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ADR Report: Shares Lower As Euro-Zone Worries Loom

By Corrie Driebusch Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- International companies trading in New York ended lower Thursday, in line with the broader market, as continued worries about Greece and concerns about the health of Spanish banks dragged down shares. The Bank of New York index of ADRs fell 1.5% to 113.53. Spanish banks tumbled on reports that Bankia SA customers were pulling money out of the Spanish bank and speculation that Moody's Investors Service could downgrade the Spanish banking sector. After U.S. stock markets closed, Moody's downgraded 16 Spanish banks by between one and three notches. Banco Santander SA (STD, SAN.MC) dropped 1.9% to $5.56 and Banco Bilbao Vizcaya Argentaria SA (BBVA, BBVA.MC) ended down 2.9% at $5.97. The European index tumbled 1.8% to 104.41. U.K. insurer Aviva PLC (AV, AV.LN) Thursday said it will conduct a strategic review of all its businesses and strengthen its capital base, in what may lead to the company's most important overhaul since 2007. Shares of the insurer dropped 5.2% to $8.40. Human Genome Sciences Inc. (HGSI) has adopted a shareholder-rights plan to shield it from a $2.6 billion hostile takeover bid from British drugs firm GlaxoSmithKline PLC's (GSK, GSK.LN). Shares of GlaxoSmithKline declined 2.3% to $44.35. The Asian index slipped 0.6% to 114.51 and the emerging markets index shed 2% to 261.64. U.S. trade officials ordered 31% duties on China's top makers of solar panels. The Department of Commerce said products made by Suntech Power Holdings Co. (STP, K3ND.SG), Trina Solar Ltd. (TSL, K3KD.SG) and 59 other Chinese exporters will face the 31% antidumping duty, which it said it was levying because the companies sold their products in the U.S. at less than fair value. Shares of Suntech Power fell 5.8% to $2.13 and Trina Solar traded down 7.9% to $6.08. Other solar companies also fell, with Yingli Green Energy Holding Co. (YGE) off 13% at $2.80. The Latin American index dropped 2.5% to 302.84. Argentina's Grupo Petersen missed a $400 million payment to creditor banks on Wednesday, which could allow them to seize the shares of oil company YPF SA (YPF, YPFD.BA) backing the loan. Shares of YPF dropped 1.6% to $12.97. -By Corrie Driebusch, Dow Jones Newswires; 212-416-2143; corrie.driebusch@dowjones.com

Stock News for Yingli Grn Engy Adr (YGE)
DateTimeHeadline
06/30/201507:30:00Yingli Brings Solar Investment Opportunity to the Chinese Public...
06/24/201507:30:00Yingli Solar to Supply 40 MW of Solar Panels to Sybac Solar in...
06/22/201511:43:00DEADLINE ALERT: Law Offices of Howard G. Smith Announces Lead...
06/22/201506:09:25Report of Foreign Issuer (6-k)
06/19/201510:06:00SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders...
06/17/201517:44:00SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of...
06/17/201506:30:00Yingli Partners with LONGi on Vertically Integrated Production...
06/15/201507:30:00Yingli Connects a 50 MW Solar Power Plant to the Utility Grid...
06/12/201518:24:00TRADING ALERT: The Rosen Law Firm Reminds Yingli Green Energy...
06/09/201516:04:02Can the World's Largest Solar Manufacturer Survive?
06/09/201506:30:00Yingli Supplies Venezuela's Largest Solar Project
06/08/201509:27:24Report of Foreign Issuer (6-k)
06/05/201515:56:38Why Yingli Green Energy Hold. Co. Ltd. (ADR) Jumped 37% Today
06/05/201509:19:52U.S. Hot Stocks: Hot Stocks to Watch
06/05/201507:25:00Yingli Green Energy Reports First Quarter 2015 Results
06/03/201506:00:00Yingli's Joint Venture Connects a 50 MW Solar Power Plant in...
06/02/201511:59:00SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces A Securities...
06/02/201508:00:00Yingli Renews Panel Supply Agreement with Vivint Solar
05/29/201508:02:02This is the Most Dangerous Investment in Solar
05/29/201506:42:00Yingli Green Energy Responds to Class Action Lawsuit

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