Manufacturing is topic of discussion

Manufacturing is topic of discussion

youngstown

The Ohio Aerospace Institute is hosting a discussion Wednesday on partnerships and Small Business Innovation Research opportunities in advanced manufacturing at the Youngstown Business Incubator at 241 W. Federal St.

The morning session features insight from industry, universities and nonprofit organizations on the importance of advanced manufacturing, particularly additive manufacturing and how partnerships can drive innovation in the region.

The afternoon session features an innovation research-proposal preparation seminar.

Registration is $25 and covers both the morning and afternoon programs, which start at 8:30 a.m. and 1 p.m. For information or to register, go to https://web1.oai.org/SBIR-2012-10.nsf.

Ribbon-cutting for Queen Nails

boardman

Queen Nails is having a ribbon-cutting to celebrate it relocation to 7385 Market St. in Boardman at 10 a.m. Wednesday.

Ribbon-cutting for John’s Boot and Shoe

boardman

John’s Boot and Shoe Repair is having a ribbon-cutting for the relocation of the business to 6223 Market St. at 10:30 a.m. Wednesday.

Team NEO report

cleveland

Team NEO has reported its economic development report for the third quarter of 2012.

For the quarter, the organization reports 37 attraction, expansion and retention successes that include 11,562 jobs. Team NEO also reported that its efforts have led to $361 million in new capital investment in the region.

Team NEO serves an 18-county area in Northeast Ohio including Mahoning, Trumbull and Columbiana counties.

Dow falls more than 200 points

NEW YORK

Poor corporate earnings reports pounded the stock market Friday in a sour end to an otherwise strong week of trading. The Dow Jones industrial average fell more than 200 points for its worst day in four months.

Disappointing results from three giants of the Dow — Microsoft, General Electric and McDonald’s — were partly to blame. The Standard & Poor’s 500 index fared even worse, as widespread worries about companies’ ability to keep churning out better profits drove the broader market down.

US home sales dip 1.7 percent

WASHINGTON

U.S. sales of previously occupied homes fell in September after hitting a two-year high in August, in part because there were fewer homes available for sale.

The National Association of Realtors said Friday that sales dipped 1.7 percent to a seasonally adjusted annual rate of 4.75 million. That’s down from a rate of 4.83 million in August, which was the highest in more than two years.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .66, 25.24 —.44

Avalon Holdings,4.11.00

Clear Channel, .73 70.68 .10

Cortland Bancorp, 9.60.00

Farmers Nat., .126.09 —.39

First Energy, 2.20, 45.98—.30

FirstMerit Corp., .64,14.12 —.07

First Niles Financial, .32,6.70.00

First Place Fin., .76.00

FNB Corp., .48,10.60—.17

General Motors,24.610001—.95

General Electric, .68,22.03—.78

Motors Liquidation, .0422.00

Huntington Bank, .16, 6.45—.16

JP Morgan Chase, 1.20,42.32—.69

Key Corp, .20,8.74—.04

LaFarge, 14.75 .03

Macy’s, .80, 39.99—.47

Parker Hannifin, 1.64, 78.50—6.57

PNC, 1.60,59.42—.42

RTI Intl. Metals,23.7199—.03

Simon Prop. Grp.,4.20,153.54—1.26

Stoneridge 4.75 —.05

United Community Fin. 3.74—.08

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.