Join The Discussion

 

Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

read more >

UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

read more >

Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

read more >

Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

read more >

Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

read more >

Global Geophysical files for bankruptcy protection

HOUSTON (AP) — Global Geophysical Services Inc., which provides seismic data to oil and gas companies, has filed for Chapter 11 bankruptcy protection.

CEO Richard White said in a statement late Tuesday that the Houston company has been burdened with "significant debt" incurred over the last several years.

White said Global Geophysical Services has been in talks with its lenders and bondholders to start exploring methods to improve its liquidity.

"We are beginning the process of developing a consensual financial restructuring plan that will reduce the company's debt and align our financial profile with the strength of our operations," he said.

White added that Global Geophysical Services has a strong backlog and is seeing increased demand for its services.

Global Geophysical Services filed for bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas, Corpus Christi Division. It has asked for authority to continue to support its international operations and plans to pay suppliers in full under normal terms for goods and services provided after the Tuesday filing date.

The company's subsidiaries outside the U.S. were not included in the filing.
 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?