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Avago Technologies Ltd. will acquire Broadcom Corp. for $37 billion in cash and stock, the two chipmakers said Thursday. The deal marks further consolidation in the semiconductor industry as rising costs and weak revenue growth force chipmakers to combine. Avago also reported a profit for the second quarter that more than doubled from last year. Earnings per share beat analysts' estimates.

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Pending home sales in the U.S. increased by much more than expected in the month of April, according to a report released by the National Association of Realtors on Thursday, with pending sales jumping to their highest level in nearly nine years.

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With the field widening just about every day, the results of a new Quinnipiac University National poll released on Thursday showed there remains no clear front-runner in the race for the Republican presidential nomination.

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After showing a notable move to the downside in early trading on Thursday, stocks regained some ground over the course of the session but still closed modestly lower. With the drop on the day, the tech-heavy Nasdaq pulled back off yesterday's record closing high.

RickSantorum-052815.jpg A crowded Republican presidential field has received two more long-shot candidates, as former Senator Rick Santorum, R-Penn., and former New York Gov. George Pataki have both thrown their hats into the ring.
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uscapitol-062509_28May15.jpg While the Senate remains adjourned for its Memorial Day break, the Democratic leadership released a statement Thursday urging Senate Majority Leader Mitch McConnell, R-Ken., to pursue passage of the bill known as USA Freedom Act.
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GermanGFK-052715.jpgGermany's consumer sentiment is poised to improve further to its highest value in more than thirteen years in June as strong domestic demand and low inflation boost growth prospects. The forward-looking consumer sentiment rose unexpectedly to 10.2 in June from 10.1 in May, survey data from market research group GfK showed Wednesday. This was the highest score since October 2001.
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Children who experience delayed clamping of the umbilical cord at birth may be more likely to enjoy better motor skills later in life, according to researchers at Uppsala University in Sweden. For the study the researchers followed the development of 382 healthy babies that had their umbilical cords clamped within three minutes after birth or within ten seconds of birth.
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After seeing substantial volatility over the course of the two previous sessions, stocks may move moderately lower in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 56 points.
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UK-based home improvement retailer Kingfisher Plc. (KGF.L) Thursday reported lower retail profit and sales for the first quarter, hurt by adverse currency. Excluding the currency impact, both trading profit and sales were higher. The stock climbed nearly 4 percent in early trade.
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About one-quarter of adults aged 65 years and older used mobility devices—such as canes, walkers, and wheelchairs—in 2011, and about a third of these reported using multiple devices, according to the findings of a Journal of the American Geriatrics Society study. The use of such devices was not linked...
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Vitamin Cottage Natural Food Markets Inc., commonly refered to as "Natural Grocers", is recalling two lots of Natural Grocers brand Macadamia nuts as the product has the potential to be contaminated with the harmful Salmonella bacteria. More
Danish Prime Minister Helle Thorning-Schmidt has called a general election for June 18, nearly three months ahead of schedule. Announcing the election date at a news conference Wednesday, she said "The choice is clear, the time is right." Some of...
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CallOfDuty-052715.jpg Video game publisher Activision Blizzard, Inc. said that the third installment in the Call of Duty: Advanced Warfare will make its debut on June 2. The third downloadable content or DLC pack for Call of Duty: Advanced Warfare, named as 'Supremacy,' will be available first on the Xbox Live online entertainment network for platforms such as Xbox One and Xbox 360.
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Economic Calendar
DateIndicatorPeriodCountry
05/28/15 19:30Household Spending (Y-o-Y)APR Japan
05/28/15 19:30Job-To-Applicant RatioAPR Japan
05/28/15 19:30Participation RateAPR Japan
05/28/15 19:30Unemployment RateAPR Japan
05/28/15 19:30Tokyo Core CPI (Y-o-Y)MAY Japan
05/28/15 19:30Tokyo CPI (Y-o-Y)MAY Japan
Complete Economic Calendar
FDA Calendar
Event DateSymbolDrug NameEvent Name
08/22/2015ALKSAripiprazole Lauroxil (NDA)FDA decision on Aripiprazole Lauroxil for the treatment of schizophrenia
08/22/2015ALKSAripiprazole lauroxil (NDA)FDA decision on Aripiprazole lauroxil for the treatment of schizophrenia
08/11/2015EXELCobimetinib (NDA)FDA decision on Cobimetinib for treatment of patients with BRAF V600 mutation-positive advanced melanoma
07/26/2015AMGNKyprolis (sNDA)FDA decision on Kyprolis for the treatment of relapsed multiple myeloma
07/24/2015REGNPraluent (BLA)FDA decision on Praluent for the treatment of patients with hypercholesterolemia
Complete FDA Calendar