Shares of optical networker Finisar were dropping 38.4% after giving a poor outlook for the current quarter.Dynegy was falling 5.9% after the power company said it may have to seek bankruptcy protection if it's unable to readjust existing loan agreements.
Children's specialty apparel retailer Children's Place was rising 0.3% after reporting fourth-quarter earnings of $1.22 a share, beating the consensus estimate of $1.01 a share.
Chipmaker Texas Instruments told investors it was narrowing its first-quarter revenue and earnings forecast.
Dow component Honeywell expects first-quarter profit that's shy of the Wall Street consensus estimate.
American International Group said Tuesday that it repaid about $6.9 billion to the U.S. Treasury Department as the insurance giant continues to make progress on exiting the large, complex array of bailouts it entered during the financial crisis.
Toyota, the world's No. 1 automaker, said Wednesday it was aiming for annual sales of 10 million vehicles by 2015, with emerging markets making up half of its sales by 2015.
Diamond Foods, the San Francisco-based maker of nuts and other snack products, topped Wall Street expectations for its second-quarter profit but fell short on revenue.
Retailer Men's Wearhouse is expected to report a fourth-quarter loss of 20 cents a share after the closing bell Wednesday.
Apparel retailer American Eagle Outfitters is expected to report fourth-quarter earnings of 43 cents a share before the market open Wednesday.
Large vehicle and engine manufacturer Navistar reported first-quarter loss of 8 cents a share including the impact of costs to integrate its truck and engine engineering operation.
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