Humility of Mary saved $1.7M in 2010

Humility of Mary saved $1.7M in 2010

YOUNGSTOWN

Humility of Mary Health Partners announced Friday that it saved more than $1.7 million in 2010 by reducing overtime expenses.

The company said it thinks it will save additional money this year through new overtime policies.

Consumers Bancorp declares dividend

Minerva

Consumers Bancorp, Inc. declared a quarterly dividend on the outstanding shares of common stock at $0.11 per share Wednesday.

The dividend is payable June 13 to stockholders of record at the close of business May 23.

The fourth-quarter dividend for fiscal year 2011 is an increase of $0.01, or 10 percent, over the per share amount paid for the same period the previous year.

Patent Board names GM No. 1 innovator

DETROIT

General Motors Co. was named the No. 1 innovator on The Patent Board’s quarterly list of automotive and transportation industries.

It’s the second-straight time GM has earned the top honor.

The Patent Board analyzes intellectual-property performance across 17 industries, determining the leader in each sector based on number of patents, impact on the industry and technology and science strength.

New Prius may not arrive for a year

TOKYO

Some buyers will have to wait until April next year for deliveries of the latest Toyota Prius because of shortages of a new battery that’s adding to production delays from the March earthquake and tsunami in Japan.

The launch Friday of the more spacious “Prius a,” or “Prius alpha,” a revamp of Toyota’s popular gasoline-electric hybrid, initially had been set for April.

But the March 11 magnitude-9.0 earthquake in northeastern Japan destroyed key parts suppliers and forced a delay.

The parts shortage has disrupted production at Toyota’s Japanese plants, and the automaker has said production won’t be completely back to pre-disaster levels until late this year.

The battery shortage was an issue even before the earthquake.

From staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .62, 22.83 —.26

Avalon Holdings,2.8135.00

Clear Channel, .63 60.90 —.16

Cortland Bancorp, 7.20.30

Farmers Nat., .12, 4.88 .00

First Energy, 2.20, 42.53—1.03

FirstMerit Corp., .64,16.83 —.31

First Niles Financial, .32,7.35.00

First Place Fin., 1.8575—.07

FNB Corp., .48,10.75—.33

General Motors,31.07—.35

General Electric, .60,19.89—.25

Motors Liquidation, .0422.00

Huntington Bank, .04, 6.58—.07

JP Morgan Chase, 1.00,43.15—.94

Key Corp, .04,8.27—.26

LaFarge, 16.71 .11

Macy’s, .20, 28.46—.16

Parker Hannifin, 1.48, 87.50—1.03

PNC, 1.40,61.80—1.39

RTI Intl. Metals,37.88—.12

Rural/Metro, 17.07 —.02

Simon Prop. Grp.,3.20,115.27—.88

Stoneridge 13.84 —.45

United Community Fin. 1.3799.04

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