×

Top News & Analysis Omaha

  • BUFFALO, New York, April 21- Laicie Manzella lived in a rundown house on Buffalos east side when three of her children tested with dangerously high levels of lead in their blood. A Reuters investigation found at least four city zip codes here where 40 percent of children tested from 2006 to 2014 had high lead levels, making Buffalo among the most dangerous lead...

  • OMAHA, Neb. _ Werner Enterprises Inc. on Thursday reported first-quarter earnings of $16 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. Seven analysts surveyed by Zacks expected $495.8 million.

  • OMAHA, Neb.— CSX Corp. expects to deliver a 25 percent increase in profits this year as the railroad works to streamline operations under new CEO Hunter Harrison. The Jacksonville, Florida- based railroad said Thursday that its earnings per share will jump about 25 percent over last year's $1.81, but that excludes restructuring costs. CSX also said it will...

  • OMAHA, Neb. _ Valmont Industries Inc. on Wednesday reported first-quarter earnings of $39 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share. Three analysts surveyed by Zacks expected $623.8 million.

  • OMAHA, Neb.— CSX Corp.' s first-quarter profit rose about 2 percent as the railroad hauled more, but its results were hurt by restructuring expenses. The Jacksonville, Florida- based railroad said Wednesday that it earned $362 million, or 39 cents per share. That's up from $356 million, or 37 cents per share, a year ago.

  • Neligh, NEBRASKA, April 19- When President Donald Trump handed TransCanada Pipeline Co. a permit for its Keystone XL pipeline last month, he said the company could now build the long-delayed and divisive project "with efficiency and with speed." But Trump and the firm will have to get through Nebraska farmer Art Tanderup first, along with about 90 other landowners...

  • OMAHA, Neb.— Online brokerage TD Ameritrade is maintaining its earnings forecast for is current fiscal year, despite cutting the fee it charges on customer's trades. TD Ameritrade CEO Tim Hockey said that his company is prepared if the commission war escalates further, but he also believes Ameritrade's trading platform is worth more. TD Ameritrade affirmed its...

  • OMAHA, Neb. _ TD Ameritrade Holding Corp. on Wednesday reported fiscal second-quarter profit of $214 million. TD Ameritrade expects full-year earnings to be $1.50 to $1.80 per share. TD Ameritrade shares have fallen 14 percent since the beginning of the year.

  • *Buffett's popularity in China may aid marketing pact. April 17- A real estate brokerage controlled by Warren Buffett's Berkshire Hathaway Inc on Monday announced a marketing agreement with Juwai.com, China's largest international property website, to attract wealthy Chinese citizens hoping to buy homes in the United States. Including buyers from Hong...

  • April 17- Berkshire Hathaway HomeServices on Monday said it entered a marketing agreement with Juwai.com, China's largest international property website, to attract wealthy Chinese buyers looking to purchase homes in the United States. Berkshire Hathaway HomeServices may also be hoping to benefit from Buffett's popularity in China.

  • April 12- Warren Buffett's Berkshire Hathaway Inc withdrew its application to the Federal Reserve to boost its ownership stake in Wells Fargo& Co above 10 percent, and is instead selling 9 million shares to keep it below that threshold. Wells Fargo has been beset since September by a scandal over its creation of unauthorized customer accounts.

  • OMAHA, Neb.— Warren Buffett's company is selling a chunk of its Wells Fargo stock to avoid some federal regulations. The sale isn't tied to the scandal over the bank's sales practices that led to its CEO's departure last year, Berkshire Hathaway said Wednesday. Instead, Berkshire said it's selling the stock to keep its stake in the San Francisco- based bank below 10...

  • NEW YORK— Her banking career ended in scandal, but the start was straight out of the storybooks. The way Carrie Tolstedt told it, she caught the banking bug early when she was a child in a small Nebraska town. It recommended that the bank claw back $47.3 million that she had received in stock options, on top of $19 million it had previously taken away.

  • *March U.S. jobs growth lowest since last May. NEW YORK, April 7- Wall Street's three major indexes edged lower on Friday in a choppy session as investors grappled with a weaker-than-expected job report, the U.S. airstrike in Syria and a top Federal Reserve official's comments on trimming the U.S. central bank's balance sheet. The market rallied sharply after...

  • NEW YORK, April 7- Wall Street's three major indexes were virtually unchanged on Friday but fell well below session highs in late-afternoon trading after a key Federal Reserve official shed more light on the Fed's plan to reduce its balance sheet while investors digested a weak jobs report. New York Fed President William Dudley discussed the U.S. central...

  • *Raytheon, Lockheed gain after US strikes on Syria. April 7- U.S. stocks dipped in volatile trading on Friday morning as a disappointing U.S. jobs report added to investors' nervousness following a U.S. missile strike on Syria. The United States fired several missiles late on Thursday at an airfield in Syria from which a deadly chemical attack was launched earlier...

  • April 6- An insurance unit of Warren Buffett's conglomerate Berkshire Hathaway Inc said it has sued Goodyear Tire& Rubber Co to avoid having to cover asbestos-related injury claims that Goodyear said nothing about for seven years. About 62,000 claims are pending against Goodyear in states including Florida, Maryland, New York, Pennsylvania and Texas over...

  • April 3- Coca-Cola Co is putting the likeness of Warren Buffett on Cherry Coke cans in China, hoping to benefit from its biggest shareholder's popularity in the country. It launched Cherry Coke in China on March 10. Buffett has many fans in China, which often sends a large contingent to watch him at Berkshire's annual meetings in Omaha, Nebraska.

  • Jeff Bezos

    Jeff Bezos, Amazon.com founder and CEO, is now the second-richest person on the planet, besting Warren Buffett of Berkshire Hathaway.

  • March 17- Warren Buffett's compensation for running Berkshire Hathaway Inc edged up 4.0 percent last year to $487,881 reflecting the higher cost of keeping the world's second-richest person safe. Berkshire said Buffett's salary in 2016 was $100,000, the same amount he has received for more than a quarter century, while the cost of providing him with home and...