ADVFN - Advanced Financial Network.
HOME» NYSE » G » GGB Stock Price » GGB Stock News

Gerdau Share News

 Gerdau S.a. (brazil) Stock Price
GGB Stock Price
 Gerdau S.a. (brazil) Stock Chart
GGB Stock Chart
 Gerdau S.a. (brazil) Stock News
GGB Stock News
 Gerdau S.a. (brazil) Company Information
GGB Company Information
 Gerdau S.a. (brazil) Stock Trades
GGB Stock Trades

ADR REPORT: Shares Mostly Down Amid Continued Europe Worries

By Matt Jarzemsky Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- International companies trading in New York closed mostly lower Friday, weighed down by European shares slumping on euro zone worries. The Bank of New York Index of ADRs dipped 0.2% to 116.02, tracking nearly flat performance of markets in the U.S. and elsewhere, as Europe's debt crisis dragged on. Fitch Ratings placed its ratings on six euro-zone nations, including Spain and Italy, on watch for downgrade after it found a "comprehensive solution" to the region's issues are "technically and politically beyond reach." Swedbank analyst Jari Honko cut his 2012 handset volume estimates for Nokia (NOK, NOK1V.HE) from a view he had already considered cautious, saying he isn't thrilled by signals he has heard about shipments. Nokia shares fell 3.7% to $4.68. Oil futures edged lower Friday, capping a weak of steep declines spurred by growing worries about slowing oil demand. Total SA's (TOT, FP.FR) shares dipped 1.3% to $47.26 while Repsol YPF SA (REPYY, REP.MC) saw a 1.4% decline to $28.53. The European index fell 0.4% to 107.84. The Asian index edged 0.1% downward to 111.44. India's central bank left rates and banks' cash reserve ratio unchanged, disappointing some market participants, according to an analyst. HDFC Bank Ltd. (HDB, 500180.BY) dropped 4.6% to $25.21. ICICI Bank Ltd. (IBN) ended 1.2% lower at $25.33. European new car registrations fell 3% in November from the year-earlier month, pressured by weaker sales in France, Italy and the U.K., the European automobile manufacturers' association ACEA said. Toyota Motor Corp.'s (TM, 7203.TO) shares closed 2.6% lower at $63.70 while Honda Motor Co. (HMC, 7267.TO) saw a 1.6% slide to $29.01. The Latin American index rose 0.4% to 323.52 while the emerging markets index saw a 0.5% increase to 268.88. UBS sees Latin America's largest bottler of Coca-Cola (KO) products, Mexico's Coca-Cola Femsa (KOF, KOF.MX), making more deals with bottlers in the wake of its third acquisition this year in the Mexican Coke bottling system. The bank has identified seven potential targets that could be consumed in 2012, including four with territories contiguous to those of KOF. Coca-Cola Femsa ADRs rose 3% to $90.53. Spreadtrum Communications Inc. (SPRD) received approval to repurchase up to $50 million of its American depositary shares, coming on the heels of another buyback plan unveiled earlier this year. Shares gained 3.7% to $20.23. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240;

Stock News for Gerdau (GGB)
05/05/201610:28:59Report of Foreign Issuer (6-k)
05/04/201615:17:08Report of Foreign Issuer (6-k)
05/04/201608:42:00Gerdau S.A.: 1Q16 Highlights
05/02/201606:08:07Report of Foreign Issuer (6-k)
04/13/201618:26:00ADRs End Higher; Steelmakers, Mining Companies Rise
04/05/201616:48:13Report of Foreign Issuer (6-k)
03/31/201617:09:00Gerdau S.A. - Form 20-F
03/15/201609:48:00Gerdau S.A. - Consolidated Information
03/04/201612:13:59Report of Foreign Issuer (6-k)
02/29/201618:41:00ADRs End Mixed; Vale, Petrobras Rise
02/29/201612:19:47Report of Foreign Issuer (6-k)
02/25/201618:06:00ADRs End Mostly Higher; Lloyds Rises
02/25/201612:17:54Report of Foreign Issuer (6-k)
02/04/201614:29:13Report of Foreign Issuer (6-k)
01/27/201613:36:11Report of Foreign Issuer (6-k)
10/29/201516:20:16Report of Foreign Issuer (6-k)
10/29/201508:15:00Gerdau S.A. - Consolidated Information
09/30/201511:24:00Scanning Stocks From the Basic Material Sector - Ceres, Denbury...
09/24/201517:54:00ADRs End Mixed; Brazilian Companies Rally
08/24/201517:37:00ADRs End Lower; Chinese, Commodities Firms Decline

Gerdau and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations