Dallas Editor

TXU Merger Approved by Shareholders

The merger between TXU Corporation and Texas Energy Future Holdings Limited Partnership (TEF) has been approved by the TXU shareholders. TEF was recently formed by a group of investors. TEF was lead by Kohlberg Kravis Roberts & Co. (KKR) and Texas Pacific Group (TPG) in order to facilitate the merger. Total, more than 340 million […]

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Mattress Firm to Acquire Mattress Pro

Mattress Firm, one of the United State’s leading mattress retailers, has recently announced plans to acquire the 35-store Mattress Pro chain. Terms of the acquisition were not disclosed. Upon completion of the acquisition, Mattress Firm will begin the process of transitioning Mattress Pro locations with new signage, its signature store format and expanded product selection.

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Six Flags Over Texas Debuts Cirque Dreams Coobrila

On Saturday, June 16, 2007, Six Flags Over Texas, the number one family entertainment venue in Texas, kicks off the entertainment event of the summer with the debut of its all-new stage extravaganza, Cirque Dreams Coobrila. With impressive feats of aerial acrobatic artistry and eye-catching bold costumes and staging, this exciting production promises to “WOW”

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DFW International Airport Announces New Global Marketing Initiative

The DFW International Airport Board of Directors has recently approved a major new marketing initiative–this new global marketing initiative is aimed at bringing increased air passenger traffic to and through DFW International Airport. The new DFW International Airport campaign is focused in several key strategic international cities and will be executed by an organization called

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Sudan Divestment Legislation Senate Bill 247 Passes Texas House

Senate Bill 247, the “Stop the Darfur Genocide Act”, passed the Texas House of Representatives unanimously today. The bill has already cleared the Texas Senate and is now on its way to the Governor’s desk, pending a procedural vote tomorrow. Governor Perry endorsed the targeted divestment legislation in his inaugural address and State of the

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Dallas Texas Jury Awards $20.8 Million in Fatal 18-Wheeler Crash

The Law Offices of Frank L. Branson has announced a $20.8 million jury verdict handed down today on behalf of the wife and estate of a man who died from injuries he suffered when his vehicle was struck by an 18-wheeler. Firm founder Frank L. Branson represented Kathleen Bohne in the wrongful death lawsuit over

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HotdocsTV Launches in Dallas

Dallas is hot … and not just in August. Joining New York, LA, Houston and Miami, the Dallas area leads the nation in elective cosmetic procedures. The producers of HotdocsTV have chosen the Metroplex to anchor its new 13- week series on elective procedures, plastic surgery and beauty information. The show features many leading area

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DFW Featured in Newly Published Book

DFW International Airport and its massive effort to build the new International Terminal D and Skylink train under challenging economic and security conditions is highlighted in a new book entitled “The World Connected: DFW International Airport, Taking Flight Into the 21st Century.” Written by local author Ginger Ebinger, the 272-page volume chronicles the planning, design

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American Airlines Federal Credit Union Unveils cent$ Magazine

American Airlines Federal Credit Union (AA Credit Union) has just unveiled cent$ — a new, quarterly, custom financial education and lifestyle magazine — at an invitation-only launch event attended by several AA Credit Union Board and Supervisory Committee members and management staff from AA Credit Union, American Airlines and AAP Custom, a division of American

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Business Control Systems Garners International Award from Texas Instruments

Texas Instruments is recognizing Business Control Systems of Addison, Texas by giving them the 2006 Supplier Excellence Award. TI is recognizing Business Control Systems because of its top-notch staffing capabilities. Business Control Systems competed with TI’s worldwide base of suppliers who provide supplemental labor & consulting services, and was chosen as a result of their

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Texas to Host National High School Mock Trial Competition

The 24th Annual National High School Mock Trial Competition will bring 40 high school teams to Dallas from across the U.S. (plus South Korea and the Northern Mariana Islands) on May 10- 12, as they argue a hypothetical court case. These teams, which have emerged as the best within their states, will be matched against

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Spherion Acquires Dallas-Based Resulte Universal Accounting and Finance Staffing Firm

Spherion Corporation, a recruiting, staffing and workforce solutions provider, has acquired Resulte Universal, a specialty technology and accounting and finance staffing services firm based in Dallas, Texas. Resulte generated revenue of approximately $23 million for the twelve months ended March 31, 2007. Spherion will use cash on hand to fund the total investment of approximately

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Texas Fishing Tournament on Lake Fork Was a Success

The first annual Toyota Texas Bass Classic presented by Enterprise Rent-A-Car, held April 13 – 15 at Lake Fork in East Texas, successfully wrapped up on Sunday evening, awarding a combined total of $1 million in prize money and contributing to the community as well as the Texas Parks and Wildlife Department (TPWD). The first-of-its-kind

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Frito-Lay and The National Arbor Day Foundation to Help Plant Trees Nationwide

Frito-Lay North America and The National Arbor Day Foundation have announced a national partnership, “Make America a Little Greener,” which will provide 300,000 tree seedlings for reforestation efforts in areas blighted by natural disasters and to beautify communities. The program kicks off Thursday, April 19, 2007 with Frito-Lay employees planting trees along the Katy Trail

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Brinker International to Sponsor 2007 EDS Byron Nelson Championship

Brinker International, Inc. (NYSE:EAT) will serve as sponsor of the 2007 EDS Byron Nelson Championship. This year’s tournament will be played April 25-29 at the Four Seasons Resort and Club Las Colinas in Irving, Texas. Brinker will be providing food and drinks at the tournament Pavilion, where more than 1,000 of its employees will volunteer

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TXU Energy Cuts Electric Prices

TXU Energy, the competitive retail electric subsidiary of TXU Corp. (NYSE:TXU) , has recently announced a significant price cut for its TXU Energy Market Tracker+(SM) pricing plan. TXU Energy Market Tracker+ is an innovative pricing plan that automatically lowers electricity prices if natural gas costs trend lower. Prices are being cut to respond to competitive

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Toyota Texas Bass Classic Tournament Daily Standings

The Toyota Texas Bass Classic Tournament started on April 13th, 2007, and here are teh current standings after day 1: Reservoir: Lake Fork City/State: Lake Fork, Texas Tournament Start date: 04/13/07 Tournament End date: 04/15/07 Day 1 Standings: Place Team # City/St Day One Team Capt. (Fish/Weight) 1 20 David Walker Sam Rayburn, 18 81-8

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Maquiladoras, Branch Banking, Biotechnology, Texas Exports Examined In Dallas Fed Report

Maquiladoras, branch banking, biotechnology and Texas export markets are the focus of the latest issue of the Federal Reserve Bank of Dallas’ Southwest Economy. The March/April issue can be found at http://www.dallasfed.org/ . In “Maquiladora Recovery: Lessons for the Future,” assistant economists Jesus Canas and Roberto Coronado and vice president Robert W. Gilmer suggest the

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Bishop T.D. Jakes Issues Statement Concerning Racist Comments by Radio Talk Show Host Don Imus

The following was released today by Bishop T.D. Jakes, Senior Pastor/Founder, The Potter’s House of Dallas, Inc.: “Trying to be funny” is a justifiable excuse for calling a group of distinguished young African-American women “nappy-headed [whores],” or so says radio talk show host Don Imus about his racial slurs April 4 toward the young ladies

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Fredericksburg Texas Man Pleads Guilty to Attempting to Smuggle Rifles Into Mexico

United States Attorney Johnny Sutton has announced that 22-year-old Greg Anthony Belcik of Fredericksburg, Texas, faces up to ten years in federal prison after pleading guilty late yesterday afternoon to attempting to export five AR-15 rifles to Mexico without U.S. State Department authorization. On the morning of December 10, 2006, Belcik arrived at the Eagle

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Radio Shack ID Theft Issues Not a Surprise to ID Theft Experts

According to documents filed Monday, April 2, 2007 by the Attorney General, RadioShack violated a 2005 law requiring businesses to protect any consumer records that contain sensitive information, including Social Security and bank account numbers. The investigation was launched after reports indicated company employees dumped bulk customer records in garbage containers behind the store. According

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KKR and TPG Voluntarily File Commitments for TXU Electric Delivery With Public Utility Commission of Texas

Texas Energy Future Holdings, Limited Partnership (TEF) today made an initial filing with the Public Utility Commission of Texas (PUC) setting forth its commitments regarding TXU Electric Delivery (to be renamed Oncor). These commitments will be binding upon successful completion of the acquisition of TXU Corp. TEF is the holding company formed by Kohlberg Kravis

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TXU Provides Update Regarding Status of ‘Go-Shop’ Process

TXU Corp. (NYSE:TXU) , a Dallas-based energy company, has announced an update regarding the “go-shop” process being conducted by Lazard Freres & Co LLC (Lazard), the independent financial advisor to the TXU Corp. Board of Directors and its Strategic Transactions Committee. Under the terms of the definitive merger agreement announced February 26, 2007, an investor

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New 125-Megawatt Texas Wind Farm Providing Energy to TXU

TXU Wholesale, a subsidiary of TXU Corp. (NYSE:TXU) , and Airtricity, a world-leading renewable energy company based in Dublin, Ireland, today announced that Airtricity has completed construction of the Forest Creek Wind Farm, increasing TXU Wholesale’s renewable energy capacity by 125 MW. The wind farm is expected to provide power for more than 24,000 homes

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NBC 5 Honored With Edward R. Murrow Award for Overall Excellence

NBC 5/KXAS, the local NBC affiliate in Dallas, has been honored with the prestigious Edward R. Murrow Award for Overall Excellence presented by the national Radio-Television News Directors Association. The recognition reflects NBC’s success in bringing North Texas viewers the news and information they find useful. The award is in the large-market television category for

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U.S. Steel to Acquire Lone Star Technologies

United States Steel Corporation (NYSE:X) and Lone Star Technologies, Inc. (NYSE:LSS) have entered into a definitive agreement under which U. S. Steel will acquire Lone Star, a leading manufacturer of welded oilfield tubular goods, for $67.50 per share in cash. The agreement was unanimously approved by the boards of directors of both U. S. Steel

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Spa Week is Dallas’ Answer to the National Health Crisis

Health care in the greatest country in the world is a disaster, and it’s only getting worse. Adult obesity has hit epidemic proportions in America, while childhood obesity threatens current and future generations. 46 million of our citizens are without health care, and fewer and fewer physicians are accepting the health insurance we do have,

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2007 Tire Rack Street Survival Program Kicks Off This Weekend in Dallas

According to the National Highway Traffic Administration, nearly 5,300 teens died in car crashes in 2005. The NHTSA also says drivers 16 to 19 years old are four times as likely as older drivers to get into crashes. But a nationwide effort to save young lives kicks off this Saturday at the Texas Motor Speedway

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7-Eleven Signs Contract Extension with EDS

EDS (NYSE:EDS) said today that 7-Eleven, Inc. has extended its contract with EDS through February 2012. EDS will continue to develop, host and manage 7-Eleven’s enterprise applications and the infrastructure that supports inventory and logistics processes, provides business intelligence insight and performs back-office functions, such as enterprise resource planning, payroll and accounting. The agreement allows

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America’s Blood Centers Presents Awards of Excellence

America’s Blood Centers (ABC), North America’s largest network of nonprofit, community blood centers, has announced the winners of its 10th annual Awards of Excellence. Individuals and organizations are honored for exceptional support of community blood drive programs and for raising awareness of the need for regular blood donations. This year ABC presented 20 awards honoring

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Epstein Becker & Green Expands National Real Estate Practice

Epstein Becker & Green, a law firm with offices here in Dallas, Texas, has announced the addition of seven lawyers to its nationally recognized real estate practice, further expanding one of the Firm’s core practice areas. Adrian Zuckerman, formerly head of the New York real estate practice at Lowenstein Sandler PC, and former deputy general

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TXU Energy Cuts Residential Retail Electricity Prices

Beginning today, about 1.3 million TXU Energy customers in the TXU’s traditional service territory will receive a six percent price reduction. The price reduction will be reflected on your next monthly bill. According to a press release today by TXU, “Residential customers using an average of 1,500 kilowatt-hours of electricity a month will save an

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American Airlines Names Kevin Cox Vice President for State & Community Affairs

Kevin E. Cox, senior executive vice president and chief operating officer for Dallas/Fort Worth International Airport, has accepted the position of Vice President for State & Community Affairs at American Airlines. Kevin E. Cox replaces John Carpenter, who recently retired from American Airlines. Kevin Cox will be located at the company’s headquarters in Fort Worth,

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Verizon Grant Supports Dallas Women’s Foundation

Verizon has awarded a $40,000 grant to the Dallas Women’s Foundation (DWF) in a partnership to address domestic violence by funding agencies that assist in domestic violence recovery and prevention. The grant from Verizon Foundation, the philanthropic arm of Verizon, will enable DWF to provide qualified agencies with funding to increase the prevention of family

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Video Surveillance Solutions Based on TI’s DaVinci Technology Seeing Broad Industry Proliferation

As video security original equipment manufacturers (OEMs) migrate legacy analog cameras to digital “intelligent” cameras, Texas Instruments Incorporated (NYSE:TXN) (TI), headquartered here in Dallas, Texas, is gaining broad support in the market for its video surveillance solutions based on DaVinci(TM) technology. The combination of power and performance of DaVinci technology, with easy-to-use third-party reference designs,

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Claimsnet Retains Resource Knowledge Management

Claimsnet.com (BULLETIN BOARD: CLAI), a leading provider of electronic transaction services to the Healthcare industry, has recently announced that Resource Knowledge Management, LLC (RKM) has been retained to provide business development services. RKM will assist Claimsnet by exploring new market opportunities, developing sales and marketing plans and providing strategic sales initiatives in support of Claimsnet’s

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