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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
07/19/201612:40:00Santander Holdings USA Declares Quarterly Dividend On Preferred...
07/14/201621:30:00CFPB Tightens Scrutiny of Bank Overdraft Fees, Fines Santander
07/14/201617:56:00CFPB Fines Santander $10 Million as Regulator Tightens Scrutiny...
07/14/201613:30:00Bob Diamond and Consortium Exploring Takeover of Two Italian...
07/13/201605:50:00Spanish Banks Don't Need to Repay Borrowers for Excess Interest...
07/12/201613:40:00Santander Consumer USA Chairwoman Resigns for Broader Role at...
07/12/201612:36:00Correction to Santander Consumer USA Article
07/12/201610:20:00Santander Consumer USA Chairwoman Resigns for Broader Role
07/12/201610:13:00Santander Consumer USA Chairwoman Resigns for Broader Role at...
07/12/201606:15:00Santander Consumer USA Holdings Announces Appointment of William...
07/11/201617:28:00Santander's U.K. Cash Cow Is Put at Risk by Brexit
07/11/201615:20:00UniCredit To Sell Stake in FinecoBank
07/06/201608:00:00Sanofi Genzyme Begins Pivotal Phase 2/3 Trial of Olipudase Alfa...
06/30/201604:40:00Europe Stocks Fall After Two Days of Gains
06/30/201603:20:00Deutsche Bank Poses Greatest Risk to Financial System, IMF Says...
06/30/201603:04:00Fed Clears Most Big Banks for Dividends -- WSJ
06/29/201619:52:00Fed Stress Tests Clear 31 of 33 Big U.S. Banks for Capital Returns...
06/29/201618:55:00Fed Rejects Santander Holdings USA Inc's Capital Plan -- Update
06/29/201618:12:00Statement on Results of the Federal Reserve's Comprehensive Capital...
06/29/201617:59:00Fed Stress Tests Clear 31 of 33 Big U.S. Banks for Capital Returns...

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