Europe Factors-Shares seen edging higher, tracking Asia

 (Updates with futures, companies, snapshot table)
 LONDON, March 29 (Reuters) - European shares were set to edge higher on
Tuesday as Japanese shares recovered some of the earlier session losses, though
gains could be limited after Wall Street fell overnight on corporate earnings
worries.
 At 0643 GMT, futures for the Euro STOXX 50 (STXEc1: Quote, Profile, Research), Germany's DAX (FDXc1: Quote, Profile, Research)
and France's CAC 40 (FCEc1: Quote, Profile, Research) were up 0.1 to 0.2 percent.
 European shares are likely to be benefited by a recovery in the Japanese
market after the Nikkei (.N225: Quote, Profile, Research) ended off earlier session lows as futures buying
overshadowed worries about the impact Japan's earthquake and tsunami would have
on company earnings.
 However, investors are expected to stay cautious after Wall Street fell
overnight as hotel operator Marriott (MAR.N: Quote, Profile, Research) said an important financial measure
would be at the low end of its previous outlook, while Halliburton Co (HAL.N: Quote, Profile, Research),
the world's No. 2 oilfield services, said after the bell first-quarter earnings
would be cut.
 "European equity markets are set to edge lower at the open as U.S. markets
dived just before the close," Jonathan Sudaria, night dealer at Capital Spreads.
 Later in the session, investors will watch the final reading of UK GDP at
0830 GMT, with the year-on-year forecast expected to be unchanged at 1.5
percent.
 Mining stocks might be a focus after Rio Tinto (RIO.L: Quote, Profile, Research) cut the acceptance
condition on its offer for Riversdale Mining (RIV.AX: Quote, Profile, Research).
 On Monday, the pan-European FTSEurofirst 300 index (.FTEU3: Quote, Profile, Research) edged higher
supported by technology stocks boosted by a broker rating.
 Analysts said the Euro STOXX 50 (.STOXX50E: Quote, Profile, Research), the euro zone's blue-chip
index, was in a consolidation phase, hovering around key resistance levels, the
38.2 percent Fibonacci retracement of a low in November to a high in February.
 
 ----------------------MARKET SNAPSHOT AT  0629 GMT----------------------  
                                       LAST        PCT CHG        NET CHG 
S&P 500                  (.SPX: Quote, Profile, Research)       1,310.19        -0.27 %          -3.61 
NIKKEI                  (.N225: Quote, Profile, Research)       9,459.08        -0.21 %         -19.45 
MSCI ASIA EX-JP (.MIASJ0000PUS: Quote, Profile, Research)         559.70         0.47 %           2.62 
EUR/USD                  (EUR=: Quote, Profile, Research)         1.4119         0.29 %         0.0041 
USD/JPY                  (JPY=: Quote, Profile, Research)          81.63        -0.12 %        -0.1000 
10-YR US TSY YLD    (US10YT=RR: Quote, Profile, Research)          3.446           --             0.01 
10-YR BUND YLD      (EU10YT=RR: Quote, Profile, Research)          3.292           --             0.01 
SPOT GOLD                (XAU=: Quote, Profile, Research)      $1,420.10         0.04 %          $0.60 
US CRUDE                 (CLc1: Quote, Profile, Research)        $103.91        -0.07 %          -0.07 
 
 * GLOBAL-Stocks rebound on bargain-hunting, euro steadies [ID:nL3E7ET0MG]
 * Wall St falls on earnings worry, volume lowest in 2011     [ID:nN28218932]
 * TREASURIES-Two-year notes risk higher yields on payrolls   [ID:nLDE72S017]
 * FOREX-Safe-haven flows push up yen, euro stabilises        [ID:nL3E7ET05J]
 * Gold steadies as policy change eyed; ETF holdings fall     [ID:nL3E7ET053]
 * Copper steady; firm euro supports, China buyers absent     [ID:nL3E7ET09C]
 * Brent falls as Libyan rebels advance; heads towards $114   [ID:nL3E7ET0E4]
 
 COMPANIES
 
 RIO TINTO (RIO.L: Quote, Profile, Research)
 Global miner Rio Tinto lowered the acceptance condition on its offer for
Riversdale Mining (RIV.AX: Quote, Profile, Research) on Tuesday after entering into talks with Brazil's
CSN (CSNA3.SA: Quote, Profile, Research), a major Riversdale shareholder. [ID:nS9E7E801A]
 
 KAZAKHMYS (KAZ.L: Quote, Profile, Research)
 Kazakhmys, the world's 10th largest copper miner, said full-year profit
jumped 74 percent, boosted by higher metal prices. [ID:nLDE72S098]
 
 DEUTSCHE TELEKOM (DTEGn.DE: Quote, Profile, Research)
 Sprint Nextel (S.N: Quote, Profile, Research) urged regulators to block AT&T Inc's (T.N: Quote, Profile, Research) $39 billion
bid to buy Deutsche Telekom's T-Mobile USA, saying the merger would harm
consumers. [ID:nN28208240]
 
 WOLSELEY (WOS.L: Quote, Profile, Research)
 * Revenue increased by 5 percent on a like-for-like basis 
 * Gross margin was 0.2 percent higher than last year at 27.7 percent despite
challenging conditions 
 * Dividend reinstated - interim dividend declared of 15 pence per share *
Profit before tax 195 million STG to January 31 2011 [ID:nWLA6576]
 
 CREDIT SUISSE (CSGN.VX: Quote, Profile, Research)
 A U.S. investigation into Credit Suisse bankers for allegedly helping
Americans dodge taxes is unlikely to be extended to the bank as a whole, the
U.S. ambassador to Bern was quoted as saying on Tuesday.  
 
 SIEMENS (SIEGn.DE: Quote, Profile, Research)
 Siemens unveiled a new management and corporate structure and said it would
float lighting unit Osram, in the most radical revamp since 2007 for Europe's
biggest engineering company. [ID:nLDE72Q099]
 
 BAYER (BAYGn.DE: Quote, Profile, Research)
 Bayer plans to nearly double its revenues from Brazil, Russia, India and
China to about 10 billion euros ($14.10 billion) by 2015, Chief Executive Marijn
Dekkers told German daily Handelsblatt. [ID:nLDE72R250]
 
 MAN GROUP (EMG.L: Quote, Profile, Research)
 Man Group, the world's biggest listed hedge fund manager, won clients back
to its funds over the three months to March, as last year's acquisition of GLG
helped the firm break a two-year streak of losing investors. [ID:nLDE72R21R]
 
 Q-CELLS (QCEG.DE: Quote, Profile, Research)
 German solar company Q-Cells predicted stable profits this year as subsidies
are cut in key markets despite burgeoning support for renewable energy sparked
by Japan's nuclear crisis. [ID:nLDE72R0IS]
 
 SECURITAS (SECUb.ST: Quote, Profile, Research)
 The world No. 2 security services group, which has bought 30 firms around
the world over the past two years and is looking to buy more primarily in Latin
America, North America and Europe, wants to expand further in the U.S.
government security sector, Wall Street Journal cites Chief Executive Alf
Goransson as saying. 
 
 HUGO BOSS (BOSG_p.DE: Quote, Profile, Research)
 German fashion house Hugo Boss said it expects Chinese and American markets
to drive double-digit growth in both sales and earnings this year. [ID:nWEA1272]
 
 SPANISH SAVINGS BANKS
 Spanish savings bank Banco Base will ask for 2.8 billion euros from the
state-backed bank restructuring fund, nearly twice as much as the capitalisation
shortfall estimated by the Bank of Spain, Spanish newspapers reported on
Tuesday.
 
 SACYR (SVO.MC: Quote, Profile, Research)
 Sacyr's new shareholder Disa, with 13 percent of the debt-laden builder,
wants a third seat on the company's board, a source close to the oil firm told
Reuters on Monday.
 
 (Reporting by Joanne Frearson)


Europe Factors-Shares seen edging higher, tracking Asia