WORLD, BUSINESS DIGEST || Canduct purchases Boardman property

Canduct purchases Boardman property

BOARDMAN

Canduct Industries Ltd., an Ontario-based company that manufactures an array of products for power transformers, purchased property at 525 McClurg Road for $1.2 million. Piotr Blaslzczyk, the general manager of the Speciality Switch, a Canduct company based in Washingtonville that produces power transformers, said Specialty Switch will relocate to Boardman because it has outgrown its current location.

United Way’s 2014 campaign winner

LORDSTOWN

Michelle Bieber, a team member at the General Motors plant in Lordstown, was winner of United Way’s 2014 Mahoning and Trumbull County campaign giveaway, courtesy of Greenwood Chevrolet. She took home a prize of $15,000 cash.

F.N.B. earnings

PITTSBURGH

F.N.B. Corp. reported 2014 fourth-quarter earnings at $37.3 million, or $0.21 per common share, compared with $28.4 million, $0.18 per common share, for the fourth quarter of 2013.

Net income for the full year of 2014 totaled $135.7 million, or $0.80 per common share, compared with a net income of $117.8 million, or $0.80 per common share, in 2013.

Saudi Arabia’s King Abdullah dies

RIYADH, Saudi Arabia

Saudi Arabia’s King Abdullah, the powerful U.S. ally who fought against al-Qaida and sought to modernize the ultraconservative Muslim kingdom, including by nudging open greater opportunities for women, has died. He was 90.

More than his guarded and hidebound predecessors, Abdullah assertively threw his oil-rich nation’s weight behind trying to shape the Middle East. Saudi Arabia’s new king, Salman bin Abdul-Aziz Al Saud, is a veteran of the country’s top leadership, versed in diplomacy from nearly 50 years as the governor of the capital Riyadh and known as a mediator of disputes within the sprawling royal family.

CNN’s Cooper says he was mistaken on Muslim zones

NEW YORK

CNN has joined Fox News Channel in saying that it was mistaken to report in the wake of an attack on the French newspaper Charlie Hebdo that there were neighborhoods in Europe considered “no go” zones for non-Muslims.

Fox apologized over the weekend for on-air comments made by pundits, including one who described the English city of Birmingham as “totally Muslim.” In an interview with CNN’s Christiane Amanpour, Paris Mayor Anne Hidalgo threatened to sue Fox over comments made about her city.

On Monday, CNN’s Anderson Cooper aired a story on his program about what Fox had said. But The Washington Post subsequently pointed out the supposed “no go” zones were talked about on CNN the previous week — including on Cooper’s program.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .61, 27.520.13

Avalon Holdings,3.080.18

Clear Channel, .46 19.280.61

Cortland Bancorp, 15.700.13

Farmers Nat., .127.57-0.23

First Energy, 1.44, 40.81-0.49

Fifth/Third, .5217.900.37

FirstMerit Corp., .64,17.480.8

First Niles Financial, .32,9.400

FNB Corp., .48,12.540.65

General Motors, 1.2033.81-0.08

General Electric, .88,24.310.27

Huntington Bank, .20, 10.150.38

JP Morgan Chase, 1.60,57.531.64

Key Corp, .26,13.240.91

LaFarge, 17.480.16

Macy’s, 1.25, 65.461.26

Parker Hannifin, 1.92, 123.030.92

PNC, 1.92,87.042.26

RTI Intl. Metals,22.080.82

Simon Prop. Grp.,5.20,203.913.69

Stoneridge 12.16-0.11

Talmer Bank, 13.520.63

United Comm. Fin., .04 5.380.22

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