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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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D.R. Horton reports 3Q

 

Fort Worth-based D.R. Horton Inc. announced Thursday its third-quarter profit fell to $146 million, or 42 cents per share, down from $787.8 million or $2.22 per share a year earlier. The year earlier quarter included a non-cash tax benefit of $716.7 million from a reduction. Revenue was up 47 percent to $1.6 billion compared to $1.1 billion a year earlier.


Donald R. Horton, Chairman of the Board, said, “Our homebuilding and financial services operations delivered strong results again this quarter, with a 580 basis point improvement in our pre-tax income margin to 12.1 percent and a 184 percent increase in our pre-tax income to $205.1 million,” said Donald R. Horton, chairman of the board. “ Homes sold, closed and in backlog all increased double-digit percentages, while the dollar values all increased 30 percent or more. Our average sales price increased 15 percent to $268,000, reflecting pricing power across most of our markets and increased demand from move-up buyers.”
 

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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?