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Top News & Analysis Omaha

  • April 27- Duracell, a unit of Warren Buffett's Berkshire Hathaway Inc, on Thursday filed a lawsuit accusing a Missouri wholesaler of illegally selling gray market versions of its copper-top alkaline batteries. According to a complaint filed in federal court in Chicago, JRS Ventures Inc is importing and selling batteries made in China that were intended for...

  • WASHINGTON— Donald Trump won the White House by arguing that what America needed was a president who had proved himself as a steely and successful corporate leader with no political baggage— someone, say, like himself. If Abraham Lincoln relied on a team of rivals, Trump would command a team of "killer" CEOs. He cast himself as a gifted manager who could rewrite flawed...

  • "The stabilization that we're seeing in the market is much more driven by the price of natural gas as a competitive fuel," Chief Executive Lance Fritz told Reuters after the Omaha, Nebraska- based railroad reported a better-than-expected first-quarter profit that was boosted by a 25 percent increase in coal revenue. He said he was also optimistic that the North...

  • DETROIT, April 27- Union Pacific Corp on Thursday reported better-than-expected quarterly profit, lifted in particular by a 25 percent jump in coal freight volume, and said it expects its freight business to grow in the low single digits in 2017.. Union Pacific said it expects to improve its operating ratio, a key metric for Wall Street that measures expenses as a...

  • The Omaha, Nebraska- based company said on Thursday freight revenue from coal surged 25 percent in the first quarter ended March 31. Union Pacific's net income rose to $1.07 billion, or $1.32 per share, in the first quarter, from $979 million, or $1.16 per share, a year earlier. Analysts on average had expected first-quarter profit of $1.23 per share, and revenue of...

  • OMAHA, Neb.— Union Pacific's first-quarter profit climbed 9 percent as the railroad hauled 2 percent more freight, increased prices and worked to control costs. Union Pacific Corp. is forecasting that shipping volume will continue to grow at a low single-digit rate this year. Union Pacific's quarterly profit beat the $1.23 per share that analysts surveyed by...

  • LINCOLN, Neb.— A judge could rule soon on whether to let four Nebraska stores near a South Dakota Indian reservation keep selling alcohol while they appeal a state regulator's decision not to renew their liquor licenses. The stores sell millions of cans of beer each year in Whiteclay, an unincorporated village about 360 miles northwest of Omaha, and are set to lose...

  • *Doubts over OPEC effectiveness despite Saudi comments. NEW YORK, April 26- Oil prices rebounded from early losses on Wednesday after U.S. government data showed a larger-than-expected falloff in crude inventories, which encouraged buying after several days of selling on worries that a global crude glut was persisting despite output cuts by producing...

  • *Doubts over OPEC effectiveness despite Saudi comments. NEW YORK, April 26- Oil prices rebounded from early losses on Wednesday after U.S. government data showed a larger-than-expected falloff in crude inventories, which encouraged buying after prices slid for several days on worries that a global crude glut was persisting despite cuts in output by...

  • NEW YORK, April 26- What makes couples want to split after decades of marriage? "They look at their spouses and say:' I have between 20 and 30 years left, and I don't want to spend it with you,'" says John Slowiaczek, a divorce lawyer in Omaha, Nebraska, who is president of the American Academy of Matrimonial Lawyers. Nevertheless, the number of so-called "gray divorces" of those...

  • OMAHA, Neb.— Norfolk Southern delivered a 12 percent increase in first-quarter profit as the railroad hauled 5 percent more coal, shipping containers of goods and other freight. Norfolk Southern Corp.' s results exceeded the $1.35 per share expected by the analysts surveyed by Zacks Investment Research. In the first quarter, Norfolk Southern said coal revenue...

  • 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...