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 5, 2010, 5:12 pm

Celtics sign 2008 pick Erden

The Celtics signed 2008 second-round draft pick Semih Erden, a 7-footer from Turkey, on Monday in advance of their first summer league game. Terms of the deal were not disclosed. Erden was selected by the Celtics with ... (Source: ESPN.com 2010-07-05T22:18:31Z)

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)

Paper: Mideast looking at investing in BP

DUBAI, United Arab Emirates -- Newspapers reported Sunday that Middle East investors are considering pumping money into BP despite its mounting costs from the Gulf of Mexico oil leak disaster, and BP is looking for investors to fend off takeover bids ... (Source: Forbes 2010-07-04T13:51:27Z)

JaMarcus Russell arrested for possession of codeine syrup

MOBILE, Ala. -- Former Oakland Raiders quarterback JaMarcus Russell has been charged with possession of a controlled substance -- codeine syrup -- after being arrested at his home in Alabama on Monday, authorities said ... (Source: ESPN.com 2010-07-05T23:15:47Z)

Agent: Wolves, Milicic agree to deal

The Minnesota Timberwolves have agreed with free agent Darko Milicic on a four-year deal Thursday. The contract is worth $20 million and the fourth year is only partially guaranteed. The Timberwolves declined comment on the deal, which cannot become official until July 8. "Minnesota, from the moment ... (Source: ESPN.com 2010-07-01T21:18:50Z)

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

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)

Celtics Sign Semih Erden

The Boston Celtics announced on Monday that they have signed center Semih Erden. Per team policy, terms of the deal were not disclosed. Erden, a 7'0" 240lbs center, was selected by the Celtics with the 60th pick in ... (Source: RealGM 2010-07-05T17:39:20Z)

Essay: Spy arrests offer bit of Cold War nostalgia

Associated Press Writer= WASHINGTON (AP) — The capture of those alleged deep-cover Russian agents has — for a moment of nostalgia — taken Americans back to a day when their enemy was sneaky but familiar, ensconced ... (Source: The Guardian 2010-07-05T14:54:42Z)

JaMarcus Russell Arrested in Alabama

25. no need to make a black joke idiots...look at the institution he's from: time to make LSU pay for it's former student athletes who keep taking guns and masks to pick up their paychecks in the NFL and NBA....this guy is now officially on ryan leaf watch. Codeine is a horrible drug and if someone ... (Source: TMZ.com 2010-07-05T23:30:06Z)

Spy arrests offer Cold War nostalgia

WASHINGTON (AP) -- The capture of those alleged deep-cover Russian agents has -- for a moment of nostalgia -- taken Americans back to a day when their enemy was sneaky but familiar, ensconced right there behind the crenelated red-brick Kremlin walls. Through the Cold War, the U.S. had adapted ... (Source: Bennington Banner 2010-07-05T01:54:27Z)

Sure, stocks are down but you shouldn't be. S&P data back to Pres. Coolidge suggest a ...

NEW YORK — OK, you're gutsy enough to buy on dips. Now how about buying on a dive? After a scary slump for stocks this spring, that's the question facing many investors. In the three months ended June 30, the Standard ... (Source: Republic 2010-07-05T13:21:38Z)

After drop, will stocks rise? S&P data offer hope

NEW YORK — OK, you're gutsy enough to buy on dips. Now how about buying on a dive? After a scary slump for stocks this spring, that's the question facing many investors. In the three months ended June 30, the Standard & Poor's 500 index fell 11.9 percent, the biggest quarterly loss since the ... (Source: Huffingtonpost.com 2010-07-04T17:26:12Z)

With Obama meeting scheduled, Israel eases Gaza import limits

JERUSALEM — Israel on Monday announced a major change in the way it will manage the country's controversial blockade of the Gaza Strip , a move Israeli officials hope will ease tensions with the Obama administration on ... (Source: YAHOO! 2010-07-05T20:45:27Z)

Israel publishes list of goods banned from Gaza

Israel published on Monday a list of goods --- mainly weapons and materials that can be used to make them --- that it will not let into the Gaza Strip under a policy to ease its blockade of the Palestinian territory. The ... (Source: msnbc.com 2010-07-05T18:58:05Z)

Today In Pictures

Israelis march in support of the release of captured Israeli soldier Gilad Schalit in Tel Aviv, Israel, Monday, July 5, 2010. The family of the captured Israeli soldier initiated a 12-day march from Schalit's home to Jerusalem to press Israeli leaders to make a deal with his Hamas captors to free ... (Source: Canada East 2010-07-05T18:07:58Z)

JaMarcus Russell Arrested for Poss. of Controlled Substance

MOBILE, Alabama - Former Oakland Raiders quarterback JaMarcus Russell was arrested today for possession of a controlled substance, which we are being told is codine syrup, according to the Mobile County Sheriff's Office ... (Source: WKRG 2010-07-05T23:30:06Z)

Nakheel hopes to sign lenders deal next week

DUBAI - Property developer Nakheel is likely to reach an agreement with lenders next week, a top official of the company said. The developer, a unit of Dubai World, will also complete a 40 per cent cash payment to its ... (Source: Khaleej Times 2010-07-05T19:26:43Z)

Oilers sign No. 1 draft pick Taylor Hall to three-year deal

EDMONTON, Alberta (AP) — The Edmonton Oilers have signed top overall draft pick Taylor Hall to a three-year, entry-level contract. Hall's deal includes the maximum base salary of $900,000 per season and could end up netting him around $3 million each year depending on how many performance bonuses ... (Source: Chicago Tribune 2010-07-05T18:22:17Z)

European envoys accept Israel offer to visit Gaza

A delegation of European foreign ministers on Monday accepted Israel's invitation to visit the Gaza Strip and said it was an "important opportunity" to monitor the implementation of measures announced by Israel. Israel ... (Source: msnbc.com 2010-07-05T21:14:05Z)

UPDATE: Google To Acquire ITA Software For $700 Million

SAN FRANCISCO -(Dow Jones)- Google Inc. (GOOG) agreed to acquire flight information software company ITA Software Inc. for $700 million, a deal the Internet search giant said will offer its users more online flight ... (Source: NASDAQ 2010-07-01T21:40:18Z)

Celtics Sign Turkish Center

Celtics Press Release: The Boston Celtics announced today that they have signed center Semih Erden. Per team policy, terms of the deal were not disclosed. Erden, a 7'0" 240lbs center, was selected by the Celtics with ... (Source: WMUR.com 2010-07-05T21:14:05Z)

'Netanyahu, free my brother'

Yoel Schalit, brother of kidnapped soldier Gilad Schalit, spoke to a crowd of people participating in the day's Freedom March at the Interdisciplinary Center in Herzliya on Sunday. Yoel called upon Prime Minister Binyamin Netanyahu to make a deal to free Gilad. "I call upon you [Netanyahu] to listen ... (Source: Jerusalem Post 2010-07-04T14:41:34Z)

Google to buy travel software company for $700 million

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 ... (Source: Pittsburgh Tribune-Review 2010-07-02T03:52:32Z)

David Lee Visits Wolves

Free agent power forward David Lee met with Wolves owner Glen Taylor, president of basketball operations David Kahn, and head coach Kurt Rambis on Saturday. Lee spent the day touring the Target Center facilities, the Lake District, and even caught a glimpse of the Twins game. Following the visit ... (Source: NBA 2010-07-05T22:11:21Z)

Russian spy arrests offer bit of Cold War nostalgia

Washington — The capture of those alleged deep-cover Russian agents has — for a moment of nostalgia — taken Americans back to a day when their enemy was sneaky but familiar, ensconced right there behind the crenelated red-brick Kremlin walls. Through the Cold War, the U.S. had adapted ... (Source: LJWORLD 2010-07-04T16:14:37Z)

YOUNGER BROTHER YOEL SHALIT TO NETANYAHU: MAKE THE DEAL TO FREE GILAD

Yoel Shalit, brother of kidnapped soldier Gilad Schalit, spoke to a crowd of people participating in the day's Freedom March at the Interdisciplinary Center in Herzliya on Sunday. Yoel called upon Prime Minister Binyamin Netanyahu to make a deal to free Gilad. "I call upon you [Netanyahu] to ... (Source: SanFranciscoSentinel.com 2010-07-04T17:33:22Z)

Plymouth Notch pays tribute to native son, Calvin Coolidge

PLYMOUTH – Every July 4, the sleepy little hamlet that Calvin Coolidge once called home fills with hundreds of townspeople and tourists who come to wish the 30th U.S. president a happy birthday. But while Independence Day draws the biggest crowds, the historic site that includes Coolidge's ... (Source: Rutland Herald 2010-07-05T12:53:00Z)

Oilers quickly sign No. 1 overall draft pick Hall

EDMONTON, Alberta -- The Edmonton Oilers have signed top overall draft pick Taylor Hall to a three-year, entry-level contract. Hall's deal includes the maximum base salary of $900,000 per season and could end up netting ... (Source: CBS Sports 2010-07-05T19:05:14Z)

Lee has 'great visit' with Timberwolves (AP)

Unlike Rudy Gay, free-agent forward David Lee kept his word and visited the Minnesota Timberwolves on Saturday. His agent says it was worth the trip. Mark Bartelstein said his client "had a great visit" and was "really impressed" by the pitch put on by team president David Kahn, coach Kurt Rambis ... (Source: Bayou Buzz 2010-07-05T01:54:27Z)

Oilers sign first overall pick Hall

EDMONTON — Taylor Hall, the Oilers' prized pick from last month's entry draft, is now under contract. The three-year deal is expected to equal the entry-level National Hockey League contract that John Tavares signed with the New York Islanders last year. The base salary of that contract was ... (Source: Calgary Herald 2010-07-05T18:43:46Z)

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