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 29, 2010, 10:40 am

Rio Tinto and Chinalco sign iron ore deal

Anglo-Australian mining company Rio Tinto PLC and China's state-owned Chinalco have signed a binding agreement to establish a joint venture to operate an iron ore project in Guinea in West Africa. London-based Rio Tinto ... (Source: AP - msnbc.com 2010-07-29T07:59:41Z)

Mets Hold Onto Niese as Phillies Near Oswalt Deal

It sounds more and more as if the Philadelphia Phillies will acquire Roy Oswalt from the Houston Astros, in a deal that will help them this year and possibly for two more. According to multiple reports , the ... (Source: New York Times Blogs 2010-07-29T16:56:33Z)

Bangladesh Raises Garment Workers' Pay

DHAKA, Bangladesh (AP) -- Bangladesh has raised minimum monthly wages for its millions of garment workers by about 80 percent after months of violent protests over poor pay and conditions, a government minister said. The ... (Source: Industrial Distribution 2010-07-29T15:16:21Z)

NFL: McCourty, Patriots' top pick, signs deal

First-round draft choice Devin McCourty, a cornerback from Rutgers, signed a five-year deal with the New England Patriots on Wednesday. The contract is worth $13.2 million with $7.825 million guaranteed ... (Source: Philadelphia Daily News 2010-07-29T07:02:25Z)

MLB Trade: Detroit Tigers Get Infield Help, Deal for Jhonny Peralta

Dombrowski decided to fill one of those needs on Wednesday by getting a third baseman. The Tigers acquired 3B Jhonny Peralta from the Cleveland Indians for minor league pitcher Giovanni Soto. According to ESPN.com's ... (Source: Bleacherreport.com 2010-07-29T15:02:02Z)

Bangladesh Raises Workers' Pay 80 Percent

(DHAKA, Bangladesh)—Bangladesh has raised minimum monthly wages for its millions of garment workers by about 80 percent after months of violent protests over poor pay and conditions, a government minister said Thursday ... (Source: Time 2010-07-29T16:49:24Z)

Carolina Panthers sign rookie QB Jimmy Clausen to four-year deal

Last season the Carolina Panthers went through some tough times as they really couldn't get anything going until season's end and saw the end of the Jake Delhomme era after failing to reach the playoffs. Not only did ... (Source: Belmont Sports News 2010-07-29T14:11:55Z)

Chalco to Pay $1.35 Billion to Join Rio in Guinea Iron Ore Mine

July 29 (Bloomberg) -- Aluminum Corp. of China Ltd., the nation's biggest producer of the metal, agreed to pay $1.35 billion for a stake in Rio Tinto Group's Simandou iron ore project in Guinea, making its ... (Source: BusinessWeek 2010-07-29T10:58:39Z)

Terrell Owens: The Experts Chime in on His Cincinnati Bengals Deal

The Bengals' signing of Terrell Owens has the media salivating over what is certain to be an entertaining upcoming season in Cincinnati. The news created an overwhelming reaction from media pundits nationwide, eager to ... (Source: Bleacherreport.com 2010-07-29T16:20:46Z)

AP Sources: Bengals reach deal with former Cowboy Terrell Owens

CINCINNATI (AP) — 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 ... (Source: Lubbock Avalanche-Journal 2010-07-28T12:25:44Z)

Consortium of investors to sell Playdom to Walt Disney Company

Jul 29, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- A consortium of venture investors has agreed to sell Playdom, Inc., a social gaming company, to The Walt Disney Company, a diversified ... (Source: TMCnet 2010-07-29T10:01:23Z)

Carolina Panthers reach deal with Clausen

SPARTANBURG, S.C. — The Carolina Panthers signed quarterback Jimmy Clausen to a four-year contract that includes $2.53 million in guarantees on Wednesday, ensuring they'll have no rookie holdouts for the ... (Source: Asheville Citizen-Times 2010-07-29T10:22:51Z)

No holdouts: Carolina Panthers reach 4-year deal with 2nd-round pick Jimmy Clausen

SPARTANBURG, S.C. The Carolina Panthers have come to terms with quarterback Jimmy Clausen on a four-year contract that includes $2.53 million in guarantees, ensuring they'll have no rookie holdouts at the ... (Source: FOX News 2010-07-28T12:54:22Z)

Rio Tinto, Chinalco Unit Ink Binding Deal For Simandou Iron Ore Project JV - Quick ...

(RTTNews) - Rio Tinto (RTP: News ,RIO.L: News ,RTPPF.PK: News ) and Chinalco's subsidiary Chalco signed a binding agreement to establish a joint venture or JV covering the development and operation of the Simandou iron ... (Source: RTT News 2010-07-29T08:28:19Z)

Disney buys social games maker Playdom in deal worth up to $763 million

The House of Mouse is getting into social gaming. The Walt Disney Co. announced a deal Tuesday to buy Mountain View's Playdom Inc., maker of social networking games like Sorority Life and Poker Palace. Disney ... (Source: Seattle Post Intelligencer 2010-07-27T22:13:54Z)

Telefónica gains control of Brazil's Vivo

Telefónica reached an agreement with Portugal Telecom to purchase 50% of Brasilcel held by the Portuguese operator. The entity to result from the Telesp-Vivo business combination, to which Telefónica will bring its ... (Source: Converge Network Digest 2010-07-29T14:54:52Z)

Bengals sign Terrell Owens

Get your popcorn ready, Cincinnati. The Bengals have agreed to terms on a one-year, $2 million deal that includes $2 million worth of incentive clauses, according to Pro Football Talk. Owens caught 55 passes ... (Source: YAHOO! 2010-07-27T22:21:03Z)

Continued: Indians deal 3B Jhonny Peralta to Tigers for minor league pitcher

ST. PETERSBURG, Fla. - The banged-up Detroit Tigers acquired third baseman Jhonny Peralta from the Cleveland Indians on Wednesday for minor league left-hander Giovanni Soto. Detroit also received cash ... (Source: Minneapolis Star Tribune 2010-07-29T13:36:08Z)

Patriots' Devin McCourty just second first-round draft pick to sign

FOXBOROUGH, Mass. (AP) — First-round draft choice Devin McCourty (FSY) signed a five-year deal with the New England Patriots on Wednesday as the team reached its goal of having all 12 picks under contract ... (Source: USA Today 2010-07-29T08:35:29Z)

NFL notes: Owens joining Bengals

Receiver Terrell Owens agreed to a contract with the Cincinnati Bengals yesterday and will report to training camp in a couple of days, a source familiar with the situation told The Associated Press . Players ... (Source: Richmond Times-Dispatch 2010-07-28T04:04:39Z)

Astros Await Oswalt's Decision On Phillies' Deal

The Philadelphia Phillies have been courting the Astros and Roy Oswalt for several weeks, and now they are on the verge of landing the Houston ace. Reports out of Philadelphia and the Houston Chronicle have details of ... (Source: msnbc.com 2010-07-29T16:42:14Z)

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

CINCINNATI (AP) — Receiver Terrell Owens agreed to a contract with the Cincinnati Bengals on Tuesday and will report to training camp in a couple of days, a person familiar with the situation told The ... (Source: Baltimore Sun 2010-07-27T23:32:38Z)

Cleveland Indians trade Jhonny Peralta to injury-plagued Detroit Tigers for pitching ...

Peralta was traded to the Detroit Tigers on Wednesday for minor-league pitcher Giovanni Soto . The Indians promoted infielder Luis Valbuena from Class AAA Columbus to take Peralta's spot on the roster. Peralta ... (Source: Cleveland Plain Dealer 2010-07-29T04:39:15Z)

Pats sign 1st-round draft pick McCourty of Rutgers

FOXBOROUGH — First-round draft choice Devin McCourty signed a five-year deal with the New England Patriots yesterday as the team reached its goal of having all 12 picks under contract by the start of training camp. The ... (Source: Salem News 2010-07-29T04:17:47Z)

Walt Disney Company to acquire Playdom

Jul 29, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- The Walt Disney Company, a diversified entertainment company, has agreed to acquire Playdom, Inc., a social gaming company, for up to $763.2 ... (Source: TMCnet 2010-07-29T10:01:23Z)

Bangladesh signs power transmission deal with India

AFP – A solar panel is seen at a house on the outskirts of Dhaka. Energy-hungry Bangladesh will begin importing … 5 mins ago DHAKA (AFP) – Energy-hungry Bangladesh will begin importing power from India ... (Source: YAHOO! 2010-07-27T07:54:54Z)

Telefonica to buy Brazil's Vivo after deal with PT

MADRID — 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: WRAL 2010-07-28T13:37:19Z)

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)

Phillies Near Deal to Get Roy Oswalt From Astros

Houston Astros starter Roy Oswalt delivers a pitch in the first inning of a baseball game against the Cincinnati Reds, Saturday, July 24, 2010, in Houston. (AP Photo/Pat Sullivan) The Phillies and Astros have ... (Source: FOX News 2010-07-29T17:03:43Z)

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

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 ($9.77 ... (Source: Huffingtonpost.com 2010-07-28T10:02:34Z)

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