                
 
                                
 PETROLSUB
                                
 Romanian oil refinery Petrolsub, which has a capacity of
460,000 tonnes per year, will be auctioned off on July 28 with a
starting price of 13.5 million euros, Ziarul Financiar reports.

                                
 CEZ
                                
 Czech power group CEZ <CEZPsp.PR> unveiled a preliminary
plan on Monday to build two new units at its Temelin nuclear
power plant in a move that could be the largest investment in
the central European state.                    [ID:nL14711011]
                                
 
                                
 EUROPEAN MARKETS
                                
 European stock index futures pointed to steep falls at the
open on Tuesday, tracking hefty losses in Asian and U.S. markets
as investors worldwide fretted about a financial sector stricken
by a credit crisis.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 U.S. stocks fell on Monday as worry about the health of the
U.S. banking sector after Friday's collapse of IndyMac
outweighed earlier optimism over the government's plan to
stabilize Fannie Mae <FNM.N> and Freddie Mac <FRE.N>.
                                
 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>