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  • Guard kills robbery suspect outside Houston bank Friday, 12 Dec 2014 | 10:18 AM ET

    HOUSTON— Houston police say an armored car security guard has fatally shot a robbery suspect who flashed a gun outside a bank. Police say the armed suspect was killed Friday morning while trying to steal cash as an ATM was being filled. The armored car was parked outside of a Bank of America branch.

  • Quanex misses 4Q profit forecasts Friday, 12 Dec 2014 | 7:15 AM ET

    HOUSTON _ Quanex Building Products Corp. on Friday reported fiscal fourth-quarter profit of $5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Southwest plans to begin flights to Belize Thursday, 11 Dec 2014 | 3:10 PM ET

    DALLAS— Southwest Airlines expects to begin flights to Belize City next year as it expands international service. Southwest said that it also plans to fly to four destinations in Mexico— Mexico City, Cancun, Puerto Vallarta and Los Cabos— and to San Jose, Costa Rica, from a new international concourse being built at Houston's Hobby Airport. Southwest has taken over...

  • Men's Wearhouse posts 3Q profit Wednesday, 10 Dec 2014 | 5:42 PM ET

    HOUSTON _ The Men's Wearhouse Inc. on Wednesday reported profit of $6.8 million in its fiscal third quarter. The Houston- based company said it had net income of 14 cents per share. Men's Wearhouse shares have declined 17 percent since the beginning of the year.

  • Francesca's Holdings meets 3Q profit forecasts Wednesday, 10 Dec 2014 | 7:36 AM ET

    HOUSTON _ Francesca's Holdings Corp. on Wednesday reported fiscal third-quarter net income of $7.3 million. For the current quarter ending in January, Francesca's Holdings expects its per-share earnings to range from 13 cents to 19 cents. Francesca's Holdings expects full-year earnings in the range of 75 cents to 81 cents per share, with revenue ranging...

  • Asia shares drop as oil reinforces growth jitters Wednesday, 10 Dec 2014 | 12:21 AM ET

    The catalyst for the latest sell-off in oil was an OPEC report that projected demand for its crude would sink next year to levels not seen in more than a decade. The decline in the price of oil accelerated after the U.S. Energy Department reported that domestic oil inventories had increased. "The slide in oil has been pretty dramatic," said Randy Frederick, managing...

  • NCI Building beats 4Q profit forecasts Tuesday, 9 Dec 2014 | 4:36 PM ET

    HOUSTON TEXAS, Texas _ NCI Building Systems Inc. on Tuesday reported profit of $14.3 million in its fiscal fourth quarter. The Houston Texas, Texas- based company said it had profit of 19 cents per share. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

  • Lima climate talks set for record carbon footprint Tuesday, 9 Dec 2014 | 12:16 PM ET

    LIMA, Peru— The current U.N. climate talks will be the first to neutralize all the greenhouse gas pollution they generate, offset by host country Peru's protection of forest reserves, organizers say. Now the bad news: The Lima conference is expected to have the biggest carbon footprint of any U.N. climate meeting measured to date. Eleven football fields of...

  • NASA and Houston hospital work on spacesuit issue Tuesday, 9 Dec 2014 | 1:04 AM ET

    The bulky garment ended up in the state-of-the-art research lab after NASA sought innovative ways to pinpoint problems with its spacesuits in the wake of an Italian astronaut nearly drowning in his helmet during a 2013 spacewalk on the International Space Station. NASA hopes the advanced imaging equipment in the lab, including a CT scanner attached to a...

  • BP still shedding jobs, could say more this week Monday, 8 Dec 2014 | 6:49 PM ET

    DALLAS— BP PLC is still reducing jobs as is shrinks in the aftermath of the 2010 Gulf of Mexico oil spill, and the company might provide more details when it meets with investors this week. Brett Clanton, a BP spokesman in Houston, declined to say whether oil prices were causing the company to speed up layoffs, and he declined to put a number on the job cuts.

  • White House focuses on computer science in schools Monday, 8 Dec 2014 | 6:04 AM ET

    WASHINGTON— Smartphones and laptops have become essential tools for today's teenagers. The White House wants to help change that direction. The school districts encompassing New York, Los Angeles, Chicago, Miami, Las Vegas, Houston and Fort Lauderdale, Florida, are committing to offer the course in high school or middle school.

  • These states- Texas, Florida, Arizona, Nevada, North and South Carolina, Georgia and California- accounted for about half of the total job growth in the 12 months to September, according to RBC Capital Markets. The shift bodes well for D.R. Horton Inc, the largest U.S. homebuilder, and rivals Lennar Corp and PulteGroup Inc, each of which gets a large part of its revenue...

  • The fund, run by ex- Credit Suisse traders George "Beau" Taylor and Trevor Woods, runs a diversified energy-related portfolio, but the slump in oil prices to five-year lows after the OPEC meeting was a key driver, the sources said. Pierre Andurand, founder of the BlueGold fund that had gigantic gains during the 2008 oil market slump, made 18 percent last month at his...

  • NEW YORK, Nov 25- Oil tumbled 2 percent to near four-year lows on Tuesday in another volatile session as a meeting of Saudi Arabia and three other nations ahead of an OPEC summit ended with no deal to curb crude output. Saudi Oil Minister Ali al-Naimi held talks with officials from Venezuela, Russia and Mexico in Vienna before Thursday's summit of the Organization...

  • *Losses pared after WSJ reports OPEC may agree on cut. NEW YORK, Nov 25- Oil prices tumbled to near four-year lows before paring some losses on Tuesday as the market was hit with conflicting signals on whether OPEC will agree to curb output at its meeting this week. Crude prices reversed early gains and fell more than $1 a barrel after a meeting in Vienna on Tuesday...

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...

  • VANCOUVER, Nov 20- Canadian police said on Thursday they arrested environmental protesters who have been blocking work at two Kinder Morgan Energy Partners LP sites in the Vancouver suburb of Burnaby, three days after a court injunction for their removal came into effect. Kinder Morgan, which hopes to triple the size of its 300,000- barrel-per-day Trans...

  • Nov 19- A Houston- based wealth management firm must pay more than $3.8 million to a group of 19 ExxonMobil retirees who said the company mismanaged their investments and misled them about its trading strategy, according to a securities arbitration ruling. The ruling by a panel of three Financial Industry Regulatory Authority arbitrators found USCA Capital...

  • *Morgan Stanley analysts expect production cut sooner or later. NEW YORK, Nov 19- Oil prices rose on Wednesday after Libya's representative to OPEC fueled hopes of an output cut, prompting traders to focus on next week's meeting of the producer group and ignore an unexpected surge in U.S. crude inventories. U.S. crude and Brent futures shrugged off the bearish...

  • HOUSTON, Nov 19- Four workers who died on Saturday at a DuPont and Co plant in Texas were accidentally asphyxiated by chemicals, the coroner's office said on Wednesday, another finding that suggests the victims were not wearing full safety equipment. A DuPont spokesman declined to say if the victims were caught by surprise by the chemical or sent to repair a leak...