EQNR Equinor ASA

International stocks trading in New York closed mostly lower Tuesday.

JA Solar Holdings Co. (JASO) was among the companies with ADRs that traded actively.

The BNY Mellon index of American depositary receipts edged up 0.24% to 130.79. The European index increased 0.52% to 130.56, the Asian index edged down 0.3% to 139.52, the Latin American index eased 0.02% to 163.58 and the emerging markets index declined 0.32% to 221.80.

JA Solar reported that its third-quarter earnings rose 69% in the latest quarter on stronger-than-expected demand. The Beijing solar module and cell maker said in its news release Tuesday that it plans to further increase its manufacturing capacity to meet growing demand. The expansion plans come after JA Solar opened its first plant outside China -- in Malaysia -- in late October. ADRs fell 2.3% to $8.38.

Chinese search giant Baidu Inc. (BIDU, K3SD.SG) and China Citic Bank Corp. plan to set up a direct bank, The Wall Street Journal reported Tuesday. The move marks the Internet giant's latest push to better compete against its rivals in the rapidly growing space for online financial services. Baidu's ADRs fell 1% to $196.83.

Barclays PLC (BCS, BARC.LN) on Tuesday took further action to reshape its investment bank by naming macro markets head Mike Bagguley as chief operating officer of the unit. Mr. Bagguley, a 14-year Barclays veteran, will take a key role in accelerating the continuing restructuring, reporting to investment bank Chief Executive Tom King, according to an internal memo reviewed by The Wall Street Journal. ADRs fell 12 cents to $13.70.

Credit Suisse Group AG (CS, CSGN.VX) has elevated one of its top investment bankers in Asia Pacific to run a new unit that will help carry out the bank's recently unveiled strategy for the region. Vikram Malhotra, currently head of investment banking for Asia Pacific, has been named executive vice chairman for the region and will oversee a new unit focused on the bank's "most significant" ultra-high-net worth entrepreneur clients. Credit Suisse ADRs fell 17 cents to $22.97.

Statoil ASA (STO, STL.OS) said it had decided to exit Alaska, echoing a recent move by Royal Dutch Shell to drop the high-cost Arctic frontier area. Explaining its decision, the Norway oil major said its exploration activities in the Chukchi Sea couldn't compete with projects elsewhere. Statoil's ADRs fell 1.5% to $15.19.

Write to Tess Stynes at tess.stynes@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

November 17, 2015 17:44 ET (22:44 GMT)

Equinor ASA (NYSE:EQNR)
Historical Stock Chart
From Mar 2024 to Apr 2024

Equinor ASA (NYSE:EQNR)
Historical Stock Chart
From Apr 2023 to Apr 2024