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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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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Home health firm relocates to Ridglea from downtown

Southwest Home Health Services has leased new headquarters space in the Ridglea East Building in West Fort Worth, setting a plan in motion to relocate Oct. 1 from the downtown.

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Fort Worth tops in Texas for apartments, study finds

Fort Worth tops apartment markets statewide for the month of August 2014, according to research by Axiometrics Inc., a Dallas-based apartment market research and analysis firm.

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Range Resources production, profit surge in 2Q
 
 
A. Lee Graham
Reporter
 
Range Resources Corp. of Fort Worth has reported more than doubling its profit in second-quarter 2013 as the oil land gas company enjoyed a hefty production spike.
Revenues for the quarter totaled $673 million, 50 percent higher compared to the same quarter last year, while daily production reached a record of 910 million cubic feet equivalent of oil, a 27 percent increase over the same quarter last year.
Meanwhile, company profits totaled $144 million, or 88 cents per diluted stock share, up 159 percent compared to $56 million, or 34 cents per diluted share, in the same quarter last year.
Natural gas, natural gas liquids and oil sales rose 47 percent to $437.7 million
“With the progress made during the first half of 2013, we are focused on the higher end of our production growth range for 2013,” said president and CEO Jeff Ventura in a news release.
Leading the company’s growth was its approximate 1 million-acre leasehold in Pennsylvania, anchored by the Marcellus Shale.
“We believe that our 20 percent to 25 percent production growth that we expect to deliver for many years, coupled with the high returns, low cost and low reinvestment risk will drive substantial per-share value for our shareholders for years to come,” Ventura said.
Range Resources Corp. is an independent oil and natural gas producer focusing its operations in Appalachia and the southwest portion of the United States. More information is available at www.rangeresources.com
 
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?