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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ING Groep NV | NYSE:ING | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.13 | 0.76% | 17.18 | 17.21 | 17.0022 | 17.10 | 4,083,595 | 01:00:00 |
International stocks trading in New York closed mixed Wednesday, with the Bank of New York index of American depositary receipts rising 0.2% to 154.15. The European index added 0.3% to 155.20, the Asian index fell 0.6% to 141.15, the Latin American index added 1% to 295.71 and the emerging markets index rose 0.2% to 281.11. Among the companies with shares that actively traded were Delhaize Group (DEG, DELB.BT) and ING Groep NV (ING, INGA.AE).
Delhaize's first-quarter net profit rose more than 50% thanks to lower exceptional charges and despite competition squeezing operating. Shares jumped 5.1% to $19.08.
ING posted its first quarterly loss for over four years as the Dutch bank was hit by charges related to the final phase of its overhaul. The Netherlands' largest bank of assets reported that its bottom line was hit by a loss on its stake in Voya Financial Inc., the U.S. insurer ING floated last year. Shares of ING edged up 0.4% to $14.20.
Anheuser-Busch InBev NV (BUD, ABI.BT) reported a surge in revenue during the first quarter, but weakness in the U.S., AB InBev's largest market, clouded the brewing giant's outlook. The maker of Budweiser, Stella Artois and Corona, said shaky results in the U.S. during the quarter were mainly the result of the unusually cold winter, which kept consumers away from bars and restaurants. Shares still rose 1.8% to $108.32.
Siemens AG's (SI, SIE.XE) chief executive detailed a strategic revamp designed to strengthen the company's competitiveness after it reported a rise in second-quarter net profit. The engineering conglomerate said it plans significant cost cuts and expects synergies from the acquisition of Rolls-Royce's energy business, part of a package of measures unveiled late Tuesday. Shares rose 2.4% to $133.75.
Vodafone Group PLC (VOD, VOD.LN), seeking to resolve a multibillion-dollar tax dispute with India, has served an international arbitration notice to the South Asian country's government. Shares edged up 0.5% to $38.15.
French utility Veolia Environnement SA (VE, VIE.FR) said that 2014 started well and reaffirmed its targets for the year, with first-quarter earnings supported by a mild winter that benefited its waste and water businesses. Shares still feel 2.5% to $18.10.
Write to Anna Prior at anna.prior@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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