disappointments. facebook sets the wheels in motion filing for a $5 billion ipo and giving the public a first glance at how it makes money from friend requests and the like button. okay. so welcome to the program. today we re going to focus right off the top on earnings and m&a activity. europe is one hour into the trading day. advances equaling decliners on the dow jones stoxx 600. it s about the detail of the earnings and the m&a news. we ll be digging into deutsche bank. cac is down. bond auction out of france today. ftse mib down 58 points as well. in terms of sector performance right now that xstrata/glencore boosting their stock. chemicals, financial services are firm here. we have seen disappointment from the licks of unilever, the trend seems to be weakening. we ll hear from paulman as well l. shell is weaker. that s dragging oil and gas down. here is the key thing as well. auctions not only from france but spain today so we ll keep our eyes on ten-year government