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Rouse Properties reports 2Q results

NEW YORK _ Rouse Properties Inc. on Monday reported a key measure of profitability in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 40 cents per share. Rouse Properties expects full-year funds from operations to be $1.74 to $1.78 per share.
Source: The Associated Press
Kors a buyout target?  

Oliver Chen, Cowen & Co., discusses Michael Kors near- and long-term.
Source: CNBC.com
General Growth Properties reports 2Q results

CHICAGO _ General Growth Properties Inc. on Monday reported a key measure of profitability in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 33 cents per share. For the current quarter ending in September, General Growth Properties expects its per-share funds from operations...
Source: The Associated Press
1st legal medical pot sold in Nevada 15 years after approval

SPARKS, Nev.- Fifteen years after Nevadans voted to legalize it, medical marijuana was sold legally in the state for the first time Friday at a dispensary in a strip mall about 5 miles east of downtown Reno. Dressed in polo shirts, tie-dyes and button-downs, about 75 people with medical marijuana cards lined up outside Silver State Relief, between a sub shop and pizza...
Source: The Associated Press | By: By SCOTT SONNER and MICHELLE RINDELS, Associated Press
PCM posts 2Q profit

EL SEGUNDO, Calif. _ PCM Inc. on Wednesday reported second-quarter profit of $249,000. The El Segundo, California- based company said it had profit of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
Source: The Associated Press
Las Vegas attempts to tame rowdy Fremont Street experience

LAS VEGAS- A bawdy gauntlet of street performers and tip-seeking costumed characters crowding Las Vegas' Fremont Street have been driving tourists away, city leaders said Wednesday as they moved toward imposing new rules to rein in the rowdy atmosphere. Fremont Street is the original Vegas gambling hotspot, where casinos got their start before the Strip grew...
Source: The Associated Press
Pennsylvania Real Estate reports 2Q results

The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 42 cents per share. Three analysts surveyed by Zacks expected $105.1 million. Pennsylvania Real Estate expects full-year funds from operations in the range of $1.84 to $1.89 per share.
Source: The Associated Press
Senator objects to anti-terrorism rules for online sites

WASHINGTON- A Democratic senator skeptical of broad government surveillance objected Tuesday to a bill that would have required social media and online sites like Google, Yahoo, Twitter and Facebook to alert U.S. authorities of any terrorist activity. The proposal had been tucked into a broader bill authorizing intelligence programs throughout the 2016...
Source: The Associated Press | By: By ANNE FLAHERTY, Associated Press
European markets close in the green  

CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Honeywell buying Melrose's Elster meter unit.
Source: CNBC.com
Reynolds American beats 2Q profit forecasts

WINSTON SALEM, N.C.- Reynolds American reported a surge in second-quarter profit with cigarette prices and volume rising. Earnings, adjusted for non-recurring gains, came to $1.02 per share, which was still 8 cents better than analysts had expected, according to a poll by Zacks Investment Research. It recently closed on a $25 billion takeover of Newport seller...
Source: The Associated Press