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 13, 2010, 11:39 am

Townhall News MLB owners approve sale of Texas Rangers

Nolan Ryan and Chuck Greenberg have no more courtrooms to enter, no more briefs to file, no more bidding wars to win. At long last, their pursuit of the Texas Rangers is over, and both are breathing big sighs ... (Source: Town Hall 2010-08-13T07:13:16Z)

NBA nixes Isiah Thomas deal Knicks

T here was enough huffing and puffing (and, look out!, common sense), that in the end, Isiah Thomas was prevented from receiving a paycheck from his former employer, James Dolan. That doesn't mean the two won't still gab ... (Source: Collegebaseball.rivals.com 2010-08-09T23:53:01Z)

Blackstone Group dismantles Dynegy, shares soar in buyout

(AXcess News) Washington - Blackstone Group is dismantling Dynegy Inc. (NYSE: DYN) through a buyout to take the energy provider private in a deal valued at $4.7 billion. When the news reached the marketplace, DYN shares ... (Source: Axcess News 2010-08-13T15:12:52Z)

Search ongoing for two miners

ELKO - Recovery efforts continued this morning at Barrick Gold Corp.'s Meikle Mine north of Carlin for two miners missing after an accident in the underground mine's shaft. "It looks like we should be able to ... (Source: Elko Daily Free Press 2010-08-13T17:21:43Z)

International Business Machines Corp. to Buy Unica Corp. in $480M Cash Deal (IBM,UNCA ...

International Business Machines Corp. ( NYSE:IBM ) officials announced Friday that the company will purchase Unica Corp. ( NASDAQ:UNCA ) for $480 million in cash, or $21 per share. "Unica will expand IBM's ability to ... (Source: Comtex Smartrend 2010-08-13T13:04:01Z)

Chili's sales likely fell short in 4Q, UBS says

Chili's, the restaurant chain owned by Brinker International Inc., most likely fell short of its competitors during the most recent quarter, an analyst told investors in a research note Monday. THE OPINION: UBS analyst ... (Source: AP - msnbc.com 2010-08-02T19:22:08Z)

Canaccord Genuity Moves Rating to 'Tender' on Superior Well Services (SWSI) on Nabors

Canaccord Genuity moves rating to Tender on Superior Well Services (Nasdaq: SWSI ), price target $22.12. Canaccord analyst says, "SWSI has agreed to be acquired by Nabors (NYSE: NBR ) for $22.12 per share in cash. We now ... (Source: StreetInsider.com 2010-08-10T14:40:38Z)

Giants get Jose Guillen from Royals

KANSAS CITY, MO (AP) -- The Kansas City Royals have traded outfielder Jose Guillen to the San Francisco Giants in exchange for a player to be named later and cash considerations. The Royals announced the deal Friday ... (Source: KXTV News10Net 2010-08-13T17:50:21Z)

Wimm-Bill-Dann Buys Back Stake from Danone

French food group Danone confirmed that it would sell its stake in Wimm-Bill-Dann back to the juice and dairy group for $470 million, freeing it up to pursue a deal with WBD rival Unimilk . A deal for its 18.4 percent ... (Source: Moscow Times 2010-08-13T06:16:00Z)

Superior Well Services (SWSI) Downgrade Alert, Watch for 43.4% Technical Uptrend Reversal

Superior Well Services ( NASDAQ:SWSI ) downgraded to Hold from Buy, $22 target, at Jefferies. The stock closed yesterday at $22.08 on volume of 38,057,400 shares, above average daily volume of 551,792. Superior Well ... (Source: Comtex Smartrend 2010-08-10T13:57:41Z)

Royals Trade Jose Guillen to San Francisco Giants

The pitching and defense are what have been carrying the Giants for most of the year, and they have been very lucky that Aubrey Huff is having a resurgent year for them. Huff leads the team in average, runs ... (Source: Associated Content 2010-08-13T17:57:31Z)

CORRECT: WSJ: Harrah's Registers Shares, Not Planning IPO

Harrah's Entertainment Inc. registered shares Thursday with the Securities and Exchange Commission on behalf of an investor who recently struck a deal to acquire nearly 10% of the gambling company. The SEC form used to ... (Source: NASDAQ 2010-08-12T22:45:02Z)

Barrick has had 5 deaths in 14 years at Nevada mine where two are reported missing

Two missing miners are feared to be dead in an accident Thursday at an underground gold mine near Carlin that has seen five fatalities since opening in 1994. Barrick Gold Corp. has not confirmed any deaths at the Meikle ... (Source: Reno Gazette 2010-08-13T18:18:59Z)

Mlb Owners Approve Sale of Texas Rangers, Bba

MINNEAPOLIS (AP) Major League Baseball owners today approved the sale of the Texas Rangers to an investment group led by Hall of Fame pitcher Nolan Ryan and sports attorney Chuck Greenberg. The sale was ... (Source: WCBD 2010-08-13T05:04:25Z)

Dynegy to be acquired by Blackstone Group for $542.7 million plus debt; stock soars ...

NEW YORK (AP) — Dynegy Inc. says it plans to be acquired by the Blackstone Group for $542.7 million. Including the assumption of debt, the companies value the deal at $4.7 billion. Dynegy said Friday its ... (Source: Chicago Tribune 2010-08-13T12:56:52Z)

Isiah Thomas Withdraws From Role as Consultant with NBA's New York Knicks

Isiah Thomas won't return to the New York Knicks as a consultant amid questions about whether his appointment would violate National Basketball Association rules because he is a college basketball coach ... (Source: Bloomberg 2010-08-12T10:49:12Z)

IBM to buy marketing services company Unica for $480 million as it expands ad ...

NEW YORK (AP) — IBM Corp. said Friday that it has agreed to buy the marketing services company Unica Corp. in a $480 million deal that would give IBM more tools to meet its customers' growing demand for ... (Source: Los Angeles Times 2010-08-13T16:31:37Z)

WSJ: Harrah's Registers Shares, Not Planning IPO

("WSJ: Harrah's Entertainment Files For Initial Public Offering," published at 5:28 p.m., mistakenly said the company is planning an IPO, in headline and body of story. The correct version follows.) Harrah's ... (Source: FOXBusiness 2010-08-12T23:49:27Z)

Barrick Deals With Nevada Mining Accident

ELKO COUNTY, Nev. (TheStreet) -- Barrick Gold ( Symbol : ABX ) has shut down its Meikle underground mine as it investigates a possibly deadly accident that occurred Thursday morning. Details remain fuzzy, but around 1:15 ... (Source: Inside Fidelity 2010-08-13T15:27:11Z)

Knicks name Isiah consultant; NBA reviewing deal

The Knicks have named Isiah Thomas a part-time consultant to the team but he will keep his job as head coach of Florida International. Thomas, fired by the Knicks in 2008 after embarrassments on and off the court, was ... (Source: New York Post 2010-08-06T22:02:02Z)

MLB owners unanimously approve sale of Texas Rangers to group led by Hall of Famer ...

FILE - This Aug. 5, 2010, file photo shows Texas Rangers president Nolan Ryan smilingduring a news conference, in Arlington, Tex. Major League Baseball owners unanimously approved the sale of the Texas Rangers to an ... (Source: Washington Examiner 2010-08-13T16:38:46Z)

Brinker International 4Q net income up 50 percent

DALLAS—Brinker International Inc., which owns the Chili's restaurant chain, said Thursday its fiscal fourth-quarter net income rose 50 percent as costs fell and it booked a gain on the sale of its On The ... (Source: San Jose Mercury News 2010-08-12T20:50:30Z)

Restaurant Chains Resurrect Deals Amid Meek Recovery

NEW YORK -(Dow Jones)- Restaurant chains, much like their customers, are finding it hard to give up on deals. Amid signs of a slower-than-expected recovery, Brinker International Inc.'s ( EAT) Chili's Grill & Bar and O ... (Source: NASDAQ 2010-08-12T19:31:45Z)

Danone agrees $470 mln Wimm-Bill-Dann stake sale

Wimm-Bill-Dann, which also makes juice and baby food, said the transaction involved both local shares and American Depositary Receipts and will be funded from its own resources. ($1=.7681 Euro) (Reporting by James ... (Source: The Guardian 2010-08-12T06:31:30Z)

UPDATE 1-Danone agrees $470 mln Wimm-Bill-Dann stake sale

PARIS, Aug 12 (Reuters) - French food group Danone ( DANO.PA ) will sell back its 18.4 percent stake in Wimm-Bill-Dann ( WBD.N ) to the Russian juice and dairy group for $470 million, it said on Thursday ... (Source: Reuters 2010-08-12T06:17:11Z)

Casino Chain Harrah's Registers Shares

LAS VEGAS (AP) - Harrah's Entertainment Inc. registered shares Thursday with the Securities and Exchange Commission on behalf of an investor who recently struck a deal to acquire nearly 10 percent of the ... (Source: MyFox Detroit 2010-08-12T23:27:59Z)

Nabors (NBR) Acquires Superior Well Services (SWSI) In $900M Deal

Nabors Industries Ltd. (NYSE: NBR ), the largest land-rig contractor in the world, said Monday that it has agreed to acquire smaller oilfield services company Superior Well Services Inc. (NASDAQ: SWSI ) for about $900 ... (Source: StreetInsider.com 2010-08-09T12:47:17Z)

IBM continues buyout streak in wake of Sterling Commerce deal

IBM Corp. is continuing a string of software company purchases with a deal to acquire a Massachusetts company. The Armonk, N.Y.-based technology giant said it has a deal to buy Unica Corp. of Waltham, Mass., in a cash ... (Source: Columbus Business Journal 2010-08-13T14:15:36Z)

Royals send ex-Mariner Jose Guillen to Giants

KANSAS CITY, Mo. — The Kansas City Royals traded veteran outfielder Jose Guillen to the San Francisco Giants on Friday in exchange for a player to be named later and cash considerations. The Royals announced the deal ... (Source: Everett Herald 2010-08-13T17:43:12Z)

Dynegy Goes Private for $4.7B In Blackstone Deal

The Blackstone Group said today it would take power company Dynegy private in a deal valued at $4.7 billion, including debt. Blackstone will pay $4.50 in cash for each outstanding share of Dynegy , a 62% ... (Source: Forbes 2010-08-13T16:45:56Z)

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