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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Oil recovers as market awaits US Fed decision
 

TOKYO (AP) — The price of oil recouped slips earlier in the week as the market waited Wednesday to see what the U.S. Federal Reserve would decide on monetary policy.

Benchmark U.S. crude for January delivery gained 22 centers to $97.44 a barrel on the New York Mercantile Exchange.

Depending on what the Fed does, the dollar could strengthen, making commodities priced in dollars more costly for overseas investors.

Natural gas stood at $4.30, while natural gas futures rose 1 cent, or 0.3 percent, to $4.30 per $1,000 cubic feet.

Markets are also monitoring fresh information on U.S. stockpiles of crude and refined products.

Data for the week ending Dec. 12 are expected to show a draw of 4 million barrels in crude oil stocks and a build of 1.4 million barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Brent crude, a benchmark for international oils, dipped 9 cents to $108.35 a barrel on the ICE Futures Exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was little changed to stand at $2.66 a gallon.

— Heating oil was also unchanged at $2.96.

 

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