Yahoo Finance is tracking Amazon, Apple, Nokia, Toll Brothers and Wal-Mart in intraday trading on Tuesday.
Amazon (AMZN) – The e-commerce giant is expanding its streaming coverage as it tries to better compete with traditional TV networks. Amazon announced that Prime users in the UK and Germany will now be able to stream live TV channels. Subscribers will have to pay an extra fee.
Nokia (NOK), Apple (AAPL) – The two technology giants have settled their five-month patent dispute and have agreed to a multi-year patent license. Under the terms of the settlement, Nokia will provide network infrastructure products and services to Apple, and Apple will carry Nokia digital health products in its retail stores and online.
Toll Brothers (TOL) – The homebuilder posted a 40% jump in profits, driven by higher demand for its homes. Orders climbed 26% during the quarter to 2,511, its best order growth in almost three years. Toll Brothers topped Wall Street earnings estimates on both the top and bottom lines, posting earnings per share of 73 cents on revenue of $1.36 billion. Analysts were had expected EPS of 63 cents and revenue of $1.27 billion.
Wal-Mart (WMT) – The world’s largest retailer is betting big on Florida. Wal-Mart announced that it is opening nine new stores in the state and expects to create more than 800 jobs. The company also said it plans to build a distribution center for perishable goods in Coca, Florida, and will soon announce the grand opening of its e-commerce distribution center in Davenport, Florida. The Davenport center currently employs about 550 workers and has plans to add 1,000 more employees over the next year.
For more on Tuesday’s big stock movers, check out the Final Round, live at 4 p.m. ET, right here on Yahoo Finance.