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 18, 2010, 8:40 am

Goldman Sachs undercuts rivals in GM IPO as it loses top role

all Street banks led by JPMorgan Chase & Co. and Morgan Stanley stand to make a combined $120 million on General Motors Co.'s initial public offering. If it weren't for Goldman Sachs Group Inc., they could have made ... (Source: Daily Business Review 2010-08-18T14:23:59Z)

Briton will fight US extradition over Iran sale

A retired British businessman accused by the United States of selling batteries to Iran for use in surface-to-air missiles says he will fight attempts to extradite him to stand trial. Christopher Tappin faces three ... (Source: AP - msnbc.com 2010-08-17T11:04:45Z)

St. Cloud State University considers eliminating football program

ST. CLOUD, Minn. -- St. Cloud State University is considering eliminating or cutting its football program and other sports as it deals with a budget shortfall. SCSU's athletics department has a $500,000 ... (Source: KARE 2010-08-18T14:02:31Z)

Indiana U. households sale to benefit charities

BLOOMINGTON, Ind. (AP) - Furniture and household items donated by Indiana University students will be sold this weekend to benefit charities. The items from students moving out of dorms, Greek houses and off-campus ... (Source: Fox 28 2010-08-18T09:09:02Z)

National And International Report / Fertilizer sector buying binge follows rejected ...

Fertilizer producer Potash Corp. of Saskatchewan Inc. said Tuesday it has rejected an unsolicited takeover bid from BHP Billiton Ltd. worth about $38.49 billion as "grossly inadequate." The Potash board also ... (Source: Pioneer Press 2010-08-18T03:03:57Z)

With Xbox LIVE and a Blockbuster Title Lineup, Windows Phone 7 Marks a New Era in ...

First wave of Xbox LIVE titles from award-winning publishers announced for the launch of Windows Phone 7. COLOGNE, Germany - Today at gamescom 2010, the world's largest consumer-oriented games showcase, Microsoft Corp ... (Source: WebWire 2010-08-17T13:42:14Z)

Yellowstone Club Collapse Pinned on Founder Blixseth

BILLINGS – A federal judge has pinned the financial collapse of Montana's ultra-exclusive Yellowstone Club on a series of fraudulent deals by founder Tim Blixseth, but says he doesn't have to repay all the resort's ... (Source: Flathead Beacon 2010-08-18T14:16:50Z)

Kosmos: Ghana deal with ExxonMobil ends

HOUSTON, Aug. 18 -- Kosmos Energy LLC said a share-purchase agreement with ExxonMobil Corp. related to acquisition of its Ghana business has been terminated. Kosmos, a private company based in Dallas, is operator of the ... (Source: Oil & Gas Journal 2010-08-18T15:21:15Z)

IU football's ticket sales up

BLOOMINGTON – Indiana has surpassed last year's football season ticket sales. And athletic director Fred Glass has his sights set on bigger numbers when he gets the program where he wants it to be. "I think we ... (Source: Fort Wayne Journal Gazette 2010-08-18T07:00:11Z)

Microsoft links phones to Xbox Live

SEATTLE (AP) — Microsoft Corp. is bringing its video-game expertise to the forthcoming Windows Phone 7 line, an attempt to capitalize on the success of the Xbox 360 as the software maker tries to compete with Apple Inc ... (Source: Omaha World-Herald 2010-08-18T15:06:56Z)

SAM NOT EXPECTING SUMMER SPREE

Blackburn are not expecting the sale of the club to be complete before the end of the transfer window, manager Sam Allardyce has confirmed. Rovers are in discussions with Indian businessman Ahsan Ali Syed over a proposed ... (Source: Football365.com 2010-08-18T14:02:31Z)

Retired Briton to fight US extradition over Iran sale

LONDON -- A retired British businessman accused by the United States of attempting to sell equipment to Iran for use in surface-to-air missiles said Tuesday he will fight attempts to extradite him to stand trial ... (Source: China Post 2010-08-18T05:12:48Z)

St. Cloud State May Cut Football

ST. CLOUD, Minn. - St. Cloud State University is considering cutting its football program and other sports as it deals with a budget shortfall. The university is weighing three options: eliminating football ... (Source: FOX 9 News 2010-08-18T14:23:59Z)

Kosmos Cancels Sale Of Ghana Oil Assets To Exxon

Kosmos Energy LLC said Wednesday it has called off the sale of its Ghana oil assets to Exxon Mobil Corp. ( XOM ), dealing a blow to the U.S. oil major's drive to tap a major new oil region in West Africa ... (Source: FOXBusiness 2010-08-18T14:45:28Z)

2nd UPDATE: Kosmos Cancels Sale Of Ghana Oil Assets To Exxon

Kosmos Energy LLC said Wednesday it has called off the sale of its Ghana oil assets to Exxon Mobil Corp. (XOM), dealing a blow to the U.S. oil major's drive to tap a major new oil region in West Africa. Closely-held ... (Source: NASDAQ 2010-08-18T14:52:37Z)

Club collapse pinned on Blixseth

BILLINGS - A federal judge has pinned the financial collapse of Montana's ultra-exclusive Yellowstone Club on a series of fraudulent deals by founder Tim Blixseth, but says he doesn't have to repay all the resort's debts ... (Source: Montana Standard 2010-08-18T06:24:23Z)

Allardyce not expecting Blackburn sale before end of transfer window

Blackburn boss Sam Allardyce has confirmed he is not expecting the sale of the club to be completed before the end of the transfer window. Rovers are in discussions with Indian businessman Ahsan Ali Syed over a proposed ... (Source: Tribal Football 2010-08-18T15:14:06Z)

Starbucks backs outlook despite coffee price spike

NEW YORK - Starbucks Corp. is backing its profit guidance for next year even as it deals with higher coffee prices, saying it will be able to absorb the costs. The Seattle-based coffee chain said Tuesday that ... (Source: KVUE 2010-08-18T04:15:32Z)

GM Said to Consider Sale of Preferred Stock Along With IPO

General Motors Co. may sell preferred stock alongside its initial public offering of common shares, according to a draft of its regulatory filing and two people briefed on the plan. GM would get proceeds from ... (Source: Bloomberg 2010-08-18T08:04:36Z)

Starbucks Affirms Its Forecast Despite Price Hike

Starbucks Corp. is backing its profit guidance for next year even as it deals with higher coffee prices, saying it will be able to absorb the costs. The Seattle-based coffee chain said Tuesday that despite spikes in the ... (Source: ABC News 2010-08-17T16:34:01Z)

THQ intros Wii uDraw GameTablet

$70 add-on will come packed in with uDraw Studio art game, launch alongside Pictionary and Dood's Big Adventure this holiday season. The Nintendo Wii sales charts have seen a preponderance of peripheral-based ... (Source: Gamespot News 2010-08-18T03:11:07Z)

Starbucks backs outlook even as bean prices spike

Starbucks Corp. is backing its profit guidance for next year even as it deals with higher coffee prices, saying it will be able to absorb the costs. The Seattle-based coffee chain said Tuesday that despite spikes in the ... (Source: AP - msnbc.com 2010-08-17T16:34:01Z)

Allardyce not counting on funds this summer

Blackburn are not expecting the sale of the club to be complete before the end of the transfer window, manager Sam Allardyce has confirmed. Rovers are in discussions with Indian businessman Ahsan Ali Syed over a proposed ... (Source: The Independent 2010-08-18T14:38:18Z)

Gamescom 2010: THQ Announces Wii-Exclusive uDraw GameTablet

THQ unveiled during Gamescom today a new drawing peripheral for the Nintendo Wii entitled uDraw GameTablet. The Wii exclusive tablet launches this holiday in the U.S., and in early 2011 in Europe and other regions. The ... (Source: G4 TV 2010-08-17T12:16:20Z)

St. Cloud State considers cutting football, other sports

ST. CLOUD, Minn. (AP) - St. Cloud State University is considering cutting its football program and other sports as it deals with a budget shortfall. The university is weighing three options: eliminating football, cutting ... (Source: Eau Claire Leader-Telegram 2010-08-18T14:23:59Z)

Households sale at Indiana U. Saturday to benefit charities

BLOOMINGTON, Ind. — Furniture and household items donated by Indiana University students will be sold this weekend to benefit charities. The items from students moving out of dorms, Greek houses and off ... (Source: Republic 2010-08-18T08:04:36Z)

GM expected to file IPO papers

General Motors Co will list its shares on the New York Stock Exchange and Toronto Stock Exchange after its initial public offering, a source familiar with the matter said on Wednesday. The IPO, intended to repay a ... (Source: msnbc.com 2010-08-18T14:38:18Z)

British businessman will fight extradition to US over alleged sale of missile parts ...

LONDON - American authorities accuse him of plotting to sell missile components to Iran in a deal exposed in an undercover sting — but British retiree Christopher Tappin insisted Tuesday he is the innocent victim of ... (Source: Canada East 2010-08-17T17:24:08Z)

Microsoft to Launch Xbox Live Games on Windows Phone 7

Today at gamescom 2010, Microsoft premiered the first wave of Xbox LIVE games launching on Windows Phone 7 this holiday. Windows Phone 7 will have a Games hub featuring Xbox LIVE, and Xbox LIVE games on Windows Phone 7 ... (Source: MobileTechReview 2010-08-17T03:48:05Z)

Nintendo Wii Drawing Tablet Accessory - uDraw GameTablet by THQ release date ...

The Nintendo Wii game console has another accessory coming this holiday season called the uDraw GameTablet by THQ. The company announced the soon to be launched Wii drawing tablet that has a suggested retail price of $69 ... (Source: Best Syndication 2010-08-18T07:21:39Z)

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