European shares were slightly lower in early trading on Tuesday with Commerzbank among the leading fallers after the German bank disappointed with a fall in core capital.
By 0717 GMT, the pan-European STOXX 600 index was down 0.2 percent.
Small moves on the benchmark indices masked active trading in underlying stocks as earnings season gets underway.
Commerzbank fell 3.7 percent after second-quarter operating profit and capital cushion fell with results hit by pension liabilities and Italian sovereign debt exposure.
Luxottica was another big faller, down 3.5 percent, as Barclays and JP Morgan cut their price targets on the stock after the Italian eyewear maker cut its outlook for the year.
Among the outperformers, French car parts supplier Faurecia rose 4 percent after it raised its 2016 outlook.
Source: Reuters
