TCU energy institute gets $1M gift

Posted Monday, Feb. 18, 2013  comments  Print Reprints

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The TCU Energy Institute announced a $1 million gift to establish the Kenneth W. Davis Jr. Endowed Lectureship. The gift from the Fort Worth businessman will allow TCU to bring distinguished speakers to the TCU campus to discuss the energy industry, energy management, technology and other matters. "TCU has always taken on the responsibility to establish an innovative and aggressive approach to educate its students in cutting-edge developments important to the progress of America," Davis said.

-- Star-Telegram

BAE Systems gets F-16-related contract

BAE Systems said it has received a $23 million contract to provide F-16 support equipment, test systems and spares to the government of Oman. BAE is a supplier to Lockheed Martin, which won a $600 million contract in 2011 to build 12 F-16 fighter jets for Oman. BAE's Fort Worth facility is a leading systems integration provider for F-16 avionics upgrades. -- Star-Telegram

OfficeMax, Office Depot may merge

OfficeMax and Office Depot are talking about combining their companies, The Wall Street Journal reported Monday. The newspaper, citing unidentified sources, said that talks are advanced, and an announcement could come as early as this week. OfficeMax reports its fourth-quarter results on Thursday, while Office Depot is expected to report results next week. Representatives of both companies declined to comment. -- The Associated Press

Stanford committee sues for repayment

Allen Stanford's receiver and investors' committee sued Antigua, the Eastern Caribbean Central Bank and 23 former Stanford Financial Group executives over allegations they aided the financier's $7 billion fraud. The Official Stanford Investors Committee seeks repayment of at least $90 million in documented loans Stanford made to the dual-island nation of Antigua and Barbuda and accuses its elected officials of having been "Stanford's partners in crime," , according to the lawsuit. -- Bloomberg News

Bidding for Schilling's bloody sock begins

Bidding is under way for the bloody sock worn by former Red Sox pitcher Curt Schilling in the 2004 World Series, which he put up for sale after the high-profile collapse of his video-game company. Chris Ivy, for Dallas-based Heritage Auctions, said online bidding was up to $32,500 by Monday. Live bidding will take place Saturday in New York City. -- The AP

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