Recruitment event

Recruitment event

AUSTINTOWN

Rachel Wixey and Associates will have a recruitment event for the Austintown School District. The district is looking for qualified, interested candidates who want part-time, flexible positions in the areas of substitute aides, bus drivers and cleaners.

The job fair will be in the Fitch High School cafeteria, 4560 Falcon Drive, from 2:45 to 5 p.m. today.

Ribbon-cutting for tanning salon

NILES

The Youngstown/Warren Regional Chamber and Ernie and Renee Van Horn, owners of 50 Shades of Tan LLC, will host a ceremonial ribbon-cutting for the new tanning salon, located at 815 Youngstown-Warren Road, Suite 12.

50 Shades of Tan LLC opened in the Niles Park Plaza on Oct. 10 and has eight beds that include facial and arm tanners and one stand-up bed with facial tanners. They also have a red-light therapy bed. All beds are 2015 models.

Hours are 7 a.m. to 10 p.m. Monday through Sunday.

Profits rise for Cortland Bancorp

CORTLAND

Cortland Bancorp, the holding company for Cortland Savings and Banking Co., reported that profits increased 55 percent to $955,000, or $0.21 per share, for the third quarter of 2014, from $617,000, or $0.14 per share, for the third quarter a year ago.

Cortland Bancorp also announced that its board declared a quarterly cash dividend of $0.05 per share. The dividend will be payable Nov. 28 to shareholders of record as of the close of business Nov. 12.

Pace of US factory activity picks up

WASHINGTON

U.S. factories were busier in October, a sign that manufacturing is on sound footing despite growing concerns about the global economy.

Orders, productivity and hiring all grew faster than they did in September, according to a private survey.

The Institute for Supply Management, a trade group of purchasing managers, reported Monday that its manufacturing index rebounded to 59 last month from 56.6 in September. Any reading above 50 signals expansion.

The result matches a three-year high hit in August and reverses a September drop.

US construction spending down for second month

WASHINGTON

U.S. construction spending fell for a second-straight month in September as a slight rebound in housing was offset by further declines in nonresidential building and in government projects.

Construction spending dropped 0.4 percent in September compared with August when spending fell 0.5 percent, the Commerce Department reported Monday. After four straight monthly declines, housing construction edged up 0.4 percent in September, but nonresidential building fell 0.6 percent with weakness in construction of hospitals, power plants and factories.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .61, 26.26 .06

Avalon Holdings,3.51.00

Clear Channel, .46 21.42 .11

Cortland Bancorp, 15.50.30

Farmers Nat., .128.11 .01

First Energy, 1.44, 37.45.11

Fifth/Third, .5219.96—.03

FirstMerit Corp., .64,18.16 —.19

First Niles Financial, .32,9.25.00

FNB Corp., .48,12.75—.04

General Motors, 1.2031.18—.22

General Electric, .88,25.70—.11

Huntington Bank, .20, 9.86—.05

JP Morgan Chase, 1.60,60.88.40

Key Corp, .26,13.22.02

LaFarge, 16.83 —.62

Macy’s, 1.25, 57.25—.57

Parker Hannifin, 1.92, 126.77—.26

PNC, 1.92,86.54.15

RTI Intl. Metals,23.57.02

Simon Prop. Grp.,5.20,182.423.21

Stoneridge 13.00 .01

Talmer Bank, 14.30.32

United Comm. Fin., .04 5.14.02

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