American Motors said its second-quarter loss will...

American Motors said its second-quarter loss will exceed the $29- million deficit that it reported in the first quarter . . . Texas Air, which agreed in June to take over Trans World Airlines, has acquired 8.6 million, or 21.2%, of TWA’s common shares, it told the Securities and Exchange Commission . . . Western Airlines said it has selected Dailey & Associates to handle its $20-million advertising account . . . Jack Eckerd Corp. of Clearwater, Fla., said it repurchased the 1.88 million of its shares owned by Dart Drug Group for about $55.6 million. Dart also agreed to drop all pending litigation against Eckerd . . . Pathfinder Computer Centers said it has completed the acquisition of Computer Superstores of Albuquerque, N.M. . . . Beverly Hills-based Western Bell Communications has acquired privately held Western Bell Entertainment for undisclosed terms.