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 2, 2010, 1:11 am

Stars won't offer new contract to franchise icon Mike Modano; retirement question still looms

DALLAS (AP) — If Mike Modano plays a 21st season in the NHL, it won't be with the Dallas Stars. The face of the franchise that proved hockey could thrive in the South will not be offered a contract by the Stars when ... (Source: Los Angeles Times 2010-06-29T18:36:34Z)

Carl Icahn now owns about 34% of Lions Gate [updated: ups stake to nearly 38%]

[ Update , 1:15 p.m.: Icahn reported Thursday afternoon that he bought 4.6 million Lions Gate shares on the open market after his tender offer closed, bringing his total stake in the company to 37.9%. The move signifies ... (Source: Los Angeles Times 2010-07-01T20:35:53Z)

New jobless claims rise in sign of weak job market

WASHINGTON - Fears that the economic recovery is fizzling grew today after the government and private sector issued weak reports on a number of fronts. Unemployment claims are up, home sales are plunging without ... (Source: Tampa Bay Online 2010-07-02T06:22:52Z)

Kings extend deals of GM Lombardi, coach Murray

The Los Angeles Kings signed general manager Dean Lombardi and coach Terry Murray to two-year contract extensions through the 2012-13 season on Wednesday, solidifying their leadership after the club's first playoff ... (Source: San Luis Obispo Tribune 2010-06-22T23:59:50Z)

AIG puts two life insurance units back on the block: WSJ

SAN FRANCISCO (MarketWatch) -- American International Group is putting two Asian life insurance units back on the sales block, hoping to get roughly $5 billion for the businesses, the Wall Street Journal reported ... (Source: Marketwatch 2010-07-01T21:54:37Z)

Canucks sign sought after D Hamhuis to six-year deal

VANCOUVER, British Columbia -- Highly sought after free agent defenseman Dan Hamhuis finally found a home - close to home - with the Vancouver Canucks. Twice traded since the end of the season to teams hoping to sign the ... (Source: Washington Post 2010-07-02T05:54:14Z)

Evidence mounts that recovery is hitting skids

Fears that the economic recovery is fizzling grew Thursday after the government and private sector issued weak reports on a number of fronts. Unemployment claims are up, home sales are plunging without government ... (Source: San Francisco Gate 2010-07-02T07:05:48Z)

Chloride Accept's Emerson's Raised Bid

LONDON ( TheStreet ) -- Chloride Group , the British power supply company, accepted a takeover bid of close to 1 billion pounds ($1.5 billion) from Emerson Electric ( EMR ) . Emerson raised its offer for Chloride earlier ... (Source: Street.Com 2010-07-02T07:41:36Z)

Woman wins suit against Lucasfilm

Julie Gilman Veronese, 37, left, sued Lucasfilm Ltd. late last year, claiming an aide to George Lucas, right, revoked an offer for a $75,000-a-year personal assistant position after she revealed she was pregnant. A San Francisco woman who says Lucasfilm Ltd. canceled a job offer after learning she ... (Source: San Francisco Examiner 2010-07-01T20:57:21Z)

For now, Kings can't get Ilya Kovalchuk

As night fell on the launch of the NHL's annual exercise in throwing money at problems, the Kings had not signed free-agent left wing Ilya Kovalchuk, the marquee player and prolific scorer they need and had targeted ... (Source: Los Angeles Times 2010-07-02T06:22:52Z)

Dan Hamhuis takes Vancouver Canucks' deal

It was a busy day in the NHL for free agent signings, with several moves involving the Predators and some of their former players. One of the biggest saw highly sought free agent defenseman Dan Hamhuis find a home ... (Source: Nashville Tennessean 2010-07-02T07:12:58Z)

Lucasfilm loses pregnancy lawsuit in California

The company founded by "Star Wars" creator George Lucas has lost a pregnancy bias suit filed by a woman whose job offer was withdrawn when she disclosed she was having a baby. A jury in Northern California on Wednesday awarded Julie Veronese $113,800 in damages. Lucasfilm Ltd. denies it ... (Source: AP - msnbc.com 2010-07-01T16:18:11Z)

Andrew Garfield is new 'Spider-Man'

LOS ANGELES, July 1 (Reuters) - A virtual unknown has landed the coveted lead role in the upcoming resurrection of the "Spider-Man" movie franchise, ending an intense search that attracted virtually every eligible actor in the business. Andrew Garfield, 26, will take over the Peter Parker/Spider-Man ... (Source: AsiaOne 2010-07-02T05:54:14Z)

Vienna Girardi, Jake Pavelka: Anything but love is in the air…

When the 'Bachelorette' ended with Jake Pavelka and Vienna Girardi as the final couple, everyone thought that this was another fairy tale in the making. But that was not to be. Their tumultuous and public split has ... (Source: Entertainment and Showbiz! 2010-07-02T05:47:04Z)

Icahn's final Lions Gate stake: 33.9%

With the expiration of a subsequent offering period related to his $7-a-share tender offer, Carl Icahn's stake at Lions Gate Entertainment Corp. now stands at 33.9 percent. Icahn's stake in the Santa Monica studio (NYSE ... (Source: Los Angeles Business 2010-07-01T20:43:02Z)

ABB drops Chloride quest in light of Emerson offer

ABB Ltd., the world's biggest power grid supplier, abandoned its pursuit of Chloride Group Plc to avoid escalating a bidding contest with Ferguson-based Emerson. ABB relinquished its right to match Emerson's $1.5 billion ... (Source: St. Louis Post-Dispatch 2010-07-02T04:42:39Z)

AIG CEO, Chairman to Work out Differences: Report

NEW YORK (Reuters) - American International Group Inc Chief Executive Robert Benmosche and Chairman Harvey Golub, at odds since a botched sale of the company's Asian life unit, will try to work out their differences, the ... (Source: ABC News 2010-07-01T17:58:24Z)

A Preview of 'The Bachelor' Jake Pavelka and Vienna Girardi's Breakup Interview! (video)

'The Bachelor' Jake Pavelka and Vienna Girardi met face to face with 'Bachelor' host, Chris Harrison to discuss their breakup. The interview will air Monday, July 5th during 'The Bachelorette'. ABC hasn't said whether ... (Source: Gather.com 2010-07-02T01:43:41Z)

Chloride Group Plc Offer Update

TIDMCHLD TIDM0KKT RNS Number : 6078O Chloride Group PLC 01 July 2010 ? For immediate release 1 July 2010 Chloride Group PLC ("Chloride" or the "Company") Response to ABB Ltd's ("ABB") announcement The Board of Chloride notes the announcement this morning by ABB. In light of this announcement, the ... (Source: FOXBusiness 2010-07-01T06:52:41Z)

Kings look set for a big deal

The Kings are poised to make the biggest splash in the NHL 's shallow free-agent pool. All signs indicate the Kings will lead the pursuit of dynamic left wing Ilya Kovalchuk when the free agency period begins Thursday at ... (Source: Chicago Tribune 2010-07-02T04:56:58Z)

Jake Pavelka's Ex Dishes when Enough was Enough of "The Bachelor" Star

What was the Deal Breaker for Jake's Ex-Girlfriend, Tanya Douglas? Jake Pavelka's ex dishes when enough was enough of "The Bachelor" star to Entertainment Tonight . Tanya Douglas, Jake's former girlfriend, told the ... (Source: Associated Content 2010-07-02T05:11:17Z)

AIG CEO, chairman to work out differences - source

NEW YORK, July 1 (Reuters) - American International Group Inc ( AIG.N ) Chief Executive Robert Benmosche and Chairman Harvey Golub, at odds over a botched sale of the company's Asian life unit, have agreed to work out ... (Source: Reuters 2010-07-01T19:02:49Z)

Lucasfilm Hit With $114K Verdict Over Pregnancy Bias

Law360, New York (July 01, 2010) -- A California jury has awarded roughly $114,000 to a woman whose job offer at George Lucas' film and entertainment company was withdrawn, allegedly after she disclosed she was pregnant. According to the jury verdict, issued Wednesday in the Marin Superior Court of ... (Source: site.law360.com 2010-07-01T21:54:37Z)

Goldman CFO says firm lost money on risky deals

NEW YORK (AP) -- An industry trade group's manufacturing index slipped in June, but was still at a level that suggests growth in the industrial sector. The manufacturing sector has been one of the U.S. economy's bright spots for nearly a year as companies restock inventories and replace old ... (Source: Associated Press 2010-07-01T14:45:07Z)

Virtually unknown actor Andrew Garfield to star in new Spider-Man movie

It's been a hotly debated question for months in entertainment circles: Who would inherit the Spider-Man suit from the departing Tobey Maguire? Columbia Pictures ended the frenzied speculation Thursday, announcing that a ... (Source: Washington Post 2010-07-02T05:39:55Z)

Canucks sign D Hamhuis to 6-year deal

VANCOUVER - Dan Hamhuis (notes) turned down more money from other teams for a chance to play at home and maybe win a Stanley Cup. The free-agent defenseman agreed to a US$27-million, six-year deal with the Vancouver ... (Source: YAHOO! 2010-07-02T01:43:41Z)

Stars sign Barch, Wathier to 2-year deals

The Dallas Stars have signed forward Krys Barch to a two-year, $1.675 million contract extension and right wing Francis Wathier to a two-year extension. The moves Wednesday came a day after the Stars said they would not offer a 2010-11 contract to Mike Modano, the highest-scoring U.S.-born player in ... (Source: Salon 2010-06-30T21:48:39Z)

Carl Icahn Discusses His Tender Offer for Lions Gate Entertainment

Billionaire investor, Carl Icahn , shed light on his offer for Lions Gate Entertainment ( LGF ). Icahn's offer is to buy the shares of the company for $7.00 per share. The offer is expiring by Tomorrow (Wednesday ... (Source: GuruFocus 2010-06-29T04:24:44Z)

Tobey McGuire Out, Andrew Garfield in as Peter Parker in Spider-Man 4

The on-again, off-again fourth installment in the Spider-Man franchise will soon come to fruition - with a few changes. The original plans for the fourth Spider-Man project were derailed when Raimi and Sony failed to ... (Source: Associated Content 2010-07-02T05:11:17Z)

Stars will not offer contract to Michigan's Mike Modano

Dallas -- If Westland's Mike Modano plays a 21st season in the NHL, it won't be with the Dallas Stars. The face of the franchise that proved hockey could thrive in the South will not be offered a contract by the Stars ... (Source: Detroit News 2010-06-29T20:02:28Z)

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