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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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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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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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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 prices fall as market awaits US inventory data

The Associated Press

Oil prices edged lower in Asia Wednesday as market players tried to assess U.S. demand with the approach of warmer weather.

Anticipation of a buildup in U.S. crude inventories also helped send prices lower. Benchmark U.S. crude for April delivery was down 11 cents to $101.74 a barrel at 0650 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 99 cents to close Tuesday at $101.83.

Investors are waiting for a weekly fuel inventories report from the U.S. Energy Department for clues about the strength of demand. It is due later Wednesday.

An especially harsh U.S. winter this year has boosted energy demand but that impulse will fade as warmer weather starts to prevail.

The world has already grown jittery lately about a possible economic slowdown in China. The economy is still expanding at faster rates than Western nations but may be losing momentum, which would have significant effect on energy demand.

Brent crude, which is used to set prices for international varieties of crude, was down 16 cents to $109.35 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was almost unchanged at $2.97 per gallon.

— Heating was also little changed at $3.031 a gallon.

— Natural gas lost 13.8 cents to $4.958 per 1,000 cubic feet.

 

 

 

 

 

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