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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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MTGE acquires Fort Worth-based mortgage servicer

 

Bethesda, Md.-based American Capital Mortgage Investment Corp. (Nasdaq: MTGE) announced Dec. 4 that, through a subsidiary, it has acquired Residential Credit Solutions Inc., a licensed mortgage servicer based in Fort Worth.


Formed in 2006, RCS as obtained approvals from the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corp. (Freddie Mac) and the Government National Mortgage Association (Ginnie Mae) and the requisite state licenses to hold and manage mortgage servicing rights (MSRs). No price was given for the transaction.


"We believe that MTGE's investment capabilities and capital base form a strong complement to our servicing operations and will provide new and attractive growth opportunities for RCS," said Dennis Stowe, CEO of RCS in a news release. "We eagerly anticipate working with the MTGE team and executing upon our growth strategy."
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?