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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

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Novartis names new leader for Alcon as Buehler retires

Jeff George 

Swiss drug maker Novartis International AG has appointed new heads of its Fort Worth-based eye care division Alcon and generics division Sandoz, the group’s second and third largest businesses after pharmaceuticals.


Jeff George, who joined Novartis in January 2007 and previously led Sandoz, will replace retiring Kevin Buehler as head of Alcon, effective May 1, Novartis said on April 9.


Richard Francis will become head of Sandoz, the company added. Francis previously had leadership roles in sales and commercial divisions of Sanofi and Wyeth.


Under George’s leadership, Sandoz grew from $7.5 billion in sales in 2009 to $9.2 billion in 2013. He also oversaw Sandoz’ expansion to 164 countries globally, where it has more than 26,000 associates.


The three Alcon businesses – surgical, pharmaceutical and vision care – generated net sales of $10.5 billion in 2013. Alcon has more than 24,000 employees worldwide, with operations in 75 countries and products available in 180 markets.


-Betty Dillard
bdillard@bizpress.net
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?