In Brief: ComputerLand; Softbank; Moody ratings; Pekao; Strzelec

In his report of Nov. 5, Sobieslaw Pajak from CDM Pekao changed his recommendation for ComputerLand from "neutral" to "below market". (Parkiet, p. 4) ... Yesterday, the value of Softbank shares fell by 10%. This was the worst result the company has recorded so far. Company representatives were unable to explain the reasons for such a result. (Parkiet, p. 3) ... Moody's Agency has increased Poland's credit rating from Baa1 to A2. The risk of investing in the national debt has diminished because of the prospective membership in the EU. (Rzeczpospolita, B10) ... Bank Pekao S.A. announced on Tuesday that its third-quarter consolidated net profit fell 24% to zl. 273 million ($69.8 million) amid a prolonged industry slump. (Reuters) ... Strzelec brewery announced that it has delayed, by a week, the subscription deadline for the sale of 10 to 15 million of its F-series shares until Nov. 21 and 22. (Parkiet, p. 4) K.Z.