International stocks trading in New York closed higher on
Tuesday. The BNY Mellon index of American depositary receipts rose
0.8% to 146.02. The European index increased 0.9% to 143.84, the
Asian index improved 0.3% to 147.11, the Latin American index rose
1.1% to 253.09 and the emerging markets index increased 0.4% to
279.88. Among the companies with shares that actively traded were
JA Solar Holdings Co. (JASO) and Nokia Corp. (NOK, NOK1V.HE).
JA Solar said its shift to focusing on solar modules instead of
cells paid off in the third quarter as strong demand in China and
Japan led to big increases in profit and revenue. The Chinese
solar-panel maker's quarterly results topped expectations. Shares
rose 8.9% to $8.49.
Nokia said it would return to the consumer market with a branded
tablet computer -- its first device since selling its faltering
handset business to Microsoft Corp. earlier this year. The tablet
will be manufactured in collaboration with an unnamed Chinese
hardware partner. Nokia said the device, called the N1, will roll
out early next year, first in China, and be priced at the lower end
of the tablet market. Shares rose 3.4% to $7.93.
AstraZeneca PLC (AZN, AZN.LN) is betting on new cancer drugs to
help drive long-term revenue growth as the British group stakes out
an independent future after the rejection of Pfizer Inc.'s $120
billion takeover offer in May. The U.K. pharmaceutical company said
on Tuesday that it has made good progress with its late-stage
pipeline of new drugs as it reaffirmed its plan to grow revenues by
three-quarters to more than $45 billion by 2023. Shares rose 2% to
$73.98.
Prudential PLC (PUK, PRU.LN, K6S.SG, 2378.HK) said its
nine-month profit rose as a strong performance in Asia and Britain
offset negative currency movements. The U.K. insurer's Asia
business received a boost from its expanded distribution
partnership with Standard Chartered PLC. Shares rose 41 cents to
$46.62.
Write to Tess Stynes at tess.stynes@wsj.com
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