GO
Loading...

Texas

More

  • Patterson-UTI quarterly profit plunges 78.5 pct Thursday, 23 Oct 2014 | 6:16 AM ET

    Oct 23- Patterson-UTI Energy Inc, one of the largest U.S. onshore rig contractors, reported a 78.5 percent fall in quarterly profit as its costs surged. Net income fell to $16 million, or 11 cents per share, in the quarter from $74.4 million, or 51 cents per share, a year earlier. The Snyder, Texas- based company's revenue rose 15.7 percent to $845.6 million.

  • Cenovus Energy profit falls 4 pct Thursday, 23 Oct 2014 | 6:13 AM ET

    Oct 23- Cenovus Energy Inc, Canada's No.2 independent oil producer, said its quarterly profit fell 4 percent, hurt by an unplanned outage at a refinery. Net income fell to C $354 million, or 47 Canadian cents per share in the third quarter ended Sept. 30, from C $370 million, or 49 Canadian cents per share, a year earlier. Operating cash flow from refining fell 53 percent to...

  • Diamond Offshore profit drops 44 pct due to charges Thursday, 23 Oct 2014 | 6:12 AM ET

    Oct 23- Diamond Offshore Drilling Inc reported a lower third-quarter profit, hurt by a non-cash impairment charge of $109 million before tax as a result of retiring and scrapping six semisubmersible rigs. Net income fell to $52.6 million, or 38 cents per share, in the quarter ended Sept. 30, from $94.7 million, or 68 cents per share, a year earlier.

  • La Quinta misses 3Q profit forecasts Thursday, 23 Oct 2014 | 5:03 AM ET

    IRVING, Texas _ La Quinta Holdings Inc. on Wednesday reported earnings of $21 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Analysts expected $263.4 million, according to Zacks.

  • Tyler Technologies beats Street 3Q forecasts Wednesday, 22 Oct 2014 | 6:58 PM ET

    DALLAS _ Tyler Technologies Inc. on Wednesday reported third-quarter net income of $17 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Analysts expected $124.2 million, according to Zacks.

  • Oct 22- Texas tycoon Sam Wyly, who filed for bankruptcy this week, is trying to exhaust his fortune through exorbitant spending to impede the U.S. Securities and Exchange Commission's collection of a $198.1 million fraud claim against him, the regulator told a U.S. judge on Wednesday. During a hearing in Dallas bankruptcy court, a lawyer for the SEC criticized...

  • Flotek Industries posts 3Q profit Wednesday, 22 Oct 2014 | 6:39 PM ET

    HOUSTON _ Flotek Industries Inc. on Wednesday reported earnings of $14.3 million in its third quarter. On a per-share basis, the Houston- based company said it had profit of 26 cents. Flotek Industries shares have increased 7.5 percent since the beginning of the year.

  • FedEx, UPS make plans for a better holiday season Wednesday, 22 Oct 2014 | 5:14 PM ET

    DALLAS— Facing an even bigger mountain of packages this holiday season, FedEx and UPS are hiring more workers to avoid the delays that frustrated shoppers and gift-recipients a year ago. On Wednesday, FedEx Corp. said it expects deliveries between Thanksgiving and Christmas Eve to rise 8.8 percent over last year, to 290 million shipments.

  • Tablets, cars drive AT&T wireless gains_not phones Wednesday, 22 Oct 2014 | 4:50 PM ET

    Also, AT&T is trying to wean customers off equipment subsidies and shift them toward installment plans in which they ultimately pay full price for a phone— $650 for an iPhone 6, for instance, compared with $200 under subsidy pricing. That shift means it books less service revenue in the short term, as the company offers monthly discounts of $15 or $25 per phone.

  • Torchmark misses Street 3Q forecasts Wednesday, 22 Oct 2014 | 4:45 PM ET

    MCKINNEY, Texas _ Torchmark Corp. on Wednesday reported profit of $132.4 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share. Analysts expected $974.7 million, according to Zacks.

  • AT&T misses Street 3Q forecasts Wednesday, 22 Oct 2014 | 4:39 PM ET

    DALLAS _ AT&T Inc. on Wednesday reported earnings of $3 billion in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. Analysts expected $33.25 billion, according to Zacks.

  • California malpractice cap generates big spending Wednesday, 22 Oct 2014 | 3:55 PM ET

    SACRAMENTO, Calif.— Bob Pack wanted to go after the HMO doctors for recklessly prescribing painkillers to a drug-abusing nanny who ran over his 10- year-old son and 7- year-old daughter as they were heading for ice cream one early fall evening in 2003.. But under California's 1970 s-era medical malpractice law there was a $250,000 cap on pain and suffering.

  • Correction: Air Bag Recall-Glance story Wednesday, 22 Oct 2014 | 3:28 PM ET

    The National Highway Traffic Safety Administration has expanded the number of vehicles and manufacturers covered by a warning about air bags. But Wednesday it added multiple models and removed about 133,000 older General Motors cars that were put on the list by mistake. The agency is urging people in high-humidity areas such as Florida, Puerto Rico, Guam,...

  • *European Commission to provide 100 million euros. The move shows how momentum is building to get medical interventions-- and particularly vaccines-- to West Africa as soon as possible to control the world's worst Ebola outbreak, which, according to official figures, has killed nearly 5,000 people, most of them in Liberia, Sierra Leone and Guinea.

  • The top 20 US cities for tech startup funding Wednesday, 22 Oct 2014 | 1:44 PM ET

    About half of that funding went to San Francisco and Silicon Valley, according to the National Venture Capital Association. 1. San Francisco, $9.32 billion, 506 deals. 2. San Jose, California, $3.78 billion, 237 deals.

  • BancorpSouth third-quarter earnings rise to $28.8M Wednesday, 22 Oct 2014 | 10:59 AM ET

    TUPELO, Miss.— BancorpSouth Inc. saw its net income rise more than 15 percent to $28.8 million in the third quarter, as loans and insurance commission revenue increased. In the third quarter of 2013, BancorpSouth earned $24.9 million, or 26 cents a share. BancorpSouth also reported pretax costs of $3.1 million related to Bank Secrecy Act and anti-money...

  • Oct 22- With the closest known U.S. cases of Ebola diagnosed about 160 miles away in Dallas, Cary Griffin is taking no chances. For many, the three cases of Ebola diagnosed in the United States so far since late September represent a new potential disaster and a reason to run to the store. Chad Huddleston, an anthropologist at the University of Southern Illinois at...

  • New York congressman's trial put off until 2015 Wednesday, 22 Oct 2014 | 7:16 AM ET

    NEW YORK— A New York congressman's tax evasion trial has been put off until next year. District Judge Pamela Chen told lawyers at a hearing Tuesday jury selection for Michael Grimm's trial will begin Feb. 2, not Dec. 1. The Republican congressman from Staten Island has pleaded not guilty to charges he evaded taxes by hiding more than $1 million in sales and wages...

  • DETROIT, Oct 21- The problems for Japanese auto parts maker Takata Corp grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars. The news came a day after Toyota Motor Corp recalled 247,000 vehicles in the United States...

  • Oilman Nelson Bunker Hunt dies at 88 Tuesday, 21 Oct 2014 | 7:45 PM ET

    DALLAS— Nelson Bunker Hunt, a Texas oilman who once tried to corner the silver market with one of his brothers only to see the move end in financial disaster, has died. His father was legendary Texas oilman H.L. Hunt, who left behind a multibillion-dollar fortune and Placid Oil Co., once one of the biggest independent oil companies. Nelson Bunker Hunt built on his...