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 6, 2010, 10:12 am

Apple blames iPhone 4 reception issue on 'totally wrong' software

All you southpaw iPhone 4 users can relax: Apple says it's figured out why its new smartphone seems to lose reception when held left-handed, and it's not a hardware problem. A note titled "Letter from Apple Regarding iPhone 4" explains that Apple's engineers realized their software didn't correctly ... (Source: Washington Post 2010-07-02T23:55:08Z)

From the News-Sentinel

DALLAS — People streamed into a storefront on a recent summer day at an upscale Dallas mall, but they weren't drawn to a heavy discount on designer clothes. It was story sing-a-long time for babies at one of the city library's newest outposts. The library for kids 12 and under has been wildly ... (Source: FortWayne.com 2010-07-06T14:32:02Z)

Uganda Approves Heritage Asset Sale to Tullow

LONDON—Uganda's government approved the long-delayed sale of Heritage Oil Ltd.'s Uganda assets to Tullow Oil PLC and Tullow's partnership to develop oil discoveries with Total SA and China National Offshore Oil Company, officials said Tuesday. The completion of these transactions will be an ... (Source: Wall Street Journal 2010-07-06T13:34:46Z)

Uganda gives conditional approval for Heritage sale

KAMPALA/LONDON, July 6 (Reuters) - Uganda on Tuesday gave conditional approval for the sale of Heritage Oil's assets there, paving the way for Tullow Oil to start a $10 billion project to develop Uganda's oil reserves. Tullow and Heritage have been waiting since January for Uganda's approval, which ... (Source: The Guardian 2010-07-06T14:46:21Z)

The Bank of East Asia, Limited (0023.HK)

HONG KONG, July 5 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy. HONG KONG, June 24 (Reuters) - These ... (Source: Reuters 2010-07-06T16:26:34Z)

Texas Rangers agree to hold auction for team sale; Nolan Ryan's group says its bid still best

FORT WORTH, TEXAS — The Texas Rangers plan to hold an auction next week for the team's sale in hopes of getting the bankruptcy plan approved, according to a court motion filed Monday. The team, which had a pending sale to a group led by Pittsburgh attorney Chuck Greenberg and Hall of Fame pitcher ... (Source: San Francisco Examiner 2010-07-06T15:00:40Z)

Pittsburgh Zoo offers people with mullets a discount for a day _ and a chance at a haircut

PITTSBURGH (AP) — Mullet conservation efforts are under way in Pittsburgh — the hairstyle, not the fish. The Pittsburgh Zoo and PPG Aquarium gave reduced admission Monday to those sporting the business-in-front, party-in-back look. The tongue-in-cheek promotion kicked off a week of discount ... (Source: Orlando Sentinel 2010-07-06T10:57:17Z)

BP In Talks With Wealth Funds, Reports Say

BP has approached sovereign wealth funds with a view to securing a strategic investor to fend off takeover bids while the British oil company deals with its massive U.S. oil spill, according to press reports. Reuters ... (Source: New York Times Blogs 2010-07-06T12:44:40Z)

BP Appeals to Sovereign Funds for Support Against Bids

British oil company BP is seeking support from sovereign wealth funds in the Middle East and Asia to defend itself from any takeover bids while it deals with its massive U.S. oil spill, a senior UAE source said on Tuesday. Sharon Lorimer BP executives have held talks with a number of sovereign ... (Source: CNBC 2010-07-06T10:00:01Z)

Pittsburgh Zoo offers people with mullets a discount for a day — and a chance at a haircut

PITTSBURGH — Mullet conservation efforts are under way in Pittsburgh — the hairstyle, not the fish. The Pittsburgh Zoo and PPG Aquarium gave reduced admission Monday to those sporting the business-in-front, party-in-back look. The tongue-in-cheek promotion kicked off a week of discount gimmicks ... (Source: San Francisco Examiner 2010-07-06T13:13:18Z)

Cliffs to buy INR's W.Va. coal mine operations

NEW YORK, (Reuters) - Iron ore and coal producer Cliffs Natural Resources Inc said Tuesday it will buy INR Energy's coal mining operations for $757 million, sending its stock up 3.5 percent. Cliffs said the deal will increase its production of both steel-making metallurgical coal and thermal coal ... (Source: CNN Money 2010-07-06T14:17:43Z)

Tullow expects action on Ugandan oil deal

LONDON, July 6 (UPI) -- The Ugandan government is expected to end a corporate dispute that would open the country's vast oil reserves to exploitation, executives said. Heritage Oil in December agreed to sell its Ugandan ... (Source: United Press International 2010-07-06T14:39:12Z)

AgriBank Said to Raise $19.2 Billion in H.K., Shanghai IPO

July 6 (Bloomberg) -- Agricultural Bank of China Ltd. is raising $19.2 billion in an initial public offering after setting a final price for shares on sale in Hong Kong and Shanghai, said five people with knowledge of the matter. China's largest lender by customers priced its Hong Kong shares at ... (Source: BusinessWeek 2010-07-06T15:00:40Z)

INR Energy, LLC Announces Sale of West Virginia Coal Operations to Cliffs Natural Resources, Inc.

"Cliffs presented an attractive offer to INR along with its assurance that it plans to retain the current operational management teams, continue to aggressively grow the business and treat our employees fairly and equitably" INR views this transaction as a positive for its employees ... (Source: Business Wire 2010-07-05T22:39:59Z)

China braces for AgBank IPO price

SHANGHAI/HONG KONG - Agricultural Bank of China, the country's number three bank by assets, has closed the books on its dual Hong Kong and Shanghai share sale and is on track to raise around $US20 billion ($A23.68 billion) in what could be the world's largest ever IPO. AgBank, which is raising the ... (Source: Business Spectator 2010-07-06T14:17:43Z)

Texas Rangers agree to hold auction for team sale

FORT WORTH, Texas -- The Texas Rangers plan to hold an auction next week for the team's sale in hopes of getting the bankruptcy plan approved, according to a court motion filed Monday. The team, which had a pending sale to a group led by Pittsburgh attorney Chuck Greenberg and Hall of Fame pitcher ... (Source: Forbes 2010-07-06T15:07:50Z)

Cliffs to buy INR's West Virginia coal mine operations

NEW YORK (Reuters) - Iron ore and coal producer Cliffs Natural Resources Inc ( CLF.N ) said on Tuesday it will buy INR Energy's coal mining operations for $757 million, sending its stock up 3.5 percent. Cliffs said the deal will increase its production of both steel-making metallurgical coal and ... (Source: Reuters 2010-07-06T14:17:43Z)

Libraries Focus on Convenience With Mall Locations

People streamed into a storefront on a recent summer day at an upscale Dallas mall, but they weren't drawn to a heavy discount on designer clothes. It was story sing-a-long time for babies at one of the city library's newest outposts. The library for kids 12 and under has been wildly successful in ... (Source: Education Week 2010-07-06T16:19:25Z)

Texas Rangers to hold auction for team's sale

FORT WORTH, Texas - The Texas Rangers plan to hold an auction next month for the team's sale in hopes of getting the bankruptcy plan approved, according to a court motion filed Monday. The team, which had a pending sale to a group led by former Curve owner and Pittsburgh attorney Chuck Greenberg and ... (Source: Altoona Mirror 2010-07-06T05:20:51Z)

China Awaits Record AgBank IPO as Books Close

SHANGHAI/HONG KONG (Reuters) - Agricultural Bank of China, the country's No.3 bank by assets, has closed the books on its dual Hong Kong and Shanghai share sale and could break all IPO records by raising more than $22 ... (Source: ABC News 2010-07-06T15:00:40Z)

Bank of China Suspended in Hong Kong After $8.9 Billion Share Sale Report

Bank of China Ltd. shares were halted from trading in Hong Kong after a report the nation's third- largest lender by value plans to raise as much as 60 billion yuan ($8.9 billion) in a stock offering to replenish ... (Source: Bloomberg 2010-07-02T02:55:16Z)

UPDATE 1-China braces for AgBank IPO price as books close

SHANGHAI/HONG KONG, July 6 (Reuters) - Agricultural Bank of China, the country's No.3 bank by assets, has closed the books on its dual Hong Kong and Shanghai share sale and is on track to raise around $20 billion in what could be the world's largest ever IPO. AgBank, which is raising the funds to ... (Source: Life Style Extra 2010-07-06T10:00:01Z)

Pittsburgh Zoo offers people with mullets a discount for a day — and a chance at a ...

PITTSBURGH - Mullet conservation efforts are under way in Pittsburgh — the hairstyle, not the fish. The Pittsburgh Zoo and PPG Aquarium gave reduced admission Monday to those sporting the business-in-front, party-in ... (Source: Minneapolis Star Tribune 2010-07-06T10:57:17Z)

Apple apologizes for iPhone 4 problem; blames software, but some users disagree

The iPhone's software is "totally wrong" at reporting the strength of AT&T's wireless signals, Apple said in an apology to customers posted on its Web site Friday. The computer and gadget company's "Letter from Apple Regarding iPhone 4" addressed complaints raised by a handful of users that its new ... (Source: Washington Post 2010-07-02T23:55:08Z)

Libraries branching out to malls

DALLAS — People streamed into a storefront on a recent summer day at an upscale Dallas mall, but they weren't drawn to a heavy discount on designer clothes. It was story sing-a-long time for babies at one of the city library's newest outposts. The library for kids 12 and under has been wildly ... (Source: News-Sentinel 2010-07-06T14:17:43Z)

First oil reaches the coast of Texas

TEXAS CITY, Texas - Tar balls found over the weekend on a Texas beach were confirmed Monday as the first evidence that crude gushing from BP's ruptured Gulf of Mexico oil well has reached all the gulf states. A Coast ... (Source: Philadelphia Daily News 2010-07-06T07:01:04Z)

Weather hampers tanker test

/NEW ORLEANS -- Shareholders in British Petroleum balked Monday at reports it would seek a strategic investor to ward off takeover bids, as the clean-up costs of its massive U.S. oil spill topped $3 billion. As ... (Source: Owen Sound Sun Times 2010-07-06T11:47:24Z)

BP eyes stake sale, "superskimmer" snagged

Some oil is being captured through a pipe, while some is being burned off. BP said it collected or burned 24,955 barrels Sunday but estimates of the total amount flowing vary and go as high as 100,000 barrels a day. The supertanker dubbed "A Whale," which is being tested, is seen as a potential ... (Source: Town Hall 2010-07-05T22:32:50Z)

AT&T delays retail sale of iPhone 4

by gargamel360 June 22, 2010 4:08 PM PDT Wow. How much longer is Apple going to let AT&T hold them back? They are becoming the proverbial "monkey on the back" of Apple. They need to cut this tumor, before it festers worse (Source: CNET News 2010-06-22T22:33:56Z)

CORRECTED - UPDATE 1-BP approaching SWFs over strategic stake-UAE source

DUBAI, July 6 (Reuters) - British oil company BP ( BP.L ) has approached sovereign wealth funds with a view to securing a strategic investor to fend off takeover bids while it deals with its massive U.S. oil spill, a ... (Source: Reuters 2010-07-06T11:40:14Z)

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