US MArket closed lower While Treasuries slump, US opened lower but traded higher all day even if still closing negative, Energy was underpressure because of crude oil which slid 1.3% to $93.40...volume were just above average @ 741mil. Shares traded...VIX Up 2.6% to 13.27...Tesla shares crash by over 10% in extended session as Q3 shipments of 5.5K and Q4 forecast for under 6K disappoint lofty valuation...Shares of Toyota bouncing back in afternoon session ahead of the official release of Q2 numbers; press speculates TM will raise its FY13/14 op profit guidance to ¥2.2T from ¥1.94T prior forecast...BOJ Oct 3rd meeting minutes see economic recovery on track; Expecting inflation to rise gradually; Board members concerned with risks related to uncertainty over US monetary policy...China money market rates ease to 2-week lows but data shows that China exports struggle...Nikkei + 0.80% Shnaghai -0.80%
Eur$ 1.3501 S&P Fut +0.41% European Fut +.50%
Keep an eye on : - ADEN VX : Adecco 3Q Net Income Up 61%; Sees Increasing Demand in Europe - AGS BB : Ageas 3Q Insurance Profit Rises 14% to EU168.3m on Life Margin - ALGETA NO : Algeta 3Q Oper. Revenue NOK55m Vs Est. NOK47m - ALO FP : Alstom 1H Operating Profit EU695m vs Analyst Estimate EU664m, seek to raise €1b to €2b in asset sales - ANDR AV : Andritz 3Q Net Income Drops, Confirms Full-Year Forecast - AKSO NO : Aker Solutions 3Q EPS NOK1.42 Misses Est.; Ebitda Margin Falls - SPR GY : Axel Springer 3Q Rev. Beats Est.; Sees Drop in 2013 EPS - BNR GY : Brenntag 3Q Rev. Misses Est, Trims 2013 Profit Forecast Range - BVI FP : Bureau Veritas Chairman Piedelievre Quits, Replaced by Lemoine - CRDA LN : Croda Willing to Consider Larger Acquisitions, CTO Layden Says - ANN GY : Deutsche Annington Confirms Forecast, Sees FFO 1 at Upper End - DUE GY : Duerr 3Q Net Income Beats Estimates, Confirms Full-Year Forecast - ELE SM : Endesa 3Q Profit Falls 15.3% to EU437m - FRA GY : Fraport 3Q Net Income Falls, Sales Miss Estimates - FNTN GY : Freenet 3Q Net Ebitda EU92.6m vs Est. EU90.8m - INGA NA : ING 3Q Underlying Profit EU891m, Est. EU899m - IPN FP : Ipsen Begins Buyback to Partially Cover Restricted Share Plans - JUN3 GY : Jungheinrich 3Q Sales, Ebit Miss; Confirms 2013 Targets - KCO GY : Kloeckner 3Q Ebitda Rises to EU36m vs EU18m y/y; Beats Estimates - KU2 GY : Kuka 3Q Sales, Net Income Fall; Confirms Full-Year Forecast - LG FP : Lafarge 3Q Sales Fall on FX; Confirms FY Cement Growth Target - LUPE SS : Lundin Petroleum 3Q Net $1.7m; Takes $39.3m Non-Cash Impairment - LUN DC : Lundbeck 3Q Net DKK267m; Raises Lower End of 2013 Ebit Forecast - MC FP : LVMH's TAG Heuer to Make 100,000 Movements by 2016, Temps Says - NOEJ GY : Norma 3Q Sales Miss Est., Confirms 2013 Outlook - ORP FP : Orpea Predicts Profitable Growth in 2014 as Quarterly Sales Rise - P IM : Pirelli Cuts 2013 Ebit Target for 2nd Time, 3Q Rev. In Line - RAA GY : Rational 3Q Ebit Beats Estimates, Sees 27% FY Margin - SKB GR : Koenig & Bauer Lowers 2013 Sales, Earnings Targets - RIN FP : Vilmorin 1Q Rev. EU198.6m vs EU187.3m Y/y - RWE GY : speculation that the firm could cut up to 3,500jobs at power plant - VIMP RU : VimpelCom 3Q Ebitda Falls 2% Y/y on Weaker Ruble, Regulation - VOE AV : Voestalpine 1H Profit Falls, Confirms Forecast - VPK NA : Vopak 3Q Operating Profit Ex-Items Falls 9% to EU132m