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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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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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Cheesecake Factory gets ready to serve; Sundance tree lighting set

The Cheesecake Factory at Sundance Square will open on Dec. 9, officials with Sundance announced today. The 8,800-square-foot restaurant - being built in the

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D.R. Horton reports quarterly profit

Home construction. CNN

Fort Worth-based D.R. Horton Inc reported a 173 percent jump in quarterly profit for its second fiscal quarter ended March 31, reflecting the increasing strength of the housing market.
Net income increased to $111 million, or 32 cents per share, in the second quarter from $40.6 million, or 13 cents per share, a year earlier.
Revenue rose 49 percent ot $1.39 billion.
Homes closed in the quarter increased 33 percent to 5,643, compared to 4,240 homes in the year-ago quarter.
“The spring selling season is off to a strong start at D.R. Horton, with robust demand driving higher sales volumes and favorable pricing, which is reflected in the 14 percent increase in our average selling price,” said Donald R. Horton, chairman, in a statement. “ We are in an excellent position to continue to meet increased sales demand and aggregate market share with 15,800 homes in inventory and 175,000 lots owned or controlled under option contracts, of which 58,000 lots are fully developed. “
 

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