ADRs End Mixed; Petrobras and Unilever Trade Actively
15 Marzo 2018 - 04:36PM
Noticias Dow Jones
International stocks trading in New York closed mixed
Thursday.
The BNY Mellon index of American depositary receipts fell 0.1%
to 153.39. The European index dropped 0.2% to 138.50. The Asian
index rose 0.6% to 187.08. The Latin American index decreased 1.8%
to 271.07. And the emerging-markets index rose 0.1% to 347.85.
Brazil's Petroleo Brasileiro SA (PBR) and Unilever PLC (UN) were
among those with ADRs that traded actively.
Brazil's Petróleo Brasileiro SA (PBR), or Petrobras, said
Thursday it lost money last year as the state-controlled oil
company continues to suffer from the side effects of the "Car Wash"
corruption scandal. Rio de Janeiro-based Petrobras reported a net
loss of 446 million reais ($136 million) for the full year, after a
loss of 14.8 billion reais in 2016. Petrobras said it would have
had a net profit of 7.1 billion reais in 2017 if not for some
extraordinary items, including one for $3.4 billion to settle a
class-action suit in the U.S. Petrobras reported a loss of 5.5
billion reais in the fourth quarter. ADRs fell 5.5% to $12.96.
Unilever PLC said it will consolidate its dual headquarters in
Rotterdam, Netherlands, instead of London, a politically charged
decision that came despite last-minute lobbying from the British
government. ADRs of the company fell 1.9% to $52.81.
Royal Dutch Shell PLC (RDSB) has moved to withdraw from New
Zealand with a deal to sell its interests in a portfolio of energy
assets to OMV AG (OMV.VI) for US$578 million. ADRs for its Class A
shares fell 0.5% to $61.89.
Bitauto Holdings Limited (BITA), a provider of internet content
and transaction services for China's automotive industry, reported
results for its fourth quarter and year. Revenue rose 54% in the
quarter from the year before. ADRs fell 11% to $27.56 as the
company increased its loss from operations.
(END) Dow Jones Newswires
March 15, 2018 18:21 ET (22:21 GMT)
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