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 3, 2010, 3:12 am

Flying high: Google hopes to steer more airline bookings with $700M purchase of ITA ...

SAN FRANCISCO - Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The ... (Source: Minneapolis Star Tribune 2010-07-01T22:01:47Z)

Levee Leak in Birdland

Authorities say they found a small leak in a vulnerable levee near downtown Des Moines, but that the neighborhood it's helping to protect from flooding is not in imminent danger. Des Moines Public Works Director Bill ... (Source: WOI-TV 2010-07-03T03:29:52Z)

Disney Buys Tapulous, Maker Of Music Game Applications

The Walt Disney Company said on Thursday that it had bought Tapulous, a start-up company that makes music-based games for the iPhone, iPad and iPod Touch. Tapulous, based in Palo Alto, Calif., is one of the more ... (Source: Pittsburgh Post-Gazette 2010-07-03T04:27:08Z)

EasyJet crisis as chief takes off

OIL STOCKS soared as South Korea's KNOC confirmed it was eyeing a £1.5billion takeover of the UK's DANA PETROLEUM . Dana leapt 263p to 1440 and a host of UK rivals followed as the market looked at other potential targets. North Sea explorer ENCORE OIL gained 6.75p to 58. FALKLAND OIL & GAS rose 15 ... (Source: The Sun 2010-07-03T06:50:18Z)

Senators sign veteran Gonchar to three-year deal

OTTAWA, July 1 (Reuters) - The Ottawa Senators have signed veteran defenseman Sergei Gonchar to a three-year deal, the NHL team said on Thursday as the free agent market opened. The 36-year-old Russian, a first round draft pick of the Washington Capitals in 1992, spent the past five seasons with the ... (Source: The Guardian 2010-07-02T00:39:16Z)

BP shares post 1st weekly gain since blast

(AP) — NEW YORK - BP shares posted a better than 8 percent gain this week, the first weekly increase since an April explosion on a BP-operated triggered a massive Gulf oil spill. The first of two relief wells that are given the surest chance of plugging BP PLC's gushing well is on target to be ... (Source: Cleveland Plain Dealer 2010-07-02T20:49:01Z)

Google buys travel software company for $700M

SAN FRANCISCO (AP) -- Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The all-cash deal announced Thursday signals Google's intention to challenge ... (Source: Yahoo Finance 2010-07-01T22:01:47Z)

Disney Buys Tapulous, Mobile Game Maker Of Tap Tap Revenge

Walt Disney Co. (DIS) said it bought the maker of the popular Tap Tap Revenge game for Apple Inc.'s (AAPL) mobile devices like the iPhone. Financial terms of the deal weren't disclosed. Tapulous Inc. will become a ... (Source: NASDAQ 2010-07-01T22:37:34Z)

Bucks make quick free agency splash, agree to deal with free agent PF Drew Gooden

MILWAUKEE - Everyone who thought the Milwaukee Bucks would be among the most active teams on the first day of NBA free agency, please raise your hands. The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent ... (Source: Minneapolis Star Tribune 2010-07-02T06:15:42Z)

NHL free-agency tracker: Blues, Pens busy

ST. LOUIS — Forward Alex Steen, coming off the best season of his career, has signed a four-year extension with the Blues. The 26-year-old Steen was tied for the team lead with 24 goals and totaled 47 points in 68 ... (Source: Detroit Free Press 2010-07-02T06:58:39Z)

AP source: Bucks, Salmons agree for $40M

MILWAUKEE -- Another day, another deal for the Milwaukee Bucks, who have suddenly become one of the biggest buyers during the most-hyped free agency period in NBA history. The Bucks made another major move Friday, agreeing in principle to a $40 million, five-year deal with free agent guard John ... (Source: Forbes 2010-07-02T22:00:36Z)

Rangers deal Michael Main, Chris Ray to Giants for Bengie Molina, cash

ANAHEIM, Calif. - The Rangers have announced the completion of their deal with San Francisco to obtain C Bengie Molina and the cash necessary to offset the increase in payroll that comes with Molina's $4.5 million salary ... (Source: Dallas Morning News 2010-07-01T21:18:50Z)

Spain coach backs Torres to face Paraguay

PRETORIA (Reuters) - Spain coach Vicente Del Bosque is facing calls to replace striker Fernando Torres with Fernando Llorente for Saturday's quarter-final with Paraguay (2:30 p.m. EDT). Media polls of fans in Spain have ... (Source: FOX News 2010-07-02T02:48:07Z)

European banks calm fears of funding crisis

FEARS Europe's bank were suffering a funding crisis receded after they repaid a €442 billion ($A651.4 million) one-year loan to the European Central Bank (ECB), prompting the euro to rise against sterling. More than 1000 banks had borrowed the cash a year ago when the ECB stepped in to prop up the ... (Source: Sydney Morning Herald 2010-07-02T14:00:59Z)

Rangers, Giants finalize deal for Molina

Texas is also recalling Pedro Strop from Triple-A Oklahoma City to take Ray 's spot on the 25-man roster. Molina doesn 't join the club until Friday in Arlington, so a roster move doesn 't need to be made until then ... (Source: ESPN.com 2010-07-01T23:20:31Z)

Chloride agrees to $1.5 billion Emerson takeover

LONDON (Reuters) - British power supply systems maker Chloride ( CHLD.L ) has recommended a $1.5 billion takeover by U.S. conglomerate Emerson Electric ( EMR.N ), bringing to an end a long-running bid battle. Under the terms of the 1 billion pound ($1.5 billion) deal, Chloride shareholders will get ... (Source: Reuters UK 2010-07-02T06:51:30Z)

UK's Chloride accepts Emerson's sweetened takeover bid

Chloride said Friday that its board unanimously recommended that shareholders accept Emerson's offer of 375 pence per share. That values Chloride at 997 million pounds ($1.5 billion). Emerson clinched the deal after Swiss company ABB Ltd. said it had dropped out of the bidding. Chloride's board had ... (Source: Chicago Tribune 2010-07-02T06:51:30Z)

Pittsburgh Penguins sign Zbynek Michalek to 5-year deal

PITTSBURGH - The Pittsburgh Penguins, long built around some of the NHL's top offensive players, are paying a lot of money to get better on defense. The Penguins committed $45 million on Thursday to sign defensemen Paul ... (Source: AZCentral.com 2010-07-02T08:03:04Z)

Bucks agree to deal with free agent PF Gooden

The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent Stu Lash told The Associated Press that Gooden agreed to sign with the Bucks for the mid-level exception. Gooden is represented by Lash and Dan Fegan ... (Source: Atlanta Journal Constitution 2010-07-01T23:34:50Z)

UPDATE: EU Exploring Feasibility Of Financial Transaction Tax

BRUSSELS -(Dow Jones)- The European Commission said Friday it is exploring the possibility of taxing financial transactions in Europe, despite the slim chances of a global agreement. The commission is also looking at the possibility of a tax on the profits and assets of financial companies, it said ... (Source: NASDAQ 2010-07-02T13:18:02Z)

Google to buy travel software co ITA for $700 million

SAN FRANCISCO/WASHINGTON — Google Inc plans to buy one of the Web's key providers of airline travel software for $700 million, potentially raising new antitrust concerns for the world's largest Internet search engine ... (Source: comcast.net 2010-07-03T06:14:31Z)

Total CEO says not mulling BP deal

AFP - Total chief executive Christophe de Margerie said Friday that the French oil group was not considering buying its embattled rival BP, whose market value has dropped by half over the Gulf of Mexico oil spill. "We are not looking into buying BP," Margerie told journalists at an economics ... (Source: France 24 2010-07-02T19:23:07Z)

Soccer: Coach keeps faith with Torres

POTCHEFSTROOM: Spain coach Vicente del Bosque will stick by Fernando Torres for the team's quarter-final match against Paraguay despite the striker's poor World Cup form so far. Torres has struggled to establish himself in South Africa since returning from knee surgery in April and Fernando Llorente ... (Source: New Zealand Herald 2010-07-02T16:31:19Z)

Crack in Birdland levee no big deal, Corps official says

A crack appeared in the Birdland levee late Thursday night, but residents shouldn't worry just yet. "I don't even really consider that a leak," said Paul St. Louis of the U.S. Army Corps of Engineers. St. Louis ... (Source: Des Moines Register 2010-07-03T09:06:19Z)

German criticism hits bank stress tests - sources

HANOVER/FRANKFURT, July 2 (Reuters) - Rising criticism in Germany over assumed potential "haircuts" for European bank holdings of sovereign debt is complicating planned EU stress tests, regulatory and financial sources told Reuters. German banks, backed by the Bundesbank, are balking at an across ... (Source: The Guardian 2010-07-02T12:13:37Z)

BP shares score 1st weekly gain since Gulf oil spill began; lost market value still huge

NEW YORK (AP) — BP shares posted a better than 8 percent gain this week, the first weekly increase since an April explosion on a BP-operated triggered a massive Gulf oil spill . The first of two relief wells that are given the surest chance of plugging BP PLC's gushing well is on target to be ... (Source: Chicago Tribune 2010-07-02T20:20:23Z)

Disney acquires Tapulous, maker of popular iPhone game Tapulous

LOS ANGELES (AP) — Walt Disney has acquired Tapulous, the maker of the popular iPhone play-along music game Tap Tap Revenge. Steve Wadsworth, president of the Disney Interactive Media Group, confirmed the deal with The ... (Source: Fort Lauderdale Sun-Sentinel 2010-07-01T22:08:56Z)

UPDATED: Giants acquire pitcher Chris Ray and PTBNL for Bengie Molina, deal awaiting MLB approval

USA Today is reporting that a Bengie Molina deal to Texas is done. The Giants would get right-hander Chris Ray and a player to be named later. UPDATE: The Star-Telegram is now confirming the report after speaking to ... (Source: San Jose Mercury News (blog) 2010-07-01T01:52:02Z)

Des Moines levee springs leak

A leak in a vulnerable levee protecting an Iowa neighborhood from a swollen Des Moines River was characterized Friday as "seepage" by the Army Corps of Engineers, but experts said the flood barrier remained stable as the ... (Source: AP - msnbc.com 2010-07-03T00:16:36Z)

SAP extends Sybase bid, awaits EU clearance

Saturday, July 3, 2010 | 12:21 a.m. German business software maker SAP AG said Friday that it has extended its $5.8 billion tender offer for U.S. database software maker Sybase Inc. because the deal hasn't yet been ... (Source: Las Vegas Sun 2010-07-03T06:35:59Z)

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