LONDON (ShareCast) - European equity markets are seeking direction, as attention remains focused on the bond markets, where yields of Spanish, French and Italian debt have come off the boil.

The CAC in Paris is up 3 at 3,052 but the DAX is 31 points lower at 5,902.

Media group Vivendi was on song in the third quarter, producing profits that topped market expectations. Underlying profit of €685m was comfortably ahead of market projections of €555m, on sales that eased 1.6% to €6.78bn.

in contrast, French telecoms and construction firm Bouygues is a drag on the CAC index after a negative reaction to its nine-month results. The company posted a 14% drop in net income to €794m versus last year.

German computer chip-maker Infineon is taking a battering after it warned that full-year sales will be down by a "mid-single digit percentage" from last year.

CAC 40 - Risers
Vivendi (VIV) € 16.10 +4.04%
Vinci (DG) € 32.67 +2.35%
Sanofi (SAN) € 49.97 +1.12%
Natixis SA (KN) € 2.04 +1.09%
France Telecom (FTE) € 12.58 +0.96%
LVMH (MC) € 114.80 +0.70%
Total (FP) € 37.41 +0.65%
Publicis Groupe Sa (PUB) € 34.54 +0.63%
Accor (AC) € 20.25 +0.60%
Unibail-Rodamco (UL) € 131.55 +0.42%

CAC 40 - Fallers
EDF (EDF) € 19.83 -4.36%
Bouygues (EN) € 23.72 -1.84%
Michelin (ML) € 46.79 -1.56%
Lafarge (LG) € 26.00 -1.50%
Peugeot (UG) € 13.19 -1.05%
ST Microelectronics (STM) € 5.20 -0.88%
Cap Gemini (CAP) € 27.52 -0.86%
Technip (TEC) € 66.92 -0.86%
GDF Suez (GSZ) € 19.57 -0.74%
Alcatel-Lucent (ALU) € 1.43 -0.70%

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