Markets in Europe were up modestly at 6.40 AM New York time.

The FTSE rose .5% to 6,632. BEA Systems was up 2.5% to 447.25. GlaxoSmithKline (GSK) was down .7% to 1319. Vodafone (VOD) was down 1% to 158.4.

The DAXX was up 1.2% to 7,858. DeutscheBank (DB) was up .8% to 113.34. Siemens (SI) was down .4% to 97.06.

The CAC 40 was up .5% to 6,074. Alcatel-Lucent (ALU) was up 2.4% to 10.41. AXA (AXA) was up 1.3% to 32.33.

Data from Reuters.

Douglas A. McIntyre