European Factors-Shares seen opening higher; commods eyed

(Adds company news, details; updates snapshot table)

LONDON, Aug 11 (Reuters) - European index futures pointed to a stronger open
for equities on Tuesday after losses in the previous session, with the market
seen tracking gains in Asia and firmer commodity prices supporting energy and
mining shares.

Futures for the Euro STOXX 50 STXEc1, Germany's DAX FDXc1 and the French
CAC 40 FCEc1 were up between 0.2 percent and 0.4 percent. Financial bookmakers
earlier predicted the stock markets to open marginally lower.

Japan's Nikkei average .N225 rose 0.6 percent on Tuesday towards a
10-month high, a day after the FTSEurofirst 300 .FTEU3 of top European shares
closed 0.6 percent lower at 944.64 points.

U.S. stocks also fell on Monday, but ended off the session lows. The Dow
Jones industrial average .DJI lost 32.12 points, or 0.34 percent, to close at
9,337.95. The Standard & Poor's 500 Index .SPX fell 3.38 points, or 0.33
percent, to 1,007.10. The Nasdaq Composite Index .IXIC dropped 8.01 points, or
0.40 percent, to 1,992.24.

A U.S. bailout watchdog panel said on Tuesday that the Treasury Department
should consider expanding programmes to cleanse troubled assets from bank
balance sheets if current efforts fail to restart markets or if economic
conditions worsen. [ID:nSP102961]

"The momentum of the recent rally has slowed and traders are now keenly
watching any data which might suggest another push higher. Key levels in the
markets have been reached ... and these are providing some resistance," said
Robert Pike, head trader at Spreadex.

In macroeconomic news, China's industrial output expanded in July at the
fastest rate in nine months but fell short of forecasts, underscoring why
officials have said that the country's recovery is still not solid.
[ID:nPEK216341]

The output figures were among a series of economic data, including
investment, inflation and retail sales, released by the statistics agency, which
showed that the world's third-largest economy was getting back in gear, but
perhaps more gradually than expected.

Data also showed that British retail sales rose last month compared with a
weak July last year, after changeable weather helped both seasonal clothing
lines, food and homeware sales. [ID:nLAG003666]

Investors awaited UK trade figures, scheduled for release at 0830 GMT, while
in the U.S., the Federal Open Market Committee begins its two-day meeting on
interest rate policy.

----------------------MARKET SNAPSHOT AT 0648 GMT----------------------

LAST PCT CHG NET CHG
S&P 500 .SPX 1,007.10 -0.33 % -3.38
NIKKEI .N225 10,585.46 0.58 % 61.2
MSCI ASIA EX-JP .MIASJ0000PUS 431.58 0.12 % 0.52
EUR/USD EUR= 1.4147 0.02 % 0.0003
USD/JPY JPY= 96.75 -0.35 % -0.3400
10-YR US TSY YLD US10YT=RR 3.792 -- 0.02
10-YR BUND YLD EU10YT=RR 3.490 -- 0.02
SPOT GOLD XAU= $947.10 0.26 % $2.45
US CRUDE CLc1 $71.07 0.67 % 0.47

* Nikkei clings near 10-mth high, exporters weigh [ID:nT330376]

* Wall St dips after four-week rally [ID:nN10479518]

* Yen rises vs high-yielders after China data [ID:nT327704]

* Treasuries-Prices rise on bargain-hunting [ID:nLB694998]

* Asia stocks drift, govts warn of more uncertainty [ID:nHKG327189]

* Oil steady ahead of U.S. stocks data; China drags [ID:nSP473359]

* Gold inches up as dollar steady, ETF eases [ID:nT335385]

* Copper down after China data; outlook positive [ID:nSP500936]

COMPANY NEWS

NATIXIS (CNAT.PA)

France's newly-merged BCPE bank does not plan to delist the shares of
Natixis as part of a strategic review, French market regulator the AMF said in a
statement on Monday. For more see [ID:nB487944]

RIO TINTO (RIO.L)

Australia brushed off on Tuesday a Chinese report accusing iron ore miner
Rio Tinto of overcharging and spying on Chinese steel mills, saying it had not
been officially sanctioned. [ID:nSYD540071]

RENAULT (RENA.PA)

A Russian minister called for new support measures at AvtoVAZ's mammoth car
factory on the Volga to avoid social unrest as data on Monday showed car sales
in Russia plummeted again in July. Renault owns a significant stake in AvtoVAZ.
For details, see:[ID:nLA369832]

SAP (SAPG.DE)

Shares of Tibco Software Inc (TIBX.O) surged as much as 17 percent after a
German weekly reported SAP was considering bidding for the U.S. firm.
[ID:nBNG467827]

TELECOM ITALIA (TLIT.MI)

The phone company's controlling shareholder group, Telco, has pledged shares
as a collateral for its loans, Il Sole 24 Ore said, citing Telco's annual
report. The group has written down the value of its stake to 7.21 billion euros
($10.23 billion) from 8.84 billion euros. Telco has four months to pay back
about 2.8 billion euros in loans.

UNICREDIT (CRDI.MI)

The bank plans to close a total of 19 branches, representation offices and
subsidiaries by 2010, with a one-time restructuring cost of about 90 million
euros, Il Messaggero said without citing sources. The move is aimed at
international offices and will save the bank 60 million euros a year, it said.
A UniCredit spokesman was not immediately available to comment.

CREDIT SUISSE (CSGN.VX)

Credit Suisse on Monday sold $2 billion in 10-year senior bank notes, said a
market source familiar with the sale. The 5.30 percent notes were priced at
99.916 to yield 155 basis points over comparable U.S. Treasuries.

ADECCO (ADEN.VX)

Adecco (ADEN.VX), the world's largest staffing company, missed forecasts
with a second-quarter loss, hit by one-off charges, and said it was buying
Britain's Spring Group to boost its professional staffing business.

NOVARTIS (NOVN.VX)

Novartis AG (NOVN.VX) said on Tuesday its Sandoz business has launched the
first generic version of Astellas Pharma's (4503.T) Prograf capsules, an
immunosuppresant to help prevent rejection of a kidney or liver transplant.
For related news, double click on [NOVN.VX]

DANSKE BANK (DANSKE.CO)

Denmark's largest banking group reported second-quarter earnings well below
expectations in a Reuters poll, and repeated loan losses would stay high in 2009
[nDKT004549]. For more on the company, double click on [DANSKE.CO]

LLOYDS BANKING GROUP (LLOY.L)

The government is close to hammering out an agreement about how to insure
loans granted to Royal Bank of Scotland (RBS.L) and Lloyds Banking Group under
its 580 billion pound asset protection scheme (APS), The Guardian said.

TUI (TUIGn.DE)

TUI is preparing to give a further 420 million euros ($595.9 million) to its
former shipping unit Hapag-LLoyd [HPLG.UL], several people familiar with the
situation told Reuters on Monday [ID:nLA468098]. Separately, the Financial Times
Deutschland, without citing sources, said Hapag may need up to 1.95 billion
euros in financial support through 2011.

CONTINENTAL (CONG.DE)

Rolf Koerfer may relinquish his position as supervisory board chairman at
Continental under a possible compromise deal with controlling shareholder
Schaeffler, sources familiar with the companies said. [ID:nL0339901]

EADS (EAD.DE) (EAD.PA)

Germany has received a commitment that it will get a bigger share of work on
the successor to the Airbus A320 single-aisle plane, a senior official in the
German economy ministry told Reuters on Monday. [ID:nLA411203]

HYPO REAL ESTATE HRXG.DE

The nationalised commercial property lender may shift problem assets worth
at least 100 billion euros off its balance sheet to a "bad bank," HRE's chief
executive told a German newspaper. [ID:nLA564658]

(Reporting by Atul Prakash)