BUSINESS DIGEST ||


Community Health reaches deal to sell 4 of its hospitals

YOUNGSTOWN

The parent company of ValleyCare Health System of Ohio announced that it has reached an agreement to sell four of its hospitals.

Franklin, Tenn.-based Community Health Systems Inc. reached an agreement for the sale of four hospitals and assets of Curae Health Inc. Facilities included in the transaction are 95-bed Merit Health Gilmore Memorial in Amory, Miss., 112-bed Merit Health Batesville in Batesville, Miss., 181-bed Merit Health Northwest Mississippi in Clarksdale, Miss., and 126-bed Highlands Regional Medical Center in Sebring, Fla.

The company previously announced plans to reduce and refine its overall portfolio with proceeds being used to pay down debt.

In total, the company says it plans to divest in 12 hospitals.

Covelli Enterprises to host Go Pink Day

WARREN

For breast-cancer awareness month, Warren-based Covelli Enterprises, a major franchise operator of Panera Bread, will host its annual Go Pink Day on Monday.

On that day, all seven Mahoning Valley Panera Bread bakery-cafes will donate 100 percent of the proceeds from all Pink Ribbon Bagel sales to the Joanie Abdu Comprehensive Breast Care Center.

Throughout the rest of October, Panera Bread cafes will continue to donate a portion of the proceeds from each Pink Ribbon Bagel sold to the center in support of Joanie’s Promise Fund, which helps keep the life-saving services of the center accessible to all.

‘Pretty Little Liars’ star to meet fans at Eastwood Mall

NILES

Tammin Sursok, one of the stars of “Pretty Little Liars” on the Freeform network, will visit Eastwood Mall, 5555 Youngstown-Warren Road, on Oct. 8 to meet her fans and champion the fight against childhood bullying.

She will sign autographs and pose for pictures in Center Court from 1 to 4 p.m.

Volvo recalls 127K vehicles

DETROIT

Volvo is recalling about 127,000 cars and SUVs worldwide because the air conditioning can leak water into the vehicles and cause air bags to malfunction.

The recall covers 2016 and 2017 XC90 SUVs, S90 sedans and V90 wagons. Volvo says in documents filed with U.S. safety regulators that a drain hose may have been installed incorrectly at the factory.

The moisture may stop the air bags from deploying in a crash and may affect the engine management system. Volvo discovered the problem after getting reports from the field.

The company says it has no reports of injuries or air bags that didn’t inflate due to the problem. Fewer than 1 percent of the vehicles are expected to need repairs, but Volvo says it wants to inspect them all. Drivers will see a dashboard warning light if there’s a problem, the company said.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .129.960.08

Aqua America, .71 30.89-0.42

Avalon Holdings,2.75-0.10

Cortland Bancorp, .2815.610.00

Farmers Nat., .1610.50-0.18

First Energy, 1.44 33.17-0.37

Fifth/Third, .5220.24-0.30

FirstMerit Corp.,21.610.37

First Niles Financial, .1210.500.00

FNB Corp., .4812.13-0.20

General Motors, 1.5231.48-0.42

General Electric, .9229.53-0.37

Huntington Bank, .28 9.71-0.21

iHeartMedia Inc.,1.470.00

JP Morgan Chase, 1.9265.65-1.06

Key Corp, .3412.05-0.19LaFarge, .3417.570.00

Macy’s, 1.51 36.05-0.05

Parker Hannifin, 2.52 123.99-0.79PNC, 2.2088.99-0.42

Simon Prop. Grp., 6.60207.58-5.03

Stoneridge 18.11-0.43

Talmer Bank, 23.34-0.36

United Comm. Fin., .12 7.11-0.17

Selected prices from Thursday’s 4 p.m. close.