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, 6:40 pm

Bengals make offer to Terrell Owens

Much like they were in March, the Bengals are in a one-team race Terrell Owens. The Bengals have extended an offer to Owens, which is now the only one on the table after the Rams decided to back out. Owens and ... (Source: Cincinnati.com 2010-07-26T21:32:08Z)

Hertz says reviewing Avis' offer for Dollar Thrifty

BANGALORE (Reuters) - Hertz Global Holdings Inc (NYSE: HTZ - News ) is reviewing Avis Budget Group Inc's (NYSE: CAR - News ) bid for Dollar Thrifty Automotive Group (NYSE: DTG - News ), a company spokesperson told ... (Source: Yahoo Finance 2010-07-29T13:00:20Z)

Biz Break: Kindle vs. iPad? Is it a competition? Plus: Droid vs. iPhone

Today: Amazon is improving its Kindle e-reader and offering a $139 entry-level version. Softbank has confirmed a $150 million investment in Zynga, and the two companies will take Zynga's games to Japan. Gadget ... (Source: San Jose Mercury News 2010-07-29T20:45:37Z)

UPDATE 4-Sanofi to make formal Genzyme offer - sources

PHILADELPHIA (Reuters) - France's Sanofi-Aventis plans to make a formal offer of up to $18.7 billion for Genzyme after its informal overture failed to strike interest, sources familiar with the situation said ... (Source: FOXBusiness 2010-07-29T00:00:05Z)

Sanofi to make formal Genzyme offer

PHILADELPHIA (Reuters) - France's Sanofi-Aventis ( SASY.PA ) plans to make a formal offer of up to $18.7 billion for Genzyme ( GENZ.O ) after its informal overture failed to strike interest, sources familiar ... (Source: Reuters 2010-07-29T06:26:38Z)

Southwest beats forecast with $112 million profit

DALLAS — Southwest Airlines added an upbeat note to a strong quarter for the airline industry by reporting a $112 million profit for spring and early summer. The nation's biggest discount airline said ... (Source: USA Today 2010-07-29T13:57:36Z)

Theo Albrecht, 88, dies; started Aldi food chain and expanded Trader Joe's

Theo Albrecht, 88, a reclusive German billionaire who made his fortune building a discount-food business empire in Europe before buying and expanding the Trader Joe's grocery chain in the United States, died ... (Source: Washington Post 2010-07-29T15:16:21Z)

Theo Albrecht, Aldi co-founder, dies at age 88

BERLIN—Theo Albrecht, the secretive co-founder of Germany's worldwide discount supermarket chain Aldi, a co-owner of Trader Joe's in the United States and one of Europe's richest men, has died at age ... (Source: Texarkana Gazette 2010-07-29T09:54:13Z)

Microsoft expanding cloud strategy, exec says

IDG News Service - Microsoft is shifting its strategy away from pitching itself as a company that can offer companies a choice of software or hosted services, toward pushing the cloud, an executive said on Thursday at ... (Source: Computerworld 2010-07-29T16:27:55Z)

Sanofi Is Likely to Make Offer for Genzyme

Sanofi-Aventis is likely to make an unsolicited offer of up to $70 a share for Genzyme , raising the stakes for what could become one of the year's biggest deal situations, people briefed on the matter told DealBook on ... (Source: New York Times Blogs 2010-07-28T22:55:39Z)

THEO ALBRECHT | 1922-2010: Secretive Aldi co-founder

BERLIN -- Theo Albrecht, the secretive co-founder of Germany's worldwide discount supermarket chain Aldi, a co-owner of Trader Joe's in the United States and one of Europe's richest men, has died at age 88 ... (Source: Chicago Sun-Times 2010-07-29T08:56:57Z)

Terrell Owens: Best and Worse Case Scenarios in Cincinnati

With Cincinnati signing Terrell Owens, the buzz around Bengals Training Camp is getting louder. Owens has been brought in to shore up a struggling Bengals pass offense and to take some pressure off of Chad Ochocinco. But ... (Source: Bleacherreport.com 2010-07-29T22:18:41Z)

WR Terrell Owens misses flight to Cincinnati, pushing back Bengals debut

GEORGETOWN, Ky. Terrell Owens arrived fashionably late, received a white jersey with his favorite number, and got a smattering of applause for doing even the simplest thing. Every catch was an event. A few ... (Source: FOX News 2010-07-30T01:03:19Z)

Casey's plans buyback, rejects Couche-Tard offer

TORONTO (Reuters) - Casey's General Stores said Wednesday it would buy back $500 million worth of common stock as part of a recapitalization plan that could derail Canada's Alimentation Couche-Tard Inc's ... (Source: CNN Money 2010-07-28T17:12:04Z)

Sanofi reportedly readying a formal offer for Genzyme

Sanofi-Aventis SA chief executive Chris Viehbacher has support from his board of directors to offer as much as $70 a share for Genzyme Corp. , or about $18.7 billion, three people with knowledge of the ... (Source: Boston Globe 2010-07-29T14:54:52Z)

Southwest reports $112 million profit for quarter

DALLAS — Southwest Airlines Co. added an upbeat note to a strong quarter for the airline industry by reporting a $112 million profit for spring and early summer. The nation's biggest discount airline said ... (Source: Houston Chronicle 2010-07-29T19:19:43Z)

Casey's Plans to Buy Back $500 Million in Stock (Correct)

Casey's General Stores Inc. offered to buy back as much as $500 million in stock at a price that tops Alimentation Couche-Tard Inc.'s revised offer for the U.S. convenience-store chain. Casey's will pay $38 to $40 ... (Source: Bloomberg 2010-07-28T20:46:49Z)

Sanofi to make formal Genzyme offer for $18.7 bn

France's Sanofi-Aventis plans to make a formal offer of up to $18.7 billion for Genzyme after its informal overture failed to strike interest, sources familiar with the situation said on Wednesday. The board of Sanofi ... (Source: Business Standard 2010-07-29T19:12:34Z)

Dollar Thrifty shares up after Avis offer

Still, Avis' $46.50 per share bid fell about $2, or 4.5 percent, short of Dollar Thrifty's last closing stock price. [ID:nN28237133] Wall Street does not believe this is the end of the buyout saga, with investors pushing ... (Source: Inside Fidelity 2010-07-29T16:13:36Z)

Dan Beebe: Big 12's promise of at least $20 million to Texas A&M stands

Texas A&M has nothing to worry about regarding the guarantee of at least $20 million in Big 12 revenue distribution, commissioner Dan Beebe said this afternoon. "The commitment to Texas A&M was made and it ... (Source: Dallas Morning News 2010-07-29T22:11:31Z)

Southwest reports $112 million 2Q profit

Southwest Airlines Co. added an upbeat note to a strong quarter for the airline industry by reporting a $112 million profit for spring and early summer. The nation's biggest discount airline also said Thursday that it ... (Source: AP - msnbc.com 2010-07-29T20:09:50Z)

Avis ups the ante in bidding war for Dollar Thrifty

BANGALORE (Reuters) - Avis Budget's bid for Dollar Thrifty may have come at a discount but the company's willingness to divest a chunk of its business to get regulatory approval shows its determination to go the extra ... (Source: Reuters UK 2010-07-29T22:47:19Z)

Microsoft to push harder for cloud

(07-29) 09:34 PDT -- Microsoft is shifting its strategy away from pitching itself as a company that can offer companies a choice of software or hosted services, toward pushing the cloud, an executive said on ... (Source: San Francisco Gate 2010-07-29T20:38:28Z)

Casey's tries to slam the lid on takeover

Ankeny-based Casey's said today it plans to offer between $38 and $40 a share in a Dutch auction. The move will be financed by a combination of debt financing and available cash. At the same time, Casey's board of ... (Source: Des Moines Business Record 2010-07-27T23:54:07Z)

Japan iPhone carrier Softbank says business soared in April-June but profits fell due ...

TOKYO (AP) — Softbank Corp., which runs the only Japanese mobile carrier to offer the iPhone and iPad , said Thursday that its businesses prospered during the April-June quarter, but net profit fell 29 ... (Source: Fort Lauderdale Sun-Sentinel 2010-07-29T06:33:47Z)

A&M president: Big 12 should honor $20 million offer

When it seemed the Big 12 was about to implode this summer, Baylor, Kansas, Kansas State, Iowa State and Missouri made a last-ditch effort to keep Texas, Texas A&M and Oklahoma by guaranteeing those schools at least $20 ... (Source: Collegesportsblog.dallasnews.com 2010-07-29T02:59:02Z)

Sanofi Aventis Board Votes To Make a Formal Offer to Genzyme

French drug maker Sanofi Aventis intends to continue its project on Genzyme after the failure of its informal approach to U.S. biotech company Genzyme (NASDAQ stock symbol:GENZ), Reuters learned Wednesday from a source ... (Source: HULIQ.com 2010-07-29T03:13:21Z)

Softbank: iPhone carrier's profit falls in April-June on heavy taxes

TOKYO — Softbank, which runs the only Japanese mobile carrier to offer the iPhone and iPad, said Thursday the popular products drove its strong performance last quarter, but its net profit fell 29 percent ... (Source: Silicon Valley 2010-07-29T15:30:40Z)

Microsoft: Gmail like a Jaguar with 'vinyl seats'

Digg The annual Microsoft Financial Analyst Meeting today in Redmond featured the usual numbers crunching about its financials, a promised beta of IE 9 by September and CEO Steve Ballmer's bombast and optimism ... (Source: Network World Fusion 2010-07-30T00:20:22Z)

Texas A&M to the SEC still possible down the road?

Or else. Texas A&M President R. Bowen Loftin released a statement this week that seems to put Big 12 Commissioner Dan Beebe on notice. The statement says: "A key part of Texas A&M's decision to remain in the Big ... (Source: Birmingham News 2010-07-29T22:54:28Z)

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