Profit taking in the technology sector, and worries about energy costs after OPEC cut its crude oil production target, sent US stocks tumbling Wednesday.

Capital Radio the largest UK radio company, said on Thursday its like-for-like radio revenues were expected to fall four percent in the year to end-September.The firm said although it had seen limited signs of improvement in the media marketplace, it remained cautious, and believed it was too early to say when the UK advertising sector would recover.Pilkington said on its first-half profits would be around 10 percent better than a weak performance in the same period of last year, but that market conditions remained tough. The firm said its main car and construction markets were still weak, but that good progress on new models had helped operating profits at its automative division to rise around 20 percent in the first half.

Enodis food equipment maker said on Thursday that fourth quarter trading had been in line with its expectations and it was making continued progress in reduced net debt.

Canary Wharf Group posted a fall in the net value of its properties Thursday after rents fell and vacancies rose, and gave few details on the battle to take over the firm. The firm said that it saw signs of a recovery in demand for offices, BUT added it was not clear whether it had seen the bottom of the market. The net asset value, a key performance gauge for property companies, fell 34% to 344 pence per share at the end of June, off of 510p. Operating profit before exceptional items, such as costs of group restructuring, rose to 165.2 million pounds from 130.2 million pounds.

United Kingdom Calendar (F)inals (I)nterim	United States  (GMT)	Europe & World (GMT)
Thu 25th Sep Alpha Airports Group (I), Andrews Sykes Group (I), Amstrad (F), Chaucer Holdings (I), Dana Petroleum (I), Maiden Group (I), Ottakar's (I), Parity Group (I), Simon Group (I) London Stock Exchange Trading Statement Pilkington Trading Statement Imperial Tobacco Trading Statement	13.30 August Durable Goods Orders 0.5% exp. 13.30 Initial Jobless Claims (w/e 09/20) 400k exp. 15.00 August New Home Sales 1120k exp. 15.00 August Existing Home Sales 6.05m exp. 15.00 August Help Wanted Index 38.0 exp.	Pernod-Ricard (I), GAP (F), H&M (Q3) 09.00 Sep German IFO Business Climate 91.6 exp.
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