TOP STORIES 
 
COKE'S PROFIT AND REVENUE FALL 

Coca-Cola said profit and revenue fell less than expected in the latest quarter as developed markets buoyed the top line despite softness abroad.

COMCAST REPORTS STRONG EARNINGS 

Comcast reported better-than-expected financial results and added video customers in the third quarter, as its NBCUniversal business was powered by the Rio Olympics.

STOCKS FALL AS EARNINGS DISAPPOINT, OIL SLIPS 

Stocks declined amid a string of disappointing earnings reports from large U.S. companies and a drop in oil prices.

BOEING RAISES GUIDANCE ON TAX BENEFIT 

Boeing said its profit climbed, boosted by a tax benefit, and the aircraft maker edged up its forecast for revenue this year as deliveries rose in the latest quarter.

NASDAQ EARNINGS FALL, BUT REVENUE RISES ON ACQUISITIONS 

Nasdaq said its quarterly profit declined, hurt by lower volatility and trading volumes, while acquisitions helped spur an increase in revenue.

NORTHROP GRUMMAN RAISES FORECAST 

Northrop Grumman upped its forecast for the year and beat Wall Street expectations for the latest quarter as an increase in its aerospace sales bolstered its financial results.

ALLY FINANCIAL'S AUTO LENDING FALLS 

Ally Financial continued to log declines in its auto-lending business but retail deposits rose as the bank continues to diversify its business.

GENERAL DYNAMICS DELIVERS FEWER GULFSTREAMS 

General Dynamics said it sold fewer planes in the third quarter, driving down its revenue, but cost-cutting helped boost profit.

HEINEKEN PUTS FAITH IN SEASONED CEO TO TAKE ON AB INBEV 

Heineken will seek a rare fourth term for CEO Jean-Franç ois van Boxmeer, credited with expanding the brewer's presence in fast-growing markets in Latin America and Asia, as the company faces off with the giant AB InBev.

GLAXO PROFIT JUMPS ON WEAKER POUND 

GlaxoSmithKline's profit soared in the third quarter as the drugmaker benefited from sterling's slump after the Brexit vote.

FRANKLIN RESOURCES PROFIT RISES 32% 

Franklin Resources Inc said its earnings rose 32% in the latest quarter as lower costs helped offset declining revenue and fees.

BOSTON SCIENTIFIC RAISES OUTLOOK 

Boston Scientific raised its full-year outlook, as revenue topped expectations for the third quarter.

APPLE PROFIT, REVENUE SLIDE AS IPHONE SALES FALL 

Apple posted its first annual revenue decline in 15 years, but projected a return to growth in the current quarter behind strong sales of its new iPhone 7.

SIX FLAGS POSTS SURPRISE DECLINE IN REVENUE, HURT BY WEATHER 

Theme-park operator Six Flags Entertainment Corp. reported a surprise revenue decline in its important summer quarter as attendance fell, which the company blamed on adverse weather.

SIMON PROPERTY GROUP RAISES OUTLOOK ON IMPROVED OCCUPANCY, RENTS 

Simon Property Group said that occupancy and rent rates improved during the latest quarter, leading the retail real estate operator to boost its annual earnings forecast.

GRUBHUB PROFIT SOARS 

GrubHub's quarterly earnings soared as the online food ordering and delivery company continued to attract more customers, who in turn ordered more food from restaurants in the company's network.

MONDELEZ'S RESULTS TOP EXPECTATIONS 

Mondelez International said its adjusted per-share earnings beat expectations for the third quarter and the company raised its 2016 guidance.

EXELON PROFIT FALLS ON NUCLEAR POWER PLANT CLOSURES 

Exelon Corp. said its third-quarter earnings fell 22%, as the energy company saw decreased capacity prices and more write-downs related to the decommissioning of nuclear plants.

STATE STREET PROFIT DECLINES 

State Street Corp. said its quarterly profit declined on higher costs and lower fee revenue, while its asset-management business logged $36 billion in net outflows, excluding a recent acquisition.

BIOGEN PROFIT EASILY TOPS VIEWS 

Biogen said its profit rose and easily topped Wall Street's expectations in the latest quarter as sales of its largest multiple sclerosis drug drove higher sales.

 
 
 
  ======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES ======= 
 
 
Markets Main 
CLIMBING DOLLAR EXPECTED TO HIT CEILING 
 

The U.S. currency has surged in October and is on pace for its second-strongest monthly gain of the year. Yet several signs suggest that the U.S. currency won't rise much further.

 
Autos 
TESLA EARNINGS: WHAT TO WATCH 
 

Tesla Motors is expected to release its third-quarter financial results after the market closes on Wednesday. Here's what you need to know ahead of that.

(END) Dow Jones Newswires

October 26, 2016 10:14 ET (14:14 GMT)

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