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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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Cash America CEO to retire in April 2015

Daniel R. Feehan, president and chief executive officer of Fort Worth-based Cash America International Inc., said July 23 he will retire on April 30, 2015.
Feehan, 63, will remain on the company’s board of directors and will assume the role of chairman of the board following his retirement.
Jack Daugherty, the payday lender and pawnshop’s founder and current board chairman, will step down as chairman at that time but will continue to serve on the board.
The specific details of Feehan’s retirement, including the details of any retirement package, are expected to be finalized early next year.
“I am extremely proud to have been a part of the Cash America family for nearly 30 years. We have a wonderful team of dedicated coworkers who exemplify our core values and work hard to provide valuable services to our customers and value for our shareholders. Cash America has a very bright future and I believe the timing for a change in leadership is right for both me and the company,” Feehan said in a news release.
The board has appointed a special committee to search for a new CEO.
Cash America International Inc. trades on the New York Stock Exchange under the symbol CSH.
As of June 30, 2014, Cash America International operated 1,004 locations, including 869 lending locations in 22 states in the United States; 47 pawn lending locations in central and southern Mexico; and 88 check cashing centers operating in 14 states in the U.S.
Additionally, the company offered consumer loans via the Internet to customers in 33 states in the U.S., in the United Kingdom, Australia and Canada.
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?