Asian Rally Lifts Markets To Higher Open
A rally in the Asian markets lifted domestic markets to a higher open with the Dow adding 6 points to 10,572. Nasdaq rose 5 points to 2331.
A rally in the Asian markets lifted domestic markets to a higher open with the Dow adding 6 points to 10,572. Nasdaq rose 5 points to 2331.

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.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
By accessing this page, you agree to the following terms and conditions.
Conference calls info supplied by OpenCompany
Fundamental data supplied by Morningstar
Stock quotes supplied by Telekurs USA
Bots go here