Doctor opens new practice in Liberty

July 3, 2012 at 12:00a.m.

liberty

Dr. Alma Garcia-Smith recently celebrated the opening of her new practice, 4531 Belmont Ave., Suite 6, with an open house and ribbon-cutting ceremony.

The Youngstown/Warren Regional Chamber hosted the event. Dr. Garcia-Smith is taking new patients, and those who are interested can call her office at 330-759-5010 for information or to make an appointment.

Manufacturing shrinks in June

WASHINGTON

U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening.

Production and exports declined, and the number of new orders plunged, according to a monthly report released Monday by the Institute for Supply Management.

The slowdown comes as U.S. employers have scaled back hiring, consumers have turned more cautious, Europe faces a recession and manufacturing has slowed in big countries such as China.

“This is not good,” said Dan Greenhaus, chief economic strategist at BTIG, an institutional brokerage. Though the report “does not mean recession for the broader economy, it is still a terribly weak number.”

The trade group of purchasing managers said its index of manufacturing activity fell to 49.7.

From staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .66, 25.61 .66

Avalon Holdings,3.84.19

Clear Channel, .73 64.50 2.14

Cortland Bancorp, 10.00.00

Farmers Nat., .126.25 .02

First Energy, 2.20, 49.90.71

FirstMerit Corp., .64,16.63 .12

First Niles Financial, .32,8.10.01

First Place Fin., .66.04

FNB Corp., .48,11.13.26

General Motors,19.57—.15

General Electric, .68,20.49—.35

Motors Liquidation, .0422.00

Huntington Bank, .16, 6.4750.0750

JP Morgan Chase, 1.20,36.28.55

Key Corp, .20,7.72—.02

LaFarge, 10.97 .00

Macy’s, .80, 33.89 —.46

Parker Hannifin, 1.64, 75.69—1.19

PNC, 1.60,61.47.36

RTI Intl. Metals,22.74.11

Simon Prop. Grp.,4.00,158.022.36

Stoneridge 6.82 .01

United Community Fin. 3.26.28

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