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  • *Sale is for $500 million, person close to the deal says. Nov 2- Warren Buffett's Berkshire Hathaway Inc said it would buy Oriental Trading Co, a toy and party supplies company that is partially owned by private equity firm KKR& Co LP, for an undisclosed sum.

  • *Sale is for $500 million, person close to the deal says. Nov 2- Warren Buffett's Berkshire Hathaway Inc said it would buy Oriental Trading Co, a toy and party supplies company that is partially owned by private equity firm KKR& Co LP, for an undisclosed sum.

  • Nov 2- Warren Buffett's Berkshire Hathaway Inc said it would buy Oriental Trading Co, a toy and party supplies company that is partially owned by private equity firm KKR& Co LP, for an undisclosed sum.

  • Warren Buffett Wants to Make the World More "Fun" Friday, 2 Nov 2012 | 10:28 AM ET

    It isn't a big-game elephant, but Warren Buffett has captured a smaller "party" prize. Buffett's Berkshire Hathaway announced today it has acquired privately-held Oriental Trading, based in Buffett's home town of Omaha, Nebraska.

  • How US drought damaged economy as well as crops Friday, 26 Oct 2012 | 5:15 PM ET

    WASHINGTON-- The worst drought in decades didn't just shrivel corn and soybeans. It shrank economic growth too. That means normal weather would have lifted economic growth to 2.4 percent for the quarter, the Commerce Department said.

  • Insurance co. apologizes for rift with Neb. deputy Thursday, 25 Oct 2012 | 5:51 PM ET

    OMAHA, Neb.-- An insurance company that canceled the homeowner's policy of a Nebraska sheriff's deputy because of his K-9 unit dog said Thursday it's looking to change its practices regarding police dogs.

  • Buffett's firm wins auction for ResCap's loans Thursday, 25 Oct 2012 | 3:47 PM ET

    OMAHA, Neb.-- Warren Buffett's company won the auction for Residential Capital's loan portfolio with a $1.5 billion bid this week. That means the conglomerate Berkshire Hathaway Inc. will acquire the loans as long as a bankruptcy judge approves. ResCap's parent company is Ally Financial, which is 74 percent owned by the U.S. government as a result of bailouts.

  • Insurance co. drops Neb. man because of police dog Thursday, 25 Oct 2012 | 2:39 PM ET

    OMAHA, Neb.-- A Nebraska sheriff's deputy is being dropped by his home insurance company, who says the police dog he keeps at his Omaha home is a risk it is not willing to bear.

  • Rural Media Group buys another cable network Wednesday, 24 Oct 2012 | 2:36 PM ET

    OMAHA, Neb.-- The Rural Media Group has purchased another cable network to expand its programming into more markets. Rural Media produces RFD-TV and Rural TV with rural-themed programming. The deal gives the company access to several major markets, including New York, Chicago, Atlanta, Dallas and Los Angeles.

  • Nebraska's jobless rate hit 3.9 pct in September Friday, 19 Oct 2012 | 11:49 AM ET

    LINCOLN, Neb.-- Nebraska's unemployment rate dropped to 3.9 percent in September, a tenth of a percentage point under the August and July figure of 4 percent, the state Labor Department said in a report released Friday. Only North Dakota's September rate of 3 percent was lower than Nebraska's. Unemployment in the state's largest city, Omaha, dropped to 3.8 percent.

  • Economic index jumps for Midwest, Western states Friday, 19 Oct 2012 | 11:29 AM ET

    OMAHA, Neb.-- An index of economic conditions in 10 Midwest and Western states jumped this month after three months of drought-induced doldrums. "Our survey indicates that the negative impacts of the drought are being more than offset by the positives of very strong incomes from high agriculture and energy prices," said Creighton University economist Ernie Goss.

  • Report: Nebraska wind power would boost economy Friday, 19 Oct 2012 | 10:23 AM ET

    LINCOLN, Neb.-- Nebraska is trailing its neighbors in wind-energy development and missing an opportunity to add jobs to the state economy while producing a cleaner form of energy, according to a report released Thursday.

  • Union Pacific 3Q profit up 15 pct. on price hikes Thursday, 18 Oct 2012 | 1:06 PM ET

    OMAHA, Neb.-- Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the railroad offset a 12 percent drop in coal shipments. Union Pacific, based in Omaha, Neb., said Thursday that revenue grew 5 percent to $5.34 billion from last year's $5.1 billion.

  • Lindsay rises on demand for irrigation systems Thursday, 18 Oct 2012 | 11:21 AM ET

    NEW YORK-- Shares of Lindsay Corp. reached their highest point in more than a year on Thursday after the irrigation system maker said its fourth-quarter net income surged on higher demand from farmers.

  • Union Pacific 3Q profit up 15 pct on price hikes Thursday, 18 Oct 2012 | 8:31 AM ET

    OMAHA, Neb.-- Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the railroad offset a 12 percent drop in coal shipments. Union Pacific, based in Omaha, Neb., said Thursday that revenue grew 5 percent to $5.34 billion from last year's $5.1 billion.

  • Werner 3Q net falls on weak demand, higher fuel Wednesday, 17 Oct 2012 | 4:45 PM ET

    OMAHA, Neb.-- Trucking and logistics company Werner Enterprises Inc. said on Wednesday that its third-quarter net income fell 15 percent because of weak demand for freight hauling and rising fuel prices. The company earned $25.1 million, or 34 cents per share, for the quarter that ended Sept. 30.

  • Lindsay Corp. fiscal 4Q profit rises 48 pct. Wednesday, 17 Oct 2012 | 3:45 PM ET

    OMAHA, Neb.-- Irrigation system maker Lindsay Corp. said Wednesday that its fiscal fourth-quarter net income jumped 48 percent, boost by higher demand from farmers. For the quarter ended Aug. 31, the Omaha, Neb.- based company made $8.8 million, or 68 cents per share, up from $5.9 million, or 46 cents per share, in the same quarter last year.

  • CSX 3Q rail profit dips 2 pct. on volume shift Tuesday, 16 Oct 2012 | 4:43 PM ET

    OMAHA, Neb.-- CSX Corp. reported a 2 percent dip in its third-quarter profit and revenue Tuesday because the railroad delivered fewer carloads of coal and crops, and fuel surcharge revenue declined. The Jacksonville, Fla.- based railroad made $455 million, or 44 cents per share. That's down from $464 million, or 43 cents per share in the same period a year ago.

  • NEW YORK, Oct 12- Electronic trading on the main online platform of TD Ameritrade, the No. 1 U.S. discount brokerage by trading volume, was disrupted for about a half hour on Friday due to a technical glitch that prevented some stock symbols from being recognized, the company said.

  • Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' BBBpi' counterparty credit and financial strength ratings on Central States Health& Life Co. of Omaha. The ratings on CSO are based on the company's strong capital adequacy as measured by our model, and strong operating performance based on its strong pretax return on revenue.