Group plans mixer
The Mahoning Valley Young Professionals will gather for their monthly mixer at 5:30 p.m. today at the Avalon Downtown, 17 W. Federal St.
The mixer will be in conjunction with the Rotary Club of Youngstown, which is also sponsoring the event. Admission is free and includes pizza and a cash bar.
This month’s mixer also will support Boatsie’s Boxes, a nonprofit dedicated to supporting American troops stationed abroad. Each week, Boatsie’s Boxes ships needed items to the troops.
Those attending the mixer are encouraged to bring items such as air fresheners, wet wipes, powdered energy drinks, stationery, candy, snacks and socks in brown, white or black for shipment.
F.N.B. Corp. declared a quarterly cash dividend of 12-cents per share on F.N.B. Corp.’s common stock Wednesday.
The dividend is payable Dec. 15 to shareholders of record as of the close of business Dec. 2.
Workers’ comp cases
The Ohio Bureau of Workers’ Compensation said Wednesday that 14 individuals statewide were convicted, or pleaded guilty to charges of defrauding the workers’ compensation system.
Among those pleading guilty were Jeffrey Stychno and Michael Fasca, co- owners of Integrated Health Inc. in Warren.
The OBWC said Styncho and Fasca pleaded guilty to one count each of workers’ compensation fraud and Medicaid fraud after they were reportedly discovered to be billing for services not rendered.
After pleading guilty, both men were ordered to pay nearly $200,000 in restitution.
Jury: Cuban didn’t do insider trading
Mark Cuban won a years-long fight with the federal government Wednesday as jurors decided that the billionaire basketball team owner did not commit insider-trading when he sold his stake in an Internet company in 2004.
The jury in federal district court in Dallas said that the Securities and Exchange Commission failed to prove the key elements of its case, including the claim that Cuban agreed to keep certain information confidential and not trade on it.
Advance Auto Parts to buy General
Advance Auto Parts Inc. said Wednesday it is buying General Parts International Inc. for $2.04 billion in cash, which the companies say will create the biggest automotive replacement parts provider in North America.
As part of the transaction targeted to close by late 2013 or early 2014, Advance Auto will get 1,246 company operated stores and 1,418 independently owned Carquest locations.
The Roanoke, Va., seller of auto parts and batteries currently operates more than 4,015 stores in the U.S., Puerto Rico and the Virgin Islands.
Vindicator staff/wire reports
Selected local stocks
Aqua America, .61, 24.49 .29
Clear Channel, .61 27.29 .15
Cortland Bancorp, 9.50.02
Farmers Nat., .126.20 .01
First Energy, 2.20, 37.04—.23
FirstMerit Corp., .64,22.96 .41
First Niles Financial, .32,6.50.00
First Place Fin., .0037.0008
FNB Corp., .48,12.25.10
General Electric, .76,24.35.16
Motors Liquidation, .0422.00
Huntington Bank, .20, 8.59.18
JP Morgan Chase, 1.52,53.991.68
Key Corp, .22,12.14.28
LaFarge, 16.82 .05
Macy’s, 1.00, 43.781.30
Parker Hannifin, 1.80, 105.65.01
RTI Intl. Metals,32.35.07
Simon Prop. Grp.,4.60,157.143.21
Stoneridge 12.72 .29
United Community Fin. 3.80.03
Selected prices at 4 p.m. Wednesday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.