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Top News & Analysis Ohio

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  • Aug. 4- Several U.S. farm and consumer groups are working on strategies to derail a proposed tie-up of Monsanto Co and agricultural seeds and chemicals rival Syngenta AG, saying a combination of the market leaders would spell fewer and higher-priced products. Coalitions of opponents are being formed and market analyzes being done, moves that underscore the...

  • LNB posts 2Q profit 5 Hours Ago

    LORAIN, Ohio _ LNB Bancorp Inc. on Tuesday reported second-quarter profit of $2.3 million. The holding company for The Lorain National Bank posted revenue of $11.3 million in the period. Keywords: LNB Bancorp, Earnings Report.

  • TOLEDO, Ohio _ Health Care REIT Inc. on Tuesday reported a key measure of profitability in its second quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for funds from operations of $1.08 per share. Health Care REIT expects full-year funds from operations in the range of $4.25 to $4.35 per share.

  • CLEVELAND _ Parker-Hannifin Corp. on Tuesday reported fiscal fourth-quarter earnings of $179.5 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share. Parker-Hannifin expects full-year earnings in the range of $6.65 to $7.35 per share.

  • CLEVELAND _ TransDigm Group Inc. on Tuesday reported fiscal third-quarter net income of $99.1 million, after reporting a loss in the same period a year earlier. TransDigm expects full-year earnings in the range of $8.64 to $8.78 per share, with revenue in the range of $2.69 billion to $2.71 billion. TransDigm shares have risen 17 percent since the beginning of...

  • MARYSVILLE, Ohio _ Scotts Miracle-Gro Co. on Tuesday reported fiscal third-quarter profit of $133.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share. Five analysts surveyed by Zacks expected $1.17 billion.

  • MENTOR, Ohio _ Steris Corp. on Tuesday reported fiscal first-quarter net income of $24.3 million. Steris expects full-year earnings in the range of $3.15 to $3.30 per share. Steris shares have increased roughly 6 percent since the beginning of the year.

  • COLUMBUS, Ohio _ Washington Prime Group Inc. on Monday reported a key measure of profitability in its second quarter. The Columbus, Ohio- based real estate investment trust said it had funds from operations of $106.4 million, or 48 cents per share, in the period. The company said it had net income of $3.9 million, or 2 cents per share.

  • WASHINGTON— The Food and Drug Administration has approved the first prescription drug made through 3- D printing: a dissolvable tablet that treats seizures. Aprecia Pharmaceuticals said Monday the FDA approved its drug Spritam for adults and children who suffer from certain types of seizures caused by epilepsy. The FDA has previously approved medical...

  • FORT WAYNE, Ind.— An Indiana medical software company has reported the private information of 3.9 million people nationwide was exposed when its networks were hacked earlier this year, the U.S. Department of Health and Human Services said Monday. The hack also affected patients served by 44 hospitals and other radiology centers in Indiana, Ohio and Michigan, the...

  • COLUMBUS, Ohio— Relatives of an Ohio woman who died after being sent home from a hospital while having a heart attack have reached a $275,000 settlement with the facility. Ohio State University Wexner Medical Center doesn't admit liability in the settlement approved last week by an Ohio Court of Claims judge. Wexner Medical Center spokesman Bob Mackle says the...

  • ERIE, Pa.— Michael Victor is taking over as president of Mercyhurst University in Erie, Pennsylvania. The private Catholic school in Erie announced in May that Victor would replace Thomas Gamble, who retired after 10 years as president. The 54- year-old Victor has been president of Lake Erie College in Painesvillle, Ohio, since 2006..

  • WASHINGTON— Facing increased competition from within her own party, Hillary Rodham Clinton is spending $2 million airing the first television ads of her presidential race in the early voting states of Iowa and New Hampshire. "After law school she could have gone to a big firm but instead went to work for the Children's Defense Fund. In Arkansas, she fought for...

  • COLUMBUS, Ohio— Ohio governor and Republican presidential hopeful John Kasich has publicly reported that he and his family are worth between $9 million and $22 million. The 63- year-old Kasich entered the race July 21 to become the 16th major GOP candidate this cycle. Before he was elected Ohio governor in 2010, Kasich spent 10 years at the now-defunct Wall...

  • Some Midwest farmers' crops falter in record rains Saturday, 1 Aug 2015 | 10:55 AM ET

    The 48- year-old central Indiana farmer can't recall anything like the deluges he's seen from late May on this summer; the latest was a 4- inch downpour a week ago. It's a scene playing out in Illinois and Indiana, both of which set rainfall records for June, and four other key farm states. The Midwestern Regional Climate Center in Champaign, Illinois, is looking into...

  • US oil and natural gas rig count down 2 to 874 Friday, 31 Jul 2015 | 2:21 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 874.. Among major oil- and gas-producing states, New Mexico gained three rigs, Louisiana gained two and North Dakota, Ohio, Texas and Wyoming each gained one. Kansas lost four rigs, Utah declined by three, Alaska and...

  • NEW YORK— Uniform and first aid products company Cintas Corp. is buying ZEE Medical from McKesson Corp. for about $130 million in cash, expanding its position in emergency services products. The deal is expected to add between $110 and $120 million in annual revenue for Cintas. Cincinnati, Ohio- based Cintas expects the deal to close on Aug. 1.

  • WTO rules against China in specialty steel dispute Friday, 31 Jul 2015 | 12:48 PM ET

    WASHINGTON— The World Trade Organization says China broke global trade rules by failing to comply with an earlier WTO ruling and continuing to impose duties on specialty steel imports. The case dates back to 2010 when China imposed duties on a high-tech specialty steel used in power plants. Despite the ruling, China reintroduced duties on the steel in 2013. The...

  • COLUMBUS, Ohio— State and federal agencies have agreed on a plan for demolishing huge buildings and other facilities from a Cold War-era uranium plant in southern Ohio. "With this document in place, DOE can begin its work to secure funding and mobilize for cleanup," Ohio Environmental Protection Agency Director Craig Butler said in a statement.

  • First Financial tops Street 2Q forecasts Thursday, 30 Jul 2015 | 7:48 PM ET

    CINCINNATI _ First Financial Bancorp on Thursday reported second-quarter profit of $18.9 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Four analysts surveyed by Zacks expected $77.1 million.