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Top News & Analysis Texas

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  • LAS VEGAS— Subway's "sandwich artists" cranked out a record number of their lunchmeat masterpieces in Las Vegas on Saturday. Franchisees and employees from around the world set a Guinness World Record for the "most people making sandwiches simultaneously" when 1,481 people built subs at the same time during the brand's annual convention in Las Vegas.

  • AUSTIN, Texas— A grand jury has indicted Texas Attorney General Ken Paxton on felony securities fraud charges that accuse the Republican of misleading investors before he took over as the state's top law enforcement officer, a special prosecutor said Saturday. Kent Schaffer, a Houston defense attorney appointed by a judge to the case, told The New York Times...

  • Mike Huckabee in 2014 earned nearly $1 million from giving speeches and nearly $3 million from a publishing company that he runs, according to financial records the Republican presidential filed Friday with federal regulators. The records show that Huckabee gave 44 paid speeches between January 2014 and last April, earning between $10,000 and $32,000 for...

  • QUITO, July 31- Ecuador's state oil company Petroecuador has signed a crude oil supply agreement with a division of Thailand's state-run PTT under which the Andean country will receive a $2.5 billion up-front payment, according to a statement from the company. Petroecuador International Trade Manager Nilsen Arias confirmed the deal to Ecuador's El...

  • July 31- The U.S. Food and Drug Administration said it is investigating the latest outbreak of cyclosporiasis in the United States. The Centers for Disease Control and Prevention has been notified of about 358 confirmed cases of the infection until Thursday, the FDA said in a statement on its website. Wal-Mart Stores Inc and Kroger Co are pulling some cilantro...

  • NEW YORK— Shares of Fluor Corp. skidded Friday after the engineering and construction company slashed its annual profit forecast, saying it isn't getting as many contracts because of the falling price of oil and metals. Fluor now expects a profit of $4.05 to $4.35 per share in 2015. It had forecast a profit of $4.40 to $5 per share. KeyBanc Capital Markets analyst...

  • US oil and natural gas rig count down 2 to 874 Friday, 31 Jul 2015 | 2:21 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 874.. Among major oil- and gas-producing states, New Mexico gained three rigs, Louisiana gained two and North Dakota, Ohio, Texas and Wyoming each gained one. Kansas lost four rigs, Utah declined by three, Alaska and...

  • July 31- Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. Evan Calio, an analyst with Morgan Stanley, said on Exxon's earnings conference call that the oil giant appeared to be less vocal than its peers...

  • July 31- Exxon Mobil Corp reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company. Profit at Exxon's exploration and production business fared even more poorly with a profit of $2 billion, down sharply from $7.9 billion a year earlier. Exxon, based in Irving,...

  • Phillips 66 beats 2Q profit forecasts Friday, 31 Jul 2015 | 8:15 AM ET

    HOUSTON— Phillips 66 on Friday reported second-quarter net income of $1.01 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.81 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • MoneyGram 2Q results top forecasts, new CEO named Friday, 31 Jul 2015 | 7:15 AM ET

    NEW YORK— MoneyGram International Inc. reported better-than-expected second-quarter financial results and named W. Alexander Holmes as its new CEO. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. MoneyGram shares have dropped 13 percent since the beginning of the year.

  • LOS ANGELES— Beaches along the Santa Barbara County coast remained open to swimmers, surfers and sunbathers Friday as the Coast Guard worked to determine whether an oil slick that materialized just offshore this week was simply the result of natural ocean-floor seepage. That's the conclusion Jordan Clark, professor of earth science and environmental...

  • Cheniere Energy Partners posts 2Q profit Thursday, 30 Jul 2015 | 7:57 PM ET

    HOUSTON _ Cheniere Energy Partners LP Holdings LLC on Thursday reported second-quarter net income of $4.5 million. Cheniere Energy Partners shares have declined 3.5 percent since the beginning of the year. Keywords: Cheniere Energy Partners, Earnings Report.

  • Newpark reports 2Q loss Thursday, 30 Jul 2015 | 7:43 PM ET

    THE WOODLANDS, Texas _ Newpark Resources Inc. on Thursday reported a second-quarter loss of $4.3 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share. Five analysts surveyed by Zacks expected $178.8 million.

  • Basic Energy reports 2Q loss Thursday, 30 Jul 2015 | 7:28 PM ET

    FORT WORTH, Texas _ Basic Energy Services Inc. on Thursday reported a second-quarter loss of $48.3 million, after reporting a profit in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of $1.15 per share. Nine analysts surveyed by Zacks expected $207.1 million.

  • SandRidge Mississippian Trust posts 2Q profit Thursday, 30 Jul 2015 | 7:16 PM ET

    AUSTIN, Texas _ SandRidge Mississippian Trust II on Thursday reported second-quarter profit of $9.4 million. On a per-share basis, the Austin, Texas- based company said it had profit of 25 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SandRidge Permian posts 2Q profit Thursday, 30 Jul 2015 | 7:13 PM ET

    AUSTIN, Texas _ SandRidge Permian Trust on Thursday reported second-quarter earnings of $16.7 million. SandRidge Permian shares have climbed 20 percent since the beginning of the year. Keywords: SandRidge Permian, Earnings Report.

  • Texas Pacific posts 2Q profit Thursday, 30 Jul 2015 | 7:13 PM ET

    DALLAS _ Texas Pacific Land Trust on Thursday reported second-quarter net income of $7.4 million. The Dallas- based company said it had profit of 90 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SandRidge Mississippian Trust I posts 2Q profit Thursday, 30 Jul 2015 | 7:13 PM ET

    AUSTIN, Texas _ SandRidge Mississippian Trust I on Thursday reported second-quarter profit of $8.4 million. The statuatory trust holding interests derived from SandRidge Energy posted revenue of $9.2 million in the period. Keywords: SandRidge Mississippian Trust I, Earnings Report.

  • Comfort Systems beats 2Q profit forecasts Thursday, 30 Jul 2015 | 6:51 PM ET

    HOUSTON _ Comfort Systems USA Inc. on Thursday reported second-quarter profit of $13.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.