TOP STORIES 
 
GLOBAL STOCKS BROADLY HIGHER, WHILE DOLLAR STRENGTHENS 

U.S. stocks traded higher Tuesday, while the dollar strengthened against the euro and yen.

TRANSDIGM TO ACQUIRE DATA DEVICE CORP. FOR $1 BILLION 

TransDigm Group Inc. agreed to acquire the parent of defense firm Data Device Corp. from Behrman Capital for $1 billion in cash.

BEST BUY ISSUES SOFT PROFIT OUTLOOK 

Best Buy reported revenue for the latest quarter that fell less than analysts were expecting amid strong appliance sales, but issued a soft profit forecast for the current quarter and said its financial chief was stepping down next month.

FED RATE RISE 'WOULD BE GOOD NEWS FOR GLOBAL ECONOMY' 

A rate increase by the U.S. Federal Reserve would be good news for the world economy and demonstrate that central-bank stimulus policies are working, the European Central Bank's Vice President Ví tor Constâ ncio said Tuesday.

NANT HEALTH SEEKS $82 MILLION IN IPO 

Nant Health, the biomolecular medicine company run by a Los Angeles billionaire entrepreneur, said it sees its stock pricing between $12.50 and $15.50 a share in its coming initial public offering.

DSW POSTS SMALLER PROFIT, SLASHES OUTLOOK 

Disappointing shoes sales at DSW Inc. dragged earnings down by more than a third in its first quarter, prompting the retailer to slash its outlook for the year.

GOOGLE'S FRENCH HEADQUARTERS RAIDED BY TAX INVESTIGATORS 

Dozens of tax investigators raided Google's French headquarters, part of a continuing probe into alleged tax evasion by the Internet giant, prosecutors said.

DEBT STANDOFF HOBBLES GREEK BAILOUT TALKS 

Eurozone finance ministers and the International Monetary Fund are having another go at resolving a standoff over Greece's bailout which has held up new aid payments for the country.

COCA-COLA REDRAWS ITS INTERNATIONAL STRUCTURE 

Coca-Cola rolled out plans to remake its international structure, as it looks to support its changing bottler footprint.

COCA-COLA ENTERPRISES SHAREHOLDERS APPROVE MERGER 

Coca-Cola Enterprises shareholders voted to approve the company's proposed bottling merger, which would create the largest independent Coke bottler by sales world-wide.

MEXICAN CONSUMER PRICES DOWN IN EARLY MAY 

Mexican consumer prices fell more than expected in the first half of May, leaving the annual inflation rate below the central bank's 3% target thanks to lower energy costs and declines in prices of fresh produce.

VALSPAR MISSES EXPECTATIONS; PAINT VOLUMES SLIDE 

Valspar Corp., in the midst of a merger with rival Sherwin-Williams Co., said earnings in its latest quarter fell amid restructuring costs and lower paint sales.

KANSAS CITY SOUTHERN EXPECTS ROUGH 2016 FOR RAIL INDUSTRY 

Shipping crude oil is going to become an increasingly unpredictable business for railroads, as refiners have now demonstrated they will turn to the cheapest source for oil no matter its location.

TOLL BROTHERS RESULTS BEAT FORECASTS 

Home builder Toll Brothers reported better-than-expected profit and revenue in the second quarter, helped by higher pricing and contracts.

KIRKLAND'S MISSES VIEWS 

Kirkland's profit tumbled 64% in the first quarter as the home-decor retailer logged sales growth below expectations.

SWISS START CRIMINAL PROCEEDINGS AGAINST BSI OVER 1MDB 

Authorities in Switzerland said Tuesday they have opened a criminal investigation of Swiss private bank BSI SA for failing to prevent suspected money laundering and bribery relating to its dealings with Malaysian state investment fund 1MDB.

OIL PRICES DOWN AS SUPPLY CONCERNS MOUNT 

Prices dipped lower as analysts weighed a strengthening dollar and rising fears over global oversupply.

ECB WARNS AGAINST RISE OF POPULISM 

The European Central Bank warned that the rise of populist political forces in Europe could slow the implementation of needed economic reforms, thus leading to market pressure on vulnerable countries.

AIRBUS TACKLES ITS PROCRASTINATION PROBLEM 

Airbus executives are trying to end what has become an unwanted annual rite: the plane maker's scramble to hit its year-end jet-delivery promise.

OLD MUTUAL RECEIVES APPROACHES FOR OM ASSET MANAGEMENT 

Old Mutual said it has received a number of approaches from third parties to buy its stake in OM Asset Management, as the financial services group explores ways to separate its four main businesses.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Election 2016 
POLL FINDS LACK OF ENTHUSIASM FOR CLINTON AND TRUMP 
 

Hillary Clinton and Donald Trump share a defining asset that is fueling support for both in the 2016 presidential race: voters' animus toward the other candidate.

 
Technology 
STARTUP INVESTORS INVOKE OBSCURE LAW TO OPEN UP BOOKS 
 

A Delaware corporate law, which can compel locally incorporated firms to open their books to shareholders, is a potentially valuable tool for thousands of tech workers and other small investors questioning their shares' worth.

(END) Dow Jones Newswires

May 24, 2016 10:03 ET (14:03 GMT)

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