×

Top News & Analysis Texas

  • 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...

  • CANNON BALL, N.D.— Authorities cleared a protest camp where opponents of the Dakota Access oil pipeline had gathered for the better part of a year, searching tents and huts and arresting dozens of holdouts who had defied a government order to leave. Native Americans who oppose the $3.8 billion pipeline established the Oceti Sakowin camp last April on federal...

  • NEW YORK/ HOUSTON, Feb 24- Traders are turning the spigots to drain the priciest storage tanks holding U.S. crude stockpiles as strengthening markets make it unprofitable to store for future sale and cuts in global production open export opportunities. From Houston through Louisiana to floating storage in the Gulf of Mexico, traders are starting to ship crude...

  • *Plans to hire 10 staff in Singapore, Europe, Houston. The utility company's trading arm plans to hire 10 people in Singapore, Europe and Houston to move growing LPG supplies from the United States to other parts of the world, Engie Energy Management's CEO Eric Simon told Reuters. The United States has become the top exporter of LPG, already sending record volumes to...

  • DALLAS _ Ashford Inc. on Thursday reported fourth-quarter net income of $727,000. On a per-share basis, the Dallas- based company said it had profit of 25 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Offshore production from the Gulf of Mexico accounted for more than half the total gain, adding an extra 175,000 bpd, with output from Alaskas North Slope also up 61,000 bpd. However, production increases were also reported from onshore predominantly shale plays in North Dakota, Oklahoma, New Mexico and Texas. Production from the contiguous United States...

  • MEXICO CITY, Feb 23- Mexico is increasingly confident that U.S. Trump wants to renegotiate the North American Free Trade Agreement with Mexico and Canada, but talks cannot begin until he triggers a 90- day notice period by informing Congress. The view of some Mexican officials and business leaders that the U.S. Congress, Supreme Court and some state governors are...

  • DALLAS _ The Howard Hughes Corp. on Thursday reported fourth-quarter earnings of $43.6 million. The Dallas- based company said it had profit of $1.02 per share. For the year, the company reported profit of $202.3 million, or $4.73 per share.

  • HOUSTON _ Gulf Island Fabrication Inc. on Thursday reported a loss of $3.6 million in its fourth quarter. Gulf Island Fabrication shares have increased nearly 10 percent since the beginning of the year. Keywords: Gulf Island Fabrication, Earnings Report.