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 13, 2010, 7:18 am

Couche-Tard extends offer deadline for Casey's

For the second time in as many months, information technology company CGI Group Inc. on Monday extended its $903 million tender offer for Stanley Inc., a government contractor. The Canadian company said in May it would ... (Source: Fresno Bee 2010-07-13T00:19:03Z)

Covidien closes $2.6b deal for ev3

In a statement yesterday, Covidien said it tendered just over 100.8 million shares of ev3 stock, representing about 87.7 percent of outstanding shares. Covidien said COV Delaware Corp. then exercised its option to buy ... (Source: Boston Globe 2010-07-13T09:44:34Z)

Ticker: July 12

Alimentation Couche-Tard Inc. has extended its tender offer to Aug. 6 in its bid for a hostile takeover of Casey's General Stores Inc. The Canadian-based convenience store company has offered $36 a share for all of Casey ... (Source: Des Moines Business Record 2010-07-12T17:09:34Z)

Insurance broker Aon to buy human resources company Hewitt for $4.9 billion

Aon's offer of $50 a share is 41 percent more than Hewitt's closing stock price on Friday. The deal will help Aon get a firm foothold in human resource and benefits outsourcing and take on rival insurance broker Marsh ... (Source: New York Daily News 2010-07-12T14:10:36Z)

Omar Khadr expected in court in Guantanamo Bay

GUANTANAMO BAY NAVAL BASE, Cuba — Omar Khadr is expected to appear in a Guantanamo Bay courtroom today for crucial pre-trial hearings in his war-crimes case. The hearings relate to whether Khadr intends to represent ... (Source: The Chronicle Herald 2010-07-12T20:15:41Z)

Microsoft Shows Off Windows 7 Based Tablets

Microsoft Corp Chief Executive Steve Ballmer displayed about 20 new tablet-style devices running the Windows 7 operating system at a conference on Monday. Ballmer said at the company's annual partner conference in ... (Source: Redorbit.com 2010-07-12T18:28:18Z)

US Senate candidate Rob Portman to undergo surgery

CINCINNATI (AP) — Republican Ohio U.S. Senate candidate Rob Portman has fractured his right collar bone while mountain biking and needs surgery. Campaign spokeswoman Jessica Towhey describes Tuesday's scheduled surgery ... (Source: Morning Journal 2010-07-13T13:05:00Z)

Aon agrees to buy Hewitt Associates for $4.9 billion

Insurance conglomerate Aon said Monday that it has agreed to buy human resources specialist Hewitt Associates for $4.9 billion in a cash-and-stock deal that would nearly triple the size of its consulting business. The ... (Source: USA Today 2010-07-13T01:23:29Z)

Whitman's deal with consultant OK, experts say

Republican gubernatorial candidate Meg Whitman's $1 million investment in her political consultant Mike Murphy's movie production firm has raised eyebrows in Sacramento but experts said Monday that there appears to be ... (Source: San Francisco Gate 2010-07-13T13:12:09Z)

Summary Box: Microsoft, PC makers to offer Azure

THE PARTNERSHIP: Microsoft Corp. is teaming up with computer makers Dell Inc., Hewlett-Packard Co. and Japan's Fujitsu. THE OFFERING: Those PC makers have set up networks of servers running Azure, Microsoft's "cloud ... (Source: AP - msnbc.com 2010-07-12T16:40:56Z)

Omar Khadr says rejected Guantanamo plea deal

GUANTANAMO BAY U.S. NAVAL BASE Cuba (Reuters) - A Canadian captive at the Guantanamo prison said on Monday he rejected a plea deal that would have freed him in five years if he admitted to killing a U.S. soldier in ... (Source: Reuters 2010-07-12T15:57:59Z)

Aon buys Hewit for $4.9 billion, expands dramatically

Chicago-based insurance broker Aon Corp. agreed to buy Lincolnshire-based human resources consulting company Hewitt Associates in a $4.9 billion cash and stock deal, the companies said Monday. The news sent Hewitt's ... (Source: Chicago Sun-Times 2010-07-13T08:54:27Z)

Toyota to study quality panel's recommendations

Toyota will start studying an assessment of the company's quality control conducted by four outside experts to help beef up quality controls at the recall-battered automaker under a program that began in March to review ... (Source: AP - msnbc.com 2010-07-13T03:39:29Z)

Aon's purchase of Hewitt creates human resources giant

Aon, the world's largest insurance brokerage, is to buy Hewitt Associates for $4.9bn (£3.3bn) in cash and stock to create the world's largest human resources company. With Hewitt, Aon will get a firm foothold in human ... (Source: The Independent 2010-07-13T00:54:51Z)

Arena Pharma Deal Doesn't Portend Terms For Vivus, Orexigen

NEW YORK -(Dow Jones)- Arena Pharmaceuticals Inc. (ARNA), in teaming up with Japanese drug maker Eisai Co. (ESALY, 4523.TO) to sell an experimental weight- loss drug, figured having $50 million in hand and the potential ... (Source: NASDAQ 2010-07-01T21:33:09Z)

PC Makers To Offer Microsoft Azure Cloud Services

SEATTLE (AP) -- Microsoft Corp. is teaming up with computer makers to try to make its Windows Azure cloud computing system attractive to government and big corporate customers. In recent years, companies have started to ... (Source: Industrial Distribution 2010-07-12T20:30:00Z)

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 ... (Source: Chicago Tribune 2010-07-01T07:14:09Z)

Fisher, Portman in tight race for U.S. Senate

Democrat Lee Fisher and Republican Rob Portman are locked in a tight race among registered voters for the U.S. Senate seat being vacated by retiring Republican U.S. Sen. George Voinovich, according to a Quinnipiac ... (Source: Dayton Daily News 2010-06-30T12:44:37Z)

Did Meg Whitman Buy Off the Opposition?

Being a billionaire running for office does have its perks. The New York Times explains how Republican gubernatorial candidate Meg Whitman sunk more than $1 million in the nascent film production company of Mike Murphy ... (Source: Mother Jones 2010-07-12T15:43:40Z)

Wright inks 3-year deal with Warriors

OAKLAND, Calif. -- The Golden State Warriors have signed free agent small forward Dorell Wright to a multiyear contract. The team announced the deal Monday night. Wright's agent, Bob Myers, told ESPN The Magazine's Ric ... (Source: ESPN.com 2010-07-13T06:09:49Z)

Toyota to study quality control assessment by expert panel after massive recalls

TOKYO (AP) — Toyota will start studying an assessment of the company's quality control conducted by four outside experts to help beef up quality controls at the recall -battered automaker under a program that began in ... (Source: Fort Lauderdale Sun-Sentinel 2010-07-13T05:19:42Z)

Vivus, Arena Obesity Drugs Won't Be Judged by Fen-Phen Risk, U.S. FDA Says

U.S. regulators won't re-examine safety data from fen-phen, the recalled diet drug tied to heart damage, as they review a new generation of weight-loss pills led by Vivus Inc. 's Qnexa that use some of the same ... (Source: Bloomberg 2010-07-07T18:34:14Z)

Meg Whitman's investment in top strategist's movie firm raises eyebrows

At first blush, the 19 pages of financial disclosures that Meg Whitman filed earlier this year as part of her run for governor are a blur of ordinary, if sizable, investments. But one for more than $1 million in a ... (Source: San Jose Mercury News 2010-07-13T06:16:58Z)

Warriors sign former Heat forward Wright to three-year deal

OAKLAND, Calif. -- The Golden State Warriors signed free-agent small forward Dorell Wright to a multiyear contract. The team announced the deal Monday night. Wright reportedly will be paid $11 million over three years ... (Source: CBS Sports 2010-07-13T11:24:47Z)

Warriors sign F Wright to multiyear deal (AP)

The Golden State Warriors have signed free agent small forward Dorell Wright to a multiyear contract. The team announced the deal Monday night. Wright reportedly will be paid $11 million over three years. The 24-year-old ... (Source: Bayou Buzz 2010-07-13T08:32:59Z)

Toyota invites outside experts to improve quality control after massive recalls

TOKYO (AP) — Toyota said Monday it is inviting four outside experts to help beef up quality controls at the recall -battered automaker under a program that began in March to review defect measures. Toyota Motor Corp ... (Source: Baltimore Sun 2010-07-12T17:09:34Z)

Poll: Tight Senate race doesn't budge

The race to replace retiring Republican Sen. George Voinovich remains neck-and-neck with no clear victor in sight, according to a closely watched poll. Quinnipiac University in a poll released Wednesday said Democratic ... (Source: Columbus Business Journal 2010-06-30T12:37:28Z)

Covidien completes tender offer for ev3 shares

NEW YORK — Drug and medical device maker Covidien said Monday it completed a tender offer for ev3 Inc. and moved closer to closing its $2.6 billion buyout of the company. Covidien announced plans to buy the company for ... (Source: msnbc.com 2010-07-13T06:52:46Z)

Ottawa appeals court ruling involving accused terrorist Omar Khadr

OTTAWA — The federal government will appeal a Federal Court order that it present options to safeguard the charter rights of accused terrorist Omar Khadr. The announcement, as a one-week deadline for options was about ... (Source: Calgary Herald 2010-07-12T19:25:34Z)

Aon Corp. to buy Hewitt Associates

LINCOLNSHIRE -- Chicago-based insurance broker Aon Corp. on Monday agreed to buy human resources consulting company Hewitt Associates in a $4.9 billion cash and stock deal. Hewitt, which employs roughly 4,500 people in ... (Source: Batavia Sun 2010-07-13T08:54:27Z)

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