Mario Gabelli said the partnership of activist investor Bill Ackman and Valeant Pharmaceuticals to try to buy Allergan was unfair.» Read More
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.
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.
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.
OMAHA, Neb.-- Fidelity Investments has selected the Omaha suburb of Papillion for its new, $200 million data center, the company said Friday.
OMAHA, Neb.-- The Omaha Public Power District board has committed to using any insurance payouts related to the shutdown at the Fort Calhoun nuclear power plant to adjust customer rates. OPPD spokesman Mike Jones says the insurance is used to ease the financial impact of any outages at the Fort Calhoun plant.
LINCOLN, Neb.-- Pinnacle Bank has announced a deal to buy Hastings State Bank. The Hastings bank deal is the second in two days for Pinnacle Bank. Pinnacle Bank is part of Pinnacle Bancorp, which is based in Omaha.
LINCOLN, Neb.-- Nebraska- based Pinnacle Bank has agreed to buy First State Bank of Joplin, Mo.. First State Bank has four branches in Joplin, one in Sarcoxie and one in Webb City and a total of $183 million in assets.
DES MOINES, Iowa-- Iowa regulators have approved a settlement on MidAmerican Energy's plans to increase electric rates to cover rising costs. The Iowa Utilities Board says Tuesday the deal allows MidAmerican to increase annual revenue by $38.7 million, or 4 percent, in 2012. The utility temporarily raised rates in March.
--Our ratings on U.S.-based The Gavilon Group LLC, including the' BB' corporate credit rating, remain on CreditWatch, where they were placed with positive implications following Tokyo- based Marubeni Corp.' s.
Agriculture Secretary Tom Vilsack plans to attend the first workshop on Tuesday in Omaha, Neb. The other three workshops are being planned in Pueblo, Colo., Pine Bluff, Ark., and an undetermined town in Ohio.
OMAHA, Neb., Oct 6- Steve Martin has released an off-beat ad endorsing Bob Kerrey's candidacy in Nebraska's U.S. Senate race, in which the actor and comedian demonstrates how to build a wad of paper while cue cards offering praise for Kerrey are displayed on the screen.
OMAHA, Neb.-- The Nebraska Supreme Court on Friday upheld the dismissal of a lawsuit brought by an Omaha man convicted of investment fraud against his former business attorney. On Friday, the Nebraska Supreme Court agreed and upheld the dismissal.
--COMM 2012- LTRT's issuance is a CMBS transaction backed by two commercial mortgage loans totaling $259 million secured by two regional shopping malls: Westroads Mall and Oaks Mall. Westroads Mall is located in Omaha, Neb., with total mall square footage of 1.07 million; 540,304 sq. ft. of which serves as loan collateral.
OMAHA, Neb.-- Ag Processing Inc. plans to expand one of its soybean processing plants in Minnesota to boost production of a soy feed additive for cattle. CEO Keith Spackler says demand is strong for the AminoPlus product, and this expansion will help the company serve customers in the upper Midwest, Canada and other international locations.
OMAHA, Neb.-- Warren Buffett's company recently discovered it owns two short-line railroads that it must sell because of its 2010 acquisition of the Burlington Northern Santa Fe railroad.
The lawsuit was filed by the Oglala Sioux Tribe, which governs the Pine Ridge Indian Reservation, where alcohol is banned. Four beer stores named in the suit sold the equivalent of 4.3 million 12- ounce beer cans last year even though they're in Whiteclay, a Nebraska town with about a dozen residents on the reservation's border.