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Texas Gov. Mark White signed legislation allowing...

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Texas Gov. Mark White signed legislation allowing out-of-state banks to purchase Texas banks . . . Symbolics Inc. said it expects to report a “significant loss” for the first quarter ending Sept. 30 . . . Commercial International Corp. of Los Angeles announced that Sachs Nut Co., one of its wholly owned subsidiaries, has sold its operating assets, inventories and outstanding purchase contracts to E.J. Cox Co. . . . Convergent Technologies said it expects to record an operating loss for the third quarter . . . Cummins Engine Co. said it is offering an early retirement incentive program for most of its U.S. employees.

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