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Top News Links: Friday, Oct. 12

International Shipholding acquires commodity shipper

Mobile-based International Shipholding has purchased U.S. United Ocean Services, which handles dry bulk and break-bulk commodities; deal expected to close in fourth quarter. — Marine Log

Big jump in September foreclosures

Alabama foreclosures jumped 25 percent in September, compared to a year ago. — Birmingham Business Journal

Regions takes internet hit

Regions Financial, based in Birmingham, suffered from a cyber attack yesterday, making website access difficult; Regions had warned customers of the impending difficulties. — Fox Business

Eight bids reported for ThyssenKrupp mills

The number of bids for ThyssenKrupp's $5 billion twin steel mills in Alabama and its Brazilian plant has grown to eight, including both U.S. Steel and Nucor Steel, which have operations in Alabama now. — Bloomberg Businessweek

Revenue drop in Birmingham area

Birmingham suburbs saw a bigger revenue drop than their counterparts across the state. — Birmingham Business Journal

Mobile spending cuts hit non-profit agencies

Mobile social services agencies struggle to make ends meet in face of drop in city support. — al.com

Boeing may be big winner in Euro air merger struggle

Political rifts that undermined a proposed merger of European aerospace giants BAE Systems and EADS, both with operations in Alabama, may be a big win for rival Boeing. — St. Louis Post Dispatch

Big contract wins for ST Aerospace

Singapore-based ST Aerospace, with a major MRO facility in Mobile, won $590 million in contracts this quarter, up from $370 million the previous quarter. — Mobile Press-Register

Feedstock options open for new Evonik Degussa facility

Mobile's Evonik Degussa chemical plant is examining feedstock options for a new methyl methacrylate facility announced late last month. — ICIS

Deepwater Horizon well blamed for new oil sheen

A new sheen near the site of the 2010 BP spill has been matched to Deepwater Horizon oil, the Coast Guard says; BP questions report. — WWLTV

Walton new communications leader for EDPA

Val Walton has joined the Economic Development Partnership of Alabama as communications director after career with Birmingham News. — EDPA PR

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