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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Quicksilver closes sale of Sand Wash Basin holdings

Fort Worth-based Quicksilver Resources Inc. said May 1 it closed on the previously announced sale to Southwestern Energy Production Co. of its jointly owned holdings with SWEPI LP in the Sand Wash Basin for gross cash proceeds of $180 million.
Quicksilver received total cash proceeds of $93.5 million, which includes a deposit of $4.5 million received on March 4, 2014, when the agreement was executed.
The effective date of the sale is Jan. 1, 2014. Quicksilver’s first-quarter 2014 results will not include the impact of this transaction as the sale was reflected on the date proceeds were received, in accordance with accounting rules.
The sale is not expected to create income effects.


Quicksilver Resources is a publicly traded independent oil and gas company engaged in the exploration, development and acquisition of oil and gas, primarily from unconventional reservoirs including shales and coal beds in North America.
Quicksilver’s Canadian subsidiary, Quicksilver Resources Canada Inc., is headquartered in Calgary, Alberta.
Quicksilver’s common stock is traded on the New York Stock Exchange under the symbol “KWK.”
For more information about Quicksilver Resources, visit www.qrinc.com.

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?