Sunday, July 22, 2012

Stocks to watch Monday: Diebold, Cobalt

CHICAGO (MarketWatch) � Among the stocks that could see active trade in Monday�s session are Diebold, Charles River Laboratories and First Solar.

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Diebold DBD �is slated to release its fourth-quarter financial report before the opening bell. The company is expected to earn 84 cents a share on revenue of $837.7 million, according to the average estimate of analysts polled by FactSet Research.

Charles River�s CRL �turn will come after the close and it will post a profit of 55 cents a share on sales of $282.8 million if Wall Street�s best estimate is on the mark.

First Solar FSLR �could be in the crosshairs again. Its shares slumped more than 10% Friday after the company said the U.S. Department of Energy declined to release funds at its Antelope Valley Solar Ranch project in California until the company has a construction permit.

Cobalt International Energy CIE �may see some more upside. The company soared more than 30% after it said test results from a well off the coast of the African nation of Angola topped exploration estimates.

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