Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  LDK Solar Co., Ltd (ADR)    

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

ADR REPORT: Shares Up As Spanish, Italian Borrowing Rates Fall

share with twitter share with LinkedIn share with facebook
share via e-mail
04/11/2012 | 10:59pm CET
   By Corrie Driebusch 

International companies trading in New York closed sharply higher Wednesday, in line with the broader market, following a drop in Spanish and Italian government borrowing rates.

The Bank of New York index of ADRs rose 1.1% to 124.94.

Bond yields in Italy and Spain fell after a member of the European Central Bank's policy-making council sparked speculation about a restart of the bank's bond-buying program.

Spanish banks Banco Bilbao Vizcaya Argentaria SA (BBVA, BBVA.MC) jumped 5.2% to $7.14 and Banco Santander SA (STD, SAN.MC) rose 2.9% to $6.70.

Deutsche Bank AG (DB, DBK.XE) gained 3.6% to $45.06 and ING Groep NV (ING, INGA.AE) climbed 3.7% to $7.26.

The European index added 1% to 113.88.

UBS upgrades Telefonica SA (TEF, TEF.MC) to neutral from sell, saying the shares have underperformed the telecommunications sector and European market and are "no longer at a premium." Shares of the Spanish company rose 2.3% to $15.40.

Volkswagen (VOW.XE, VLKAY) advanced 3.4% to $30.75 after reporting a 15% rise in global car sales for its VW passenger car brand. That helped lift shares of Daimler (DDAIY, DAI.XE) 2.6% to $54.35.

Offsetting those gains was Nokia Corp. (NOK, NOK1V.HE), whose shares plunged 16% to $4.24 after the telecom firm lowered its first-quarter outlook for its Devices & Services business.

The Asian index climbed 1.5% to 125.52 as solar companies jumped.

LDK Solar Co. Ltd. (>> LDK Solar Co., Ltd (ADR)) traded up 4.3% to $3.37, Suntech Power Holdings Co. (STP, K3ND.SG) surged 7.9% to $2.73, Trina Solar Ltd. (TSL, K3KD.SG) soared 6.1% to $6.75 and Yingli Green Energy Holding Co. (YGE) added 4.8% to $3.49.

The Latin American index gained 0.7% to 354.25 and the emerging markets index ended up 0.9% at 295.46.

Companhia Paranaense de Energia (ELP, CPLE5.BR, CPLE6.BR), the Brazilian electric utility known as Copel, is studying the purchase of assets from rival Grupo Rede, which is going through difficulties and may be broken up, the InfoMoney news agency reported Wednesday. Shares of Copel added 1.2% to $23.82.

-By Corrie Driebusch, Dow Jones Newswires; 212-416-2143; [email protected]

Stocks mentioned in the article : LDK Solar Co., Ltd (ADR)
Stocks mentioned in the article
ChangeLast1st jan.
BANCO BILBAO VIZCAYA ARGENTARIA -1.00% 6.531 End-of-day quote.-8.17%
BANCO SANTANDER -0.82% 5.321 End-of-day quote.-2.88%
COMPANHIA PARANAENSE DE ENERGIA 0.00% 27.25 End-of-day quote.13.83%
DAIMLER -2.30% 67.07 Delayed Quote.-3.07%
DEUTSCHE BANK -3.88% 11.576 Delayed Quote.-24.36%
NOKIA OYJ -3.22% 4.513 Delayed Quote.19.75%
TELEFONICA -0.79% 7.93 End-of-day quote.-2.40%
VOLKSWAGEN -1.93% 157.42 Delayed Quote.-3.57%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on LDK SOLAR CO., LTD (ADR)
2015LDK SOLAR : Announces Annual General Meeting Results
2015LDK SOLAR : Announces Extraordinary General Meeting Results
2014LDK SOLAR : USA Files Chapter 11 Bankruptcy
2014LDK SOLAR : Announces NYSE Review Decision and Hong Kong Convening Order
2014LDK SOLAR : Further Updates Its Request for Review Hearing with NYSE
2014China Breaking Agreement on Solar Panels, Say EU Makers
2014LDK SOLAR : Provides Additional Information on its Request for Review of NYSE Re..
2014LDK SOLAR : Requests Review of NYSE Regulation’s Decision to Suspend Tradi..
2014LDK SOLAR : Cayman Court Authorizes JPLs to Move Forward with Restructuring of L..
2014LDK SOLAR : and its Joint Provisional Liquidators Provide Update
More news
Duration : Period :
LDK Solar Co., Ltd (ADR) Technical Analysis Chart | US50183L1070 | 4-Traders
Income Statement Evolution
Zhi Bin Liu Chairman, President & Chief Executive Officer
Jack K. Lai CFO, Secretary & Executive Vice President
Xiao Feng Peng Chairman Emeritus
Jun Wu Liang Independent Non-Executive Director
Wai Fung Ngai Independent Non-Executive Director
Sector and Competitors