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 11, 2010, 6:40 am

Kuwait's Zain net profit rises sharply on Africa unit sale

Kuwaiti telecommunications giant Zain on Monday announced an almost five-fold rise in first half net profit mainly due to the sale of its African operations for 10.7 billion dollars. Zain posted 895.3 million dinars (3 ... (Source: Zimbio 2010-08-09T19:21:00Z)

Muslims prepare for Ramadan

Muslims in South Florida join their billion-plus fellow believers around the world for the start of Ramadan , the holiest month of their year. Ramadan, a time of devotion and fasting, begins Wednesday or ... (Source: Orlando Sentinel 2010-08-11T09:10:10Z)

CORRECTED-UPDATE 1-FNB Corp to buy Comm Bancorp for $70 mln

* Deal to immediately add to adj EPS - F.N.B. Aug 9 (Reuters) - Bank holding company F.N.B. Corp said it will buy Pennsylvania-based Comm Bancorp Inc for about $70 million in cash and stock to branch into eastern ... (Source: Finanz Nachrichten 2010-08-09T22:27:07Z)

CORRECTED - CORRECTED-UPDATE 1-FNB Corp to buy Comm Bancorp for $70 mln

* Deal to immediately add to adj EPS - F.N.B. Aug 9 (Reuters) - Bank holding company F.N.B. Corp ( FNB.N ) said it will buy Pennsylvania-based Comm Bancorp Inc ( CCBP.O ) for about $70 million in cash and ... (Source: Reuters 2010-08-10T06:33:52Z)

Alleged thief tries to sell ladder to victim

HILLSBORO, OR -- An Oregon man has been arrested after he allegedly stole a ladder from a man and then called him later to sell him a ladder. Washington County sheriff's deputies say Kevin Gilman faces theft and burglary ... (Source: KABC 2010-08-11T02:50:47Z)

Ramadan Begins Amid Mideast Heat Wave

Over a billion Muslims around the world began observing the holy month of Ramadan on Wednesday, with the dawn-to-dusk fast posing a particular challenge for the devout in the sweltering Middle East summer. A ... (Source: Time 2010-08-11T13:20:43Z)

Muslims begin fast today for Ramadan

Ramadan, the holy month when Muslims mark the Prophet Muhammad's receiving of the Quran, begins today, with prayers and meals offered every evening at a Reno mosque. Starting today, the Muslim faithful will ... (Source: Reno Gazette 2010-08-11T08:55:51Z)

Movie Review of "Inception"

I struggled with myself for three weeks on whether or not I should go to the theater to see Christopher Nolan's (The Dark Knight and Batman Begins) movie "Inception." The reason that I was hesitant was because of the ... (Source: Associated Content 2010-08-01T13:25:25Z)

Internet Calling Service Skype Files for IPO

Skype is hoping to raise $100 million in an initial public offering of stock. Skype did not say when its shares would go on sale, or at what price. It expects to list on the Nasdaq under an unspecified symbol. A portion ... (Source: CIO Today 2010-08-11T08:48:42Z)

Casino backers could have an ace in the hole with new jobs bill

A vote by the U.S. House on Tuesday to approve a $26 billion jobs bill has revived talk on Beacon Hill about casino legislation declared all but dead just a week ago. The aid bill, already approved by the U.S. Senate ... (Source: Patriot Ledger 2010-08-11T11:11:52Z)

Zain receives $295.4 mln from Bharti for Africa sale

KUWAIT Aug 5 (Reuters) - Kuwaiti telecom firm Zain ( ZAIN.KW ) said it received $295.4 million from India's Bharti Airtel ( BRTI.BO ), as part of the sale of its African assets. In June, Zain and Bharti closed ... (Source: Reuters 2010-08-07T23:55:23Z)

Mass. casino bargain struck n Gov. Deval L. Patrick threatens to veto bill that would authorize 3 ...

BOSTON -- Massachusetts House and Senate leaders agreed Friday on a bill to legalize the most sweeping expansion of gambling in the state in four decades -- drawing immediate criticism from Gov. Deval L ... (Source: Berkshire Eagle 2010-07-31T03:46:47Z)

Ramadan fast begins

Indonesian Muslims offer an evening prayer called 'Tarawih' , at the beginning of the holy fasting month of Ramadan at Istiqlal mosque in Jakarta GAZA CITY — Over a billion Muslims around the world began observing the ... (Source: Cyprus Weekly 2010-08-11T12:59:14Z)

Two mosques ask for beefed-up security as Ramadan begins

The leaders of a mosque in Arlington, Texas and one in Bridgeport, Connecticut have asked local police for beefed-up patrols in their area to coincide with the start of Ramadan, the Muslim holy month, tonight ... (Source: YAHOO! 2010-08-11T13:06:24Z)

'Inception' makes the imagination soar

Christopher Nolan, who directed "Batman," creates a movie unlike any other movie with "Inception." His ideas are original and futuristic. "Memento" was just a hors d'oeuvres and "Inception" is the main course. Nolan ... (Source: Lancaster online.com 2010-07-30T22:53:17Z)

Massachusetts legislative leaders OK deal on casino bill

Boston - Massachusetts House and Senate leaders agreed Friday on a bill to legalize the most sweeping expansion of gambling in the state in four decades - drawing immediate criticism from Gov. Deval Patrick who ... (Source: TheDay 2010-07-31T10:06:10Z)

Observance of Ramadan begins today for Muslims

Fasting all day for Ramadan is a little different in the dog days of summer when a day is 14 hours long versus, say, nine hours long in the winter. But though that may prove to be a little more difficult for ... (Source: Southtown Star 2010-08-11T09:03:01Z)

'Inception' is one of the year's most unique, brilliant films

Over the past decade Christopher Nolan has continually established himself as one of the definitive storytellers of our generation. Through Memento he crafted an unforgettable thriller of ingenious narrative ... (Source: Ahwatukee Foothills News 2010-07-29T02:01:46Z)

In Mideast, Ramadan fast begins with new challenge

GAZA CITY, Gaza Strip -- Over a billion Muslims around the world began observing the holy month of Ramadan on Wednesday, with the dawn-to-dusk fast posing a particular challenge for the devout in the sweltering Middle ... (Source: WHDH.com 2010-08-11T12:59:14Z)

Ore. man charged with selling stolen ladders

(AP) — HILLSBORO, Ore. - An Oregon man has been accused of stealing a ladder and then calling the theft victim to offer to sell him more stolen ladders. Washington County sheriff's deputies said Kevin Gilman ... (Source: Oregonian 2010-08-10T23:01:43Z)

Muslims regard month of Ramadan as time of spiritual self-renewal

While Muslims fast during Ramadan, local Muslims said this religious month goes beyond the abstinence of food — it is a time of spiritual self-renewal. Cherif Amor, associate professor and interim department ... (Source: Lubbock Avalanche-Journal 2010-08-10T05:29:27Z)

Hillsboro man charged with selling stolen ladders

HILLSBORO — An Oregon man has been accused of stealing a ladder and then calling the theft victim to offer to sell him more stolen ladders. Washington County sheriff's deputies said Kevin Gilman is facing ... (Source: Statesman Journal 2010-08-11T06:04:03Z)

Deals of the day -- mergers and acquisitions

Aug 10 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0600 GMT on Tuesday. (For Reuters columns on deals, click on [DEALTALK ... (Source: Reuters 2010-08-10T06:19:33Z)

Skype Moves Towards IPO

Internet communications company Skype announced Monday that it plans to raise up to 100 million dollars in shares after filing for an initial public offering (IPO). The Luxembourg firm filed the request to ... (Source: Redorbit.com 2010-08-10T11:27:22Z)

Airtel earmarks $3.1 bn capex for India, Asia, Africa ops

NEW DELHI: Leading telecom operator Bharti Airtel on Wednesday said it has earmarked a capital expenditure of $3.1 billion (over Rs 14,000 crore) for India and other global operations in the current fiscal. Bharti Airtel ... (Source: Economic Times 2010-08-11T12:59:14Z)

Skype files for IPO in U.S.; no details on price, sale date

NEW YORK — Skype SA, the Internet calling service that was controlled until last year by eBay Inc., filed Monday for a U.S. initial public offering. Luxembourg-based Skype tentatively put the value of the ... (Source: New Haven Register 2010-08-11T07:22:48Z)

2 Muslim Malaysians on trial deny torching church

KUALA LUMPUR, Malaysia (AP) - Two Malaysian Muslims testified in court Tuesday to deny charges that they torched a Christian church in an incident that set off a string of assaults on places of worship early this year ... (Source: WTOP Radio 2010-08-11T04:02:22Z)

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