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Deals of the Hour / July 3, 2010, 2:12 pm

Watson Pharma says it closed acquisition of US rights to Columbia Labs female hormone drug

MORRISTOWN, N.J. — Watson Pharmaceuticals Inc. said Friday it completed its acquisition of the U.S. rights to a Columbia Laboratories' progesterone drug in a deal that could be worth more than $92.5 million. Watson now has the rights to a drug that is sold under the names Crinone and Prochieve ... (Source: San Francisco Examiner 2010-07-02T14:22:28Z)

Pepco Holdings Finalizes Sale of Conectiv Energy's Generation Business

Pepco Holdings, Inc. (NYSE: POM | PowerRating ) today announced that it has completed the sale of its Conectiv Energy power generation business to Calpine Corporation for $1.63 billion after adjustment. "The sale re-positions PHI as fundamentally a regulated transmission and distribution company and ... (Source: TradingMarkets.com 2010-07-01T15:28:04Z)

Watson's deal for hormonal drugs approved

Shareholders of Columbia Laboratories Inc., a New Jersey-based pharmaceuticals firm, have approved the sale of a drug treatment to Watson Pharmaceuticals Inc., according to a statement from the Corona company. In a deal ... (Source: Riverside Press Enterprise 2010-07-02T04:28:20Z)

Reno Aces: Torra deals complete game in Aces victory

Matt Torra tossed the second complete game in Aces franchise history Thursday night, lifting the Reno Aces to a 9-2 victory over the Las Vegas 51s in the series opener at Cashman Field in Las Vegas. Torra (5-5) scattered ... (Source: Reno Gazette 2010-07-02T08:31:42Z)

Alex, Atlantic's 1st hurricane of season, pounds Mexico's Gulf coast as Category 2 storm

SAN FERNANDO, Mexico (AP) — Hurricane Alex crashed into Mexico's Gulf coast as a powerful Category 2 storm Wednesday, spawning tornadoes in nearby Texas, forcing evacuations in both countries and whipping up high waves ... (Source: Orlando Sentinel 2010-07-01T03:10:46Z)

Wild sign AHL veterans Warren Peters, Drew Bagnall

ST. PAUL, Minn. -- The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The deals were announced Friday. Peters gets a two-year deal and Bagnall gets a one-year deal. Both ... (Source: Sporting News 2010-07-02T19:15:57Z)

Workers Angry Over Ruling Tossing Age Bias Lawsuit

Angry workers are questioning a judge's decision to toss out their age discrimination lawsuit against The Boeing Co. and Spirit AeroSystems. The lawsuit was filed in the wake of Boeing's 2005 sale of its commercial airplane operations in Kansas and Oklahoma. U.S. District Judge Eric Melgren in ... (Source: KAKE TV 2010-07-02T19:23:07Z)

Paraguay and Spain tied at 0-0 after 60 minutes

Spain's Xabi Alonso, right, competes for the ball against Paraguay's Jonathan Santana, left, during the World Cup quarterfinal soccer match between Paraguay and Spain at Ellis Park Stadium in Johannesburg, South Africa ... (Source: San Francisco Gate 2010-07-03T19:57:43Z)

Spain reach semi-final with win over Paraguay (Roundup)

Johannesburg - Spain reached the semi-finals of the World Cup for the first time by knocking out resilient Paraguay 1-0 in a tense quarter-final on Saturday. David Villa scored the only goal of the match for the European ... (Source: Monsters and Critics 2010-07-03T20:54:59Z)

Alex hits Mexico's Gulf coast as Cat 2 hurricane

SAN FERNANDO, Mexico — Hurricane Alex made landfall on Mexico's Gulf coast as a powerful Category 2 storm Wednesday, spawning tornadoes in nearby Texas, forcing evacuations in both countries and whipping up high waves ... (Source: Houston Chronicle 2010-07-01T03:53:43Z)

Fundraiser Starts Today for Girl who Died at LA Coliseum Rave

(KNX 1070 NEWSRADIO) A fund-raiser is being held today and tomorrow to help the family of the 15-year-old girl who died of a suspected drug overdose in connection with last weekend's rave at the LA Coliseum. Members of the drill team that Sasha Rodriguez performed with have organized a bake sale at ... (Source: KNx 1070 2010-07-02T13:53:50Z)

Hurricane Alex downgraded to Category 1 storm

Saturday, July 3, 2010 | 12:35 a.m. The National Hurricane Center says Hurricane Alex has weakened from a Category 2 to a Category 1 storm as it moves inland over northeastern Mexico. The hurricane center reported early Thursday that the storm had sustained winds of 85 mph (137 kph). It says Alex is ... (Source: Las Vegas Sun 2010-07-03T07:26:06Z)

Torres keeps his place against Paraguay

JOHANNESBURG (Reuters) - Spain coach Vicente del Bosque kept faith with misfiring striker Fernando Torres in a twin-pronged attack with David Villa for the European champions' World Cup quarter-final against Paraguay on ... (Source: FOX News 2010-07-03T18:46:08Z)

Calpine closes $1.63B deal for Pepco power plants

Calpine Corp. on Thursday completed the purchase of Conectiv Energy and its 19 power plants from Pepco Holdings Inc. The companies valued the deal at $1.63 billion after adjustments, down from $1.65 billion in April when ... (Source: AP - msnbc.com 2010-07-01T18:12:43Z)

Spain coach backs Torres to face Paraguay

Spain coach Vicente Del Bosque is facing calls to replace striker Fernando Torres [ Images ] with Fernando Llorente for Saturday's quarter-final with Paraguay. Media polls of fans in Spain have shown backing for a switch in attack but Del Bosque is still backing Torres to come good. "It's impossible ... (Source: Rediff 2010-07-02T08:17:23Z)

Avs agree to deals with Winnik, Quincey

DENVER - The Colorado Avalanche agreed to terms on two-year deals Friday for both forward Daniel Winnik and defenseman Kyle Quincey. Winnik was acquired in a trade with Phoenix on Monday. The 25-year-old had four goals ... (Source: Coloradoan 2010-07-03T11:00:51Z)

Wild Sign Prospects Peters, Bagnall

The deals were announced Friday. Peters gets a two-year deal and Bagnall gets a one-year deal. Both players signed two-way contracts, meaning they make less money when they're in the minors. The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The ... (Source: WCCO 2010-07-02T23:33:39Z)

Avs agree to 2-year deals with Winnik, Quincey

DENVER—The Colorado Avalanche agreed to terms on two-year deals Friday for both forward Daniel Winnik and defenseman Kyle Quincey. Winnik was acquired in a trade with Phoenix on Monday. The 25-year-old had four goals and 15 assists for the Coyotes last season. Quincey, 24, was one of the Avalanche ... (Source: Denver Post 2010-07-02T22:57:52Z)

Minnesota Sports

ST. PAUL, Minn. (AP) — The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The deals were announced on Friday. Peters gets a two-year deal and Bagnall gets a one-year ... (Source: Marshall Independent 2010-07-03T19:50:33Z)

Aerospace workers who claimed age bias weigh appeal of summary judgment for companies

WICHITA, Kan. (AP) — Angry workers are questioning a judge's decision to toss out their age discrimination lawsuit against The Boeing Co. and Spirit AeroSystems. The lawsuit was filed in the wake of Boeing's 2005 sale of its commercial airplane operations in Kansas and Oklahoma. U.S. District ... (Source: KFOR 2010-07-02T19:08:48Z)

Friends Hold Bake Sale For Girl Who Died After Rave

Los Angeles - A bake sale to benefit the family of a 15-year-old girl believed to have died from a drug overdose after she stopped breathing at last weekend's Electric Daisy Carnival continues. The fundraiser, which started Friday at Alessandro Elementary School, 2210 Riverside Drive, was organized ... (Source: Myfoxla.com 2010-07-03T11:43:48Z)

Workers may fight Boeing ruling

WICHITA — Angry workers are questioning a judge's decision to toss out their age discrimination lawsuit against The Boeing Co. and Spirit AeroSystems. The lawsuit was filed in the wake of Boeing's 2005 sale of its commercial airplane operations in Kansas and Oklahoma. U.S. District Judge Eric ... (Source: Topeka Capital-Journal 2010-07-03T00:45:14Z)

Spain 1, Paraguay 0: Striker Villa to the rescue again with his fifth goal

JOHANNESBURG (AP) -- David Villa saved Spain once again, hitting both posts before seeing his shot go into the net Saturday to give his team a 1-0 win over Paraguay and its first ever appearance in the World Cup ... (Source: CNN Sports Illustrated 2010-07-03T20:47:49Z)

World Cup: Villa gives Spain 1-0 win over Paraguay

JOHANNESBURG— David Villa scored in the 83rd minute Saturday to give Spain a 1-0 win over Paraguay and its first-ever spot in the World Cup semifinals. The ball fell to Villa in the area after Pedro Rodriguez hit the ... (Source: Boston Globe 2010-07-03T20:33:30Z)

Family, Friends Hold Fundraiser For Teen's Family

A fundraiser will continue Saturday for the 15-year-old girl who died of an apparent drug overdose after attending a rave at the Los Angeles Memorial Coliseum. Sasha Rodriguez was one of two rave attendees who were in critical condition at a local hospital after the 14th annual Electric Daisy ... (Source: CBS 2 KCAL 9 2010-07-03T15:40:01Z)

Watson Pharma Closes Acquisition Of Crinone And Prochieve Product Line And Shares Of Columbia Labs - Quick Facts

(RTTNews) - Watson Pharmaceuticals Inc. (WPI: News ) announced that it completed the acquisition of the U.S. rights to Columbia Laboratories' Crinone and Prochieve progesterone gel product line and 11.20 million shares of Columbia common stock. As per the terms of the deal, Watson paid Columbia an ... (Source: RTT News 2010-07-02T16:31:19Z)

(Col.)-Avs Agree To 2-Year Deals With Winnik, Quincey

DENVER (AP) - The Colorado Avalanche agreed to terms on two-year deals Friday for both forward Daniel Winnik and defenseman Kyle Quincey. Winnik was acquired in a trade with Phoenix on Monday. The 25-year-old had four ... (Source: KCSR 2010-07-03T12:12:26Z)

Calpine finishes $1.63 billion acquisition of Conectiv Energy from Pepco Holdings

Pepco said its profits should be steadier because of the sale, as it is less exposed to the energy commodity markets. Pepco added it will need less capital and collateral and should have stronger credit. Standard & Poor ... (Source: Chicago Tribune 2010-07-01T18:12:43Z)

51s score 6 in 4th, top Aces

The Reno Aces' Ryan Roberts smashed his fifth home run of the season and drove in four runs, but the Aces fell to the Las Vegas 51s, 9-5, on Friday night at Cashman Field in Las Vegas. The Aces fell behind 3-0 early in ... (Source: Reno Gazette 2010-07-03T19:21:56Z)

Torra Deals Complete Game in 9-2 Aces Victory

LAS VEGAS, Nev. - Matt Torra tossed just the second complete game in Aces franchise history Thursday night, lifting the Reno Aces to a 9-2 victory over the Las Vegas 51s in the series opener at Cashman Field. Torra (5-5 ... (Source: OurSports Central 2010-07-02T04:49:48Z)

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