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Rick Perry, 2 other GOP governors blast Medicare Advantage rates

TALLAHASSEE, Fla. (AP) — Three Southern Republican governors are writing President Barack Obama to complain about newly announced Medicare Advantage payments.

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New retailer, restaurant coming to Sundance Square

Sundance Square announced today it is adding a new retailer and a Korean restaurant to its misx. Women’s retailer White House Black Market will open a 3,815-square-foot store at the corner of Houston

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Cassco breaks ground on apartments at Clearfork

Cassco Development has broken ground on 392 apartments, the first multifamily phase in the 270-acre project fronting the Trinity River in west Fort Worth, the firm said said Tuesday.

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I-30 entrance ramps near downtown to close permanently on Friday

Major traffic changes await Fort Worth motorists when the westbound Forest Park Boulevard exit from Interstate 30 and the Summit-Eighth avenues I-30 entrance ramp close permanently.

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Colonial names new general manager

Michael Rushing has been named the general manager at Fort Worth’s historic Colonial Country Club, the home of the annual PGA Tour event, the Crowne Plaza Invitational at Colonial.

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Horton reports 4Q, year-end results

 

Fort Worth-based D.R. Horton Inc. reported a profit of $139.5 million, or 40 cents per share, in its fiscal fourth quarter. Company officials said the results indicate home values across the country are increasing.
The company had reported a profit of $100.1 million, or 30 cents per share, in the same quarter a year earlier.


Home building revenue was $1.8 billion, up from $1.3 billion in the same quarter in 2012. However, the company also reported that orders for new homes had slipped in quarter.


Net income for the fiscal year ended Sept. 30, 2013 was $462.7 million, or $1.33 per diluted share, compared to $956.3 million, or $2.77 per diluted share, in fiscal 2012. The results in fiscal 2012 included a non-cash tax benefit of $753.2 million from a reduction of the company's valuation allowance on its deferred tax assets. Homebuilding revenue for the fiscal year ended Sept. 30, increased 44 percent to $6.1 billion from $4.2 billion in fiscal 2012. Homes closed in fiscal 2013 increased 28 percent to 24,155, compared to 18,890 homes in fiscal 2012.
 

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