Stocks to Watch: Alcoa, Yum! Brands
NEW YORK -- Alcoa(AA) , the first component of the Dow Jones Industrial Average to report each quarter, is expected by analysts after Tuesday's closing bell to post third-quarter earnings at breakeven on a per-share basis.
Revenue for the aluminum maker is expected at $5.57 billion.
Yum! Brands(YUM) , the owner of Pizza Hut, Taco Bell and KFC, is expected by analysts to post quarterly earnings of 97 cents a share on revenue of $3.66 billion.
Edwards Lifesciences (EW) , the heart valve maker, provided a weak outlook for the third quarter on Monday, citing the impact of austerity measures in Europe and other factors.
The company expects sales of $448 million in the September-ended quarter, below its previous targeted range of between $465 million to $485 million. Wall Street's consensus estimate is for revenue of $476.6 million in the quarter.
AngioDynamics (ANGO) posted a fiscal first-quarter loss on Monday of 2 cents a share; analysts had expected the medical instruments maker to post earnings of 9 cents a share.
AngioDynamics also announced plans to buy Vortex Medical for $15 million.
Principal Financial (PFG) , the insurance company, announced Monday it agreed to buy Chile's AFP Cuprum, a pension company, for $1.5 billion.
-- Written by Joseph Woelfel
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