By John Fraher
London, Dec. 6 (Bloomberg) -- European semiconductor stocks, including Infineon Technologies AG may rise after Intel Corp. boosted its fourth-quarter sales forecast. Cadbury Schweppes Plc might slip after the Wall Street Journal said it submitted the highest bid for Pfizer Inc.'s candy business.
France Telecom SA and L'Oreal SA may fall after Euronext NV, the compiler of France's CAC 40 Index, said it will change the way the benchmark is calculated.
Futures on the CAC 40 added 8 points to 3171 as of 7:04 London time. The U.K.'s FTSE 100 Index may gain 15 points and Germany's DAX Index might be unchanged, according to Cantor Index, a U.K. betting company.
The Dow Jones Stoxx 50 Index has slipped 4.1 percent this week and is poised for its biggest weekly decline since September. The drop has trimmed its rally to 12 percent since a five-year low in September.
Stocks fell as brokerages cut recommendations on companies including Nokia Oyj and Vodafone Group Plc, citing concern prices are expensive after recent gains.
Infineon may be among semiconductor shares to gain. Intel, the world's biggest computer-chip maker, said sales this quarter will be $6.8 billion to $7 billion, higher than an October prediction of $6.5 billion to $6.9 billion.
Cadbury Schweppes may slip. The world's No. 3 soft-drinks maker offered $3.5 billion to $4 billion for Pfizer's Adams unit, which is the world's second-biggest chewing gum maker, the Journal said, citing unidentified people familiar with the situation.
France Telecom and L'Oreal may decline. The approach to be adopted by Euronext in December 2003 to calculate the CAC 40 will exclude shares owned by the government or other companies so that the index reflects the number of shares available for trading, or free-float.
France Telecom is 55 percent-owned by the government and L'Oreal is 54 percent-owned by Gesparal SA.
The U.S. Standard & Poor's Index yesterday fell 1.2 percent to 906.55 points, about the same as when most European markets closed.
London, Dec. 6 (Bloomberg) -- European semiconductor stocks, including Infineon Technologies AG may rise after Intel Corp. boosted its fourth-quarter sales forecast. Cadbury Schweppes Plc might slip after the Wall Street Journal said it submitted the highest bid for Pfizer Inc.'s candy business.
France Telecom SA and L'Oreal SA may fall after Euronext NV, the compiler of France's CAC 40 Index, said it will change the way the benchmark is calculated.
Futures on the CAC 40 added 8 points to 3171 as of 7:04 London time. The U.K.'s FTSE 100 Index may gain 15 points and Germany's DAX Index might be unchanged, according to Cantor Index, a U.K. betting company.
The Dow Jones Stoxx 50 Index has slipped 4.1 percent this week and is poised for its biggest weekly decline since September. The drop has trimmed its rally to 12 percent since a five-year low in September.
Stocks fell as brokerages cut recommendations on companies including Nokia Oyj and Vodafone Group Plc, citing concern prices are expensive after recent gains.
Infineon may be among semiconductor shares to gain. Intel, the world's biggest computer-chip maker, said sales this quarter will be $6.8 billion to $7 billion, higher than an October prediction of $6.5 billion to $6.9 billion.
Cadbury Schweppes may slip. The world's No. 3 soft-drinks maker offered $3.5 billion to $4 billion for Pfizer's Adams unit, which is the world's second-biggest chewing gum maker, the Journal said, citing unidentified people familiar with the situation.
France Telecom and L'Oreal may decline. The approach to be adopted by Euronext in December 2003 to calculate the CAC 40 will exclude shares owned by the government or other companies so that the index reflects the number of shares available for trading, or free-float.
France Telecom is 55 percent-owned by the government and L'Oreal is 54 percent-owned by Gesparal SA.
The U.S. Standard & Poor's Index yesterday fell 1.2 percent to 906.55 points, about the same as when most European markets closed.
