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Stocks Edge Lower on Wall Street; Coke Sinks

wochit business
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July 16, 2013 AT 12:42 PM
Stocks are opening slightly lower on Wall Street as traders are mostly unimpressed with the latest batch of corporate earnings. Coca-Cola dropped 3 percent to $39.74, the worst drop in the Dow Jones industrial average, after reporting a slump in soda sales in North America.