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Top News Links: Wednesday, Dec. 5

Motley Fool flip-flops on Regions, now says buy

Yesterday Motley Fool investor advice website listed reasons to avoid investing in Regions; today same site encourages readers to invest in the Birmingham-based bank. — Motley Fool

VictoryLand to reopen

An attorney for VictoryLand owner Milton McGregor told al.com that McGregor plans to reopen his Macon County casino this month with legal gambling machines; Attorney General Luther Strange says all slot machines are illegal throughout Alabama. — al.com

University of South Alabama wins $7.5 million grant

USA College of Medicine has been awarded a $7.5 million federal grant to try to cut the gap between health levels in different parts of the community; third renewal for grant. — al.com 

SAIC cuts employment

High-tech defense giant SAIC announced plans Tuesday to layoff 700 people worldwide, including 15 at its Huntsville facility. — Huntsville Times

Home prices up nationwide, slip slightly in Alabama

CoreLogic's monthly review of home prices nationwide shows an average gain of 6.3 percent across the country with biggest gains in states hit hardest by recession; Alabama prices down less than one percent. — Montgomery Advertiser

Silver lining?

BP spill has focused environmental efforts and dollars on Gulf Coast, which needed help even before spill. — al.com 

Textron Systems, Bell Helicopter open joint lab in Huntsville

Textron Systems and Bell Helicopter have opened a collaborative lab to work on integration of systems in manned and unmanned flight. — Nasdaq

Huntsville Times moving downtown

Alabama Media Group announced that it is moving the Huntsville Times to new offices at Courthouse Square early in 2013. — Huntsville Times

Chambers to chair board for Minnesota medical developer

Michael Chambers, president and CEO of Swift Biotechnology in Mobile, has been named board chairman for ProUroCare, a Minnesota firm that develops medical imaging. — ProUroCare PR

Iowa trucking firm acquired by Boyd Brothers

Boyd Brothers Transportation, based in Clayton, has acquired Iowa-based Mid Seven Transportation. — al.com

Sanders develops Oklahoma hospital

Birmingham's Sanders Trust medical property developer has completed development of $19 million Mercy Rehabilitation Hospital in Oklahoma City. — Birmingham Business Journal

Cleveland paper to layoff one-third of staff

The Cleveland Plain Dealer staff has been warned by owner Advance Publications that one third of the news staff will be let go as the paper  cuts its daily print presence; Advance recently cut staffs at  papers in Mobile, Birmingham and Huntsville. — Cleveland Leader

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