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, 7:11 pm

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)

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)

Ghana lose, Africans still proud

Fans hoping that Ghana could become the first African team to make the semi-finals of the World Cup tried to console themselves late Friday after the team lost to Uruguay in a penalty shootout. "I have every reason to support Ghana," businessman James W. Saye Kea said in Liberia. "Just that I am ... (Source: ninemsn 2010-07-03T00:52:24Z)

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)

American Airlines parent: information of 79K retired, former and current workers ...

FORT WORTH, Texas (AP) — The parent company of American Airlines says the personal information of about 79,000 retirees, former and current employees that was held by the company's pension department has been ... (Source: Los Angeles Times 2010-07-02T18:40:10Z)

AMR Corp. (AMR) to Offer 1-Year Free Credit Monitoring, Data Compromise to Certain ...

Today, AMR Corporation (NYSE: AMR ), the parent company of American Airlines, Inc., sent letters to potentially affected retirees, former employees, and a limited number of current employees about a compromise of certain ... (Source: StreetInsider.com 2010-07-02T18:04:22Z)

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)

Goldman executive says firm lost money on risky deals

The finance chief of Goldman Sachs plans to tell a special panel investigation the financial crisis that his firm made mistakes ahead of the meltdown and was burned by losses on high-risk loans and mortgages. "We made ... (Source: Los Angeles Times 2010-07-01T13:33:32Z)

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)

Arby's launches social media campaign to promo value LTO

Arby's is using its first social media campaign to promote a new limited-time-offer sandwich designed for its value meal. The Junior Deluxe debuts this weekend, with a giveaway-with purchase offer on July 5. The Junior ... (Source: QSR Web 2010-07-01T14:59:26Z)

Goldman defends itself

WASHINGTON— Goldman Sachs Group Inc. executives defended valuations for credit-default swaps that were presented to American International Group Inc. during the financial crisis, saying they reflected actual prices in ... (Source: Wall Street Journal 2010-07-02T23:19:20Z)

Free junior deluxe sandwiches on July 5

America's Birthday gift from Arby's: Free junior deluxe sandwiches on July 5 Arby's® Restaurants Nationwide Offer Sneak Preview of New Value Menu Item ATLANTA (June 29, 2010) – Get ready America. It's time for a ... (Source: Weekly 2010-06-29T20:45:25Z)

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

SAN FRANCISCO (MarketWatch) -- American International Group Inc. 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 2010-07-02T03:02:26Z)

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)

Arby's to giveaway Junior Deluxe sandwiches July 5

To celebrate the red, white and blue, Arby's is offering its new Junior Deluxe sandwich free, with any drink purchase, on July 5. "We're thrilled about adding the Junior Deluxe to the Arby's Value Menu," said Steve Davis, chief marketing officer for Arby's Restaurant Group. "The July ... (Source: QSR Web 2010-07-02T13:18:02Z)

Goldman CFO says firm lost money on risky deals

The finance chief of Goldman Sachs plans to tell a special panel investigation the financial crisis that his firm made mistakes ahead of the meltdown and was burned by losses on high-risk loans and mortgages. "We made ... (Source: AP - msnbc.com 2010-07-01T13:12:04Z)

AIG CEO and chairman to work out differences: source

NEW YORK (Reuters) - American International Group Inc ( Symbol : AIG/PA ) 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 their differences, a source familiar with the situation said on Thursday. That ... (Source: Inside Fidelity 2010-07-01T17:36:55Z)

Wild re-sign LW Latendresse

ST. PAUL, Minn. (AP) — The Minnesota Wild have re-signed left wing Guillaume Latendresse to a two-year contract. The team announced the deal on Thursday. Terms were not disclosed. Latendresse came over in a trade with Montreal and emerged as one of the team's best offensive players in the second ... (Source: FOX News 2010-07-01T17:58:24Z)

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)

Cash-strapped Greeks hit by new sales tax hike

ATHENS, Greece – Prices of consumer goods and services have risen overnight in Greece, as a new sales tax hike takes effect in an effort to boost government finances. It is the second VAT increase this year, following hike from 19 percent in March. Trading associations say they will try to limit ... (Source: YAHOO! 2010-07-01T16:11:01Z)

New consumer sales tax hike takes effect in cash-strapped Greece

ATHENS, Greece - Prices of consumer goods and services have risen overnight in Greece, as a new sales tax hike takes effect in an effort to boost government finances. The center-left government imposed the increase in ... (Source: Minneapolis Star Tribune 2010-07-01T10:41:45Z)

Uruguay advances on PKs

FINAL: A painful finish for Ghana, with the team's star, Asamoah Gyan, missing a penalty kick in the 120th minute after an intentional handball by Uruguay's Luis Suarez prevented a game-winning goal for Ghana. Then they ... (Source: St. Louis Post-Dispatch 2010-07-03T01:21:01Z)

Ghana falls to Uruguay in penalties

JOHANNESBURG — It's as stunning a defeat as seen in recent World Cups. Ghana had a chance to make soccer history but left Uruguay off the hook. In the end, Uruguay held their nerves defeating Ghana 2-1 on kicks from the penalty spot. Sebastian Abreau buried the fifth and last penalty kick to ... (Source: Canoe 2010-07-02T21:31:58Z)

American Airlines parent company claims worker data compromised

FORT WORTH, Texas (AP) - The parent company of American Airlines says the personal information of about 79,000 retirees, former and current employees that was held by the company's pension department has been ... (Source: WSLS.com 2010-07-02T19:58:54Z)

Greek Gamble: T-Bill Sale in July

ATHENS—Greece plans to issue between €4 and €4.5 billion ($4.95 billion and $5.57 billion) in Treasury bills early next month to roll over maturing short-term debt, a senior finance ministry official said Monday ... (Source: Wall Street Journal 2010-06-28T16:07:25Z)

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)

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)

Wild sign prospects Peters, Bagnall

ST. PAUL, Minn. -- The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The deals were announced Friday. Peters gets a two-year deal and Bagnall gets a one-year deal. Both players signed two-way contracts, meaning they make less money when they're in ... (Source: Forbes 2010-07-02T19:23:07Z)

Ahead of the Bell: Lions Gate downgraded

NEW YORK -- Shares of Lions Gate Entertainment Corp. are likely to slide without the support of Carl Icahn's offer to buy the movie company, a Jefferies & Co. analyst said Thursday as he cut his rating on the stock ... (Source: The Sun News 2010-07-01T14:23:39Z)

Minnesota Wild re-sign prospects Matt Kassian and Nate Prosser to 2-way contracts

ST. PAUL, Minn. (AP) — The Minnesota Wild have re-signed prospects Matt Kassian and Nate Prosser. The deals were announced Wednesday. Kassian, a left wing, got a two-year contract and Prosser, a defenseman, got a one ... (Source: Chicago Tribune 2010-07-02T19:15:57Z)

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