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, 8:40 pm

Accused smuggler Anna Fermanova faces arraignment today in New York 11:16 AM CT

A Plano woman suspected of trying to smuggle three high-tech rifle scopes into Russia will be arraigned this morning in a Brooklyn court. Anna Fermanova, who had been under house arrest in Plano for a couple ... (Source: Dallas Morning News 2010-08-09T16:14:53Z)

Hanesbrands To Buy GearCo - Quick Facts

(RTTNews) - Apparel essentials provider Hanesbrands Inc. (HBI: News ) Tuesday said it has signed a definitive purchase deal to acquire GearCo, Inc., known as Gear For Sports, a seller of licensed logo apparel in ... (Source: RTT News 2010-08-10T12:10:19Z)

Quest Software completes buyout of Surgient, terms not disclosed

ALISO VIEJO, CALIF. — Quest Software Inc. has completed the buyout of Surgient, a leader in private cloud automation software. Terms of the deal for privately held Surgient, which is based in Austin, Texas, were not ... (Source: San Francisco Examiner 2010-08-10T17:39:36Z)

Bruins say league investigating Savard deal just like Kovalchuk's

BOSTON -- The Boston Bruins say they're cooperating with the NHL in its investigation of Marc Savard's contract. The league is looking into Savard's contract after voiding one with a similar structure that went to Ilya ... (Source: CBS Sports 2010-08-10T21:50:08Z)

Mexico drug cartels thrive despite Calderón's offensive

Nearly four years after President Felipe Calderón launched a military-led crackdown against drug traffickers, the cartels are smuggling more narcotics into the United States, amassing bigger fortunes and ... (Source: Seattle Times 2010-08-11T01:10:34Z)

As NHL considers voiding Hossa, Savard, Luongo deals, experts weigh in on Kovalchuk ...

In the aftermath of Richard Bloch's decision to both uphold the NHL's rejection of Ilya Kovalchuk's 17-year contract with the New Jersey Devils on the grounds that it circumvented the salary cap's "spirit" and ... (Source: MLive.com 2010-08-10T21:21:30Z)

Legalize Drugs, Says Mexican Ex-President

Former Mexican president Vicente Fox, who has watched a national drug war claim 28,000 lives in less than four years under his successor, Felipe Calderón, says that "radical prohibition strategies have never ... (Source: Newsweek 2010-08-10T20:31:23Z)

NHL eyeing rich deals for cap violations

New York-- The NHL said Tuesday it is examining several "front-loaded" long-term player contracts in the wake of an arbitrator's ruling this week. Arbitrator Richard Bloch ruled Monday in favor of the NHL's power to void ... (Source: The Money Times 2010-08-11T02:43:37Z)

Audel heads to Stuttgart

Valenciennes striker Johan Audel confirmed he has signed a four-year deal with German club VfB Stuttgart, subject to a medical. The 27-year-old scored 26 goals, including 24 for Valenciennes, in 96 Ligue 1 games. He ... (Source: Special Broadcasting Service 2010-08-11T00:13:18Z)

Cubs' Carlos Silva Undergoes Heart Surgery

SAN FRANCISCO -- Chicago Cubs pitcher Carlos Silva underwent a procedure called cardiac ablation on Monday to correct a problem with his heart rate. The Cubs hope he will return to the mound sometime this season. Silva ... (Source: NESN.com 2010-08-10T17:46:45Z)

Cubs' Silva undergoes heart procedure

SAN FRANCISCO (AP) — Chicago Cubs pitcher Carlos Silva underwent a procedure called cardiac ablation on Monday to correct a problem with his heart rate. The Cubs hope he will return to the mound sometime ... (Source: comcast.net 2010-08-10T16:35:10Z)

AstraZeneca to Pay $198 Million to Settle Seroquel Suits

AstraZeneca PLC said Monday it has reached agreements to pay a modest $198 million to settle a little over half of the U.S. lawsuits that allege its antipsychotic drug Seroquel caused diabetes and other harm ... (Source: Law.com 2010-08-10T20:45:42Z)

AstraZeneca inks $198M deal to settle US lawsuits alleging antipsychotic drug caused ...

LONDON (AP) — AstraZeneca PLC said Monday it has reached agreements to pay a modest $198 million to settle a little over half of the U.S. lawsuits that allege its antipsychotic drug Seroquel caused diabetes ... (Source: Los Angeles Times 2010-08-09T20:32:35Z)

Quest Software completes buyout of Surgient

Quest Software Inc. has completed the buyout of Surgient, a leader in private cloud automation software. Terms of the deal for privately held Surgient, which is based in Austin, Texas, were not disclosed. Quest CEO Doug ... (Source: AP - msnbc.com 2010-08-10T17:39:36Z)

Bundesliga, Bayern, and Germany Talk: Schalke's Progress Halted By Bayern

This preseason trophy has been revived after fourteen years and Bayern, to Louis Van Gaal's disbelief, have won it. Van Gaal was quite pessimistic when questioned about whether his side could win this trophy, and they ... (Source: Bleacherreport.com 2010-08-10T18:58:20Z)

Ilya Kovalchuk deal gets sent off

A n arbiter ruled yesterday that the NHL acted correctly in voiding Ilya Kovalchuk's landmark $102 million contract with the New Jersey Devils. The league had rejected the 17-year contract, saying the longest deal in ... (Source: Boston Herald 2010-08-10T20:31:23Z)

Cubs' Silva undergoes procedure to correct heart rate

SAN FRANCISCO -- Chicago Cubs pitcher Carlos Silva underwent a procedure called cardiac ablation on Monday to correct a problem with his heart rate. The Cubs hope he will return to the mound sometime this season. Silva ... (Source: CBS Sports 2010-08-10T05:07:58Z)

Audel heads for Stuttgart

AFP/File – Valenciennes striker Johan Audel, seen here in 2009, confirmed he has signed a four-year deal with German … 4 mins ago VALENCIENNES, France (AFP) – Valenciennes striker Johan Audel confirmed ... (Source: YAHOO! 2010-08-09T12:32:58Z)

Devils working on new deal to re-sign forward Ilya Kovalchuk

The New Jersey Devils are working on another deal to sign Ilya Kovalchuk. Less than 24 hours after an arbitrator ruled that the NHL acted correctly in voiding Kovalchuk's landmark $102 million contract with ... (Source: FOX News 2010-08-10T23:16:02Z)

Gear for Sports sells to Hanesbrands in $225M cash, debt deal

Hanesbrands (NYSE: HBI), a Winston-Salem, N.C., company known for brands such as Hanes, Champion and Wonderbra, on Tuesday announced a definitive purchase agreement to acquire GearCo Inc., which is known as ... (Source: Birmingham Business Journal 2010-08-10T13:29:03Z)

UPDATE 2-Deals of the day -- mergers and acquisitions

(Adds San Miguel, Kewill, Hanesbrands,Korea Exchange Bank, ICBC, PTT ONGC, CKX, Hydrogenics, Camco, WestLB ;Updates International Power, Banpu, ArcelorMittal) Aug 10 (Reuters) - The following bids, mergers ... (Source: Reuters 2010-08-08T23:54:12Z)

AstraZeneca to settle suits for $198m

LONDON — AstraZeneca PLC said yesterday that it has reached agreements to pay $198 million to settle a little more than half of the US lawsuits that allege its antipsychotic drug Seroquel caused diabetes and ... (Source: Boston Globe 2010-08-10T16:20:51Z)

Symantec acquires authentication services unit of VeriSign

Aug 10, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Symantec Corp. has acquired identity and authentication business of VeriSign, Inc., which includes the Secure Sockets Layer (SSL) Certificate ... (Source: TMCnet 2010-08-10T21:50:08Z)

Texan faces Russia smuggling charges in NY

NEW YORK (AP) - A woman who's drawn comparisons to a Russian secret agent with the same first name could get a plea deal on charges she tried to smuggle high-tech rifle sights to Moscow. At a brief appearance Monday in ... (Source: msnbc.com 2010-08-09T21:15:32Z)

US Symantec completes Verisign's security unit acquisition

(M&A Navigator Via Acquire Media NewsEdge) US security software provider Symantec Corp (NASDAQ:SYMC) said yesterday it has bought the security business of Verisign (NASDAQ:VRSN) in a deal worth USD1.28bn ... (Source: TMCnet 2010-08-10T12:10:19Z)

Symantec closes purchase of VeriSign unit

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 announced on May ... (Source: AP - msnbc.com 2010-08-09T20:11:06Z)

Bruins: Marc Savard deal investigated like Ilya Kovalchuk's

B OSTON — The Boston Bruins [ team stats ] say they're cooperating with the NHL in its investigation of Marc Savard's contract. The league is looking into Savard's contract after voiding one with a ... (Source: Boston Herald 2010-08-10T21:35:49Z)

Quest Software Buys Surgient; Preps for Private Clouds, IaaS

Quest Software aims to bring its smart systems management portfolio to the private cloud, with its purchase of Surgient Inc., a privately held secure private cloud automation software firm. The deal should close this ... (Source: Integration Developer News 2010-08-04T01:04:33Z)

Mexican president open to change in drug strategy

President Felipe Calderon said Tuesday he is willing to change Mexico's drug-war strategy and promised a new offensive against money laundering after hearing blistering criticism from opposition leaders ... (Source: Tacoma News Tribune 2010-08-10T21:28:39Z)

Texas woman faces Russia smuggling charges in New York

NEW YORK (AP) — A woman who's drawn comparisons to a Russian secret agent with the same first name could get a plea deal on charges she tried to smuggle high-tech rifle sights to Moscow. At a brief appearance Monday in ... (Source: KHOU 2010-08-10T15:37:54Z)

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