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 28, 2010, 3:39 pm

GM to sell electric Chevy Volt for $41,000

DETROIT -- General Motors Co. said Tuesday its Chevrolet Volt electric car will start at $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 will ... (Source: Santa Rosa Press Democrat 2010-07-28T17:04:54Z)

Biz Break: Leaf vs. Chevy Volt: Nissan, GM in electric-car battle

Today: GM and Nissan reveal more sales and price details for the electric Leaf and Volt. Solar upstart Solyndra replaces its CEO. Apple unveils new Macs and other products. Leaf vs. Volt General Motors today ... (Source: San Jose Mercury News 2010-07-27T20:12:12Z)

Fitch Downgrades ProLogis' IDR To 'BB'; Outlook Negative - Quick Facts

(RTTNews) - Fitch Ratings said Wednesday that it has downgraded ProLogis' (PLD: News ) long-term Issuer Default Rating to 'BB' from 'BBB'. The Rating Outlook remains Negative. Given the limited likelihood of significant ... (Source: RTT News 2010-07-28T19:35:14Z)

Ansel's Heirs Negative About Lost Pictures Discovery

It's an antique collector's dream: buying an old box at a garage sale and discovering it contains famous lost works worth a fortune. That's what Rick Norsigian said happened to him. Ten years ago, the Fresno painter ... (Source: NBC Bay Area 2010-07-28T21:29:45Z)

$45 Garage Sale Buy of Ansel Andams Negatives Worth $200 Million

(CBS) -- A Beverly Hills, Calif., art appraiser has estimated that 65 glass negatives a painter bought at a garage sale a decade ago for $45 were taken by famous photographer Ansel Adams and are worth around $200 ... (Source: WLTX.com 2010-07-27T18:10:31Z)

Diego Maradona Axed As Argentina Coach

Diego Maradona's time as Argentina coach was brought to an abrupt end. It has been just three and a half weeks since they were humiliated in the World Cup Quater finals by Germany 4-0. The Argentine Football Association ... (Source: Bleacherreport.com 2010-07-28T17:55:01Z)

Fitch Rates McDonald's $750MM Note Issuance 'A'; Outlook Stable

McDonald's current ratings are as follows: --Long-term Issuer Default Rating (IDR) 'A'; --Bank credit facility 'A'; --Senior unsecured debt 'A'; --Short-term IDR 'F1'; --Commercial Paper 'F1'. The Rating ... (Source: Newsblaze.com 2010-07-28T22:05:33Z)

Truck driver jailed for trying to sell Ritz

An unemployed British truck driver is to spend five years in prison for trying to sell London's Ritz Hotel for nearly $390 million. Anthony Lee was convicted of obtaining a $1.5 million deposit by deception earlier this ... (Source: ABC Online 2010-07-28T11:28:28Z)

Diego Maradona says Carlos Bilardo 'betrayed' him

(AP) — BUENOS AIRES, Argentina - Diego Maradona says the decision to no longer coach Argentina was not made by him and accused national team director Carlos Bilardo of betrayal. Speaking for the first time since ... (Source: LehighValleyLive.com 2010-07-28T21:36:55Z)

Adams heirs skeptical of lost negatives claim

BEVERLY HILLS, Calif. – It's an antique collector's dream: buying an old box at a garage sale and discovering it contains famous lost works worth a fortune. That's what Rick Norsigian said happened to him. Ten ... (Source: Fort Wayne Journal Gazette 2010-07-28T18:02:10Z)

Oldest twitterer dies, age 104

Ivy Bean, who became an online celebrity as the oldest known user of micro-blogging site Twitter, has died at the age of 104. Pat Wright, manager of the care home where she lived in Bradford, northern England, says Bean ... (Source: Stuff 2010-07-28T19:35:14Z)

John West in €680m Thai sale

The UK's leading canned fish brand, John West, was set to fall into Thai hands today following a €680m deal. Private equity firm Trilantic Capital Partners has agreed to sell the brand's owner, MW Brands, to ... (Source: Ireland On-Line 2010-07-28T10:24:02Z)

BP aims for quick well kill; RIL, Essar eye asset sales

HOUSTON/MIAMI (Reuters) - BP Plc( BP.N )( BP.N ) may permanently shut the well that caused the worst off-shore oil spill in U.S. history as early as Monday, the company said as speculation grew over assets it might sell ... (Source: Reuters India 2010-07-28T21:01:08Z)

UPDATE 3-Thai tuna firm TUF hooks big one with MW Brands buy

July 28, 2010 * Buying John West owner MW Brands for $884 million * Says to become the world's biggest seafood firm * Sales from European units will now make up third of total * Funding for the acquisition comes ... (Source: FOXBusiness 2010-07-28T09:41:05Z)

BP aims for quick well kill; weighs asset sales

HOUSTON/MIAMI (Reuters) - BP Plc may permanently shut the well that caused the worst off-shore oil spill in U.S. history as early as Monday, the company said as speculation grew over assets it might sell to cover ... (Source: star.com.my 2010-07-28T21:44:04Z)

Ritz hotel not for sale

A judge sentenced a con man to five years in jail Tuesday after he was convicted of trying to sell London's famed Ritz hotel for $390 million US (300 million euros). Anthony Lee, a 49-year-old unemployed truck driver ... (Source: The Province 2010-07-28T14:20:16Z)

Lawyer: Negatives verified as Ansel Adams' work

BEVERLY HILLS, Calif. — A trove of old glass negatives bought at a garage sale for $45 has been authenticated as the lost work of famed nature photographer Ansel Adams and is worth at least $200 million, an ... (Source: Lubbock Avalanche-Journal 2010-07-28T11:35:37Z)

'World's oldest tweeter' Ivy Bean dies at 104

LONDON — Ivy Bean, who became an online celebrity as the oldest known user of micro-blogging site Twitter, has died at the age of 104. Pat Wright, manager of the care home where she lived in Bradford, northern England ... (Source: Santa Rosa Press Democrat 2010-07-28T17:12:04Z)

MGM leaving Borgata stake

ATLANTIC CITY, N.J. — MGM Resorts International has sold land under Atlantic City's Borgata Hotel Casino & Spa to Vornado Realty Trust and Geyser Holdings for $73 million. The sale covers just over 11 acres ... (Source: Denver Post 2010-07-28T06:56:27Z)

Diego Maradona says he'll stay as Argentina coach if AFA allows him to keep his ...

Diego Maradona says he'll stay on as coach of Argentina if he's able to keep his entire staff. Hours before a meeting with Argentine Football Association president Julio Grondona, Maradona laid out his ... (Source: FOX News 2010-07-26T14:01:10Z)

Glass negatives bought at garage sale for $45 verified as Ansel Adams' work

Beverly Hills, Calif. — A trove of old glass negatives bought at a garage sale for $45 have been authenticated as the lost work of famed nature photographer Ansel Adams and are worth at least $200 million ... (Source: LJWORLD 2010-07-28T16:14:48Z)

Ritz Hotel Hoax Lands Man In Jail

A 49 year old British man has been jailed for plotting a scheme to sell the London Ritz Hotel. Anthony Lee of North Yorkshire was jailed for having a man by the name of Terrence Collins to give him 1 milliion ... (Source: Overthelimit.info 2010-07-28T13:37:19Z)

Garage Sale Find: Ansel Adams Lost Work

A lawyer says a trove of old glass negatives bought in California for $45 has been authenticated as the work of iconic photographer Ansel Adams, worth at least $200 million. Attorney Arnold Peter says a team of experts ... (Source: KAKE TV 2010-07-28T16:43:26Z)

Fitch: Motorola's 'BBB-/F3' IDR Unaffected By Sale of Networks Business

--Short-term IDR and commercial paper program 'F3'. The Rating Outlook is Negative. Pro forma for the results of the recently concluded tender offer, Motorola's total debt was $4.9 billion, including the ... (Source: Earthtimes 2010-07-19T13:47:59Z)

Thai tuna firm reels in MW Brands for US$884m

BANGKOK: Thai Union Frozen Products pcl, the owner of the "Chicken of the Sea" canned tuna brand, said yesterday it would buy MW Brands Holdings SAS for US$884 million (US$1 = RM3.19) to become the world's biggest ... (Source: Business Times Malaysia 2010-07-28T18:02:10Z)

MGM RESORTS INTERNATIONAL SELLS LAND UNDER BORGATA IN $73 MILLION DEAL

ATLANTIC CITY, N.J.-- MGM Resorts International has sold its land under Atlantic City's Borgata Hotel Casino & Spa to Vornado Realty Trust and Geyser Holdings for $73 million. The sale covers just over 11 acres and ... (Source: NBC40.NET 2010-07-28T02:53:04Z)

Oil spill hits 100 days as BP tees up asset sale

LONDON: A day after BP said it would sell $30 billion in assets to pay for its Gulf of Mexico oil spill, the focus shifted to what is for sale, while lawyers prepared to tackle a mountain of claims for damages. Just 24 ... (Source: Economic Times 2010-07-28T17:12:04Z)

Ivy Bean, online phenomenon considered world's oldest Twitter user, dies at 104

LONDON (AP) — Ivy Bean, who became an online celebrity as the oldest known user of micro-blogging site Twitter, has died at the age of 104. Pat Wright, manager of the care home where she lived in Bradford ... (Source: FOX News 2010-07-28T16:57:45Z)

GM's Volt to sell for $41K, lease for $350 a month

DETROIT — General Motors Co. said Tuesday its Chevrolet Volt electric car will start at $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 will ... (Source: News-Sentinel 2010-07-28T14:13:06Z)

MGM Resorts International Announces Sale Of Atlantic City Land Leased To Borgata To ...

LAS VEGAS , July 27 /PRNewswire-FirstCall/ --MGM Resorts International (NYSE: MGM) announced today that it has recently reached an agreement to sell four long-term ground leases and their respective ... (Source: Street.Com 2010-07-27T21:52:25Z)

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