Apple and four major publishers have offered to let retailers such as Amazon sell e-books at a discountfor two years to end an EU antitrust investigation, according to the the European Commission. Apple shares closed above $700 for the first time on Tuesday, a day after the tech giant said its iPhone 5 sales set a record over the weekend.
Big-box retailer Wal-Mart and health care insurer Humana will join efforts to trim the cost of healthy foodsfor more than 1 million customers.
Microsoft increased its quarterly dividendby 15 percent to 23 cents a share.
Among earnings, AutoZone tumbled after the auto-parts retailer said quarterly sales growth slowed.
General Mills edged higher after the food producer reported better-than-expected earnings and stood by its full-year guidance.
Adobe and Bed Bath & Beyond are slated to post earnings after the closing bell.
—By CNBC’s JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)
Coming Up This Week:
WEDNESDAY: Existing home sales, oil inventories; Earnings from Adobe Systems, Bed Bath & Beyond
THURSDAY: Jobless claims, Philadelphia Fed survey, leading indicators, Fed's Kocherlakota speaks; Earnings from CarMax, ConAgra, Rite Aid, Oracle
FRIDAY: Quadruple witching, Fed's Lockhart speaks, iPhone 5 shipping date
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