Europe Stocks Little Changed Before Fed as Espirito Santo Falls

European stocks were little changed as investors awaited minutes from the Federal Reserve’s most recent meeting and as Banco Espirito Santo SA led Portuguese stocks to this year’s low.

Banco Espirito Santo dropped 4.7 percent after parent company Espirito Santo International SA delayed payment on short-term notes. Sodexo slid 1.8 percent after the world’s second-largest catering company cut its full-year revenue forecast. Admiral Group Plc tumbled the most since September after the U.K. car insurer forecast lower margins for business written this year. Seadrill Ltd. rose 1.2 percent after the biggest drilling-rig company canceled a $1 billion convertible-bond sale.