Business

Local bank stocks hold steady

Cortland Bancorp held steady in trading Monday at $19.50 per share. First Niles Financial also remained unchanged Monday to close at $7.75 per share.

Business briefs

PENN OK’S SHARE REPURCHASE PROGRAM: The board of directors at Pennsylvania-based Penn National Gaming, which operates Hollywood Gaming at Mahoning Valley Race Course in Austintown, approved a new $200 million share repurchase program. The new two-year authorization, which will expire Dec. 31, ...

Business grows downtown

WARREN — It was about three years ago when Swiss fine watchmaker Rolex announced to its dealers it wanted to fine-tune their customers’ experience — a move that ultimately resulted in Thomas Duma doubling-down on downtown Warren with his decision to expand Thom Duma Fine ...

Cortland Bancorp shares down to end week

Cortland Bancorp continued its up and down trading Friday, losing 60 cents to close at $19.50 per share. First Niles Financial remained unchanged in trading Friday to close at $7.75 per share for the sixth day in a row.

Wagering, revenue up at Austintown racino

AUSTINTOWN — Wagering on and revenue from video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course was up in December compared to last year, but the facility also had more machines available to play. The state Route 46 facility had $105.3 million credits played, up about ...

Revenue up to $837.4M in 2018 for Ohio casinos

WARREN — Revenue for Ohio’s four casinos was $837.4 million in 2018, up from $818.9 million the year before, according to the Ohio Casino Control Commission. Table games generated $268.3 million in revenue last year, compared $271.2 million in 2017. Slot machines saw an increase, ...

Cortland Bancorp has small gain in Thursday trading

Cortland Bancorp on Thursday gained back 10 cents of the quarter it lost in Wednesday trading to close at $20.10 per share. First Niles Financial remained unchanged in trading Thursday to close at $7.75 per share for the fifth day in a row.

Local bank stocks show mixed results Wednesday

Cortland Bancorp lost a quarter in trading Wednesday to close at $20 per share. First Niles Financial was unchanged, closing at $7.75 per share for the fourth day in a row.

Auto dealers see increase in year-over-year sales

WARREN — Area automobile dealers reported an increase in December sales compared to the same month in 2017, and they almost broke even in 2018 in year-over-year sales. There were 5,354 new and used vehicles sold last month, up from 5,247 in December 2017 at dealerships in Trumbull, Mahoning ...

Local gas prices down

WARREN — Although gas prices in northeast Ohio have inched up, the average cost of a regular gallon of gasoline in the Warren-Youngstown area is down 2 cents to $1.90. In Niles, the average price was $1.91 per gallon, up 10 cents from the previous week, according to AAA East Central’s Gas ...

Local bank stocks holding

Cortland Bancorp held steady in trading Tuesday to close at $20.25 per share. First Niles Financial also was unchanged, closing at $7.75 per share.

Business briefs

DOMINION RATES DOWN: Dominion Energy Ohio’s standard choice offer (SCO) and standard service offer (SSO), effective Jan. 16, will be $3.71 per thousand cubic feet (mcf). The new rates are 22.4 percent less than the December SCO and SSO rates of $4.78 per mcf. Year-over-year, however, the ...

Detecting depression

Rising suicide rates and depression in U.S. teens and young adults have prompted researchers to ask a provocative question: Could the same devices that some people blame for contributing to tech-age angst also be used to detect it? The idea has sparked a race to develop apps that warn of ...

Local bank stocks end week on high note in trading

After losing 50 cents in trading Thursday, Cortland Bancorp gained 30 cents back on Friday, closing at $20.75 per share. First Niles Financial also was up, gaining 26 cents in trading Friday to close at $7.75 per share.

Local bank stocks yield mixed results

After gaining 45 cents per share to start the new year, Cortland Bancorp lost 50 cents in trading Thursday, closing at $20.45 per share. First Niles Financial held steady at $7.49 per share.

Local bank stocks surge to start the new year

Local bank stocks surged in the first day of trading for 2019 on Wednesday, with Cortland Bancorp gaining 45 cents to close at $20.95 per share. First Niles Financial gained 49 cents a share to close at $7.49.

Local bank stocks nudge downward

Cortland Bancorp dropped slightly, by two cents, Monday, closing at $20.50 per share on New Year’s Eve. First Niles Financial held steady at $7 per share, heading into the new year. The stock market is closed today.

Local bank stocks stand pat heading into holiday

Cortland Bancorp halted its downward slide Friday, holding steady at $20.52 per share heading into the holiday weekend. First Niles Financial also held steady at $7 per share after losing 75 cents earlier this week.

Local bank stocks tumble in trading

Cortland Bancorp continued its downward slide this week, losing an additional 23 cents on Thursday to close at $20.52 per share. First Niles Financial lost the 15 cents it gained on Wednesday and an additional 60 cents to close at $7 per share.