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Top News & Analysis Texas

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  • Key revenue measure stops climbing at Southwest Friday, 5 Oct 2012 | 11:47 AM ET

    DALLAS-- Southwest Airlines Co. was left at the gate when other airline stocks rose strongly on Friday morning after the company gave a weak report on September traffic and revenue trends. THE SPARK: Southwest, which also operates AirTran Airways, said September traffic dropped by 2.1 percent and a key revenue measure fell by 2 to 3 percent.

  • Salmonella confirmed in peanut butter plant Friday, 5 Oct 2012 | 11:44 AM ET

    WASHINGTON-- Salmonella has been found in a New Mexico plant that produces nut butters for retailer Trader Joe's and several other large national grocery chains, the Food and Drug Administration said Friday.

  • Atlanta transit system selects new leader Friday, 5 Oct 2012 | 11:12 AM ET

    ATLANTA-- Atlanta's public transit system has named a Texas transportation official as its new chief executive officer and general manager. Before that, he was the CEO of the Charlotte Area Transit System in North Carolina. Parker was selected after a nationwide search for a new CEO and general manager of the Metropolitan Atlanta Rapid Transit Authority.

  • Energy Transfer Partners closes deal for Sunoco Friday, 5 Oct 2012 | 10:43 AM ET

    DALLAS-- Energy Transfer Partners LP said Friday that it completed its acquisition of Sunoco Inc. for about $5.5 billion, creating one of the more diverse pipeline companies in the country.

  • Travel Picks: Top 10 U.S. destinations in October Friday, 5 Oct 2012 | 10:41 AM ET

    NEW YORK, Oct 5- As the calendar page flips to October, we are fully and unquestionably into autumn.

  • NEW YORK, Oct 5- U.S. natural gas futures mostly edged up slightly on Friday, backed by cold U.S. weather forecasts for the next week that should stir more demand despite early pressure from Thursday's bearish weekly inventory report and a mild mid-month outlook. I don't see how you get bullish here, "a Texas- based cash trader said.

  • Romney shifts to center as his confidence grows Friday, 5 Oct 2012 | 10:23 AM ET

    WASHINGTON-- Republican presidential nominee Mitt Romney is shifting sharply to the political center as he begins to deliver a closing argument aimed at a slice of moderate, undecided voters a month before Election Day.

  • Retail gasoline price falls 4 cents at Texas pumps Friday, 5 Oct 2012 | 10:17 AM ET

    IRVING, Texas-- Regular unleaded gasoline prices in Texas have fallen by an average of 4 cents to $3.54 per gallon in the weekly AAA Texas Weekend Gas Watch survey. The state's cheapest gasoline is found in Fort Worth, where the average price fell a nickel to $3.47 per gallon.

  • --Houston- based McJunkin Red Man Corp. is seeking to issue a $750 million term loan due 2019 and plans to use proceeds to refinance existing debt. Rating Action On Oct. 5, 2012, Standard& Poor's Rating Services revised its rating outlook on McJunkin Red Man Corp. to positive from stable and affirmed the' B+' corporate credit rating on the company.

  • Oct 5- Southwest Airlines Co said on Friday traffic fell 2.1 percent in September, as fewer passengers boarded its planes. The Dallas- based discount carrier said traffic, measured by revenue passenger miles, fell to 7.76 billion in the month from 7.93 billion a year earlier. In the third quarter, unit revenue likely increased about 1 percent, Southwest added.

  • Daryl Hannah arrested in Texas protesting pipeline Friday, 5 Oct 2012 | 9:22 AM ET

    HOUSTON-- Actress Daryl Hannah of "Splash" fame was arrested in northeast Texas on Thursday, along with a 78- year-old landowner as the pair protested an oil pipeline designed to bring crude from Canada to the Gulf Coast.

  • Recalled steroid in outbreak went to 23 states Friday, 5 Oct 2012 | 9:18 AM ET

    The steroid medication suspected in an outbreak of a rare kind of meningitis was shipped to 23 states, according to the Centers for Disease Control and Prevention. The specialty pharmacy that made the steroid, New England Compounding Center of Framingham, Mass., recalled three lots of the drug last week and has shut down operations.

  • AP Exclusive: Wyo. Range gas lease buyout planned Friday, 5 Oct 2012 | 9:08 AM ET

    CHEYENNE, Wyo.-- A land conservation group has reached a long-sought agreement with a petroleum company to prevent a controversial gas drilling project inside a national forest by buying out a vast area of federal oil and gas leases in northwest Wyoming.

  • LONDON, Oct 5- The booming business of transporting Bakken crude has thrown a lifeline to U.S. railroads, at a time when shipments of coal, their main commodity by volume, have fallen sharply. Coal accounted for just over 43 percent of rail car loadings by weight, and 25 percent of gross revenues, last year according to the Association of American Railroads.

  • Oct 5- Standard& Poor's Ratings Services said today that its' B' issue-level and' 5' recovery rating on The Woodlands, Texas- based chemicals and plastics distributor Nexeo Solutions LLC's term loan remains unchanged following the company's proposal to increase the term loan to $525 million from $325 million.

  • Bass Pro Shops signs with Tony Stewart Friday, 5 Oct 2012 | 12:51 AM ET

    TALLADEGA, Ala.-- Tony Stewart insisted he wasn't trying to poach a sponsor when he approached Bass Pro Shops about an opportunity to join his race team. The three-time NASCAR champion has a long relationship with Bass Pro founder Johnny Morris, and knew the contract with Earnhardt Ganassi Racing expired at the end of this season.

  • NEW YORK, Oct 5- As the calendar page flips to October, we are fully and unquestionably into autumn.

  • Oct 5- American Airlines on Friday said it has repaired seat locks on 40 Boeing 757 jets after some seats came loose during flights earlier this week. In recent days, there were three separate incidents in which seats on American Airlines flights came unbolted from the floor, prompting an investigation by the FAA and jet inspections.

  • Astros let radio broadcast team go Friday, 5 Oct 2012 | 12:18 AM ET

    HOUSTON-- The Houston Astros say they'll have a new radio broadcast team next season. In a statement issued Thursday, the Astros say they've begun a search for a successor to veteran broadcaster Milo Hamilton, who announced that 2012 would be his last season as lead play-by-play announcer.

  • SAN ANTONIO, Oct 4- Actress Daryl Hannah was arrested in Texas on Thursday after she stood in front of an earth-moving machine clearing ground for the construction of the controversial Keystone XL pipeline, her representative said.