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Deals of the Hour / July 13, 2010, 7:16 pm

Nolan Ryan's ownership group sues Texas Rangers to speed team's sale

FORT WORTH – Claiming its deal is being "derailed" and "hijacked," the prospective new owners of the Rangers, including team president Nolan Ryan, filed suit against the ballclub Monday, asking that a bankruptcy judge ... (Source: Dallas Morning News 2010-07-13T04:58:14Z)

BP puts well cap in place

NEW ORLEANS/WASHINGTON (Reuters) - BP Plc said on Monday it had installed and was ready to test a cap that, if successful, would for the first time stop the oil spewing from its ruptured well on the floor of the Gulf of ... (Source: Reuters 2010-07-13T06:16:58Z)

Treasury Sale of Citigroup Shares Slowed Amid June Market Slump

July 1 (Bloomberg) -- The U.S. government's sale of Citigroup Inc. shares slowed last month as the bank's share price tumbled 5.1 percent amid a stock-market slump. The government sold 1.1 billion shares from May 27 ... (Source: BusinessWeek 2010-07-01T14:23:39Z)

Treasury Sale of Citigroup Shares Slowed Last Month

July 1 (Bloomberg) -- The U.S. government's sale of Citigroup Inc. shares slowed last month as the bank's share price tumbled 5.1 percent amid a stock-market slump. The government sold 1.1 billion shares from May 27 ... (Source: BusinessWeek 2010-07-01T18:41:21Z)

Daylight Energy Announces the Sale of Non-Core Eastern Alberta Oil and Natural Gas Assets for $125 M

Daylight Energy Ltd. ("Daylight" or the "Corporation") (TSX:DAY) today announced it has reached an agreement with a private company, Gear Energy Ltd. ("Gear"), to sell certain of Daylight's oil and natural gas assets in ... (Source: Melodika.net 2010-06-30T09:24:11Z)

Bankruptcy judge sets Aug. 4 hearing for Texas Rangers after contentious hearing

FORT WORTH, Texas - A federal bankruptcy judge has decided that the Texas Rangers will be auctioned off after all. U.S. Bankruptcy Judge D. Michael Lynn set the date for Aug. 4. Major League Baseball endorsed its ... (Source: Minneapolis Star Tribune 2010-07-13T22:16:11Z)

Treasury Cuts Citigroup Stake to 18% Through June Market Sales

July 1 (Bloomberg) -- The U.S. Treasury Department sold 1.1 billion Citigroup Inc. shares since May 26, cutting its stake in the U.S. lender to 18 percent. Sales to date, including a sale earlier this year of 1.5 billion ... (Source: Bloomberg 2010-07-01T18:55:40Z)

New offshore drilling ban

(Reuters) Ń BP said it had installed a cap meant to halt the flow of oil from its ruptured Gulf of Mexico well on Monday and the Obama administration issued a new moratorium on deepwater oil drilling. The British energy ... (Source: The Denver Daily News 2010-07-13T06:09:49Z)

Business Digest: Consumer Reports says iPhone is too flawed to recommend; Alcoa ...

SEATTLE — Consumer Reports said it will not recommend Apple Inc.'s newest iPhone because of reception problems caused by its antenna design. After the iPhone 4 went on sale in June, buyers started complaining that ... (Source: Austin American-Statesman 2010-07-13T00:40:32Z)

Black Hills prices $200 million debt offering

Natural gas and electric utility Black Hills Corp. on Tuesday said it will sell $200 million of debt on Thursday. The company plans to use the proceeds from the sale to pay down debt on its revolving credit facility. The ... (Source: AP - msnbc.com 2010-07-13T22:01:52Z)

ACR Okays Sale of Diamonds

Jul 12, 2010 (Zimbabwe Standard/All Africa Global Media via COMTEX) -- The London Stock Exchange-listed mining concern African Consolidated Resources (ACR) says the sale of the disputed Marange diamonds can go ahead ... (Source: TradingMarkets.com 2010-07-12T17:02:24Z)

Travel Briefs July 9: Passport fees; Pa. gets table games; Grand Teton land for sale

WASHINGTON - Passport fees are increasing as of July 13. The fee for first-time adult passport applications is increasing $35, from $100 to $135, according to the U.S. Department of State. For minors under age 16, fees ... (Source: Carroll County Online 2010-07-09T12:41:06Z)

Consumer Reports faults iPhone 4 antenna in test

Consumer Reports said Monday it will not recommend Apple Inc.'s newest iPhone because of reception problems caused by its antenna design. After the iPhone 4 went on sale in June, buyers started complaining that holding ... (Source: msnbc.com 2010-07-13T14:16:35Z)

Passport fees increased $35 Tuesday

The fee for first-time adult passport applications is increasing $35, from $100 to $135, according to the U.S. Department of State. For minors under age 16, fees will increase from $85 to $105. For passport cards, fees ... (Source: msnbc.com 2010-07-14T01:15:08Z)

Book a Seat with a Cool Ocean Breeze Now With AirTran Airways' New Sale Fares

ORLANDO, Fla. , July 13 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI - News ), today launched a sale for travel to all of the airline's destinations with special low fares ... (Source: Yahoo Finance 2010-07-13T08:54:27Z)

Diamond Council To Meet On Zimbabwe Diamonds

Diamond industry executives and human rights groups are to meet in St. Petersburg, Russia, this week to try and agree on whether Zimbabwe should be allowed to resume selling diamonds from its Marange fields. This is the ... (Source: Voice of America 2010-07-13T22:37:39Z)

Zimbabwe to forge ahead with diamond sales

HARARE (AFP) – Zimbabwe's President Robert Mugabe vowed Tuesday that the country would go ahead with diamond sales that were banned earlier this year because of rights violations at its largest mines. "Let there be no ... (Source: YAHOO! 2010-07-13T14:45:13Z)

US issues new drilling ban, BP in talks on asset sale

NEW ORLEANS/WASHINGTON--The Obama administration issued a new moratorium on deepwater oil drilling on Monday, a move the industry said was unnecessary and would place tens of thousands of jobs at risk. Shares in BP Plc ... (Source: St. Martin Daily Herald 2010-07-13T03:39:29Z)

IPhone 4 won't get Consumer Reports' recommendation

SEATTLE - Consumer Reports says the iPhone 4 has reception problems caused by its antenna design. After the iPhone 4 went on sale in June, buyers started complaining that holding the gadget a certain way could cause ... (Source: Tampa Bay Online 2010-07-13T04:00:58Z)

BP divestment talks on several assets "going well"

LONDON (Reuters) - BP <BP.L>, which unveiled plans last month for about $10 billion in asset sales to help pay for costs from the worst offshore oil spill in U.S. history, said talks on the divestments were making ... (Source: Town Hall 2010-07-13T16:11:07Z)

Black Hills prices $200 million senior unsecured notes; proceeds to pay down ...

RAPID CITY, S.D. (AP) — Natural gas and electric utility Black Hills Corp. on Tuesday said it will sell $200 million of debt on Thursday. The company plans to use the proceeds from the sale to pay down debt on its ... (Source: Los Angeles Times 2010-07-13T22:01:52Z)

Passport fees go up today

WASHINGTON (AP) — Passport fees are increasing as of today, July 13. The fee for first-time adult passport applications is increasing $35, from $100 to $135, according to the U.S. Department of State. For minors under ... (Source: St. Augustine Record 2010-07-13T11:03:18Z)

WRAPUP 1-BP sells strategic oil storage assets to Magellan

NEW YORK, July 13 (Reuters) - BP Plc ( BP.L ) said on Tuesday it sold its Cushing, Oklahoma, oil tanks, a major tool of its renowned trading arm, in its first asset sale since the Macondo well blowout saddled it with ... (Source: Reuters 2010-07-13T21:18:55Z)

Judge sets Aug 4 auction of Texas Rangers

FORT WORTH, Texas -- A federal bankruptcy judge decided Tuesday that the Texas Rangers will be auctioned off after all, despite angry creditors' claims that the bidding process is unfair and still favors Major League ... (Source: CBS Sports 2010-07-14T01:07:59Z)

Daylight Energy Announces the Sale of Non-Core Eastern Alberta Oil and Natural Gas Assets for $125 ...

CALGARY, ALBERTA--(Marketwire - June 30, 2010) - Daylight Energy Ltd. ("Daylight" or the "Corporation") (TSX:DAY) today announced it has reached an agreement with a private company, Gear Energy Ltd. ("Gear"), to sell ... (Source: Digital Journal 2010-07-01T01:52:02Z)

Magellan Midstream Announces Public Unit Offering

TULSA, Okla. , July 13 /PRNewswire-FirstCall/ -- Magellan Midstream Partners, L.P. (NYSE: MMP - News ) announced today that it plans to sell 5 million common units in a registered public offering. The partnership intends ... (Source: Yahoo Finance 2010-07-13T20:57:26Z)

Book A Date With Rest and Relaxation Now With AirTran Airways' New Sale Fares

ORLANDO, Fla. , July 6 -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today launched a sale for travel to all of the airline's destinations with special low fares. Travelers may purchase these ... (Source: Earthtimes 2010-07-06T08:55:36Z)

BP sells pipeline, storage assets for $289M

BP spokeswoman Sheila Williams said the pipeline sale is not part of a previously announced plan to sell $10 billion in assets over the next 12 months. The companies were negotiating the pipeline sale for several months ... (Source: Boston Globe 2010-07-13T14:09:25Z)

Save Big Bucks on Your Caribbean Getaway with AirTran Airways' Super Sale

ORLANDO, Fla., July 13 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today launched a sale for travel to the airline's Caribbean destinations with special low fares ... (Source: Redorbit.com 2010-07-13T09:58:53Z)

Governors, Canadian premiers agree on energy

LENOX, Mass. (AP) — A group of New England governors and Eastern Canadian premiers have agreed on a proposal to boost the region's reliance on renewable energy. Massachusetts Gov. Deval Patrick said the group pledged ... (Source: Times-Argus 2010-07-14T01:22:18Z)

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