Stock index futures fell on Tuesday, indicating equities may fall for a second straight session, as talks to secure a new bailout for Greece and avoid an unruly default had yet to bear fruit.
* Greek Prime Minister Lucas Papademos negotiated through most of the night with lenders from the European Union and International Monetary Fund over more fiscal reforms as trade unions staged a national strike against more cuts.
* European shares fell after disappointing results from investment bank UBS AG
* S&P 500 futures fell 5.6 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures lost 6 points, and Nasdaq 100 futures dropped 5.75 points.
* As earnings season winds down, investors awaited results from a companies including Coca Cola Co
* Meanwhile, Coca-Cola aims to double net revenue to more than $200 billion by 2020 from $100 billion in 2010, a top executive of the soft drinks maker said Tuesday.
* Emerson Electric Co
But the industrial conglomerate expects most of its pressures to be temporary.
* According to Thomson Reuters data through Monday morning, of the 290 companies in the S&P 500 posting results, 60 percent topped expectations, tracking below recent quarters at this point of the reporting season.
* UBS predicted more weakness in investment banking after a restructuring of the business failed to prevent an earnings hit from the euro zone debt crisis and worries about the global economy.
* Toyota Motor Co
* U.S. Federal Reserve Chairman Ben Bernanke is set to testify before the Senate Budget Committee in Washington, D.C. at 10 a.m. EST (1500 GMT).
* U.S. stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.
(Reporting By Chuck Mikolajczak; editing by Jeffrey Benkoe)