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Businesswire: Union Pacific 3Q profit drops 12% but volume surges

News

October 22nd, 2020 by Ric Hanson

(By JOSH FUNK AP Business Writer) – OMAHA, Neb. (AP) — Union Pacific’s third-quarter profit declined 12%, but the volume of shipments it handled surged as the economy rebounded from the worst of the virus-related shutdowns earlier this year. The railroad said it earned $1.36 billion, or $2.01 per share, during the quarter. That’s down from $1.56 billion, or $2.22 per share, a year ago. The results fell short of the $2.03 per share that analysts surveyed by Zacks Investment Research expected, on average. The railroad said volume was still down 4% in the quarter, but that represented a significant improvement over the second quarter when volume plunged 20%.

 

Local 24-Hour Rainfall Totals at 7:00 am on Thursday, October 22, 2020

Ag/Outdoor, Weather

October 22nd, 2020 by Jim Field

  • KJAN, Atlantic  .03″
  • 7 miles NNE of Atlantic  .11″
  • Massena  .18″
  • Anita  .03″
  • Audubon  .17″
  • Oakland  .05″
  • Corning  .14″
  • Neola  .1″
  • Manning  .06″
  • Red Oak  .09″

 

Heartbeat Today 10-22-2020

Heartbeat Today, Podcasts

October 22nd, 2020 by Jim Field

Jim Field visits with Jacque Wickey about the Atlantic BPW Craft Show this Saturday at the Cass County Community Center.

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(Podcast) KJAN Morning Sports report, 10/22/20

Podcasts, Sports

October 22nd, 2020 by Ric Hanson

The 7:20-a.m. Sportscast with Jim Field.

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Creston man arrested on three charges

News

October 22nd, 2020 by Ric Hanson

Police in Creston have arrested a man on a trio of charges. 27-year old Dustin Michael Boyd, of Creston, was arrested a little after 9-p.m. Wednesday at a residence in the 300 block of W. Adams Street. He faces charges that include Public Intoxication, Assault on a Peace Officer (without injury), and Disorderly Conduct. Boyd was being held in the Union County Jail on a $1,600 cash or surety bond.

Creston Police said also, a man residing in the 800 block of W. Adams Street reported two tires on his car were slashed, while the vehicle was parked in the alley behind his residence. The loss was estimated at $100. And, a man residing in the 400 block of S. Division Street in Creston, reported to police the back window of his car was broken out, while the vehicle was parked at his residence. The loss was estimated at $200.

Business Wire: Coca-Cola recovery continues as it grows leaner in pandemic

News

October 22nd, 2020 by Ric Hanson

(By DEE-ANN DURBIN AP Business Writer) – The Coca-Cola Co. said it saw gradual improvement in the third quarter, as it turned its focus to emerging leaner from the global pandemic. Atlanta-based Coke said its revenue fell 9% to $8.7 billion. That was well ahead of Wall Street’s forecast of $8.4 billion, according to analysts polled by FactSet. It was also better than the 28% drop in revenue the company saw in the second quarter.

FILE- In this Aug. 8, 2018, file photo bottles of Coca-Cola sit on a shelf in a market in Pittsburgh. The Coca-Cola Co. said on Thursday, Oct. 22, 2020, it saw gradual improvement in the third quarter, as it turned its focus to emerging leaner from the global pandemic. Atlanta-based Coke said its revenue fell 9% to $8.7 billion. (AP Photo/Gene J. Puskar, File)

Coke Chairman and CEO James Quincey said the company has accelerated a planned reorganization that will put more emphasis on fast-growing brands. Coke is retiring several underperforming products by the end of this year, including Tab diet soda.

 

(Podcast) KJAN Morning News & Funeral report, 10/22/20

News, Podcasts

October 22nd, 2020 by Ric Hanson

The area’s latest and/or top news stories at 7:05-a.m. From KJAN News Director Ric Hanson.

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Accident on I-80 in Cass County Thursday morning

News

October 22nd, 2020 by Ric Hanson

Interstate 80 is blocked this at the 63 mile marker westbound in Cass County, due to an accident involving a semi and a car. The incident took place in the construction zone. The driver of the semi reportedly hit his head on the steering wheel and requested to be checked out. The other vehicle was in the median. Cass EMS, Anita Rescue and Wiota Fire were dispatched to the scene at 6:49-a.m.

No other details were immediately available.

Hawkeye players preview Purdue

Sports

October 22nd, 2020 by Ric Hanson

(Radio Iowa) — Iowa quarterback Spencer Petras says preparation will help him overcome the jitters in his first collegiate start. The Hawkeyes open on Saturday at Purdue.

Petras is not sure what they will see from the Purdue defense. It will be former Hawkeye player Bob Diaco’s first game as Boilermaker defensive coordinator.

It will be an unusual setting with no fans there.

Senior linebacker Nick Niemann says the defense will use some five and six defensive back looks against the Purdue passing attack. Niemann says the Hawkeyes need to find a way to disrupt the timing of the Purdue offense.

With Tristan Wirfs leaving early for the NFL Indiana grad transfer Coy Cronk makes the start at right tackle. His Iowa debut will be in his hometown.

Cyclone players preview Oklahoma State

Sports

October 22nd, 2020 by Ric Hanson

(Radio Iowa) – Two of the top running games in the Big-12 collide on Saturday when 17th ranked Iowa State visits number six Oklahoma State. The Cyclones have averaged 180 yards on the ground in a 3-1 start while the Cowboys have posted a league best 213 yards on the ground in a 3-0 start. Iowa State free safety Lawrence White says sound tackling will be crucial this week.

White is concerned about the big play ability of Cowboys running back Chuba Hubbard.

Iowa State has won three straight but White says the mindset has not changed.

Junior center Colin Newell says despite some injuries the offensive line continues to make strides.

Known as a league with a lot of passing and not much defense, Iowa State and Oklahoma State are in contention in the Big-12 because of the run game and solid defense.

Two years ago Purdy made his debut in a Cyclone 48-42 win in Stillwater. Purdy says this is a much better Oklahoma State defense.