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, 11:12 am

Goalie Martin Biron to back up Rangers' Lundqvist

NEW YORK—Veteran goalie Martin Biron signed a two-year, $1.75 million deal with the New York Rangers on Thursday, less than one hour into the NHL's free-agent shopping season. Biron, who spent last season with the rival New York Islanders, is the solid, experienced backup netminder the Rangers ... (Source: San Jose Mercury News 2010-07-02T10:40:33Z)

Google buys travel software company for $700M

SAN FRANCISCO (AP) -- Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The all-cash deal announced Thursday signals Google's intention to challenge ... (Source: Yahoo Finance 2010-07-01T22:01:47Z)

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)

Mom who blamed devil for baby's decapitation gets plea deal

DALLAS - A San Antonio woman who told authorities the devil made her mutilate and dismember her newborn was found not guilty by reason of insanity Thursday, in a deal that sends her to a state mental institution rather ... (Source: AZCentral.com 2010-07-01T22:16:06Z)

Officials watch Des Moines levee, weather

DES MOINES, Iowa, July 2 (UPI) -- Des Moines, Iowa, officials closely watched a leaking levee Friday and rain was in the forecast, but an engineer said a "catastrophic failure" was not expected. City public works ... (Source: United Press International 2010-07-02T12:06:27Z)

Google to buy travel software company for $700M

Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The all-cash deal announced Thursday signals Google's intention to challenge flight-comparison ... (Source: Forbes 2010-07-01T22:37:34Z)

Rangers sign goalie Martin Biron from Islanders to back up Henrik Lundqvist

NEW YORK (AP) — Veteran goalie Martin Biron signed a two-year, $1.75 million deal with the New York Rangers on Thursday, less than one hour into the NHL 's free-agent shopping season. Biron, who spent last season with ... (Source: Chicago Tribune 2010-07-02T07:12:58Z)

Obama trumps Reagan, academics say in survey

Franklin D. Roosevelt again topped the Siena College survey of the best U.S. presidents, but the man sitting in the White House fewer than 18 months has cracked the Top 15. While the New Deal icon still enchants, and ... (Source: Washington Times 2010-07-02T00:32:06Z)

Canucks land big free agent prize, sign D Dan Hamhuis to 6-year deal

VANCOUVER, British Columbia (AP) — Highly sought after free agent defenseman Dan Hamhuis has finally found a home with the Vancouver Canucks . Twice traded since the end of the season to teams hoping to sign the talented defenseman, Hamhuis reached a six-year, $27 million deal with the Canucks on ... (Source: Chicago Tribune 2010-07-01T21:18:50Z)

James gets visitors, and Gay gets a big contract

Money is flying around in free agency, and LeBron James and the A-listers haven't even started getting paid. James, Dwyane Wade and Chris Bosh only got visitors Thursday. Rudy Gay got rich. Gay scored the first big deal of the free agency period, agreeing to a five-year contract with the Memphis ... (Source: San Jose Mercury News 2010-07-02T08:03:04Z)

Wade meets with Knicks on Day 2 as free agent

CHICAGO -- Dwyane Wade has arrived at a downtown Chicago hotel to hear a free agency pitch from the New York Knicks. The Miami Heat star says he is "in a New York state of mind right now, so we'll see" how it goes. Earlier, he tweeted that he got up early Friday for "Another day of pondering my ... (Source: Forbes 2010-07-02T15:41:12Z)

Lions Gate keeps Icahn out

NEW YORK— Carl Icahn's bid to take over the boutique film studio Lions Gate Entertainment Corp. has fallen short. The billionaire investor said Thursday that stockholders representing another 2.4 million Lions Gate shares accepted his $7-per-share offer by the Wednesday deadline. That leaves him ... (Source: Boston Globe 2010-07-01T16:25:20Z)

Google books $700M buyout of travel software maker

SAN FRANCISCO (AP) -- Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The all-cash acquisition announced Thursday signals Google's intention to ... (Source: MIT Technology Review 2010-07-02T13:03:43Z)

Clock Ticking: Penguins Don't Have Deals Yet With Gonchar, Hamhuis

THE PITTSBURGH CHANNEL.com With the start of NHL free agency approaching, the Pittsburgh Penguins have not reported any progress in negotiations with defensemen Sergei Gonchar and Dan Hamhuis. Free agency begins Thursday. Gonchar and Hamhuis will be free to sign with any team if the Penguins don't ... (Source: msnbc.com 2010-07-01T14:45:07Z)

Survey finds FDR best president

The New Deal still enchants. It even outdoes Mount Rushmore. For the fifth time in five surveys, Franklin D. Roosevelt tops a Siena College survey of the best U.S. presidents, the school said Thursday. Abraham Lincoln ... (Source: Washington Times 2010-07-01T16:11:01Z)

Icahn's Lionsgate Stake Rises To 33.9% As Tender Offer Ends - Update

(RTTNews) - Activist investor Carl Icahn's takeover bid for movie company Lions Gate Entertainment Corp. (LGF: News ) has fallen short after the company said Thursday that holders of over 66% of the company's shares have ... (Source: RTT News 2010-07-02T04:06:51Z)

Icahn takeover bid for Lions Gate falls short

Carl Icahn's bid to take over the boutique film studio Lions Gate Entertainment Corp. has fallen short. The billionaire investor said says that stockholders representing another 2.4 million Lions Gate shares accepted his $7-per-share offer by the Wednesday deadline. That leaves him short of a ... (Source: AP - msnbc.com 2010-07-01T14:23:39Z)

Small leak found at levee protecting Des Moines, Iowa, neighborhood; no evacuation planned

DES MOINES, Iowa - Authorities late Thursday found a small leak in a levee near downtown Des Moines, but officials said there was no imminent danger to a flood-prone neighborhood it protects and that residents had not ... (Source: Minneapolis Star Tribune 2010-07-02T07:34:26Z)

Iran-Turkey Energy Cooperation to Grow

The Turkish energy minister says the new UN Security Council \(UNSC\) sanctions against Iran will not affect the current energy deals between the two countries. "Turkey will continue to cooperate with Iran because the sanctions did not include any specific restriction on energy deals," Turkey's ... (Source: Turkish Weekly 2010-07-02T07:41:36Z)

Texas mom who dismembered baby not guilty by reason of insanity, will go to state institution

A San Antonio woman who told authorities the devil made her mutilate and dismember her newborn was found not guilty by reason of insanity Thursday, in a deal that sends her to a state mental institution rather than to ... (Source: FOX News 2010-07-01T23:56:19Z)

Turkish jets bomb Kurdish rebels in northern Iraq

ANKARA, Turkey (AP) — Turkish warplanes have bombed Kurdish rebel bases in northern Iraq over the past two days, Turkey's military said Friday, a day after violent clashes between the troops and rebels claimed 17 lives. The air force jets bombed the main rebel base on Mt. Qandil on the Iraqi ... (Source: The Guardian 2010-07-02T13:53:50Z)

Texas Digest: Mom found not guilty by reason of insanity in baby's death

A San Antonio woman who told authorities that the devil made her mutilate and dismember her 3-week-old son was found not guilty by reason of insanity Thursday, in a deal that sends her to a state mental institution ... (Source: Austin American-Statesman 2010-07-02T02:05:10Z)

Canucks sign sought after D Hamhuis to 6-year deal

VANCOUVER, British Columbia -- Highly sought after free agent defenseman Dan Hamhuis has finally found a home with the Vancouver Canucks. Twice traded since the end of the season to teams hoping to sign the talented defenseman, Hamhuis reached a six-year, $27 million deal with the Canucks on ... (Source: Washington Post 2010-07-01T21:11:40Z)

Rangers quickly sign veteran Biron to back up Lundqvist

NEW YORK -- Veteran goalie Martin Biron signed a two-year, $1.75 million deal with the New York Rangers on Thursday, less than one hour into the NHL's free-agent shopping season. Biron, who spent last season with the rival New York Islanders, is the solid, experienced backup netminder the Rangers ... (Source: CBS Sports 2010-07-02T11:30:40Z)

Emerson Defeats ABB With Agreement to Purchase Chloride for $1.5 Billion

Emerson Electric Co. won support from Chloride Group Plc for its $1.5 billion takeover offer after derailing ABB Ltd.'s planned acquisition of Britain's largest maker of backup power equipment. Emerson raised its offer to 375 pence a share, or 997 million pounds, from an earlier proposal of 275 ... (Source: Bloomberg 2010-07-02T06:58:39Z)

AP source: Gay, Grizzlies agree on max deal

A person with knowledge of the negotiations says that Memphis forward Rudy Gay has agreed to a five-year max contract with the Grizzlies. The deal will pay Gay more than $13 million per season, according to the person, who spoke to The Associated Press on condition of anonymity because the deal can ... (Source: San Jose Mercury News 2010-07-01T19:38:37Z)

Crack in Birdland levee no big deal, Corps official says

A crack appeared in the Birdland levee late Thursday night, but residents shouldn't worry just yet. "I don't even really consider that a leak," said Paul St. Louis of the U.S. Army Corps of Engineers. St. Louis ... (Source: Des Moines Register 2010-07-02T15:55:31Z)

The Founders: All for One

Americans revere the Founding -- and the Founders. A common attitude echoes the Musketeers: "All for one, and one for all." Although the participants in the Revolution profoundly disagreed among themselves (and sometimes despised one another), today's citizens look upon most of them with similar ... (Source: Richmond Times-Dispatch 2010-07-02T10:33:24Z)

UK's Chloride accepts Emerson's takeover bid

British power supply company Chloride Group has accepted an improved takeover bid from a U.S. competitor, Emerson Electric Co. Chloride said Friday that its board unanimously recommended that shareholders accept Emerson's offer of 375 pence per share. That values Chloride at 997 million pounds ($1.5 ... (Source: AP - msnbc.com 2010-07-02T06:30:01Z)

Energy ties with Iran stable, Turkey says

TEHRAN, July 2 (UPI) -- Ankara plans to continue activity in the Iranian energy sector because it is not restricted by U.N. sanctions, the Turkish energy minister said. The Security Council voted June 9 to place new sanctions on Iran that allow for searches of banned goods in cargo to or from Iran ... (Source: United Press International 2010-07-02T15:26:53Z)

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