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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 above $103 after China manufacturing improves
 


The Associated Press

Oil prices rose Monday on the prospect of increased demand from China after data showed an improvement in manufacturing.

Benchmark U.S. oil for July delivery was up 58 cents to $103.29 a barrel at 0630 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 87 cents to close at $102.71 on Friday.

Chinese data showed Sunday that manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world's second-largest economy is stabilizing.

The China Federation of Logistics and Purchasing said that its monthly manufacturing index rose to 50.8 points in May on a 100-point scale on which numbers above 50 show activity expanding. It was the index's highest level this year.

Brent crude, a benchmark for international oils, added 34 cents to $109.75 a barrel in London.

Traders are focused on U.S. jobs data set to be released later in the week that could prop up expectations for higher demand.

In other energy futures trading on Nymex:

— Wholesale gasoline inched up 1.3 cents to $2.985 a gallon.

— Natural gas rose 2.7 cents to $4.569 per 1,000 cubic feet.

— Heating oil gained 0.7 cent to $2.895 a gallon.

 

 

 

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