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Deals of the Hour / August 17, 2010, 12:42 am

'Chest-beating' miners drive takeovers

SYDNEY, Australia - Global gold mining takeovers set a record this year with "chest-beating" miners chasing deals as the price of the metal surged, boosting fees at advisory banks BMO Capital Markets, HSBC Bank PLC and ... (Source: Financial Post 2010-08-04T16:35:08Z)

Novartis Leaves Door Open to Higher Offer for Alcon

(Updates with shareholder vote in 12th paragraph.) Aug. 16 (Bloomberg) -- Novartis AG Chief Executive Officer Joe Jimenez left open the possibility the Swiss drugmaker may raise its $9.8 billion offer to buy ... (Source: BusinessWeek 2010-08-16T09:25:43Z)

Will Iran leave Israel any choice?

When Israel declared independence in 1948, it had to use mostly small arms to repel attacks by six Arab armies. Today, however, Israel feels, and is, more menaced than it was then, or has been since. Hence the ... (Source: Biloxi Sun Herald 2010-08-17T04:09:34Z)

A charmer, 'Scott Pilgrim' certainly knows how to entertain a crowd (video)

MOVIE REVIEW-Title: "Scott Pilgrim vs. the World"-Starring: Michael Cera, Mary Elizabeth Winstead, Kieran Culkin-Director: Edgar Wright-Rating: PG-13-Running time: 108 minutesFor a film that's almost ... (Source: New Haven Register 2010-08-17T05:13:59Z)

ResCare receives buyout offer from Onex

Onex Corp. , a Toronto-based investment firm, has made an offer to purchase ResCare Inc. , a provider of home care to the elderly and people with disabilities. Affiliates of Onex currently hold 24.9 percent of ... (Source: Business First 2010-08-16T13:50:34Z)

RSA Open To Talks With Aviva On Offer - Update

(RTTNews) - RSA Insurance Group plc (RSA: News ,RSA.L: News ) Monday said it was open to discussions with British insurance provider Aviva Plc (AV: News ,AV.L: News ) regarding a possible transaction involving Aviva ... (Source: RTT News 2010-08-16T15:37:57Z)

Nationals reach deal with top overall pick

NEW YORK • Top draft pick Bryce Harper and the Washington Nationals agreed to a $9.9 million, five-year contract just before Monday's 11 p.m. (St. Louis time) deadline. Harper was among at least three first ... (Source: St. Louis Post-Dispatch 2010-08-17T05:35:28Z)

Scott Pilgrim vs. the World scores

S cott Pilgrim vs. the World ( *** ) is the movie that Kick-Ass wishes it could be when it grows up. Thematically savvy, cinematically eye-popping, and infused with a here-and-now pop-culture specificity that ... (Source: creative loafing 2010-08-17T04:23:53Z)

Deals of the day -- mergers and acquisitions

Aug 16 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Monday. ** India-focused miner Vedanta Resources ( VED.L ... (Source: Reuters 2010-08-16T08:57:05Z)

Gay rights group targets Target over anti-gays political donation

WASHINGTON • After the breakdown of negotiations, the nation's leading gay rights organization said Monday that it would continue to protest Target Corp. over a donation used to support a Republican ... (Source: St. Louis Post-Dispatch 2010-08-17T04:59:40Z)

Apple Manager Arrested for Receiving Kickbacks from iPhone & iPod Deals!

An Apple manager was arrested on Friday for accepting kickbacks from the company. Global Supply manager, Paul Shin Devine, was responsible for Apple's contract manufacturing in Asia. According to the San ... (Source: Gather.com 2010-08-16T18:08:16Z)

China attaches conditions to Novartis' Alcon buy

BEIJING (MarketWatch) -- China's Ministry of Commerce on Friday approved Novartis AG's (NYSE:NVS) acquisition of Alcon Inc. (NYSE:ACL) , but attached conditions to the deal in the China market. Novartis will ... (Source: Marketwatch 2010-08-17T00:20:30Z)

"Scott Pilgrim": Michael Cera gets comic-book soul

Edgar Wright's Scott Pilgrim vs. the World is every bit as faithful to its source material (Bryan Lee O'Malley's six-volume series about a 22-year-old go-nowhere man-boy fending off his new girlfriend's seven ... (Source: San Francisco Weekly 2010-08-10T23:58:59Z)

Apple Manager Arrested In $1 Million Kickback Scheme - Paul Shin Devine

A manager at Apple Inc has been charged in California with taking kickbacks he received after leaking corporate secrets to Asian companies that supplied iPhone and iPod accessories, court documents showed ... (Source: Post Chronicle 2010-08-16T22:25:58Z)

Gay Group, Target Still at Odds Over Donations

A national gay rights group says Target Corp. has decided against giving money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support Tom Emmer for governor.Human Rights Campaign ... (Source: KEYC 2010-08-17T04:31:02Z)

Aviva rejects $7.8 billion proposal from RSA for insurance units

LONDON - Insurer Aviva PLC said Monday it rejected a 5 billion pound ($7.8 billion) cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses because the deal wasn't in the ... (Source: Minneapolis Star Tribune 2010-08-17T01:24:55Z)

gold mining takeovers set record

Average quality rating by the Stockhouse community. Melbourne: Global gold mining takeoversset a record this year with "chest-beating" miners chasing deals as theprice of the metal surged, boosting fees at advisory banks ... (Source: Stockhouse 2010-08-05T03:40:51Z)

Asian firms probe Apple kickback claims

By Miyoung Kim and Baker Li SEOUL/TAIPEI (Reuters) - Two Asian manufacturers whose wholly owned units were accused of paying kickbacks to get business from Apple Inc said they were investigating the matter, while a third ... (Source: msnbc.com 2010-08-17T06:25:34Z)

Bryce Harper, Nationals agree to $9.9M deal

NEW YORK—Top draft pick Bryce Harper and the Washington Nationals agreed to a $9.9 million, five-year contract just before Monday's midnight deadline. Harper was among 14 first-round selections who signed on ... (Source: San Jose Mercury News 2010-08-17T06:25:34Z)

Global gold mining takeovers set record

Melbourne: Global gold mining takeovers set a record this year with "chest-beating" miners chasing deals as the price of the metal surged, boosting fees at advisory banks BMO Capital Markets, HSBC Bank and Merrill Lynch ... (Source: Gulf News 2010-08-04T20:17:02Z)

Nationals, top pick Harper reach $9.9M deal before deadline

WASHINGTON -- Top draft pick Bryce Harper and the Washington Nationals agreed to a $9.9 million, five-year contract just before Monday's midnight deadline. Harper was among at least three first-round selections who ... (Source: CBS Sports 2010-08-17T05:06:50Z)

Human Rights Campaign: 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 ... (Source: Columbia Missourian 2010-08-16T22:33:07Z)

Novartis inches towards closure of Alcon deal

ZUG Switzerland (Reuters) - Swiss drugmaker Novartis AG ( NOVN.VX ) moved another step closer to securing its buyout of Alcon ( ACL.N ) after shareholders of the U.S. eye care group elected Novartis-nominated ... (Source: Reuters 2010-08-16T18:36:54Z)

UPDATE 2-ResCare gets $12.60/share offer from PE firm Onex

Aug 16 (Reuters) - ResCare Inc said it received a takeover proposal from Canadian private-equity firm Onex Corp , valuing the U.S. provider of home care to the elderly and disabled at about $370 million, as cash-rich ... (Source: Finanz Nachrichten 2010-08-16T17:25:19Z)

Israel and the missile-strike option

JERUSALEM — When Israel declared independence in 1948, it had to use mostly small arms to repel attacks by six Arab armies. Today, however, Israel feels, and is, more menaced than it was then, or has been ... (Source: Houston Chronicle 2010-08-17T05:28:18Z)

STOCKS NEWS EUROPE-Hunting gains on U.S. acquisition

Shares in Hunting ( HTG.L ) rise 1.6 percent after the oil and gas services firm says it is to buy U.S. electronic technology company Innova-Extel for $125 million in a deal which will add to its well construction ... (Source: Reuters UK 2010-08-16T10:01:30Z)

Hunting buys Innova-Extel

Hunting has bought Innova-Extel for $125m (£80m) in an all-cash offer to bolster its offshore oil service range in Asia and the North Sea. Houston-based Innova-Extel manufactures harsh environment circuit ... (Source: Financial Times 2010-08-16T20:17:07Z)

George F. Will: Netanyahu's warning

JERUSALEM -- When Israel declared independence in 1948, it had to use mostly small arms to repel attacks by six Arab armies. Today, however, Israel feels, and is, more menaced than it was then, or has been since. Hence ... (Source: Pittsburgh Post-Gazette 2010-08-17T04:23:53Z)

Summary Box: Aviva rejects $7.8 billion RSA bid

THE MOVE: Insurer Aviva PLC confirmed it rejected a 5 billion pound ($7.8 billion) cash offer from rival RSA Insurance Group PLC for some of its general insurance businesses. It says the deal isn't in shareholders' best ... (Source: AP - msnbc.com 2010-08-16T22:18:48Z)

ResCare gets buyout offer from Onex Corp. of Canada

Investment firm Onex Corp., which already owns nearly 25 percent of Louisville-based ResCare , wants to buy the rest of the health-care company. The offer from Onex, which currently lists about two dozen ... (Source: Courier-Journal 2010-08-16T21:28:42Z)

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