International stocks trading in New York closed higher on Tuesday. The BNY Mellon index of American depositary receipts edged up 0.3% to 136.77. The European index increased 0.2% to 134.04, the Asian index improved 0.5% to 141.05, the Latin American index rose 0.6% to 228.73, and the emerging-markets index increased 0.7% to 262.99. Among the companies with shares that actively traded was Philips NV (PHG, PHIA.AE).

Philips warned shareholders that continuing problems at the U.S. factory where it makes medical scanners have knocked fourth-quarter profit lower than previously expected. Shares fell 1.9% to $27.54.

UBS Group AG (UBS) has won hearty plaudits from investors for a 2012 restructuring in which the Swiss bank jettisoned large portions of its investment bank, a move seen as a harbinger of what lay ahead for other midtier investment banks. In a London court case, though, UBS executives are in the strange position of arguing that the impacts of that overhaul weren't as far-reaching as some thought. Shares rose 1.3% to $16.59.

Write to Tess Stynes at tess.stynes@wsj.com

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