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Top News Links: Thursday, Feb. 4

Cubic Corp. completes $232M GATR sale

A fast-growing Huntsville company known for gunfire-withstanding inflatable satellites is under new ownership. California-based Cubic Corporation announced Wednesday it had completed its acquisition of GATR Technologies. Cubic purchased the Inc. 5000 company for $232.5 million. – WAAY

Bill seeks to extend historic rehab tax credit

Rep. Victor Gaston, R-Mobile, has introduced a bill to extend the state's Historic Rehabilitation Tax Credit program for seven years. Gaston and Rep. David Faulkner, R-Mountain Brook, are co-sponsoring the bill. – BizJournals.com

Vulcan EPS forecast doubles from last year

Wall Street analysts have favorable assessment of Vulcan Materials Company (VMC), with a mean rating of 1.8. The stock is rated as buy by 7 analysts, with 5 outperform and 4 hold rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for strong sell. For the current quarter, the 13 analysts offering adjusted EPS forecast have a consensus estimate of $0.61 a share, which would compare with $0.31 in the same quarter last year. – CWRUObserver.com

Study: State health levels compare to Estonia

The United States is dead last on many poverty and inequality outcomes when compared with other well-to-do countries, according to a new report by the Stanford Center on Poverty and Inequality. In some states like Alabama and Kentucky, levels of average health and health inequality compare with post-Soviet-bloc countries like Bulgaria, Estonia and Latvia. – ScienceBlog.com

Opinion: Gambling may be only revenue option

A recent poll conducted by McLaughlin and Associates – a well-used polling outfit that the Alabama GOP relies on consistently – shows that nearly 60 percent of likely Republican voters favor legalizing gambling. Some 62 percent of likely GOP voters favor a lottery. – Montgomery Advertiser

Poultry company to lay off 500 in Mississippi

A poultry company that has seven plants in Alabama says its Laurel, Mississippi, plant will close its deboning lines and lay off about 500 workers by the end of June. The contract won’t affect Wayne Farms’ Alabama operations, nor those in North Carolina, Georgia and Arkansas, a spokesperson said. – AP/Alabama News Net

USASAC, Redstone’s self-sustaining operation

The United States Army Security Assistance Command is unlike other Army commands in one very important way, the US tax payers do not fund it. The command sells excess equipment like helicopters and tanks, all while fostering relationships with our allies and partner nations around the world. Although most government entities are fully funded by tax payer dollars, USASAC employees are members of a very small group of government workers who are not actually paid by the government. – WAAY

Mobile mall to get new anchor retailer

H&M, an international clothing company with billions of dollars a year in sales, will be coming to the Shoppes at Bel Air, according to officials. H&M has signed a lease and will be near JC Penney inside of the revamped mall. In surveying the community to learn which stores were most sought after in the Mobile community, those close to mall development say that the most popular answer was H&M. – AL.com

New right-to-work declaration debated

Legislation that could insert into the state’s Constitution a declaration that Alabama is a right-to-work state cleared its first committee hurdle this morning and moves to the House. House Bill 37 says that it should be public policy of the state that employment “may not be denied or abridged on account of membership or non-membership in a labor union or labor organization.” It is a priority bill for the House GOP caucus. – TimesDaily.com

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