STOCKS NEWS EMERGING EUROPE-TPSA, TVN lead Warsaw rebound

                                
 STOCKS NEWS                     Reuters           Regional
Stocks
                                
 Stocks on the move [HOT-RTRS]   Real-time Equity News [E]
 [.CEE]
                                
 REGIONAL INDICES
                                
 Warsaw WIG20 <.WIG20>          Bucharest Beti <.BETI>
                                
 Budapest SE Index <.BUX>       Prague PX <.PX>
                                
 Zagreb Crobex <.CRBEX>         Sofia Sofix <.SOFIX>
                                
 Ljubljana SBI20 <.SBI>         Istanbul ISE National 100
<.XU100>
                                
 
                                
 0803 22Sept2008 TPSA, TVN lead Warsaw rebound
 --------------------------------------------------------------
                                
 Poland's top telecom TPSA <TPSA.WA> gains nearly 4 percent
as some investors return to selective defensive stocks battered
in last week's retreat, traders say.
                                
 The country's largest listed broadcaster TVN <TVNN.WA> also
gains as some money returns into the market, rising as much as 5
percent.
                                
 "TVN got hit pretty badly recently so it bounces back,"
Wojciech Wosko, trader at DM BZ WBK in Warsaw said.
                                
 "When investors decide to come back, they buy into TPSA,
which has a defensive-stock status. Share buyback at the company
also helps."
                                
 Both stocks outperform a 1.1 percent gain for Warsaw's
blue-chip WIG20 index <.WIG20>.
                                
 rm://adrian.krajewski.thomsonreuters.com@reuters.net
                                
 
                                
 
                                
 0731 22Sept2008 UniCredit cuts CEZ price target
 --------------------------------------------------------------
                                
 UniCredit cuts its price target for Czech utility CEZ
<CEZPsp.PR> to 1,436 crowns from 1,505 crowns but keeps its
"buy" recommendation.
                                
 The stock edges up 0.3 percent to 1,085 crowns.
                                
 For more research news double click [RCH-EMRG]
                                
 rm://chris.borowski.thomsonreuters.com@reuters.net
                                
 
                                
 
                                
 0723 22Sept2008 Polimex falls on sell downgrade
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 Shares in builder Polimex Mostostal <MOSD.WA> fall 4.6
percent to 5.37 zlotys after ING downgraded the stock to "sell"
with a price target of 4.50 zlotys.
                                
 For more research news double click [RCH-EMRG]
                                
 rm://chris.borowski.thomsonreuters.com@reuters.net
                                
 
                                
 
                                
 0715 22Sept2008 Wood&Co. upgrades Philip Morris CR to 'buy'
 --------------------------------------------------------------
                                
 Czech brokerage Wood&Co. upgrades tabacco group Philip
Morris Czech Republic <TABKsp.PR> to "buy" from "hold" and
raises its price target to 7,300 crows from 6,400.
                                
 The stock trades flat at 5,300 crowns.
                                
 rm://jana.mlcochova.thomsonreuters.com@reuters.net