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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Norstra Energy addresses trading suspension, market activity
 
A. Lee Graham
Reporter
 
The U.S. Securities and Exchange Commission has temporarily suspended securities trading activity for Norstra Energy Inc. after the Southlake company said unnamed individuals have been promoting its stock.
“We seek to clarify that we have not engaged in any such activity and have no connections to, or relationships with, anyone who would be engaging in the promotion of our stock,” reads part of a company news release.
The promotional items in question include projections that the company said are not based on genuine analysis of its operations. 
“As an exploration stage enterprise, our focus must remain on developing our property interests to establish a commercially viable hydrocarbon resource,” the company said.
“This is where our attention and funds will remain focused, and we have not, and do not currently intend to, expend funds on stock promotional activity.”
The company plans to resume stock trading activity on July 10, 2013. More information is available at www.norstraenergy.com. Norstra Energy Inc. is an oil and gas exploration company with interests spanning more than 10,000 acres in the Bakken Shale in Montana.
 
lgraham@bizpress.net

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?