Penney’s reopens

Penney’s reopens


The J.C. Penney store at Southern Park Mall reopened Thursday after problems with construction forced the retailer to close Wednesday.

An employee at the store confirmed the store opened for its regularly scheduled hours.

It was unclear what led to Wednesday’s closure, but a spokesman for the company confirmed that ongoing renovations, part of a nationwide effort to remake the store’s image, prompted management to go forward with the closure due to air-quality issues.

US jobless-aid applications fall


Fewer Americans sought unemployment aid last week,SFlbreducing the average number of weekly applications last month to a five-year low. The drop shows that fewer layoffs are strengthening the job market.

The Labor Department said Thursday that applications fell 10,000 to a seasonally adjusted 332,000. That reduced the four-week average to 346,750, the lowest since the week of March 8, 2008, three months after the Great Recession began.

IRS: Glitch delays 660K tax refunds


The Internal Revenue Service says 660,000 taxpayers will have their refunds delayed by up to six weeks because of a problem with the software they used to file their tax returns.

The delay affects people claiming education tax credits who filed returns between Feb. 14 and Feb. 22.

H&R Block, the tax- preparing giant, says that some of its customers were affected but the company has resolved the problem.

The (Cleveland) Plain Dealer reported that an estimated 30,000 Ohioans could see a delay in returns.

Vindicator staff/wire reports

Selected local stocks


Aqua America, .70, 30.27 .14

Avalon Holdings,4.15.00

Clear Channel, .33 33.02 .01

Cortland Bancorp, 10.89—.11

Farmers Nat., .126.65 —.04

First Energy, 2.20, 41.68.37

FirstMerit Corp., .64,15.95 .34

First Niles Financial, .32,7.00.00

First Place Fin., .004.00

FNB Corp., .48,11.69.09

General Motors,28.16.09

General Electric, .76,23.69.20

Motors Liquidation, .0422.00

Huntington Bank, .16, 7.495.07

JP Morgan Chase, 1.20,51.00.84

Key Corp, .20,10.00.00

LaFarge, 17.70 .37

Macy’s, .80, 42.15.04

Parker Hannifin, 1.72, 97.25.26

PNC, 1.60,66.26.33

RTI Intl. Metals,30.81.27

Simon Prop. Grp.,4.60,159.88.58

Stoneridge 7.98 .07

United Community Fin. 3.61—.07

Selected prices at 4 p.m. Thursday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.

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