NEW YORK (TheStreet) -- For June 22, TheStreet will be looking closely at Yahoo! Inc's (YHOO) shareholder meeting and at key earnings reports and economic data.
Yahoo!, the second most-used search engine in the U.S., is scheduled to meet in Santa Clara, Calif. as the board's current nine directors are up for re-election.
Investors will also be asked to cast a nonbinding, advisory vote on executive compensation. Yahoo! is a global technology company, delivering digital content and experiences globally across devices.
The notable companies releasing their latest quarterly financial results include the fast food chain Sonic (SONC), cruise vacation company Carnival (CCL), Darden Restaurants (DRI), mobile communications and services provider BlackBerry (BBRY) agricultural products provider Monsanto (MON), home furnishings retailer Bed Bath & Beyond (BBBY), Nike (NKE), Accenture (ACN), Micron Technology (MU), and athletic shoe retailer Finish Line (FINL).
On the economic calendar, TheStreet will be weighing four key data.
Wall Street will await existing home sales, durable goods orders, new home sales and consumer sentiment.
Existing home sales provide a gauge of not only the demand for housing, but the economic momentum.
Durable goods orders reflect the new orders placed with domestic manufacturers for immediate and future delivery of factory hard goods.
New home sales measure the number of newly constructed homes with a committed sale during the month.
Consumer sentiment is directly related to the strength of consumer spending, which accounts for more than two-thirds of the economy.
The consumer sentiment level is determined by the University of Michigan's Consumer Survey Center which questions 500 households each month on their financial conditions and attitudes around the economy.