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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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Ericsson and Samsung settle patent dispute, lawsuit in Texas court

STOCKHOLM (AP) — Swedish wireless equipment company LM Ericsson AB says it has settled a legal dispute with Samsung Electronics Co. about global patent licenses.

Ericsson said Monday the settlement means it will receive a one-off sum and ongoing royalty payments from the South Korean company that will boosts its sales in the fourth quarter 2013 by 4.2 billion Swedish kronor ($651 million). It said the positive effect on its fourth-quarter net income will be 3.3 billion kronor.

Shares in Ericsson rose by 2.4 percent to 76.85 kronor in early trading on the Stockholm stock exchange.

This deal ends complaints made by both companies against each other before the International Trade Commission, as well as the lawsuits before the U.S. District Court for the Eastern District of Texas.

 

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