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Top News Links: Friday, Nov. 20

Airbus may hold off upgrading A380

Airbus believes introducing a sales-boosting upgrade to its A380 aircraft in 2022 may be too early, Chief Executive Fabrice Bregier said at an industry gathering in New York on Thursday. The planemaking unit of Airbus Group SE (NYSE: AIR) is looking at whether to upgrade the A380, the world's largest passenger jet, as requested by its largest customer Emirates. – Street Insider

Hyundai unveils Alabama-made 2017 Elantra

During a media event at the 2015 Los Angeles Auto Show, which kicked off at the Los Angeles Convention Center in California on Wednesday, local time, Hyundai Motor unveiled the all-new 2017 Elantra compact sedan for the global market. The company will start selling the Elantra in the United States in January. The sixth generation of the model will be produced at Hyundai’s plants in Montgomery and Ulsan, Korea. – Korea JoongAng Daily

New steel plant to open in Tuscaloosa

O’Neal Manufacturing Services, a division of Birmingham-based O’Neal Steel, plans to open a new plant in Tuscaloosa next year. The plant will be built on Nucor Steel property on Holt Road Northeast. The plant will have two plasma cutting lines that will take steel plates made at Nucor and cut them into specified shapes for O’Neal customers. – Tuscaloosa News

Huntsville’s DealNews high on Black Friday

While some shoppers are skeptical Black Friday offers the best prices on TVs, laptops and other products, Huntsville-based DealNews said their data shows just the opposite is true. The National Retail Federation estimates more than 135 million Americans definitely will or may shop this year on Thanksgiving, Black Friday, Small Business Saturday or Sunday. – AL.com

Some mixed signals from Carson campaign

Armstrong Williams, the longtime business manager for Ben Carson, appeared Thursday on Bloomberg TV criticizing a recent report questioning the retired neurosurgeon’s knowledge of foreign policy. That same afternoon, Carson said Williams doesn’t speak for the campaign. “He has nothing to do with the campaign. Nothing,” Carson told reporters in Mobile. – CNN/KKOH-AM

Hibbett stock falls after analyst downgrade

Hibbett Sports (NASDAQ:HIBB) fell 3.9% during mid-day trading on Thursday after SunTrust lowered their price target on the stock from $52 to $40, AnalystRatings.NET reports. SunTrust currently has a buy rating on the stock. Hibbett Sports traded as low as $28.35 and last traded at $28.40, with a volume of 682,221 shares changing hands. – MidSouth News & Analysis

State retail group predicts $11B in holiday sales

Alabama is expected to exceed the $10 billion mark in sales in November and December for the second year in a row, the Alabama Retail Association predicts. And local businesses expect to do their fair share of holiday sales this season, kicking it off with Black Friday sales. The ARA forecasts statewide sales for the holiday season could reach $11 billion. – Andalusia Star News

New suit filed in Alabama One CU mess

Turmoil surrounding one of Alabama's largest credit unions continued this week, as Alabama One Credit Union retained the services of Birmingham law firm Campbell Guin for its most recent law suit - this time against former attorneys for the credit union and real estate appraisers who the credit union allege have contributed to the institution's significant losses and mismanagement that led to the state taking over the Tuscaloosa-based credit union in August. – BizJournals.com

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