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, 5:41 pm

Floyd Landis's Custom-Build Leadville 100 Bike Sold In Kentucky For 5 dollars

The bicycle had two flat tires, but Greg Estes figured the $5 asking price still made it a great bargain at a yard sale. Little did he know just how great. Estes checked on the bike's origin after buying it in ... (Source: Gather.com 2010-08-15T01:12:59Z)

Bike sold for $5 once belonged to Floyd Landis

LEXINGTON, Ky. — The bicycle had two flat tires, but Greg Estes figured the $5 asking price still made it a great bargain at a yard sale. Little did he know just how great. Estes checked on the bike's origin ... (Source: Courier-Journal 2010-08-14T16:23:16Z)

UPDATE 3-Deals of the day -- mergers and acquisitions

** Spain's Santander ( SAN.MC ) has renewed talks to merge its U.S. operations with New York regional lender M&T Bank Corp ( MTB.N ), the Financial Times reported, as it resumes its pursuit of the American ... (Source: Reuters 2010-08-17T19:54:27Z)

Beebe Releases $5.9M in Lottery Scholarship Funds,

LITTLE ROCK, Ark. (AP) Gov. Mike Beebe has released an additional $5.9 million in lottery scholarship money and says the awards will go to students on a waiting list. Beebe said Tuesday he received previously ... (Source: WNCT 2010-08-17T21:34:40Z)

Winning Lottery Tickets Sold In Maryland

For the second time in seven months, a $250,000 Mega Millions ticket was sold at Jolly Rogers Discount Liquors in Cumberland. The ticket was sold in time for Friday's drawing. In January, an Ellerslie couple won $250,000 ... (Source: WBAL Radio 2010-08-10T15:30:45Z)

Final Glance: Biotechnology companies

NEW YORK - Shares of some top biotechnology companies were mixed at the close of trading: Amgen fell $.13 or .2 percent, to $53.96. Biogen Idec rose $1.06 or 1.9 percent, to $56.91. Celgene fell $.10 or .2 ... (Source: CNBC 2010-08-17T21:56:09Z)

Study: Lottery shortfall not that bad

NASHVILLE, Tenn. (AP) - A recent study shows the dollar shortfall between Tennessee lottery revenue and the scholarship programs it funds is much less than previously projected. The Commercial Appeal reported that the ... (Source: WTVF 2010-08-17T20:30:15Z)

Indian company buying Lycos from Korea's Daum

NEW YORK (AP) - An Indian company on Monday said it is buying Lycos Inc., once a high-flying U.S. Web portal, for $36 million from Korean Web company Daum Communications. The buyer is Ybrant Digital, a digital marketing ... (Source: Wave 3 2010-08-17T20:15:56Z)

DEALTALK - Sanofi's best bet still may be smaller deals

PHILADELPHIA/BOSTON (Reuters) - Sanofi-Aventis has grabbed the headlines with its $18.4 billion bid for Genzyme Corp, but the French drugmaker may be wiser to stick with smaller, bolt-on acquisitions. Sanofi is trying to ... (Source: Reuters India 2010-08-04T11:41:38Z)

Orioles sign third-overall pick Machado prior to deadline

BALTIMORE - The Orioles are used to the last-minute negotiations and the tension of midnight barreling toward them with the potential of losing the rights to their No. 1 draft pick. For the third time in four ... (Source: Carroll County Online 2010-08-17T23:14:53Z)

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)

Lottery shortfall in scholarship programs less than thought

NASHVILLE — A new analysis indicates the dollar shortfall between Tennessee lottery revenue and the scholarship programs it funds is a lot less than previously projected — reducing the need to cut student ... (Source: Knoxville News Sentinel 2010-08-17T17:02:39Z)

Wal-Mart cuts costs to profit but says consumers wary

CHICAGO — Wal-Mart Stores Inc <WMT.N> said it would focus on curbing expenses to boost profits this year as consumer sentiment remains soft, and signaled a move away from steep price cuts that have hurt its ... (Source: comcast.net 2010-08-17T20:15:56Z)

This garage sale find was real

The bicycle had two flat tires, but Greg Estes figured the $5 asking price still made it a great bargain at a yard sale. Little did he know just how great. Estes checked on the bike's origin after buying it in ... (Source: Minneapolis Star Tribune 2010-08-15T03:00:21Z)

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)

Study: Tennessee Lottery shortfall not that bad

NASHVILLE (AP) - A recent study shows the dollar shortfall between Tennessee lottery revenue and the scholarship programs it funds is much less than previously projected. The Commercial Appeal reported that the study by ... (Source: WATE 2010-08-17T16:34:01Z)

Wal-Mart folds on discounting gamble

NEW YORK (MarketWatch) -- Wal-Mart Stores Inc., which found many new friends in the thick of the recession, seems to be having trouble holding on to its gains. The world's largest retailer (NYSE:WMT) posted a ... (Source: Marketwatch 2010-08-17T16:55:30Z)

Beebe releases $5.9M in additional lottery scholarship money, will go to student ...

LITTLE ROCK, ARK. — Arkansas Gov. Mike Beebe has released an additional $5.9 million in lottery scholarship money and says the awards will go to students on a waiting list. Beebe said Tuesday he received previously ... (Source: Washington Examiner 2010-08-17T20:23:05Z)

Australian And New Zealand Dollars Recover Against Most Majors

(RTTNews) - The Australian dollar climbed against the Canadian dollar after hitting a low of 0.9337 in early Tuesday Asian deals at 8:00 pm ET. The aussie-loonie pair is now worth 0.9383 with 0.939 seen as the next ... (Source: RTT News 2010-08-17T03:19:27Z)

Arkansas lottery scholarships: Beebe releases $5.9 million

Gov. Mike Beebe has released an additional $5.9 million in lottery scholarship money and says the awards will go to students on a waiting list. Beebe said Tuesday he received previously undisclosed information from the ... (Source: Today's THV 2010-08-17T20:30:15Z)

Orioles sign No. 3 overall pick Machado

BALTIMORE -- In a deal that came just three minutes shy of Monday's midnight deadline, the Orioles agreed to terms with third-overall pick Manny Machado, awarding the 17-year-old the second-largest signing ... (Source: Major League Baseball 2010-08-17T05:56:56Z)

Biotechnology companies shares mixed at the close of trading

NEW YORK — Shares of some top biotechnology companies were mixed at the close of trading: Amgen fell $.13 or .2 percent, to $53.96. Biogen Idec rose $1.06 or 1.9 percent, to $56.91. Celgene fell $.10 or .2 percent, to ... (Source: Washington Examiner 2010-08-17T22:03:18Z)

Dollar edges lower as US data, earnings positive

Some positive U.S. economic data seemed to support the idea of a recovering economy Tuesday, weighing on the dollar and other safe haven assets. Successful bond auctions in Ireland and Spain, two indebted European ... (Source: AP - msnbc.com 2010-08-17T20:37:24Z)

Wal-Mart in the Bargain Bin?

INVESTORS ARE CHECKING out Wal-Mart Stores (ticker: WMT) again. Before the opening bell Tuesday, the world's largest retailer reported fiscal second-quarter earnings of $3.6 billion, or 97 cents a share, up ... (Source: Barron's Online 2010-08-17T18:21:24Z)

$250K Lottery Ticket Still Unclaimed

The owner of a party store in Royal Oak said he wants to find the person who bought a $250,000 winning Mega Millions lottery ticket from him before time runs out to claim it, or else he may lose his own bonus. Watch ... (Source: msnbc.com 2010-08-17T23:50:41Z)

Columbus Winning Lottery Ticket Claimed

The holder of a second-tier prize in the August 10, 2010 Mega Millions drawing came forward. Wanda Isbell-Hardy won $250,000 for matching five numbers and no mega ball. After mandatory federal and state taxes ... (Source: NBC4 Columbus 2010-08-09T23:53:01Z)

M&T Bank Gains Most Since June on Report Talks With Santander Have Resumed

M&T Bank Corp. rose the most in two months in New York trading after reports that the Buffalo, New York-based lender restarted discussions about combining with Banco Santander SA. The two lenders have ... (Source: Bloomberg 2010-08-17T20:30:15Z)

Deadline dash: Usual flurry of 11th-hour deals

With the clock quickly approaching midnight, teams made a mad dash to sign their top talent taken in the 2010 Draft. Thirteen first-round picks remained unsigned with just a half-hour remaining before the ... (Source: Baltimore Orioles 2010-08-17T04:31:02Z)

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)

TIMELINE-Major Santander deals in last 10 years

Aug 17 (Reuters) - Spain's Santander ( SAN.MC ) has renewed talks to merge its U.S. operations with New York regional lender M&T Bank Corp ( MTB.N ), the Financial Times reported on Tuesday, as it targets ... (Source: Reuters 2010-08-17T10:50:26Z)

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