Welcome to the Business Journal Archives
Search for articles below, or continue to the all new BusinessJournalDaily.com now.
Search
AK Steel Nets $165.4 Million for First Quarter
Wednesday, April 21, 2004MIDDLETOWN, Ohio -- AK Steel reports net income of $165.4 million, or $1.52 per share of common stock, for the first quarter of 2004. In the first quarter of 2003 the company reported a net loss of $40.8 million, or 38 cents per share of common stock.The latest quarterly results include the benefit of an after-tax gain of $174.9 million, or $1.61 per share of common stock, from the sale of Douglas Dynamics L.L.C. on March 31 for $264 million.
Hagan Seeks Curbs on Mercury Emissions
Wednesday, April 21, 2004COLUMBUS, Ohio -- State Sen. Bob Hagan, D-Youngstown, recently introduced legislation that would require the owner or operator of an Ohio-based coal fired power plant to curb mercury emissions by 90% by December 2005. The proposal is modeled after similar legislation passed in Connecticut last year.Hagan's proposal seeks to counter industry efforts at the federal level to postpone mercury reductions into the distant future. The current federal proposal being touted by the electric industry and the U.S.
"Tomorrow's Workers: Older, Heavier and Unable to Retire"
Tuesday, April 20, 2004"PHILADELPHIA -- Tomorrow's workers will be older, heavier and unable to retire, says Mark Marsters, senior vice president of Cigna Disability Management Solutions. Health care costs, the aging work force, and the economy are three of the main suspects that will conspire to shock the health and disability industry."Health care will continue to drive costs, a problem that will become even more urgent with the aging work force," he said at a recent conference in Orlando, Fla. "The aging work force will drive greater incidences of disability.
"North Lima, Lowellville Branch Libraries Closing"
Tuesday, April 20, 2004"YOUNGSTOWN, Ohio -- The Lowellville and North Lima branch libraries of the Public Library of Youngstown and Mahoning County system will close their doors at the end of April, officials reported today. The last day of service at the Lowellville branch will be April 28 and at the North Lima branch April 29.Notices of closings will be posted at these branches beginning today, and patrons are encouraged to use other libraries after those closing dates.
"Ryan Seeks $250,000 for 'Heritage Area' Study"
Tuesday, April 20, 2004"By Dan O'BrienYOUNGSTOWN -- U.S. Rep. Timothy Ryan, D-17th Ohio, wants northeast Ohio to learn more about and promote its past as part of an effort to inspire the region's leaders of tomorrow. That's the rationale behind The Western Reserve Study Act, a bill Ryan introduced last October and detailed for reporters at a press conference yesterday. The bill would secure $250,000 for a feasibility study geared toward designating the Connecticut Western Reserve a National Heritage Area.
"Faculty, Management Support is Greatest Challenge of Distance Learning"
Tuesday, April 20, 2004"BOSTON -- Obtaining management and faculty support is the greatest challenge in coordinating and conducting distance learning at their schools, say nearly 60% of senior university administrative officials.
First Quarter Net Income at F.N.B. Corp. Totals $16.2 Million
Tuesday, April 20, 2004HERMITAGE, Pa. -- F.N.B. Corp. reports first quarter 2004 net income of $16.2 million, or 34 cents per diluted share, for the first quarter of 2004.
Novocell Semiconductor to Expand, Add 35 Jobs in Hermitage"
Tuesday, April 20, 2004HERMITAGE, Pa. -- Novocell Semiconductor will expand its operation at a site within Linden Pointe Innovative Business Campus here, creating 35 jobs and retaining five, Gov. Edward G. Rendell announced during a visit here today.Novocell Semiconductor, headquartered in the Pittsburgh Digital Greenhouse, provides memory products to the semiconductor industry. The company's non-volatile memory technology increases the speed and efficiency of the chip design process, giving semiconductor designers the ability to develop cutting edge components.
ESB Financial Corp. Nets $2.4 Million
Tuesday, April 20, 2004ELLWOOD CITY, Pa. -- ESB Financial Corp., the parent company of ESB Bank, reports earnings of 23 cents per diluted share on net income of $2.4 million for the quarter ended March 31.