(Read More: See the Day's Top Percentage Winners & Losers)
Qualcomm - Goldman Sachs has removed the chipmaker's stock from its "Conviction Buy" list, although it's maintaining a "buy" rating. Goldman sees the chipset market peaking this year, and notes that Qualcomm shares have doubled since the stock was added to the "Conviction Buy" list in July of 2010.
Staples - The office supplies retailer earned $0.46 per share for the fourth quarter, excluding certain items, one cent above estimates, and also raised its quarterly dividend by one cent to $0.12. On the negative side, its revenue was below consensus, as is its full-year forecast, on weakness in Europe and North America.
Big Lots - The retailer earned $2.09 per share, excluding certain items, for the fourth quarter, above estimates of $1.98, with revenue also above consensus.
Toyota Motor - The automaker has chosen former General Motors executive Mark Hogan to its board of directors, the first board member Toyota has ever appointed from outside Japan.
Ford Motor - CEO Alan Mulally has been awarded performance bonuses worth almost $12 million, according to a U.S. Securities and Exchange Commission filing. The award comes in the form of shares that were worth $11.7 million based on Tuesday's closing price, though the final value will depend on when Mulally actually sells them.
Google - Google has reportedly struck a licensing deal with Warner Music for two music services it will launch later this summer, according to Billboard magazine. Separately, Google is testing same-day delivery service with various retailers, a move onto turf long dominated by Amazon.com.
Apple - The company is said to have held talks with audio technology firm Beats Electronics about a potential partnership involving Beats' planned music streaming service. Reuters reported Apple CEO Tim Cook met with Beats CEO Jimmy Iovine last month to explore the idea.
(Read More: Innovation Key for Investors to Bite Into Apple Again)
Microsoft - Microsoft has been fined 561 million euros ($731 million) for violating its pledge to provide Windows users in Europe a choice of Internet browsers.
J.M. Smucker - The food producer has signed a sponsorship deal with the U.S. Olympic Committee. Financial terms of the deal, which runs through 2016, were not disclosed.