Stocks to Watch: Blackstone, Sysco

Among the companies whose shares are expected to see active trade in Monday's session are Blackstone Group L.P., Sysco Corp and DTE Energy.

Blackstone Group L.P. (BX) is expected to report second-quarter earnings of 46 cents a share, according to analysts polled by Thomson Financial.

Bob Evans Farms Inc. (BOBE) is seen posting a fiscal first-quarter per-share profit of 36 cents a share.

DeVry Inc.'s (DV) fiscal fourth-quarter results are expected to show a per-share profit of 25 cents.

Domtar Corp. (UFS) is expected to post a profit of 10 cents a share for its second-quarter.

DTE Energy Co. (DTE) is seen reporting per-share earnings of 47 cents for its second quarter.

Sysco Corp.'s (SYY) fiscal fourth-quarter results are expected to show a profit of 46 cents a share.

Valspar Corp. (VAL) is expected to report fiscal third-quarter earnings of 56 cents a share.

Watch List

Cognex Corp. (CGNX) said it will delay the filing of its Form 10-Q for the second quarter ended July 1 due to its internal review of previously announced irregularities it discovered in certain transactions originating at its Japanese subsidiary. Natick, Mass.-based Cognex, which makes machine vision systems, said it's unable to predict at this time when it will file is quarterly report.

Countrywide Financial Corp.'s (CFC) stock price fell Friday after the Calabasas, Calif.-based company said that problems in the U.S. mortgage market pose a serious threat to its earnings and financial condition.

McClatchy Co. (MNI) late Friday said it filed its Form 10-Q with the Securities and Exchange Commission and revised its second-quarter earnings downward to $35.2 million, or 43 cents a share, from $39.95 million, or 49 cents a share, originally reported on July 19, to include a non-cash 6-cent litigation charge. The Sacramento-based media company said the charge stems from a settlement between Seattle Times Co., of which it owns 49.5%, and Hearst Corp.'s Seattle newspaper. On a continuing operations basis, the Sacramento-based media company posted earnings of $34.5 million, or 42 cents a share.

Neoware Inc. (NWRE) said it swung to a fiscal fourth-quarter net loss of $801,000, or 4 cents a share, from a year-ago net profit of $401,000, or 2 cents a share. Excluding certain items, the company posted breakeven results on a per-share basis versus 9 cents a share last year. The King of Prussia, Pa-based provider of thin client computing products said revenue in the three months ended June 30 slipped to $23 million from $23.6 million last year. Analysts polled by Thomson Financial were expecting, on average, a per-share profit of 5 cents on revenue of $23.2 million.

Polo Ralph Lauren Corp. (RL) said it has approved a new $250 million stock repurchase program. The New York-based apparel company said the new authorization is in addition to the $198 million remaining under a previous stock buyback program.

Shares of Washington Mutual Inc. (WM) fell Friday after the Seattle-based bank said liquidity in the secondary market for home loans and mortgage-backed securities has "diminished significantly."

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