TOP STORIES 
 
TECH SHARES CLIMB AS APPLE SURGES 

U.S. stocks were little changed Wednesday ahead of the Federal Reserve's decision on interest rates, but tech shares rose, boosted by gains in Apple.

COKE'S REVENUE SLIDES AS SODA VOLUME DECLINES 

Coca-Cola said revenue slid more than expected in the latest quarter on a decline in soda volume amid continued weakness abroad, particularly in developing markets. Overall volume was flat.

SABMILLER PAUSES INTEGRATION WORK WITH ANHEUSER-BUSCH INBEV 

SABMiller has paused its integration work with Anheuser-Busch InBev according to a person familiar with the matter, as the London-brewer's board consults with shareholders over whether ABInBev's revised offer is acceptable.

BOEING SWINGS TO LOSS, BUT RESULTS STILL TOP VIEWS 

Boeing swung to its first quarterly loss in nearly seven years, as it looks to move past blunders developing new products over the past decade.

U.S. PENDING HOME SALES EDGED HIGHER IN JUNE 

A measure of homes under contract for sale rose slightly in June, as ongoing job growth and low interest rates continued to support the U.S. housing market going into the second half of the year.

U.S. DURABLE GOODS ORDERS TUMBLE 4.0% ON OVERSEAS TURMOIL 

Demand for long-lasting factory goods fell sharply in June, a sign overseas turmoil is weighing on U.S. manufacturers.

T-MOBILE OUTPACES RIVALS IN SECOND-QUARTER SUBSCRIBER GAINS 

T-Mobile US Inc. outpaced rivals again in the second quarter, clocking strong subscriber gains, as revenue climbed 13%. Still, profit fell 38% on higher interest expenses and taxes, as well as lower interest income.

COMCAST REVENUE TOPS ESTIMATES 

Despite fears of cord-cutting and cheaper streaming options, Comcast Corp. said it lost fewer video customers in the second quarter and reported higher revenue from its NBCUniversal cable and broadcast channels.

GANNETT REVENUE CLIMBS BUT MISSES VIEWS 

Gannett Co. said its second-quarter earnings fell sharply, undercut by higher expenses, while revenue rose less than Wall Street was expecting.

FIAT CHRYSLER PROFIT JUMPS ON ENHANCED EUROPEAN PERFORMANCE 

Fiat Chrysler Automobiles nudged up its full-year financial targets and reported a 25% rise in profit as the Italian-American car maker's performance improved in Europe and held steady in North America.

FED UNIT PROTECTING YELLEN 'OPERATING EFFECTIVELY' 

Federal Reserve Chairwoman Janet Yellen's personal security detail is operating effectively, efficiently and in compliance with the law.

REAGAN SHOOTER JOHN HINCKLEY JR. WILL  BE RELEASED 

John Hinckley Jr., the man who attempted to assassinate President Ronald Reagan in 1981, will be allowed to leave a Washington mental hospital and live full-time with his mother in Virginia.

HESS POSTS LOSS AMID SLOWDOWN IN ENERGY MARKET 

Hess Corp. posted another loss for its second quarter as the energy supplier attempts continues to deal with the ongoing slowdown in the global energy market.

DEUTSCHE BANK PROFIT PLUNGES AMID TURNAROUND EFFORT 

Deutsche Bank reported a 98% fall in second-quarter net income, hurt by weaker performances in trading and investment banking, as well as restructuring costs.

STATE STREET FEE REVENUE DROPS ON WEAKER MARKET CONDITIONS 

State Street Corp.'s shares jumped nearly 7% after the trust bank reported a quarterly profit that beat Wall Street estimates on lower costs.

GARMIN SHARES SOAR ON STRONG EARNINGS 

Garmin shares rallied as the maker of navigation devices continued to expand into wearables for fitness and outdoor use.

LACKING 'POKÉ MON GO' EFFECT, NINTENDO SWINGS TO LOSS 

Nintendo reported a wider-than-expected first-quarter net loss, but investors are hopeful for a turnaround as the videogame giant moves to offer more lucrative smartphone games and a new console.

DRUG DEVELOPER KADMON SLIDES IN TRADING DEBUT 

Shares of Kadmon dropped in their trading debut, a disappointment for the drug developer launched by high-profile executive Sam Waksal.

MONDELEZ REPORTS HIGHER PROFIT, PLANS TO EXPAND IN CHINA 

Mondelez International Inc. said its second-quarter earnings rose 14% with a boost from income generated by its interest in the snack maker's former coffee business.

GLAXOSMITHKLINE HELPED AND HURT  BY STERLING'S POST-BREXIT FALL 

The sharp drop in sterling following Britain's vote to leave the European Union both helped and hurt GlaxoSmithKline's second-quarter earnings, illustrating the vote's double-edged effect.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Central Banks 
WHAT TO WATCH AT THE FED MEETING 
 

Federal Reserve officials are virtually certain to leave interest rates unchanged at their meeting that wraps up Wednesday, but their policy statement will be scrutinized for any clues to whether a September rate increase is in play.

 
Economics Blog 
WHY THE BOND-YIELD CURVE ISN'T LIKELY SIGNALING RECESSION AHEAD 
 

Record-low yields on U.S. Treasurys have for decades signaled weakness in the U.S. economy and foreshadowed recession. Not this time.

(END) Dow Jones Newswires

July 27, 2016 12:53 ET (16:53 GMT)

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