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Top News & Analysis Dallas

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  • Basic Energy reports 2Q loss Thursday, 30 Jul 2015 | 7:28 PM ET

    FORT WORTH, Texas _ Basic Energy Services Inc. on Thursday reported a second-quarter loss of $48.3 million, after reporting a profit in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of $1.15 per share. Nine analysts surveyed by Zacks expected $207.1 million.

  • Cash America tops 2Q profit forecasts Thursday, 30 Jul 2015 | 6:45 AM ET

    FORT WORTH, Texas _ Cash America International Inc. on Thursday reported second-quarter net income of $2.1 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Cash America shares have risen 21 percent since the beginning of the year.

  • Range Resources reports 2Q loss Tuesday, 28 Jul 2015 | 5:09 PM ET

    FT WORTH, Texas _ Range Resources Corp. on Tuesday reported a second-quarter loss of $118.6 million, after reporting a profit in the same period a year earlier. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. Range Resources shares have decreased 18 percent since the beginning of the year, while the...

  • D.R. Horton beats Street 3Q forecasts Tuesday, 28 Jul 2015 | 7:21 AM ET

    FORT WORTH, Texas _ D.R. Horton Inc. on Tuesday reported fiscal third-quarter net income of $221.4 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. D.R. Horton shares have risen roughly 6 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • American Airlines beats 2Q profit forecasts Friday, 24 Jul 2015 | 7:09 AM ET

    FORT WORTH, Texas— Dramatically cheaper jet fuel helped American Airlines nearly double its second-quarter profit to $1.7 billion despite lower revenue. "Our largest cost has fallen 50 percent" since last summer, said CEO Doug Parker. American's fuel bill dropped by more than $1 billion— a 37 percent savings— compared with the same quarter last year.

  • MILLSAP, Texas— Billionaire Alice Walton plans to sell all of the cutting horses from her North Texas ranch as she gets out of the breeding business. Western Bloodstock Ltd. will conduct the sale at Walton's Rocking W Ranch near Millsap, 40 miles west of Fort Worth. Walton, who's bred cutting horses since she was a teenager, is the daughter of Wal-Mart founder Sam...

  • DALLAS— Southwest Airlines is packing more passengers on planes than last summer and paying sharply lower prices for fuel. Southwest said Thursday that it earned a record $608 million in the second quarter, up 31 percent from a year earlier. Southwest benefited from the sharp drop in oil prices late last year.

  • Power House: Dallas Thursday, 23 Jul 2015 | 12:00 AM ET
    Power House: Dallas

    CNBC's Power House takes a look at Dallas, Texas real estate. Laura Barnett of RE/MAX has the details.

  • Man arrested in laser pointer incidents near DFW airport Wednesday, 22 Jul 2015 | 1:27 PM ET

    No crewmembers or passengers were hurt but controllers changed the flight paths of the aircraft, which continued on to DFW airport, Dallas Love Field or Alliance Airport in Fort Worth, according to the Federal Aviation Administration. Austin Lawrence Siferd, 23, of Alvarado, was arrested on a misdemeanor charge of illumination of an aircraft by intense light.

  • Mark Cuban puts asterisk on Donald Trump's billions Tuesday, 21 Jul 2015 | 1:47 PM ET
    Mark Cuban

    Mark Cuban did not question Donald Trump's views on politics, but rather how much the GOP Presidential hopeful is actually worth.

  • BILLINGS, Mont.— A train that derailed and spilled 35,000 gallons of oil in northeastern Montana was traveling within authorized speed limits, federal officials said Monday as they continued to probe the accident's cause. The Burlington Northern Santa Fe Railway train loaded with crude from North Dakota was traveling 44 mph before Thursday's wreck, U.S....

  • SAN FRANCISCO, July 15- Venture-backed lender ZestFinance is raising its standards: its latest product targets subprime borrowers. "Our motivation was middle America, where a small problem, a health issue or bad divorce, could push a perfectly hard-working person out of the core banking system," ZestFinance chief executive Douglas Merrill told Reuters by email.

  • SAN FRANCISCO, July 7- Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall. The center will also be powered entirely by renewable energy, Tom Furlong, Facebook's vice president of infrastructure, wrote in a blog post. Facebook opened its first data center in Prineville, Oregon, in...

  • Facebook to build new data center in Forth Worth Tuesday, 7 Jul 2015 | 1:55 PM ET

    SAN FRANCISCO, July 7- Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall. The center will also be powered entirely by renewable energy, Tom Furlong, Facebook's vice president of infrastructure, wrote in a blog post. Facebook opened its first data center in Prineville, Oregon, in...

  • June 26- A federal appeals court on Friday ordered a union negotiating seniority rights of former US Airways and America West pilots to stop favoring the US Airways pilots, in a divisive decade-old dispute overhanging the 2013 merger that created American Airlines Group Inc.. By a 2-1 vote, the 9th U.S. Circuit Court of Appeals instructed the US Airline Pilots...

  • Buyout firm TPG says former spokesman has dropped lawsuit Wednesday, 17 Jun 2015 | 3:14 PM ET

    June 17- TPG Capital LP said on Wednesday its former head of public affairs, who had accused it of violating securities regulations and defrauding investors out of millions of dollars, had agreed to drop his lawsuit against the buyout firm. In his lawsuit in April, Levine stated he had contacted the SEC about his concerns. An SEC spokeswoman declined to comment on...

  • Suspect in Dallas police shootout believed dead Saturday, 13 Jun 2015 | 12:53 PM ET

    A suspected gunman who ambushed Dallas police headquarters Saturday morning was shot and is believed to be dead, officials said.

  • Don't mess with Medicaid expansion? Texas' lesson Friday, 29 May 2015 | 3:38 PM ET
    Former Texas Gov. Rick Perry (L) leads a press conference with UT Southwestern Medical Center President Daniel Podolsky.

    Texas is forgoing about $100 billion in federal funds by not expanding a major health program for the poor.

  • Still a great time to buy: Home Builders Assoc. Thursday, 28 May 2015 | 4:30 PM ET
    Laborers raise a wall on a new home under construction at Taylor Morrison Home Corp.'s La Solara Community in Dublin, California.

    Despite talk of a hot real estate market, housing is affordable in much of the nation, the National Assoc. of Home Builders CEO says.

  • 7 major housing markets now 'overvalued' Friday, 22 May 2015 | 12:54 PM ET
    Aerial view of an Austin, Texas suburb.

    Seven out of the top 100 metropolitan U.S. housing markets are considered overvalued, compared to four last fall.