Cubs release Doug Davis; Hendry vows no ‘fire sale’

As the Cubs gear up for likely activity toward the July 31 trading deadline, one thing they won’t be doing is holding the ‘‘fire sale’’ that general manager Jim Hendry says he keeps hearing people expecting.‘‘That’s not going to happen,’’ he said Wednesday after releasing veteran pitcher Doug Davis (1-7, 6.50) to make room on the roster to activate second baseman Darwin Barney (knee) from the disabled list. ‘‘We’re not interested in trading people at all that will be valuable to us moving forward.’’Of course, unless the Cubs are offering some of their better, cheaper, younger players — the non-starters …