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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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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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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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Oil rises above $94 ahead of OPEC meeting

KUALA LUMPUR, Malaysia (AP) — The price of oil extended gains to rise above $94 a barrel Tuesday, ahead of an OPEC meeting and bolstered by encouraging manufacturing data from the world's top two economies.

Benchmark U.S. crude for January delivery was up 29 cents to $94.11 a barrel at midafternoon Kuala Lumpur time on the New York Mercantile Exchange. The contract added $1.10 to close at $93.82 on Monday.

Investors are looking to a meeting of the Organization of Petroleum Exporting Countries in Vienna on Wednesday for an update on production levels.

Analysts at JBC Energy in Vienna estimate that OPEC's crude output fell to 29.44 million barrels a day in November, the lowest since May 2011 and the third straight month with output below 30 million. Most of the difference was attributed to production and export snags in Libya, where political volatility and the effects of the 2011 civil war continue to affect the oil industry.

Oil prices were also buoyed by fresh data pointing to steady manufacturing growth in the U.S. and China.

U.S. manufacturing grew in November at the fastest pace in 2 1/2 years as factories ramped up production, stepped up hiring and received orders at a healthy clip. Manufacturing activity has now expanded for six straight months after hitting a rough patch in the spring, suggesting that growth was solid in the October-December quarter.

Chinese manufacturing also continued to grow slightly last month, two surveys showed, in evidence that a recovery in the world's No. 2 economy was continuing, albeit at a modest pace.

Brent crude, a benchmark for international oils, was flat at $111.45 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was little changed at $2.678 a gallon.

— Heating oil was steady at $3.05 a gallon.

— Natural gas fell 0.7 cent to $3.981 per 1,000 cubic feet.

 

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Did the College Football Playoff Committee get it right?