Business

Local bank stocks finish mixed in Thursday trading

Cortland Bancorp continued its yo-yo trading Thursday, gaining 14 cents of the 19 cents it lost Wednesday to close at $18.64 a share. First Niles Financial held steady for a third day to close at $9.67 a share.

Valley’s jobless rate dips in April

Tribune Chronicle WARREN — Despite slight increases in the area’s two largest cities, the Mahoning Valley saw an overall drop in its April unemployment rate compared to the same month last year. Last month, the jobless rate in the metropolitan area made up of Trumbull and Mahoning ...

Gasoline prices going up ahead of Memorial Day holiday weekend

WARREN — After weeks of consistent declines, gas prices rose Monday as consumers prepared to head into the Memorial Day weekend. A regular gallon of gasoline cost $2.25 in the Warren-Youngstown area, national auto club AAA reported. The price was up from $2.21 the prior Monday, but down ...

Farmers declares quarterly cash dividend

CANFIELD — Farmers National Banc Corp.’s board of directors declared a quarterly cash dividend of 5 cents per share, a 25 percent increase from the 2016 second quarter payment. The common stock cash dividend will have a record date of June 9 and is payable to shareholders June 30, ...

No change in local bank stocks

Local bank stocks stood pat in Tuesday’s trading. Cortland Bancorp, which gained 19 cents on Monday, was unchanged, closing at $18.69 per share. After losing 33 cents the prior day, First Niles Financial steadied at $9.67 per share.

Brookfield meeting set to oppose proposed wells

Tribune Chronicle BROOKFIELD — Frackfree America National Coalition has scheduled a meeting to oppose two proposed injection wells in the township at 7 p.m. today at the Wyngate Manor clubhouse, 1101 state Route 7 NE. The Ohio Department of Natural Resources is considering applications ...

AT&T workers back on job after 3-day strike

Tribune Chronicle NILES — Unionized AT&T employees who walked off their jobs last week in an effort to hasten contract talks with the company returned to work Monday as planned. Renee Rouser, a Communications Workers of America Local 4320 union representative, said negotiations ...

Arconic allows activist investor to add three members to board

Staff, wire reports NEW YORK — Elliott Management will add three members to the board at Arconic and one will have a say in naming the next CEO. Elliott owns more than 13 percent in Arconic Inc. and has pushed for management changes, complaining of underperformance at the New York-based ...

Local bank stocks end mixed Monday

Local bank stocks had mixed results following trading Monday. Cortland Bancorp gained 19 cents to close at $18.69 per share, while First Niles Financial fell 33 cents to close at $9.67 per share.

Business briefs

REAL LIVING BROKERS NAMES TOP AGENTS: Real Living Brokers Realty Group announced its top listing and sales agents for April. Ginny Bond was the top listing agent for units and volume. Melissa Palmer was the top listing agent for units and the top sales agent for units and volume. EVERETT ...

Trump administration declares apprentices a priority

Area union leaders and company heads, who know first hand the challenge of finding skilled workers to meet workforce demands, welcome U.S. Labor Secretary Alexander Acosta’s declaration to match American workers with specific jobs. Acosta is looking to increase apprenticeships across the ...

No change in local bank stocks

Local bank stocks were unchanged following trading Friday, with Cortland Bancorp closing at $18.50 per share and First Niles Financial standing at $10 per share.

Trumbull home sales up in April; Mahoning’s down

Tribune Chronicle WARREN — Trumbull County, for a second month in a row, saw a year-over-year increase in home sales in April with a 16.3 percent jump. There were 178 closed sales in the county in April, up from 153 the same month the prior year, according to the Warren Area Board of ...

Local bank stocks finish trading mixed Thursday

Tribune Chronicle After holding steady at $10.50 per share for several weeks, First Niles Financial lost 50 cents in trading Thursday to close at $10 a share. Cortland Bancorp remained stagnant at $18.50 a share. business@tribtoday.com

Apostolakis Honda gets award for excellence

Tribune Chronicle BAZETTA — Apostolakis Honda has earned the prestigious 2016 Council of Excellence award for the seventh time in its 41-year history. The dealership, at 3156 Elm Road, Bazetta, has distinguished itself and its financial and investment team as outstanding providers of ...

Senator, labor leaders say ‘stand up to China’

NILES — American steelworkers, when given a fair opportunity, have the ability to compete with their foreign counterparts, a state labor leader said Monday. Patrick Gallagher, sub-district director of United Steelworkers District 1, which covers northern Ohio, said China’s overcapacity ...

First Niles declares dividend

NILES — First Niles Financial Inc., the parent company of Home Federal Savings and Loan Association, announced a cash dividend of 4 cents per share on common stock and 5 cents per share on preferred class A stock for the second quarter of 2017. The dividend will be payable June 23 to ...

Local bank stocks mixed

Local bank stocks were mixed following trading Monday. Cortland Bancorp gained 35 cents to close at $18.75 per share, while First Niles Financial stood pat to close at $10.50 per share.

Anthony Niemi, who owns the Dairy Queen on Elm Road in Warren, tops off a cone with the signature ‘curl’ or what DQ employees call the ‘Q’ at the top. Niemi grew up working at the business his parents operated that this year marks 65 years.

Tribune Chronicle /         Virginia Shank

DQ marks 65 years on Elm Road

WARREN — Tony Niemi cannot count the number of soft-serve cones he has topped off with the signature DQ “curl.” He and his three siblings spent a lot of time growing up helping their parents, Edwin and Eileen Niemi, at the Elm Road business that this year marks its 65th anniversary. ...

Dominion shareholders add energy to monicker

Tribune Chronicle WARREN — Dominion East Ohio has changed its name to Dominion Energy Ohio. The move reflects results of a Wednesday shareholder vote transforming the name of the company’s corporate parent from Dominion Resources Inc. to Dominion Energy Inc. The Cleveland-based ...