Tuesday, July 29, 2014

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U.S. Retail surprisingly dropped ... daily digest Markets, data, results - Patria.cz
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Sale on NWR, two days degree wrote 56%! (Comment + analyst price target)
PepsiCo Inc. announced its results for 2Q14; Pepsi Exceeds Expectations
Week sales on Wall Street, S & P 500 and Nasdaq -3%
European stocks were weaker after the beginning of the day irrelevant afternoon and then headed down the same direction shall be issued and major U.S. indices. Data from overseas was mixed: Retail sales fell surprisingly, while the index of industrial activity in New York improved more than expected. Entered the game also reduce the growth forecasts of the IMF and ultimately outweighed negative messages. Spanish total revenues increased significantly. The euro began before noon weaken faster, but then returned and the dollar is slightly stronger than in the morning. PSE declined slightly for mixed development of major titles. The main burden was KB, which lagged morning property consulting group position and finally politely declined. Despite losing two percent also smaller titles CETV and Orco.

-0.2%
PX
-0.1%
Highlights: CR: Charge mining companies from the mineral extracted is likely to increase, the change will bring major amendment to the Mining Act, introduced to Martin Kuba, Minister of Industry property consulting group and Trade. Major amendment to the Mining Act by the Minister should be submitted in August or September. The Minister of Cuba, among others, matters that the percentage contributions from adjusted revenues from coal sales are too low. So far, the calculation of the fee using 1.5% for coal and 0.5% for coal. Any change in the parameters of reimbursement would be particularly concerned NWR, but i CEZ. Lower debt and better margins are the largest Polish oil company and owner of the domestic Unipetrol, PKN Orlen, enabling an early return to the dividend payment. In the Czech Republic, where a subsidiary Unipetrol property consulting group recently decided to close the refinery Paramo, in the words of CFO group is facing pressure from a weakening economy and also expensive logistics in terms of oil supplies through the state rate. Figures published by the Czech National Bank show that the share of problem loans in the total volume of bank lending in the Czech Republic to the end of May increased slightly to 5.93%. The volume of so-called property consulting group non-performing loans has increased to 138.2 billion crowns. For households, the share of loans in default at the end of May rose to 5.17% from 5.07%. For non-financial firms while the share of problem loans during May fell to 7.86%, the lowest level since November 2009. Friday's property consulting group general meeting of holders of convertible bonds developer Orco not find the necessary support property consulting group for accelerating the exchange of shares of Orco, the second phase of the conversion remains in force as planned on September 28. Orco is now down 2.2% moved to a new historical minimum. Telefónica CR today announced that it has rejected a request GTS and Quadruple who wanted to use the network as a mo

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