Local News - Dallas Business Journal

Sally Beauty Holdings Inc. saw its third quarter profit rise 118 percent on an increase in consolidated same stores growth, the addition of new stores and the purchase of Pro-Duo, N.V. -- a cosmetic and hair product supplier. (SBH)

JC Penney Co. Inc. says comparable-store sales — or sales recorded at all stores open for more than a year — fell 6.5 percent in July. (JCP)

British bank HSBC Holdings plc plans to cut 250 jobs from its auto finance business in Lewisville as it ceases making auto loans in the United States.

Texas Attorney General Greg Abbott has charged debt collection agency Anderson, Crenshaw & Associates, LLC with violating the Texas Deceptive Trade Practices Act.

Wireless provider T-Mobile USA Inc. said Wednesday two federal courts — one in Dallas, another in Houston — have issued judgments prohibiting mobile phone traffickers from purchasing the company’s wireless phones in bulk to sell them and pocket subsidies created for the benefit T-Mobile’s customers.

It’s highly unlikely Dallas/Fort Worth International Airport would close one of its five terminals in reaction to a tough economy, according to airport spokesman David Magaña.

Two New York financial firms are taking over management of the Bennigan's franchise system, according to a recent report in Nation's Restaurant News .

Independent petroleum refiner Holly Corp. said Wednesday its second quarter profit fell 93 percent on lower yields, higher operating expenses and maintenance issues and delays at two refineries. (HOC)

Rockfish Seafood Grill LLC, the parent-company of the Rockfish Seafood chain of casual dining restaurants, has been sold to three private equity firms and individual investor, Henry Leonard.

Nolan Ryan may have put his baseball glove to rest in 1993, but the former baseball star and current president of the Texas Rangers is still the most recognizable and well-liked baseball player in the country, a new survey says.

An American Airlines jet en route from Los Angeles to Honolulu made an emergency landing after a pilot smelled smoke in the plane’s cabin. (AMR)

Southwest Airlines Co. carried fewer passengers in July when compared to the same month a year ago. (LUV)

Restaurant company Brinker International Inc. saw its profit drop 49 percent for the fourth quarter as it was hit by higher commodity costs.

Kronos Worldwide Inc. posted a second-quarter profit of $5.8 million, or 12 cents per share, on sales of $391 million during the second quarter of 2008. (KRO)

Texas Attorney General Greg Abbott is taking the fight to uphold a student’s right to observe "a moment of silence" after the recitation of the pledge of allegiance to the U.S. Court of Appeals for the 5th Circuit.

Natural gas producer XTO energy said Monday it has raised $1.2 billion, prior to underwriting costs, after closing on a previously announced pubic common stock offering of 26 million shares, priced at $48 per share. (XTO) (LEH) (JPM) (UBS)

Delfasco Forge, a subsidiary of Delfasco Inc., has filed for Chapter 11 bankruptcy protection.

A proposal to add a $400 million oil refinery project to a military appropriations bill has fallen through, the office of Rep. Michael Burgess, R-Texas, said Friday.

The Allied Pilots Association is attempting to thwart the furlough of 200 American Airlines pilots by asking a district court in Washington, D.C., to let the pilots give up their overtime flying in exchange for preventing the layoffs. (AMR)