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Markets in Europe were higher at 5.55 AM New York time.

The FTSE was up .5% to 5,266. Barclays was up .7% to 752. BP was up .9% to 548.5. BT was up 1% to 313.25. British Airways was down 1.7% to 535.25. Prudential was up 3% to 720. Reuters was down .4% to 445.75. Unilever was down .2% to 1411. Vodafone was up 1.2% to 150.

The DAXX was up .2% to 6,757. Bayer was down .5% to 43.68. DaimlerChrysler was up 1.4% to 49.48. DeutscheBank was up 1.1% to 106.15. Deutsche Telekom was down .1% to 14.62. Siemens was up .2% to 78.33. SAP was up 1.3% to 38.31.

The CAC 40 was up .4% to 5,637. Alcatel-Lucent was down .8% to 11.11. AXA was down .5% to 33.04. France Telecom was down .4% to 21.91. ST Micro was down .8% to 14.28. Vivendi was up 1.3% to 32.48.

Data from Reuters

Douglas A. McIntyre