11. American depository receipts, or ADRs, are shares in the United States that represent the stock of publicly traded foreign companies. 12. Among advancing shares were the American depository receipts for Nokia AB, the Finnish maker of telecommunications equipment. 13. And Canon, which only trades American depository receipts, seems to be going full steam. 14. And there are similar securities called global depository receipts that can be listed on stock exchanges in other financial centers, like London. 15. Another factor is the proliferation of American depository receipts, or ADRs. 16. Banco Orsono y la Union, Santiago, Chile, an initial public offering of nine million American depository receipts, each representing one series A share. 17. BP Amoco rebuffed a similar move a week ago, arguing that investors who held their shares in the form of American depository receipts could not initiate shareholder resolutions. 18. A handful of Brazilian companies, like Aracruz Cellulose, Brahma, Telebras and Electrobras, trade as American depository receipts on the New York Stock Exchange. 19. A plan to issue American depository receipts was scrapped earlier this year. 20. After Cisco, the largest increases in short interest were in the shares of MFS Communications Co. and in the American depository receipts of L.M. Ericsson. |
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