Speed display board installed

PennDOT has placed a radar-controlled speed display board on Route 53 in Coalport Borough, Clearfield County, to remind drivers to obey the posted speed limit.

The board faces northbound traffic between Union and Culvert streets. The speed limit on Route 53 at that location is 25 mph. The board will remain for two to four weeks before being repositioned to face southbound traffic. PennDOT placed the board at the request of the municipality.

Bridge replacement to be previewed

PennDOT is developing plans for the Dutch Road Bridge Replacement Project in Allegheny and East Carroll townships, Cambria County.

The project consists of replacement of the existing two-span bridge superstructure that carries Dutch Road over Chest Creek.

A meeting from 5 to 7 p.m. Tuesday at the Allegheny Township building, 107 Storm Road, Loretto, will provide the public an opportunity to review and comment on the proposed project.

Crime, public safety hearing planned

The state Senate Majority Policy Committee will hold a crime and public safety hearing at 1:30 p.m. Monday, April 25, in the Cambria County Courthouse’s Courtroom 1.

The purpose of the hearing is to better understand what is driving the increase in crime in local communities across the commonwealth, as well as discuss tools to assist the law enforcement community and other stakeholders.

FirstEnergy reports $288M income

AKRON, Ohio — FirstEnergy Corp., parent company of Penelec, reported first-quarter net income of $288 million.

On a per-share basis, the Akron, Ohio-based company said Thursday it had profit of 51 cents. Earnings, adjusted for non-recurring costs, were 60 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The utility company posted revenue of $2.99 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $2.79 billion. For the current quarter ending in July, FirstEnergy expects its per-share earnings to range from 46 to 56 cents.

From Mirror staff, wire reports


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