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Stocks to watch Monday: Alcoa, WD-40

CHICAGO (MarketWatch) – Among the stocks that could see active trade in the Monday session are Alcoa, PriceSmart and WD-40.

Alcoa (AA) is slated to report second-quarter earnings after the close and is expected to earn 5 cents a share on revenue of $5.83 billion according to the average estimate of analysts polled by FactSet.

And analysts have pegged WD-40's (WDFC) fiscal third quarter profit at 61 cents a share with sales of $91.6 million.

PriceSmart (PSMT) is also up and should earn 60 cents a share on sales of $510.7 million if Wall Street's best guess is on the mark. Same-store sales are seen rising 13.7%.

Late Friday, FTI Consulting(FCN) said that it would lay off 3% of its employees and consolidate office space, leading to a $28 million pretax charge in the second quarter.

Also after the Friday close, Yahoo (YHOO) and Facebook(FB) announced that they have entered into pacts that will "launch a new advertising partnership, extend and expand distribution arrangements, and settle all pending patent claims between the companies. "

Electronics retailer Best Buy(BBY) late Friday said it was cutting 2,400 jobs as part of a cost-cutting plan announced in the spring as it seeks to compete more strongly against online foes. Six hundred of the layoffs will come from the company's Geek Squad technicians.