Home Savings hosts school-supply drive


August 18, 2010 at 12:00a.m.

Home Savings hosts school-supply drive

youngstown

The Home Savings & Loan Co.’s Kirk Road branch is hosting a school-supply drive to benefit Woodside Elementary until Sept. 4. The bank will be collecting folders, notebooks, pencils, erasers, scissors, crayons, dry-erase markers, highlighters, Elmer’s glue and glue sticks, hand sanitizer, tissues, Clorox wipes and Ziploc bags.

Donations can be taken to the bank, 4259 Kirk Road, during business hours. For information, call 330-793-3961.

First Niles Financial announces dividend

Niles

First Niles Financial, the parent company of Home Federal Savings and Loan Association of Niles, has announced a cash dividend of 8 cents per share on common stock and 9 cents per share on preferred class A stock for the quarter ending June 30, 2010. The dividend will be payable Sept. 17 to shareholders of record Sept. 3.

The company announced Tuesday that it intends to repurchase up to 10 percent of outstanding preferred class A shares. The shares will be purchased in privately negotiated transactions within the next year.

NorTech enterprise releases request

cleveland

NorTech Energy Enterprise, an advanced energy initiative of the regional economic development organization NorTech, has released a Request for Proposals for a consultant to help develop strategies to identify the strengths and opportunities in Northeast Ohio’s advanced-energy industry. The firm would help the initiative solicit input from regional partners and develop strategic “road maps” for the energy storage, electric transportation, smart grid and biomass sectors. The strategies would be used to develop a regional action plan for economic growth in the industry.

Interested companies interested may download all necessary information at www.nortechenergy.org/projects. For information, call Ashley Paessun at 216- 363-6896 or e-mail apaessun@nortech.org.

GM issues a recall over seat belts

washington

General Motors Co. is recalling nearly 250,000 crossover vehicles worldwide to inspect second-row seat belts that could be damaged and not latch.

GM said Tuesday the recall affects 2009-2010 models of the Chevrolet Traverse, Buick Enclave, GMC Acadia and Saturn Outlook. Most of the recalled vehicles are in the U.S.

GM said the seat-belt buckle could be damaged when the seat back is returned to an upright position. That could make the buckle appear to latch when it isn’t.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .58, 19.52 .25

Avalon Holdings,2.72—.14

Clear Channel, 1.75 54.91 .72

Cortland Bancorp, 5.250.00

Delphi Automotive, .02 0.00

Farmers Nat., .12, 4.00 .10

First Energy, $2.20, 37.06.57

FirstMerit Corp., .64,18.22 .21

First Niles Financial,7.500.00

First Place Fin., 3.72—.04

FNB Corp., .48,8.26.27

General Electric, .40,15.58.12

Motors Liquidation, .55—.03

Huntington Bank, .04, 5.51—.04

JP Morgan Chase, .20,37.48—.21

Key Corp, .04,7.85.06

LaFarge, 12.52 .27

Macy’s, .20, 20.51.37

Parker Hannifin, 1.04, 65.512.11

PNC, .40,55.42—.22

22RTI Intl. Metals,29.031.13

Rural/Metro, 7.96 .46

Simon Prop. Grp.,$2.40,91.712.31

Stoneridge 9.47 .33

Torent Inc., NA NA

United Community Fin. 1.40.03

Selected prices at 4 p.m. Tuesday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.