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Fort Worth's TPG takes controlling interest in Hollywood, sports powerhouse

A Fort Worth firm has gone Hollywood.

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Downtown Fort Worth TIF reaches parking agreement with four garages

The TIF board will meet Oct. 29 to consider the agreements.

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Oil price drop goes unnoticed in Texas' Eagle Ford shale

CUERO, Texas — From her vantage point of the U.S. shale oil boom, Jill Potts doesn't see anything to worry about.

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Renovated Daniel-Meyer to put TCU basketball in the spotlight

You might say the Texas Christian University men’s basketball team was the sacrificial lamb in the university’s football-motivated move from the Mountain West Conference to the Big 12 Conference. The rising

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E-Mist finds focus: Ebola gives infection control start-up its moment in spotlight

In the space of 72 hours, George Robertson found his company’s products on the cover of The New York Times and himself on CNN and WFAA, along with innumerable mentions in various media around the world.

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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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