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 17, 2010, 11:40 pm

Five San Francisco 49ers Most Impacted By Brian Westbrook's Signing

It may have taken awhile, but Brian Westbrook is no longer a free agent after signing a one-year deal with the San Francisco 49ers. The 49ers lost Glen Coffee to retirement a year after he entered the league, and finding ... (Source: Bleacherreport.com 2010-08-18T02:49:38Z)

Oshkosh Gets $201.5M Defense Contract

NEW YORK (AP) -- The U.S. Defense Department said Monday it has awarded Oshkosh Corp. a contract worth $201.5 million to provide tactical vehicles. The agency said the deal calls for 1,288 medium tactical vehicles, which ... (Source: Industrial Distribution 2010-08-17T14:03:42Z)

Judge skeptical of Barclays deal

A federal judge said Barclays Bank ( BCS ) would be getting a "sweetheart deal" under a proposed $298 mil settlement with the Justice Dept., which accused the bank of violating U.S. sanctions against Cuba, Iran, Libya ... (Source: Investors Business Daily 2010-08-17T21:56:09Z)

Ybrant Digital to acquire Lycos from Daum Communications

Aug 17, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Ybrant Digital Limited, an India-based digital marketing solutions company, has signed a stock purchase agreement to acquire Lycos, Inc., a ... (Source: TMCnet 2010-08-17T21:56:09Z)

49ers sign Brian Westbrook

The San Francisco 49ers have signed veteran free agent running back Brian Westbrook (notes) , the team announced. It's a one-year deal worth $1.25 million. Westbrook is a former Philadelphia Eagles star who ... (Source: YAHOO! 2010-08-18T00:19:19Z)

San Francisco 49ers sign running back Brian Westbrook, trade defensive lineman ...

The twists and turns continued at 49ers training camp Monday, with longtime Philadelphia Eagles running back Brian Westbrook signing a one-year deal hours after defensive lineman Kentwan Balmer was traded to ... (Source: FOXSports.com 2010-08-18T03:39:45Z)

Pactiv, maker of Hefty bags, agrees to $4.4B takeover by Reynolds Group

Reynolds Group , part of the global packaging business owned by New Zealand's richest man, said Tuesday it will pay about $4.4 billion for Pactiv , the maker of the Hefty brand trash bags. With debt included ... (Source: Asbury Park Press 2010-08-18T01:59:32Z)

NU to offer more aid to freshmen from Evanston, Chicago

Northwestern University said today it will offer significantly increased financial aid to incoming freshmen who graduate from high schools in Evanston and Chicago , including eliminating loans and required work-study ... (Source: Chicago Breaking News - Tribune 2010-08-17T16:19:42Z)

Aviator reaches deal to halt discharge — for now

An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from service. The ... (Source: AP - msnbc.com 2010-08-16T23:01:45Z)

Target: No Donations Planned For Gay Groups

MINNEAPOLIS -- Target Corp. said Monday it won't give money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor candidate who opposes gay marriage. The ... (Source: San Diego Channel 2010-08-17T12:37:48Z)

Spectrum Brands Announces Growth in Sales for the Third Quarter of Fiscal 2010

On June 16, 2010, the transaction to combine Spectrum Brands, Inc. with Russell Hobbs, Inc. was completed pursuant to the previously announced agreement and Plan of Merger dated February 9, 2010. The addition of Russell ... (Source: Yahoo Finance 2010-08-17T11:33:23Z)

After tough admissions season, off to college

With the monumental numbers of applicants and only a toddler-aged economic recession, the years 2009-2010 have seen one of the most difficult college admission processes in recent years. In fact, the University of ... (Source: Santa Rosa Press Democrat 2010-08-08T20:48:05Z)

BizTimes Wisconsin Morning Headlines: Oshkosh Corp. lands another military contract

The U.S. Defense Department said Monday it has awarded Oshkosh Corp. a contract worth $201.5 million to provide tactical vehicles. The agency said the deal calls for 1,288 medium tactical vehicles, which will ... (Source: Biz Times 2010-08-17T17:59:55Z)

Idaho aviator reaches deal to temporarily block discharge under 'don't ask don't tell ...

BOISE, Idaho (AP) — An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: FOX6Now.com Milwaukee 2010-08-16T23:01:45Z)

Gay rights group: Target won't offer olive branch

MINNEAPOLIS — Target Corp. has decided against giving money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor candidate who opposes gay marriage, a national ... (Source: Dallas Voice 2010-08-17T22:03:18Z)

Aviator reaches deal to halt discharge _ for now

BOISE, Idaho (AP) — An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: KREM 2010-08-18T01:38:03Z)

2nd UPDATE: Judge Wants 'Answers' On Barclays 'Sweetheart Deal'

WASHINGTON -(Dow Jones)- A federal judge on Tuesday expressed concern about a proposed $298 million settlement that would allow Barclays Bank PLC (BCS, BARC.LN) to avoid prosecution on criminal charges that it ... (Source: NASDAQ 2010-08-17T21:20:21Z)

Medtronic announces deal to buy embattled Osteotech, expanding its Memphis-based ...

Medtronic Inc. said today it has agreed to purchase biologics maker Osteotech Inc. for about $123 million. The deal, which is subject to shareholder approval, comes just days after Osteotech's board of ... (Source: Memphis Commercial Appeal 2010-08-18T02:42:29Z)

Fixed Mobile Convergence

Ybrant Digital to acquire Lycos from Daum Communications Aug 17, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Ybrant Digital Limited, an India-based digital marketing solutions company, has signed ... (Source: TMCnet 2010-08-17T21:56:09Z)

Spectrum Brands takes larger 3rd-quarter loss after Hobbs deal; adjusted results top ...

MADISON, WIS. — Spectrum Brands Holdings Inc. said Tuesday it took a larger loss in the fiscal third quarter because of a variety of one-time charges, some of which were connected to its recent acquisition of Russell ... (Source: Washington Examiner 2010-08-17T15:51:04Z)

NU to offer more scholarships to Evanston grads

Northwestern University officials said Tuesday that the university will offer significantly increased financial aid to first-year students who graduate from high schools in Evanston and Chicago, including ... (Source: Morton Grove Champion 2010-08-17T18:28:33Z)

Hefty trash bag maker Pactiv agrees to $4.4 billion takeover by Reynolds Group

LAKE FOREST, Ill. (AP) — Global packaging company Reynolds Group says it's agreed to pay about $4.4 billion for Pactiv , maker of the Hefty brand trash bags. With debt included, the deal is valued at around ... (Source: Chicago Tribune 2010-08-17T13:35:04Z)

UPDATE: Medtronic Reaches $123 Million Deal To Buy Osteotech

Medtronic Inc. (MDT) said it will buy Osteotech Inc. (OSTE) for about $123 million, coming as the Osteotech--a provider of human bone and bone connective tissue used in transplants--has been embroiled in a proxy battle ... (Source: NASDAQ 2010-08-17T15:22:27Z)

Reynolds to pay $4.4b for Hefty maker

NEW YORK — Reynolds Group, part of the global packaging business owned by New Zealand's richest man, said yesterday that it will pay about $4.4 billion for Hefty bag maker Pactiv . Including debt, the ... (Source: Boston Globe 2010-08-18T04:29:51Z)

OSHKOSH - Oshkosh Corp. gets $201 million Defense Department contract

The U.S. Defense Department said Monday it has awarded Oshkosh Corp. a contract worth $201.5 million to provide tactical vehicles. The agency said the deal calls for 1,288 medium tactical vehicles, which will ... (Source: Biz Times 2010-08-17T12:16:20Z)

Barclays Reportedly To Pay $298 Mln To Settle U.S. Sanctions Breach

(RTTNews) - UK-based financial services firm Barclays Plc (BCS: News ,BARC.L: News ) reportedly has reached a $298 million settlement deal with U.S. prosecutors to close an investigation into criminal charges that the ... (Source: RTT News 2010-08-17T08:34:25Z)

Lycos Inc. is sold for $36 million

WALTHAM -- Lycos Inc., whose $12.5 billion sale to Terra Networks a decade ago epitomized the dot-com era, has been sold again for the more sane price of $36 million. India-based Ybrant Digital acquired the ... (Source: Lowell Sun 2010-08-17T10:28:57Z)

Target says it won't give to gay groups to balance MN Forward donation

Target Corp. said Monday it won't give money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor candidate who opposes gay marriage. The discount ... (Source: Pioneer Press 2010-08-17T04:23:53Z)

Medtronic To Buy Osteotech For About $123 Mln - Quick Facts

(RTTNews) - Healthcare company Medtronic Inc. (MDT: News ) Tuesday revealed a definitive deal to buy biologics products maker Osteotech, Inc. (OSTE: News ) for around $123 million. As per the deal, each Osteotech common ... (Source: RTT News 2010-08-17T13:13:36Z)

Acquisition costs deepen losses for Spectrum Brands

Madison-based Spectrum Brands Inc. today reported a fiscal third quarter net loss of $86.5 million, or $2.53 per share, as the company incurred $99 million in expenses for its acquisition of Russell Hobbs Inc ... (Source: Biz Times 2010-08-17T17:31:17Z)

Blog Archive