PRAGUE, Feb 25 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Wednesday:
ALL TIMES GMT (Czech Republic: GMT + 1 hour)
======================== ECONOMIC DATA ========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on Czech currency.............................[]
=========================== EVENTS =============================
PRAGUE - Start of two-day forum "Renewable Energy Finance
Forum Central and Eastern Europe".
Related news: []
==========================MORNING NEWS==========================
CME Q4 REVENUE DROPS: Revenue at Central European Media
Enterprises (CME) <> <CETV.O> dropped 3 percent to
$291.5 million in the fourth quarter, falling short of
forecasts, the broadcaster said on Wednesday.
Story: [] Related news: []
SANOFI RAISES ZENTIVA STAKE: Sanofi-Aventis <SASY.PA> has
succeeded in buying Zentiva <>, holding 94 percent of
the Czech generic drugmaker's share capital, the French
drugmaker said on Wednesday.
Story: [] Related news: []
============================NEWS================================
CZECH TELEFONICA NET DROPS: Net profit at Telefonica O2
Czech Republic <> fell 6 percent to 2.6 billion crowns
($117.3 million) in the fourth quarter, missing forecasts, the
Czech telecom group said on Tuesday.
Story: [] Related news: []
NWR PROFIT UP, LOWER PRICES IN 2009: New World Resources
(NWR) <NWRSsp.PR> <NWRS.L> on Tuesday announced a 79 percent
jump in the net profit for 2008 due to high coal prices overall,
however the company said the difficult market environment will
lead to a drop in prices this year.
Story: [] Related news: []
CZECH BANKS NET LENDERS -C.BANK: Czech banks are mostly net
lenders to their foreign owners and are therefore not exposed to
disruptions in foreign financing, the central bank said on
Tuesday.
Story: [] Related news: []
CEE RE-START DROP: Hungary's forint led a fall by Central
European currencies on Tuesday as the units gave up some of the
gains posted after Monday's unprecedented joint verbal
intervention by central banks in the region.
Story: [] Related news: []
SHORT CEE FX -SEB: The recent gains in Central European
currencies are a good opportunity to enter short positions on
them, as more weakening is on the cards, Swedish bank SEB said
on Tuesday.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 644.9 644.9 +0.00 n/a
vs Euro <EURCZK=> 28.280 28.265 +0.00 -5.22
vs Dollar <CZK=> 21.983 21.988 +0.00 -13.09
U.S. Equities <> 7,351 7,115 +3.32 -16.24
Pvs close or current levels vs prior domestic close at 1600 GMT
=========================PRESS DIGEST==========================
CEZ TAKING OVER MIBRAG: Power group CEZ <> will
take over a majority stake in German mining group Mitteldeutsche
Braunkohlengesellschaft (MIBRAG), a German paper reported.
Hospodarske Noviny, page 18
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on []
For summary of economic data and forecasts <CZ/ECON01>
For diary of forthcoming Czech events []
For calendar of east European economic indicators []
TOP NEWS -- Emerging markets []
TOP NEWS -- Convergence watch []
For an economic indicator diary for the euro zone, the United
States and other Group of Seven countries see <G7TODAY>
For real-time stock market index quotes click in brackets:
Warsaw WIG20 <> Budapest BUX <> Prague PX <>
News editor of the day: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
E-mail: prague.newsroom@reuters.com
(Compiled by Jason Hovet)
