TOP STORIES 
 
VERIZON REVIEWING TERMS OF YAHOO DEAL; REVENUE SLIDES 

Verizon Communications reported declining revenue and plunging subscriber growth, and said it is assessing whether it will need to renegotiate its acquisition of Yahoo after a major data breach.

DRAGHI HINTS AT EXTENSION OF ECB BOND PURCHASES 

The European Central Bank kept all of its key interest rates unchanged, matching expectations that its policy would remain in a holding pattern as inflation gradually picks up in the currency bloc.

U.S. STOCKS WAVER ON EARNINGS, DRAGHI 

U.S. stocks were little changed in midday trading, moving between small gains and losses, as investors digested comments from European Central Bank President Mario Draghi and mixed corporate earnings.

WALGREENS, RITE AID PUSH BACK MERGER DEADLINE 

Walgreens Boots Alliance and Rite Aid pushed out the deadline to close their $9.4 billion merger to next year amid delays in selling stores the two sides have to divest to get the deal past federal regulators.

EU COURT ADVISER BACKS INTEL APPEAL OVER $1.17 BILLION FINE 

An adviser to the European Union's highest court has thrown his weight behind Intel's appeal against a decision by the bloc's antitrust regulator to fine the chip maker $1.17 billion for abusing its market position.

BHP BILLITON CHAIRMAN NASSER TO STEP DOWN NEXT YEAR 

BHP Billiton Chairman Jac Nasser plans to step down as chairman of the mining giant, ending a tumultuous six-year run that saw him replace a CEO, oversee a dividend cut and struggle to deal with an environmental disaster in Brazil.

U.S. EXISTING-HOME SALES REBOUNDED IN SEPTEMBER 

A pickup in home sales last month signaled stabilization in the U.S. housing sector despite continued pressure from tight inventory and rising prices.

U.S. JOBLESS CLAIMS CLIMBED IN WEEK FOLLOWING HURRICANE MATTHEW 

The number of Americans seeking first-time jobless benefits rose last week, but the jump could reflect a hurricane striking the Southeast and a bounce back after touching a four-decade low.

CONFERENCE BOARD'S LEADING ECONOMIC INDEX ROSE IN SEPTEMBER 

A basket of leading economic indicators increased in September, a sign that the U.S. economy could continue expanding modestly through next year.

TRAVELERS OPERATING PROFIT FALLS 24% 

Travelers Cos. said its third-quarter operating earnings fell 24%, as premium volume hit a record but the company was up against an unusually strong year-earlier quarter.

NESTLÉ  TO MISS ITS LONG-TERM SALES TARGET, AGAIN 

Nestlé reported subdued sales growth and said it would fall short of a key revenue growth benchmark for a fourth straight year.

PULTEGROUP EARNINGS, REVENUE GROW 

PulteGroup said earnings rose 19% in the third quarter amid better-than-expected new order growth as demand in the U.S. housing market remained solid.

FED'S DUDLEY SUGGESTS NEW LAWS TO FIX BANK CULTURE 

Federal Reserve Bank of New York President William Dudley said banking supervisors should monitor banks' compensation packages to determine whether they are encouraging good or bad behavior.

POLISH RATE SETTERS SEE RETURN OF INFLATION IN 2017 

A majority of Polish central bankers expect consumer prices to rise again in 2017 after a prolonged period of deflation, according to the minutes of the October monetary policy meeting.

NISSAN TAKES CONTROLLING STAKE IN MITSUBISHI MOTORS 

Nissan Motor completed its purchase of a controlling stake in scandal-hit Mitsubishi Motors for more than $2 billion, a deal aimed at boosting scale to take on the world's top auto makers.

NINTENDO'S NEXT SYSTEM WILL BE PLAYABLE AT HOME OR ON THE GO 

Nintendo's next videogame platform is a console-handheld hybrid called "Switch," the company announced in a video clip Thursday.

AMERICAN AND ALASKA AIR SEEING FRIENDLIER SKIES 

American Airlines, finishing its second-best quarter in history despite a raft of one-time items and a new income-tax provision, beat Wall Street estimates even though its total revenue and unit revenue dipped. Alaska Air said it is "fully focused" on completing the Virgin America merger.

BANK OF NEW YORK MELLON EARNINGS RISE ON LOWER EXPENSES 

Bank of New York Mellon said profit and revenue increased in its latest quarter because of lower expenses and higher assets under management.

U.K. WILL BE STRONG PARTNER IN EU, MAY SAYS 

British Prime Minister Theresa May said Thursday the U.K. will continue to be a strong partner in the European Union, as she seeks to smooth relations at her first bloc summit since becoming the prime minister.

DUNKIN' BRANDS FRANCHISEES SLOWING ON STORE OPENINGS 

Dunkin' Brands Group Inc. franchisees are slowing openings of new doughnut shops in the U.S. due to economic uncertainty, the company said Thursday..

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Election 2016 
TRUMP WON'T COMMIT TO ACCEPTING VOTE IF HE LOSES 
 

Donald Trump refused to commit to respecting the results of the election if Hillary Clinton wins, during a debate that highlighted widely different visions on abortion, gun rights, immigration and the Supreme Court.

 
Experiential 
AGONY, ALARM AND ANGER FOR PEOPLE HURT BY THERANOS'S BOTCHED BLOOD TESTS 
 

Questionable results led to changes in medical treatment. Weeks or months passed before Theranos told many people their results were unreliable.

 
 
 

(END) Dow Jones Newswires

October 20, 2016 13:13 ET (17:13 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.