Apple Inc.'s • results trumped expectations for yet another quarter with iPhone and iPad sales setting records. Its stock surged $16.41, or 4.34 percent, to $393.23 in extended trading after Apple reported net income of $7.31 billion, or $7.79 per share in the fiscal third quarter, which ended in June. That's more than double the $3.25 billion, or $3.51 per share, of a year ago. Revenue was $28.6 billion, up 82 percent.

Coca-Cola Co.'s • second-quarter profit rose 18 percent on strong growth overseas and the acquisition of a bottler. The results beat expectations. The company's stock hit a 52-week high Tuesday. The world's largest beverage-maker has shown consistent growth for years because of major gains in emerging markets such as Latin America, India and China, coupled with steady sales in established markets.

Yahoo Inc. • plodded through another disappointing performance in the second quarter, a script that's wearing thin with investors. Yahoo shares shed 27 cents, or 2.3 percent, to $14.25 in Tuesday's extended trading after reporting it earned $237 million, or 18 cents per share, an 11 percent increase from $213 million, or 15 cents per share, at the same time last year. But revenue totaled $1.23 billion, a 23 percent decline.

Wells Fargo & Co. • the nation's largest mortgage lender is turning to cost-cutting as the economy sputters and the grinding housing slump means waning profits from new mortgages. It posted a 30 percent leap in second-quarter profit but the bank reported a sharp decline in the number of new mortgages it wrote, reflecting the ongoing weakness in the housing market and a drop in refinancing activity.

Harley-Davidson Inc. • reported that for the first time since the Great Recession, more Americans are buying its motorcycles. U.S. sales rose almost 8 percent and its profit more than doubled in the second quarter.

Johnson & Johnson's • second quarter profit fell by 20 percent, the result of product recalls, flat U.S. sales and litigation, and that's after a big currency exchange benefit boosted results. J&J execs said they're making progress on manufacturing problems and have numerous new drugs, medical devices and toiletries hitting the market. But shares fell by 1.4 percent before recovering.

Goldman Sachs • more than doubled its profits last quarter, to $1.05 billion, but even that wasn't enough to satisfy its investors, who bid shares down 2 percent. The results came in well below what analysts were expecting because of a sharp drop in bond and currency trading.

Bank of America • reported a loss of $9.1 billion during the second quarter, partly due to an $8.5 billion settlement with investors to settle claims that the bank had sold the investors poor-quality mortgage bonds. The stock is already down more than 35 percent for the year and is the only large bank whose shares trade below $10 per share.