72.9 F
Fort Worth
Thursday, October 22, 2020
Government Building strong profits

Building strong profits

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

D.R. Horton rose 2% after it handily beat Wall Street’s fiscal first-quarter earnings forecasts due to strong demand for homes. The company, which is one of the nation’s largest homebuilders, reported a 14% jump in revenue during the period on an increase in the number and value of home closings. “We continue to see good demand and a limited supply of homes at affordable prices across our markets, and economic fundamentals and financing availability remain solid,” said Chairman Donald R. Horton, in a statement.

D.R. Horton also raised its revenue forecast for the fiscal year. The Arlington-based company and its peers have been benefiting from historically low mortgage rates while high demand boosts real estate prices. Its stock rose 25% in 2019 and is already up 14.7% so far in 2020

Latest News

US officials link Iran to emails meant to intimidate voters

By ERIC TUCKER and FRANK BAJAK Associated PressWASHINGTON (AP) — U.S. officials accused Iran on Wednesday of being behind a flurry of...

Nonprofits invited to apply for $1.3 million in funding

From the City of Fort Worth: Social service agencies are invited to submit program...

Phase II of Arlington Commons tops out

KWA Construction has topped out on Phase II of Arlington Commons, one of the largest redevelopment projects in North Texas. Developed by...

Home furnishings retailer Living Spaces opens Fort Worth location

Leading home furnishings retailer, Living Spaces, has opened a brand new showroom in Fort Worth. Located in the AllianceTexas area at 8640 Tehama Ridge...

Renderings released for Stop Six’s Cowan Place

Fort Worth Housing Solutions and development partner McCormack Baron Salazar have finalized architectural renderings for Cowan Place, the mixed-income, senior living community...