NEW YORK (CNN) - Investors shied away from stocks Monday, as evidenced by a steep drop in the Dow, but a handful of corporate announcements may entice buyers back into the game on Tuesday.

Metro-Goldwyn-Mayer Inc., the storied Hollywood studio behind the James Bond film franchise, is mulling a one-time, special dividend ranging from $6 to $9 a share to be paid out as early as next month, according to sources familiar with the situation.

A spokeswoman for MGM declined to comment but MGM (MGM: Research, Estimates) shares soared 17.2 percent higher than its $16.20 New York Stock Exchange closing price to $18.99 on the INET electronic brokerage in after-hours trading.

Shares of 3M Corp. (MMM: Research, Estimates) advanced 2.5 percent to $76.77 on INET after the diversified manufacturer raised its first-quarter and full-year earnings guidance. Its shares closed at $74.87 on the NYSE.

The Post-It notes and Scotch tape maker foresees first-quarter earnings ranging from 86 cents to 88 cents a share, up from a previous estimate of 80 cents to 82 cents per share.

For the full year, 3M increased its per-share earnings target range to $3.52 to $3.62 from $3.46 to $3.52.

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In a regulatory filing with the SEC, P.F. Chang's China Bistro Inc. said it could not file its annual report for 2003 on time because it plans to restate its previous financial results.

The casual dining chain said the restatement affects its results from 2001 to 2003.

P.F. Chang's (PFCB: Research, Estimates) shares plunged 7.2 percent to $19.85 in after-hours trade on INET following its $50.53 Nasdaq closing price.

Cytyc Corp. (CYTC: Research, Estimates) shares lost 2.4 percent to $19.85 on INET after the maker of cervical cancer screening tests said it plans to sell $220 million in convertible notes to institutional investors in order to help fund its Novacept acquisition. Cytyc closed at $20.33 on the Nasdaq.

A steady stream of earnings will flow in before the market opens Tuesday with Lehman Brothers (LEH: Research, Estimates) and General Mills (GIS: Research, Estimates) among the bigger names releasing their quarterly figures.

Later in the week, Bear Stearns (BSC: Research, Estimates), FedEx (FDX: Research, Estimates) and Darden Restaurants (DRI: Research, Estimates) will announce their quarterly earnings Wednesday while Morgan Stanley (MWD: Research, Estimates), Barnes & Noble (BKS: Research, Estimates) and Adobe Systems (ADBE: Research, Estimates) are set to report Thursday.  

--from staff and wire reports