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, 3:40 pm

Kyle Parker signs with Rockies

DENVER (AP) -- The Colorado Rockies have reached an agreement with Kyle Parker, their top draft pick, that will allow him to quarterback Clemson this fall before he hands off to baseball in the spring. The deal with ... (Source: WRDW-TV 2010-08-17T17:59:55Z)

Medco expands research efforts with $730M deal for trial technology developer United ...

NEW YORK (AP) — Pharmacy benefits manager Medco Health Solutions Inc. says it will buy United BioSource Corp., which develops technology used in clinical trials and patient monitoring, for $730 million in ... (Source: Fort Lauderdale Sun-Sentinel 2010-08-16T12:17:31Z)

Kyle Parker agrees to deal with Colorado Rockies at deadline, will continue to play ...

Bartram Trail High graduate Kyle Parker, who turned down an earlier offer from the Colorado Rockies to continue to play football at Clemson, agreed to a contract with the Rockies late Monday. The contract ... (Source: Florida Times-Union 2010-08-17T14:46:39Z)

JetBlue brings back 1-month passes for $499 or $699

JetBlue, which operate routes from Salt Lake City, again is offering its popular All-You-Can-Jet pass that allows anyone to travel to an unlimited number of cities over a one-month period. The pass is valid for flights ... (Source: Salt Lake Tribune 2010-08-17T21:34:40Z)

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)

Hong Kong's Stock Index Rises as Land Sale Beats Estimates

Aug. 17 (Bloomberg) -- Hong Kong's Hang Seng Index rose for a second day, led by developers, as the first government land auction since the city's latest measures to curb home prices exceeded analysts ... (Source: San Francisco Gate 2010-08-17T09:17:22Z)

2nd UPDATE: China Attaches Conditions To Novartis Buy Of Alcon

BEIJING -(Dow Jones)- China's Ministry of Commerce approved Novartis AG's ( NVS, NOVN.VX) acquisition of Alcon Inc. (ACL), but attached conditions to the deal in the China market, it said in a statement dated Friday, the ... (Source: NASDAQ 2010-08-16T18:51:13Z)

Dustin Johnson, without pointing fingers, feels he's pointed in right direction

SHEBOYGAN, Wis. (AP) — On the day after a nightmare-inducing end to the PGA Championship , Dustin Johnson was on his boat off the coast of South Carolina, about as far from a bunker as he could possibly be. "Just ... (Source: Fort Lauderdale Sun-Sentinel 2010-08-17T20:51:43Z)

PGA prez doesn't expect Whistling Straits change

MILWAUKEE (AP) - The PGA of America president doesn't expect any changes to the rule on Whistling Straits' countless bunkers when the PGA Championship returns in five years. The golf world was still reeling Monday over ... (Source: WKBT 2010-08-17T21:13:12Z)

Clemson's Parker Signs Major League Deal

WYFF 4.com Clemson baseball star Kyle Parker has signed a major league deal. According to Baseball American executive editor Jim Callis, Parker signed with the Colorado Rockies late Monday night for $1.4 million. Parker ... (Source: msnbc.com 2010-08-17T20:44:34Z)

Major stores report profits, but sometimes even deep discounts aren't enough

NEW YORK – A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days ... (Source: FOX News 2010-08-17T21:06:02Z)

Agrium Offers To Acquire AWB For A$1.24 Bln - Update

(RTTNews) - Canadian fertilizer and agricultural products distributor Agrium, Inc. (AGU: News ,AGU.TO: News ) announced Sunday an offer to acquire Australian rival AWB Ltd. (AWBZF.PK: News ,AWB.AX: News ) for A$1.50 per ... (Source: RTT News 2010-08-16T01:26:07Z)

Agrium Says Buy of Wheat Exporter AWB to Provide Base for Asian Expansion

Agrium Inc. , which has offered A$1.2 billion ($1.1 billion) cash for AWB Ltd., said buying Australia's largest wheat exporter and No. 2 rural services provider will give it a base for expansion into Asia ... (Source: Bloomberg 2010-08-17T11:33:23Z)

All-you-can-fly deal on JetBlue

JetBlue is bringing back its popular All-You-Can-Jet pass that allows anyone to travel to an unlimited number of cities over a one-month period. The pass is valid for flights between Sept. 7 and Oct. 6, the ... (Source: AZCentral.com 2010-08-17T19:18:40Z)

Hong Kong's Hang Seng Index Rises as Land Sale Beats Estimates

Aug. 17 (Bloomberg) -- Hong Kong's Hang Seng Index rose for a second day, as property developers rallied following a government land sale that exceeded analysts' estimates. Sino Land Co., the worst ... (Source: BusinessWeek 2010-08-17T09:31:41Z)

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 directors ... (Source: Reuters UK 2010-08-16T18:36:54Z)

Summary Box: Reynolds Group to buy Hefty bag maker

THE DEAL: Reynolds Group, part of the global packaging business owned by New Zealand's richest man, says it will pay about $4.4 billion for Hefty bag maker Pactiv. Including debt, the acquisition is valued at around $6 ... (Source: AP - msnbc.com 2010-08-17T20:51:43Z)

Hong Kong's Hang Seng Index Rises as Land Sale Beats Estimates

Aug. 17 (Bloomberg) -- Hong Kong's Hang Seng Index rose for a second day, as property developers rallied following a government land sale that exceeded analysts' estimates. Sino Land Co., the worst performer ... (Source: San Francisco Gate 2010-08-17T09:46:00Z)

Grotech Ventures Announces Sale of United BioSource to Medco Health

Grotech Ventures, a leading early investor in high-potential technology companies and one of the longest-established firms in the venture industry, announced today that Medco Health Solutions, Inc. has agreed to acquire ... (Source: msnbc.com 2010-08-17T13:56:33Z)

Reynolds Group To Buy Pactiv for $6B

Pactiv Corp. ( PTV ), maker of Hefty garbage bags, said Tuesday that it will be acquired by food and beverage packaging company Reynolds Group Holdings Ltd. for $6 billion. The deal calls for Pactiv ... (Source: FOXBusiness 2010-08-17T18:50:02Z)

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 Calls Settlement With Barclays 'a Sweetheart Deal'

WASHINGTON (Reuters) — The British banking giant Barclays received a "sweetheart deal" from the Justice Department in a proposed settlement of criminal charges that accuse the bank of violating federal ... (Source: New York Times 2010-08-17T19:47:18Z)

Agrium bids $1.09B for Aussie grain producer AWB

The fertilizer company Agrium says it will pay more than $1 billion, for Australian grain producer AWB, it's second recent attempt at a major buyout. The offer, for $1.34 per share, is an attempt to swipe AWB from ... (Source: AP - msnbc.com 2010-08-16T12:10:21Z)

JetBlue Reissues Flying Promotion All-You-Can-Jet pass is good for travel from Sept ...

NEW YORK | JetBlue is bringing back its popular All-You-Can-Jet pass that allows anyone to travel to an unlimited number of cities over a one-month period. The pass is valid for flights between Sept. 7 and Oct. 6, the ... (Source: The Ledger 2010-08-17T21:56:09Z)

ANALYSIS-US judges put feet down, stomp regulatory accords

NEW YORK (Reuters) - Federal investigators don't try to bring wrongdoers to justice by concocting "half-baked," "sweetheart" deals in search of a judicial "rubber stamp." But in the last year, U.S. judges have ... (Source: CNN Money 2010-08-17T20:23:05Z)

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)

Stores finding deep discounts aren't enough

A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other chains are ... (Source: AP - msnbc.com 2010-08-17T21:13:12Z)

Bad beats: Dustin Johnson's Bunker Penalty

David Payne writes for Covers Expert Ben Burns. Who noticed it right when it happened? Who was the first to point out Dustin Johnson grounding his club in a patch of sandy grass on the 72nd hole of the PGA Championship ... (Source: Covers.com 2010-08-17T21:56:09Z)

UPDATE 2-Novartis inches towards closure of Alcon deal

ZUG, Switzerland, Aug 16 (Reuters) - Swiss drugmaker Novartis AG moved another step closer to securing its buyout of Alcon after shareholders of the U.S. eye care group elected Novartis-nominated directors to the Alcon ... (Source: Finanz Nachrichten 2010-08-16T18:51:13Z)

TJ Maxx and Marshalls Off-Price Fall Fashion Blogger Event

25 bloggers were invited to take an insiders look at the world of off-price retailing with TJ Maxx and Marshalls…And First Class Fashionista was so there! We are very excited to share with you, our valued readers, what ... (Source: TV.com 2010-08-17T19:54:27Z)

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