European Stocks May Drop on Microsoft; SAP, Sage May Slide

April 28 (Bloomberg) — European stocks may fall, led by technology companies SAP AG and Sage Group Plc after Microsoft Corp. of the U.S. reported third-quarter profit and sales figures that lagged analysts’ projections.

“Microsoft earnings will weigh on tech stocks today and provide a focus for the market’s attention,” said Lee Humphreys, head of European sales trading at E*Trade Securities Ltd. in London. “We expect software stocks to be especially hard hit.”

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