BUSINESS digest

F.N.B dividends

PITTSBURGH

F.N.B Corp’s board of directors announced a quarterly cash dividend of $18.13 per share on the company’s nonmutual perpetual preferred stock, series E. The dividend will be payable to shareholders Aug. 15.

F.N.B. is a financial services company based out of Pittsburgh that operates in eight states, including Ohio.

Airlines’ stock falls

DALLAS

Shares of United Airlines’ parent tumbled Wednesday on the company’s weak forecast about revenue trends for the rest of the summer.

United said a revenue measure that often mirrors average fares would be flat in the third quarter after rising 2.1 percent from April through June. Delta Air Lines, United’s rival, gave a much more bullish prediction last week.

On a conference call, United executives blamed other factors including rising competition in key markets such as China.

In afternoon trading, United Continental Holdings Inc. shares were down $4.75, or 6 percent, to $74.15. Other U.S. airline stocks were little changed.

Sweet, or sour, deal

NEW YORK

President Trump praised a new sugar deal with Mexico. But U.S. food makers say it will result in Americans paying even more for sugar than they already are. The issue highlights U.S. policies that have long rankled the makers of candy, cakes and other foods containing sugar. The sugar industry says food makers are just trying to sweeten their profits, not pass on savings from lower sugar prices to consumers.

Quirky perks

NEW YORK

Small businesses are offering quirky and enviable perks — sabbaticals, massages, home maid service, bike maintenance, guitar lessons and even tattoos — to attract and keep the best workers. Some owners also provide the extras because they want staffers who are working a lot have a more rewarding environment.

Cigarette consolidation

RALEIGH, N.C.

The consolidation of Big Tobacco companies looking as much to nicotine replacements and e-cigarettes for revenues as traditional smokes continued with what will be the world’s largest publicly traded tobacco company. Shareholders approved British American Tobacco taking over Winston-Salem, North Carolina-based Reynolds American Inc. to form the world’s largest publicly traded tobacco company.

Added spice

LONDON

U.S. spice maker McCormick & Company has bought Reckitt Benckiser’s food business for $4.2 billion, in a deal it regards as a “perfect match” but that some investors think may be a bit too pricey. The Sparks, Maryland-based company fought off rival bidders to purchase the business that makes French’s mustard and Frank’s RedHot brands.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1236.510.08

Aqua America, .71 32.990.12

Avalon Holdings,2.390.03

Chemical Bank, .2748.860.24Community Health Sys. 9.24 0.02

Cortland Bancorp, .2817.860.00

Farmers Nat., .1614.50-0.05

First Energy, 1.44 30.860.41

Fifth/Third, .5225.75-0.07

FirstMerit Corp.,--

First Niles Financial, .1210.100.00

FNB Corp., .4814.120.02

General Motors, 1.5236.490.05

General Electric, .9226.990.10

Huntington Bank, .28 13.71-0.01

iHeartMedia Inc.,1.620.02

JP Morgan Chase, 1.9291.190.12

Key Corp, .3419.070.12

LaFarge, .34--

Macy’s, 1.51 22.990.31

Parker Hannifin, 2.52 166.741.48

PNC, 2.20126.380.81

Simon Prop. Grp., 6.60160.180.36

Stoneridge 16.020.33

United Comm. Fin., .12 8.840.18

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