China's slowdown is also affecting its casino businesses and Macau-based Sands China Ltd's less than expected first quarterly earnings report is an example of that.

The casino is a unit of Las Vegas Sands Corp. The economic slowdown in the world's second largest economy has also affected visitor spending. Sheldon Adelson, the chairman and chief executive officer of Las Vegas Sands Corp expects future improvement from growing number of mass market gamblers and tourists.

Japanese car maker, MitsubishiMotors has made a public admission that it has found evidence that its employees manipulated emissions test data.

The creditors of Shilton& Brown Demolition are struggling to recover losses since the firm went to liquidation on 8 April.

Cloud and visualization software provider VMware Inc reported quarterly revenue that surpassed expectations. It was mostly helped by sturdy sales of the company's newer virtualization software. The company said it will buy back $1.2 billion Class A stock in 2016.

VMware, based in Palo Alto, California was struggling on several fronts and its hopes that its new products will work out to balance drop in demands for the traditional server-virtualization software seems to have been answered well.

Lexmark International Inc. headquartered in Lexington, Kentucky, agreed to be bought by an Apex Technology Co. and PAG Asia Capital led consortium. The deal for the laser printer maker is valued at $3.6 billion.

It's an all cash deal and will pay $40.50 per Lexmark share. The investment will be financed through equity contributions coming from the consortium of buyers and debt financing. One of the members in the consortium is Legend Capital Management Co.

On Tuesday, for the first quarter, Intuitive Surgical Inc reported better than expected profit on increased use of its da Vinci robots in the United States for general surgeries like hernia. The company increased its full-year outlook for growth in procedure.