The FTSE closed at 5838.40 down 93.7 oints The CAC closed at 4983.68 down 55 points The DAX closed at 5640.03 48.26 points Siemens AG and Persimmon Plc showed drops in share value, due to companies that are most vulnerable to loss of earning through economic slowdown. Siemens fell 1.6% to 62.43 and Persimmon declined 4.3% to 1,239. Unilever and Total SA, Europe’s third largest Oil Company, dropped after companies reported earnings that missed analyst’s estimates. The FTSE slid 1.6% paced by HBOS Plc and Land Securities Group Plc. Germany’s DAX Index declined 0.8%, as did the CAC. Taylor Woodrow Plc, Britain’s biggest homebuilder by revenue, slid 3.9% to 336.5 pence. The company said first half profit dropped 4.8% as a switch to smaller, entry level cheaper house prices. HBOS lost 3.1% to 958 pence Land Securities, Europe’s largest real-estate company, slipped 2.7% to 1,921 pence. Unilever declined 5.1% to 18.09 euros in Amsterdam. 2nd quarter earnings lagged behind predictions of 1.01 billion Euros. Total declined 1.2% to 51.8 Euros. Profit increased but fell short of analyst’s estimates of 3.42 billion Euros, as rebel attacks in Nigeria and the seizure of fields in Venezuela and Bolivia curbed production. Technology shares fell the most among EuroStoxx, dropping 1.5%. Losers included Ericssion and Getronics NV. ITV climbed 1.7% to 103.25. Johnston Press Plc Chairman Roger Parry is working on a possible bid for the company, as reported by the Gaurdian. Its share value rose 1.7% to 385.8 pence. GKN Plc, which makes parts for Airbus SAS planes and parts for Ford Motor Co., advanced 6.4% to 279.25 pence. The company reported 1st half profit, more than doubled, helped by a lower tax bill and higher demand for airliner components. Trinity Mirror Plc, added 4.4% to 466.5 pence after the company said it was reviewing it’s business strategy, which may included the selling of assets. To watch For: 06.00 BA release 1st quarter earnings. 07.00 Anglo American Plc earning figures out. 09.30 RBS executives on 1st half earnings. 13.30 Change in US Nonfarm Payrolls and Unemployment Rate out. | 
