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 30, 2010, 6:39 am

BA Reports $246 Million Q1 Loss Due To Strikes, Volcano

London, England, United Kingdom (AHN) - Embattled British Airways reported a $246 million (164 million pounds) first quarter loss Friday due to the series of strikes that hit the air carrier and the Icelandic volcano ... (Source: All Headline News 2010-07-30T12:01:53Z)

Jobless data boosts US hopes

WASHINGTON: New US claims for unemployment benefits fell slightly more than expected last week, offering a ray of hope for the anaemic labour market recovery. Initial claims for state unemployment aid dropped ... (Source: Gulf Daily News 2010-07-29T23:51:44Z)

With Ellen Degeneres Gone from American Idol, Will They Replace Her or Return to 3 ...

New American Idol Judge Ellen Degeneres Not Taking Simon Cowell's Depart... Ellen Degeneres, recent winner of the People's Choice Award for Favorite Talk Show Host and new American Idol judge, told ... (Source: Associated Content 2010-07-30T04:59:33Z)

Judge OKs sale of Ohio-based newspaper chain Brown

A federal bankrupcy judge in New York has approved the sale of Ohio-based newspaper chain Brown Publishing Co. to a group of company insiders. U.S. Bankruptcy Court Judge Dorothy Eisenberg ruled Thursday that a newly ... (Source: AP - msnbc.com 2010-07-29T22:47:19Z)

Disney Announces Sale Of Miramax Films To Filmyard Holdings LLC

The Walt Disney Company (NYSE: DIS) announced today the sale of Miramax Films to Filmyard Holdings LLC for over $660 million subject to certain adjustments. Partners in Filmyard include Los Angeles businessmen Ron Tutor ... (Source: Street.Com 2010-07-30T05:42:30Z)

BP asset sale doesn't include Alaska stake

BP said today it is selling $7 billion worth of oil and gas assets in North America and Egypt to Texas-based Apache Corp. No Alaska oil fields are part of the deal. BP to sell assets for $7 billion to Apache ... (Source: Tacoma News Tribune 2010-07-20T21:39:15Z)

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)

Ellen Degeneres Leaves American Idol: J-Lo, Diddy, Isaak and Michaels could be new ...

Simon Cowell has left and now Ellen DeGeneres is leaving American Idol. She was by far the nicest but most awkward judge on the ratings giant. Ellen is leaving American Idol after just one season! She was ... (Source: Gather.com 2010-07-30T06:46:55Z)

Thoratec Announces Termination of Proposed Sale of ITC

PLEASANTON, Calif. , July 27 -- Thoratec Corporation (Nasdaq: THOR), a world leader in device-based mechanical circulatory support therapies to save, support and restore failing hearts, announced today the ... (Source: Earthtimes 2010-07-27T13:59:58Z)

Weekly Jobless Claims fall 11,000 Last Week

New U.S. claims for unemployment benefits fell slightly more than expected last week, government data showed on Thursday, offering a ray of hope for the anemic labor market recovery. Initial claims for state ... (Source: FOXBusiness 2010-07-29T17:18:02Z)

Southwest income hits $112 million

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 also said ... (Source: AZCentral.com 2010-07-30T02:14:54Z)

Judge OKs sale of Brown Publishing Co.

CENTRAL ISLIP, N.Y. (AP) - A federal bankruptcy court on Thursday approved the $26 million sale of Ohio-based newspaper chain Brown Publishing Co. to a group of company insiders led by current President and ... (Source: Troy Daily News/Miami Valley Sunday News 2010-07-30T03:47:58Z)

Walt Disney Co. (DIS) Annnounces $660M Sale of Miramax Films to Filmyard Holdings

The Walt Disney Company (NYSE: DIS ) announced today the sale of Miramax Films to Filmyard Holdings LLC for over $660 million subject to certain adjustments. Partners in Filmyard include Los Angeles businessmen Ron Tutor ... (Source: StreetInsider.com 2010-07-30T11:33:15Z)

BP lawsuits over oil spill take center stage

BOISE Idaho (Reuters) - More than 2,000 miles from the Gulf of Mexico shoreline, a panel of U.S. judges heard arguments from lawyers on Thursday on how piles of oil spill-related lawsuits against BP Plc should ... (Source: Reuters 2010-07-30T04:45:14Z)

Judge OKs sale of Ohio-based newspaper chain

CENTRAL ISLIP, N.Y.—A judge has approved the sale of Ohio-based newspaper chain Brown Publishing Co. to a group of company insiders. U.S. Bankruptcy Court Judge Dorothy Eisenberg ruled Thursday that a newly ... (Source: Denver Post 2010-07-29T22:25:50Z)

Brunswick swings to 2nd-quarter profit as revenue rises 41 percent; co. sells Triton ...

LAKE FOREST, Ill. (AP) — Boat maker Brunswick Corp. said Thursday that it swung to a profit in the second quarter, helped by a jump in marine engine and boat sales. The company also said it sold its Triton ... (Source: Chicago Tribune 2010-07-29T18:15:18Z)

Thoratec Reports 37 Percent Increase in Second Quarter Revenues From Continuing ...

PLEASANTON, Calif. , July 29 /PRNewswire-FirstCall/ -- Thoratec Corporation (Nasdaq: THOR - News ), a world leader in device-based mechanical circulatory support therapies to save, support and restore failing hearts ... (Source: Yahoo Finance 2010-07-29T20:24:09Z)

Honeywell to keep N.J. headquarters

MORRISTOWN — Honeywell International's chief executive says the technology and manufacturing company will keep its headquarters in New Jersey despite an offer to move. Honeywell Chairman and CEO Dave Cote ... (Source: Courier-Post 2010-07-30T07:08:24Z)

Thoratec 2Q profit surges on heart pump success

PLEASANTON, Calif. — Heart device maker Thoratec Corp. said Thursday its second-quarter profit surged on strong demand for its HeartMate II heart pump. The company also issued full-year estimates for revenue ... (Source: msnbc.com 2010-07-29T22:33:00Z)

Brunswick Corp (BC) Announces Sale of Triton Boats to Fishing Holdings

Brunswick Corporation (NYSE: BC ) today announced that it has sold Triton Boats to Fishing Holdings, LLC, an affiliate of Platinum Equity. Terms of the transaction were not disclosed. "This decision was part of our ... (Source: StreetInsider.com 2010-07-29T13:57:36Z)

Honeywell says it will keep headquarters in NJ as governor works to expand business ...

MORRISTOWN, N.J. (AP) — Honeywell International 's chief executive says the technology and manufacturing company will keep its headquarters in New Jersey despite an offer to move. Honeywell Chairman and CEO ... (Source: Chicago Tribune 2010-07-29T18:00:59Z)

Jobless claims drop may offer some hope

New U.S. claims for unemployment benefits fell slightly more than expected last week, offering a ray of hope for the anemic labor market recovery. Initial claims for state unemployment aid dropped 11,000 to 457,000, the ... (Source: msnbc.com 2010-07-29T15:30:40Z)

Disney To Sell Miramax Films To Filmyard Holdings LLC For Over $660 Mln - Quick Facts

(RTTNews) - Walt Disney Co. (DIS: News ) announced the sale of Miramax Films to Filmyard Holdings LLC for over $660 million, subject to certain adjustments. Partners in Filmyard include Los Angeles businessmen Ron Tutor ... (Source: RTT News 2010-07-30T05:42:30Z)

Triton joins Ranger/Stratos at Flippin plant

The brands had been rivals in the fishing boat market before the acquisition of Triton from publicly traded Brunswick Corp. Hopper said Triton was No. 2 in the market place behind No. 1 Ranger. The Triton ... (Source: Baxter Bulletin 2010-07-30T10:14:30Z)

BA Cabin Crew Rejects Revised Pay Offer

LONDON — British Airways cabin crew have voted against a revised pay offer to settle a long-running dispute, their union said on Tuesday. But the airline said the ballot showed support for the union ebbing ... (Source: New York Times 2010-07-20T16:31:26Z)

Southwest reports $112 million 2Q profit

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 also said ... (Source: San Mateo Daily Journal 2010-07-30T10:57:27Z)

Honeywell exec says firm will stay in New Jersey

MORRISTOWN (AP) -- Honeywell International Chairman and CEO Dave Cote said Thursday the Fortune 500 company has decided to keep its headquarters in New Jersey despite an attractive offer in another state. Cote ... (Source: New Jersey Herald 2010-07-30T04:59:33Z)

Ellen DeGeneres Quits After One Season On American Idol

Simon Cowell has gone and so too has Ellen DeGeneres . The television talk show queen is leaving American Idol after one season as judge on the hit Fox TV singing contest, RadarOnline.com has confirmed. "I ... (Source: Radar Online.com 2010-07-30T10:07:21Z)

BA cabin crew reject company's latest offer

LONDON— The union representing British Airways cabin crew said Tuesday that its members have rejected the company's latest offer over pay and working conditions. British Airways and Unite, which represents ... (Source: Boston Globe 2010-07-20T16:45:45Z)

India May Bid for BP Stake in Vietnam to Secure Gas

(Updates with share price in the seventh paragraph.) July 22 (Bloomberg) -- India's government may offer to buy BP Plc's stake in a natural gas field in Vietnam, as the U.K. energy company sells $10 ... (Source: BusinessWeek 2010-07-22T03:50:17Z)

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