Dallas Business Journal articles from February 1995

Dallas Business Journal archives from February 1995

Coalition of employers flexes health muscles: group looks at insurance options for 500,000 workers.
February 24, 1995... A group comprising some of the most powerful companies in the Metroplex is exploring the creation of a health care purchasing coalition that could deal a major blow to area insurers and managed-care plans. The Dallas Business Group on...

Broker defections rock Dickinson. (Dickinson and Co.)
February 24, 1995... The Dallas hub of a stock brokerage and investment banking firm known for underwriting small, highly speculative stock offerings has been rocked by turnover in recent months. Approximately 20 stock brokers have quit or been dismissed from the...

Harwood office tower secures city tax break. (Harwood Pacific Corp.; Dallas, Texas)
February 24, 1995... Just a stone's throw from such fashionable real estate as The Crescent and the Hotel St. Germain, Harwood Pacific Corp. plans to build a new office tower - central Dallas' first in this decade - with the help of tax breaks earmarked for...

Northern Trust doubles size. (Northern Trust Corp.)
February 17, 1995... Wealthy trust clients sought in $33 million Houston deal The parent of Dallas-based Northern Trust Bank of Texas has made a $33 million cash bid to buy a Houston bank. The deal would instantly double the assets of Northern Trust Bank and...

Hunt contracts for second run at ex-Price site. (Hunt Properties Inc.; Price Club)
February 17, 1995... Hunt Properties Inc. is taking another stab at the former Price Club building on Park Lane. Last July, Hunt put the building under contract after Capital Realty Group Inc. dropped its plans to buy, renovate and expand it for multiple retail...

Dave & Buster's is main course in spinoff. (Edison Brothers Stores Inc.'s plan to spinoff Dave and Busters Inc.)
February 17, 1995... Almost six years after willingly being swallowed by a billion-dollar conglomerate, the Dave & Buster's restaurant and entertainment chain is being coughed up. Edison Brothers Stores Inc., a publicly held specialty retail company, plans to...

Richards Group close to signing big lease at NorthPark Central.
February 17, 1995... One of Dallas' fastest-growing and best-known advertising agencies soon may have a new address. The Richards Group has outgrown its 62,000-square-foot office on North Central Expressway and is on the verge of signing a 100,000-square-foot...

DART cost overruns draw attention of board members. (Dallas Area Rapid Transit)
February 17, 1995... Mounting cost overruns - $90 million so far - on construction contracts for Dallas Area Rapid Transit's light rail system have begun to concern DART board members and others. The extra expense for DART's 21-mile initial light rail system has...

Video conferencing developer to hit up market for $10.7M. (Multimedia Access Crp.)
February 17, 1995... A local developer of video conferencing equipment wants investors to help it pay to play in a burgeoning communications market. Multimedia Access Corp. wants to raise $10.7 million to finance its foray into the video conferencing market. The...

SEC sues owners, officers of former Irving company. (Silicon Disk Corp.)
February 17, 1995... The Securities and Exchange Commission filed suit against three controlling owners and officers of a publicly traded company that moved from Irving to Canada. The suit was filed Feb. 8 in federal court in Dallas against Jeffrey C. Hays of...

Kroger presents this year's WalkAmerica in north Texas. (Kroger Co. sponsors 1995 March of Dimes WalkAmerica) (WalkAmerica!)
February 17, 1995... The Kroger Co. is proudly sponsoring March of Dimes WalkAmerica for the fourth year in a row. "We feel the March of Dimes Birth Defects Foundation plays a vital role in our community; we wanted to continue our long-standing involvement this...

Michaels shops for new metroplex digs. (Michaels Store Inc.)
February 10, 1995... Michaels Stores Inc. has outgrown its North Irving campus and is looking for 400,000 square feet to 500,000 square feet of warehouse space and up to 200,000 square feet of office space, Michaels Executive Vice President Douglas Sullivan...

Baylor, Presby and Methodist team on psych. (Baylor Health Care System; Presbyterian Healthcare System; Methodist Hospitals of Dallas)
February 10, 1995... The three largest hospital systems in Dallas are taking the first visible step toward an anticipated alliance with the formation of a fully integrated psychiatric network. Baylor Health Care System, Presbyterian Healthcare System and...

Sunny and shares: Palm Beach tans up for IPO. (Palm Beach Tan Inc. plans initial public offering)
February 10, 1995... Parrish Medley believes his company can be to indoor tanning what Blockbuster is to video renting and what Starbucks is to coffee drinking. Now the question is whether investors will believe it too. Medley owns Palm Beach Tan Inc., a small...

Fallen star Aztec on the block as Midwest Energy deal tanks. (Aztec Energy Corp.; Midwest Energy Companies Inc.)
February 10, 1995... Aztec Energy Corp. officials are seeking new buyers for the company's assets following the collapse of a planned acquisition by a Tulsa oil firm. Once considered an up-and-comer by Wall Street, Aztec is reorganizing under Chapter 11...

Just For Feet superstore chain steps into the Dallas market.
February 10, 1995... Fast-growing shoe retailer Just For Feet Inc. is making tracks in Dallas. The burgeoning chain has signed leases for four superstores in the Dallas area with firm plans for a fifth. The stores, which surround huge selections of athletic and...

Officials want I-35 named Nafta superhighway. (North American Free Trade Agreement)
February 10, 1995... The latest Nafta trade war isn't about tariffs, wages and environmental regulations. It's about highways. And it's being fought by the cities and counties that line the roads running from Mexico into the United States. If the people who want...

Business leaders push state to revive emissions testing.
February 10, 1995... Local business groups are pushing the Texas Legislature to revive the suspended automobile emissions testing program to help bring the Metroplex into compliance with the Clean Air Act. Local business leaders have mobilized the drive to reopen...

Employers wait for ruling on insurance. (worker's compensation)
February 10, 1995... The workers' compensation system is at work for Carolyn Wolf. She manages the Pier 1 store at 3820 W. Northwest Highway in Dallas, where there have been no workers' comp claims for three years under laws passed in 1989. The company...

Council cuts in to speed arena deal. (Dallas City Council; sports arena)
February 3, 1995... City hopes to resolve problems through face-to-face negotiations Negotiations to build a $142-million downtown sports arena have shifted to high gear, because Dallas City Council members have initiated face-to-face talks with Dallas Mavericks...

Real estate trust buys control of Republic Towers. (Transcontinental Realty Investors Inc.)
February 3, 1995... Transcontinental Realty Investors Inc. has purchased Starr Investments Inc.'s ownership in Republic Towers, a 1.3 million-square-foot office complex in downtown Dallas. The deal comes as the federal government considers Republic Towers for a...

Irving company gains foothold in Mexico. (Hunter Resources Inc.)
February 3, 1995... Deal could mean $50M in exports Irving - Unbowed by the peso panic, Hunter Resources Inc. is heading into Mexico, thanks to a new contract to steer equipment and financing to a major Mexican conglomerate. Hunter has hired high-profile...

Retailers splurging on land near Galleria. (Dallas, Texas)
February 3, 1995... Long eager to feed off The Galleria, retail developers now are snatching up nearby land that is some of the most expensive in the city outside the Central Business District. At least three developments are moving closer to fruition as the...

Dallas council to consider changes in fiscal philosophy.
February 3, 1995... There's a movement afoot at City Hall to re-examine the city's conservative money management philosophy to free money for a growing list of infrastructure improvements. "We've got a growing backlog of needs that have to be addressed," said...

Baylor provider network buys physicians' group. (Baylor Health Care System; Health Texas Provider Network)
February 3, 1995... Baylor Health Care System is in the doctor business, literally. Health Texas Provider Network, a 10-month-old subsidiary of the giant not-for-profit hospital system, purchased its first doctor group - a 14-physician primary care practice...

Developer plans retail center on NW Highway. (Intercity Investment Properties Inc.; Dallas, Texas)
February 3, 1995... Intercity Investment Properties Inc. plans to demolish an apartment complex at Northwest Highway and Turtle Creek Boulevard and replace it with an eight-acre retail center, according to a zoning request filed with the City of Dallas....

Lone Star adds new Mexican routes. (Lone Star Airlines)
February 3, 1995... Lone Star Airlines will expand its Mexico routes this month to two new cities. The Fort Worth-based airline is trying to capitalize on growing travel demands spurred by increasing international trade. It also is working to add other cities....

Judicial panel to decide fate of bankruptcy trustee. (Molly Bartholow)
February 3, 1995... The debtors and creditors in Dallas' Chapter 13 bankruptcy community are awaiting a decision by federal judges on the fate of the trustee who oversees personal bankruptcy reorganizations. Molly Bartholow, trustee for the U.S. Bankruptcy...

Largest Metroplex voice call processing hardware and software vendors. (Texas)(tabular data only)(Directory)
February 3, 1995... /tLargest Dallas-Fort Worth-area computer software manufacturers. (tabular data only)ftware manufacturers. (tabular data only)/pp20(1)/^A/$DI/aCarter, Wayne/ii l/,table/sBusiness rankings/STexas/sDallas-Fort Worth Metropolitan Area/SBusines s...

Dallas providers offer Internet access. (on-line service)
February 3, 1995... Dallas companies are paving an easier road for corporate clients to use the Internet. Services offered typically include news groups, access to the World Wide Web (a graphical interface for the Internet), discussion groups, corporate e-mail...