ADRs End Lower; GW Pharmaceuticals, Tata Motors and Infosys Trade Actively
13 Abril 2018 - 7:31PM
Dow Jones News
International stocks trading in New York closed lower
Friday.
The BNY Mellon index of American depositary receipts fell 0.5%
to 153.13. The European index fell 0.2% to 141.51. The Asian index
fell 1% to 179.18. The Latin American index fell 1.1% to 267.1, and
the emerging-markets index fell 1.5% to 331.32.
Tata Motors (TTM) and Infosys Ltd. (INFY) were among those with
ADRs that traded actively.
Infosys Ltd. announced results for its latest year and quarter,
saying that Q4 revenue grew year-on-year by 9.2%. ADRs fell 7.7% to
$16.62.
Jaguar Land Rover is cutting 1,000 temporary jobs at its U.K.
car plants due to declining demand for new cars after the U.K.'s
vote to leave the EU, according to a report. The company, owned by
India's Tata Motors, won't be renewing the temporary contracts of
1,000 agency staff at its plant in Solihull near Birmingham, ITV
News reported. Tata Motors LTD saw ADRs fall 1.7% to $26.72
Companhia Paranaense de Energia - Copel (ELP), a company that
generates and sells power, announces results for its fourth
quarter. The company reported adjusted EBITDA growth of 5.1%
compared to the year before. ADRs fell 4.5% to $7.40.
(END) Dow Jones Newswires
April 13, 2018 18:16 ET (22:16 GMT)
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