**This is a preview of the equity sheet sent out to Ransquawk clients on a daily basis** ASIA The Nikkei fell 0.5%, extending its losing streak into an eighth straight session, as energy-related stocks dropped on lower oil prices (RTRS) U.S. Major averages in the U.S. finished lower on Monday in a late-day sell-off, despite a rebound in financials and retailers. The positive tone for financials was set during the European morning after the U.K.'s Daily Telegraph reported over the weekend that Barclays will give detailed financial information about the performance of its investment banking unit in order to quell write-down rumors. Shares of Barclayâs gained more than 8% on the day after falling 9% on Friday. Also positive for the financial sector was an article in Barronâs over the weekend on Citigroup (+1.4% to $33.57), saying that shares are a now a bargain to long-term investors. Retailers generally rose on the session ahead of Wal-Mart's (+1% to $43.43) and Home Depotâs (+1.46% to $28.46) Q3 earnings reports tomorrow and U.S. retail sales data for Oct. on Wednesday. Weighing on the indices was weakness in energy and technology. Energy stocks finished sharply lower amid a $2.00 decline in WTI on news that OPEC may consider an output hike at its summit this weekend and on comments by the head of U.S. Central Command, Fallow, who told the FT that a U.S. attack on Iran is not in the offering. Technology shares extended their weakness from last week after disappointing results from Cisco (+1.85% to $29.11) and Qualcomm (-2.13% to $37.29). Shares of Apple led decliners in the Nasdaq 100, falling 7% after dropping below its 50 day moving average. The DJI fell 55 pts (-0.42%) to $12,987. The Nasdaq 100 Index tumbled 52.14 pts (-2.56%) to $1982.16 and the S&P 500 Index declined 14.52 pts (-1.0%) to 1439.18. Adobe Systems - The company named Shantanu Narayen CEO, replacing Bruce Chizen. The company guided Q4 revenues near the high end of targeted range between USD 860 - USD 890M versus consensus of USD 882.9M. FTSE Sage of Morgan Stanley predicts it's time to ditch equities for cash (FT) The MS equities strategist who has twice in five months correctly called turns in the stock market yesterday dropped his bullish message, saying that the growing credit crunch could lead to a recession. Barclays - The bank is understood to be planning to issue a trading update next week, in-line with various weekend press coverage. (Times) Vodafone - H1 revenue up 9% to GBP 17bln vs Exp. GBP 16.85bln, H1 adjusted EPS up 6.42p vs Exp. 5.54p, 1H EBITDA GBP 6.565bln vs Exp. GBP 6.4bln. The company increased it revenue outlook which is now expected in the range of GBP 34.5bln - GBP 35.1bln. Adjusted operating profit and free cash flow for 2008 were also increased with interim dividend per share up 6%. (RTRS)** Cable & Wireless - 1H revenue GBP 1.56bln vs Exp. GBP 1.6bln, 1H net GBP 104mln vs Exp. GBP 50mln. (RTRS)** British Energy - 1H adjusted EBITDA GBP 511mln vs Exp. GBP 531mln. (RTRS)** Companies paying dividend today: Centrica (0.03350 GBP) DAX Infineon - Global semiconductor sales this year and in 2008 eill probably increase more than previously forecast, according to industry association WSTS. (RTRS) CAC EADS - Qatar's USD 60bln sovereign wealth fund is still in talks to invest in EADS, more than seven months after saying it could buy as much as 10% of Airbus' parent. (Dubai Emirates) EUROSTOXX Fortis - The company will book a gain of EUR 950mln on the sale of its stake in Spanish j/v CaiFor to la Caixa. (RTRS) SMI Roche - CEO says optimistic about cholesterol drug despite failure of similar Pfizer product. Drug could post annual sales beyond $3bn-$4bn. The CEO confirmed the company's full-year outlook. He also said that Roche has potential alternative acquisition targets if Ventana bid falls through. Also, the CEO of Ventana said it has no issue with Roche and would take about an offer significantly higher than $75 a share. (RTRS) Avastin and Tarceva trial does not meet primary endpoint, according to the Dow Jones newswire. BROKER UPGRADES/DOWNGRADES EUROPEAN BANKS STOCKS: CUT TO `CAUTIOUS' VIEW AT MORGAN STANLEY NESTLE: GOLDMAN SACHS ADDS TO PAN-EUROPE CONVICTION BUY LIST POSTBANK: MERRILL LYNCH UPGRADES TO BUY FROM NEUTRAL VOLKSWAGEN: PRICE EST. RAISED TO EU185 VS EU115 AT LEHMAN FORTIS: MERRILL LYNCH UPGRADES TO BUY FROM NEUTRAL The above commentary was provided by Real-time Analysis & News (R.A.N) Ltd (known to traders as âRansquawkâ) operates from 0630GMT until 2200GMT to incorporate full coverage of the US bond and equity futures markets. Currently R.A.N covers Bond, STIR and Index futures in the US, UK and Eurozone as well as NYMEX crude and Gold. Furthermore, R.A.N has a stand alone Forex service (Ransquawk FX) which covers all the major currency pairs. Coverage is based around the economic calendar for that day but the product finds its value looking at flows, rumours and breaking news and then deliver that information to the customer via an internet âsquawk-boxâ. For more information and a 1-week free trial please email us at info@ransquawk.com