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Wary of 'dangerous cocktail,' markets watch data

With an eye on the dollar and rates, traders are watching pending home sales and weekly jobless claims data Thursday.
Source: CNBC.com | By: Patti Domm
Macau fears overblown?  

Jason Ader, SpringOwl Asset Management founder, CIO and CEO, discusses whether there is still value in Macau.
Source: CNBC.com
After-hours buzz: Palo Alto, Teva, Analog & more

Check out the companies making headlines after the bell Wednesday: Palo Alto, Teva, Analog Devices & more.
Source: CNBC.com | By: Karma Allen
Broadcom deal makes sense: Pro  

Insight on M&A in the chip space, with Romit Shah, Nomura Securities.
Source: CNBC.com
UPDATE 1-Canada wildfires rage on, intensify near oil sands sites

CALGARY, Alberta, May 27- A wildfire raging in northeastern Alberta near two major oil sands projects nearly doubled in size to 17,000 hectares on Wednesday, although firefighters made some progress tackling blazes elsewhere in the oil-rich Western Canadian province. The fires have forced energy companies operating in Alberta, the largest source of U.S. oil...
Source: Reuters | By: Nia Williams and Scott Haggett
INSIGHT-All at sea: Australia's search for MH370 under scrutiny

Experts involved in past deep water searches say the search to find MH370 could easily miss the plane as Dutch company Fugro NV, the firm at the forefront of the mission, is using inappropriate technology for some terrain and inexperienced personnel for the highly specialized task of hunting man-made objects. "Fugro is a big company but they don't have any...
Source: Reuters | By: Swati Pandey and Jane Wardell
With "attitude shift", Takata moves from denial to compromise in air bag crisis

BEIJING, May 28- Japan's Takata Corp, which for months resisted U.S. regulators' demands to widen a recall over its potentially lethal air bags, has had an "attitude shift" and is in a mood to compromise to try to resolve the ballooning auto safety crisis, said a person close to the company. "'There's no use or gain in fighting the regulators' is how one Takata management...
Source: Reuters | By: Norihiko Shirouzu
UPDATE 2-Avago nears deal for fellow chipmaker Broadcom - sources

May 27- Avago Technologies Ltd is close to an agreement to acquire fellow chipmaker Broadcom Corp, people familiar with the matter said on Wednesday, in a deal that could boost Avago's clientele of top-tier smartphone companies. A deal between Avago and Broadcom could come as early as this week, the people said, cautioning that the negotiations had not yet been...
Source: Reuters | By: Greg Roumeliotis
Teva discloses 1.35 pct stake in target Mylan

May 27- Teva Pharmaceutical Industries Ltd disclosed a 1.35 percent interest in Mylan NV, saying the purchase underscored its commitment to buy Mylan as soon as possible. Teva proposed to buy Mylan for $82 per share, or about $43 billion, in cash and stock last month. Mylan rejected the offer saying it "grossly undervalued" the company, setting up a three-way battle...
Source: Reuters
Tiffany and Michael Kors are big market movers

NEW YORK- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Tiffany& Co., up $9.01 to $94.54. Michael Kors Holdings Ltd., down $14.66 to $45.93.
Source: The Associated Press