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ADR Shares End Higher; ABB, Deutsche Bank and Banco Santander (Brasil) Shares Active

International stocks trading in New York closed higher on Tuesday, with the Bank of New York index of American depositary receipts adding 0.8% to 152.91. The European index rose 0.9% to 154.14, the Asian index rose 0.5% to 140.77, the Latin American index added 0.7% to 286.05 and the emerging markets index rose 0.8% to 276.99. Among the companies with shares that actively traded were ABB Ltd. (ABB, ABBN.VX, ABB.SK), Deutsche Bank AG (DB, DBK.XE) and Banco Santander (Brasil) SA (BSBR, SANB3.BR, SANB4.BR). Power-and-technology group ABB on Tuesday reported an 18% drop in first-quarter profit as the company presses ahead with a sale of fringe businesses. Revenue also dropped, and missed analysts' expectations. Meanwhile, the company said it was closely following the unfolding bidding war for the energy assets of French rival Alstom SA (ALO.FR) after the Swiss company posted lower-than-expected results. ABB shares fell 8.2% to $24.12. Deutsche Bank on Tuesday pledged to take all possible measures to bolster its capital as first quarter profit tumbled 34%. The company's profit was pressured by falling revenue at its flagship fixed-income unit and regulatory costs. Shares of Germany's largest lender rose 2% to $44.45. Banco Santander SA (SAN, SAN.MC) said Tuesday that it will offer to buy out the 25% of its Brazil unit it doesn't currently own, in a deal that could be worth up to EUR4.7 billion ($6.5 billion). Spain's biggest bank and the euro zone's biggest lender by market value said it would offer a 20% premium over the last closing market price and expects to close the deal by October. Shares of Banco Santander edged up 0.2% to $9.82, while shares of Banco Santander (Brasil) jumped 14% to $6.58. Nokia Corp. (NOK, NOK1V.HE) unwrapped a new era on Tuesday, naming a company insider as chief executive and pledging to distribute more than $4 billion to investors from the proceeds of the sale of its tarnished handset business. The Finnish company said Rajeev Suri will take the helm of the company, charging him with accelerating another transformation of a business with a history of reinvention. Meanwhile, revenue of Nokia's network arm continued to slip in the first quarter, underscoring the challenges facing Mr. Suri to get the business growing. Shares still rose 5.7% to $7.43. Eni SpA's (E, ENI.MI) first-quarter net profit slid by 14% on the year, with the Italian energy company expecting a challenging 2014 due to weak European demand for natural gas and refined products, such as gasoline and diesel, just as it undergoes a change in its top management. Shares rose 1.9% to $51.66. A series of strategic decisions and a boost from Mother Nature played a significant role in a near-quadrupling of Statoil ASA's (STO, STL.OS) first-quarter net profit, dwarfing Wall Street's expectations for the period. Shares of the Norwegian oil company rose 4% to $29.97. Sanofi SA (SNY, SAN.FR) Chief Executive Christopher Viehbacher said Tuesday the French drug maker would continue to focus on targeted acquisitions despite the recent resurgence in megadeals in the pharmaceutical sector. Sanofi also reported a 9.6% rise in first-quarter net profit, helped by lower costs related to earlier acquisitions. Shares slipped 0.8% to $53.33. Barclays PLC (BCS, BARC.LN) said Tuesday that Skip McGee, chief executive of its U.S. unit, will leave the bank at the end of April and be replaced by Joe Gold, marking the latest shake-up at the lender as it shrinks its investment bank and pulls back in some geographies. Shares rose 1.4% to $16.91. Italian eyewear maker Luxottica Group SpA (LUX, LUX.MI) saw net sales slide 1.2% in the first quarter, dragged down by the strength of the euro and harsh weather in North America that put shoppers off buying new glasses. Shares added 1% to $56.57. BP PLC (BP, BP.LN) on Tuesday reported a decline in first-quarter profit of more than 20% after factoring out a cash windfall from a Russian transaction last year. But the U.K. oil giant's shares rose as investors appeared encouraged by an 8.3% dividend increase and BP's ongoing overhaul since the 2010 Deepwater Horizon explosion--and unfazed by U.S. sanctions against the head of Russia's OAO Rosneft, in which BP has a nearly 20% stake. Shares rose 2.6% to $50.29. Rolls-Royce Holdings PLC (RYCEY, RR.LN) said it is in talks with Siemens over the sale of its commercial energy production assets. "These talks have not concluded and we will make a further announcement in due course," the London-based company said in a statement. The transaction involves gas turbine and compressor activities in Rolls-Royce's energy unit, which also includes civil nuclear activities. Siemens shares edged down 0.3% to $128.95. Write to Anna Prior at anna.prior@wsj.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
08/20/201417:41:52ADR Shares End Mixed; Luxottica Shares Active
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07/30/201412:21:53EUROPE MARKETS: Peugeot, Barclays Among Major European Movers...
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07/30/201405:10:05Total to Review Russia Sanctions
07/30/201404:27:17Total Avoids Investor Ire Over Russia Business, So Far -- Market...
07/29/201412:50:15European Shares Reverse Losses -- 3rd Update

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