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Top News Links: Friday, Sept. 20

Coal mining companies plan layoffs

Two related coal mining companies, Rock Mountain Mining LLC in Adger and Twin Pines LLC in Jasper, have filed paperwork with the state preparatory to laying off workers, with Rock Mountain planning to lay off 53 and Twin Pines planning to cease operations and layoff 60. — Birmingham News

Federal judge accepts Halliburton guilty plea

Halliburton Energy Services, the cement contractor on BP's well that exploded in 2010 killing 11 people and spewing oil into the Gulf, pleaded guilty to destroying evidence and will be fined $200,000 and placed on probation three years. — al.com 

State sets up payday loan supervision

The state banking department has begun work on a payday loan database to make sure payday loan companies comply with rules that prevent any individual from having more than $500 in such loans. — MSN Money

ServisFirst initiates dividend payments

ServisFirst has announced plans for a $0.50 per share dividend to shareholders in December with plans for quarterly dividends beginning next April. — ServisFirst PR

Leeco Steel opens Mobile plant

Leeco Steel began shipping steel from a new Mobile distribution center this month; Illinois-based Leeco is part of Birmimgham-based O'Neal Industries' Industrial Metals Group. – Leeco PR

Utility urges PSC to reject rate hearing

Alabama Power urged the state Public Service Commission to turn a deaf ear to a request for rate hearings filed by AARP. — Miami Herald

Signal International loses appeal over layoffs

An appeals court sided with laid-off employees who challenged their employer, Mobile-based Signal International, saying the company failed to file proper notice of mass layoffs. — Louisiana Record

ThyssenKrupp mill still for sale, company official says

While rumors have swirled over ThyssenKrupp's plans for its remaining Alabama mill and its Brazil plant, the company's chief financial officer told reporters in Germany that he still expects the company to sell the facilities, even if not by the Sept. 30 date originally planned. — Bloomberg

Dental care providers team

Sarrell Dental, which provides the largest share of dental care to low-income children in Alabama, has teamed with DentaQuest Care Group, Massachusetts nonprofit, to develop strategies for providing care. — Anniston Star

Cypress Equities identified as Promenade Tannehill buyer

Cypress Equities has been identified as the purchaser of Promenade Tannehill in Birmingham from Colonial Properties Trust; the $38.5 million sale was announced earlier this week by Colonial. — Commercial Property Executive

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