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 4, 2010, 11:11 pm

Mortgage rates scream buy, but is anybody listening?

An odd scene has been playing out lately in the offices of mortgage brokers and bankers around the country. Mortgage rates have sunk to levels not seen in more than a half-century - a seductive 4.58 percent for an ... (Source: Globe Gazette 2010-07-04T22:34:01Z)

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)

EADS chief hopes to win US tanker deal

The head of EADS, the parent company of Airbus, Mr Louis Gallois, has said that he hopes to win a US$35-billion ($48.8-billion) United States requirement for 179 military tankers despite a World Trade Organization ruling ... (Source: Today Online 2010-07-04T23:38:26Z)

Lawyer: Deal will stand in Mich. bullying case

DETROIT (AP) — A Michigan school district agreed to settle a lawsuit over bullying — a day before a federal judge threw out an $800,000 jury verdict in the case, a lawyer said Friday. The court was notified of the settlement Wednesday but a 30-page decision still followed from U.S. District ... (Source: Port Huron Times-Herald 2010-07-03T23:46:47Z)

Michigan laywer says deal will stand in bullying case

The court was notified of the settlement Wednesday but a 30-page decision still followed from U.S. District Judge Lawrence Zatkoff, said Richard Winslow, a lawyer for former student Dane Patterson. "We expect the ... (Source: Lansing State Journal 2010-07-04T17:33:22Z)

Rockies Win A Marathon At Coors Field

The Colorado Rockies kept loading the bases, first in the 10th inning, then in the 13th and again the next inning. And not once did they push a run across. Todd Helton finally came through, on the fourth try, when his ... (Source: Denver Channel 2010-07-05T03:27:30Z)

Van Der Sloot Files Lawsuit Against Lawyer and Chief of the Police Homicide Squad

Van der Sloot's confession. The judge upheld the confession causing Altez to file a complaint against Peruvian officials in hopes of having his client's incarceration and confession declared invalid. Altez had previously announced that he would appeal the judge's decision to a higher court and even ... (Source: Associated Content 2010-07-04T03:35:51Z)

Rangers acquire C Bengie Molina and cash from Giants for RHP Chris Ray, minor league pitcher

ARLINGTON, Texas (AP) — The Texas Rangers have acquired catcher Bengie Molina and cash from the San Francisco Giants for reliever Chris Ray and a minor league pitcher. Texas announced the deal Thursday. Molina is ... (Source: Chicago Tribune 2010-07-01T21:11:40Z)

Mortgage rates are a screaming buy. So where are the bargain-hunters?

An odd scene has been playing out lately in the offices of mortgage brokers and bankers around the country. Mortgage rates have sunk to levels not seen in more than a half-century — a seductive 4.58 percent for an average 30-year fixed loan. Yet brokers and lenders report not a flood but a trickle ... (Source: Chicago Tribune 2010-07-03T16:01:30Z)

ALSTOM extend Open de France partnership by four years

The 2010 ALSTOM Open de France once again lived up to its billing as one of Europe's premier events and the future is bright for the oldest continental Open at Le Golf National with title sponsors ALSTOM extending their commitment for a further four years. George O'Grady, Chief Executive of The ... (Source: PGA European Tour 2010-07-04T18:30:38Z)

Texas Rangers Blog

ARLINGTON, Texas -- For two of the Rangers' five All-Stars, the July 13 game in Angel Stadium will be their first experience on the Midsummer Classic scene. SS Elvis Andrus and RHP Neftali Feliz said they were humbled ... (Source: ESPN.com 2010-07-05T05:29:12Z)

Timberwolves reach a deal with Milicic

MINNEAPOLIS -- The Timberwolves agreed to terms with center Darko Milicic and said goodbye to Memphis restricted free agent Rudy Gay before they ever said hello on Thursday, when the NBA's long-awaited free-agency period ... (Source: Sacramento Bee 2010-07-02T02:40:57Z)

O'Leary joins Italian legend Cannavaro in Dubai

FORMER Italy World Cup-winning captain Fabio Cannavaro said he had not moved to Dubai for the money after signing a two-year deal with the city's Al Ahli F.C. Former Leeds United and Aston Villa boss David O'Leary will ... (Source: Scotsman.com 2010-07-04T22:34:01Z)

Nakheel to handle property unit Limitless

DUBAI: A committee overseeing state-owned conglomerate Dubai World, which is in a deal with core lenders to restructure $23.5 billion in debt, has handed responsibility of property unit Limitless to Nakheel, Dubai said ... (Source: Lebanon Daily Star 2010-07-04T20:53:48Z)

Rockies beat Giants 4-3 in 15 innings

The Rockies blew a three-run lead in the eighth inning Sunday, then watched Todd Helton rescue them with a bases-loaded sacrifice fly in the 15th that gave Colorado a 4-3 win over the San Francisco Giants. Dexter Fowler led off the inning with a triple off the wall in left-center. Guillermo Mota (0 ... (Source: San Francisco Gate 2010-07-05T00:57:11Z)

Canadian Press NewsAlert:Vale reaches tentative deal with USW 6500 and 6200

TORONTO - Vale says it has reached a tentative agreement with the United Steelworkers to end a strike that has lasted nearly a year. The metals miner says the agreement is for a new five-year contract with USW Local 6500 and 6200 representing production and maintenance employees in Sudbury Ont., and ... (Source: Am770chqr.com 2010-07-04T21:29:35Z)

Reliance Power, RNRL merger ratio fixed at 1:4, deal in line with market rate of ...

MUMBAI: Billionaire Anil Ambani's Reliance Power (R-Power) will merge sister firm Reliance Natural Resources (RNRL) with itself by offering one share for every four RNRL shares in a deal that is seen as the younger ... (Source: Economic Times 2010-07-05T05:43:31Z)

Anil Ambani's Reliance Power, Reliance Natural to Merge in Share-Swap Deal

Reliance Natural Resources Ltd. and Reliance Power Ltd. agreed to merge in a share-swap deal as billionaire Anil Ambani consolidates his businesses after losing a bid to keep buying cut-price fuel from his brother, Asia's richest man. The merger will be through the exchange of one Reliance Power ... (Source: Bloomberg 2010-07-04T19:27:54Z)

Ambani's Reliance Natural Falls After Agreeing to Takeover at 31% Discount

Indian billionaire Anil Ambani 's Reliance Natural Resources Ltd. slumped by a record after the fuel supplier agreed to merge with his Reliance Power Ltd. in a deal that valued the shares 31 percent below their July 2 ... (Source: Bloomberg 2010-07-05T05:00:34Z)

David O'Leary lands big-money job coaching Fabio Cannavaro at Al Ahli in Dubai

Dubai or not Dubai?: David O'Leary will take charge at Al Ahli David O'Leary has returned to football management after being named as the new coach of ambitious Dubai club Al-Ahli. Four years after his last management job at Aston Villa, the 52-year-old has agreed a three-year deal with Al-Ahli, who ... (Source: Daily Mail 2010-07-04T21:51:04Z)

Navy spokesman says 12 foreign sailors taken hostage by pirates have been safely released

Van der Sloot files suit against first lawyer, charging him with posing as public defender - Joran van der Sloot has sued the lawyer who represented him during a police interrogation on the day that authorities say the Dutchman confessed to killing a Peruvian woman, his current attorney said ... (Source: Minneapolis Star Tribune 2010-07-04T14:27:15Z)

David Lee To Timberwolves?

David Lee met with the Minnesota Timberwolves for nine hours on Saturday. He was seen at the Twins-Rays game at Target Field with Kurt Rambis and David Kahn. Minnesota can't sign Lee if they don't trade Al Jefferson. I ... (Source: Bleacherreport.com 2010-07-05T04:53:24Z)

Budget cuts and reform will help growth -Trichet

AIX-EN-PROVENCE, France, July 4 (Reuters) - Budget cuts and structural reforms will help cement economic recovery, while bank stress tests will help restore confidence, European Central Bank President Jean-Claude Trichet said on Sunday. Government austerity drives and deficit cuts would not choke ... (Source: The Guardian 2010-07-04T12:32:43Z)

Free agent David Lee visits Timberwolves

What: Fee-agent forward David Lee visited the Timberwolves on Saturday. He averaged 20.3 points and 11.7 rebounds for the New York Knicks last seasons. What it means: If the Wolves were to sign Lee, they would likely ... (Source: Post-Bulletin 2010-07-05T02:08:46Z)

Lawyer: Deal will stand in bullying case

DETROIT (AP) — A Michigan school district agreed to settle a lawsuit over bullying — a day before a federal judge threw out an $800,000 jury verdict in the case, a lawyer said Friday. The court was notified of the settlement Wednesday but a 30-page decision still followed from U.S. District ... (Source: Morning Sun 2010-07-04T04:54:35Z)

Mortgage rates low, but no buyers

An odd scene has been playing out lately in the offices of mortgage brokers and bankers around the country. Mortgage rates have sunk to levels not seen in more than a half-century — a seductive 4.58 percent for an average 30-year fixed loan. Yet brokers and lenders report not a flood but a trickle ... (Source: The Daily Advertiser 2010-07-04T14:20:05Z)

Ex-Juventus defender Cannavaro explains Al Ahli move

Departing Juventus defender Fabio Cannavaro has explained his reasons for moving to Dubai with Al Ahli. The Italy captain retired from international football after the World Cup and, as his contract with Juventus was not ... (Source: Tribal Football 2010-07-04T23:52:45Z)

Is there really a Van der Sloot TV Deal?

Could it be true that a network has agreed to a Van der Sloot TV deal? Although there is no proof that anyone has yet signed a contract for exclusive rights to the accused killer's personal story it does appear that Joran van der Sloot is trying yet again to give another "true" version of the ... (Source: Overthelimit.info 2010-07-03T23:25:18Z)

No Deal Will Save San Francisco Giants: They are Who They are

The San Francisco Giants lost to the Colorado Rockies in 15 innings on Independence Day to fall further back in the NL West and NL wild-card race. Since frustrated fans have run out of cockeyed ways to fix the lineup or ... (Source: Bleacherreport.com 2010-07-05T04:31:56Z)

Dubai World reshuffles business units

Dubai's media office said in a statement dated Saturday that Dubai World's Nakheel division will assume management responsibility for the conglomerate's Limitless unit. The company also named a new board at another ... (Source: Today's Zaman 2010-07-04T23:31:17Z)

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