NEW YORK ( TheStreet) -- Shares of Best Buy ( BBY) were jumping 7.4% to $30.96 in premarket trading Tuesday after the consumer electronics retailer reported first-quarter profit of 35 cents a share vs. the average analyst estimate of 33 cents a share.
Shares of infectious diseases treatment developer Siga Technologies (SIGA - Get Report) were plunging 8.8% to $11.03 following a report that Congress plans to investigate the company's recent receipt of a government contract worth up to $2.8 billion.
Struggling mobile phone maker Nokia (NOK - Get Report) said Tuesday it settled patent litigation with iPhone maker Apple (AAPL - Get Report), including the withdrawal by both companies of their complaints to the International Trade Commission. Nokia shares were popping 3.9% to $6.35, while Apple shares were up 0.7% to $329.
Financial and economic information services provider FactSet Research Systems (FDS - Get Report) reported third-quarter earnings of 92 cents a share, in line with estimates. Shares were falling 2.2% to $102.
Internet search leader Google (GOOG) has reportedly applied for a license to continue operating its mapping services in China. Google shares were up 0.8% to $508.99.
Computer and printer maker Hewlett-Packard (HPQ - Get Report) has named longtime executive Ann Livermore to its board, and said the heads of three of its customer-facing units would now report directly to CEO Leo Apotheker. Shares were up 0.4% to $34.80.
Automaker Honda (HMC - Get Report) expects its fiscal year 2012 profit to fall more than 63%.
Medical devices company AngioDynamics (ANGO - Get Report) expects to earn 10 cents to 11 cents a share in the fourth quarter vs. the average analyst estimate of 14 cents a share.
Car and truck rental company Avis Budget Group (CAR - Get Report) said it will buy Avis Europe for about $1 billion. >>Search for Highest Dividends by Rate or Yield
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