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) 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) said Tuesday it settled patent litigation with iPhone maker Apple (AAPL), 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) 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) 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) expects its fiscal year 2012 profit to fall more than 63%.
Medical devices company AngioDynamics (ANGO) 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) said it will buy Avis Europe for about $1 billion. >>Search for Highest Dividends by Rate or Yield
|More on Earnings Today's Top Earnings|
>To contact the writer of this article, click here: Andrea Tse. >To follow the writer on Twitter, go to Andrea Tse. >To submit a news tip, send an email to: email@example.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV