MARKET PULSE-SolarCity, Take-Two, Cree, Nanosphere, PDI, Sony
May 14 (Reuters) - Some U.S. stocks to watch on Tuesday:
FUTURES EDGE UP AS INVESTORS SEARCH FOR CATALYSTS
U.S. stock index futures edged higher as investors looked for reasons to push stocks further after a rally that repeatedly took the Dow and S&P 500 to record highs. Futures for the S&P 500 were up 1.3 point and the Dow Jones up 3 points, while futures for the Nasdaq 100 were down 1 point.
** TRINA SOLAR LTD, Monday close $5.93, down 6.9 pct premarket
The Chinese solar panel producer estimated panel shipments at between 390 megawatt (MW) and 400 MW for the first quarter, lower than its prior outlook of 420 MW to 430 MW.
The company also said its profit for the quarter ended March 31 would be hurt by a foreign currency exchange loss in the range of $18.5 million to $19.5 million, and the reversal of an accounts receivables provision of $10.5 million to $11.5 million. Continued...