NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Nokia Corp., up 36 cents to $7.58
China approved the sale of the communication company’s mobile phone unit to Microsoft, removing one of the last major hurdles for the $7.3 billion deal.
Humana Inc., down 73 cents to $111.27
Medicare Advantage coverage providers slipped after the federal government issued a final rate announcement that some see as another funding cut.
Nike Inc., up $2.09 to $72.92
With the shares down sharply this year, Stifel Nicolaus upgraded the athletic gear maker’s stock and set a price target of $87.
CVS Caremark Corp., down 65 cents to 73.18
The drugstore chain finalized a $20 million settlement with regulators over accusations that it misled investors and used improper accounting to boost its performance several years ago.
Amazon.com Inc., up $9.31 to $327.07
The online retailer turned entertainment hub announced that video streams on its Prime Instant Video almost tripled last year.
Alkermes PLC, up 98 cents to $42.08
The Irish drugmaker said its experimental antipsychotic drug performed better than a placebo in a late-stage clinical study.
DirecTV, up $2.04 to $78.77
The Weather Channel is returning to DirecTV after a three-month dispute that saw the cahnnel dropped to some 20 million U.S. viewers.
Mylan Inc., down 76 cents to $47.64
A sell-off in the generic pharmaceutical company’s shares goes on another day after Swedish drug company Meda rebuffed a takeover bid.