Husted: 6,665 new entities file in Ohio
Secretary of State Jon Husted today announced that 6,665 new entities filed to do business in Ohio in September 2012.
These numbers are up compared with September 2011, in which 6,143 new entities filed. The Secretary of State’s office has assisted with 66,734 new business filings through September 2012. This is an increase from the same time period last year, in which there were 63,026 new business filings.
In addition, there were 613 businesses in the state that dissolved or surrendered business licenses. This is the lowest number this year.
Sprint-Softbank deal is announced
Sprint, the No. 3 cellphone company in the U.S., is selling a controlling stake to Japan’s Softbank for $20.1 billion.
The deal, announced Monday in Tokyo, positions Sprint Nextel Corp. as a stronger competitor to U.S. market leaders Verizon Wireless and AT&T, but it doesn’t solve all of the company’s underlying problems.
Sprint, which is based in Overland Park, Kan., has been limping along since 2005, when it bought Nextel. The merger quickly turned sour, saddling Sprint with the cost of running two incompatible networks while customers fled.
Vindicator staff/wire reports
Selected local stocks
Aqua America, .66, 25.03 .24
Clear Channel, .73 70.01 .03
Cortland Bancorp, 9.60.00
Farmers Nat., .126.71 —.01
First Energy, 2.20, 45.110001.20
FirstMerit Corp., .64,14.24 .03
First Niles Financial, .32,6.85.00
First Place Fin., .76.02
FNB Corp., .48,10.71—.33
General Electric, .68,22.64.16
Motors Liquidation, .0422.00
Huntington Bank, .16, 6.99.06
JP Morgan Chase, 1.20,42.365.75
Key Corp, .20,8.34.01
LaFarge, 14.16 .23
Macy’s, .80, 39.91.50
Parker Hannifin, 1.64, 80.671.27
RTI Intl. Metals,22.91.34
Simon Prop. Grp.,4.20,153.125.74
Stoneridge 5.00 .03
United Community Fin. 3.75.06
Selected prices at 4 p.m. Monday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.