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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
02/04/201614:39:00Santander Provides $2.3 Million In New Grants To Support Leading...
01/27/201611:10:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201609:08:00Santander: No Margin for Error -- Heard on the Street
01/27/201609:03:00Santander: No Margin for Error -- Heard on the Street
01/27/201608:18:00Santander: No Margin for Error -- Heard on the Street
01/27/201606:49:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201605:25:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201603:32:00Correction to Santander Story
01/27/201603:27:00Santander Profit Plunges on U.K. Mis-selling Provisions -- 2nd...
01/27/201602:34:00Santander Profit Bolstered by U.K. Business -- Update
01/27/201602:30:00Santander Profit Up Slightly
01/27/201601:41:00Santander Profit Up Slightly
01/26/201614:06:59Report of Foreign Issuer (6-k)
01/26/201608:26:00Spanish Banks' Shares Hit Ahead of Quarterly Results
01/25/201613:50:46Amended Statement of Ownership (sc 13g/a)
01/25/201608:34:00Banco Santander SA 4Q 2015 -- Forecast
01/21/201618:50:00Brazilian Banks to Form Credit Registry
01/21/201618:09:00Brazilian Banks to Form Credit Registry
01/14/201611:26:00Santander Holdings USA Declares Quarterly Dividend On Preferred...
01/06/201608:00:00Sanofi Genzyme Announces Recipients of Patient Advocacy Leadership...

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