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 27, 2010, 8:40 pm

ResCap Auction Advances, but Hurdles Remain

An auction of Ally Financial 's Residential Capital unit has advanced into the second round, with some would-be buyers circling the assets, but a sale of the mortgage lender still faces hurdles, Reuters reports ... (Source: New York Times Blogs 2010-07-26T22:29:24Z)

Continued: AP Sources: Bengals reach 1-year contract deal with WR Owens, uniting him ...

CINCINNATI - A year after they were featured on HBO's "Hard Knocks," the Bengals have scripted their own reality show. T.O. and Ocho. Two self-conscious stars, one NFL team. How will they fit? How will it work ... (Source: Minneapolis Star Tribune 2010-07-28T02:02:58Z)

Terrell Owens joining Cincinnati Bengals

The Bengals and Owens agreed to terms on a one-year contract, according to a league source. Owens will receive a base salary of $2 million. He can earn up to another $2 million in incentives. The deal won't be ... (Source: Cincinnati.com 2010-07-27T23:32:38Z)

Cardinals sign O'Brien Schofield to 4-year deal

The Arizona Cardinals have signed linebacker O'Brien Schofield, a fourth-round draft pick, to a four-year contract. Terms of the deal were not announced Tuesday. To make room on the roster, the Cardinals released tackle ... (Source: Salon 2010-07-28T00:44:13Z)

Resource America, Inc. to Evaluate Strategies for Enhancing Shareholder Value

PHILADELPHIA, PA -- 07/27/10 -- Resource America, Inc. (NASDAQ: REXI) (the "Company") announces today that its Board of Directors has formed a Special Committee, consisting entirely of independent directors ... (Source: Earthtimes 2010-07-27T14:28:36Z)

Apple to expand iPhone sales on July 30

NEW YORK (Reuters) - Apple Inc said on Monday its popular iPhone 4 model will go on sale in an additional 17 countries on Friday, July 30. The newest version of iPhone went on sale in France, Germany, Japan, the United ... (Source: Yahoo Finance 2010-07-26T14:08:19Z)

Blago attorney: He's a talker, not a criminal

CHICAGO — Rod Blagojevich is insecure, he talks a lot, and he's a bad judge of character — but he is not a criminal, the ousted Illinois governor's defense attorney told jurors Tuesday at his ... (Source: Standard-Times 2010-07-28T02:53:04Z)

UPDATE 2-Teva Pharm Q2 profit beats estimates, sales in line

TEL AVIV, July 27 (Reuters) - Teva Pharmaceutical Industries ( TEVA.O ), the world's largest generic drugmaker, reported higher quarterly net profit, boosted by strong sales of generic medicines and branded ... (Source: Reuters 2010-07-27T11:58:17Z)

AP: Bengals reach deal with T.O., would join forces with Ochocinco

CINCINNATI — A year after they were featured on HBO's "Hard Knocks," the Cincinnati Bengals have scripted their own reality show. T.O. and Ocho. Two self-conscious stars, one NFL team. How will they fit ... (Source: Courier-Journal 2010-07-28T02:53:04Z)

Attorneys offer competing portraits of Blagojevich

CHICAGO – Two portraits of Illinois' disgraced former governor emerged Tuesday from his corruption trial: An insecure bumbler who talked too much and a greedy, smart political schemer determined to use his ... (Source: Olympian 2010-07-27T22:35:22Z)

Chevy Volt vs. Nissan Leaf: the electric car price war

After more than three years of buzz and critics' skepticism, General Motors on Tuesday finally put on sale the Chevrolet Volt – the company's first plug-in hybrid electric car that many say represents GM's future ... (Source: The Christian Science Monitor 2010-07-27T21:23:47Z)

Diego Maradona out as Argentina's soccer coach after 21 erratic months on the job

BUENOS AIRES, Argentina (AP) — Diego Maradona was removed as Argentina's soccer coach Tuesday, his stay ending after nearly two years on the job and a humiliating exit in the World Cup quarterfinals. The ... (Source: Chicago Tribune 2010-07-27T23:11:10Z)

EXCLUSIVE-UPDATE 2-ResCap auction advances but hurdles remain

July 26, 2010 * MetLife, PennyMac & BlackRock, Centerbridge among suitors * Blackstone no longer seriously looking at ResCap * Ally Financial hopes to close deal by year-end (Adds details of auction process ... (Source: FOXBusiness 2010-07-26T22:58:02Z)

UPDATE 1-Apple to expand iPhone sales on July 30

NEW YORK (Reuters) - Apple Inc said Monday its popular iPhone 4 model will go on sale in an additional 17 countries on Friday, July 30. The newest version of iPhone went on sale in France, Germany, Japan, the ... (Source: FOXBusiness 2010-07-26T15:12:44Z)

Arizona Cardinals sign LB O'Brien Schofield

TEMPE, Ariz. - The Arizona Cardinals have signed linebacker O'Brien Schofield, a fourth-round draft pick, to a four-year contract. Terms of the deal were not announced Tuesday. To make room on the roster, the Cardinals ... (Source: Metronews.ca 2010-07-28T01:41:29Z)

GM to sell Volt electric car at higher price than Nissan Leaf, but lease plans cost ...

DETROIT (AP) — General Motors Co. said Tuesday its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. While the price is about $8,000 more than its closest rival, the Nissan Leaf, GM said ... (Source: Baltimore Sun 2010-07-27T22:06:44Z)

Terrell Owens Signs with Cincinnati Bengals – Possible $2 Million Deal Underway

Terrell Owens Signs with Cincinnati Bengals – Rumor has it that Terrell Owens has signed a $2 million deal for a year stint with the Cincinnati Bengals. Owens would be the latest big name to join Cincy ... (Source: Gather.com 2010-07-28T01:41:29Z)

Bengals Reach Deal With Owens

The Bengals were his first choice, giving him a chance to team with close friend Chad Ochocinco, who has already dubbed the pair Batman and Robin. The Bengals made an offer on Monday, and Owens accepted a day later. ... (Source: The Ledger 2010-07-28T03:00:14Z)

Diego Maradona's Tenure as Argentina Soccer Coach Ends on Rift Over Staff

Diego Maradona 's tenure as Argentina coach ended yesterday when the country's soccer association decided against renewing his contract because he wasn't prepared to accept changes to his staff. The Argentine ... (Source: Bloomberg 2010-07-28T03:14:32Z)

Diego Maradona is out as manager of Argentina | Soccer

Soccer Maradona's contract won't be renewed: Diego Maradona, one of the greatest players of all time, was given the boot as manager of Argentina before he could resign. The Argentine Football Association, which ... (Source: Seattle Times 2010-07-28T02:31:36Z)

Exclusive: ResCap auction advances but hurdles remain

NEW YORK (Reuters) - An auction of Ally Financial's Residential Capital has advanced into the second round, with some would-be buyers circling the assets, but a sale of the mortgage lender faces hurdles ... (Source: Reuters 2010-07-26T21:32:08Z)

Terrell Owens Helps Cincinnati Bengals' Arsenal, Improves AFC North Odds

Terrell Owens has tried everything to get into the spotlight. Sideline outbursts—VH1 shows—Throwing teammates under the bus. So it comes as no surprise that NFL fans have lost a lot of respect for him since his glory ... (Source: Bleacherreport.com 2010-07-28T02:31:36Z)

Apple to expand iPhone sales

NEW YORK - Apple Inc said on Monday its popular iPhone 4 model will go on sale in an additional 17 countries on Friday, July 30. The newest version of iPhone went on sale in France, Germany, Japan, the United Kingdom ... (Source: Business Spectator 2010-07-26T16:31:29Z)

Attorneys offer competing portraits of Rod Blagojevich

CHICAGO (AP) -- Two portraits of Illinois' disgraced former governor emerged Tuesday from his corruption trial: An insecure bumbler who talked too much and a greedy, smart political schemer determined to use his power to ... (Source: KSDK 2010-07-27T22:49:41Z)

Comparing Nissan Leaf, Chevy Volt electric cars

NEW YORK – Nissan's new electric car will cost just over $25,000 when it goes on sale in the U.S. in December, aiming to bring gasoline-free technology within reach of mainstream drivers. The Leaf, a four ... (Source: Tacoma News Tribune 2010-07-27T22:42:32Z)

Resource America (REXI) to Evaulate Strategic Alternatives; May Consider ...

Resource America, Inc. (NASDAQ: REXI ) announces today that its Board of Directors has formed a Special Committee, consisting entirely of independent directors, to identify and evaluate strategic alternatives for the ... (Source: StreetInsider.com 2010-07-27T13:59:58Z)

Cardinals sign O'Brien Schofield to 4-year deal

(AP) TEMPE, Ariz. - The Arizona Cardinals have signed linebacker O'Brien Schofield, a fourth-round draft pick, to a four-year contract. Terms of the deal were not announced Tuesday. To make room on the roster, the ... (Source: KSTP 2010-07-27T11:01:01Z)

M&A Navigator: Deal pipeline - 27 July

(M&A Navigator Via Acquire Media NewsEdge) The following is a list a of deals covered in detail by M&A Navigator this week: - KAZAKHGOLD SHAREHOLDERS CLEAR REVERSE TAKEOVER OF POLYUS GOLD Gold miner KazakhGold ... (Source: TMCnet 2010-07-28T00:15:35Z)

Teva Profits Up 53%; Copaxone Sales Rise

JERUSALEM (TheStreet) -- Teva Pharmaceutical , the world's No. 1 maker of generic drugs, said second-quarter earnings rose 53% as sales of Copaxone, Teva's multiple sclerosis treatment, increased 13%. Teva, in a ... (Source: Inside Fidelity 2010-07-27T10:18:04Z)

Resource America considering sale, other alternatives

Asset manager Resource America Inc. said Tuesday that it is evaluating strategic alternatives that could include selling the company and simplifying its business. The Philadelphia-based company (NASDAQ:REXI ... (Source: Philadelphia Business Journal 2010-07-27T20:05:03Z)

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