BUSINESS DIGEST || Pact approved for Dunkin' Donuts in Liberty

Pact approved with Whitedonuts LLC

WARREN

Trumbull County commissioners and Liberty Township trustees approved an agreement with White-donuts LLC of Salem for a Community Reinvestment Area Agreement for the Dunkin Donuts restaurant it will build on Belmont Avenue in Liberty.

The commissioners approved the agreement Monday, and Liberty trustees approved it last Thursday.

Those same two bodies had earlier approved a 49 percent, 10-year tax exemption for the business.

Bob Evans Express to open at 2 malls

NEW ALBANY, Ohio

Bob Evans Farms Inc., in partnership with Warren-based food service company AVI Foodsystems Inc., announced plans to open two Bob Evans Express locations in shopping malls this year.

The fast-casual concept will open in food courts at Great Lakes Mall in Mentor, Ohio, and Millcreek Mall in Erie, Pa.

Officials applaud PUCO ruling

WASHINGTON

U.S. Sen. Sherrod Brown, D-Ohio, and U.S. Rep. Tim Ryan of Howland, D-13th, applauded a ruling by the Public Utilities Commission of Ohio for a “reasonable arrangement” that will reduce energy costs for the Warren Steel Holdings company and enable it to remain competitive.

The ruling follows Brown’s and Ryan’s efforts earlier this month to urge PUCO to take this action for the well-being of the Mahoning Valley and its workers.

In March 2014, Warren Steel Holdings suspended operations due in part to high energy costs.

The Vindicator’s broadcast news partner 21 WFMJ-TV reported the company will be up and running again Aug. 1.

Allegiant reports results for 2Q 2014

LAS VEGAS

Allegiant Travel Co. reported these financial results for the second quarter 2014: total operating revenue in millions: $290.5 and operating income in millions: $56.4.

Second-quarter revenue performance highlights include: 18th-consecutive quarter of year-over-year growth in total fare; same-store routes, operated in both the second quarter 2014 and 2013, generated a 5.8 percent increase in total revenue per available seat mile or TRASM; Florida TRASM remained flat despite 36 percent growth in capacity.

Brown touts ruling in Delphi case

WASHINGTON

U.S. Sen. Sherrod Brown, D-Ohio, applauded a district court ruling that directs the Pension Benefit Guaranty Corp. to release all documents the Delphi Salaried Retirees Association requests in its lawsuit to restore the full pensions of its members.

The ruling follows Brown’s efforts earlier this month to urge the Obama administration to expedite its review of association pensions.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .61, 24.75 —.06

Avalon Holdings,4.70—.03

Clear Channel, .61 22.35 —.21

Cortland Bancorp, 12.30.16

Farmers Nat., .127.65 0.00

First Energy, 2.20, 31.95.32

FirstMerit Corp., .64,18.14 —.09

First Niles Financial, .32,9.000.00

FNB Corp., .48,12.40.27

General Motors,37.41—.35

General Electric, .76,25.91—.11

Huntington Bank, .20, 9.86.02

JP Morgan Chase, 1.52,59.00.33

Key Corp, .22,13.58.03

LaFarge, 20.49 —.21

Macy’s, 1.00, 57.48.50

Parker Hannifin, 1.80, 123.29—.33

PNC, 1.76,XX.29

RTI Intl. Metals,83.97—.49

Simon Prop. Grp.,4.60,170.42—.91

Stoneridge 11.06 1.0

Talmer Bank, 13.98.01

United Community Fin. 4.09.04

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