MARKET PULSE-SolarCity, Take-Two, Cree, Nanosphere, PDI
May 14 (Reuters) - Some U.S. stocks to watch on Tuesday:
WALL ST TO OPEN SLIGHTLY HIGHER AS MOMENTUM HOLDS
U.S. stocks were poised for a slightly higher open as investors adjust to slow but steady growth in the economy, which should keep the market's upward momentum after the Dow and S&P 500 hit a succession of record highs. Futures for the S&P 500 were up 1.2 points and the Dow Jones up 3 points, while futures for the Nasdaq 100 slipped 0.25 point.
** TRINA SOLAR LTD, Monday close $5.93, down 6.9 pct premarket
The Chinese solar panel producer estimated panel shipments at between 390 megawatts (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...