By Sarah Turner
LONDON (MarketWatch) -- European shares declined on Monday, the fourth straight session of losses, with commodity firms and banks the worst performers by sector and Philips (NL:PHIA 24.90, -0.40, -1.58%) trading 2.5% lower after the electronics giant reported earnings. Still, deal speculation provided a bit of support, helping shares of Tomkins (UK:TOMK 230.30, 0.00, 0.00%) to climb 34.8% and International Power (UK:IPR 316.80, 0.00, 0.00%) to advance 9.7%. The U.K. FTSE 100 index declined 0.5% to 5,133.05, the German DAX index slipped 0.1% to 6,033.16 and the French CAC-40 index declined 0.4% to 3,486.99.
