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Business news briefs — Feb. 13

LOCAL BUSINESS

Free help for military families

The Ohio Society of CPAs is offering free tax preparation services to Ohio military families this tax season. Through April, Ohio certified public accountants will volunteer to prepare 2012 tax returns for military personnel who are permanent residents of Ohio and currently deployed outside of the state.

Operation CPA is a partnership with the Ohio National Guard.

For details, call the Ohio Society of CPAs at 888-959-1212 or email cpanswers@ohio-cpa.com.

For tax tips from Ohio CPAs, go online to the OSCPA site at www.financialfitnessohio.com.

Job seekers forum

A counselor from Summit County’s One-Stop employment office will talk about services available to job seekers at 6:30 p.m. March 4 at the Hudson Library & Historical Society.

The counselor, James C. Hamilton, will talk about the Ohio Means Jobs (OMJ) program — which links job-seekers to employers — and how to use the OMJ website. The site allows users to look for jobs and register for job opportunity alerts.

Hamilton will talk about choosing effective keywords for online employment applications, as well as uploading resumes and online pre-employment tests.

To register, go online to hudsonlibrary.org or call 330-653-6658, ext. 1010, or e-mail askus@hudson.lib.oh.us. The library is 96 Library St. in the First & Main shopping complex.

Resume workshop

Career coach Susan Hoopes will present Rev Up Your Resume at the Hudson Library & Historical Society at 7 p.m. Feb. 21.

Hoopes, who will focus on use of branding techniques in resumes and other job search documents, has helped employers, students, and alumni with the job search process at the Cuyahoga Valley Career Center. She was vice president in charge of education at the Cleveland Society for Human Resource Management.

To register, go online to hudsonlibrary.org or call 330-653-6658, ext. 1010, or e-mail askus@hudson.lib.oh.us. The library is at 96 Library St. in the First & Main shopping complex.

Sherwin hikes dividend

Paint manufacturer and retailer Sherwin-Williams Co. (NYSE: SHW) of Cleveland announced a quarterly dividend increase from 39 cents to 50 cents a share. It is payable March 8 to shareholders of record Feb. 25.

Wendy’s sets dividend

Wendy’s Co. (Nasdaq: WEN) announced a quarterly cash dividend of 4 cents a share, payable March 15 to shareholders of record March. 1.

TIRE & RUBBER

Cooper gets grant

Ohio’s Third Frontier program announced $2.8 million in funding for a technical center contingent on Cooper Tire & Rubber Co.’s decision to make Findlay its location. Cooper would create 40 jobs the next three years, the state said.

WALL STREET

Dow has 36-point fall

The Dow Jones industrial average fell 35.79 points, or 0.3 percent, to close at 13,982.81, below its five-year closing high of 14,018.70 on Tuesday. The S&P 500 index, which fluctuated between slight gains and losses during the session, finished up 0.9 point, or less than 0.1 percent, to 1,520.33. The tech-heavy Nasdaq composite index gained 10.38 points, or 0.3 percent, to close at 3,196.88.

REGULATION

New Monster labeling

Monster Beverage Corp. is changing labeling so that drinks will no longer be considered dietary supplements, a move that changes the federal guidelines the drinks must follow. Monster told industry tracker Beverage Digest that the cans will now list “Nutrition Facts” rather than “Supplement Facts,” as well as disclosing caffeine content.

RETAIL

Change at Toys R Us

Toys R Us Inc. Chief Executive Officer Gerald Storch will step down following a drop in holiday sales. Storch, 56, joined the company in 2006 after Bain Capital Partners, KKR and Vornado Realty Trust purchased Toys R Us for $6.6 billion. While Storch improved profitability, the chain has struggled to boost sales amid competition from Amazon.com, Walmart and Target. The company filed paperwork in 2010 for an initial public offering and has yet to issue shares.

Compiled from staff and wire reports




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