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, 6:12 pm

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)

New Pacific Metals Corp. makes share purchase offer for Tagish Lake Gold

New Pacific Metals Corp. (TSXV:NUX) says it will make an offer to purchase all of the common shares of Tagish Lake Gold Corp. (TSXV:TLG.V). New Pacific's offer is six cents per share in cash or eight cents in New Pacific shares, or a combination of cash and shares ... (Source: Product Design & Development 2010-07-05T14:11:45Z)

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)

Timberwolves agree on deal with Milicic

MINNEAPOLIS (AP) -- Less than five months ago, Darko Milicic was done with the NBA. Carrying the label of one of the biggest busts in draft history, the former No. 2 overall draft pick who was taken ahead of Carmelo ... (Source: Associated Press 2010-07-01T21:11:40Z)

What Happens After the Dive? History Offers 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: Daily Finance 2010-07-05T04:53:24Z)

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)

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)

New Pacific makes share offer for gold firm

VANCOUVER - New Pacific Metals Corp. (TSXV:NUX) said Monday it will make an offer to purchase all of the common shares of Tagish Lake Gold Corp. (TSXV:TLG.V) and also will make a cash offer to purchase the company's $7.4 million in debt. New Pacific said its offer is worth six cents per share in ... (Source: Metronews.ca 2010-07-05T12:24:22Z)

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)

Capture of alleged spies offer up a bit of 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: Herald-Standard 2010-07-04T05:44:42Z)

Paper: Mideast Looking at Investing in BP

BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an Emirati newspaper, cited unnamed "informed sources" in the region saying that ... (Source: ABC News 2010-07-04T16:50:25Z)

Spy arrests offer a 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: TheDay 2010-07-04T07:46:23Z)

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 2010-07-05T21:28:24Z)

NUX and Rui Feng will make great owners

Average quality rating by the Stockhouse community. All the BS you people spun about YS {who was basically stealing the company from average Joe shareholders} should be ashamed. The creditors, secured and unsecured get paid off 100%. That is one heck of a deal for them. We shareholders get 3 options ... (Source: Stockhouse 2010-07-05T23:58:44Z)

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)

Dubai club Al Ahli signs David O'Leary as coach

DUBAI, United Arab Emirates (AP) — Dubai club Al Ahli said Sunday it had hired former Leeds and Aston Villa manager David O'Leary as its new coach. The signing of former Ireland and Arsenal defender O'Leary came just weeks after Al Ahli agreed a two-year deal with former Juventus and Italy captain ... (Source: Stamford Advocate 2010-07-04T10:52:30Z)

Reliance Power surges, RNRL falls after share deal

MUMBAI: Shares in Reliance Power rose more than 8 per cent on Monday, after the company said on Sunday it would absorb sister firm Reliance Natural Resources in a share swap deal valued at $1.5 billion. Reliance Natural ... (Source: Economic Times 2010-07-05T22:25:40Z)

Katie Holmes joining Glee cast on FOX - will her singing measure up?

In the latest TV entertainment news, it appears that Katie Holmes has signed on with the hit series "Glee" on FOX. Holmes reportedly will be appearing on 5 episodes of the popular musical show. The reports indicate that Holmes had been trying to get this deal done since the second season of the show ... (Source: Gather.com 2010-07-05T19:48:11Z)

Merger between RNRL and Reliance Power done out of necessity, feel analysts

Mumbai: The Rs 50,000 crore all-stock merger deal between Reliance Natural Resources (RNRL) and Reliance Power (RPL) is being seen as insignificant from the value-creation perspective for the latter. In fact, analysts believe the deal has been done out of necessity and is earnings dilutive for RPL ... (Source: Daily News and Analysis 2010-07-05T20:23:59Z)

Katie Holmes denies Glee appearance

Katie Holmes has rubbished reports that she is set to appear as a guest star on Glee. Rumours surfaced over the weekend that the Dawson's Creek actress was in talks over a deal to appear in five episodes of the hit US TV show. But her rep told Zap2It.com that while she does take regular dance ... (Source: Monsters and Critics 2010-07-05T23:58:44Z)

After Drop, Will Stocks Rise? S&P Data Offer Hope

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 financial crisis ... (Source: NPR News 2010-07-04T17:26:12Z)

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)

Reliance Power, Reliance Natural Resources merge

MUMBAI, India -- Reliance Power Ltd. and Reliance Natural Resources Ltd. have agreed to merge in a stock-swap deal valued at 500 billion rupees ($11 billion), which is likely to smooth the path for Reliance Power to get ... (Source: Forbes 2010-07-05T16:06:17Z)

Hall signs entry deal with Oilers

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 ... (Source: CNN Sports Illustrated 2010-07-05T18:29:27Z)

Mideast investors eyeing possible deal with BP as oil giant seeks major funding, reports say

BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an Emirati newspaper, cited unnamed "informed sources" in the region saying that ... (Source: Newser 2010-07-04T16:14:37Z)

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)

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)

HOLMES TRAINING FOR GLEE?

KATIE HOLMES is the latest celebrity in talks to join the cast of hit TV musical GLEE, according to online reports. The former Dawson's Creek star is reportedly negotiating a deal with Fo x network bosses to feature in a five-part guest spot during Glee's upcom ing second season. The National ... (Source: PR Inside 2010-07-05T23:01:28Z)

First Overall Pick Taylor Hall Inks Three-Year Deal With Edmonton

The Edmonton Oilers held a press conference on Monday announcing the franchise has signed the first overall pick of last month's NHL entry draft, Taylor Hall, to a three-year entry level contract. The 18-year-old forward ... (Source: FanHouse 2010-07-05T21:28:24Z)

Mideast buyers reported to be eyeing BP investment

DUBAI, United Arab Emirates — BP may be looking to sovereign wealth funds in the oil-rich Middle East to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports ... (Source: Chattanooga Times Free Press 2010-07-05T15:59:07Z)

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