European shares dragged down by financials

European shares were lower at midday on Tuesday, dragged down by financials ahead of earnings news from major U.S. banks and after prominent sector analyst Meredith Whitney downgraded her rating on Goldman

FTSE pulls back from 12-month closing high

Britain's top shares closed 1.1 percent lower on Tuesday, as weakness in banks outweighed strength in defensive issues, while sentiment was dampened by falls on Wall Street after disappointing corporate earnings. The