What's Ahead Tuesday: Will Investors Get Clarity on Yahoo!'s Future?
In 'What's Ahead on Wall Street' for Tuesday April 19, the day is packed as earnings season starts to pick up steam. In the morning, we have Johnson & Johnson (JNJ) - Get Report , Philip Morris International (PMI) and Goldman Sachs (GS) - Get Report reporting followed by Intel (INTC) - Get Report and Yahoo! (YHOO) in the afternoon. The Internet giant has been in the spotlight recently as many investors are wondering what will happen to the company. During the earnings call, there could be clues of a reverse spinoff, where Yahoo will hold onto its stakes in Alibaba (BABA) - Get Report and Yahoo Japan and spin off the rest of the company, or the sale of its core business. Regardless of what happens, investors are growing impatient with its turnaround efforts. When the company reports its first quarter results, Wall Street is looking for earnings of $0.07 a share on revenue of over $1 billion. On the economic calendar, we'll be expecting housing starts early in the morning, followed by the Redbook shortly thereafter. TheStreet's U-Jin Lee reports from Wall Street.









