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MGM Resorts 2Q results beat analysts' expectations

LAS VEGAS- MGM Resorts' second-quarter profit declined compared with the same period a year earlier when the casino booked a much larger income tax benefit. The casino operator earned $97.5 million, or 17 cents per share, for the three months ended June 30. The decline in entertainment revenue was in part because there were fewer in-house shows compared with a...
Source: The Associated Press
Top trades: Time to invest in solar?  

The Fast Money trades dissect the top trades of the day including investing in solar and casinos.
Source: CNBC.com
Scientific Games reports 2Q loss

LAS VEGAS _ Scientific Games Corp. on Monday reported a loss of $102.2 million in its second quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 91 cents per share. Scientific Games shares have risen 18 percent since the beginning of the year.
Source: The Associated Press
New owner plans 'patient' approach to Rocky Gap casino

HAGERSTOWN, Md.- The new owner of the Rocky Gap Casino Resort in western Maryland is in no hurry to make changes. Las Vegas- based Golden Entertainment Inc. plans a patient approach to running the 200- room hotel, 18- hole golf course and casino inside Rocky Gap State Park near Cumberland, 130 miles west of Baltimore, Chairman Blake Sartini said Monday.
Source: The Associated Press | By: By DAVID DISHNEAU, Associated Press
Macy's expands same day delivery to 17 cities as it challenges Amazon

SAN FRANCISCO, Aug 3- Macy's Inc said on Monday the department store chain will expand same day delivery services to nine cities and metropolitan areas this month, pushing into an aggressive field dominated by e-commerce giant Amazon.com Inc.. Macy's, the nation's largest department store chain, said it will now offer same day delivery to customers in 17...
Source: Reuters
4 Stocks, 4 trades: GS, WYNN & more  

The FMHR traders take their positions on four stocks making news today, including Goldman Sachs raising its legal reserve by fifty percent.
Source: CNBC.com
The real message of plunging commodities

Wall Street is delusional over China and missing the real message in plunging commodities, says Michael Pento.
Source: CNBC.com | By: Michael Pento
Pisani's market opens August mixed  

CNBC's Bob Pisani looks at what's moving in early morning trading as oil hits a four and a half month low, and Asian stocks fall on weak China data.
Source: CNBC.com
Early movers: GS, PRE, SHLD, HZNP, TSN, T & more

These are the stocks posting the largest moves before the bell.
Source: CNBC.com | By: Peter Schacknow
GfK poll: Americans favor farmers & food during drought

To Cheryl Hendricks in parched California, it's simple: To put food on the table "we rely on agriculture." She and her husband are taking shorter showers and removing lawn in response to California's four-year drought, but for growers and ranchers "it's more important for them to have it. In California, for example, agriculture accounts for 80 percent of all water...
Source: The Associated Press