×

Top News & Analysis Texas

  • The number of demonstrators had dwindled from the thousands who poured into the camp starting in August to oppose the pipeline that critics say threatens the water resources and sacred land of the Standing Rock Sioux Tribe. The 1,170- mile line, built by Energy Transfer Partners LP, will move crude from the shale oilfields of North Dakota to Illinois en route to...

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • NEW YORK, Feb 24- The U.S. Chamber of Commerce appealed a Texas federal judge's ruling upholding a Labor Department's regulation aimed at putting retirement savers' interest first on Friday, the latest salvo in the securities industry's fight against the regulation. Earlier this month, Chief Judge Barbara Lynn of the Northern District of Texas ruled against...

  • CALGARY, Alberta, Feb 24- Canada's energy sector has fallen out of favor with international oil majors, who are scaling back ambitions and walking away from reserves in the ground there to focus on lower-cost and higher-margin opportunities elsewhere. Billion-dollar bets on Canada's oil sands went sour this week for Exxon Mobil Corp and Conoco Phillips.

  • Houston oilfield services company Baker Hughes Inc. said Friday that 602 rigs sought oil and 151 explored for natural gas this week. Alaska and Louisiana each lost two rigs and North Dakota declined by one. Arkansas, California, Colorado, Kansas, New Mexico, Ohio, Oklahoma, Pennsylvania, Utah and West Virginia were all unchanged.

  • SAN DIEGO— U.S. Customs and Border Protection said Friday that it plans to start awarding contracts by mid-April for President Donald Trump's proposed border wall with Mexico, signaling that he is aggressively pursuing plans to erect "a great wall" along the 2,000- mile border. Homeland Security Secretary John Kelly has sought employees' opinions during...

  • HOUSTON, Feb 24- Refiners and pipeline shippers in the Salt Lake City area are facing new delays obtaining crude oil after a pipeline outage last week was followed by snow on Friday that made it difficult to deliver much-needed oil by truck. The 16- inch Wahsatch pipeline can carry roughly 100,000 barrels per day of crude from locations near Evanston, Wyoming, to...

  • CANNON BALL, N.D.— The Latest on the Dakota Access oil pipeline.:. Authorities this week cleared the last holdouts from a Dakota Access pipeline protest camp on federal land in North Dakota, but it will be a while before the region returns to normal. And people haven't been able to get into another camp established on private land by the Cheyenne River Sioux because of...

  • NEW YORK— J.C. Penney said Friday that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping. The news came as the Plano, Texas- based chain posted a profit in the fourth-quarter compared to a loss a year ago. Penney has been recovering from a...

  • HOUSTON _ Rowan Cos. on Friday reported a fourth-quarter loss of $24.4 million, after reporting a profit in the same period a year earlier. The average estimate of 14 analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. Eight analysts surveyed by Zacks expected $343.9 million.

  • PLANO, Texas _ J.C. Penney Co. on Friday reported fiscal fourth-quarter net income of $192 million, after reporting a loss in the same period a year earlier. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share. Eight analysts surveyed by Zacks expected $3.97 billion.

  • FRISCO, Texas _ Comstock Resources Inc. on Friday reported a loss of $54.9 million in its fourth quarter. On a per-share basis, the Frisco, Texas- based company said it had a loss of $4.48. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.37 per share.

  • HOUSTON _ Cabot Oil& Gas Corp. on Friday reported a loss of $292.8 million in its fourth quarter. The average estimate of 14 analysts surveyed by Zacks Investment Research was also for earnings of 1 cent per share. Eight analysts surveyed by Zacks expected $355.6 million.

  • SOUTHLAKE, Texas _ Del Frisco's Restaurant Group Inc. on Friday reported fourth-quarter net income of $7.1 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Three analysts surveyed by Zacks expected $119 million.

  • HOUSTON _ KBR Inc. on Friday reported a fourth-quarter loss of $87 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. Four analysts surveyed by Zacks expected $1.22 billion.

  • IRVING, Texas _ HMS Holdings Corp. on Friday reported fourth-quarter net income of $11 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. HMS Holdings shares have risen 3 percent since the beginning of the year.

  • *Many Saudis support oil firm Aramco's share offer. KHOBAR, Saudi Arabia/ DUBAI, Feb 24- Jamil Farsi, a prominent Saudi Arabian jewelry tycoon, made an impassioned plea to the investment minister at a meeting of the Jeddah Chamber of Commerce this month. Investment minister Majed al-Qasabi replied the economy would benefit from the sale of shares in national oil...

  • ALLEN, Texas _ Atrion Corp. on Thursday reported fourth-quarter earnings of $5.6 million. The Allen, Texas- based company said it had profit of $3 per share. Atrion shares have decreased nearly 4 percent since the beginning of the year.

  • The penalties against Houston- based Wood Group PSN were announced Thursday by the U.S. Justice Department in Washington and U.S. attorneys in New Orleans and Lafayette, Louisiana, where civil and criminal cases have been playing out. Wood Group will pay $7 million for falsely reporting that safety inspections were performed on Gulf of Mexico facilities over...