International stocks trading in New York were mixed on
Wednesday. The BNY Mellon index of American depositary receipts
edged down 0.48% to 142.03. The European index decreased 0.53% to
140.10, the Asian index edged up 0.03% to 147.42, the Latin
American index fell 2.1% to 217.33 and the emerging markets index
declined 0.69% to 263.51. Among the companies with shares that
actively traded was ARM Holdings PLC (ARMH, ARM.LN).
ARM Holdings said its fourth-quarter profit beat expectations on
strong demand for smartphones and as the U.K. company benefited
from year-earlier investments to acquire patents. The designer of
basic chip technology found in more than 95% of smartphones
reported strong demand for both sophisticated processors that power
phones such as Apple Inc.'s iPhone 6, as well as lower-energy chips
used in simpler objects like fitness bands and other sensors.
Shares rose 3.2% to $50.31.
America Movil SAB (AMOV, AMX, AMX.MX) shares declined Wednesday,
a day after the Mexico telecommunications company posted a sharp
drop in fourth-quarter earnings. The company, controlled by
billionaire Carlos Slim, reported that foreign-exchange losses
resulting from a weaker Mexican peso and lower operating profit
offset modest revenue growth. Shares fell 3.7% to $20.59.
Dutch bank ING Groep NV (ING, INGA.AE) said Wednesday that it
would pay its first dividend since the global financial crisis of
2008 as it reported a sharp rise in fourth-quarter net profit.
Shares rose 3.5% to $13.16.
Write to Tess Stynes at tess.stynes@wsj.com
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