Deadline nears for trade show

Deadline nears for trade show

BOARDMAN

The deadline for the largest trade show between Pittsburgh and Cleveland, Youngstown/Warren Regional Chamber’s Business Showcase 2011, is quickly approaching.

The registration deadline is Friday for the event, which takes place from 10 a.m. to 4 p.m. next Thursday at Mr. Anthony’s, 7440 South Ave. Reservations can be made by calling Jennifer Mascardine at 330-747-2121, ext. 12, or by emailing jennifer@regionalchamber.com

The cost is $30 for nonchamber members and $20 for chamber members.

2 from area to ring bells on Wall Street

YOUNGSTOWN

John Gulas, president and CEO of Farmers National Banc Corp. and Youngstown native William Roth, co-chief financial officer of Maryland-based Two Harbors Investment Corp., will each appear on Wall Street today.

Roth will help ring the opening bell at the New York Stock Exchange. Gulas will ring the closing bell at the Nasdaq Stock Market to commemorate Farmers’ first day trading on the exchange.

Leaders discuss crisis in Greece

athens, greece

Greece is an “integral” part of the eurozone, the leaders of Greece, France and Germany said in an emergency teleconference Wednesday night that aimed to calm markets and temper talk of an imminent default by Greece.

German Chancellor Angela Merkel and French President Nicolas Sarkozy also stressed to Greek Prime Minister George Papandreou “that it is more indispensable than ever to fully implement the decisions adopted July 21” by the eurozone leaders “to ensure the stability of the eurozone.”

Moody’s downgrades 2 French banks

paris

Moody’s downgraded the credit ratings of French banks Societe Generale and Credit Agricole on Wednesday following a period of huge volatility in the markets as investors fretted about their exposure to Greece’s debts. Some sort of move by Moody’s had been widely expected this week since the agency had put them and rival BNP Paribas on review for downgrade in mid-June.

Report: BP ultimately responsible in spill

BP bears ultimate responsibility for the worst offshore oil spill in U.S. history, a key government panel said Wednesday in a report that assigns more blame to the company than other investigations and could hurt its effort to fend off criminal charges and billions of dollars in penalties.

The report concluded that BP violated federal regulations, ignored crucial warnings, was inattentive to safety and made bad decisions during the cementing of the well a mile beneath the Gulf of Mexico.

Eleven rig workers were killed in the April 2010 explosion, and some 200 million gallons of crude spewed from the bottom of the sea.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .62, 21.74 .52

Avalon Holdings,2.41.06

Clear Channel, .63 52.19 .00

Cortland Bancorp, 7.20.00

Farmers Nat., .12, 4.40 .23

First Energy, 2.20, 44.11.57

FirstMerit Corp., .64,12.19 .43

First Niles Financial, .32,7.35.00

First Place Fin., .84—.01

FNB Corp., .48,8.87.15

General Motors,22.18.18

General Electric, .60,15.79.38

Motors Liquidation, .0422.00

Huntington Bank, .04, 5.03.21

JP Morgan Chase, 1.00,32.80.31

Key Corp, .12,6.47.12

LaFarge, 8.77 .37

Macy’s, .40, 26.18.83

Parker Hannifin, 1.48, 69.351.66

PNC, 1.40,49.761.12

RTI Intl. Metals,25.54.77

Simon Prop. Grp.,3.20,116.50.15

Stoneridge 6.82 .42

United Community Fin. 1.07—.01

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