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, 7:39 am

MannKind Announces Proposed Stock Offering And Related Share Lending Arrangement ...

(RTTNews) - MannKind Corp. (MNKD: News ) on Monday announced the commencement of an offering of up to 8 million shares of its common stock. The common stock being offered represent shares of MannKind common stock that ... (Source: RTT News 2010-08-16T21:28:42Z)

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)

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)

MannKind To Offer 8 Million Shares, Agrees To Share Lending Pact

MannKind Corp. (MNKD) announced Monday that it would offer up to 8 million shares, as the biopharmaceutical company said it would enter into a share- lending agreement with Bank of America Corp. (BAC). Shares of the ... (Source: NASDAQ 2010-08-16T20:52:55Z)

Michigan supreme court races sure to draw big spenders, study says

Expect an expensive, nasty campaign for the Michigan Supreme Court this fall if the past decade was a preview, a new national study suggests. Michigan ranks third among states in money spent on TV ads for ... (Source: Detroit Free Press 2010-08-17T11:19:04Z)

Walgreen July sales rise but miss expectations

Drugstore operator Walgreen Co. said Wednesday its revenue grew in July, but results fell short of Wall Street estimates. Walgreen's total sales were boosted by the acquisition in April of the Duane Reade chain. Sales at ... (Source: AP - msnbc.com 2010-08-04T14:47:45Z)

Parliament passes law to let 400,000 Palestinian refugees in Lebanon work in any ...

BEIRUT - Lebanon's state-run news agency says Parliament has passed a law that for the first time grants the country's Palestinian refugees the right to work in any profession. The bill approved on Tuesday is the most ... (Source: CJAD 2010-08-17T13:35:04Z)

Blackstone to Acquire Dynegy

On Friday, Blackstone Group (NYSE: BX - News ) announced that it will acquire Dynegy Inc. (NYSE: DYN - News ), a Houston based energy company, for $4.7 billion (including debt). Under the deal, Blackstone will pay $4.50 ... (Source: Yahoo Finance 2010-08-16T14:12:03Z)

Is Justice for Sale?

WASHINGTON - August 16 - Spending on state Supreme Court elections has more than doubled in the past decade, from $83.3 million in 1990-1999 to $206.9 million in 2000-2009, and deep-pocketed special interests play a ... (Source: Common Dreams 2010-08-16T13:36:15Z)

Nationals pitcher Stephen Strasburg has strong words for top draft pick Bryce Harper

Washington Nationals pitcher Stephen Strasburg says he has no advice to offer the team's top draft pick, catcher Bryce Harper, who has until midnight Monday to come to a deal with the team. But after Sunday's ... (Source: Los Angeles Times 2010-08-16T19:12:42Z)

YRC Completes Sale of Logistics Business

YRC Worldwide said Monday it has completed the previously announced sale of parts of its YRC Logistics unit to a private equity firm for $38.7 million, the Associated Press said. The company said it received $ ... (Source: Transport Topics Online 2010-08-16T14:55:00Z)

Gay rights group: Target won't offer olive branch

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 gay ... (Source: Idaho State Journal 2010-08-17T06:32:44Z)

Regulatory issues could delay Vedanta-Cairn deal

NEW DELHI (Reuters) - Regulatory hurdles could delay Vedanta Resources' ( VED.L ) purchase of a stake of up to $9.6 billion in Cairn India ( CAIL.BO ), but the buyer and analysts see them as unlikely to derail ... (Source: Reuters 2010-08-17T09:31:41Z)

Gay rights group says talks with Target broke down

WASHINGTON — Following the breakdown of negotiations, the nation's leading gay rights organization said Monday that it will continue to protest Target Corp. over a donation used to support a Republican gubernatorial ... (Source: Joplin Globe 2010-08-17T12:52:07Z)

Stock Report On GENZ, MNKD, PWRM From PennyToBuck.com

2010-08-16 23:07:26 - PennyToBuck Stock Report on PWRM, GENZ, MNKD for August 16th, 2010. Power3 Medical Products, Inc. (OTCBB:PWRM) announced that, in collaboration with Lourdes R. Bosquez, MD, it has unexpectedly ... (Source: PR Inside 2010-08-16T21:07:14Z)

Bryce Harper Signs With Washington Nationals In A Record Deal

Nationals fans can finally feel relieved. Bryce Harper, the 17-year-old baseball prodigy, has agreed to terms with the Washington Nationals. Harper, who was the first overall pick in June, agreed to a contract ... (Source: Gather.com 2010-08-17T13:27:55Z)

Blackstone Group dismantles Dynegy, shares soar in buyout

(AXcess News) Washington - Blackstone Group is dismantling Dynegy Inc. (NYSE: DYN) through a buyout to take the energy provider private in a deal valued at $4.7 billion. When the news reached the marketplace, DYN shares ... (Source: Axcess News 2010-08-13T15:12:52Z)

Pactiv agrees to $4.4B takeover by Reynolds Group

LAKE FOREST, Ill. -- 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 $6 ... (Source: Forbes 2010-08-17T14:10:52Z)

Lebanon Grants Palestinian Refugees Right to Work, ML

BEIRUT (AP) Lebanon's state-run news agency says Parliament has passed a law that for the first time grants the country's Palestinian refugees the right to work in any profession. The bill approved on Tuesday ... (Source: WNCT 2010-08-17T13:56:33Z)

YRC closes $38.7M sale of its logistics business

YRC Worldwide Inc. has completed the sale of its logistics business to Austin Ventures for $38.7 million. The Overland Park, Kan.-based trucking firm (Nasdaq: YRCW) said Monday that it received the initial ... (Source: St. Louis Business Journal 2010-08-16T16:20:54Z)

Walgreen July Sales Up 6.2% - Update

(RTTNews) - Drugstore chain operator Walgreen Co. (WAG: News ) reported Wednesday 6.2% higher July sales, while comparable store sales was marginally up by 0.4%. The July performance was impacted by effect of calendar ... (Source: RTT News 2010-08-04T15:02:04Z)

Reynolds Group Buys Pactiv For $4.4 Billion

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 $6 billion ... (Source: Industrial Distribution 2010-08-17T14:10:52Z)

Deal reached by March 14 over Palestinian rights

Lebanon's Social Affairs Minister Selim Sayegh, also a member of the Phalange party, told Future News on Tuesday that a deal was reached on Monday during the meeting headed by Future bloc leader MP Fouad ... (Source: Ya Libnan 2010-08-17T10:28:57Z)

DJ Vedanta Group Offer For 20% Of Cairn India Opens Oct 11, Closes Oct 30

MUMBAI, Aug 16, 2010 (Dow Jones Commodities News via Comtex) -- The Vedanta Group's proposal to buy 20% of Cairn India in an open offer--part of a plan to acquire 51%-60% of the company--will open on Oct. 11 and pay ... (Source: Investors Business Daily 2010-08-17T03:48:05Z)

Ohio ranks 2nd nationally in state Supreme Court campaign spending

Ohio is at the "forefront" of states with "runaway judicial election spending," according to a report released on Monday, Aug. 16. Overall spending in Ohio state Supreme Court races between 2000 and 2009 totaled ... (Source: Dayton Daily News 2010-08-16T18:22:35Z)

Dynegy Inc. Investors file lawsuits

PRLog (Press Release) – Aug 17, 2010 – At least two investors in Dynegy Inc. (NYSE:DYN) shares filed lawsuits in State Court against the Dynegy board of directors for selling Dynegy too cheaply through an unfair ... (Source: PRLog (free press release) 2010-08-17T12:23:29Z)

REFILE-UPDATE 2-Vedanta sees no deal hurdles in Cairn deal

NEW DELHI, Aug 17 (Reuters) - Vedanta Resources <VED.L> sees no regulatory hurdles to its purchase of a stake of up to $9.6 billion in Cairn India, as Cairn Energy's <CNE.L> chairman headed to New Delhi on ... (Source: FOXBusiness 2010-08-17T06:32:44Z)

YRC completes sale of logistics unit; will still offer logistics via deal with Austin ...

NEW YORK — YRC Worldwide Inc. said Monday it completed the $38.7 million sale of its logistics unit, the latest step in the beleaguered trucking company's turnaround effort. YRC, one of the country's largest trucking ... (Source: San Francisco Examiner 2010-08-16T14:40:41Z)

Walgreen's 7,500 stores offer walk-in flu vaccines

CHICAGO (Reuters) - Walgreen Co's 7,500 stores now offer flu vaccines to walk-in customers during nearly all pharmacy and clinic hours, the company said on Tuesday. Immunizations are available at Walgreens ... (Source: Reuters 2010-08-15T23:53:03Z)

Washington Nationals Sign Bryce Harper

Bryce Harper signed with the Washington Nationals on Monday, just barely beating the deadline before he would be unable to sign with the club. Harper was the No. 1 pick in the 2010 MLB Draft, and had until ... (Source: Gather.com 2010-08-17T04:31:02Z)

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