Apr 16 - Stock futures pointed to a higher Wall Street open after steep losses in the previous session, and Goldman Sachs reported higher quarterly profit as it earned more from investment banking.
Morning -- -- Tuesday a big earnings -- is led by Goldman Sachs there reporting higher first quarter earnings of four dollars and 29 cents per share they also beat on revenue which came in at ten point 09 billion. And revenues in the investment banking unit were up 36%. For the quarter. The bank shares are up 15% this year also trading slightly higher in the premarket. More earnings a little later today including results from Yahoo! shares have surged 50% since Marissa Mayer took over CEO in July. But no side of a turnaround in its business just yet. With men are now nine months into the job investors are looking for signs of growth in the advertising business particularly display ads a weak spot for Yahoo! at the end of Tony twelve. There's a lot talk about Yahoo! -- apple to combat Google's supremacy. Investors look for more details on that. Also reporting today Intel things not looking good for the world's top chip maker whose stock has fallen 25%. In the past year. Two thirds of Intel's revenue comes from the PC market which is dying a slow death with tablets rising popularity. Shareholders also won an -- who will lead in -- after CEO Paul Otellini leaves in midday. Some other companies reporting today Johnson & Johnson Coca-Cola and well a giant CSX. Not to markets Wall Street in recovery -- today with S&P Dow and NASDAQ futures pointing to a higher open. Stocks posted their worst day in nearly seven months yesterday after bombs at the Boston Marathon killed three people and injured over 140. Others. Gold also rebounding slightly this morning after hitting its weakest level in over two years. Where there's breaking views costing investors from buying gold mining stocks you know shares are down at the moment. Earnings for the sector will probably be -- for months to come as high cost of mining meet falling prices. Crude futures still slipping lower close to 88 dollars a barrel on concerns the economy is not going fast enough in China. We'll also have economic data this morning including the Consumer Price Index for march. Which is expected to remain flat leaving plenty of room for the Fed to maintain its economic stimulus. Which some have worried could be inflationary. A battle being waged in the mobile market with two billionaires in the ring in one corner you have been more frugal onetime door to door salesman Charlie -- of dish. But look how pretty ambitious risk taker Masayoshi Son of Softbank. He's expected to remain into fight for sprint despite having the option to walk away with more than 3.5 billion dollars in gains from currency hedging. A convertible bond and a break happy. Shares of spring up slightly in the premarket after jumping 17%. On the news yesterday. Earlier this morning JPMorgan raised the stock to overweight from neutral and upped its -- target price from eight dollars to eight dollars from six. ABT -- analyst says -- -- could trigger more deals in this sector that's it for your Tuesday morning call remembered follow us on Twitter at Reuters Insider get more great videos at Reuters dot com slash later. -- --