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 15, 2010, 2:19 pm

BP begins crucial test of ruptured well

NEW YORK (MarketWatch) -- BP PLC said Thursday it began a crucial test in the Gulf of Mexico to determine if a new containment cap and the steel casing of the leaking well can withstand the full force of the oil rushing ... (Source: Marketwatch 2010-07-15T19:00:32Z)

Ohio woman pays $5 at yard sale for LeBron James white gold pendant worth nearly $ ...

This undated photo provided by the International Gemological Institute shows both sides of a jeweled pendant made to resemble a Cleveland Cavaliers' LeBron James number 23 jersey. When Vaneisha Robinson bought the ... (Source: Washington Examiner 2010-07-15T14:28:31Z)

Baytex Energy Trust Confirms Monthly Distribution for July at $0.18 Per Unit

CALGARY, ALBERTA -- (Marketwire) -- 07/15/10 -- Baytex Energy Trust ("Baytex") (TSX: BTE.UN) (NYSE: BTE) announces that a cash distribution of $0.18 per trust unit in respect of July operations will be paid on August 16 ... (Source: PR Inside 2010-07-15T20:26:26Z)

Ford Shuffling Executives As Volvo Sale Nears Completion

Ford Motor Co. (F) announced a handful of leadership changes in Europe and Latin America as it finalizes the sale of its money-losing Volvo business. Ford's sale of the brand has shaken up management ranks in the ... (Source: NASDAQ 2010-07-15T11:51:02Z)

Nolan hypnotizes with mind-blowing brilliance of 'Inception'

Driving home from a screening of "Inception" the other night, my husband said to me, "I don't know how you're going to write about this movie." "What, you mean without giving anything away?" I asked ... (Source: St. Cloud Times 2010-07-15T19:07:42Z)

TSX heads for higher open as JPMorgan beats expectations

The Toronto stock market headed for a positive open on Thursday amid a strong quarterly earnings report from American bank JPMorgan Chase. The Canadian dollar moved up 0.42 of a cent to 97.12 cents US. U.S. futures ... (Source: Toronto Star 2010-07-15T14:07:03Z)

Agent: Hornets rescind offer to Head

NEW ORLEANS -- The agent for Luther Head says his client is healthy and the New Orleans Hornets have not offered a reasonable explanation for why they rescinded a two-year contract offer for the veteran guard. Mark ... (Source: ESPN.com 2010-07-15T01:49:45Z)

NBTY Deal Includes $2.4 Billion of Debt

(Reuters) - Private equity firm Carlyle Group's $3.8 billion deal for NBTY Inc ( NTY.N ) is made up of $2.4 billion debt financing and the rest in equity, a source familiar with the situation said on Thursday. Of the ... (Source: Private Equity Hub 2010-07-15T17:56:07Z)

Carlyle strikes $3.8 billion deal for NBTY

NEW YORK/BANGALORE (Reuters) - Carlyle Group (CYL.UL) struck a $3.8 billion deal on Thursday to buy U.S. nutritional supplements maker NBTY Inc (NYSE: NTY - News ), beating several other buyout firms to clinch one of the ... (Source: Yahoo Finance 2010-07-15T19:00:32Z)

Oil stops gushing from BP well for first time

NEW YORK (MarketWatch) -- BP PLC on Thursday managed to stop the flow of crude from its ruptured Gulf of Mexico well for the first time since April 20, when one of its rigs exploded and set off the worst oil disaster in ... (Source: Marketwatch 2010-07-15T20:55:04Z)

NBTY to Be Bought by Carlyle Group for $3.8 Billion

BANGALORE (Reuters) - U.S. nutritional supplements maker NBTY Inc said it agreed to be bought by private-equity firm Carlyle Group for $3.8 billion. The PE firm's $55.00 a share cash offer represents a 47 percent premium ... (Source: ABC News 2010-07-15T18:39:04Z)

Right at the 'Inception'

Driving home from a screening of "Inception" the other night, my husband said to me, "I don't know how you're going to write about this movie." "What, you mean without giving anything away?" I asked. "No," he said. "I ... (Source: Signal 2010-07-15T21:02:14Z)

Agent: Hornets withdrew contract offer for Head

The agent for Luther Head says his client is healthy and the New Orleans Hornets have not offered a reasonable explanation for why they rescinded a two-year contract offer for the veteran guard. Mark Bartelstein says the ... (Source: FOXSports.com 2010-07-15T20:04:58Z)

Agent: Hornets unfairly withdrew offer for Luther Head

NEW ORLEANS -- The agent for Luther Head said Wednesday that his client is healthy and that the New Orleans Hornets have not offered a reasonable explanation for why they rescinded a two-year contract offer for the ... (Source: Sporting News 2010-07-15T01:42:35Z)

Twitter @Earlybird Takes Wing with Disney Movie Offer

Twitter July 14 officially christened its @earlybird account by offering two-for-one movie tickets to see the "The Sorcerer's Apprentice" film from Walt Disney Studios. Twitter @earlybird Exclusive Offers lets ... (Source: eWeek 2010-07-15T19:07:42Z)

UPDATE 4-Carlyle to buy supplements maker NBTY for $3.8 bln

BANGALORE, July 15 (Reuters) - U.S. nutritional supplements maker NBTY Inc ( NTY.N ) said it agreed to be bought by Carlyle Group [CYL.UL] for $3.8 billion in one of the biggest private equity deals so far this year ... (Source: Reuters 2010-07-15T15:11:28Z)

Glance: How Carlyle Group's $3.8 billion offer for NBTY compares to other recent ...

Private equity firm The Carlyle Group agreed Thursday to buy vitamin maker NBTY Inc. for $3.8 billion in cash in one of the largest private equity deals so far this year. Here's a look at major buyouts proposed since ... (Source: Chicago Tribune 2010-07-15T19:29:10Z)

Twitter launches deals via @earlybird

Twitter has officially launched @earlybird , its sponsored-deal account that offers up daily discounts and the like from Twitter advertisers. In a blog post, Twitter describes @earlybird this way: Several times a week ... (Source: USA Today 2010-07-14T19:16:02Z)

Carlyle Group Cuts A Deal With NBTY

NBTY today announced the execution of a definitive merger agreement under which the Carlyle Group will acquire NBTY in a transaction valued at $3.8 billion. Under the terms of the merger agreement, Carlyle will acquire ... (Source: Forbes 2010-07-15T21:09:23Z)

Daylight Energy Completes Sale of Non-Core Eastern Alberta Oil and Natural Gas Assets ...

CALGARY, ALBERTA--(Marketwire - July 14, 2010) - Daylight Energy Ltd. ("Daylight" or the "Corporation") (TSX: DAY - News ) is pleased to announce it has completed the previously announced sale of certain non-core heavy ... (Source: Yahoo Finance 2010-07-14T20:20:28Z)

LeBron James Jersey Pendant Found at Yard Sale Worth Thousands!

Over four years ago when Vaneisha Robinson bought a diamond studded pendant in the shape of a basketball jersey with LeBron James' basketball number 23 on it for only $5, she never imagined years later that the pendant ... (Source: Gather.com 2010-07-15T13:16:56Z)

Flawless, stunning 'Inception,' one of the year's best, will raise the bar

Well, yes. There is that, too. We can begin by announcing, with great relief, that all the hype is justified. Writer-director Christopher Nolan's first film since "The Dark Knight" is a stunningly gorgeous, technically ... (Source: Argus Leader 2010-07-15T15:18:38Z)

Another guilty plea in KU ticket scandal

WICHITA, Kan. -- A second former University of Kansas athletics official has admitted in court that he knew about a massive scam that involved the sale of stolen tickets to Jayhawks sporting events. Brandon Simmons, the ... (Source: St. Louis Post-Dispatch 2010-07-15T17:20:19Z)

2nd former University of Kansas official pleads guilty to knowing about stolen ...

WICHITA, Kan. - A second former University of Kansas athletics official has admitted in court that he knew about a massive scam that involved the sale of stolen tickets to Jayhawks sporting events. Brandon Simmons, the ... (Source: Minneapolis Star Tribune 2010-07-15T16:58:51Z)

Second fmr. KU athletic official pleads guilty

A second former University of Kansas athletics official has admitted in court that he knew about a massive scam involving tickets to sporting events.Brandon Simmons, the school's former assistant athletic director for ... (Source: msnbc.com 2010-07-15T17:41:48Z)

Twitter's Earlybird Starts Off with The Sorcerer's Apprentice Tickets Deal

Twitter's latest revenue generating experiment, the Earlybird account, is off the ground with a special offer for Disney's latest summer blockbuster movie, The Sorcerer's Apprentice. US viewers will be able to get ... (Source: Softpedia 2010-07-15T07:19:01Z)

Ford Names Volvo Chief Stephen Odell to Head European Unit

Odell will succeed John Fleming, who will focus on leading global manufacturing and labor affairs, the Dearborn, Michigan- based carmaker said in a PR Newswire statement today. Jim Farley will take an expanded role as ... (Source: Washington Post 2010-07-15T14:42:50Z)

$5 LeBron James pendant pays off for Ohio woman

An Ohio woman who paid $5 at a yard sale for a LeBron James pendant she thought was costume jewelry has found out it's worth nearly $10,000. Twenty-year-old Vaneisha Robinson says she used to wear the basketball jersey ... (Source: AP - msnbc.com 2010-07-15T14:14:12Z)

Verenium Leaps On Sale Of Biofuels Unit To BP

NEW YORK - Verenium Corp. shares leaped 57% on Thursday after the Cambridge, Mass., developer of enzymes for industrial processes agreed to sell its cellulosic biofuels unit to BP Plc, the U.K. integrated oil giant, for ... (Source: FOXBusiness 2010-07-15T16:08:44Z)

Ford Appoints Volvo CEO Stephen Odell As Chief Of European Unit - Update

(RTTNews) - Automobile maker Ford Motor Co. (F: News ) announced Thursday executive appointments including key roles in Ford of Europe from Volvo management. Stephen Odell, Ford Vice President and CEO of Volvo Cars, was ... (Source: RTT News 2010-07-15T14:42:50Z)

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