Europe shares dip, Nokia sinks as margin targets disappoint
* FTSEurofirst 300 down 0.4 pct, erases Thursday's gains
* Oil majors, miners fall as metals drop, Brent still at $78
* Nokia tumbles as margin target update disappoints
* Tensions between Russia, West also rattle investors
Prep Blaise Robinson
LONDON, Nov 14 (Reuters) - European stocks fell on Friday, erasing the previous session's meagre gains, with resource-related shares extending their recent slump sparked by a drop in commodity prices.
Telecom gear maker Nokia featured among the big losers, down 5.6 percent. Traders cited disappointment with the group's updated profit margin targets.
Renewed worries about tensions between the West and Russia over turmoil in eastern Ukraine also rattled investors after Sweden said on Friday it had proof that a small submarine was operating illegally in its waters last month.
The nationality of the craft was not identified, but the incident, which triggered the country's biggest military mobilisation since the Cold War, underlined tensions in a region increasingly worried about Russian assertiveness. Continuación...