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Stocks to Watch: July 5, 2016

Check out which companies are making headlines before the bell:

Ford Motor, General Motors, Fiat Chrysler Automobiles — Autodata's monthly numbers showed the June annual U.S. sales rate at a less-than-expected 16.66 million units.

Tesla Motors — Tesla delivered 14,370 vehicles during the second quarter, short of its target of 17,000 vehicles. Tesla said an unusually large number of vehicles are still in transit to customers, but analysts say the numbers suggest that Tesla hasn't fully solved its production issues as it seeks to ramp up volume.

UBS — UBS has been ordered by tax authorities in Switzerland to provide France with tax information. UBS had maintained that the legality of the request was "ambiguous" at best, but anticipates other countries making similar requests following the Swiss ruling.

Barclays — Three ex-traders at Barclays were found guilty of conspiring to manipulate Libor rates. That brings the total number convicted in Libor-rigging cases to five, with the latest three to be sentenced this week.

Walt Disney — The Disney/Pixar film "Finding Dory" topped the July 4th weekend box office for the third consecutive weekend, with $41.9 million in North American ticket sales.

Bank of America, Citigroup, Morgan Stanley, Goldman Sachs — These and other financials are among the market's best bargains, according to a Barron's article which notes the underperformance of those stocks this year and the positive capital return implications following the recent stress test results.

Southwest Airlines — Southwest Airlines also got a positive Barron's mention, highlighting its lack of Brexit-related exposure, a solid dividend, and a cleaner balance sheet than most competitors, among other factors.

Staples — The Sunday Telegraph reports that the office supplies retailer is considering exiting its U.K. operations. It should be noted that even before the Brexit vote, Staples had said it was examining its strategic options for its European business after its deal to buy rival Office Depot was blocked by regulators.

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