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Deals of the Hour / July 9, 2010, 7:11 pm

TheSpec.com - NFL_Football_Wire - Raiders agree to contracts with draft picks Jared ...

ALAMEDA, Calif. - The Oakland Raiders have agreed to contracts with third-round offensive lineman Jared Veldheer and fourth-round selection Bruce Campbell. The deals announced Friday are the first the team has reached ... (Source: Hamilton Spectator 2010-07-09T21:37:58Z)

Durant officially inks extension with Thunder

Forward Kevin Durant has officially signed a multi-year contract extension with the Oklahoma City Thunder. The deal is reportedly for five years. "Today is an exciting and important day in the growth of the Thunder ... (Source: The Sun News 2010-07-07T23:56:21Z)

Retailers deepen discounts to win shoppers in June, fueling worries over back-to ...

NEW YORK - Stores deepened discounts more than planned in June to draw recession-scarred shoppers to buy summer tops and other merchandise. But shoppers bought mostly items they needed, resulting in small revenue gains ... (Source: Minneapolis Star Tribune 2010-07-08T20:56:13Z)

Retailers steepen discounts after choppy June

Stores deepened discounts more than planned in June to draw recession-scarred shoppers to buy summer tops and other merchandise. But shoppers bought mostly items they needed, resulting in small revenue gains. The mixed ... (Source: Forbes 2010-07-08T19:37:28Z)

Breaking News: Cliff Lee Is Now a Texas Ranger

Outstanding Mariners pitcher Cliff Lee has been traded to the Texas Rangers. As part of this deal the Texas Rangers will receive Cliff Lee and Mark Lowe and the Mariners will receive Justin Smoak, Blake Beavan, Josh ... (Source: Bleacherreport.com 2010-07-10T01:34:12Z)

Battle in the skies: EADS and Boeing fight it out for refueling fleet deal

European aerospace giant EADS has confirmed it has made a bid for a massive US military contract for tanker refueling aircraft. European aerospace giant EADS has confirmed it has made a bid for a massive US military contract for tanker refueling aircraft. Arch rival Boeing is expected to submit its ... (Source: Deutsche Welle 2010-07-09T20:12:05Z)

Flyers finalize deal with Zherdev

The Flyers announced today they have signed free agent right wing Nikolai Zherdev to a one-year contract. The team did not disclose terms. "Nik is a highly-skilled player who, at 25 years old, we feel will be a good ... (Source: Delaware Online 2010-07-09T20:40:43Z)

Retailers post tepid June sales, start to discount more

NEW YORK (AP) - Americans didn't go on many shopping sprees in June, resulting in sluggish sales for many retailers. It often took deeply discounted clothing to get shoppers to spend - and then only if they needed it. The lackluster performance, being compared with a weak June 2009, is raising ... (Source: Katu.com 2010-07-08T15:34:05Z)

Boeing workers rally as tanker bid is submitted

Amplifiers blasted out "The Final Countdown" at Everett Machinists Union Hall as a bevy of politicians took the stage to declare, yet again, their support for Boeing's bid on the Air Force refueling tanker contract. That ... (Source: Seattle Times 2010-07-10T01:34:12Z)

Biden assures Leno US getting 4 `really good` spies in Russian swap

BUBANK, Calif. - Vice President Joe Biden had to convince a skeptical Jay Leno that the United States didn't get a raw deal from Russia in the biggest spy swap since the Cold War. Leno asked Biden during a Friday taping ... (Source: Minneapolis Star Tribune 2010-07-10T01:19:53Z)

Clinton says apparent deal for release of political prisoners in Cuba is overdue but ...

WASHINGTON - Secretary of State Hillary Rodham Clinton on Thursday welcomed Cuba's reported promise to free 52 political prisoners. Speaking to reporters at the State Department, Clinton said the Obama administration is ... (Source: Minneapolis Star Tribune 2010-07-08T16:31:21Z)

Cuba takes first steps toward prisoner release

HAVANA (Reuters) - Cuba took the first steps toward releasing 52 political prisoners as the island's Catholic Church on Thursday notified five they would be freed soon in a deal struck with the Cuban government that drew ... (Source: Reuters 2010-07-09T00:30:58Z)

Raiders sign 2 draft picks

The Oakland Raiders have agreed to contracts with third-round offensive lineman Jared Veldheer and fourth-rounder Bruce Campbell. The deals announced Friday are the first the team has reached with this year's draft class. Veldheer was drafted 69th overall out of Division II Hillsdale College in ... (Source: Vail Daily News 2010-07-09T21:37:58Z)

Mariners deal Lee to Rangers for Smoak

SEATTLE -- The Cliff Lee trade roller coaster finally came to a stop on Friday, ending in Texas. Hours after a deal with the Yankees reportedly fell through, the Mariners came to an agreement with their American League West rivals, the Rangers. Seattle sent Lee, injured reliever Mark Lowe and cash ... (Source: Seattle Mariners 2010-07-10T01:05:34Z)

Biden tells Leno US did fine in Russian spy swap

BUBANK, Calif.—Vice President Joe Biden had to convince a skeptical Jay Leno that the United States didn't get a raw deal from Russia in the biggest spy swap since the Cold War. Leno asked Biden during a Friday taping of "The Tonight Show" why the U.S. was sending 10 accused spies back to Russia ... (Source: Denver Post 2010-07-10T01:27:02Z)

Durant's new deal was done quickly

ORLANDO , Fla. — Kevin Durant needed just one minute to agree to a five-year contract extension with the Oklahoma City Thunder . The star forward announced the deal on his official Twitter page Wednesday morning. Team officials showed up at Durant's house at 11:01 p.m. CST on June 30 — the exact ... (Source: Daily Oklahoman 2010-07-09T05:38:46Z)

Raiders sign picks Jared Veldheer, Bruce Campbell

ALAMEDA, Calif. -- The Oakland Raiders have agreed to contracts with third-round offensive lineman Jared Veldheer and fourth-rounder Bruce Campbell. The deals announced Friday are the first the team has reached with this ... (Source: Sporting News 2010-07-09T21:09:21Z)

Pirates go month without multiple-run home run

The Pirates' Ryan Church flips his bat in disgust after striking out to leave bases loaded in the fifth inning Wednesday at Minute Maid Park. HOUSTON -- The Pirates have arrived at the one-month anniversary of their most recent home run with a man on base. No kidding. It came June 8 in Washington ... (Source: Pittsburgh Post-Gazette 2010-07-09T09:20:40Z)

Houston's Oswalt, Berkman silence Pirates, 2-0

HOUSTON -- The Pirates went down quietly to Houston, 2-0, this afternoon at Minute Maid Park, as the Astros' Roy Oswalt pitched a one-hit shutout and Lance Berkman homered twice. The lone hit was a Neil Walker single in the first inning, and Oswalt's only other blemishes were two walks and a hit ... (Source: Pittsburgh Post-Gazette 2010-07-09T09:20:40Z)

Stephen Roach: The Alan Greenspan of China?

• EU Deal Set to Track Terror Financing With U.S. Let's start with the headlines. They sound reassuring. The Federal Reserve said Thursday that Americans slashed their revolving consumer credit—mainly card balances—by about $7.4 billion in May. That's an annualized rate of 10.5%. And that ... (Source: Wall Street Journal 2010-07-09T13:09:44Z)

Lee, Astros use long ball to double up Pirates

Houston, TX (Sports Network) - Carlos Lee slugged a two-run shot as Houston hit a season-high four home runs en route to a 6-3 decision over Pittsburgh in the middle test of a three game set from Minute Maid Park. Jeff ... (Source: Seattle Post Intelligencer 2010-07-08T03:23:57Z)

Retailers post choppy June, deepen discounts

Stores deepened discounts more than planned in June to draw recession-scarred shoppers to buy summer tops and other merchandise. But shoppers bought mostly items they needed, resulting in small revenue gains. The mixed ... (Source: AP - msnbc.com 2010-07-08T20:56:13Z)

Retailers post tepid June, start to discount more

Americans didn't go on many shopping sprees in June, resulting in sluggish sales for many retailers. It often took deeply discounted clothing to get shoppers to spend - and then only if they needed it. The lackluster performance, being compared with a weak June 2009, is raising concerns about the ... (Source: Forbes 2010-07-08T14:58:18Z)

Boeing, EADS bid for chance to build refueling planes for Air Force

The Star-Telegram is pleased to provide this opportunity for you to share your thoughts and observations about news topics. We enjoy lively debate on the issues of the day, but we ask that you refrain from using ... (Source: Fort Worth Star-Telegram 2010-07-10T01:48:31Z)

Flyers sign Zherdev to one-year deal

Nikolai Zherdev is back in the National Hockey League. Following one season playing in Russia, the talented young forward agreed Friday to a one-year contract with the Philadelphia Flyers . "Nik is a highly-skilled ... (Source: NHL.com 2010-07-09T21:37:58Z)

Flyers sign ex-Russian leaguer Zherdev to 1-year deal

PHILADELPHIA (AP) -- The Philadelphia Flyers have signed free agent forward Nikolai Zherdev to a one-year contract. Zherdev had 39 points in 52 games with Atlant-Moscow of the Kontinental Hockey League in 2009-10. Flyers ... (Source: CNN Sports Illustrated 2010-07-10T00:51:15Z)

Activist ends hunger strike after Cuba vows to release prisoners

SANTA CLARA, Cuba — Cuban opposition activist Guillermo Farinas ended his 134-day hunger strike Thursday, following signs the communist government is making good on its promise to release 52 political prisoners ... (Source: Denver Post 2010-07-09T07:04:40Z)

Mariners trade ace Cliff Lee to Rangers

The Seattle Mariners sent the ace left-hander and reliever Mark Lowe to the Rangers on Friday for rookie first baseman Justin Smoak and three minor leaguers. Texas also receives cash as part of the deal. It was the third ... (Source: Cincinnati.com 2010-07-10T01:41:21Z)

Biden assures Leno US getting 4 'really good' spies in Russian swap

BUBANK, Calif. (AP) — Vice President Joe Biden had to convince a skeptical Jay Leno that the United States didn't get a raw deal from Russia in the biggest spy swap since the Cold War. Leno asked Biden during a Friday ... (Source: KTLA.com 2010-07-10T01:19:53Z)

Kevin Durant and Oklahoma City Thunder agree to 5-year contract extension

ORLANDO, Fla. — Kevin Durant needed just one minute to agree to a five-year contract extension with the Oklahoma City Thunder. The star forward announced the deal on his official Twitter page Wednesday morning. Oklahoma City Thunder's Kevin Durant watches the team warm up prior to an NBA summer ... (Source: Daily Oklahoman 2010-07-06T23:57:32Z)

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