June 11, 2013 / 11:24 AM / 4 years ago

MARKET PULSE-Dole Foods, Lululemon Athletica, Mcewen Mining, Corinthian

(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s)

June 11 (Reuters) - Some U.S. stocks to watch on Tuesday:


U.S. stock market were poised to open lower on Tuesday, with all the major futures indexes showing declines. S&P 500 futures , Dow Jones industrial average futures, and Nasdaq 100 futures were down between 0.7 percent and 0.9 percent.

** DOLE FOOD CO INC, Monday close $10.20, up 16 pct premarket

Fruit and fresh vegetable distributor Dole Food Co Inc DOLE.N received an unsolicited buyout offer from Chief Executive David Murdock valuing the company at just over $1 billion.

** CORINTHIAN COLLEGES INC, Monday close $2.79, down 15 pct after market

The U.S. education company said it received a subpoena from the Securities and Exchange Commission. The subpoena requested documents relating to student information in recruitment, attendance, placement, defaults on federal loans, the company said.

** MCEWEN MINING INC, Monday close $2.49, down 5.6 pct premarket

The gold miner lowered its annual production target to 225,000 gold equivalent ounces by 2016 from 290,000 gold equivalent ounces due to lower metal prices and higher cost of capital.

** KINROSS GOLD CORP, Monday close $6.32, down 4.4 pct premarket

Analysts at Canaccord Genuity cut their rating on the gold miner’s stock to “hold” from “buy” after the company said it would not proceed with the development of the Fruta del Norte project in Ecuador.

** DIAMOND FOODS INC, Monday close $17.54, up 5 pct after market

The company said it will restate its consolidated financial statements for the three- and six-month periods ended Jan. 31 due to an error in calculation of diluted earnings per share.

** TEXAS INSTRUMENTS, Monday close $36.62, down 1.6 pct after market

The company on Monday narrowed its forecast range for current-quarter revenue, bringing it in line with Wall Street estimates, as new semiconductor orders rose after a drop last year.

** CROSSTEX ENERGY LP, Monday close $21.09, down 4.5 pct after market

The pipeline company said it was offering 6 million units for sale and would use the proceeds to fund capital expenditure for already identified projects, including its Cajun-Sibon natural gas liquids pipeline expansion project.

** CARDIONET INC, Monday close $3.21, up 31 pct after market

The company said its heart-monitoring solutions will receive insurance coverage from UnitedHealthcare Insurance Co from July 1. CardioNet said the three-year agreement would apply to all of the insurer’s affiliates including managed Medicare and Medicaid plans.

** LDK SOLAR CO LTD, Monday close $1.64

The Chinese solar panel maker is expected to report its eighth straight quarterly loss due to weak panel prices.

** LULULEMON ATHLETICA INC , Monday close $82.28, down 15 pct after market

The premium yogawear chain, its fortunes dented by an embarrassing and costly recall of excessively see-through pants, said on Monday that Chief Executive Christine Day will step down once it finds a replacement.

** CYS INVESTMENTS INC Monday close $10.23, up 3.6 pct after market

The company that invests in agency residential mortgage-backed securities (RMBS) on Monday raised its quarterly dividend to 34 cents from 32 cents.

** SPRINT NEXTEL CORP, Monday close $7.18

** DISH NETWORK CORP, Monday close $38.86

Japanese mobile operator SoftBank said it had agreed with Sprint to raise its offer for the U.S. wireless carrier to $21.6 billion from $20.1 billion, as it fights off a counter bid by Dish.

** FACEBOOK INC, Monday close $24.33, down 0.6 pct premarket

The social networking company will host its first annual shareholder meeting since becoming a public company last year. With facebook’s stock still well below the offering price, investors will be looking for updates on near-term business prospects as well as on trends in user activity and engagement on its website.

** YUM BRANDS INC, Monday close $72.47

The fast-food restaurant operator reports China sales for May, which may show whether sales are rebounding now that avian flu infections are waning. (Compiled by Aditi Shrivastava; Editing by Sreejiraj Eluvangal)

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