ADRs End Higher; Ryanair, Criteo Trade Actively

FeaturesDow Jones Newswires

International stocks trading in New York closed higher on Friday.

The BNY Mellon index of American depositary receipts rose 0.04% to 150.41. The European index decreased 0.1% to 139.90. The Asian index went increased 0.2% to 177.75. The Latin American index increased 0.4% to 237.79. And the emerging-markets index rose 0.5% to 318.13.

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Ryanair Holdings Plc (RYAAY), Criteo SA (CRTO), and China Finance Online Co. Ltd.(JRJC) were among those with ADRs that traded actively.

Ireland-based Ryanair said Friday that it would recognize pilot unions, after weeks of tensions and the threat of strikes before Christmas. The British Airline Pilots' Association said it accepted Ryanair's offer and asked to include in the discussions the U.K.'s Trades Union Congress and the Advisory, Arbitration and Conciliation Service. The German Airline Pilots' Association, Vereinigung Cockpit e.V, said in a statement that it would call off planed strikes as soon as a date for the start of negotiations was set. ADRs of Ryanair dropped 5.2% to $106.59.

France-based ad tech company Criteo's shares continued to fall Friday after the company said Thursday a recent move by Apple Inc. to strengthen its ad tracker prevention is going to negatively affect Criteo's revenue more than anticipated. Criteo said iOS 11.2, the new version of Apple's mobile operating system rolled out earlier this month, disables the solution it had been using to mitigate the effect of the tracker prevention function. ADRS of Criteo fell 7.13% to $22.68.

Beijing-based China Finance Online, a web-based financial services company, announced Friday the signing of a cooperation agreement with China Investment Securities Co. Ltd., a Top 20 brokerage firm in China. Under the agreement, China Finance Online will provide CISC with cloud-based software products for CISC's investment advisory and wealth management services. They both also agreed to hold co-branded events and co-developed training programs for CISC's wealth management advisors. ADRs of China Finance Online rose 7.34% to $2.34.

(END) Dow Jones Newswires

December 15, 2017 18:01 ET (23:01 GMT)