Post-office meeting

Post-office meeting

BOARDMAN

Leadership from the Youngstown post office will meet today with supervisors from the U.S. Postal Service at the Holiday Inn, 7410 South Ave.

David Van Allen, USPS spokesman, categorized the meeting as a general internal session that allows local officials to not have to travel to Cleveland.

Giant Eagle hiring

Giant Eagle is conducting a hiring event for 40 open cashier and grocery clerk positions for area supermarkets at these local stores: Giant Eagle, 5220 Mahoning Ave., Austintown; Community Center Giant Eagle, 1201 Doral Drive, Boardman; and Howland Giant Eagle, 8208 E. Market St.

Brown to tour plant

Warren

U.S. Sen. Sherrod Brown, D-Ohio, will visit the Warren Steel Holdings, 4000 Mahoning Ave., to tour the plant and meet with workers at 10 a.m. Monday. He also will outline efforts to boost domestically manufactured steel.

Coca-Cola to buy stake in Monster

ATLANTA

Coca-Cola is buying a 16.7 percent stake in Monster Beverage for $2.15 billion, with the world’s biggest soda maker hoping to benefit from the surging popularity of energy drinks.

The Atlanta-based company said it also will place two directors on Monster’s board as part of the deal.

Analysts had suggested for some time that Coca-Cola might acquire Monster at a time when its flagship soda business is flagging in developed markets such as the United States.

Monster Beverage Corp., meanwhile, has cultivated a loyal fan base in part by focusing its marketing on skateboarding, snowboarding and other sports events.

When asked during a conference call with reporters whether Coca-Cola had pursued acquiring all of Monster, CEO Muhtar Kent said, “I wouldn’t want to comment on that.”

He noted the company has the option to increase its stake to 25 percent.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .61, 24.40 .15

Avalon Holdings,4.150.00

Clear Channel, .61 21.98 —.01

Cortland Bancorp, 12.50.14

Farmers Nat., .127.65 —.05

First Energy, 2.20, 32.98.26

FirstMerit Corp., .64,17.22 —.21

First Niles Financial, .32,9.000.00

FNB Corp., .48,11.94—.10

General Motors,33.81—.14

General Electric, .76,25.67—.21

Huntington Bank, .20, 9.63—.04

JP Morgan Chase, 1.52,56.76—.23

Key Corp, .22,13.22.08

LaFarge, 18.76 —.31

Macy’s, 1.00, 57.52—.32

Parker Hannifin, 1.80, 112.87—.65

PNC, 1.76,82.09—.16

RTI Intl. Metals,28.68—.04

Simon Prop. Grp.,4.60,168.68.43

Stoneridge 11.30 —.01

Talmer Bank, 13.94.19

United Community Fin. 4.40—.07

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