Delta sees traffic increase 8 percent

Delta Air Lines saw its system traffic rise 8 percent in February as compared with the same month last year. The Atlanta-based carrier, which operates its second-largest hub locally, also increased its capacity by 8.1 percent year over year, reporting no change in how full its planes were, at 68.6 percent. Domestic traffic on Delta's Erlanger-based regional carrier Comair went up 16.5 percent in February over the same month last year while domestic capacity went up 44.3 percent.

Wella shareholders file against P&G

Minority shareholders in Wella AG on Thursday filed an application with a German court to declare a Procter & Gamble Co. licensing agreement with Wella unlawful. The shareholders had threatened that action after P&G rejected demands for a special auditor to examine P&G's acquisition of Wella last year. P&G owns almost all the voting stock and about 80 percent of total Wella shares. The shareholders say the licensing deal, which grants P&G the right to market and sell Wella's retail products worldwide, are part of an unlawful integration of Wella into P&G.

Cheviot Financial declares dividend

Cheviot Financial Corp., the new parent of Cheviot Savings Bank, has declared its first dividend, 5 cents a share. It will be paid March 31 to shareholders of record March 15. The new dividend comes two months after Cheviot Financial completed a public stock offering.

Rotex wins order from Potash Corp.

Cincinnati's Rotex Inc., a supplier of industrial screening for industries, has won a multimillion-dollar order for 19 of its new mineral separators from Potash Corp. of Saskatchewan, a producer of potash, nitrogen and phosphate. The equipment, replacing older Rotex machines, will be installed later this year in Potash's Rocanville, Saskatchewan, plant.

Staff reports