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, 6:12 am

European stocks surge ahead

European stock markets soared Tuesday, mirroring bumper gains in Asia, as investors snapped up bargains and were comforted by an upbeat economic outlook from Australia's central bank. London's benchmark FTSE 100 index ... (Source: Big Hollywood 2010-07-06T12:08:52Z)

Procter & Gamble finishes buy of Ambi Pur brand from Sara Lee

CINCINNATI (AP) — The Procter & Gamble Co. , said it has completed its $470 million acquisition of Ambi Pur, an air freshener business, from Sara Lee Corp. The deal, first announced in December, complement's P&G's Febreze line of deodorizers. It was subject to regulatory review and work councils ... (Source: Chicago Tribune 2010-07-06T12:01:43Z)

Do you think Elena Kagan will get confirmed?

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 ... (Source: Town Hall 2010-07-06T10:42:58Z)

Hong Kong Stocks Climb; Chalco, China Resources Land Lead Gains

July 6 (Bloomberg) -- Hong Kong stocks rose, halting four days of losses, as Chinese developers gained after reporting higher sales, and after Central Huijin Investment Ltd. agreed to take up a Bank of China Ltd. rights ... (Source: BusinessWeek 2010-07-06T08:48:26Z)

Coal Discount to Winter U.K. Gas Seen Shrinking: Energy Markets

July 6 (Bloomberg) -- The advantage of using coal instead of natural gas to generate electricity in the U.K. this winter may diminish because of European Union pollution restrictions. Gas for next-month delivery in the U.K., Europe's biggest market, has jumped 61 percent since the end of the first ... (Source: BusinessWeek 2010-07-06T08:55:36Z)

Recycling groups offer alternative to tossing items

DEAR ABBY: On May 13, "Diana in Lakewood, Calif.," asked you how to reuse or donate little jewelry boxes. You offered some great tips, but you should have let folks know about two terrific resources for giving away or ... (Source: Chicago Sun-Times 2010-07-06T08:55:36Z)

Procter&Gamble completes acquisition of Ambi Pur

CINCINNATI (AP) - The Procter&Gamble Co., said it has completed its $470 million acquisition of Ambi Pur, an air freshener business, from Sara Lee Corp. The deal, first announced in December, complement's P&G's Febreze line of deodorizers. It was subject to regulatory review and work councils ... (Source: News On 6 2010-07-06T12:01:43Z)

Reliance Power, Reliance Natural Resources merge

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 natural gas for ... (Source: Bradenton Herald 2010-07-06T04:02:06Z)

Librariesfocus on convenience with mall locations

By JAMIE STENGLE Associated Press Writer DALLAS (AP) - 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 ... (Source: msnbc.com 2010-07-06T09:17:04Z)

Asia closes mixed despite 2 major merger deals

Asian stocks ended mixed Monday, but most markets shrugged off the Friday losses on Wall Street and the poor U.S. jobs data. Despite two large merger deals coming out of Australia, the benchmark S&P/ASX 200 failed to hold on to earlier gains. The index ended 0.4% lower. But Centennial Coal soared 32 ... (Source: CNBC 2010-07-05T10:08:22Z)

Home tax credit helps Klausmeyer Construction grow during a slow year for the housing market

Bill Knowles, president of Don Klausmeyer Construction LLC, says the company built about 75 homes thanks to the first-time home buyer tax credit. As most Wichita-area home builders struggled through soft sales during ... (Source: Wichita Business Journal 2010-06-24T23:57:27Z)

Readers share some gems for jewelry boxes

DEAR ABBY: On May 13, "Diana in Lakewood, Calif.," asked you how to reuse or donate little jewelry boxes. You offered some great tips, but you should have let folks know about two terrific resources for giving away or ... (Source: Milwaukee Journal Sentinel 2010-07-06T10:14:20Z)

New York Knicks, Amar'e Stoudemire complete deal

NEW YORK — Amare Stoudemire is headed to the New York Knicks , and both sides are hoping he's not coming alone. 07/05/2010 Miami Heat fans showed up to greet Dwyane Wade upon his arrival in Miami, but were sent to the ... (Source: Daily Oklahoman 2010-07-06T03:33:28Z)

Sara Lee Completes Sale Of Air Care Arm Ambi Pur To P&G For EUR 320 Mln - Quick Facts

(RTTNews) - Monday, Sara Lee Corp. (SLE: News ) announced that it completed the sale of its air care business to The Procter & Gamble Co. (PG: News ) for EUR 320 million. Separately, Procter & Gamble confirmed the acquisition of Ambi Pur Brand. Ambi Pur is a global air care brand with presence in 80 ... (Source: RTT News 2010-07-05T13:35:57Z)

Recycling options exist for many items

Dear Abby: "Diana in Lakewood, Calif." asked you how to reuse or donate little jewelry boxes. You offered some great tips, but you should have let folks know about two terrific resources. Freecycle.org is an online ... (Source: Columbus Dispatch 2010-07-06T11:11:36Z)

Hamburg complete Drobny deal

Hamburg have completed the signing of goalkeeper Jaroslav Drobny from Hertha Berlin on a free transfer. The 30-year-old has penned a three-year deal at the Nordbank Arena and is happy to have remained in the Bundesliga after Hertha were relegated last season. He told the club's official website, www ... (Source: Mirror Football 2010-07-05T11:55:44Z)

Mall locations, cafes, easy return boxes pop up as libraries focus on convenience

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 ... (Source: FOX News 2010-07-06T07:15:23Z)

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: Yahoo Finance 2010-07-06T12:01:43Z)

Fake World Cup Can't Clear Customs; Replica Made Of Cocaine

Bogota, Colombia (AHN) – A World Cup trophy made its way not to South Africa, but rather into the hands of Colombian authorities who seized it and later learned it was made of 24 pounds of cocaine. Badly fading gold paint tipped off investigators, who sent a piece of the replica to a lab for ... (Source: Gant Daily 2010-07-04T17:11:53Z)

Jam said to be made from Princess Di's hair

LONDON (AP) -- The royal hair? Jam made from what its maker claims is one of Princess Diana's hairs is up for sale at an art exhibition in London.... NEW YORK (AP) -- A Japanese eating champion who sat out this year's Coney Island Fourth of July hot dog contest apparently couldn't resist the ... (Source: WWL First News 2010-07-05T04:03:18Z)

Hillingdon swimmer Karly Mann goes down in history (From This Is Local London)

HILLINGDON swimmer Karley Mann claimed Balfour Beatty London Youth Games gold then set about repeating the trick at the European Junior Championships in less than two weeks time. The 15-year-old comfortably cruised to the 50m backstroke title at Crystal Palace, while she also helped the Borough of ... (Source: This is london Calling 2010-07-06T10:28:39Z)

Del. fishing buddies reel in stolen, dumped cars

NEW CASTLE, Del. (AP) -- A couple of fishing buddies from Delaware have been catching more than just bass. They've been helping police reel in cars.... LONDON (AP) -- The royal hair? Jam made from what its maker claims is one of Princess Diana's hairs is up for sale at an art exhibition in London ... (Source: WWL First News 2010-07-06T11:04:27Z)

Reliance Natural Resources Takeover to Stem Value Destruction, Karvy Says

Investors in Reliance Natural Resources Ltd. , the fuel supplier owned by billionaire Anil Ambani that was bought by his power utility at a 31 percent discount, may have suffered an even bigger loss had the company ... (Source: Bloomberg 2010-07-06T07:44:01Z)

Hamburg sign Drobny from Hertha Berlin

Hamburg have completed the signing of goalkeeper Jaroslav Drobny from Hertha Berlin on a free transfer. Drobny has penned a three-year deal with Hamburg after Hertha were relegated last season. He told the club's official website: "I am looking forward to the challenge. I am convinced that we will ... (Source: ESPN Soccernet 2010-07-05T21:57:02Z)

EOG Resources on the search for office space in San Antonio

EOG (NYSE: EOG), a leading independent oil and natural gas company with more than 2,100 employees, is on the hunt for space to accommodate its operations here, according to sources with intimate knowledge of the deal ... (Source: San Antonio Business Journal 2010-06-25T14:37:55Z)

Anil Ambani's Reliance Power and Reliance Natural Resources merge in $11 billion stock swap

MUMBAI, India (AP) — 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 ... (Source: Orlando Sentinel 2010-07-06T05:13:41Z)

Skagit Valley Hospital to buy big physicians group; in major shift, doctors are joining with ...

The 81-doctor Skagit Valley Medical Center is selling itself to Skagit Valley Hospital in a $17.4 million deal that reflects a growing trend of independent physicians' groups joining larger organizations. Within the ... (Source: Seattle Business Journal 2010-06-25T14:37:55Z)

Hamburg snares Drobny

The 30-year-old has penned a three-year deal at the Nordbank Arena and is happy to have remained in the Bundesliga after Hertha were relegated last season. He told the club's official website, www.hsv.de: "I am looking forward to the challenge. I am convinced that we will have a great and successful ... (Source: Special Broadcasting Service 2010-07-05T23:51:34Z)

Forward Amare Stoudemire agrees to maximum deal to play for New York Knicks | NBA

NEW YORK — Amare Stoudemire is headed to the New York Knicks, and both sides are hoping the free-agent forward is not coming alone. Knicks officials said Monday they intend to sign Stoudemire to a contract later this ... (Source: Seattle Times 2010-07-06T08:48:26Z)

Stoudemire to sign Knicks' $100M deal later this week

NEW YORK (AP) -- Amare Stoudemire is headed to the New York Knicks , and both sides are hoping he's not coming alone. The Knicks said Monday they intend to sign Stoudemire to a contract later this week when the free agent moratorium period ends. Stoudemire's agent, Happy Walters, said the deal is ... (Source: CNN Sports Illustrated 2010-07-06T05:35:10Z)

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