Yahoo! Pops Again
The following video is from Wednesday's Investor Beat, in which host Chris Hill, and analysts Jason Moser and Matt Argersinger, dissect the hardest-hitting investing stories of the day.
Yahoo!'s second-quarter earnings rose 46%, but the company missed on revenue, as advertising took a hit. Despite the expectations miss, the stock continues to rally on the market. In today's top story, Matt and Jason discuss why CEO Marissa Mayer continues to drive so much investor confidence, and what we can expect from her and the company as she enters her second year as Yahoo!'s first in command.
Plus, Mattel announces that second-quarter profits fell 24%. Bank of America, however, saw its second-quarter profits rise 63%. Google may be getting into the battle for your living room with an online pay-TV service, and finally, the Google of Russia, Yandex hits a 52-week high ahead of earnings. Finally, Matt and Jason discuss why they'll be watching Sherwin-Williams and Athenahealth this week.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report, "3 Stocks That Will Help You Retire Rich," names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
The article Yahoo! Pops Again originally appeared on Fool.com.Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. Fool contributor Matthew Argersinger has no position in any stocks mentioned. The Motley Fool recommends Athenahealth, Bank of America, Google, Mattel, Sherwin-Williams, and Yandex. The Motley Fool owns shares of Bank of America and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.