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  • PASADENA, Calif. _ Alexandria Real Estate Equities Inc. on Monday reported a key measure of profitability in its second quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of $1.31 per share. Alexandria Real Estate Equities expects full-year funds from operations to be $5.21 to $5.27 per share.

  • SAN JOSE, Calif. _ Cadence Design Systems Inc. on Monday reported second-quarter earnings of $58.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Four analysts surveyed by Zacks expected $418.2 million.

  • SAN JOSE, Calif. _ Harmonic Inc. on Monday reported a loss of $994,000 in its second quarter. On a per-share basis, the San Jose, California- based company said it had a loss of 1 cent. For the current quarter ending in September, Harmonic said it expects revenue in the range of $92 million to $102 million.

  • SAN JOSE, Calif. _ Monolithic Power Systems Inc. on Monday reported second-quarter profit of $7.9 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Seven analysts surveyed by Zacks expected $81 million.

  • SANTA CRUZ, Calif. _ Plantronics Inc. on Monday reported fiscal first-quarter net income of $21.2 million. Four analysts surveyed by Zacks expected $205.4 million. For the current quarter ending in September, Plantronics expects its per-share earnings to range from 58 cents to 66 cents.

  • Under the deal, Comcast's Xfinity TV customers in the United States will get Discovery's 12 U.S. networks, allowing them to access both past and current Discovery content on mobile devices for the first time. Discovery and Comcast had previously clashed over Comcast's scuttled deal to acquire Time Warner Cable Inc earlier this year. Comcast had accused...

  • SAN FRANCISCO— A federal appeals court Monday dismissed a legal challenge to a California law banning the sale, distribution and possession of shark fins. The legislation does not conflict with a 19th century law that gives federal officials authority to manage shark fishing off the California coast or significantly interfere with interstate commerce, the...

  • SAVANNAH, Ga.— Buoyed in part by labor woes on the West Coast, the booming seaports in Savannah and Brunswick saw another fiscal year of record-smashing amounts of cargo moving across their docks, the Georgia Ports Authority reported Monday. Savannah benefited this past year from a labor dispute that was blamed for slowdowns at West Coast ports such as Los...

  • NEW YORK— The Apple Watch is heading to some Best Buy stores ahead of the holiday shopping season. Best Buy Co. says it will sell the Apple Watch at 100 of its stores and on its website on August 7. Best Buy, which has more than 1,000 stores in the U.S., says it's the first national retailer to sell the watch outside of Apple Inc.' s stores.

  • MILAN, July 27- A strong dollar and hot weather in Europe helped Luxottica, the world's biggest eyewear group, achieve a 25 percent rise in net income for the second quarter, it said on Monday. Luxottica also saw sales surge in China in the second quarter. The United States remains by far Luxottica's biggest market, followed by Europe where the company has benefited...

  • SAN FRANCISCO— Jody Kearns doesn't like to spend time obsessing about her Parkinson's disease. The 56- year-old dietitian from Syracuse, New York, had to give up bicycling because the disorder affected her balance. More than 75,000 people have enrolled in health studies that use specialized iPhone apps, built with software Apple Inc. developed to help turn the...

  • ROCHESTER, N.Y.— The philanthropic foundation founded by Paychex Inc. founder and chairman Thomas Golisano is donating $25 million to the Special Olympics, the largest single private gift in the athletic organization's 47- year history. In 2012, Golisano donated $12 million to Special Olympics to help it launch an initiative to ensure people with...

  • IRVINE, Calif. _ Opus Bank on Monday reported second-quarter earnings of $17.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. Opus Bank shares have increased 33 percent since the beginning of the year.

  • SACRAMENTO, Calif.— The cost of private individual health plans on California's state-run market will increase about 4 percent for the second straight year, evidence the strategy of forcing insurers to compete is controlling costs, program officials said Monday. The average increase in Southern California is 1.8 percent, for a total of $296 a month, compared to...

  • ROCHESTER, N.Y.— Rochester, whose fortunes have risen and fallen with the demand for futuristic technologies from former powerhouses like Xerox and Kodak, is looking for its next big breakthrough in the field of integrated photonics, a light science with the potential to transform communications, medicine and national defense. "You've gone from making Brownie...

  • "We're not taking up the Senate bill," the California Republican told reporters at the Capitol, adding that the Senate should instead take up the bill already passed by the House. "My best advice to the Senate is to get our highway bill moved forward," he said. Hours later, in a hectic late-night session, the Senate voted 64-29 to include the provision reviving the...

  • BANGKOK— Thailand's beleaguered national airline said Monday it will suspend flights to the U.S. as part of efforts to end years of losses. The airline will suspend the unprofitable four roundtrip flights per week from Bangkok to Los Angeles and from Bangkok to Rome, starting October 25, Thai Airways President Jarumporn Chotikasathein said in a statement.

  • SAN FRANCISCO— The American Beverage Association has sued the city of San Francisco, claiming new legislation requiring health warning labels on sugary beverages and prohibiting advertisements of them on city property violates the First Amendment. The San Francisco Chronicle reports the association filed the lawsuit on Friday. Information from: The San...

  • CAMARILLO, Calif.— The average price of gasoline has dropped a penny over the past two weeks to $2.82 a gallon. The cheapest price recorded in the continental United States was $2.33 a gallon in Birmingham, Alabama. The highest was $4.13 a gallon in Los Angeles.

  • LOS ANGELES, July 26- Adam Sandler's star appears to have dimmed significantly, after "Pixels," a slice of arcade game nostalgia that recruited the likes of Pac-Man and Donkey Kong to appear alongside the funnyman, opened to a disappointing $24 million at the domestic box office. That marks the weakest chart-topping performance since April 24 when "Furious 7," then...