Moody's will buy the remainder of research and analytics company Copal Amba that it does not already own and raised its profit expectations for the year.
Shares of some top coal companies are up at 1 p.m.: Arch Coal rose $.01 or .2 percent, to $2.09.
Shares of some top chemicals companies are down at 1 p.m.: Dow Chemical Co. fell $.65 or 1.2 percent, to $52.77.
Shares of some top aerospace companies are mixed at 1 p.m.: Boeing fell $.76 or .6 percent, to $128.01.
Shares of some top autos companies are mixed at 1 p.m.: Ford Motor Co. fell $.22 or 1.5 percent, to $14.89.
Johnson & Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion.
Building products maker Masco is spinning off its installation and other services division in a series of moves aimed at boosting shareholder value.
Walgreen Co. (WAG) on Tuesday reported a loss of $239 million in its fiscal fourth quarter.