This Day On The Street
Continue to site
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 to Watch: Yahoo!, Coke, Goldman Sachs (Update 1)

NEW YORK -- Yahoo! (YHOO - Get Report) 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 - Get Report), 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 - Get Report) 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 - Get Report) 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 - Get Report), 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:

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GS $158.83 -0.44%
INTC $30.05 0.50%
JNJ $112.75 -0.12%
KO $45.31 0.55%
YHOO $37.23 0.79%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs