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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
05/26/201508:00:00Genzyme to Present Aubagio® (teriflunomide) and Lemtrada® (alemtuzumab) D...
05/22/201506:24:15Whitbread Appoints Lloyds Banker Brittain as CEO -- Update
05/22/201500:52:20HSBC Holdings Mulls Sale of Brazil Operations
05/21/201512:25:00Southern Methodist University And Santander Offer Study Abroad...
05/21/201511:40:00Santander Select(SM) Is Now Available In 14 Locations
05/20/201507:00:00Genzymeâs Announces Launch of Expression of Hope III Art Exhibit
05/19/201518:14:17ADRs End Lower; Vodafone Edges Down
05/19/201512:50:09Santander Brazil Mulls Buying HSBC Unit
05/19/201512:40:29Santander Brazil CEO Says Will Study Possible Purchase of HSBC...
05/19/201509:20:07Brazil's Itaú Unibanco Sells $1 Billion in Bonds
05/19/201509:07:47Brazil's Itaú Unibanco Sells $1 Billion in Bonds
05/19/201508:00:00Genzyme Receives Innovation Award from the National Organization...
05/18/201512:05:48Report of Foreign Issuer (6-k)
05/18/201511:30:10Brazil's Itaú Unibanco Plans 3-Year Overseas Bond Issue
05/18/201511:24:43Brazil's Itau Unibanco Plans 3-Year Overseas Bond Issue -- Update
05/13/201514:19:00Worcester State and Santander Expand Study Abroad Program at...
05/13/201507:00:00Sanofi Exercises Option on Second Therapeutic Program with Selecta...
05/12/201515:21:00Alvernia And Santander Offer Programs To Help Prepare Students...
05/06/201516:36:00Santander And Bridgewater Expand Educational Opportunities For...
04/30/201518:37:44ADR Shares End Lower; Baidu, Nokia Fall

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