daimler up 3.2% on the fact that the abu dhabi investment in chrysler. that stock apart from that is rambling. when it comes to the vw and porsche story, we could see the investment authority pumping as much as 7 billion worth of euros into it. up 4.8% from a downgrade from ubs. i spoke to the company. it was on the front page of the financial times saying it would book 1.5 billion euros worth of pretax losses for the full year. the company said to me only they have to repeat what they said last time. they do see losses, triple digit. they didn't want to confirm the 1.5 billion figure. that's frankfurt. over to paris now. >> thank you very much. in france, the market is now slightly higher but volumes are extremely low. plenty of people have decided to take a day off this monday. the volumes were quite limited last week. they lost 4.4% over the last five sessions. we are recovering very slightly today. in terms of individual stocks, the carmakers are trading a bit higher despite the announcement from some employees of new fabrice. the company went burpt

daimler, tanking. immune issue re up this morning. daimler up about 0.8%.mmune itch re as well ahead of reports. knf and siemans trading down substantially. continental worsening losses in terms of the share prices down almost 6%. 5.the% to be precise. there's a lot of speculation that in the next couple of weeks, we'll see the ceo changing. the latest we hear out of the business is the ceo will be replaced. they okayed a capital hike of $1.5 billion euros last night. that is frankfurt for you today. over in switzerland and carolin. >> thanks, patricia. we've seen a lot of profit taking this morning. we're down 0.1%. ubs is in focus today again and those shares are lower ahead of some important events today. firstly, our foreign minister will meet her u.s. counterpart, hillary clinton, in washington later on today. but not too much is currently expected out of those talks. because some people say that hillary clinton may not even want to elaborate on the issue of tax disputes too much at this point. the providing judge over the ubs case will have a status c

. >> daimler. what do we think about daimler? >> improvement in operating profit. they put in much better numbers than expected. recovery in demand. these guys are getting a huge benefit from cash for clunkers which started. >> that was a pop 3%. by the way, mooney's drops 8%. >> really? i think it should drop a lot more than 8%. >> i think there is a lot of agreement on that one. where were they when the hurricanes were coming down? royal caribbean cruises, it's a drop. 15%. guys? >> second quarter loss of 16 cents. street was looking for a loss of 6 cents. should be no surprise here, this stock got popular around $17 a couple times. double top there. i think it goes a lot lower here, probably $11. >> dad, if you're watching, i'm telling you what, just pretend none of this is coming out of my mouth, but it is chicago. apart from the white sox you have to like the chicago teams. but i come from a long line of cubs fans. pitcher mark buehrhle, wrote just last week completed a perfect game. would have been a lot more perfect eight miles north. another record yesterda

daimler motors is one stock in focus. friday, we saw an 8% run-up in the stock. % we will be seeing stand-alone numbers come out. we're expecting 63% on the profit. that is looking extremely edgy on trade. all eyes on the federal reserve bank of india. 80% of the analysts are expecting a status quo policy. that is they will leave the rates unchanged it time around is what the street is really begging it to be at. with that, it's back do you have. >> thank you for that. >>> in other stories, china's first ipo in a year skyrocketed in shanghai. sichuan expressway's trading was suspended for the second time. investors were drawn in by the company's small growth prospects. the stock's performance boasts well for other chinese listings. that includes the biggest ipo this year, which is widely expected to kick off trade on wednesday. >>> still in china, the world's number three aluminum producer, chalco, warned of a loss in 2009, because of low aluminum demand and prices. it posted a profit of $352.8 million in the first half o

. >> daimler. >> improvement in operating profit. they put in much better numbers than expected. these guys are getting a huge benefit from cash for clunkers which started. >> that was a pop 3%. mooney's drops 8%. >> really? i think it should drop a lot more than 8%. >> i think there is a lot of agreement on that one. royal caribbean cruises a drop, 15%. >> second quarter loss of 16 cents. should be no surprise here, this stock got popular around $17 a couple time. i think it goes a lot lower here, probably $11. >> dad, if you're watching, i'm telling you what, just pretend none of this is coming out of my mouth, but it is chicago. you have to like the chicago teams but i come from a long line of cubs fans. pitcher mark buehrhle. absolutely amazing. >> that is a very difficult record. one of the best in sports. >> go sox! i gotta love those sox. >> lots more "fast money" coming up. oof! i hope he has that insurance. aflac! you really need it these days. how come? well if you're hurt and can't work it pays you cash... yeah to help with everyday bills like gas, the mortgage... ...a

san know fia venttis will be out an auto trio, we'll hear from honda, daimler and nissan. ars lore mittal will be out. today's results from u.s. steel not looking great. they're slowing demand, lower prices the story there. lastly, general dynamics, the military combat provider, it's going to be interesting to get their outlook given the fact that this administration has taken a somewhat new approach to defense, and that's going to be a curiosity when they tell us what they see as far as what revenues are in their pipeline. >> thanks so much. meanwhile, the other big story this beck, the u.s. and china finishing up the second day of the strategic and economic dialogue 0. up next, city securities international partner donald tang is with me live from beijing on what the talks mean for u.s./china relations. he's coming up. finally, good news for people with type 2 diabetes or at risk for diabetes. introducing new nutrisystem d, the clinically tested program for losing weight and reducing blood sugar. hi i'm mike, and i lost 100 pounds on nutrisystem d when i was first diagno

ksn and daimler we heard from yesterday. volkswagen coming through with their second quarter numbers, it seems despite the fact that they're saying there's not much business to be done for the year, it's up about 3.6% for that stock. also e.on and some of the insurers doing very well, indeed. >> at the moment, the midcap is the only one down in negative territory, down about 0.3%. tech stocks just holding above the bottom line. now over to lei. >> thanks, patricia. the chinese market had a calmer session. in fact, a lot of sea sawing trade. but a strong showing by financials stabilized sentiment. other gainers included telecom examine commodity stocks helping the shanghai composite end higher. now, recent ipos rallied. citron expressway gained 5.8%. it tripled on monday and today it's back on the rise. china state construction, which some say is the catalyst for yesterday's sell-off added on to yesterday's gain. banking stocks led the gains after yesterday's comments by a central bank governor saying it would not butt the on

m.a.a.,, daimler, bmw, so the carmakers being s shied to the upside.ourse,ur mamacrconomic data. on the one hhapnened, we have a better th expected t tra surplus as welell e e ports an imports. dot fall as s chch a expected. on the other hhan we haveve gegerm i infential imkxpxpting germany to contracac in terms p by about 5%. that is d doue initial estimates of 2. of conontrt t yop. ththeyay that the world economy is in a a free fall. germany beiei ve export dendndenwill suffer because ofof th e en more a unemployment is to rise a abo8.4% in 2009. and that also won't't bode well r r 010. domestic demand is a w wea ththouttn the g gern economy. miapap and ssese holdiding nicecelyititthe midcap up more than 2%. >>>>> small recoveryy paris, patricia. e cac 40 is dowown 2.5%ver the last five sessions. we have significant movers today ararng with alcatel lucent, titi thehe bestt p perrmrm afte thcompany got a contractctn n thailand. alcatel-luluce h hn't given any detailils ouout e deal, but the stock is up almost 5%.%. e maker starteded negotiations th it

bmw and daimler, up about 2.5%. we expect revenues to have dropped by about 20%. kns and s.a.p. up about 1.7%. s.a.p. coming through with their own set of figures. the market is taking it positively that they raised their margin guidance. deutsche bores borse, down about 1.5%. there's a lot of momentum there, as well. over to warsaw now. >> thanks, patricia. here in warsaw, the blue chip 120 index is near its session highs. banks pushing ahead to this gain, but we have some numbers from some of the larger publish corporates. the telecom operator, net profit ahead of analyst expectations, so positive news there. but apart the from that, a very negative outlook for the telecom market in 2009 and 2010 and the polish economy, no dividend and no buyback of shares which was expected by the market. so tpsa coming down by 1. 5% at the moment and it was earlier losing some 3%. and in the day ahead of this important monetary decision, the mpc is expected to leave the rates unchanged at 3.5%. the real interest rates are actually closer to zero since the cpi in june was 375%. it has enjoyed

dime le daimler coming through with their numbers this week. down 1.76%. deutsche borse down 0.89.nother thing i want to mention, dow jones reporting on sources with regard to magna and opel, the latest on the story is that magna is willing to pay about 350 million euros worth in cash, issuing about 150 million euros of convertible bonds. over to christine. >> patricia, asian stocks holding ton ton to ten month hi. in japan, stocks ended a nine-day winning streak. the nikkei closing flat, 10,087. in shanghai, investors are gearing up for tomorrow's big ipo, the world's largest in a year from china state construction. that is a company to watch tomorrow. the composite edge moving up 0.1%. in hong kong, property stocks pushing this market to its highest close since september. the hang seng up 1.84%. in south korea, choppy session, but gain hunters snapping up banks. finally in australia, stocks rose to the highest levels since early november supported by improving sentiment towards the economy. the s&p 500 up. on that note, over to you, bertha. >> the big thing today in the u.s. that

bmw, they're still talking about cooperation with something, possibly with daimler, but this is all very hazy. in the metro s.a.p., you see some profit taking. we still play the auto story. we still play porsche and volkswagen on thursday to see who is going to take over whom and who is goes to take a leave. beyond the dax, the opel/gm story is still interesting. stephane, what's up in paris? >> renault is one of the top gauners on the cac 40 this morning. posting to the net plus of 365 million euros for the first half of this year, reported a 33% decline for its revenue for this period. in a statement, the kre o of the company claims it has good chrisbility for the third quarter, but still expects a lower level of activity for the fourth quarter of this year. renault and peugeot with higher. an interesting session today for the chipmaker, st microis one of the best performers on the back of the numbers from texas instrument. they posted a 27% decline of its sales in the second quarter. the company still doesn't want to make any forecast for the full year because of the lack of visibili

companies such as k plus s, daimler and thyssenkrupp, they are leading the gainers here today merck is down by almost 12%. it's not so much the disappointing figures for the second quarter. it's the intention to be sold in the europe union. now we are crossing to france. >> and it's the first time in more than 10 years that we have seen such a situation on the french market. it's the 10th positive session in a row for the cac 40. we have the media and communication group lagadair safe for the first half of the year, but that was in line with expectations. also leading the french market today after the french company missed expectations in the first half of the year with an 88% decline of its net profit. but the company has decided to step up its cost savings plan from 600 to 1.1 billion euros. and that is the reason why the stock is trading much higher today. the company posted a 20% decline of sales in the first quarter of the fiscal year. air france klm, down by 1.9%. now for a look at the asian markets with christine in singapore. >> hi, stephane. thanks for that. asian markets are

a about 0.9% right n on deutsche bores, comommerzban and then thr of indidual car stocks, bmwmw, daimler and m.a.. bmw is talalking aut theecond half of 2009 looking better. but real pickup in 2010 esespeciallyue to a cple of ne mols. volkswagen, other r than, losi out a little bit ununderperfoing. but thee bigst movers tododay amongst thee sller stocks. what we have is sales dn about 11%. it is the wororldwide larger produc of s solar pane. they came bluntly through with a profit warnings warnrning fothe secondnd quarter. ththat disappopointed e mart. ststocks, onhe other hand, down about 7 after the bid on t the table forr ids shares at a prium of about who%. we were talkiking about -- i wa talking about analystcomments about this pararticular deal some may say,y, o okay, therices a lilittle steep. ids shares has ge through a restructcturing. the shares arere rallying. there were quite a few downades coming throrough from the analysts. at the moment,, softwarare is d but ids s shares upbout 39%. that's frankrt.. overer to ris.s. >>>> thank y very much, patricia. 32million euros havave

daimler up about 4% and m.a.n. up about 3.4% on the word that they are restructuring and we might soon see a deal between m.a.n. and scannon. >>> alcatel lucent is driving the market higher on the back of merrill lynch which raised its recommendation from under3r6r78 to buy. the tech sector is in good shape today on the back of the announcement from asm in the united states. a supplier of silicone and microis up nearly 7% right now. we've got some social news. the french employees of nortel are threatening to blow up their factory outside paris after the company went bankrupt on may 28th and announced 683 job cuts. they are protesting against the lack of dialogue with the administrator of the company. employees said some gas cylinders to run the company and threatened that the rally could get out of control. we had a similar case of another rally. now to saijal for a quick view on the asian markets. hi, stephane. it was a positive picture here. the kospi in south korea, up 6.2%. that's because we saw a strong rally