By Mia Lamar International companies trading in New York closed about flat Friday, lagging the broader markets, as declines for risk-sensitive stocks again limited gains. The Bank of New York index of ADRs ended nearly unchanged at 123.34. Miners added pressure, tracking most metals prices lower. Rio Tinto PLC (RIO, RIO.LN) gave up 1.1% to $46.06 while Anglo American PLC (AAUKY, AAL.LN) slumped 3.3% to $14.77. The European index also ended about flat at 115.72. The region's major financial firms also finished broadly lower as investors sought haven in more defensive plays. Barclays PLC (BCS, BARC.LN) lost 1.6% to $11.86, BNP Paribas SA (BNPQY, BNP.FR) shed 1% to $21.40 and ING Groep NV (ING, INGA.AE) lost 1.4% to $7.15. In corporate news, Vodafone Group PLC (VOD, VODPF, VOD.LN, VOD.JO) has complied with Indian government orders forcing the country's mobile operators to restrict text-messaging services, part of India's effort to curb mass panic that riled parts of the country in recent weeks. Shares rose 0.3% to $29.27 in New York. The Asian index ended 0.1% lower at 119.82. Solar-products maker ReneSola Ltd. (SOL) swung to a bigger-than-expected loss in the second quarter amid a double-digit climb in input costs and sliding revenue. The company predicted current-quarter revenue below Wall Street estimates. Shares tumbled 16% to $1.51. The downbeat results also dragged down the volatile stocks of other Chinese solar product companies. Yingli Green Energy Holding Co. (YGE) fell 5.9% to $1.93 and Trina Solar Ltd. (TSL, K3KD.SG) shed 5.5% to $4.85. Olympus Corp. (OCPNY, 7733.TO) said Friday that it will sell its mobile phone sales subsidiary ITX Corp. for Y53 billion ($673.9 million) as the company seeks to bolster its finances following a $1.5 billion accounting scandal. Shares rose 1.8% to $19.35 in New York. The Latin American index inched up 0.2% to 322.58 while the emerging markets index fell 0.1% to 273.60. Argentina's largest oil company, state-run YPF SA (YPF, YPFD.BA), said Friday that Chevron Corp. (CVX) has expressed interest in partnering with the Argentine company to develop unconventional oil resources. YPF shares rose 3.4% to $12.32 in New York. Analysts at Barclays said Friday that they "continue to see an adverse environment for price hikes in the Brazilian steel market," adding it's "highly unlikely" companies will achieve the strong earnings rebound some had expected for the second half of the year. Steelmaker Companhia Siderurgica Nacional (SID, CSNA3.BR) fell 5.1% to $5.40 while Gerdau SA (GGB, GGBR3.BR, GGBR4.BR) posted a decrease of 0.5% to $9.33. -Write to Mia Lamar at mia.lamar@dowjones.com
