🚩PGA to tee off without Colonial? Bell reaches milestone delivery; AA, Southwest: We'll drink to that.

Colonial Country Club, home of the longest-running non-major event on the PGA Tour, may not host top players much longer. Golfweek reports the private club isn't expected to secure a place in the PGA Tour's new Championship Series, which will debut in 2028. Sources also told Golfweek that the club — and sponsor Charles Schwab — likely will pass on an opportunity to participate in the Tour’s second-tier Challenger Series. The 80-year tournament affectionately has been known as “Hogan’s Alley” for Ben Hogan’s five victories there. 

Sivan and Patrick Dumont purchased Miriam Adelson's shares of the Dallas Mavericks, making the Dumont family the controlling owners with a 69% share. Sivan is Adelson's daughter.  Former majority owner Mark Cuban maintains a 27% share of the franchise; the Dumonts can purchase another 20% share from Cuban at the original $3.5-billion valuation.

Trammell Crow Company and PGIM announced that work has started on Phase IV of 35 Eagle, a multi-phase speculative industrial park. This final phase, totaling 755,793 square feet across three buildings for lease, is scheduled for delivery in summer 2027. It is situated on approximately 58 acres at the northwest corner of Interstate 35 West and Eagle Parkway. 

Canales Furniture is opening a 40,000-square-foot superstore at La Gran Plaza de Fort Worth. An anchor tenant since the mall opened in 2004, the retailer took an adjacent suite to make Fort Worth its largest showroom. Canales also has Tarrant County locations in North Richland Hills and Arlington.

Milestone moment: Bell Textron delivered the 2,000th Bell 407 to White Saddle Air Services, a family-owned and operated helicopter company based at Bluff Lake in British Columbia’s Cariboo Chilcotin region. The platform has supported operators around the world for nearly three decades across commercial, utility, corporate and versatile mission operations.

Fort Worth-based Sports Entertainment Gaming Global Corporation (SEGG Media) said it has regained compliance with Nasdaq Listing Rule 5250(c)(1). Nasdaq canceled SEGG's November 19, 2026 hearing, and SEGG Media's common stock will continue to trade on Nasdaq under the symbol SEGG.

American Airlines AAdvantage members have a new opportunity after the airline agreed to an exclusive partnership with the MICHELIN Guide. The two brands will create unique experiences that celebrate the connection between travel, culture and exceptional cuisine, including intimate dinners with renowned chefs and private culinary trips.

Southwest Airlines has expanded its Sip and Ship program to Texas, allowing passengers departing Dallas Love Field, Austin, Houston Hobby and San Antonio to check one case of wine free. Travelers must be 21 or older and flying within the U.S. Each case can contain up to 12 bottles, weigh no more than 50 pounds and meet the airline’s packaging and size requirements. The wine doesn’t count toward a passenger’s checked-bag allowance, and no Rapid Rewards membership is required.

Zipline, which did much of its delivery testing with Walmart in Fort Worth and Dallas, has raised $1.5 billion at a $21.5-billion post-money valuation to expand drone manufacturing and its autonomous delivery network. The company has new agreements with Walmart — 300 new sites — and Uber, with a goal of one million daily deliveries by 2029.

Former UBS advisors Kyle Kight, Alex Armstrong and Jamie Packer have formed Fort Worth-based Cleros Wealth Partners. At UBS, they supervised $3.61 billion in client assets. Cleros is backed by a minority investment from Elevation Point.

Catholic Charities Fort Worth is expanding its evidence-based Stay the Course program for students in a partnership with Texas Wesleyan University. The initiative pairs eligible students with dedicated navigators to help overcome non-academic barriers (such as childcare or car repairs) and increase graduation rates. 

Fort Worth council member Michael Crain, United Way of Tarrant County and the Junior League of Fort Worth jointly launched Fort Worth Serves, a city-wide initiative to help residents find meaningful ways to volunteer, support their neighbors and strengthen the community. Working with the city and JustServe, the initiative aims to provide 500,000 volunteer hours by April 2027. 

A MESSAGE FROM BURT LADNER REAL ESTATE:

One level. Room to enjoy. This one-story, 4,124-sq-ft Westover Hills home at 2209 Canterbury Dr offers four bedrooms, three full baths, a half bath and an office. Three living areas, a formal dining room, and an updated eat-in kitchen provide space for daily living and entertaining. The office offers a dedicated work space, while multiple gathering areas accommodate guests and quieter downtime. Outside, a pool anchors the backyard, surrounded by mature landscaping and manicured grounds. Offered at $2,195,000 by Laura Ladner.

Fort Worth-based GM Financial will move its $750 million of 6.150% senior notes due 2035 from the New York Stock Exchange to Nasdaq, with trading expected to begin Nov. 17 under the symbol GM35B. 

Southlake-based Gauge Capital was named to Inc.’s 2026 Founder-Friendly Investors list for the seventh consecutive year. It was the only Tarrant County-headquartered firm among 13 Dallas-Fort Worth honorees. The unranked national list recognizes 294 investment firms and lenders for supporting founder-led businesses, drawing on founders’ feedback and company performance. Dallas-based Satori Capital was also recognized, and it maintains a Fort Worth office.

Tarrant-based Silverleaf Turf Co. has partnered with Metal America, which provides concrete slabs and steel building structures. That complements Silverleaf Turf Co.'s installations of specialized interior cages, turf and netting.

Twenty-five Texas Christian University researchers were named among the world’s top 2% of scientists, recognized as the most-cited in a Stanford University-led analysis of global citation data. 

Significant stat: $230 million = Amount of cash flow added for Berkshire Hathaway for every point of BNSF profit margin.

Earnings reports:

• Bedford-based Legacy Housing Corp., a mobile home manufacturer, reported net income of $20.1 million on revenue of $69.7 million. Third quarter profit was 85 cents per share.

• Willow Park-based ProFrac, a hydraulic fracturing provider, reported third-quarter revenue of $511 million, up from $498 million in the second quarter. Its net loss was $74 million, a million less than last quarter. Adjusted EBITDA slipped to $65 million from $69 million, but free cash flow turned positive at $14 million. ProFrac said it is looking at selling non-core assets.

• Six Flags Entertainment reported third quarter revenue of $1.17 billion and EBITDA of $493.2 million, both down 11% year over year. Revenue was up 1.4% on a same-park basis. Net loss was $366.1 million or $3.59 per diluted share. Liquidity was $1.06 billion at quarter end. 

• Fort Worth-based TXO Partners reported a third-quarter net loss of $32.1 million, compared with net income of $4.4 million a year earlier. Revenue fell to $55.1 million from $100.9 million. The partnership declared a third-quarter distribution of $0.44 per common unit, payable Nov. 20.

• Fort Worth-based Kimbell Royalty Partners reported record third-quarter production of 27,565 barrels of oil equivalent per day, boosted by a $221.2 million acquisition that closed Aug. 21. Revenue was $86.3 million and net income about $17.3 million, or 12 cents per common unit. $367 million in acquisitions closed since June and Kimbell declared a 45-cent quarterly distribution.

• Southlake-based Sabre reported third-quarter revenue of $738.4 million, up 3%. Adjusted EBITDA rose 16% to $163.7 million, and Sabre raised its full-year, pro forma adjusted EBITDA forecast to about $610 million. It posted a $25.2 million net loss. Shares opened higher, but fell to $1.68 by day's end.

Defense industry news:

• Lockheed Martin will pay $29.5M to settle U.S. government allegations that a 2021 bonus and promotion program discriminated against white employees. $22M goes to the U.S. to resolve claims of non-compliance with anti-discrimination requirements in federal contracts. $7.5M will be distributed to more than 1,000 affected employees under a settlement with the Equal Employment Opportunity Commission.

• Lockheed Martin won an award up to $122.4 million to provide the Navy with Strategic Weapon System Trident fleet support, including Trident II shipboard integration and navigation sub-system development. The contract is expected to run through October 2030, subject to funding availability.

📍The January 2027 issue of our bimonthly print publication will feature a ranking of the Top 20 Accounting Firms in Tarrant County. To submit your information for list inclusion, go here. There is no cost to be featured on the Top 20 list.

Today in history: 1869 = Rutgers defeated Princeton 6-4 in New Brunswick, New Jersey, in the first intercollegiate football game. Each team fielded 25 players, and the contest resembled soccer: no touchdowns, and players couldn’t run with the ball.

Daily digit: #1 = Texas’ rank for business climate for the fourth consecutive year in Site Selection magazine’s annual rankings, ahead of Georgia and North Carolina. The 2026 ranking combines a survey of corporate real estate executives and site selectors with data on business investment, taxes, infrastructure, technology employment and startup activity.

Announcements:

• Toyota Motor North America: Names Mark Templin CEO. 

• Bowie House, Auberge Collection: Hires Ty Thaxton as Executive Chef at Bricks and Horses. 

• Bell: Selects Janae Stockton as a Manager of Talent Development.

• European Teacher Education Network: Selects TCU College of Education faculty members Ashley Tull and Cynthia Savage to lead a newly developed thematic interest group on education policy and leadership.

• Whitebox Real Estate: Hires Pete Richardson as Executive Vice President.

• Union Gospel Mission: Names Mitchell Ellis Chief Executive. He previously headed its security initiatives and served on its board for more than two years.

• Tarleton State University: Selects Dr. Amy Cook as Vice President of Research. 

• Texas Health Harris Methodist Hospital Southlake: Names Jon Duckert President.

• National Pancreas Foundation: Designates Texas Health Harris Methodist Hospital as an NPF Clinical Center of Excellence.

• CCS Fundraising: Names Andrea Ash-Stinson Senior Director.

• O’Brien Right of Way: Hires Brandon Lawson and Dillon Smith as Analysts. 

• C Spire: Names Tate Baird Account Manager.

• Kelly Hart: Adds Myles Chapman as litigation associate. 

• Higginbotham: Names Ivan Kabanov Chief Technology Officer. 

• Northern Trust: Promotes Roshni Patel to Portfolio Banker in the Fund Sponsor Service Group. 

• Texas Veterans Commission: Names First Command Financial Services its Large Employer of the Year.

• Fifth Third Bank: Hires Chris Smith as Business Banking Relationship Manager. 

• Fort Worth: Cherie Gordon is leaving the Economic Development Department. 

• Distribution Solutions Group: Names Shawn O’Neal Chief Transformation Officer. 

• Texas Rangers: Promotes Hamilton Wise to Vice President, Amateur and International Scouting.

• REV Entertainment: Arranges sponsorships with Modelo and Arrow Exterminators for Texas Health Mansfield Stadium. 

• exacare ai Awards: Creative Solutions in Healthcare received the Implementation of the Year Award for record-setting deployment of artificial intelligence technology across its skilled nursing portfolio.

• Master Craftsman Award: Recognizes Southwest Metal Treating as Commercial Heat Treater of the Year. 

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