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good morning to you from the nasdaq market site in times square earnings are in focus here stateside and theyre certainly bolstering sentiment in europe we go now to laura board whos standing by in london laura good morning thanks julia yes european indices doing really rather well today led by the dax thanks to a parade of very positive portillianis reports among the gayness of french telephone orange which said its managed to stabilize first quarter profit after the company experienced a really tough bout of price competition from a smaller competitor um statoil the norwegian power producer lifted um sharply after it posted above corporate festivals earnings thanks in part to rising u.s natural gas prices and deutsche bank its profit down 34 at 1.5 billion dollars in the first quarter but thats better than expected its also made comments and announced a 2.1 billion subordinated debt issue that have taken together assuage fears that germanys largest bank is about to try to sel