On the upside
Xyratex (Nasdaq: XRTX) cited greater demand for lifting its guidance for the first quarter.
Origin Agritech (Nasdaq: SEED) announced a new strategic pesticide unit for premium branded chemical products.
American International Group (NYSE: AIG) announced plans to sell its American Life Insurance Co. unit to MetLife (NYSE: MET) for approximately $15.5 billion in cash and stock.
On the downside
Yingli Green Energy (NYSE: YGE) disappointed with fourth quarter earnings that fell short of expectations.
Reports circulated that Daimler AG (NYSE: DAI) will sell its approximate 5.34% stake in Tata Motors (NYSE: TTM).
Goldman Sachs downgraded AK Steel (NYSE: AKS) citing valuation concerns.
