MARKET PULSE-Alcoa, Eli Lilly, Edwards Lifesciences
Oct 9 (Reuters) - Some U.S. stocks to watch on Tuesday:
(For The Day Ahead newsletter click on ) INDEX FUTURES DIP; EYES ON ALCOA
U.S. stock index futures edged lower on Tuesday, indicating the benchmark S&P index may fall for a third straight session after a warning from the IMF about global growth prospects.
** ALCOA INC , Monday close $9.12, up 0.5 pct post-market
The aluminum company, expected to report third-quarter results after market close, looks likely to scrape by with a thin profit as its transport and aerospace products businesses help compensate for a weak global metal price environment.
** YUM BRANDS , Monday close $66.94,
Analysts expect the restaurant company to post higher third-quarter profit when it reports results on Tuesday.
** CHEVRON CORP , Monday close $117.62
The second-largest U.S. oil company will likely have few highlights to showcase with its interim update on the third quarter on Tuesday.
** PROCTER & GAMBLE CO , Monday close $69.10,
The company will meet shareholders at its annual meeting in Cincinnati before markets open.
** CONTINENTAL RESOURCES INC , Monday close $1.11
The top oil producer in North Dakota's booming Bakken basin will detail its five-year growth plan for investors in Oklahoma City on Tuesday morning.
** ELI LILLY AND CO , Monday close $50.78, up 1.4 pct premarket
The company said its experimental Alzheimer's drug led to a 34 percent reduction in memory decline for patients with mild symptoms over a period of 18 months, giving it potential ammunition to seek approval for the medicine that showed no benefit in more advanced stages of the disease.
Goldman Sachs raised the stock to "neutral," reported Benzinga.com.
** AMAZON.COM INC , Monday close $259.06
The company's deal to purchase streaming movies from cable network Epix could transform the way such deals are done, thanks to a pay-for-performance sweetener that had not been previously disclosed.
Janney Capital Markets raised its fair value on the stock to $300 from $250.
** EDWARDS LIFESCIENCES CORP , Monday close $107.41, down 15.8 pct post-market
The medical device maker cut its revenue forecast for the third quarter on Monday as sales of its unique heart valve that was expected to drive results fell short of estimates.
Canaccord Genuity and Barclays Capital cut their price targets on the stock.
** Principal Financial Group Inc , Monday close $27.77
The insurer and asset manager said it will buy Chilean pension company AFP Cuprum for about $1.51 billion to expand in emerging markets.
** BOSTON SCIENTIFIC CORP , Monday close $5.75
The company said it will buy privately held Rhythmia Medical Inc for $90 million to gain access to its three-dimensional navigation system that assists doctors in performing complex heart procedures on patients with dangerously irregular heart rhythms.
** ANGIODYNAMICS INC , Monday close $12.82, down 4.8 pct post-market
The medical devices maker reported a surprise loss for the first quarter and forecast full-year earnings much below analysts' expectations, according to Thomson Reuters I/B/E/S.
** CRACKER BARREL OLD COUNTRY STORE INC , Monday close $67.47
The casual dining chain said it was looking into allegations by largest shareholder Biglari Holdings Inc about incoming chairman James Bradford's professional record.
(Complied by Aditi Shrivastava in Bangalore)
Keywords: MARKETS USA STOCKS/PULSE