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Business

Area stocks show mixed results

Area financial stocks reported mixed results following Thursday's trading. First Niles Financial stood pat to close at $9 per share, while Cortland Bancorp gained 10 cents to close at $15.10 per share.

Court ruling opens GM to billions in claims

LORDSTOWN - A federal appeals court has decided that people injured in crashes caused by faulty General Motors Co. ignition switches can sue the company even if they were hurt before GM's 2009 bankruptcy filing.The ruling Wednesday by the 2nd U.S. Circuit Court of Appeals in Manhattan means ...

No change in local bank stocks

Area financial stocks remained unchanged following Wednesday's trading, with First Niles Financial closing at $9 per share and Cortland Bancorp closing at $15 per share.

Pia groundbreaking

Special to the Tribune ChroniclePittsburgh Institute of Aeronautics broke ground Tuesday for its new $1.54 million expansion at its Youngstown Campus building at the Youngstown-Warren Regional Airport in Vienna. The event marked the beginning of construction on the two-story facility at the ...

Alcoa reports second quarter earnings

WEATHERSFIELD - Metals maker Alcoa, which has a plant on Warren Avenue, reported net income of $135 million for this year's second quarter, or 9 cents per share.Year-over-year, second quarter 2016 results compare with net income of $140 million, or 10 cents per share.During its latest earnings ...

Louisville company buys Rt. 46 property

AUSTINTOWN - A Louisville company has purchased two large plots of property at the northern corner of Dunlap Road and state Route 46 not far from Hollywood Gaming at Mahoning Valley Race Course.Todd Pugh of Enviroscapes Leasing Ltd. confirmed in an email Tuesday his company's purchase and ...

Financial stocks stand pat

Tuesday's trading brought no changes to local bank stocks. First Niles Financial closed at $9 per share, while Cortland Bancorp closed at $15 per share.

Auto sales slow across the Valley in June

LORDSTOWN - The Mahoning Valley saw a drop in sales of new and used vehicles last month compared to the same time last year.Even so, the Lordstown-built Chevrolet Cruze steered its way to the top of the sales charts, ranking third-best seller for new vehicles and first for used models.Last ...

Gas prices continue their downward slide

WARREN - As of Monday, pump prices had fallen for 30 straight days - the longest streak since August / September of last year - and were at their lowest mark for this date since 2004, AAA reported.The national average price for regular unleaded gasoline was $2.23 a gallon, four cents a gallon ...

No change in local bank stocks

Local bank stocks stood where they ended last week following Monday's trading. First Niles Financial closed at $9 per share, while Cortland Bancorp closed at $15 per share.

Business briefs

REAL LIVING ANNOUNCES TOP AGENTS: Real Living Brokers Realty Group, which has offices in Trumbull and Mahoning counties, recognized its top listing and sales agents for June. Melissa Palmer was the top listing agent for units and volume; Mary Ann McCann was the top sales agent for units; and ...

Dominion rates up from 2015

WARREN - July rates for Dominion East Ohio's Standard Choice Offer / Standard Service Offer are 49.9 percent higher than they were in June and 2.6 percent higher than they were this time last year.Effective July 14, this month's rates are $2.867 per thousand cubic feet (mcf). The revised rates ...

Dominion rates up from 2015

WARREN - July rates for Dominion East Ohio's Standard Choice Offer / Standard Service Offer are 49.9 percent higher than they were in June and 2.6 percent higher than they were this time last year.Effective July 14, this month's rates are $2.867 per thousand cubic feet (mcf). The revised rates ...

Groundbreaking set for aeronautics school

VIENNA - Pittsburgh Institute of Aeronautics will break ground and begin construction of its new $1.54 million expansion Tuesday at its Youngstown Campus building at the Youngstown Warren Regional Airport.The groundbreaking marks the beginning of construction for a two-story facility at the ...

No change in local banks stocks

After gaining 25 cents in Tuesday's trading, First Niles Financial stood pat to close at $9 per share Wednesday. Cortland Bancorp also saw no change, closing at $15.45 per share in trading Wednesday.

Small businesses, big ideas

Bergen Giordani didn't expect it to be easy when she and her daughter, Morgen Reamer, started their business, One Hot Cookie, from scratch just over three years ago.But even more so, the mother-daughter business partners didn't bank on operating multiple locations before they hit their ...

Primanti Bros. opens at Eastwood Mall

NILES - Primanti Bros. is expanding its reach into Ohio with its new location at the Eastwood Mall.The eatery announced plans to start serving up its coleslaw - and french fry-packed sandwiches - today when it officially opens the doors at its second location in the Mahoning Valley and third in ...

Local bank stocks end the day with mixed results

After a steady decline that started last week and continued through trading on Monday, for a total loss of 90 cents, Cortland Bancorp regained 30 cents Tuesday to close at $14.90 a share, while First Niles Financial, after falling 40 cents, stood pat to close at $8.75 per share.

Business briefs

REAL LIVING BROKERS RECOGNIZES TOP AGENTS: Real Living Brokers Realty Group recognized Lynda Cononico as the top listing agent for units and volume. She also with Melissa Palmer as top sales agent for units. Palmer was also top Sales Agent for Volume.UNITED WAY OF TRUMBULL COUNTY RECOGNIZES ...

Destination: Avalon Inn

HOWLAND As the second phase of a three-part multi-million-dollar renovation of the Avalon Inn and Resort nears completion, the chairman and CEO of the company that owns the facility said his goal is to make it the most comfortable and affordable destination resort possible.Ron Klingle's Avalon ...