International stocks trading in New York closed higher on
Thursday. The Bank of New York index of American depositary
receipts rose 0.46% to 153.77. The European index increased 0.5% to
149.73, the Asian index improved 0.46% to 153.63, the Latin
American index rose 0.19% to 296.04 and the emerging-markets index
increased 0.62% to 304.47. Among the companies with shares that
actively traded was Gol Linhas Aereas Inteligentes SA (GOL,
GOLL4.BR).
Brazilian budget airline Gol Linhas Aereas Inteligentes SA (GOL,
GOLL4.BR) said it reduced its quarterly net loss as the World Cup
bolstered revenue. Shares rose 1.7% to $5.84.
Royal Dutch Shell PLC (RDSA, RDSA.LN) said it is selling its gas
assets in Louisiana and Wyoming in two separate deals for $2.1
billion in cash and added acreage in the Marcellus and Utica shale
plays in Pennsylvania. Shares rose 32 cents to $79.33.
Telecom Italia SpA (TI, TIT.MI) confirmed it is considering
making an offer to Vivendi SA (VIVEF, VIVHY, VIV.FR) to merge its
Brazilian telecom unit TIM Participacoes SA (TSU, TIMP3.BR) with
the French company's GVT SA unit. The company said no offer has
been finalized or made. It made the disclosure in a regulatory
filing in response to Brazilian stock exchange requests for
clarification following media reports that Telecom Italia was
interested in acquiring GVT. Telecom Italia shares fell five cents
to $10.80. TIM Participacoes rose four cents to $24.04.
Write to Tess Stynes at tess.stynes@wsj.com
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