REGION


REGION

Hermitage-based F.N.B. reports surplus of $4.6M

HERMITAGE, PA. — F.N.B. Corp. earned $4.6 million, or 4 cents a share, in the fourth quarter, compared with a net loss of $18.9 million, or 21 cents a share, in the fourth quarter of 2008.

Results from last quarter included $2.4 million in accounting charges for securities losses and $600,000 in litigation settlement costs. F.N.B. also increased its provision for loan losses to cover some losses in its Florida portfolio.

NATION

Talks continue on sale of GM’s Saab to Dutch

DETROIT — Dutch luxury car maker Spyker Cars NV is still in talks with General Motors Co. to buy its ailing Saab brand, but no deal has been reached, GM Chairman and CEO Ed Whitacre Jr. said Monday.

Whitacre said GM is in “advanced talks” with Spyker but continues to wind down Saab’s operations.

From Vindicator staff and wire reports