Business

Local bank stocks see slight uptick this week

After gaining 54 cents in trading earlier this week, Cortland Bancorp gained another 39 cents Friday to close at $24.39 per share. First Niles Financial, which has been stagnant for nearly a month, gained a nickel to close at $9.80 per share.

Eastgate event casts light on Mahoning River

WARREN — Efforts to revitalize the Mahoning River will take center stage today when the Eastgate Regional Council of Governments, along with the Youngstown Warren Regional Chamber and the Western Reserve Port Authority, host a “Paddle the Mahoning River” event. The event will include ...

Local bank stocks stand pat

After gaining 54 cents in trading Wednesday, Cortland Bancorp held steady Thursday to close at $24 per share. First Niles Financial again held steady at $9.75 per share.

Area unemployment rates fall slightly

WARREN — Area unemployment rates for June dipped below where they were the same month last year. The unemployment rate in the statistical area comprising Trumbull and Mahoning counties was 6.3 percent in June compared to 6.5 last June, according to the Ohio Department of Job and Family ...

Local bank stocks unchanged Tuesday

After dropping 14 cents in trading Monday, Cortland Bancorp held steady Tuesday to close at $23.46 per share. First Niles Financial remained at $9.75 per share.

Local bank stocks mixed

After losing 5 cents per share on Friday, Cortland Bancorp dropped another 14 cents in trading Monday, closing the day at $23.46 per share. First Niles Financial remained at $9.75 per share. It has been unchanged for nearly a month.

Business briefs

• LOCAL EMPLOYERS RECEIVE STATE REBATES: The Ohio Bureau of Workers’ Compensation announced Valley employers will receive $39.8 million in rebates from the agency. The state said the rebates are attributable to its investments, decreasing claims and sound financial management. Employers in ...

Soy, almond drinks may need alternative names

NEW YORK — Soy and almond drinks that bill themselves as “milk” may need to consider alternative language after a top regulator suggested the agency may start cracking down on use of the term. The Food and Drug Administration signaled plans to start enforcing a federal standard that ...

Local bank stocks mixed

Cortland Bancorp lost a nickel in trading Friday to close at $23.60 per share. First Niles Financial held steady at $9.75 per share, where it has remained unchanged for nearly a month.

Surveys say a lot about real estate

In all of our lifetimes, it has been rather common to see survey crews along the roads or at large construction sites. Having surveys conducted to sell a home is even more common. So let’s look at a survey and surveyor, and what they do. Surveying, or using precise descriptions of bodies ...

Real estate transfers

Property transferred in Trumbull County July 12 -19 Bazetta Patricia Myers to Eric P. Curry, 3082 Ivy Hill Circle Unit D, $54,000 Christopher P. and Melanie B. Whitmore to Bank of New York Mellon Trust Company, Durst, $40,000 Deidri L. Vanalstine to Nataline K. Bryant, 3308 Trappers ...

Local bank stocks stagnant

After gaining a dime in trading Wednesday, Cortland Bancorp held steady in trading Thursday, closing at $23.65 per share. First Niles Financial also remained unchanged at $9.75 per share.

Company applies for injection well permit

HUBBARD TOWNSHIP — Canfield-based Bobcat Hubbard LLC has applied for a permit to drill a brine injection well just south of Hubbard Masury Road, according to Ohio Department of Natural Resources records. The proposed well is classified as a Class II injection well, which means its sole ...

Local bank stocks mixed

Cortland Bancorp gained a dime in trading Wednesday to close at $23.65 per share. First Niles Financial remained unchanged at $9.75 per share.

Covelli named head of state business group

WARREN — Sam Covelli, owner / CEO of Covelli Enterprises, was named Grand Commodore of The Association of Ohio Commodores during a June 29 event held at the Huntington Club at Ohio Stadium. The organization was founded in 1966 to assist the state in economic development efforts. Group ...

Business briefs

VOLPINI RECOGNIZES TOP AGENTS: The Real Volpini Group has recognized its top agents for June from the Howland office. Patty Helmick and Kim Griffin were the top listing agents, and Darlene Mink-Crouse and Char Finney were top sales agents. YOUNGSTOWN COMPANY ACQUIRES KRUMAN BROTHERS: ...

Consumers in crosshairs of new tariffs

WASHINGTON — Now consumers are in the cross-hairs. Americans could soon find themselves paying more for goods they might not have known were imported from China. It’s a potential consequence of a new round of tariffs the Trump administration is proposing to slap on Chinese imports as ...

Local bank stocks mixed in Friday’s trading

Cortland Bancorp continued its yo-yo trading Friday, losing a nickel to close at $23.50 per share to end the week. First Niles Financial remained unchanged at $9.75 per share.

Port Authority, Gateway deal proceeds

YOUNGSTOWN — The Northeast Ohio Development and Finance Authority, the economic development arm of the Western Reserve Port Authority, hopes to close on the purchase of the former Harshman building in downtown Youngstown by July 20. Representatives of the agency made that announcement at a ...

Port Authority renews director’s pact

WARREN — The Western Reserve Port Authority’s Board of Directors approved a new two-year contract for executive director John Moliterno at Wednesday’s meeting. Moliterno’s salary will remain the same at approximately $100,000 annually. The board will increase its share of the ...