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, 2:40 am

Federal Judge Won't Approve SEC-Citi Deal: WSJ

SAN FRANCISCO -- A federal judge refused to approve the Securities and Exchange Commission's deal with Citigroup Inc. to settle allegations that the bank did not fully disclose its exposure to subprime ... (Source: FOXBusiness 2010-08-16T22:11:39Z)

Washington Nationals agree to $9.9 million deal with top pick Bryce Harper

WASHINGTON — Top overall draft pick Bryce Harper and the Washington Nationals reached an agreement on a $9.9 million, five-year contract seconds before the deadline of midnight EDT Monday night. A year ago ... (Source: Seattle Times 2010-08-17T05:35:28Z)

FTC halts sales of deceptive acai supplements, colon-cleansers

Rhonda Wooten of Paxton, Ill., left, and Heather Boedecker of Cincinnati, Ohio, right, shared testimonials of their weight-loss acai supplement purchases at an Aug. 16 Federal Trade Commission press conference ... (Source: Chicago Tribune (blog) 2010-08-16T23:30:23Z)

Medco to acquire United BioSource for $710M

Medco Health Solutions Inc., the largest pharmacy benefits manager by revenue in the United States, has agreed to buy closely held United BioSource Corp. for $730 million in an all-cash deal. Medco operates an automated ... (Source: Ibj.com 2010-08-16T13:57:44Z)

Judge Rejects $75M SEC, Citigroup Deal

Law360, New York (August 16, 2010) -- A judge has reportedly refused to sign off on the U.S. Securities and Exchange Commission's $75 million settlement with Citigroup Inc. over the bank's alleged failure to fully ... (Source: site.law360.com 2010-08-17T00:27:39Z)

Medco agrees to acquire drug-tester United BioSource

Medco Health Solutions Inc., the largest pharmacy benefits manager by revenue in the U.S., said it agreed to buy closely held United BioSource Corp. for $730 million in an all-cash deal. The agreement is ... (Source: Asbury Park Press 2010-08-17T02:50:49Z)

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)

Nasdaq rises on tech deals

NEW YORK -- Stocks managed to break a four-day losing streak Monday by the slimmest of margins. Investors had no change of heart about the economy, however, and again poured money into the safety of U.S ... (Source: Raleigh News & Observer 2010-08-17T06:04:06Z)

Huskies land top-rated tight end

College football: Austin Seferian-Jenkins, Gig Harbor's 6-foot-7, 260-pound tight end, announced he will attend Washington in front of a group of more than 100 people. Heading into the announcement, Seferian ... (Source: The Spokesman-Review 2010-08-17T07:01:22Z)

Veteran RB Brian Westbrook signs one-year deal with 49ers

Brian Westbrook so wants to be part of a winning team that he accepted a backup job across the country with the 49ers. San Francisco signed the free-agent running back to a one-year deal Monday with a reported ... (Source: Detroit News 2010-08-17T04:59:40Z)

Target cautious; 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 gubernatorial candidate who opposes gay marriage ... (Source: Tulsa World 2010-08-17T07:30:00Z)

Orioles reach late deal with 1st-rounder Machado

The Baltimore Orioles announced Monday the signing of shortstop Manny Machado, the third overall pick of the 2010 draft. Machado, 17, signed straight out of Brito Private High School in Miami, Florida after ... (Source: Fresno Bee 2010-08-17T05:06:50Z)

Target Corp.: 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 discount ... (Source: Post-Bulletin 2010-08-16T23:23:14Z)

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 ... (Source: WIVB 2010-08-16T23:23:14Z)

United BioSource agrees to $730 million sale

United BioSource, a Bethesda drug and device research business, has agreed to be bought in a $730 million deal by Fortune 100 pharmacy benefits manager Medco Health Solutions, executives said Monday. Privately held ... (Source: Maryland Community Newspapers Online 2010-08-16T22:33:07Z)

NFL notes: Brian Westbrook signs 1-year deal with 49ers

The San Francisco 49ers have signed free agent running back Brian Westbrook to a one-year deal, giving Westbrook the second chance he's been seeking. Westbrook has been looking to find a job, visiting several teams in ... (Source: NorthJersey.com 2010-08-17T06:04:06Z)

49ers sign Brian Westbrook to one-year deal

The 49ers signed free-agent RB Brian Westbrook to a one-year, $1.25 million deal Monday to be the primary backup to Frank Gore. Westbrook, 30, played in only eight games last year with the Eagles because of ... (Source: Sporting News 2010-08-17T01:24:55Z)

Aviva says RSA bid wasn't in shareholders' interests

LONDON (Bloomberg)—Aviva P.L.C., Britain's second-biggest insurer, said it rejected a £5 billion ($7.80 billion) bid for its general insurance businesses in the United Kingdom, Canada and Ireland because the deal wasn ... (Source: Business Insurance 2010-08-16T16:13:44Z)

Consumer Alert

The Federal Trade Commission said Monday that a federal judge in Chicago has ordered marketers of acai berry supplements, colon cleansers and other products to temporarily halt online sales. In a complaint ... (Source: Southtown Star 2010-08-17T08:55:54Z)

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 dischargeunder the "don't ask, don't tell" law that bars openly gay and lesbian military members from service ... (Source: msnbc.com 2010-08-16T23:51:52Z)

Stocks eke out slight rise, but mood still pessimistic

NEW YORK -- Stocks managed to break a four-day losing streak Monday by the slimmest of margins. Investors had no change of heart about the economy, however, and again poured money into the safety of U.S ... (Source: Delaware Online 2010-08-17T07:58:38Z)

Judge Won't Approve Citi-SEC Pact

WASHINGTON—A federal judge refused to approve the Securities and Exchange Commission's $75 million settlement with Citigroup Inc. over the bank's disclosure of subprime-mortgage problems, saying she is ... (Source: Wall Street Journal 2010-08-17T07:15:41Z)

Shareholders tell Aviva to reconsider RSA bid - reports

Aviva shareholders are planning to press the insurer to reconsider the £5 billion offer from RSA for its UK, Ireland and Canada general insurance business, according to reports. The Aviva board unanimously ... (Source: Citywire.co.uk 2010-08-17T08:12:57Z)

FTC Cracks Down on Marketers of Acai Berry Products: The Real Deal

The Federal Trade Commission has ordered the marketers of acai berry supplements and colon cleansers to stop an Internet sales scheme that allegedly scammed consumers out of $30 million through deceptive advertising and ... (Source: NewsChannel 9 WSYR 2010-08-17T01:32:05Z)

Washington Nationals, top pick Bryce Harper hit deadline day

WASHINGTON (AP) — The Washington Nationals and No. 1 overall draft pick Bryce Harper were heading toward a deadline to get a deal done Monday. Major League Baseball clubs had until midnight EDT as Monday ... (Source: The Oakland Press 2010-08-17T04:09:34Z)

Gay Air Force Pilot Reaches Deal on Discharge

An 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 military service. The ... (Source: CBS News 2010-08-17T09:17:22Z)

Magic sign Stanley Robinson

The Orlando Magic have signed forward Stanley Robinson, the team's second-round pick in the 2010 NBA Draft. Terms of the deal were not disclosed. Orlando, FL (Sports Network) - The Orlando Magic have signed ... (Source: WKYC 2010-08-16T23:01:45Z)

Washington Nationals reach 11th-hour deal with No. 1 overall draft pick Bryce Harper

WASHINGTON — Top overall draft pick Bryce Harper and the Washington Nationals reached an agreement on a $9.9 million, five-year contract shortly before the deadline of midnight EDT Monday night. A year ago ... (Source: Pioneer Press 2010-08-17T05:21:09Z)

Stocks fluctuate as investor malaise continues

Tuesday, Aug. 17, 2010 | 12:28 a.m. Stocks fluctuated Monday as investors did some tentative buying but then went back to selling for a fifth straight day. The Dow Jones industrial average was down about 30 ... (Source: Las Vegas Sun 2010-08-17T08:05:47Z)

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)

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