European Factors to Watch-Shares seen steady, focus on earnings
(Adds futures prices, company news)
LONDON, March 1 (Reuters) - European shares headed for a steady open on Tuesday after gains in the previous session, with downbeat Chinese manufacturing data raising expectations of some further stimulus measures in the country.
Activity in China's manufacturing sector shrank more sharply than expected in February, prompting smaller companies to shed workers at the fastest pace in seven years.
Futures for the Euro STOXX 50, Germany's DAX , France's CAC and Britain's FTSE were flat to 0.3 percent lower.
The pan-European FTSEurofirst 300 index ended 0.7 percent higher in the previous session, but registered its third straight month of losses due to investor concerns over the global growth outlook.
The bank reported a 2 percent fall in full-year adjusted pre-tax profit and unveiled plans to simplify its UK & international operations to boost returns and cut costs, primarily by exiting its historic African business. Continuación...