International stocks trading in New York closed lower Monday,
with the Bank of New York index of American depositary receipts
falling 0.7% to 149.85. The European index dropped 0.5% to 150.90,
the Asian index fell 1.1% to 143.25, the Latin American index shed
1.5% to 251.69 and the emerging markets index fell 1.3% to 22.40.
Among the companies with shares that actively traded was Petroleo
Brasileiro SA (PBR, PETR3.BR, PETR4.BR).
Petrobras raised $8.5 billion from the sale of overseas bonds on
Monday as the oil company continues to borrow cash for its massive
investment plan, though it is paying an increasingly onerous price,
according to The Wall Street Journal, which cited people familiar
with the transaction. Shares of the Brazilian company fell 2% to
$10.68.
Argentina's leading energy company, YPF SA (YPF, YPFD.BA), said
Friday that its profit surged in the fourth-quarter while oil and
gas production also rose from the previous years. Shares edged up
0.1% to $28.39.
Germany is a blueprint for the future of Vodafone Group PLC
(VOD, VOD.LN) in other countries, Vodafone's Chief Executive
Vittorio Colao said at the CeBit fair in Hannover on Monday. Shares
dropped 4.5% to $38.14.
Unilever PLC (UL, ULVR.LN) bought a majority stake in Chinese
water-purification company Qinyuan Group Co., marking its first
acquisition in China in a decade and a strategic move into a market
with high demand for clean water. The Anglo-Dutch consumer-goods
giant known for household brands such as Dove soap and Lipton tea
declined to disclose financial details of the deal, which was
announced Sunday. Shares fell 1.8% to $40.15.
Write to Anna Prior at anna.prior@wsj.com
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