Local News

Friday, April 18, 2014

CANFIELD, Ohio -- Local students have dedicated more than 5,640 hours this year to the Farmers National Bank Financial Scholars Program using the EverFi-Financial Literacy learning course, the bank reports. It's the third consecutive year that Farmers has sponsored students’ access to this web-based program, which uses new media technology -- simulations, avatars, gaming and adaptive pathing -- to explain complex financial concepts. EverFi Inc. is an education technology company focused on teaching, assessing and certifying K-12 and college students in critical life...

Friday, April 18, 2014

CHICAGO -- Don't skimp on soft skills when you write your resume. Fully 77% of employers believe those skills are just as important as hard skills and 16% say they're more important when they evaluate candidates for a job, a survey by CareerBuilder finds. "Soft skills" are those intangible attributes associated with personality, such as a positive attitude, while "hard skills" are those learned to perform a specific job function and can be measured, such as operating a computer program. "When companies are assessing job candidates, they're looking for the best of...

Thursday, April 17, 2014

Author:  George Nelson YOUNGSTOWN, Ohio – Demolition underway or to begin in the coming months will leave two sites along the city’s key Market Street corridor -- the former General Electric and Wean United buildings -- prime for redevelopment and remove two eyesores at downtown's gateway. Deconstruction continues on the former General Electric plant at Market Street and Hughes Street. Constructed in 1909, the 172,000-square-foot plant building has been idled since the 1980s and used for storage by GE in recent years.   “...

Thursday, April 17, 2014

COLUMBUS, Ohio -- Huntington Bank has been ranked the No. 1 lender to small businesses by the U.S. Small Business Administration for the first half of the agency’s fiscal year, Oct. 1 to March 31, Huntington Bank announced Wednesday. The No. 1 ranking refers to the number of 7(a) loans outstanding Huntington has extended to small businesses, 1,805, all to enterprises in its Midwest footprint of six states. It ranks fourth in dollars lent, $230.1 million. In its first-quarter earnings release, issued Wednesday, Huntington reported it has $22.5 billion outstanding in...

Thursday, April 17, 2014

YOUNGSTOWN, Ohio -- XTO Energy Inc., a subsidiary of Exxon Mobil Corp., was awarded eight of the 12 new horizontal drilling permits issued by the Ohio Department of Natural Resources last week, the agency reports. XTO received eight new permits to drill wells in Belmont County, in the southern tier of the Utica shale. The wells are targeted for York and Mead townships, ODNR reports. Also, CNX Gas Co., a subsidiary of Consol Energy, Pittsburgh, received three permits to drill two wells in Monroe County and one in Noble County, also in the southern portion of the Utica...

Thursday, April 17, 2014

YOUNGSTOWN, Ohio -- Presley Gillespie, hired as the first executive director of Youngstown Neighborhood Development Corp. more than four years ago, will depart the organization in Mid-May to take the reins of a Pittsburgh organization. YNDC’s board of directors announced Wednesday that Gillespie, a former bank executive, is leaving YNDC to become president of Neighborhood Allies, a new community development intermediary in Pittsburgh. The mission of Neighborhood Allies is to support the people, organizations and partnerships committed to creating and maintaining...

Thursday, April 17, 2014

COLUMBUS, Ohio -- Ohio Democrats are touting a new poll showing Cuyahoga County Executive Ed FitzGerald in a dead heat with Gov. John Kasich, and state Sen. Nina Turner edging ahead of Secretary of State Jon Husted. The Public Policy Polling survey (CLICK HERE) showed Kasich, a Republican seeking election to a second four-year term, tied with FitzGerald at 44%, with 11% unsure who they would vote for. The same poll puts Turner at 45% to Husted’s 44%, with 12% not sure. In a statement about the results, the Ohio Democratic Party said it is “no coincidence” that the...

Thursday, April 17, 2014

PITTSBURGH -- PNC Financial Services Group Inc., parent of PNC Bank, Wednesday reported first-quarter net income of $1.060 billion, or $1.82 per diluted common share. This compares to fourth-quarter net income of $1.074 billion, or $1.87 per share, and first-quarter 2013 net income of $995 million, or $1.74 per share. Said William S. Demchak, president and CEO, “PNC had a successful first quarter -- our fourth straight quarter with net income of $1 billion or more. We grew both loans and deposits, and we lowered expenses even as we continue to make investments across...

Thursday, April 17, 2014

Author:  Dennis LaRue WARREN, Ohio -- The chairman, president and CEO of Huntington Bank, Steve Steinour, is not one for lip service. Quite the opposite. When Steinour talks about providing “great customer service,” he means it. “By no means are we perfect,” the CEO allows, but it’s something “we measure in every branch, every month.” Huntington surveys both its customers and employees on what they like and where they think the bank could improve.   While much of what he said in a recent interview could come across as platitudes or...

Thursday, April 17, 2014

COLUMBUS, Ohio -- Huntington Bancshares Inc., parent of Huntington National Bank, Wednesday reported first quarter net income of $149.1 million, or 17 cents a share. This compares to net income the preceding quarter of $158.2 million, or 18 cents a share, and first-quarter 2013 net income of $153.3 million, or 17 cents a share. Huntington also reported its board of directors declared a quarterly cash dividend of $21.25 on its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock. The directors also declared a quarterly cash dividend of $7.32 per share...

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