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<>
1555 GMT 18June2008- Lotos falls to all-time low on cost
fears
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Share's in Poland's No. 2 refiner Lotos <LTOS.WA> fell 4.9
percent to 28.62 zlotys, their lowest in three years as concerns
over its pricey development plans compounded the already weak
sentiment toward oil-related stocks.
"Investors consider Lotos's strategy as very risky," said a
CAIB broker Grzegorz Skowronski.
For more news on Lotos double click []
rm://chris.borowski.reuters.com@reuters.net
0928 GMT 18June2008- Atlantik FT raises CEZ target price
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Atlantik FT raises target price on power group CEZ
<> to 1,568 crowns from 1,437, and keeps its 'buy'
rating.
"The main factor leading to the growth in the firm's value
is the rise of expected electricity prices," the brokerage said.
CEZ traded 1.4 percent up at 1,328 crowns.
Reuters Messaging:
rm://jan.lopatka.reuters.com@reuters.net
0836 GMT - Richter, Egis rise on court ruling, Sanofi bid
for Zentiva
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Hungary's main drug makers Richter <GDRB.BU> and Egis
<EGIS.BU> gained on Wednesday after on court ruling abolishing a
fee to be paid on sales agents. The stocks, were also boosted by
Sanofis' planned bid for Czech drug firm Zentiva <>.
Egis shares stocks rose 2 percent to 16,200 forints, while
Richter moved up 0.7 percent to 33,240.
"Both the court ruling and the Zentiva news are helping
these stocks gains some momentum. These news items bring drug
companies into the focus," a trader said.
Reuters Messaging
rm://balazs.koranyi.reuters.com@reuters.net
0720 GMT 18June2008 - Zentiva gains on rival Sanofi bid
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Shares in Czech generic drugs maker Zentiva <>
rises 4.8 percent to 1086 Czech crowns in early trade after
Sanofi-Aventis <SASY.PA> makes a 1,050 crowns/share bid to rival
a 950 crown offer by financial group PPF.
For more details on Sanofi bid double click on []
Reuters Messaging rm://jan.korselt.reuters.com@reuters.net
0720 GMT 18June2008 - Erste starts Amrest at "hold"
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Erste starts coverage of Polish restaurant operator AmRest
<AMMR.WA> at "hold" with a targer price of 81 zlotys. AmRest
closed at 82.55 zlotys on Tuesday.
Reuters Messaging
rm://piotr.bujnicki.reuters.com@reuters.net
($1=2.180 Zloty)
