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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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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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What shutdown? Lockheed Martin soars

Ben Rooney

NEW YORK (CNNMoney) -- Lockheed Martin doesn't seem to be feeling the effects of the government shutdown.

The defense company and top government contractor said Tuesday that earnings jumped 16% to $2.57 per share in the third quarter. Analysts had forecast earnings of $2.26 per share, according to Thomson Reuters.

The results sent Lockheed shares up 3% in early trading. Shares of rival aerospace and defense company Boeing, which reports results Wednesday, were also higher.

Another company with big government contracts, United Technologie, also reported better-than-anticipated results on Tuesday. Its stock rose on the news as well.

Shares of defense contractors were among the hardest hit during the government shutdown. Lockheed and United Technologies each announced furloughs of some employees as a result of the shutdown.

Looking ahead, Lockheed now expects to earn between $9.40 and $9.70 per share in 2013, up from a previous estimate of between $9.20 and $9.50 per share.

However, Lockheed said sales were down 4% in the third quarter. The company has been hit by recent cuts in defense spending.

The outlook for 2014 is also less optimistic. Lockheed expects sales to decline a bit next year, although margins should hold steady.

The company's outlook is based on three assumptions: the government continues to fund the "key programs" where Lockheed has contracts, that Congress passes a budget "on a timely basis," and that forced cuts in federal spending known as "sequestration" are not worse than expected.

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