Out of 26 million Texans, you may have an idea to change the world. You may have had several ideas to change the world. But only a tiny minority of you pushed through the U.S. Patent office from application to successful patent. We've seen Texans change the world many times over. Jack Kilby did it with Texas Instruments in 1958 with the integrated circuit, causing the start of the digital revolution, which, in part, is why you can read these words over your electronic device.
Over the last few years, Texas Business has brought its feature: Texas Business Patent of the Day. This list is of the ones that were either extremely clever, odd or strange. One thing becomes apparent from these patents and the patent that runs daily in Texas Business—Texans have a unique mind set.
Though the history of the Corn Dog is disputed, the State Fair of Texas claims to have introduced the Corny Dog sometime between 1938 and 1942. As a paean to that invention that now sits in the freezer section of every grocery store in the southwest, here are the fried foods the State Fair of Texas has introduced, or tried to introduce, in the last seven years.
Don't get caught up with John Wayne religion. For one thing, he's not Texan. He's in some fine movies involving Texas, most notably The Searchers, but none of his movies can make the best cut of Texas movies. Here's the short list.
Unsung Texas Business Journalists Mention that one is a reporter, and there's a spark of interest. Mention that one is a business news reporter, and watch the eyes glaze over. Except to the players, business and economic journalists are unappreciated. While many wish to become sports reporters when they grow up, most do not realize that business journalists cover the Real Game. Mention that reporter covers business, and watch the eyes glaze over. A toast to these below on the short list and the numerous unnamed ones slogging away. Full Story » TexasBusiness.com
Best Texas Mexican Food: The Short List No, we're not going to debate the difference between Tex-Mex, Mex-Tex, Mexican and Texican food. Just know these establishments are the pinnacle of Texas Mexican fare. No brag, just fact. Full Story » TexasBusiness.com
Best Texas Burgers Texas Burgers. . While a hamburger is merely sustenance and gratification for a meal, the memory a good Texas burger can give rise to Homeric odes. The short list. Full Story » TexasBusiness.com
Texas Business reports: Houston’s Genesis Energy L.P. announced today that it has received authorization to list its limited partner units on the New York Stock Exchange.
Trading is scheduled to begin September 15 under the symbol “GEL.”
The New York Stock Exchange is the largest equities stock exchange in the world. To list a company stock on the NYSE adds visibility and significantly enhances the firm’s reputation.
To be listed, a corporation must meet specified criteria, including at least 400 U.S. shareholders or 5,000 worldwide.
There must be at least 1.1 million shares in public hands in the United States or 2.5 million shares held by international investors, and the value of shares held by non-insider investors must total at least $100 million (unless the company has been spun off a NYSE company). The shares must trade for at least $4.
“Genesis Energy has grown significantly in recent years,” said chief executive Grant Sims in a prepared statement. “The partnership is well positioned to add further value for our partners. Joining other leading companies on the New York Stock Exchange is an important next step in this process.”
Genesis Energy, L.P. has notified the NYSE Amex that it will voluntarily delist its limited partner units from the NYSE Amex.
The last day of trading of the company's common stock on the NYSE Amex is expected to be on or about September 14, 2010.
Until the partnership's limited partner units begin trading on the NYSE, the partnership's units will remain trading on the NYSE Amex under the existing symbol "GEL."
Genesis Energy L.P. is a diversified midstream energy master limited partnership headquartered in Houston. Genesis engages in four business segments. The Pipeline Transportation Division is engaged in the pipeline transportation of crude oil and carbon dioxide. The Refinery Services Division primarily processes sour gas streams to remove sulfur at refining operations, principally located in Texas, Louisiana, and Arkansas. The Supply and Logistics Division is engaged in the transportation, storage and supply of energy products, including crude oil and refined products. The Industrial Gases Division produces and supplies industrial gases such as carbon dioxide and syngas. Genesis' operations are primarily located in Texas, Louisiana, Arkansas, Mississippi, Alabama, and Florida.
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