. >>> and psa peugeot citron is up 4.28% today.could scale back after general motors is posting a 3.7% decline in third quarter revenue. stmicro, down 6.5% after selling off after the chipmaker suffered from weaker demand in asia. speaking earlier today on cnbc's outlook, the group's ceo discussed it. >> no, i can confirm that we are in all the major problems, the smartphone customers in the world. i think bought in america and also in asia. and we see opportunities to pervade more with our new products. but, between, absolutely confirm that we are in in all major projects and with our major customers. >> let's get more from paris. stephane is there. >> hey, ross. obviously, the situation knot positive for st micro. it's no secret the company lost the contract for the iphone 5s. it's a supplier for blackberry. it will probably bear the consequences of the company. yes, ross, the loss was significantly reduced in the third quarter. but it's only because there were lower charges, impairment and restructuring charges in the quarter. b