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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

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Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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New call center brings 200 jobs to Dallas-Fort Worth area

 

Portfolio Recovery Associates Inc., a publicly traded financial and business services company, has opened a new call center in North Richland Hills that will bring 200 new jobs to the Dallas-Fort Worth area.
PRA plans to immediately hire 150 operations managers, account representatives and other professional positions, with an additional 50 employees by the end of 2014.


The company’s new 45,000-square-foot call center at 6341 Grapevine Highway in North Richland Hills will have capacity for more than 550 employees, and will play a key role in managing PRA’s continued growth.
“This year alone, PRA acquired nearly 3 million new accounts direct from major bank sellers of defaulted debt,” said Neal Stern, executive vice president of operations for PRA.
The company now manages more than 34 million accounts, largely defaulted credit card debt.


According to Stern, major banks are moving toward prohibiting “offshore collections” as a condition of selling their accounts to PRA.
“Major banks are seeing growing value in companies that will manage these accounts with U.S.-based talent,” Stern said. “With the opening of the new call center, PRA is bringing all of its U.S. collections jobs back to the U.S.,” he said.
The company closed its small offshore offices earlier this year.
Headquartered in Norfolk, Va., PRA has more than 3,300 employees in the United States and the United Kingdom.
Portfolio Recovery Associates Inc. trades on the Nasdaq under the symbol PRAA.
 

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