The following video is from Tuesday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Jason Moser and Michael Olsen dissect the hardest-hitting investing stories of the day.
National Oilwell Varco (NOV -1.06%) is up on the news that it will spin off its distribution business in 2014. Applied Materials (AMAT 4.78%) hits a five-year high on the announcement that it is merging with Tokyo Electron to form a $29 billion chipmaking equipment giant. Boeing (BA -0.18%) stock is on the rise despite losing out on a contract to provide 60 F-15 fighters to South Korea. And third-quarter profits for Carnival Cruise Line (CCL 7.11%) fell 30%. In this segment, Jason and Michael take a look at four stocks making moves.