Helping government

Helping government

youngstown

A coalition of business, nonprofit and public leaders from Northeast Ohio has engaged The Center for Government Research to help local and county governments throughout the region achieve greater efficiencies.

Under an initiative known as EfficientGovNetwork, volunteers will come together to share ideas and best practices for local government collaboration to set new goals and assess the needs of Northeast Ohio. Government in the Mahoning Valley likely will participate in the effort, according to a press release on the matter. CGR and its partners in the project are expected to complete their work sometime next spring.

Farmers’ dividend

canfield

Farmers National Banc Corp., the holding company of Farmers National Bank, on Tuesday declared a cash dividend of 3 cents per share. The common stock cash dividend will have a record date of Sept. 13 and is payable to shareholders Sept. 30.

Tensions sink stocks

NEW YORK

Fears of an escalating conflict in Syria rippled across financial markets Tuesday, sinking stocks, lifting gold and pushing the price of oil to the highest in a year and a half.

The increasing possibility of U.S. military strikes raised worries on Wall Street that energy trade in the region could be disrupted, raising fuel costs for consumers and business.

The Dow Jones industrial average fell 170.33 points, to 14,776.13, the lowest in two months. The Standard & Poor’s 500 index lost 26.30 points to 1,630.48, and the Nasdaq composite fell 79.05 points to 3,578.52.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .76, 31.41 —.12

Avalon Holdings,4.95—.01

Clear Channel, .61 26.62 —.23

Cortland Bancorp, 9.25.00

Farmers Nat., .126.10 —.10

First Energy, 2.20, 37.57—.26

FirstMerit Corp., .64,21.65 —.75

First Niles Financial, .32,6.62.00

First Place Fin., .0022.00

FNB Corp., .48,12.25—.42

General Motors,33.715—1.205

General Electric, .76,23.18—.43

Motors Liquidation, .0422.00

Huntington Bank, .20, 8.17—.28

JP Morgan Chase, 1.52,50.60—1.2

Key Corp, .22,11.64—.470

LaFarge, 15.46 —.50

Macy’s, 1.00, 43.46—.70

Parker Hannifin, 1.80, 100.57—1.93

PNC, 1.76,72.23—1.98

RTI Intl. Metals,31.41—.43

Simon Prop. Grp.,4.60,145.64—1.49

Stoneridge 12.80 —.15

United Community Fin. 4.00—.08

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