Author: harrisondfw
[Image: istock, shutterstock, DI] James LeeFounder and CEOTXSE Groupabout the company’s plans to open a Texas stock exchange, according to the Dallas Morning News. As mentioned in today’s headline, Lee’s TXSE Group Release Schedule Texas Stock Exchange (TXSE)The group, which is focused on Texas and the southeastern U.S., says it will be a “fully electronic, national securities exchange” that will provide a “venue for the trading and listing of public companies and a growing number of exchange-traded funds.” This has created buzz throughout Texas, and especially on Wall Street. Lee told the Dallas Morning News that he credits the Texas…
Texas Stock Exchange Chairman and CEO James Lee [Image: James Lee; domi8nic, flags istock; DI Studio] Take note, Wall Street: A Dallas-based stock exchange is entering the U.S. equity capital markets, having already raised about $120 million from BlackRock, Citadel Securities and other investors including “prominent business leaders from across the nation.” TXSE Group today announced plans to launch the Texas Stock Exchange (TXSE), a platform designed to provide U.S. and global companies access to the U.S. equity capital markets. The group describes itself as a “fully electronic, national securities exchange” seeking registration with the U.S. Securities and Exchange Commission…
Dallas — Read this article and more North Texas business news from our partners at Dallas Business Journal. Dallas-Fort Worth has 21 companies on the latest Fortune 500 list, released June 4. Last year’s list had 24 companies from the region, but that’s down slightly this year, and there were some notable changes in the rankings. The highest-ranked DFW-area company on the list is No. 9 McKesson Corp. (NYSE: MCK) with 2023 revenue of $276.7 billion, which comes as No. 7 Exxon Mobil Corp. (NYSE: XOM) completed its relocation from North Texas to the Houston area last summer. McKesson, a…
James Lee is preparing to launch a Texas stock exchange after raising about $120 million from investors and big firms including BlackRock and Citadel Securities. DALLAS — The dream of a national stock exchange headquartered in Dallas is gaining momentum. Texas entrepreneur James Lee is preparing to launch a Texas stock exchange as CEO after raising about $120 million from private investors and big names like BlackRock Inc. and Citadel Securities Inc. “We are excited to realize our long-held vision of establishing a national stock exchange in Texas,” Lee said. “Texas and other southeastern states have become economic powerhouses, and…
The 12-story, 181-room hotel will also feature 21 condominiums on the top three floors. GRAPEVINE, Texas — Read this article and more North Texas business news from our partners at Dallas Business Journal. Developers of the 160-acre Lakeside Village in Flower Mound have reached an agreement with Marriott International Inc. to build a luxury hotel connected to offices along Lake Grapevine. Realty Capital Management LLC, the developer behind the $2 billion Lakeside Village development, will build the Autograph Collection Hotel & Residences. The 12-story, 181-room hotel will also feature 21 condominiums on the top three floors. Hotel amenities will include…
After Foxtrot dramatically closed its coffee shops across Dallas in April 2024, with customers and employees being told to leave during business hours in a move so abrupt the company’s co-founder Mike Lavitola said: Dallas Morning News He plans to reopen at least two of his four North Texas locations.Chicago-based Lavitola said he has “the vision” to reopen 12 to 16 of Foxtrot’s 33 stores nationwide, which closed on April 23, 2024.LaVitra said stores in Chicago, Austin and Dallas could reopen as early as August 2024. newsIt did not say which Dallas-area stores would reopen or when.Related:23 Restaurants That Recently…
ARLINGTON — Texas Rangers shortstop Corey Seager left the game in the bottom of the second inning against the Detroit Tigers on Wednesday with a tight left hamstring.The 30-year-old Seager singled with two outs off Tigers left-hander Joey Wentz to score the game’s first run, but strained his left hamstring while reaching first base. The team’s training staff evaluated him and removed him from the game, replacing him with infielder Ezequiel Duran.Rangers manager Bruce Bochy said the club isn’t too concerned and that Seager isn’t scheduled to undergo an MRI. “We’ll know after the rest day. I don’t think it’s…
It may be a year before players sink a putt on the green, but shovels will be in the ground much sooner than that at East Texas’ newest golf resort.Popular developer Dream Golf plans to break ground later this fall on Wild Spring Dunes, a 2,400-acre public golf resort just north of Nacogdoches and less than a three-hour drive from Dallas and Houston. If all goes according to plan, golfers will be able to try out the fairways and flags in September 2025, with residential and lodging development to begin shortly thereafter.Michael Kaiser, one of the developers of the project,…
Click to enlarge Shutterstock / Frank Parker Texas is home to more Fortune 500 companies than any other state in the United States. With Texas Governor Greg Abbott implementing his own border policies and TEXIT gaining momentum within the state’s Republican Party, it might not be surprising to see the state take another step toward becoming a semi-autonomous region.To that end, the Lone Star State plans to launch its own stock exchange.Houston investor James H. Lee plans to launch a Texas stock exchange next year with a $120 million investment from asset managers BlackRock Inc. and Citadel Securities. The Wall…
Temperatures in Dallas-Fort Worth are expected to be “seasonably hot” by the end of the week, according to the National Weather Service.Forecasters say high temperatures will be in the 90s at DFW International Airport throughout this week, with heat indexes approaching triple digits. Low temperatures will be in the 70s.Related:What is the heat index and why does it matter in Dallas-Fort Worth as summer approaches?There is a slight chance of rain in the area overnight, but scattered thunderstorms are likely in the area on Friday with a low risk of damaging wind gusts. The risk of rain will continue through…