Northern plans 3 story addition in Elyria
Adrian Burns reports Northern Say ings and Loan may build a three story addition at 212 Middle Avenue to alleviate cramped space. Xeal Hubbard says the project could start by late summer, with loan staff moving to 221 Second Street after it was purchased for 310000. The Second Street site may be demolished for parking, while the Middle Avenue project would replace the current one story loan office and expand the main office.
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Telegram
Elyria
Northern Sayings and Loan
Xeal Hubbard
Northern
Middle Avenue
Hubbard
WHL
Link's
Second Street
Joan
Nordson posts 4 percent quarterly earnings rise
Nordson Corp reports second quarter earnings up about 4 percent to 8.1 million dollars, or 24 cents a share, from 7.8 million or 23 cents a year earlier. Sales total 166.7 million, with North American volume down 6 percent and severance costs of 1.4 million included.
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Westlake
Industri
Nordson Prp
Edward P. Campbell
North America
Nordson
Nord_son
Limited Too to drop mishmash stores for older girls
Limited Too will convert its mishmash line aimed at 14 to 20 year olds into discount outlets for younger girls 7 to 14. Faced with competition from American Eagle Outfitters Hollister Target and Kohl's the chain will open about 20 new lower price stores next year starting in February while existing locations convert to the new concept.
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Ap) — Limited
American Eagle Outfitters
Hollister
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Limited
Mishmash
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Limited Too
Simi
Mike Rayden
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Ashley Olsen
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Angus & Coote
New Jersey
Ohio
Wall Street Keeps Rally Amid Slow Factory Orders
Wall Street extended gains on upbeat earnings from Krispy Kreme and Costco while a Commerce Department report showed April factory orders fell 2.4 percent. The Dow rose 11.77 points to 8793.12 as Nasdaq and S&P 500 also advanced, with investors hoping for a stronger second half.
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New York
Wall Street
Krispy Kreme
Costco
Standard & Poor
Keith Keenan
Wall Street Access
Commerce Department
Dollar Gains as Euro Dips While Yen Slumps Across Markets
The dollar rose on Wednesday as investors booked profits after the euro’s leap and shunned the yen for higher yields. The euro weakened to $1.1772 and fell from its Tuesday high while the yen slid to 118.57 per dollar. The dollar strengthened against major peers, though analysts warn it may be a short term bounce amid deficits and a sluggish U.S. economy. Durable goods data showed orders for big tickets fell 2.4 percent to $168.93 billion in April. The euro traded near 139.74 yen in Europe, while the pound slipped to $1.6377.
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New York
Dow Jones/AP
U.S
Bush signs extension for federal unemployment benefits
President Bush signed a bill expanding unemployment aid through December with a brief White House notice. The measure makes 13 weeks of emergency benefits available to workers who exhaust state aid, notably adding 26 weeks for high unemployment states like Pennsylvania, affecting about a million people nearing May 31.
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White House
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