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ADR Report: Shares End Higher After Encouraging US Housing Report

By Mia Lamar International companies trading in New York closed higher Tuesday as investors drew encouragement from a better-than-expected report on the hard-hit U.S. housing market. The Bank of New York index of American depositary receipts rose 0.5% to 114.62. Solar stocks struggled, however, after LDK Solar Co. (LDK) posted a wider loss in its fiscal first-quarter and laid out a disappointing view for the quarter ahead. Shares of the solar-product maker slumped 5.9% Tuesday to end at $1.90. Shares of Trina Solar Ltd. (TSL) dropped 8% to $6.23, while shares of Yingli Green Energy Holding Co. (YGE) shed 1.4% to $2.78. The European index rose 0.5% to 106.40. Spanish banks lagged after Moody's Investors Service downgraded 28 of the country's banks late Monday, adding further worries to the troubled sector. Among individual stocks, Banco Bilbao Vizcaya Argentaria (BBVA, BBVA.MC) fell 0.5% to $6.25, while Banco Santander (SAN, SAN.MC) ended 0.8% lower at $5.93. The Asian index rose 0.4% to 113.56. Shares of Macau-focused casino operator Melco Crown Entertainment Ltd. (MPEL, 6883.HK) slumped on rising concerns that growth in the Chinese city's red-hot gambling industry has peaked. U.S.-listed shares closed 3% lower in New York at $11. The Latin American index rose 0.7% to 302.29 while the emerging markets index added 0.7% to 259.28. Gol Linhas Aereas Inteligentes (GOL, GOLL4.BR), Brazil's second-biggest airline, said Tuesday that it would cut 2,500 jobs this year, more than double the layoffs it had previously forecast, as it moves to improve profitability. Shares closed 4.4% lower at $4.56 in New York. -Write to Mia Lamar at mia.lamar@dowjones.com

Stock News for Banco Santander Chile (SAN)
DateTimeHeadline
07/27/201508:37:07Banco Santander SA 2Q 2015 -- Forecast
07/27/201502:00:00Genzyme Strengthens Endocrinology Portfolio with Acquisition...
07/21/201513:09:00Santander Holdings USA Declares Quarterly Dividend On Preferred...
07/16/201513:45:00Santander Provides Scholarships To York College Students
07/15/201515:24:09Report of Foreign Issuer (6-k)
07/15/201515:20:23Santander Taps Ex-J. P. Morgan Official for U.S. Post
07/15/201515:02:08Santander Taps Former J.P. Morgan Official Blythe Masters for...
07/15/201513:00:00Blythe Masters Named Chairman Of Santander Consumer USA Holdings...
07/07/201519:02:25Fed Tells Santander's U.S. Unit to Shape Up -- 2nd Update
07/07/201515:54:39Fed Orders Santander's U.S. Units to Improve Risk Management...
07/07/201512:30:19Fed Hits Santander's U.S. Unit With Sweeping Enforcement Action
07/07/201512:23:22Fed Hits Santander's U.S. Unit With Sweeping Enforcement Action
07/06/201517:47:37ADRs End Lower; Financial Firms Decline
07/06/201517:01:19Report of Foreign Issuer (6-k)
07/06/201513:01:56Report of Foreign Issuer (6-k)
07/02/201517:30:26Santander Consumer USA CEO Thomas Dundon to Step Down
07/02/201516:15:00Jason Kulas Appointed Chief Executive Officer Of Santander Consumer...
07/02/201512:50:00Santander Supports President's Society Program At LaGuardia Community...
07/01/201506:50:05Monitise Shares Soar on Santander Joint Venture
06/30/201519:29:05Portugal's Novo Banco Received Three Binding Offers -- Update

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