Business

Cortland Bancorp’s upward trend continues

After gaining $1.25 earlier this week, Cortland Bancorp added another 35 cents in trading Wednesday to close at $22.95 per share. First Niles Financial, which gained a quarter Tuesday, held steady to close at $8.75 per share.

Cortland Bancorp stock climbs

After gaining 72 cents in trading Monday, Cortland Bancorp added another 53 cents in trading Tuesday to close at $22.60 per share. First Niles Financial also gained, adding a quarter to its price to close at $8.75 per share.

Gas prices below NEO average

WARREN — The average price for gasoline in the Warren-Youngstown and Niles areas is pennies less than the northeast Ohio average, according to AAA East Central’s Gas Price Report. The Warren-Youngstown area has an average price of $2.64 per gallon and Niles, $2.61 per gallon, compared ...

Arconic releases financial results

WEATHERSFIELD — Arconic, which has a plant on Warren Avenue, reported Tuesday revenue of $3.5 billion, up 3 percent compared to the same first three months of 2018. Net income of $187 million, or 39 cents per share, in the first quarter of 2019, compared to $143 million or 29 cents per ...

Cortland Bancorp stock bounces back Monday

After losing more than $2 in trading last week, Cortland Bancorp started the week with a 72-cent gain, closing at $22.07 per share on Monday. First Niles Financial held steady to close again at $8.50 per share.

Business briefs

APOSTOLAKIS ‘TOP RATED’ HONDA DEALER: Apostolakis Honda in Bazetta was recently named a top-rated dealer by consumer car shopping website CarGurus. The annual awards are presented to a select group of car dealerships that have received the highest average ratings from shoppers who have ...

Couple keeps print shop successful by staying flexible

WARREN — A mix of the old and of the new — from a turn of the century letter press to a new digital press — is what Hal Mar Printing employs to stay relevant and meet customer needs. In addition to the early 1900s press that embosses, die cuts, perforates and scores, there are other ...

Cortland stock drops again

After losing $2.11 in trading Thursday, Cortland Bancorp lost another $1.23 in trading Friday to close at $21.35 per share. First Niles Financial held steady to close again at $8.50 per share.

Cortland Bancorp reports net income of $2.1M in first quarter

CORTLAND — Cortland Bancorp, the holding company for Cortland Bank, reported Wednesday a net income of $2.1 million, or 49 cents per share, for the first quarter of 2019. That’s a 37 percent increase over the $1.5 million, or 35 cents per share, for the first quarter of 2018. The return ...

Farmers releases earnings for first quarter 2019

CANFIELD — Farmers National Bancorp ended the first three months of 2019 with a net income of $8.4 million, or 30 cents per diluted share, which compares to $7.7 million or 28 cents per diluted share for the first quarter of 2018. The return on average assets and return on average equity ...

Home Savings announces income of $8.7M in first quarter

YOUNGSTOWN — United Community Financial Corp., the parent company of Home Savings Bank, announced net income of $8.7 million, or 17 cents per diluted share, for the first quarter of 2019 compared to 17 cents, or $8.6 million, for the same period in 2018. The company reported a return on ...

Cortland Bancorp rallies in trading Wednesday

After losing more than $2 per share on Tuesday, Cortland Bancorp stock rallied in trading Wednesday, gaining $1.98 per share to close at $24.69. First Niles Financial held steady to close again at $8.50 per share.

Mixed results for two local stocks

Cortland Bancorp stock took a nosedive Tuesday, losing $2.28 per share to close at $22.71. First Niles Financial held steady to close again at $8.50 per share.

Business briefs

COURTYARD CANFIELD GETS AWARD: The Courtyard by Marriott Youngstown-Canfield was honored by Marriott International with three awards for superior performance, including the prestigious Diamond Circle Award. Diamond Circle, given to seven of 1,071 Courtyard properties in the world this year, ...

Drones, sonar deployed against floods

MEMPHIS, Tenn. — An arsenal of new technology is being put to the test fighting floods this year as rivers inundate towns and farm fields across the central United States. Drones, supercomputers and sonar that scans deep under water are helping to maintain flood control projects and predict ...

Cortland Bancorp surges in trading on Wednesday

Cortland Bancorp, which lost $1.88 in trading Wednesday, gained nearly all of it back in trading Thursday, closing at $24.85, which is a $1.74 increase. First Niles Financial, which has held steady at $9 for the past 18 days, lost 50 cents in trading Thursday to close at $8.50 per share.

Auto sales trend upward in first quarter of 2019

WARREN — Automobile dealers in the Mahoning Valley continued an upward sales trend three months into 2019 compared to the first quarter of last year. There were 24,159 new and used vehicles sold in January, February and March at dealerships in Trumbull, Mahoning and Columbiana counties. ...

Youngstown call center hiring 300 more employees

YOUNGSTOWN — VXI Global Solutions, a call center in downtown Youngstown, is looking to add 300 new employees. The need was created by the addition of a new line of business this year for a large food delivery service company and the expansion of two existing accounts, according to the ...