International stocks trading in New York were mixed on
Tuesday.
The BNY Mellon index of American depositary receipts edged down
0.25% to 145.24. The European index fell 0.53% to 145.05, the Asian
index edged up 0.32% to 151.15, the Latin American index eased
0.03% to 204.15 and the emerging markets index increased 0.72% to
250.12. Infosys Ltd. (INFY, 500209.BY) was among the companies with
ADRs that traded actively.
Infosys said its earnings rose 5% during the quarter ended in
June, topping analysts' expectations. The Bangalore-based company,
which is India's second-largest software exporter by sales, raised
its revenue outlook for the business year that ended in March. ADRs
rose 8.2% to $17.06.
The U.K.'s Serious Fraud Office has approached Barclays PLC
(BCS, BARC.LN) with a deferred prosecution agreement as it looks to
resolve a long-running probe into how the bank secured emergency
funding from Middle Eastern investors during the financial crisis,
The Wall Street Journal reported. Barclays ADRs edged up four cents
to $17.51.
A group of German auto makers agreed to pay slightly more than
2.5 billion euros ($2.71 billion) the digital mapping service of
Nokia Corp. (NOK, NOK1V.HE), prevailing over Silicon Valley bidders
in a battle for a key enabling technology for self-driving cars.
German luxury car makers Audi, a unit of Volkswagen AG,
Mercedes-Benz parent Daimler AG, and BMW AG have agreed in
principle to purchase the telecommunications group's digital
mapping service Nokia Here, The Wall Street Journal reported.
Nokia's ADRs fell three cents to $6.75.
Novartis AG (NVS, NOVN.VX) said its second-quarter profit fell
32% as the Swiss drug giant was hit by impacts from a stronger
dollar and a weak result at its Alcon eye-care treatment business.
Core earnings missed analysts' expectations. Separately, A U.S.
appeals court ruled that Basel-based company could begin selling
the first knockoff of a biotech drug on Sept. 2. Novartis ADRs fell
2.3% to $103.71.
German business software provider SAP SE (SAP, SAP.XE) posted a
15% decline second-quarter earnings, citing acquisition-related
charges, restructuring expenses and higher stock-based compensation
outlays. ADRs fell 2.2% to $72.80.
Vodafone Group PLC (VOD, VODPF, VOD.LN, VOD.JO) unveiled changes
to the management structure of its European operations, including
the departure of the regional chief executive, as the mobile
telecommunications company moves to boost decision-making in the
area, which has suffered sluggish sales in recent years. ADRs fell
1.6% to $36.61.
Write to Tess Stynes at tess.stynes@wsj.com
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