Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 

ADRs End Lower; IAG, Fresenius Among Companies Actively Trading

07/30/2021 | 04:57pm EDT

By Kimberly Chin

International stocks trading in New York closed lower on Friday. The S&P/BNY Mellon index of American depositary receipts fell 0.9% to 165.96. The European index ticked 0.6% lower to 143.74. The Asian index fell 0.8% to 226.93. The Latin American index decreased 4.5% to 210.90. And the emerging-markets index was down 1.1% at 385.91.

IAG, or International Consolidated Airlines Group SA's ADRs, which trade over the counter, fell 6.9% Friday after the airline group--which houses carriers British Airways, Iberia and Vueling, among others--reported a narrowed first-half net loss of 2.05 billion euros ($2.44 billion), compared with a net loss of EUR3.81 billion in the year-prior period. It didn't provide any profit guidance for the year.

Fresenius SE & Co. KGaA's ADRs fell 2.7% after the German healthcare company reported a decline in earnings before interest and taxes before special items for the second quarter. Net profit and revenue rose for the quarter. The company raised its earnings guidance for the full year, now expecting net income to grow in a long single-digit percentage range at constant currencies. ADRs of Fresenius Medical Care AG & Co., the company's dialysis division, fell 4.7% after the company reported a declining net profit for the quarter.

ADRs of Pearson PLC rose 2.1% after the education company said Friday that first-half pretax profit fell but it is on track to meet its expectations for the full year, as it launched a new direct-to-consumer app for U.S. college students.

Write to Kimberly Chin at kimberly.chin@wsj.com

(END) Dow Jones Newswires

07-30-21 1857ET

Latest news "Markets"
05:41pThe WSJ Dollar Index Rises 0.61% to 87.79 -- Data Talk
DJ
05:29pS&P/TSX Composite Index Ends the Week 0.69% Lower at 20490.36 -- Data Talk
DJ
05:29pBOVESPA Index Ends the Week 2.49% Lower at 111439.37 -- Data Talk
DJ
05:28pIPC Indice de Precios Y Cotizaciones Ends the Week 0.42% Lower at 51307.71 -- Data Talk
DJ
05:28pS&P MERVAL Index Ends the Week 3.45% Higher at 78512.09 -- Data Talk
DJ
05:09pTSX falls to 4-week low as election uncertainty weighs
RE
05:09pCANADIAN NATIONAL RAILWAY : TSX falls to 4-week low as election uncertainty weighs
RE
12:40pCAC 40 Index Ends the Week 1.40% Lower at 6570.19 -- Data Talk
DJ
12:39pEURO STOXX 50 Index Ends the Week 0.95% Lower at 4130.84 -- Data Talk
DJ
12:39pSTOXX Europe 50 Index Ends the Week 1.17% Lower at 3521.62 -- Data Talk
DJ
Latest news "Markets"