Germany’s DAX Index slipped for the first session in four as E.ON AG and Bayer AG paced declining shares.

GERMAN stocks, including Infineon Technologies and travel firm TUI advanced. Shares of Altana AG fell.

WYETH said second-quarter profit fell 4.3%, a smaller decline than analysts expected.

Pfizer’s cholesterol reducer Lipitor, the world’s best-selling drug, and medicines such as Altana AG’s ulcer remedy Protonix may be subject to price caps in Germany under a proposal to limit spending for ‘me-too’ drugs.