ADRs End Higher; Ryanair, Criteo Trade Actively
December 15 2017 - 06:16PM
Dow Jones News
International stocks trading in New York closed higher on
Friday.
The BNY Mellon index of American depositary receipts rose 0.04%
to 150.41. The European index decreased 0.1% to 139.90. The Asian
index went increased 0.2% to 177.75. The Latin American index
increased 0.4% to 237.79. And the emerging-markets index rose 0.5%
to 318.13.
Ryanair Holdings Plc (RYAAY), Criteo SA (CRTO), and China
Finance Online Co. Ltd.(JRJC) were among those with ADRs that
traded actively.
Ireland-based Ryanair said Friday that it would recognize pilot
unions, after weeks of tensions and the threat of strikes before
Christmas. The British Airline Pilots' Association said it accepted
Ryanair's offer and asked to include in the discussions the U.K.'s
Trades Union Congress and the Advisory, Arbitration and
Conciliation Service. The German Airline Pilots' Association,
Vereinigung Cockpit e.V, said in a statement that it would call off
planed strikes as soon as a date for the start of negotiations was
set. ADRs of Ryanair dropped 5.2% to $106.59.
France-based ad tech company Criteo's shares continued to fall
Friday after the company said Thursday a recent move by Apple Inc.
to strengthen its ad tracker prevention is going to negatively
affect Criteo's revenue more than anticipated. Criteo said iOS
11.2, the new version of Apple's mobile operating system rolled out
earlier this month, disables the solution it had been using to
mitigate the effect of the tracker prevention function. ADRS of
Criteo fell 7.13% to $22.68.
Beijing-based China Finance Online, a web-based financial
services company, announced Friday the signing of a cooperation
agreement with China Investment Securities Co. Ltd., a Top 20
brokerage firm in China. Under the agreement, China Finance Online
will provide CISC with cloud-based software products for CISC's
investment advisory and wealth management services. They both also
agreed to hold co-branded events and co-developed training programs
for CISC's wealth management advisors. ADRs of China Finance Online
rose 7.34% to $2.34.
(END) Dow Jones Newswires
December 15, 2017 18:01 ET (23:01 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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