Facebook spending; P&G dollar pain; Whole Foods flops

Here are some of the stocks the Yahoo Finance team will be following for you today.

Facebook (FB) The social media powerhouse had a very solid quarter, with revenue topping $4 billion for the first time. However, some investors are concerned about the company's spending, which rose 82% to $2.77 billion in the period.

Procter & Gamble (PG) The multinational consumer products firm topped analysts' estimates for earnings in the period, but revenue came in short. And it's the often heard refrain, the strong dollar ate into sales.  P&G also took a hit from an accounting change related to its Venezuelan operations.

Whole Foods Markets (WFM) The high-end grocery chain came up short on both the top and bottom lines in the second quarter. The company says sales at stores open at least a year rose just 1.3%...and they were especially slow after news broke that Whole Foods was overcharging customers on some pre-packaged items.

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T-Mobile U-S (TMUS) The wireless phone provider blew the doors off quarterly earnings...and revenue topped forecasts as well. T-Mobile says it added 2.1 million new customers in the period...and it's raising its forecast for new subscribers this year.

Time Warner Cable (TWC) The cable operator being purchased by Charter Communications (CHTR) missed badly on second quarter profit...and revenue came in a bit light. Time Warner Cable blames a big pension payout and higher programming costs for the disappointing results.

Royal Dutch Shell (RDS-A) The big European oil producer is slashing 6,500 jobs because of a sharp decline in business related to falling crude prices.  Shell's second quarter profit dropped by one-third as its exploration and production business slumped.

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