Saturday, August 4, 2012

Portfolio Relevance
By William Spain, MarketWatch
CHICAGO (MarketWatch) — Among the stocks that could see active trade in Monday’s session are Chesapeake Energy, Tyson Foods and Tesco.
Chesapeake CHK -0.22%  is slated to report its fiscal third-quarter results. The energy giant is expected to earn 8 cents a share on revenue of $2.5 billion, according to the average estimate of analysts polled by FactSet.

U.S. week ahead: foreign focus

With the U.S. economic calendar light, the focus is likely to turn overseas to Spain and to Asia, where China is expected to release retail sales, reports MarketWatch’s Laura Mandaro.
Tyson TSN +1.65%  is also up, and the meat concern will post a profit of 55 cents a share on revenue of $8.75 billion if Wall Street’s best guesses are on the mark.
Tesco TESO +5.42%  will earn 33 cents a share with sales of $148.1 million if it meets analyst expectations.
Other firms scheduled to release quarterly financials include American States Water AWR +2.19% , CinemarkCNK +1.56%  and Cognizant TechnologyCTSH +2.81% .
Interpublic IPG +13.33%  could be in for another pop. Shares of the advertising and marketing services conglomerate climbed sharply Friday on rumors it is a takeover target for French rival Publicis Groupe FR:PUB +1.55% . 
William Spain is a MarketWatch staff writer in Chicago.

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