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 7, 2010, 3:13 pm

Duhon headed to Orlando

CHARLOTTE, N.C. -- The Orlando Magic have reportedly agreed to terms with point guard Chris Duhon. According to the Sporting News, Duhon will sign a four-year deal worth $15 million to back up Jameer Nelson. Duhon played his first four seasons with Chicago and spent the past two years with the ... (Source: Canoe 2010-07-06T15:07:50Z)

Netflix inks movie deal with Relativity Media

A DVD rental from Netflix is seen in Medford, Massachusetts July 25, 2008. U.S. DVD rental service Netflix Inc said it has signed a deal with media company Relativity Media LLC to stream major theatrical movies to Netflix customers before they are shown on premium pay-television channels. Credit ... (Source: Reuters India 2010-07-07T03:32:17Z)

Intensifying China-Pakistan Ties

Pakistan's President Asif Ali Zardari is on a six-day trip to China that began July 6. Zardari is meeting with China's top leaders, and on Wednesday the two countries signed pacts on cooperation in agriculture ... (Source: Council on Foreign Relations 2010-07-07T15:06:38Z)

Alabama software company Intergraph agrees to be acquired by Sweden's Hexagon AB

HUNTSVILLE, Ala. (AP) — Intergraph Corp. , a privately held Alabama software maker, says it has agreed to be acquired by Sweden's Hexagon AB for about $2.1 billion. The deal was announced Wednesday. Intergraph, based ... (Source: Chicago Tribune 2010-07-07T19:24:20Z)

Ringo Starr's All-Starr Band at State Theatre in New Brunswick

They always slipped him the silly ones to sing. John, Paul, and George hogged the serious stuff; the important stuff. When they pushed Ringo to the microphone, it was for fantasies like "Yellow Submarine" and "Octopus's Garden." Now, any Beatle is, by default, a deity. But Ringo Starr is unique ... (Source: NJ.com 2010-07-06T10:50:08Z)

Netflix deal a small victory in competition against pay-cable networks

Netflix needed some good news. It got it. On July 6, the same day the Postal Service proposed a 2-cent increase for the price of a First-Class stamp, the DVD subscription company announced it had reached a five-year ... (Source: dmnews.com 2010-07-07T21:33:11Z)

Nigeria Militants Say Amnesty Deal Overlooked Them

Almost 1,000 militants from Nigeria's oil-rich and restive southern delta are protesting an amnesty deal they say left them out. The militants gathered near Nigeria's capital of Abuja to call for the removal of the government minister in charge of the amnesty deal. They say they weren't able to ... (Source: ABC News 2010-07-07T12:29:10Z)

Pakistan president seeks Chinese investment in energy but makes no mention of nuclear ...

BEIJING (AP) — Pakistan's president appealed Wednesday for Chinese help in developing his country's stagnant energy sector, pointing to nuclear power as one growth area but making no public mention of a deal with China ... (Source: Chicago Tribune 2010-07-07T14:52:19Z)

Review: Travel sites take off with tools for deals

NEW YORK— A lot has changed since I reviewed travel websites four years ago. Now the best ones reflect the new realities of travel, and offer to include luggage fees in fare calculations. That helps because $15 or $25 applied each way can turn a good deal sour. My verdict this time: I found ... (Source: Boston Globe 2010-07-07T17:01:10Z)

BT signs deal with global broadcasters CNBC

BT has signed a five year contract with the global broadcaster CNBC, the leading business and financial news channel, to distribute the channel's content from its London headquarters to its sister sites in the US and Europe. BT will use its UK Media Network and Global Media Network to distribute ... (Source: WebWire 2010-07-07T18:27:04Z)

Huntsville's Intergraph Corp. to be acquired in $2.1 billion deal

One of Alabama's premier high-tech companies is being acquired by a Swedish corporation. Huntsville-based Intergraph Corp ., which makes engineering and geospatial software, said today it will be bought by Hexagon AB in ... (Source: Everything Alabama Blog 2010-07-07T13:55:04Z)

Leaders of 4 political parties in Slovakia sign coalition deal to form centre-right government

BRATISLAVA, Slovakia - The leaders of four political parties in Slovakia have signed an agreement to create a new centre-right government following June's parliamentary election. The coalition holds a 79-seat majority in the 150-seat Parliament and is led by Iveta Radicova of the Slovak Democratic ... (Source: Brandon Sun 2010-07-06T14:03:24Z)

Review of websites for flight deals

EASE OF USE: Travel-focused search engines including Kayak, Bing Travel and TripAdvisor check multiple sites at once as you search for the best airline fares. NEW REALITIES: Fees for checking luggage are now common and ... (Source: AZCentral.com 2010-07-07T16:25:23Z)

Nigeria: militants say they were left out of amnesty deal in oil-rich southern delta

GWAGWALADA, Nigeria (AP) — Almost 1,000 militants from Nigeria's oil-rich and restive southern delta are protesting an amnesty deal they say left them out. The militants gathered near Nigeria's capital of Abuja to call for the removal of the government minister in charge of the amnesty deal. They ... (Source: FOX News 2010-07-07T12:29:10Z)

P&G completes $470m acquisition of Ambi Pur

(MENAFN) Procter & Gamble Co. (P&G) said in a statement that it has completed its $470 million acquisition of Ambi Pur, an air freshener business, from Sara Lee Corp., Reuters reported. The deal, first announced in ... (Source: MENAFN 2010-07-07T08:25:47Z)

Tone between governing parties and opposition in EP is far more normal than in Bulgaria: MEP

Sofia. The Bulgarian MEPs from Citizens for European Development of Bulgaria and Bulgarian Socialist Party have many disputes between each other on various issues in the European Parliament. But at the big Strasbourg sessions, all 17 representatives for Bulgaria gather and discuss jointly actions ... (Source: Focus Infomation 2010-07-07T15:56:45Z)

Summary Box: Review of websites for flight deals

EASE OF USE: Travel-focused search engines including Kayak, Bing Travel and TripAdvisor check multiple sites at once as you search for the best airline fares. NEW REALITIES: Fees for checking luggage are now common and can add up. Kayak and TripAdvisor both let you include such fees in comparing ... (Source: AP - msnbc.com 2010-07-07T18:34:14Z)

Nuke deal with Pakistan to follow global norms

BEIJING (Online) – India Tuesday said China had made it clear that the civil nuclear cooperation with Pakistan would be in accordance with international obligations. "New Delhi will wait and see how Beijing presses ahead with its plans to build two nuclear reactors in Pakistan's Chashma II ... (Source: Nation 2010-07-07T02:13:33Z)

K&L Gates Reps Hexagon In $2B Deal For Intergraph

Law360, New York (July 07, 2010) -- Swedish measurement technology company Hexagon AB has inked a deal to acquire engineering software provider Intergraph Corp. in an all-cash transaction valued at approximately $2.125 ... (Source: site.law360.com 2010-07-07T19:31:30Z)

P&G's closes Ambi Pur deal

CINCINNATI — The Procter & Gamble Co. has completed its $470 million acquisition of air freshener business Ambi Pur from Sara Lee Corp. The deal, first announced in December, complements P&G's Febreze line of deodorizers and scents and expands the company's global reach in the air freshener ... (Source: Springfield News Sun 2010-07-06T13:41:56Z)

Militants protest amnesty deal

Gwagwalada - Almost 1 000 militants from Nigeria's oil-rich and restive southern delta are protesting an amnesty deal they say left them out. The militants gathered near Nigeria's capital of Abuja to call for the removal of the government minister in charge of the amnesty deal. They say they weren't ... (Source: Beeld 2010-07-07T16:18:13Z)

Slovakia: Deal signed for center-right government

BRATISLAVA, Slovakia— The leaders of four political parties in Slovakia have signed an agreement to create a new center-right government following June's parliamentary election. The coalition holds a 79-seat majority in the 150-seat Parliament and is led by Iveta Radicova of the Slovak Democratic ... (Source: Boston Globe 2010-07-06T16:12:15Z)

U.S. Indexes Surge, Led by Bank Shares

Wall Street indexes closed higher for a second day on Wednesday, something traders have not seen in more than two weeks. The three major indexes closed up nearly 3 percent, rising on a brighter outlook for banks on both ... (Source: New York Times 2010-07-07T21:40:21Z)

Summary Box: Netflix deal adds to online movies

WIN FOR NETFLIX: Netflix Inc.'s online streaming service is getting several movies a year that would have gone to pay TV outlets such as HBO or Showtime. STRATEGY SHIFT: It's part of Netflix's push to make more titles available online and on devices such as game consoles. THE TITLES: Relativity ... (Source: Huffingtonpost.com 2010-07-06T21:48:41Z)

NBA free-agency tracker: Magic lands Chris Duhon

The Orlando Magic tried to sign Chris Duhon in free agency two years ago, only to watch him go to New York. They finally got their man today. Duhon reached an agreement with the Magic for a $15-million, four-year deal ... (Source: Detroit Free Press 2010-07-07T02:35:01Z)

Magic reach deal with former Knicks PG Chris Duhon

The agent for Chris Duhon says the point guard has reached an agreement with the Orlando Magic for a $15 million, four-year deal. Agent Kevin Bradbury told The Associated Press on Tuesday the chance to play for a ... (Source: FOXSports.com 2010-07-06T16:48:03Z)

EU Stress Tests May Include 17% Loss on Greek Debt

July 7 (Bloomberg) -- European Union banking regulators have told lenders that their planned stress tests may assume a loss of about 17 percent on Greek government debt and 3 percent on Spanish bonds, according to two ... (Source: BusinessWeek 2010-07-07T17:22:39Z)

Ringo Starr turns 70 -- and he's at peace with that

Ringo Starr turned 70 on Wednesday, marking the occasion with a few hundred friends at the Hard Rock Cafe in New York's Times Square. Why all the peace signs at the gathering? Turns out that's what the former Beatle wanted as a birthday gift, according to a video message on his website . "Someone ... (Source: Los Angeles Times 2010-07-07T21:11:43Z)

Happy Birthday Ringo Starr! Peace and love at noon today!

Peace and love, peace and love baby! Be a part of a worldwide event and flash the peace sign at noon in honor of Ringo Starr's birthday. The former Beatle, born Richard Starkey, is celebrating his 70th birthday today. He was the oldest member of the Beatles, born only a few months before Lennon ... (Source: Examiner 2010-07-05T23:58:44Z)

Procter & Gamble Completes Acquisition of Ambi Pur

(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 consultations in ... (Source: ABC News 2010-07-06T19:54:10Z)

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