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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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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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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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Oil declines after China trade data


The Associated Press

The price of oil declined Thursday after China's monthly trade data showed subdued imports by the world's largest crude consumer.

Benchmark U.S. crude for June delivery was down 39 cents at $100.38 a barrel at 0920 GMT in electronic trading on the New York Mercantile Exchange. The contract rose $1.27 to close at $100.77 on Wednesday.

Brent crude, a benchmark for international varieties of oil, was down 48 cents to $107.65 on the ICE exchange in London.

China's customs data showed that imports rose 0.8 percent in April, improving from the previous month's 11.3 percent decline but still subdued. Exports rose 0.9 percent, a recovery from March's 6.6 percent fall. Weak imports reflect slowing Chinese economic growth, which declined to 7.4 percent in the first quarter of year.

The decline in the oil price comes after a big jump Wednesday, which stemmed from a surprise decline in U.S. crude stockpiles.

In other energy futures trading on Nymex:

— Wholesale gasoline added 0.1 cent to $2.92 a gallon.

— Heating oil was down 1.4 cents to $2.914 a gallon

— Natural gas slipped 0.1 cent to $4.734 per 1,000 cubic feet.

 

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