GO
Loading...

Texas

More

  • NEW ORLEANS— Amid falling oil prices, a South Africa- based energy company is delaying final plans for a $14 billion gas-to-liquid plant in Louisiana. Sasol made the announcement Wednesday in a news release about its plans to conserve cash in response to lower world oil prices. The statement says construction on an ethane cracker at its complex near Lake Charles,...

  • Cullen/Frost meets 4Q profit forecasts Wednesday, 28 Jan 2015 | 9:21 AM ET

    SAN ANTONIO _ Cullen/Frost Bankers Inc. on Wednesday reported fourth-quarter net income of $72.7 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of $1.11 per share. Analysts expected $277.2 million, according to Zacks.

  • LONDON, Jan 28- Motorists in California purchased more gasoline in October 2014 than any corresponding month since 2007, according to state tax records, confirming the renewed growth in U.S. fuel demand. In October, California gasoline sales hit 1.272 billion gallons, up from 1.242 billion gallons in October 2013. Multiplying up to national level, gasoline...

  • Brinker International beats Street 2Q forecasts Wednesday, 28 Jan 2015 | 7:54 AM ET

    DALLAS _ Brinker International Inc. on Wednesday reported fiscal second-quarter net income of $41.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Brinker International shares have climbed 5 percent since the beginning of the year.

  • Creating an old-girls network in Silicon Valley Wednesday, 28 Jan 2015 | 7:00 AM ET

    Jan 28- Thanks to Facebook COO Sheryl Sandberg and her mega-bestselling book, Lean In, the gender-disparity debate has been front and center for years now in Silicon Valley. "Work your relationships," says Lisa Lambert, a VP with Intel Corp.' s venture-capital unit. She has launched a new chapter in Israel, and plans four more this year, in Bangalore; London; Austin, Texas;...

  • WASHINGTON— As the Federal Reserve ends its latest policy meeting Wednesday, it is widely expected to repeat the pledge it made in December: That it will be "patient" in raising interest rates from record lows. The stronger dollar makes foreign goods cheaper in the United States. The statement that Chair Janet Yellen and her colleagues will issue after the meeting...

  • Between the 2009 and 2013 fiscal years, funding for a wide swath of discretionary grant programs, from Head Start preschool education to anti drug initiatives, fell by an average of 40 percent in Republican-leaning states like Texas and Mississippi. By contrast, funding to Democratic-leaning states such as California and politically competitive swing...

  • SAN FRANCISCO, Jan 27- Freescale Semiconductor Ltd gave a revenue forecast for the current quarter above Wall Street's expectations, and its shares rose 12 percent in extended trade as its chief executive pointed to growing demand from automobile makers for its chips. Freescale makes chips used in a broad range of markets, including consumer products,...

  • Flotek Industries beats 4Q profit forecasts Tuesday, 27 Jan 2015 | 6:10 PM ET

    HOUSTON _ Flotek Industries Inc. on Tuesday reported fourth-quarter profit of $16.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Flotek Industries shares have declined roughly 10 percent since the beginning of the year.

  • Ezcorp misses Street 1Q forecasts Tuesday, 27 Jan 2015 | 5:54 PM ET

    AUSTIN, Texas _ Ezcorp Inc. on Tuesday reported fiscal first-quarter earnings of $15.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Ezcorp shares have declined 1 percent since the beginning of the year.

  • ViewPoint tops 4Q profit forecasts Tuesday, 27 Jan 2015 | 5:48 PM ET

    PLANO, Texas _ ViewPoint Financial Group Inc. on Tuesday reported fourth-quarter profit of $5.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Analysts expected $41.2 million, according to Zacks.

  • DALLAS— AT&T booked a nearly $4 billion loss for the fourth quarter because of a slew of one-time expenses that included a loss on benefit plans, but its revenue grew 4 percent to top expectations. The company posted a loss of $3.98 billion, or 77 cents per share, for the final three months of 2014. Excluding multiple one-time items, it earned 55 cents per share.

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • *Coming up: API weekly oil data at 2130 GMT. NEW YORK, Jan 27- Oil prices jumped as much 3 percent on Tuesday as a weaker dollar propped up commodities priced in the currency, prompting short-covering in a market that has sold off with little pause over the past seven months. The American Petroleum Institute, an industry group, will release its weekly inventory report...

  • FARGO, N.D.— A lawsuit accusing oil-services company Schlumberger Ltd. of failing to pay overtime wages in North Dakota's oil patch can move forward, a federal judge says. Judge Ralph Erickson's ruling, released Monday, grants conditional class-action status to the suit filed by a former employee of Houston- based Schlumberger, which provides technology and...

  • WASHINGTON— Some 9.5 million people have already signed up for 2015 coverage under President Barack Obama's health care law, and the administration is on track to surpass its nationwide enrollment target set last year. The Health and Human Services Department said Tuesday that, through the middle of January, more than 7.1 million people had signed up in 37...

  • NASHVILLE, Tenn.— Google said Tuesday it has selected four metro areas in the Southeast to receive its fiber optic service that can deliver Internet speeds at more than 50 times the national broadband average. Google officials said five Western cities previously identified as finalists remain in the running for fiber down the line. "We had four cities here in the...

  • WASHINGTON, Jan 27- The top U.S. housing regulator on Tuesday said his agency would make a decision by the end of this quarter on fees Fannie Mae and Freddie Mac charge lenders for guaranteeing mortgages. The mortgage industry has been awaiting a final decision by Federal Housing Finance Agency Director Mel Watt. Speaking before his former colleagues on the...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...