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, 6:12 pm

Bly returns to Lions with two-year deal

Cornerback Dre Bly, a bright spot during the Lions' dark years of the past decade, heard the atmosphere had changed since his departure in 2007. Now, he gets a chance to see if that's true, signing a two-year deal with ... (Source: Detroit News 2010-07-02T22:29:14Z)

Google Air? $700 million deal for online flight information

Mountain View Internet giant Google revealed Thursday that it intends to buy ITA Software for $700 million. The Cambridge, Mass., company — founded in 1996 by Massachusetts Institute of Technology computer scientists ... (Source: San Jose Mercury News 2010-07-02T14:29:37Z)

Self-fulfilling prophecy? Panel pushes Goldman on AIG collapse [BC-GOLDMAN-AIG:WA]

WASHINGTON _ Goldman Sachs executives first threatened to stop making exotic trades with the American International Group in July 2007 unless the insurance giant posted $1.8 billion in cash collateral to compensate for a slide in the mortgage securities market, internal AIG e-mails show. When AIG ... (Source: Insurance News Net 2010-07-02T03:16:45Z)

Fool Radio Roundtable: Apple's iPhone, Google's Droids, and Steve Jobs' Denial

Motley Fool Money is a one-hour weekly business radio show hosted by Chris Hill and featuring Motley Fool analysts James Early, Seth Jayson, and Shannon Zimmerman. On our most recent Motley Fool Money Radio Show , Chris ... (Source: Motley Fool 2010-07-02T20:20:23Z)

Bucks make quick free agency splash, agree to deal with free agent PF Drew Gooden

MILWAUKEE - Everyone who thought the Milwaukee Bucks would be among the most active teams on the first day of NBA free agency, please raise your hands. The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent ... (Source: Minneapolis Star Tribune 2010-07-02T06:15:42Z)

Back to the Lions' den: CB Dre' Bly signs two-year deal with Detroit

The Detroit Lions announced they have signed unrestricted free-agent cornerback Dre' Bly to a two-year deal. Financial terms were not disclosed. Bly, 33, played for the Lions in 2003-06. He was traded to Denver following ... (Source: USA Today 2010-07-02T23:33:39Z)

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)

Steve Jobs: 'Stay Tuned' on iPhone 4 reception issue. Software fix incoming

One of the most distressing things to come from the iPhone 4 launch was the worrying series of videos where users could get their iPhone 4 to drop signal bars and lose wi-fi speed just by holding it in a specific way. CEO Steve Jobs wrote back to customers saying that the reception issues were ... (Source: Pocket Gamer 2010-06-28T23:59:52Z)

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 2010-07-02T04:06:51Z)

Amazon seeks to expand Kindle DX reach

SAN FRANCISCO (MarketWatch) -- Amazon.com Inc. must be feeling the summer heat from Apple Inc.'s iPad. Microsoft is ending sales of its Kin mobile phones less than two months after they went on sale, in another sign of ... (Source: Marketwatch 2010-07-01T18:55:40Z)

Goldman Sach executives defend credit swap deals with AIG

Goldman Sachs executives being sworn in at the the Financial Crisis Inquiry Commission in Washington Source: AFP GOLDMAN Sachs executives have defended valuations for credit-default swaps presented to a giant insurer during the financial crisis The executives said credit-default swaps presented to ... (Source: The Australian 2010-07-02T04:35:29Z)

Google to buy travel tech firm ITA Software

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 signals Google's intention to challenge flight-comparison services that are ITA ... (Source: Minneapolis Star Tribune 2010-06-30T23:57:30Z)

Goldman execs grilled over AIG deal

WASHINGTON Goldman Sachs executives first threatened to stop making exotic trades with the American International Group in July 2007 unless the insurance giant posted $1.8 billion in cash collateral to compensate for a slide in the mortgage securities market, internal AIG e-mails show. When AIG ... (Source: CharlotteObserver.com 2010-07-02T03:59:42Z)

Amazon.com's Kindle e-reader goes on sale in HMSHost-owned book stores in airports

BETHESDA, Md. (AP) — HMSHost Corp., which operates shops and restaurants in airports, said Monday it will sell Amazon.com Inc.'s Kindle electronic book reader in book stores in six airports. The company says it will start selling the Kindle at Simply Books stores in the following airports ... (Source: Los Angeles Times 2010-06-27T23:53:54Z)

BP shares post 1st weekly gain since blast

NEW YORK — BP shares posted a better than 8 percent gain this week, the first weekly increase since an April explosion on a BP-operated triggered a massive Gulf oil spill. The first of two relief wells that are given the surest chance of plugging BP PLC's gushing well is on target to be finished ... (Source: Huffingtonpost.com 2010-07-02T20:13:13Z)

Disney acquires Tapulous, maker of popular iPhone game Tapulous

LOS ANGELES (AP) — Walt Disney has acquired Tapulous, the maker of the popular iPhone play-along music game Tap Tap Revenge. Steve Wadsworth, president of the Disney Interactive Media Group, confirmed the deal with The ... (Source: Fort Lauderdale Sun-Sentinel 2010-07-01T22:08:56Z)

Interview: Disney's Steve Wadsworth On Tapulous, Android & Mobile Money

What is it with Disney ( NYSE: DIS ) and summer game deals? Three years ago, Disney Interactive acquired sought-after virtual world Club Penguin for $350 million, looking for a path into a growing online game area. Now ... (Source: Yahoo Finance 2010-07-02T00:24:57Z)

Lions Ink CB Dre Bly to a Two-Year Deal

I was looking at my fantasy football roster this morning deciding whether or not I should keep Roddy White, and it made me think of Dre Bly.  Last season Dre Bly intercepted a Matt Ryan pass and took it back the other way.  In typical Dre Bly fashion, he began holding the ball in one hand and high ... (Source: NFL GridIron Gab 2010-07-02T23:47:58Z)

Bucks agree to deal with free agent PF Gooden

The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent Stu Lash told The Associated Press that Gooden agreed to sign with the Bucks for the mid-level exception. Gooden is represented by Lash and Dan Fegan ... (Source: Atlanta Journal Constitution 2010-07-01T23:34:50Z)

UPDATE: Biogen, Genzyme, Allergan Get Boost On Sanofi Deal Report

NEW YORK -(Dow Jones)- Shares of Biogen Idec Inc. (BIIB), Genzyme Corp. (GENZ) and Allergan Inc. (AGN) surged Friday on takeover speculation after a report that French drug maker Sanofi-Aventis SA (SNY, SAN.FR) is ... (Source: NASDAQ 2010-07-02T17:28:35Z)

Google books $700M deal for travel tech co.

G oogle Inc. plans to buy travel technology company ITA Software Inc. of Cambridge 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 ... (Source: Boston Herald 2010-07-02T14:29:37Z)

UPDATE 5-Sanofi looking at U.S. deals, stocks jump

PHILADELPHIA/CHICAGO, July 2 (Reuters) - French drugmaker Sanofi-Aventis is looking at several U.S. acquisitions, including one or two that could be worth at least $15 billion, a source familiar with the situation said ... (Source: Interactive Investor 2010-07-02T18:40:10Z)

Total CEO says not mulling BP deal

AFP - Total chief executive Christophe de Margerie said Friday that the French oil group was not considering buying its embattled rival BP, whose market value has dropped by half over the Gulf of Mexico oil spill. "We are not looking into buying BP," Margerie told journalists at an economics ... (Source: France 24 2010-07-02T19:23:07Z)

Flying high: Google hopes to steer more airline bookings with $700M purchase of ITA ...

SAN FRANCISCO - 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 ... (Source: Minneapolis Star Tribune 2010-07-01T22:01:47Z)

Sanofi looking at U.S. deals, stocks jump

PHILADELPHIA/CHICAGO(Reuters) - French drugmaker Sanofi-Aventis is looking at several U.S. acquisitions, including one or two that could be worth at least $15 billion, a source familiar with the situation said Friday ... (Source: CNN Money 2010-07-02T18:25:51Z)

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 2010-07-02T16:59:57Z)

When the Real Steve Jobs Doesn't Stand Up, Consumers Do It For Him

It turns out that Steve Jobs ' latest "email exchange" was a fake — the one in which he told an irate iPhone 4 owner with connection problems : "Retire, relax, enjoy your family. It is just a phone. Not worth it."  So is the Twitter account @ceoSteveJobs (its logo at right), which led ... (Source: BNET 2010-07-02T19:58:54Z)

BP shares score 1st weekly gain since Gulf oil spill began; lost market value still huge

NEW YORK (AP) — BP shares posted a better than 8 percent gain this week, the first weekly increase since an April explosion on a BP-operated triggered a massive Gulf oil spill . The first of two relief wells that are given the surest chance of plugging BP PLC's gushing well is on target to be ... (Source: Chicago Tribune 2010-07-02T20:20:23Z)

Report: Bucks, Salmons agree to $40M deal

Another day, another deal for the Milwaukee Bucks , who have suddenly become one of the biggest buyers during the most-hyped free agency period in NBA history. The greatest free-agent class in NBA history is listening to offers and choosing teams. Keep up with all the latest news and rumors . The ... (Source: FOXSports.com 2010-07-02T22:36:23Z)

Interview: Disney's Steve Wadsworth On Tapulous, Android & Mobile Money

What is it with Disney ( NYSE: DIS ) and summer game deals? Three years ago, Disney Interactive acquired sought-after virtual world Club Penguin for $350 million, looking for a path into a growing online game area. Now, for an undisclosed sum, it's picked up Tapulous , the profitable developer of ... (Source: paidContent.org 2010-06-30T23:57:30Z)

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