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  • Trendon Shavers, who operated Bitcoin Savings and Trust, was also ordered by U.S. Shavers, a Prosper, Texas, resident who went by "pirateat40" online, was arrested in November 2014, two months after a federal judge in Texas ordered him to pay $40.7 million in a related U.S. Securities and Exchange Commission civil lawsuit. Prosecutors said from 2011 to 2012, Shavers,...

  • DALLAS _ Trinity Industries Inc. on Thursday reported second-quarter profit of $94.6 million. Trinity Industries expects full-year earnings in the range of $2 to $2.30 per share. Trinity Industries shares have dropped 13 percent since the beginning of the year.

  • NEW YORK— A Texas man who carried out what authorities said was the first federal bitcoin securities fraud to be prosecuted was sentenced on Thursday to 18 months in prison. Trendon Shavers, 33, was sentenced in Manhattan federal court by Judge Lewis A. Kaplan, who said Shavers committed a serious crime but had earned leniency through the honest work he's done...

  • HOUSTON _ Crown Castle International Corp. on Thursday reported a key measure of profitability in its second quarter. The real estate investment trust, based in Houston, said it had funds from operations of $392.5 million, or $1.16 per share, in the period. The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from...

  • DALLAS _ AT&T Inc. on Thursday reported second-quarter net income of $3.41 billion. The average estimate of 15 analysts surveyed by Zacks Investment Research was also for earnings of 72 cents per share. AT&T shares have climbed 23 percent since the beginning of the year, while the Standard& Poor's 500 index has risen nearly 6 percent.

  • NEW YORK— A Texas man who acted as a secret agent for the Russian government and illegally exported cutting-edge military technology to Russia has been sentenced to 10 years in prison. He owned Houston- based Arc Electronics Inc.. Prosecutors say his company shipped about $50 million worth of technologies to Russia between 2002 and 2012..

  • DALLAS— Exxon Mobil Corp. emerged Thursday as the winning bidder for InterOil Corp., which has natural gas holdings in Papua New Guinea. That sale was valued at $2.2 billion at the time, and Oil Search planned to sell much of InterOil's assets in turn to France's Total. Exxon Mobil will pay InterOil's fee for breaking up the sale to Oil Search.

  • "Investors and certified analysts are trying to figure out how much underlying margins will shrink, going forward," Amit Kumar, an analyst at Macquarie Research, told Reuters. Insurers have also been hit by claims stemming from hail storms in Texas, earthquakes in Japan and Ecuador and floods in Europe during the quarter. Pre-tax catastrophe losses, net of...

  • PITTSBURGH— PPG Industries Inc. has agreed to sell its flat glass manufacturing and glass coatings operations to Vitro SAB for $750 million in cash. Vitro SAB, Mexico's largest glass producer, will take over four glass production sites in Fresno, Calif., Salem, Ore., Carlisle, Pa. and Wichita Falls, Texas, as well as four distribution sites in Canada.

  • DALLAS— Hundreds of Southwest Airlines flights across the country were delayed or canceled Wednesday after technology problems prevented many travelers from checking in or boarding flights. Southwest began having intermittent problems with several computer systems after an outage around 2 p.m. Central time. Southwest briefly held planes at their gates,...

  • SAN FRANCISCO, July 21- Agriculture technology startup Indigo has raised $100 million in a new round of funding, bringing its total financing to more than $150 million, a sign of growing investor interest in new ways to ease food scarcity. The $100 million investment led by the Alaska Permanent Fund, a $54.3 billion fund owned and managed by the state of Alaska, is...

  • Travelers said its second-quarter earnings were hit by a series of weather-related and other natural disasters, including the Fort McMurray wildfires in Canada's Alberta oil sands region. Insurers have also been flooded with claims stemming from hail storms in Texas, earthquakes in Japan and Ecuador as well as floods in Europe. Travelers' net income fell 18...

  • LEWISVILLE, Texas _ Adeptus Health Inc. on Thursday reported second-quarter earnings of $86.9 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. Adeptus expects full-year earnings in the range of $2.55 to $2.65 per share, with revenue in the range of $640 million to $670 million.

  • PLANO, Texas _ Alliance Data Systems Corp. on Thursday reported second-quarter earnings of $140.7 million. For the current quarter ending in October, Alliance Data expects its per-share earnings to be $4.42. Alliance Data expects full-year earnings to be $16.85 per share, with revenue expected to be $7.15 billion.

  • ANGLETON, Texas _ Benchmark Electronics Inc. on Thursday reported second-quarter net income of $12.7 million. On a per-share basis, the Angleton, Texas- based company said it had profit of 26 cents. For the current quarter ending in October, Benchmark expects its per-share earnings to range from 33 cents to 38 cents.

  • MELBOURNE/ MILAN/ LONDON- July 21- Forced to shut its $54 billion Gorgon liquefied natural gas export plant twice in its first five months, Chevron Corp now faces calls from union officials for a probe into the site's safety. The Australian Manufacturing Workers' Union has told Reuters it has formally requested access to the site. "Chevron Australia is in...

  • Travelers said its earnings were hit by a series of weather-related and other natural disasters, including the Fort McMurray wildfires in Canada's Alberta oil sands region. Hail storms in Texas, earthquakes in Japan and Ecuador and floods in Europe also hit insurers during the quarter. Travelers' net income fell to $664 million, or $2.24 per share, in the second...

  • DALLAS— Record revenue and cheaper fuel pushed Southwest Airlines' second-quarter profit up by 35 percent, to $820 million. That was short of Wall Street expectations, however, and Southwest predicted Thursday that a key revenue figure will turn down in the July-through-September quarter. Southwest shares plunged 11 percent in afternoon trading, wiping out...

  • HOUSTON _ Stewart Information Services Corp. on Thursday reported second-quarter profit of $23.6 million. Stewart Information Services shares have increased 14 percent since the beginning of the year. Keywords: Stewart Information Services, Earnings Report.

  • SOUTHLAKE, Texas _ Del Frisco's Restaurant Group Inc. on Thursday reported second-quarter profit of $4.4 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 19 cents per share. Three analysts surveyed by Zacks expected $81.1 million.