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 / August 10, 2010, 2:41 am

Wyle Inc. to Acquire CAS, Inc.

Wyle Inc., a leading provider of high tech systems engineering, testing and information technology services, has entered into a definitive agreement to acquire CAS, Inc., a division of ITT Corporation. CAS is a premier ... (Source: PR-USA.net 2010-08-10T06:26:43Z)

Gates Corp. reassured about sale

The proposed $4.5 billion takeover of Gates Corp.'s parent company is not expected to have an impact on its Denver operations. Onex Corp., a Toronto-based private-equity firm, and the Canada Pension Plan ... (Source: Denver Post 2010-08-02T07:04:50Z)

ITT Corp. (ITT) Announces $235M Sale of CAS to Wyle

ITT Corporation (NYSE: ITT ) today announced it has signed a definitive agreement to sell CAS, Inc., its systems engineering and technical assistance (SETA) services business, to Wyle for $235 million. The sale is ... (Source: StreetInsider.com 2010-08-09T11:57:11Z)

A look at college deals for retirees, seniors

Discounted, or even free, tuition is available for senior citizen and retirees. Nearly six decades after graduating from college, Pete Shannon still can't get enough of lectures and homework assignments. The 78-year-old ... (Source: Tacoma News Tribune 2010-08-06T14:31:04Z)

Tourist shot, killed near Union Square

A German tourist was killed late Sunday when she was caught in the crossfire between two teen rival factions in one of San Francisco's main tourism hubs. Mechthild Schroeer, 50, of Minden, Germany. was fatally ... (Source: San Jose Mercury News 2010-08-10T03:13:26Z)

Teen Choice Awards 2010: Twilight dominates with Pattinson and Lautner bagging four ...

It was night of the vampires at Teen Choice Awards last night as "The Twilight Saga" ruled the roost with 12 surfboards in total and CW's "The Vampire Diaries" sucking up another seven trophies. Robert ... (Source: Entertainment and Showbiz! 2010-08-10T06:19:33Z)

ITT agrees to sell CAS Inc.

ITT Corp. has signed a definite agreement to sell CAS Inc., its systems engineering and technical assistance services business, to Virginia-based Wyle Information Systems Inc. for $235 million. ITT leaders said the sale ... (Source: Rochester Business Journal 2010-08-09T20:18:16Z)

Google, Verizon to reach net-neutrality deal separate from broader FCC talks

Google and Verizon are closing in on a net-neutrality deal separate from ongoing talks at the Federal Communications Commission (FCC), which include a broader group of stakeholders. "We've been working with Google for ... (Source: Thehill.com 2010-08-03T23:52:58Z)

Tracking Crab to See How Oil Spill Effects Food Web

Researchers wondering how badly the Gulf of Mexico will suffer from the oil spill are paying close attention to the blue crab. Weeks ago, scientists discovered specks of oil on crab larvae. They say it's an ominous sign ... (Source: WHSV 2010-08-10T08:06:56Z)

Royal Bank of Canada Said to Seek Buyers for Liberty Life Insurance Unit

Royal Bank of Canada , the country's worst-performing bank stock this year, has approached potential buyers for a U.S. insurance unit it acquired for $650 million a decade ago, said people with knowledge of ... (Source: Bloomberg 2010-08-10T04:53:39Z)

VeriSign's Sale of Authentication Services Business to Symantec Closes

VeriSign, Inc. (NASDAQ: VRSN) announced today the completion of the sale of its Authentication Services business to Symantec Corp. (NASDAQ: SYMC) for approximately $1.28 billion in cash subject to adjustments related to ... (Source: msnbc.com 2010-08-09T14:34:40Z)

Teen Charged In Fatal Shooting Of German Tourist

SAN FRANCISCO -- Police have booked and charged an 18-year-old man named Phillip Stewart, of San Francisco, with murder after a shooting on Sunday near Union Square that left a German tourist dead and two ... (Source: BayInsider 2010-08-10T05:07:58Z)

Symantec closes $1.28 billion acquisition of VeriSign unit

DULLES, VA. — Computer security company Symantec Corp. has closed its $1.28 billion acquisition of a unit of VeriSign Inc. that sells security technology to websites, the companies said on Monday. The deal was first ... (Source: San Francisco Examiner 2010-08-10T04:32:11Z)

Retirees get discounts to attend college

CHICAGO — Nearly six decades after graduating from college, Pete Shannon still can't get enough of lectures and homework assignments. The 78-year-old Dallas retiree has taken dozens of classes at his local community ... (Source: Seattle Daily Journal of Commerce 2010-08-10T07:02:30Z)

$4.3M Bail Set In Teen Sex Case

LIVERMORE, Calif. -- A Livermore woman was being held on $4.3 million bail on allegations she had long-term sexual relationships with two teenage boys, authorities said Sunday. Christine Hubbs, 42, was arrested Thursday ... (Source: KCRA.com 2010-08-10T01:18:54Z)

Senior citizens heading back to school

Nearly six decades after graduating from college, Pete Shannon still can't get enough of lectures and homework assignments. The 78-year-old Dallas retiree has taken dozens of classes at his local community college ... (Source: Abington Mariner 2010-08-10T04:39:20Z)

Livermore Woman Held on $4.3 Million Bail for Alleged Sexual Relations With Teens

LIVERMORE, Calif. (AP) - A Livermore woman was being held on $4.3 million bail on allegations she had long-term sexual relationships with two teenage boys, authorities said Sunday. Christine Hubbs, 42, was arrested ... (Source: KRON4 2010-08-07T23:55:23Z)

Crabs Offer Evidence of Oil Tainting Gulf Food Web

Marine biologists routinely gather shellfish for study. Since the spill began, many of the crab larvae collected have had the distinctive orange oil droplets. Researchers are investigating whether the splotches also ... (Source: Sci-Tech Today 2010-08-10T07:09:40Z)

Watch the 2010 Teen Choice Awards Tonight on Fox

The 2010 Teen Choice Awards airs at 8pm ET/PT on Fox. Several of this year's teen icons will be honored at the show, including Katy Perry, Robert Pattionson and Taylor Lautner. The ceremonies took place last ... (Source: Gather.com 2010-08-09T23:53:01Z)

Verizon, Google offer vision of Net's future

SAN FRANCISCO - Google and Verizon on Monday introduced a proposal for how Internet service should be regulated -- and they were immediately criticized by groups that favor keeping the network as open as ... (Source: Minneapolis Star Tribune 2010-08-10T02:09:01Z)

Canada Losing Borrowing Cost Edge to U.S. in Company Debt: Canada Credit

Canadian businesses are losing their borrowing-cost advantage over U.S. companies for the first time in almost six years, as earnings lag behind their American counterparts. The difference in yields between ... (Source: Bloomberg 2010-08-10T04:32:11Z)

Art from Lehman Brothers European offices for sale

Artworks, objects and office signs from the European offices of Lehman Brothers are being auctioned to help pay creditors of the failed investment bank, Christie's auction house said Monday. The Sept. 29 sale ... (Source: Washington Post 2010-08-10T02:44:48Z)

Teen Choice Awards 2010: Katy Perry hosts, vampires dominate

This year's Teen Choice Awards was sooo high school. Hosted by kooky singer Katy Perry and the male stars of 'Glee,' the show was full of cheerleaders, prom queens, goths and nerds. 'Tonight is my chance to go back to ... (Source: New York Daily News 2010-08-10T06:05:14Z)

Symantec closes $1.28B acquisition of VeriSign security unit

Symantec Corp. has completed its acquisition of VeriSign 's identity and authentication business, a deal that included a majority stake in VeriSign Japan. Symantec (NASDAQ: SYMC) and VeriSign (NASDAQ: VRSN ... (Source: San Francisco Business Journal 2010-08-09T18:30:53Z)

Lehman Brothers Auctions Off Souvenirs From the Recession

Disaster capitalism diversifies into memorabilia. Christie's will hold an auction next month in London to sell the discards from Lehman Brothers' European offices in an effort to pay off its $613 billion tab ... (Source: Nymag.com 2010-08-09T14:48:59Z)

Livermore mom delays plea in teen sex case

A 42-year-old Northern California woman has been arraigned on felony charges of unlawful sex with two teenage boys, but delayed entering a plea while her defense lawyer reviews the evidence against her. Christine Hubbs ... (Source: San Luis Obispo Tribune 2010-08-10T03:27:45Z)

Five teens held in connection with slaying of German tourist

San Francisco - Five teenagers were being held Monday on suspicion in the death of a German tourist who was struck by apparent stray gunfire during a shootout between two groups of youths in San Francisco's ... (Source: Earthtimes 2010-08-10T04:10:42Z)

Google, Verizon to reach net neutrality deal

Google and Verizon are closing in on a net neutrality deal separate from ongoing talks at the Federal Communications Commission (FCC), which include a broader group of stakeholders. "We've been working with Google for ... (Source: Thehill.com 2010-08-05T02:50:44Z)

Lehman Brothers artwork to go under the hammer

Works by the likes of Lucian Freud and Gary Hume and the sign that adorned the company's offices in London's Canary Wharf financial district will be among the pieces up for sale, said PricewaterhouseCoopers (PwC), which ... (Source: China Post 2010-08-10T04:10:42Z)

Crabs provide proof oil tainting food web

BARATARIA — To assess how heavy a blow the BP oil spill has dealt the Gulf of Mexico, researchers are closely watching a staple of the seafood industry and primary indicator of the ecosystem's health: the ... (Source: The Daily Advertiser 2010-08-10T08:35:34Z)

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