COMPANIES

SOCIETE GENERALE

Societe Generale Q3 net profit down 83.7 percent to 183 million euros and

Q3 revenues down 5 percent to 5.108 billion euros. The group said it is financially strong enough to withstand difficult market environment.

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RENAULT

Renault said it expected Nissan's fiscal second-quarter earnings to lead to a contribution of 189 million euros to Renault's second-half net profit.

UBS

The Swiss government's bailout package for troubled bank UBS is showing effects, Swiss National Bank Chairman Jean-Pierre Roth said in a newspaper interview published on Saturday.

Swiss National Bank Vice-Chairman Philipp Hildebrand called on state controlled Swiss banks to refrain from hunting for UBS clients at a time when the country's largest bank was getting government support.

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DEUTSCHE BANK

Germany's largest bank will not tap into a rescue fund launched by the German government to help banks hit by the global financial crisis, its chief executive said on Sunday.

VOLKSWAGEN

Ordinary shares in the world's third-largest carmaker could be expelled from the DAX index as early next Thursday, the Frankfurt stock exchange operator said on Friday.

Separately, VW plans to produce virtually all the components for motors used in hybrid and electric vehicles on its own unlike competitors who rely on suppliers, German magazine auto motor und sport reported. The magazine said, citing company sources, Volkswagen wants to invest 3.2 billion euros in the coming five years into new component production sites.

DAIMLER

The head of Daimler Trucks, the world's largest commercial vehicles maker, expects the market to remain flat in 2010 after what could very well be a decline of 15-25 percent come next year, Andreas Renschler told Euro am Sonntag.

SANTANDER

The Spanish bank could be interested in buying into Italy's Banca Monte dei Paschi di Siena, but Santander declines comment and Monte dei Paschi's key shareholders such as Fondazione Monte dei Paschi reject the idea, according to Italian newspaper Il Sole 24 Ore.

TELEFONICA

Spain's Telefonica SA said on Sunday it has secured control of 96.75 percent of its Chilean unit Telefonica Chile after a buyout offer to shareholders aimed at gaining sole control of its affiliate

LLOYDS TSB, HBOS

Lloyds, the bank which has agreed to take over HBOS, could face competition from the founder of HBOS's Internet banking unit who is working on a rival bid, Sunday Times newspaper reported.

HSBC

Banking conditions are stabilising but credit will remain tight for some time and there may yet be more shocks to the financial system, a top executive at HSBC told Reuters on Sunday.

BT GROUP

BT plans to make large-scale reforms to its 35 billion pounds ($56.95 billion) pension scheme following last week's shock profit warning, the Sunday Times newspaper reported.

RIO TINTO, BHP BILLITON

Rio Tinto sees most of its projects in a strong position to weather any economic scenario, with its new ilmenite project on track to produce in 2008, it said on Sunday.

Separately, the Sunday Times said European regulators could threaten to stop the proposed takeover of Rio by BHP Billiton because of the dominance the pair have over the world's iron ore supply.

ENI

The oil major posted forecast-beating quarterly adjusted net profit and hydrocarbon output and said it would aim to keep 2009-2012 capital spending at 50 billion euros ($63.89 billion) despite a sharp drop in oil prices.

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ITALIAN BANKS

A group of Italian banks will assume more than 1.5 billion euros of debt that the holding company of financier Romain Zaleski owed to Royal Bank of Scotland and BNP Paribas, Il Sole 24 Ore said on Sunday, citing banking sources.

A definitive agreement is expected in a couple of weeks. The group includes UniCredit, Intesa Sanpaolo, Monte dei Paschi di Siena, UBI and Banca Popolare di Milano.

(Reporting by Joanne Frearson)

(joanne.frearson@reuters.com; +44 207 542 6437, Reuters Messaging:joanne.frearson.thomsonreuters.com@reuters.net) Keywords: MARKETS EUROPE FACTORS

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