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, 3:40 pm

Aetna, CVS Caremark Agree To 12-Year Deal

Aetna and CVS Caremark have entered into a 12-year contract to administer the Hartford health insurer's pharmacy drug program. It means lower-priced prescriptions for customers when they use CVS pharmacies. "They also ... (Source: Hartford Courant (blog) 2010-07-29T11:55:55Z)

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)

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)

Roy Oswalt Traded to Philadelphia Phillies; Will Oswalt Waive No-Trade Clause?

Roy Oswalt has been traded to the Philadelphia Phillies. For the Roy Oswalt trade to become official, Oswalt must now accept the deal, and leave behind the Houston Astros for greener pastures out east. Oswalt ... (Source: Associated Content 2010-07-29T20:16:59Z)

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)

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)

Telefonica, Portugal Telecom Agree on Vivo Stake; Oi Deal Seen

July 28 (Bloomberg) -- Telefonica SA reached an initial agreement to buy Portugal Telecom SGPS SA's stake in Brazil's Vivo Participacoes SA after raising its bid a third time to 7.5 billion euros ($9.8 ... (Source: BusinessWeek 2010-07-28T09:41:05Z)

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)

McCourty signs with Patriots

The New England Patriots have signed first-round draft pick Devin McCourty. Terms of the deal for the former Rutgers cornerback were not disclosed, but the Boston Globe reported it to be a five-year pact. The ... (Source: Kansas City Star 2010-07-28T23:45:46Z)

Royals trade Podsednik to Dodgers

San Diego — The Los Angeles Dodgers acquired outfielder Scott Podsednik from the Kansas City Royals for a pair of minor leaguers Wednesday night, trying to boost their chances in the NL West. Ed Zurga/AP ... (Source: LJWORLD 2010-07-29T18:15:18Z)

Rio Tinto and Chinalco sign iron ore deal

LONDON (AP) -- Anglo-Australian mining company Rio Tinto PLC and China's state-owned Chinalco have set aside recent tensions and agreed Thursday to establish a joint venture to operate an iron ore project in Guinea, in ... (Source: Yahoo Finance 2010-07-29T12:10:14Z)

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)

Roy Oswalt to be traded from Astros to Phillies

PHILADELPHIA (AP) -- A person with knowledge of the deal says Houston ace Roy Oswalt has agreed to waive his no-trade clause and accept a swap to the Philadelphia Phillies. The person aware of the trade told The ... (Source: WRDW-TV 2010-07-29T19:34:02Z)

Aetna, Caremark Agree To 12-Year Deal

Aetna and CVS Caremark have entered into a 12-year contract to administer the Hartford health insurer's pharmacy drug program. The deal will mean lower-prices for Aetna's corporate customers, which could then ... (Source: Hartford Courant 2010-07-29T15:59:17Z)

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)

Report: Rookie Linebacker Rolando McClain Agrees To Deal With Raiders

Rookie linebacker Rolando McClain agreed to a deal with the Oakland Raiders late last night. This happened hours before the team started their first training camp practice. McClain was the eighth overall pick in the 2010 ... (Source: Bleacherreport.com 2010-07-29T17:10:52Z)

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)

Oakland Raiders Sign Rolando McClain to Five-Year Deal

Rolando McClain signed with the Oakland Raiders late last night. The Oakland Raiders signed Rolando McClain for $40 million over the next five years, with $23 million of the contract being guaranteed ... (Source: Associated Content 2010-07-29T18:00:59Z)

Seeing Red: Roy Oswalt Won't Improve Philadelphia Phillies' Playoff Odds

It's now official. Houston Astros' ace Roy Oswalt plans to waive his no-trade clause, allowing a deal that would send him to the Philadelphia Phillies for J.A. Happ, and prospects Anthony Gose and Jonathan Villar. Most ... (Source: Bleacherreport.com 2010-07-29T21:07:06Z)

Podsednik is a quick fix for Dodgers

SAN DIEGO — The Los Angeles Dodgers made a deal with three days remaining until the non-waiver trade deadline, adding not any of the pitchers they are targeting but a player General Manager Ned Colletti called a ... (Source: Stamford Advocate 2010-07-29T21:28:34Z)

CVS Caremark announces multibillion deal with Aetna, says profit slid 7 percent in ...

NEW YORK (AP) — CVS Caremark Corp. Wednesday reported weaker quarterly earnings and lowered its profit forecast, but shares rose as investors approved of a large pharmacy benefit management services contract struck ... (Source: Chicago Tribune 2010-07-28T17:26:23Z)

Raiders sign first-round pick Rolando McClain

NAPA, Calif. (AP) - The Oakland Raiders have signed first-round pick Rolando McClain hours before the start of their first training camp practice. The team announced the deal with the middle linebacker late ... (Source: Findlaw.com 2010-07-29T15:02:02Z)

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

Spain's Telefonica says it has reached an agreement with Portugal Telecom to acquire a controlling share in Vivo, Brazil's largest cell phone company. Telefonica's statement Wednesday with market regulators gave no ... (Source: AP - msnbc.com 2010-07-28T07:53:43Z)

UPDATE: Lawyers for Rangel, ethics committee reach deal

WASHINGTON -- People familiar with the talks say representatives of New York Democrat Charles Rangel and lawyers for the House ethics committee have reached a plea deal in his ethics case. However, committee members have ... (Source: WRGB 2010-07-29T19:12:34Z)

Lawyers for Rep. Charles Rangel, House ethics committee reach deal, but panel itself ...

LARRY MARGASAK and LAURIE KELLMAN, Associated Press Writers WASHINGTON -- People familiar with the talks say representatives of New York Democrat Charles Rangel and lawyers for the House ethics committee have ... (Source: Cleveland Plain Dealer 2010-07-29T19:34:02Z)

Chinalco, Rio Tinto Ink Deal on Iron-Ore Project

BEIJING—Chinese state-owned company Aluminum Corp. of China, or Chinalco, and Anglo-Australian miner Rio Tinto PLC sealed a deal on the joint development of an iron-ore project in Guinea. Under the deal ... (Source: Wall Street Journal 2010-07-29T18:51:05Z)

Dodgers acquire Scott Podsednik from Royals

Reporting from San Diego — The Dodgers made a deal with three days remaining until the non-waiver trade deadline, adding not any of the pitchers they are targeting but a player General Manager Ned Colletti ... (Source: Hartford Courant 2010-07-29T13:07:30Z)

Lawyers for Rep. Charles Rangel, House ethics committee reach plea deal; no committee ...

WASHINGTON (AP) — People familiar with the talks say representatives of New York Democrat Charles Rangel and lawyers for the House ethics committee have reached a plea deal in his ethics case. However ... (Source: Baltimore Sun 2010-07-29T20:02:40Z)

Panthers Reach Deal with Jimmy Clausen

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 start of training camp ... (Source: Chicago Tribune 2010-07-29T19:41:12Z)

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)

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