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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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Fort Worth launching Stockyards design task force

The task force, to be chaired by the Fort Worth architect Eric Hahnfeld, would be responsible for confirming the boundaries of the city's planned Stockyards design district and reviewing the work of a consultant.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Devon Energy reports 2Q earnings surge
 
 
 
A. Lee Graham
Reporter
 
Devon Energy Corp. has reported net earnings of $683 million, or $1.69 per common share, for the second quarter of 2013.
 
That’s 43 percent more than the same quarter last year when the Oklahoma City-based company reported net earnings of $477 million, or $1.18 per share.
 
Not including items securities analysts often exclude from their published estimates, the company earned $491 million, or $1.21 per diluted share in the second quarter. That represents 119 percent more compared to the second quarter of 2012.
 
Total production surged to an average of 698,000 oil-equivalent barrels per day in second-quarter 2013, surpassing the peak of the company’s guidance range by 8,000 barrels per day. That’s the highest average daily rate in Devon’s history from its North American property base, the company said.
 
Helping the company’s second-quarter production was better-than-expected results from the Barnett Shale and the Permian Basin, among other core development areas.
 
“The second quarter was an outstanding one for Devon as we continued to successfully grow high-margin oil production,” said president and CEO John Richels in a news release.
 
“We remain on track to deliver total companywide oil production growth in the high teens for 2013, led by light-oil growth of nearly 40 percent in the U.S.,” Richels said.
 
Devon Energy Corp. is an independent oil and gas exploration and production company. More information is available at www.devonenergy.com.
lgraham@bizpress.net

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