Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / July 1, 2010, 12:12 pm

Negotiations between shippers, clerks at ports of LA, Long Beach uncertain

LOS ANGELES — Negotiations between 900 clerical workers and shipping companies at the nation's busiest port complex were uncertain Wednesday after both sides disagreed on where to meet to hash out a deal hours before ... (Source: Republic 2010-07-01T01:23:24Z)

Arena Pharmaceuticals in deal for obesity drug

Arena Pharmaceuticals Inc. said Thursday it has an agreement with Japan's Eisai Inc. in a deal worth potentially more than $1.3 billion to fund commercialization of an obesity drug that could become Arena's first product. Arena's lorcaserin is part of a wave of potential new treatments for a tough ... (Source: Salon 2010-07-01T07:14:09Z)

Ethan Moreau Finds Blue Jackets a Perfect Fit

Remember when Ryan Smyth cried his eyes out after being traded by the Oilers? Same as Wayne Gretzky did? The latest Oilers captain to get his walking papers, Ethan Moreau , is not one bit sad. He tells the Columbus ... (Source: Sporting News 2010-07-01T15:13:45Z)

Agent: Wolves, Milicic agree to deal

The Minnesota Timberwolves have agreed with free agent Darko Milicic on a four-year deal, his agent, Marc Cornstein, said Thursday. The contract is worth $20 million and the fourth year is only partially guaranteed ... (Source: ESPN.com 2010-07-01T18:12:43Z)

Arena Pharmaceuticals in deal to fund commercialization of obesity drug

Arena Pharmaceuticals Inc. said Thursday it has an agreement with Japan's Eisai Inc. in a deal worth potentially more than $1.3 billion to fund commercialization of an obesity drug that could become Arena's first product. Arena's lorcaserin is part of a wave of potential new treatments for a tough ... (Source: Los Angeles Times 2010-07-01T07:21:19Z)

Free-agent carousel throws NBA for loop

NEW YORK — This summer's biggest show in sports, which kicked off at 12:01 a.m. (EDT) today, comes from a league that won't play for months. It's called "LeBron James: Free Agent." The two-time MVP known more aptly ... (Source: Denver Post 2010-07-01T07:07:00Z)

Timberwolves agree on deal with Darko Milicic

MINNEAPOLIS (AP) -- The Minnesota Timberwolves have agreed to terms with center Darko Milicic on a four-year deal. Milicic's agent, Marc Cornstein, says the two sides reached agreement on Thursday, just over 12 hours ... (Source: NBA 2010-07-01T17:22:36Z)

Owner Tom Hicks drew $183K salary from Rangers in year after team laid off front ...

FORT WORTH, Texas (AP) — Texas Rangers owner Tom Hicks was paid a $183,594 salary from the team over a nearly yearlong span that began about the same time some front-office personnel were laid off, according to filings ... (Source: Los Angeles Times 2010-06-30T22:31:36Z)

Clerks at ports of Los Angeles, Long Beach to resume talks as contract expiration ...

LOS ANGELES - Clerical workers planned to resume negotiations Wednesday with shipping companies at the nation's busiest port complex in an attempt to reach a deal hours before their contract expires and avoid a costly ... (Source: Minneapolis Star Tribune 2010-06-30T22:31:36Z)

WOSU stations in deal with WWCD

In a deal that fulfills longtime goals for both stations, WOSU Public Media will buy radio station WWCD (101.1 FM), and WWCD will move up the dial to WCVZ (102.5 FM). The bottom line for listeners: WOSU will be able to offer 24-hour classical music, and WWCD will have a better, stronger signal ... (Source: Columbus Dispatch 2010-07-01T05:48:15Z)

Taiwan president says China trade deal skirts political hazards

TAIPEI, Taiwan (AP) — Taiwan's president Thursday defended his landmark trade deal with China against claims that it would lead to a Beijing takeover, as the opposition girded for elections that could determine the fate of the ambitious China opening. The Economic Framework and Cooperation ... (Source: FOX News 2010-07-01T15:06:36Z)

Death Sentence Overturned in Slaying of NYC Cops

(AP) A federal appeals court has tossed out the death penalty given to the gunman who killed two New York undercover police officers. The 2nd U.S. Circuit Court of Appeals ruled Wednesday that Ronell Wilson must be resentenced for killing the officers during a 2003 gun deal gone bad. Wilson was the ... (Source: CBS News 2010-06-30T21:05:42Z)

SoCal port clerks to resume contract talks

LOS ANGELES—Clerical workers planned to resume negotiations Wednesday with shipping companies at the nation's busiest port complex in an attempt to reach a deal hours before their contract expires and avoid a costly ... (Source: San Jose Mercury News 2010-06-30T22:17:17Z)

SBJ: Dallas businessman Beck interested in buying Rangers

The attempted sale of the Texas Rangers gained an additional wrinkle last week with a federal bankruptcy judge's ruling that gave lenders some powers to block the deal and removed team owner Tom Hicks from a position to ... (Source: Sporting News 2010-06-28T14:55:50Z)

Trade Deal Draws Taiwan Closer Into China's Embrace

June 28 (Bloomberg) -- Taiwan is scheduled to sign its first trade treaty with China tomorrow, strengthening commercial ties with the fastest-growing major economy and the island's biggest trading partner and ... (Source: BusinessWeek 2010-06-28T05:08:52Z)

Dirk Nowitzki to opt out of Dallas deal

A dd Dirk Nowitzki to the bumper crop of talented free agents. A person familiar with the decision said yesterday that Nowitzki notified the Dallas Mavericks he is opting out of the final year and $21.5 million on his ... (Source: Boston Herald 2010-06-30T03:54:54Z)

UPDATE 1-IBM buys BigFix to expand security offerings

BOSTON July 1 (Reuters) - International Business Machine Corp ( IBM.N ) has agreed to buy privately held security software company BigFix Inc, continuing an acquisition spree to expand its line of corporate security products. The companies did not disclose the terms of the deal, announced on ... (Source: Reuters UK 2010-07-01T16:18:11Z)

Another potential Texas Rangers buyer emerges

The attempted sale of the Texas Rangers gained an additional wrinkle last week with a federal bankruptcy judge's ruling that gave lenders some powers to block the deal and removed team owner Tom Hicks from a position ... (Source: Dallas Business Journal 2010-06-28T12:54:09Z)

Death Sentence Is Voided for Killer of 2 N.Y.P.D. Officers

A federal appeals court has tossed out the death penalty given to the gunman who killed two New York undercover police officers. The 2nd U.S. Circuit Court of Appeals ruled Wednesday that Ronell Wilson must be resentenced for killing the officers during a 2003 gun deal gone bad. Wilson was the first ... (Source: New York Times 2010-06-30T17:16:38Z)

Ex-NHLer Hinote Joins Blue Jackets Staff

Former NHL veteran Dan Hinote has been hired as an assistant coach by the Columbus Blue Jackets. The club announced the hiring on Thursday. Hinote helped the Colorado Avalanche win the 2001 Stanley Cup. Hinote will be the second member of new coach ... » Read More ... (Source: msnbc.com 2010-07-01T17:15:27Z)

Arena Pharmaceuticals up on Eisai diet drug deal

Shares of biotech drug developer Arena Pharmaceuticals Inc. jumped Thursday on news it had a huge deal with Japan's Eisai Inc. to market its promising obesity drug in the United States. THE SPARK: Arena, of San Diego, announced early Thursday that Eisai potentially could pay the company more than $1 ... (Source: AP - msnbc.com 2010-07-01T16:25:20Z)

New trial ordered in NYC for food service boss

NEW YORK— A federal appeals court has tossed out the conviction of the former chief marketing officer of one of the nation's biggest food products distributors. The 2nd U.S. Circuit Court of Appeals ordered a new trial Thursday for Mark Kaiser. He worked for U.S. Foodservice Inc., a subsidiary of ... (Source: Boston Globe 2010-07-01T17:15:27Z)

Lions, CB Spievey agree to terms on deal

ALLEN PARK, Mich. (AP) — The Detroit Lions have agreed to terms with cornerback Amari Spievey, their third-round pick from Iowa. The team confirmed the agreement Wednesday without disclosing terms. Amari, the 66th selection overall, was an All-Big Ten player who will get a chance to play ... (Source: Chicago Tribune 2010-06-30T22:24:26Z)

TheSpec.com - NFL_Football_Wire - Lions, cornerback Spievey agree to terms on deal

ALLEN PARK, Mich. - The Detroit Lions have agreed to terms with cornerback Amari Spievey, their third-round pick from Iowa. The team confirmed the agreement Wednesday without disclosing terms. Amari, the 66th selection ... (Source: Hamilton Spectator 2010-06-30T22:24:26Z)

Timberwolves agree on deal with Milicic

MINNEAPOLIS (AP) — The Minnesota Timberwolves have agreed to terms with center Darko Milicic on a four-year deal. Milicic's agent, Marc Cornstein, says the two sides reached agreement on Thursday, just over 12 hours after the free agent market opened. The Timberwolves made bringing Milicic back ... (Source: FOX News 2010-07-01T17:29:46Z)

IBM buying BigFix of Emeryville

IBM has agreed to buy Emeryville-based computer systems management company BigFix Inc. for an undisclosed sum. BigFix sells software that can manage applications for systems lifecycle, vulnerability assessment, energy-efficient computing, and configuration and security compliance. It can identify ... (Source: San Francisco Business Journal 2010-07-01T17:22:36Z)

IBM buys BigFix to expand security offerings

BOSTON (Reuters) - International Business Machine Corp has agreed to buy privately held security software company BigFix Inc, continuing an acquisition spree to expand its line of corporate security products. The companies did not disclose the terms of the deal, announced on Thursday. It is IBM's ... (Source: Reuters India 2010-07-01T17:01:08Z)

Lions, CB Spievey agree to terms

ALLEN PARK, Mich.— The Detroit Lions have agreed to terms with cornerback Amari Spievey, their third-round pick from Iowa. The team confirmed the agreement Wednesday without disclosing terms. Amari, the 66th selection overall, was an All-Big Ten player who will get a chance to play immediately on ... (Source: Boston Globe 2010-07-01T11:39:01Z)

Taiwan's president sets up taskforces for key trade deal+

TAIPEI, July 1 (AP) - (Kyodo)—Taiwan President Ma Ying-jeou said Thursday he has ordered the formation of taskforces to attract investment and develop economic strategy, including free trade agreements with foreign ... (Source: Big Hollywood 2010-07-01T17:08:17Z)

NBA Notebook: Nowitzki will test free-agent market

Add Dirk Nowitzki to the bumper crop of talented free agents. Nowitzki reportedly notified the Dallas Mavericks he is opting out of the final year and $21.5 million on his existing contract. The team wasn't planning to ... (Source: Pittsburgh Post-Gazette 2010-07-01T04:22:21Z)

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