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Sept. 10 (Reuters) - Some U.S. stocks to watch on Tuesday:
FUTURES CLIMB ON ROSY CHINA DATA, EASING SYRIA FEARS
U.S. stock index futures rose, putting the S&P 500 on trackfor a sixth day of gains, following another batch of rosyeconomic data out of China and as expectations eased about aWestern military strike against Syria. S&P 500 futures were up 0.65 percent, Dow Jones industrial average futures were up 0.62 percent, and Nasdaq 100 futures wereup 0.7 percent.
** APPLE INC, Monday close $506.17, up 0.5 pctpremarket
Apple is expected to introduce a cheaper version of theiPhone on Tuesday, bringing one of the industry's costliestsmartphones within reach of the masses in poorer emergingmarkets.
** MCDONALD'S CORP, Monday close $96.45, up 1 pctpremarket
The fast food chain reported a better-than-expected 1.9percent rise in global sales at established restaurants inAugust, boosted by stronger sales in Europe.
** ADVANCED MICRO DEVICES INC, Monday close $3.69,up 2 pct premarket
The chipmaker, targeting new markets as personal computersales decline, unveiled chips designed to run slot machines,factory robots, airport signs, medical equipment and otherdevices.
** MODEL N INC, Monday close $14.73, down 38 pctpremarket
The revenue management software maker forecast revenue forthe year ending September 2014 below analysts' estimates onMonday. Raymond James, Stifel Nicolaus and JPMorgan cut their ratings on the stock on Tuesday.
Analysts at Stifel said the company did not clearlyarticulate a plan to cut expenses. Raymond James analysts said areturn to revenue growth could be delayed well into 2015 unlessthe company quickly improved sales execution.
** NEUROCRINE BIOSCIENCES INC, Monday close $16.70,down 28 pct premarket
The company said on Monday that a lower dose of itsexperimental drug to treat a rare movement disorder did not meetthe main goal of a mid-stage clinical study. Cowen and Co cut its price target on the stock to $19 from $20while MKM Partners cut its target to $13.50 from $17.00 andOppenheimer to $15 from $19.
** HD SUPPLY HOLDINGS INC, Monday close $24.74, down9.5 pct premarket
The construction products supplier reported a widerquarterly loss for the second quarter due to expenses associatedwith debt restructuring. The company also forecast fiscal 2013results below analysts' estimates.
** STARWOOD PROPERTY TRUST INC, Monday close$25.04, down 4 pct premarket
The company, which finances and manages commercial mortgageloans, said it was offering 25 million shares in an underwrittenpublic offering.
** L&L ENERGY INC, Monday close $2.89, up 15 pctafter market
The coal miner's first-quarter profit more than doubled asproduction was boosted by the acquisition of two mines in Chinain November. Production rose 54 percent to 228,000 tons in thequarter.
** FIVE BELOW INC, Monday close $41.04, up 14 pctafter market
The specialty value retailer reported better-than-expectedresults for the second quarter due to a 6.6 percent increase insame-store sales. The company also raised its full-year earningsand revenue forecast.
** PVH CORP, Monday close $132.11, down 4.4 pctafter market
The maker of Calvin Klein and Tommy Hilfiger clothes gave athird-quarter sales and profit forecast that was below analysts'estimates. The company characterized the global environment as"challenging".
** BLACKBERRY LTD, Monday close $11.53, down 4 pctpremarket
The Canadian company's biggest shareholder has approachedseveral large Canadian investment funds about forging a deal totake the smartphone maker private, but the proposal is still "anairy-fairy, 'what if' kind of thing," according to a source withdirect knowledge of the situation.
** GLAXOSMITHKLINE PLC, Monday close $50.46, down 1pct premarket
The threat of generic copies of the company's best-sellinglung drug Advair finally making it to the market in the UnitedStates hit confidence in the drugmaker.
** MICROSOFT CORP, Monday close $31.65, up 1 pctpremarket
At least three of the top 20 investors in the company want aturnaround expert to succeed Steve Ballmer as chief executive.They have urged the technology giant's board to consider FordMotor Co Chief Executive Alan Mulally and ComputerSciences Corp Chief Executive Mike Lawrie for the job,several sources familiar with the matter said. (Compiled by Varun Aggarwal; Editing by Kirti Pandey)
Glaxosmithkline (GSK)
