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MarketFoolery

MarketFoolery: 07.16.2013

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 16 July 2013

⏱️ 18 minutes

🧾️ Download transcript

Summary

Coca-Cola fizzles. Johnson & Johnson reports better-than-expected earnings. And the CEO of Sears stirs up some controversy with his unorthodox strategy.

Transcript

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0:00.0

It's Tuesday, July 16th.

0:03.5

Welcome to Marker Fullry.

0:04.5

And Chrisill joining me in studio today from a million dollar portfolio, Dave Meyer,

0:09.0

and from Fool.com Isaac Pino.

0:11.0

Happy Tuesday, Jents.

0:12.0

Happy Tuesday to you too.

0:13.0

We got a couple of Dow stocks reporting earnings this week, so we will dig into that.

0:18.8

And a pretty phenomenal story about Sears, a company we haven't talked about in a while. We haven't really had

0:25.5

cause to, and now we do have cause to. So we will get to the amazing story of what's going

0:31.0

on behind the scenes at Sears.

0:33.0

Let's start with Coca-Cola though.

0:35.0

Second quarter profit fell 4%.

0:38.0

Isaac they had weak volume growth,

0:42.0

dare I say anemic volume growth, dare I say, anemic volume growth, I think it was just 1% or so, and shares

0:48.9

down a little bit this morning.

0:51.5

And I say this as someone who is a long time shareholder and is generally quite

0:57.5

satisfied with the company. Not once in all the years I have owned this stock have I

1:02.0

ever heard even when they've had a bad quarter

1:04.4

i have never heard the company until now

1:07.2

blame the weather

1:09.1

but

1:10.1

it's a new era is a yeah

...

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