In the UK the FTSE 100 Index has declined 12 points to 5320.40 this morning, led by Amvescap.
The fund manager has retreated as much as 34.5p or 8% to 381.5p, after Canada based mutual-fund company, CI Fund Management retracted its plans for a hostile takeover bid.
Royal Bank of Scotland Group is also 40p lower to 1663p, despite a 10% or £2.53bn increase in first-half earnings.
Barclays is also trading 5p lower to 557p.
Imperial Chemical Industries meanwhile leads gainers, adding 11.5p to 281.75p, after reporting a second-quarter net income of £110m, well above analysts estimates.
Unilever has also profited 18p to 569p.
In Tokyo the Nikkei 225 Stock Average shed 0.8% to 11,883.31 at its close early this morning, led by Toyota.
The car manufacturer lost 0.7% to 4,250 yen, after posting its second consecutive quarterly profit retreat on the back of increased spending on research and building factories.
Honda Motor also shed 1.5% to 5,810 yen, along with Nissan down 0.8%to 1,167 yen.
Trend Micro, an antivirus software maker, declined 4.1% to 3,710 yen, after a 10% decline in net income for the three months ending September.
Digital camera maker, Konica Minolta Holdings however, climbed 6.6% to 1,062 yen, after posting an increase in first-quarter profit on a narrower loss at its photographic unit. The company also picked up a stock rating from to ‘neutral’ from ‘sell’.
In the US the Dow Jones profited about 14 points to 10697.59 at its close late last night, led by computer stocks including Microsoft.
The computer giant added $0.44 to $27.25, after analysts predicted an increase in its divedend.
Hewlett-Packard advanced $0.29 to $24.61, along with IBM up $0.75 to $84.06.
On the losing end Exxon Mobil shed $0.81 to $59.IFAonline
What made financial headlines over the weekend?
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch