Delphi employees to vote on contract

Delphi employees to vote on contract

WARREN

Area Delphi Packard Electric employees will vote Sunday on a new contract.

International Union of Electrical Workers- Communications Workers of America Local 717, which has approximately 650 members, will cast ballots on a new five-year contract that includes pay raises, overtime pay and staves off worker premium payments.

Workers successfully retained profit sharing, overtime pay after eight hours and extra holidays.

Senior employees are eligible for $1,000 signing bonuses if the contract is ratified.

A union representative did not immediately respond to a request to comment Friday.

First Niles dividend

NILES

First Niles Financial Inc., the parent company of Home Federal Savings and Loan Association of Niles, announced Friday a cash dividend of 8 cents per share on common stock and 9 cents per share on preferred, class A stock for 2011’s fourth quarter.

The dividend will be payable to shareholders of record Dec. 2.

First Niles had $103.9 million in assets and $13.8 million in stockholder equity as of Sept. 30.

Exhibit space sold out for trade show

YOUNGSTOWN

Exhibit space is sold out for the Youngstown/ Warren Regional Chamber’s Youngstown Ohio Utica & Natural Gas 2011 Conference & Expo on Nov. 30, but space is still available for participation in the morning and evening sessions.

The daylong conference and expo, Ohio’s first Utica Shale trade show, is open to the public from 10 a.m. to 1 p.m. During that time, attendees may view all of the exhibits, learn about job opportunities and the science of hydrofracking.

The session is free, but registration is requested.

The afternoon session, including industry education sessions and networking, costs $50. The afternoon sessions are from 2 to 5 p.m.; a reception is from 5:30 to 7:30 p.m.

For more information, visit www.regionalchamber.com/young2011.

PM survives confidence vote

ATHENS, Greece

Greece’s prime minister has survived a confidence vote in parliament, calming a revolt in his Socialist party with a pledge to seek an interim government that would secure a vital new European debt deal.

Socialist lawmakers backed the embattled government of George Papandreou in the vote that ended early today. An AP count showed Papandreou won with 153 votes in the 300-member Parliament.

Papandreou’s government came under threat this week after his disastrous bid to have a referendum on a major new European debt agreement. The idea was swiftly scrapped Thursday after an angry response from markets and European leaders.

From staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .66, 22.33 0.06

Avalon Holdings,2.25 +0.01

Clear Channel, .65 54.42 —1.01

Cortland Bancorp, 7.00—0.40

Farmers Nat.4.30 0.00

First Energy, 2.20, 45.41—0.35

FirstMerit Corp., .64,13.96 —0.33

First Niles Financial, .32,7.250.00

First Place Fin., .7908—0.08

FNB Corp., .48,10.615—0.07

General Motors,23.57—0.46

General Electric, .60,16.35—0.32

Motors Liquidation, 0.04220.00

Huntington Bank, .16, 5.24—0.06

JP Morgan Chase, 1.00,33.895—0.49

Key Corp, .12,7.33—0.03

LaFarge, 10.09 —0.16

Macy’s, .40, 31.265—0.20

Parker Hannifin, 1.48, 84.21—0.22

PNC, 1.40,52.550.86

RTI Intl. Metals,28.02—0.15

Simon Prop. Grp.,3.20,128.52—0.88

Stoneridge 7.72 —0.28

United Community Fin. 1.150.00

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.