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, 8:39 am

Ilya Kovalchuk's $102 million deal headed to arbitration

The NHL has refused to approve the contract, claiming it is an attempt by the Devils to circumvent the league's salary cap. "The NHLPA has filed a grievance disputing the NHL's rejection of the standard player ... (Source: Today's Zaman 2010-07-28T08:00:52Z)

UPDATE:Yahoo Downplays, Microsoft Blasts Yahoo Japan Deal With Google

SAN FRANCISCO -(Dow Jones)- Yahoo Inc. (YHOO) said plans to roll out its global search alliance with Microsoft Corp. (MSFT) wouldn't be affected by affiliate Yahoo Japan Corp.'s (4689.TO) decision Tuesday to team up with ... (Source: NASDAQ 2010-07-27T22:21:03Z)

Tour winner Contador to leave Astana

AFP - Tour de France winner Alberto Contador will leave Astana at the end of this season after he rejected the team's offer to extend his contract, the Spaniard's spokesman announced on Wednesday. Contador ... (Source: France 24 2010-07-28T12:54:22Z)

Terrell Owens' TV show outdrawn by reality show of new teammate Chad Ochocinco

Terrell Owens and Chad Ochocinco may be Cincinnati Bengals teammates now , but the competition between the two goes on -- on TV. Both have reality shows on VH1, and Ochocinco's is drawing more viewers. The ... (Source: USA Today 2010-07-28T15:17:32Z)

Telefonica Clinches Deal to Buy Brazil's Vivo

MADRID (Reuters) - Spain's Telefonica appears to have won its long battle for a bigger share of the Brazilian market after raising its offer for Portugal Telecom's stake in mobile operator Vivo to 7.5 billion ... (Source: ABC News 2010-07-28T11:21:18Z)

Hess to buy American Oil & Gas in all-stock deal worth about $450 million

NEW YORK (AP) — Hess Corp. on Wednesday said it will buy independent operator American Oil & Gas Inc. in an all-stock deal worth about $450 million intended to increase the company's holdings in oil fields ... (Source: Los Angeles Times 2010-07-28T14:13:06Z)

Procter & Gamble is latest global Olympic sponsor

The world's largest consumer products company signed on as a global Olympic sponsor Wednesday, the second multi-million-dollar marketing deal this month for the International Olympic Committee. IOC president Jacques ... (Source: Forbes 2010-07-28T13:08:41Z)

BMW, USOC make 6-year sponsorship deal official

Dow Chemical signed on as a global Olympic sponsor Friday with a 10-year deal that gives a financial boost to the international and U.S. Olympic bodies. The International Olympic Committee announced the ... (Source: Fresno Bee 2010-07-25T23:56:29Z)

Gov. Deval Patrick says a "chasm" remains on gambling bill

B OSTON - Gov. Deval Patrick said Tuesday that a "chasm" remains between House and Senate leaders trying to work out an expanded gambling compromise and time is running out for them to reach a deal. The governor also ... (Source: Boston Herald 2010-07-28T00:15:35Z)

Telefonica to buy Brazil's Vivo after deal with PT

Spain's Telefonica says it will acquire control of Brazil's largest cell phone operator, Vivo, in a newly sweetened euro7.5 billion ($9.77 billion) deal with Portugal Telecom. Telefonica and PT both said ... (Source: Salon 2010-07-28T13:37:19Z)

NHL rejects Ilya Kovalchuk's 17-year deal with New Jersey Devils

NHL NHL rejects Kovalchuk's 17-year deal: The NHL rejected Ilya Kovalchuk's landmark 17-year, $102 million contract with the New Jersey... NHL rejects Kovalchuk's 17-year deal: The NHL rejected Ilya Kovalchuk ... (Source: Seattle Times 2010-07-21T03:37:10Z)

IOC announces sponsorship deal with consumer products giant Procter & Gamble

LONDON - The world's largest consumer products company signed on as a global Olympic sponsor Wednesday, the second multi-million-dollar marketing deal this month for the International Olympic Committee. IOC ... (Source: St. John's Telegram 2010-07-28T12:40:03Z)

Digest: NHL reportedly rejects Ilya Kovalchuk's 17-year, $102 million deal with New Jersey Devils ...

A person familiar with the issues raised says the NHL is rejecting Ilya Kovalchuk's 17-year, $102 million free-agent contract with New Jersey because it circumvents the league's salary cap. Speaking on ... (Source: Inside Bay Area 2010-07-21T04:27:16Z)

BAE, Rolls Royce sign jet deal with India-Cameron

BANGALORE India, July 28 (Reuters) - BAE Systems ( BAES.L ) and Rolls Royce ( RR.L ) will supply India with 57 Hawk trainer jets in a deal worth around 700 million sterling ($1.09 billion), British Prime Minister David ... (Source: Reuters 2010-07-28T09:55:24Z)

AP Source: Bengals reach contract deal with WR Terrell Owens, uniting him with Chad ...

The Cincinnati Bengals have agreed to a contract with receiver Terrell Owens, who is expected to report to training camp in a couple of days, a person familiar with the situation tells The Associated Press ... (Source: FOX News 2010-07-27T22:35:22Z)

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

In this July 25, 2009, photo, Buffalo Bills' Terrell Owens pauses during NFL football training camp in Pittsford, N.Y. Cincinnati Bengals owner Mike Brown is trying to bring receiver Terrell Owens aboard. Brown said ... (Source: KTLA.com 2010-07-28T01:55:48Z)

Yahoo Japan and Google team up

TOKYO — Yahoo Japan Corp. will use Google technology to run its search engine and search ad delivery system, after a similar deal in the United States was derailed by regulators concerned about a monopoly ... (Source: Boston Globe 2010-07-28T11:35:37Z)

Hess buys American Oil & Gas in $450M stock deal

Hess Corp. on Wednesday said it will buy independent operator American Oil & Gas Inc. in an all-stock deal worth about $450 million intended to increase the company's holdings in oil fields in North Dakota. Hess said it ... (Source: AP - msnbc.com 2010-07-28T14:13:06Z)

Patrick says a 'chasm' remains on gambling bill

BOSTON (AP) — Gov. Deval Patrick said yesterday that a "chasm" remains between House and Senate leaders trying to work out an expanded gambling compromise and time is running out for them to reach a deal. The governor ... (Source: Eagle-Tribune 2010-07-28T12:18:34Z)

Alberto Contador to leave Astana at end of 2010

MADRID (AP) — Tour de France winner Alberto Contador will leave Astana at the end of this season after the Spanish cyclist rejected the team's offer to extend his contract. Contador said Wednesday he will ... (Source: USA Today 2010-07-28T13:23:00Z)

Telefonica: new deal with PT to buy Brazil's Vivo

(AP) MADRID - Telefonica said Wednesday it has reached an initial agreement with Portugal Telecom to acquire a controlling share in Vivo, Brazil's largest cell phone company, for a reported euro7.5 billion ... (Source: WNYT 2010-07-28T14:05:57Z)

Yahoo Japan to use Google engine

Yahoo Japan, which currently uses Yahoo Inc's search technology, and Google together would control almost all of the search market in the world's second-biggest economy. The deal stands in stark contrast to the ... (Source: Today's Zaman 2010-07-28T13:30:09Z)

Patrick says 'chasm' remains on gambling bill

BOSTON (AP) — Gov. Deval Patrick said Tuesday that a "chasm" remains between House and Senate leaders trying to work out an expanded gambling compromise and time is running out for them to reach a deal. The governor ... (Source: Eagle-Tribune 2010-07-28T12:18:34Z)

British Prime Minister in India Seeking Business, Trade Deals

British Prime Minister David Cameron chose the information technology hub of Bangalore to start a visit which he hopes "drives our economic growth upwards and our unemployment figures downwards." The British leader made ... (Source: Voice of America 2010-07-28T13:51:38Z)

City Brights: Zennie Abraham : Terrell Owens with Chad Ochocinco at Bengals brings ...

After a five-team race, Terrell Owens, the six-time Pro Bowl selection, becomes a Cincinnati Bengals player. In joining the Bengals, he's paired with his good friend Chad Ochocinco, making what has to be the ... (Source: San Francisco Gate 2010-07-28T15:10:22Z)

Bengals reach deal with WR Terrell Owens

Cincinnati Bengals owner Mike Brown is trying to bring receiver Terrell Owens aboard. Brown said Monday, July 26, 2010, that the team is discussing a contract with Owens' agent, Drew Rosenhaus. Owens worked out for the ... (Source: Washington Examiner 2010-07-28T02:53:04Z)

Alberto Contador to leave Astana

Alberto Contador will leave Astana at the end of this year (AFP/Getty Images) Tour de France winner Alberto Contador will leave Astana at the end of this season after he rejected the team's offer to extend his contract ... (Source: BikeRadar.com 2010-07-28T13:51:38Z)

Bengals reach contract deal with WR Terrell Owens, uniting him with Chad Ochocinco

CINCINNATI (AP) — The Cincinnati Bengals have agreed to a contract with receiver Terrell Owens , who is expected to report to training camp in a couple of days, a person familiar with the situation tells The Associated ... (Source: Allentown Morning Call 2010-07-27T23:39:48Z)

Hess (HES) Acquires American Oil & Gas (AEZ) In All Stock Deal

Hess Corporation (NYSE: HES ) announced a deal to acquire American Oil & Gas Inc. (AMEX: AEZ ), increasing Hess' strategic acreage position in the Bakken oil play in North Dakota by approximately 85,000 net acres. Under ... (Source: StreetInsider.com 2010-07-28T10:52:40Z)

British PM pitches for jobs, trade in India

BANGALORE, India (AFP) – British Prime Minister David Cameron kicked off a much-hyped visit to India Wednesday, pitching for investment and open trade to boost Britain's fragile post-recession recovery. In a ... (Source: YAHOO! 2010-07-28T14:05:57Z)

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