DJIA: 18,022.49  -103.63 (-0.57%) | NASDAQ: 5,080.735  -17.241 (-0.34%) | S&P 500: 2,110.95  -9.84 (-0.46%) Markets status unavailable

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    Broadcom (BRCM) shares jumped 14.92% to $53.68 in afternoon trading on Wednesday following reports that the company is in advanced talks to be purchased by Avago Technologies,The stock is trading on more than triple its three month daily average volume at 21.3 million shares so far today.The Irvine,CA-based tablet and smartphone semiconductor manufacturer could be the latest takeover target in a semic...

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    British Airways parent, Imperial Tobacco gain. U.K. stocks jumped Wednesday, following reports Greece and its creditors were getting close to a debt deal, and as International Consolidated Airlines PLC and Imperial Tobacco Group PLC each rose on deal talks. The FTSE 100 gained 1.2% to 7,033.33, the highest close in nearly three weeks, after media reports late Wednesday afternoon indicated that Greece's Prime Minister Alexis Tsipras is nearing a deal with international...

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    Shares of Nokia Corp. (NOK) are higher by 2.37% to $7.35 in late morning trading on Wednesday, after the Finnish tech device company said it is acquiring the U.S.-based company Eden Rock Communications for an undisclosed amount in order to boost its multivendor SON radio optimization capabilities. The company said the purchase "reaffirms its vision" of becoming the "vendor of choice" in this sector.

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    The Irish government has thrown its support behind International Airlines Group's €1.4 billion bid for Aer Lingus Holdings, removing a major obstacle to a takeover, which would give the British Airways and Iberia parent vital new transatlantic capacity at Dublin Airport.

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    Shares of WiFi networking company Meru Networks (MERU) are higher by 14.75% to $1.60 on heavy volume in mid-morning trading on Wednesday, after announcing it is being acquired by cyber security solutions provider Fortinet Inc. (FTNT) for approximately $44 million. So far today, 4.37 million shares of Meru Networks (MERU) have exchanged hands as compared to its average daily volume of 161,000 shares.

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    Italian mobile phone operator Wind is about to sign a non-disclosure agreement with Metroweb shareholders which could be a prelude to buying a stake in the fibre optic network provider or simply end up as a commercial deal, two sources close to the matter told Reuters on Wednesday.

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    Reynolds American (RAI) shares are up 1.95% to $76.93 in early market trading on Wednesday after the company won U.S. antitrust regulatory approval for its proposed $27.4 billion bid to purchase rival Lorillard (LO) following the closing bell yesterday.The merger would combine the country's second and third largest tobacco companies and is contingent on the two cigarette makers divesting four of their bra...

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    Critical information ahead of the market's open. The way premarket is setting up, dawn raids on FIFA officials at a Zurich hotel may make for the best show in town today. But finance chiefs from the G7 gathered in Dresden may be determined to get someone's attention.

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    Germany's defense minister held out the prospect of more talks on a possible sale of Eurofighter jets to India and, on a visit to New Delhi, said on Wednesday Berlin stood ready to back a multi-billion-dollar Indian submarine project.

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    Charter expected to seek fees from other TV providers for games. Los Angeles Dodger fans shouldn't expect much relief from the planned merger of Charter Communications (CHTR) with Time Warner Cable. That's the view of cable industry analysts, who say they aren't optimistic that the circle of subscribers getting Dodger games is unlikely to expand much in coming months beyond those who now will be able to watch the boys in blue via Charter-Time Warner.