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  • Regulators close small Illinois bank Friday, 24 Oct 2014 | 6:30 PM ET

    The Federal Deposit Insurance Corp. said Friday that it has taken over The National Republic Bank of Chicago, based in Chicago. State Bank of Texas, based in Dallas, has agreed to buy about $626.1 million of the failed bank's assets and assume all of National Republic Bank's deposits. National Republic Bank is the fifth FDIC- insured institution to fail in...

  • What you need to know about massive air bag recall Friday, 24 Oct 2014 | 4:51 PM ET

    So far, more than 12 million vehicles worldwide with air bags made by Japanese parts supplier Takata Corp. have been recalled for the problem. There have been recalls in Japan, Europe, China and other areas. A: Chemicals that quickly inflate air bags during a crash are exploding with too much force in Takata air bags made from 2001 to 2011. This blows apart metal...

  • Manufacturer halts sales of highway guardrails Friday, 24 Oct 2014 | 4:46 PM ET

    DALLAS— A Texas company is stopping shipments of a common highway-guardrail system and conducting more crash tests after it lost a $175 million jury verdict. Trinity Industries Inc. said Friday that it would stop selling the ET-Plus system until testing is complete. Earlier this week, a jury in federal district court in Marshall, Texas, decided that Trinity...

  • *U.S. new home sales rise to highest since July 2008. NEW YORK, Oct 24- U.S. Fears about Ebola intensified late Thursday on news that a doctor in New York City had tested positive for the virus after working with Ebola patients in West Africa.

  • US rig count up 9 to 1,927 Friday, 24 Oct 2014 | 3:18 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by nine this week to 1,927.. Of the major oil- and gas-producing states, Texas gained eight rigs, New Mexico increased five, West Virginia was up three, while Arkansas, California and Ohio gained two apiece. Kansas declined by four,...

  • Oct 15- Another proposed U.S. corporate tax "inversion" deal collapsed on Friday when Irish food group Fyffes Plc and larger U.S. rival Chiquita Brands International Inc called off an agreement to combine. It was the fourth such deal to unravel since the Treasury Department on Sept. 22 cracked down on inversions, deals in which a U.S. company acquires or sets up a...

  • AT&T closes $2 billion sale of Conn. operations Friday, 24 Oct 2014 | 11:53 AM ET

    NEW YORK— AT&T Inc. said Friday that it has completed its $2 billion sale of its Connecticut wireline business, fiber network, video and satellite business to Frontier Communications Corp.. AT&T customers in Connecticut will now become Frontier customers. And about 2,500 AT&T employees who work to support the Connecticut business will be Frontier employees.

  • Cabot misses Street 3Q forecasts Friday, 24 Oct 2014 | 7:39 AM ET

    HOUSTON _ Cabot Oil& Gas Corp. on Friday reported third-quarter earnings of $100.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share. Analysts expected $516.3 million, according to Zacks.

  • LyondellBasell beats Street 3Q forecasts Friday, 24 Oct 2014 | 6:15 AM ET

    HOUSTON _ LyondellBasell Industries on Friday reported third-quarter earnings of $1.26 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.28 per share. Analysts expected $11.71 billion, according to Zacks.

  • PUTIN, MERKEL, IN TELEPHONE CONVERSATION, STRESS IMPORTANCE OF REACHING UKRAINE GAS DEAL, HOPE FOR RESULTS AT NEXT ROUND OF TALKS.

  • Builders FirstSource posts 3Q profit Friday, 24 Oct 2014 | 5:03 AM ET

    DALLAS _ Builders FirstSource Inc. on Friday reported net income of $8.5 million in its third quarter. The Dallas- based company said it had profit of 7 cents per share. Builders FirstSource shares have dropped 21 percent since the beginning of the year.

  • Forum Energy tops Street 3Q forecasts Friday, 24 Oct 2014 | 5:03 AM ET

    HOUSTON _ Forum Energy Technologies Inc. on Friday reported earnings of $52.2 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Analysts expected $443.9 million, according to Zacks.

  • Basic Energy misses 3Q profit forecasts Thursday, 23 Oct 2014 | 7:31 PM ET

    FORT WORTH, Texas _ Basic Energy Services Inc. on Thursday reported earnings of $9.9 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Analysts expected $389.2 million, according to Zacks.

  • Encore Wire posts 3Q profit Thursday, 23 Oct 2014 | 7:01 PM ET

    MCKINNEY, Texas _ Encore Wire Corp. on Thursday reported net income of $11.1 million, or 53 cents per share, in its third quarter. The company, based in McKinney, Texas, posted revenue of $297.4 million in the period. Encore Wire shares have declined 31 percent since the beginning of the year.

  • Oct 23- American Airlines Group, United Airlines and other carriers reported strong third-quarter profits on Thursday, helped by falling fuel costs, and mostly shrugged off concerns that Ebola could affect their outlook. American Airlines, already the world's largest airline by passenger traffic, promised in an earnings call to outstrip its competitors by...

  • Weingarten Realty reports 3Q results Thursday, 23 Oct 2014 | 5:30 PM ET

    The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of 50 cents per share. Analysts expected $127.2 million, according to Zacks. Weingarten Realty expects full-year funds from operations in the range of $2.01 to $2.03 per share.

  • Southwestern Energy misses Street 3Q forecasts Thursday, 23 Oct 2014 | 5:15 PM ET

    HOUSTON _ Southwestern Energy Co. on Thursday reported net income of $211 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. Analysts expected $988.2 million, according to Zacks.

  • NEW YORK, Oct 23- Johnson& Johnson was found not liable by a Texas jury on Thursday in the first case to go to trial over whether Pinnacle hip implants made by the company's DePuy Orthopaedics unit were defective. The Dallas federal jury ruled unanimously against the plaintiff Kathleen Herlihy-Paoli, who said the two metal-on-metal Pinnacle hips she received...

  • Flowserve misses Street 3Q forecasts Thursday, 23 Oct 2014 | 4:30 PM ET

    IRVING, Texas _ Flowserve Corp. on Thursday reported net income of $128.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1 per share. Flowserve expects full-year earnings to be $3.65 to $3.85 per share.

  • Average retail gas prices drop to $2.89 in Texas Thursday, 23 Oct 2014 | 1:11 PM ET

    IRVING, Texas— Retail gasoline prices across Texas continue to fall below the mark of $3 per gallon. AAA Texas on Thursday reported the average unleaded price at the pump this week is $2.89, a drop of 10 cents from a week ago. AAA says of the metropolitan areas in Texas, drivers in Dallas-Fort Worth are paying the least at $2.80 while motorists in Corpus Christi pay the...