Midday Movers: GS, MS & More

Take a look at some of Tuesday's midday movers:

Goldman Sachs traded higher after reports that the investment bank will not delay bonuses in the UK for tax purposes. The investment bank is expected to report quarterly earnings Wednesday before the market open.

Morgan Stanley also traded higher. The financial services company will defer 100 percent of senior investment bankers' bonuses over three years.

QLogic traded higher but were off its highs for the session after raising its guidance on both earnings and revenue for its fiscal third quarter.

Krispy Kreme announced a tax asset protection plan designed to discourage any person from becoming a 5 percent shareholder and reduces the likelihood of an unintended "ownership change". Shares of the doughnut retailer were lower on the news.

Apple continued to trend down, trading below $485 per share at the lows of the session.

And two small retailers warned sales were below expectations for the holidays—Body Central and Coldwater Creek both traded down.

—By CNBC's Lori Spechler

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