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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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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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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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Southwest traffic, revenue figure jump in December

DALLAS (AP) — A key revenue figure for Southwest Airlines Co. soared in December on stronger passenger traffic, a sharp turnaround from November that may have reflected the unusually late Thanksgiving holiday.

Southwest said Wednesday that passenger revenue for every seat flown one mile last month rose between 14 percent and 15 percent from the same month in 2012. In November, the same figure declined 6 percent, and company officials blamed the drop partly on Thanksgiving falling on Nov. 28, meaning that some passengers returned home the following Sunday, Dec. 1.

The results include Southwest's AirTran Airways subsidiary.

The per-mile revenue figure is a closely watched measure of financial performance in the airline business. It rises when average ticket prices increase and when more seats are filled.

Southwest didn't disclose its average December fare, but it reported a 9.8 percent increase in traffic. Paying passengers flew 8.98 billion miles last month on Southwest and AirTran, up from 8.17 billion miles in December 2012.

Passenger-carrying capacity, measured in seats times miles flown, rose 3.4 percent. Since traffic rose faster than Southwest and AirTran added seats, the average flight was 82.8 percent full, up from 78 percent full in December 2012.

For all of 2013, traffic on Southwest and AirTran rose 1.4 percent, capacity was increased by 1.7 percent, and average occupancy dipped to 80.1 percent from 80.3 percent in 2012.

Shares of Dallas-based Southwest, the nation's fourth-biggest airline, rose 31 cents to $19.84 in afternoon trading. At the beginning of the day's session, they had gained 77 percent in the past 12 months.

 

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Did the College Football Playoff Committee get it right?