Dow Jones Newswires-Wall Street Journal | General Growth Properties Inc. swung to a first-quarter profit after prior-year impacts from its ongoing bankruptcy proceedings. The owner of 204 malls has been operating under Chapter 11 protection for more than a year in one of the biggest real-estate bankruptcies ever. Last week, a bankruptcy judge backed a $6.5 billion recapitalization plan from a group led by Brookfield Asset Management Inc.

Get the full story: wsj.com.