This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Stocks to Watch: Yahoo!, Coke, Goldman Sachs (Update 1)

Stocks in this article: YHOO GS KO INTC JNJ

NEW YORK -- Yahoo! (YHOO) ended its leadership search, naming Marissa Mayer, a former executive with Google (GOOG), as CEO.

Mayer, 37, has never had any experience running a company, and she is taking over a struggling Internet company that is undergoing a transformation.

Shares of Yahoo! rose 1.5% in premarket trading Tuesday to $15.88.

Marissa Mayer Is a Bad Choice for Yahoo!

Coca-Cola (KO), the beverage giant, reported second-quarter net income of $2.79 billion, or $1.21 a share, compared with year-earlier earnings of $2.81 billion, or $1.20 a share.

The soft drink company was expected by analysts Tuesday to post second-quarter profit of $1.19 a share on revenue of $12.98 billion.

Global volume in the quarter grew 4%. ed up 52 cents, or 0.68%, to $77.00 in premarket trading Tuesday.

Johnson & Johnson (JNJ) reported second-quarter earnings of $1.41 billion, or 50 cents a share, down from year-earlier earnings of $2.78 billion, or $1 a share.

The consumer goods company was anticipated by analysts Tuesday to post second-quarter earnings of $1.29 a share on revenue of $16.7 billion.

Sales of $16.5 billion in the second quarter fell 0.7% from the previous year. International sales decreased 0.4%; domestic sales fell 1.2%.

Shares of Johnson & Johnson fell 1.31% in premarket trading Tuesday to $67.55.

What's New In Microsoft's Office 2013

Goldman Sachs (GS) reported second-quarter net earnings of $927 million, or $1.78 a share, down from year-earlier earnings of $1.05 billion, or $1.85 a share.

The bank was expected by analysts to post second-quarter earnings of $1.13 a share on revenue of $6.28 billion.

The stock has risen 4% so far in 2012.

The Wall Street Journal reported Tuesday that Goldman is building an in-house bank to lend money to wealthy people and companies. The move is is a part of Goldman's cautious strategy to reshape its business, the newspaper noted.

Shares of Goldman Sachs rose 1.79% in premarket trading Tuesday to $99.43.

Intel (INTC), the chip giant, reports after Tuesday's closing bell and is expected by analysts to post quarterly earnings of 52 cents a share on revenue of $13.56 billion.

Intel shares ticked up 7 cents, or 0.28%, in premarket trading Tuesday to $25.20.

Music IPOs Lose Beat

-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to:

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs