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, 9:41 pm

Exxon, Kosmos Cancel Ghana Oil Asset Deal

Exxon Mobil Corp. ( XOM ) and Kosmos Energy LLC announced Wednesday the failure of a deal over Kosmos' Ghana oil assets, slowing down the U.S. oil major's drive to tap a promising new oil region in West Africa ... (Source: FOXBusiness 2010-08-18T20:07:35Z)

National Bank Of Greece Ups Stake In Macedonian Unit

National Bank of Greece SA (NBG), the country's largest lender, said Wednesday it has raised its stake in its Macedonia unit Stopanska Banka AD to 94.6% from 73% for EUR35.1 million. This confirms what sources had told ... (Source: Serbianna 2010-08-18T17:01:28Z)

Kosmos pulls out of $4B Jubilee deal with ExxonMobil offshore Ghana

Kosmos Energy announced that the company's Share Purchase Agreement with ExxonMobil related to the acquisition of its Ghana business has been terminated. The $4 billion deal was for a stake in the massive Jubilee oil ... (Source: PennEnergy 2010-08-18T18:27:22Z)

Judge OKs Barclays deal on charges

WASHINGTON — A judge who questioned whether Barclays Bank PLC was getting off too easily nonetheless approved a deal Wednesday that will likely enable the financial institution to avoid prosecution on ... (Source: Deseret News 2010-08-19T02:12:40Z)

Betty White Signs 2-Book Deal

It was only a matter of time before a book publisher banked on Betty White's sudden popularity: The 88-year-old actress has signed a two-book deal with G.P. Putnam's Sons. The first book, titled Listen Up ... (Source: Daily Beast 2010-08-19T03:31:24Z)

Julius the Monkey Now Belongs to Haim Saban

Haim Saban has purchased Paul Frank Industries, a Southern California-based design and licensing firm, the company announced Tuesday. Terms of the deal were not disclosed, but it is believed that the media billionaire ... (Source: TheWrap 2010-08-18T04:22:42Z)

'Deceptive' tactics to cost Conn. firm $8M

NEW YORK -- A marketing company has agreed to pay $8 million to settle allegations that it tricked Internet shoppers into signing up for discount clubs with hidden fees. New York Attorney General Andrew Cuomo announced ... (Source: Post-Star 2010-08-18T22:45:04Z)

Barnes, Deal faceoff averted

SAVANNAH — Gubernatorial rivals Nathan Deal and Roy Barnes won't be squaring off face-to-face in Savannah after all. The two were expected to share a stage at a tourism forum Wednesday, the first meeting between the ... (Source: Daily Citizen-News 2010-08-19T03:31:24Z)

Barclays Deal Gets Judge's Approval

The judge, Emmet G. Sullivan, endorsed the deal, in which the bank will pay the money as part of a deferred prosecution agreement over charges that it violated United States sanctions by doing deals with Cuba ... (Source: New York Times 2010-08-18T22:52:14Z)

Billionaire Saban buys Julius monkey brand

LOS ANGELES (AP) - Billionaire media mogul Haim Saban has bought Paul Frank Industries, the owner of the Julius monkey brand and other characters, for an undisclosed sum. The deal marks the second purchase for Saban ... (Source: KTVN.com 2010-08-18T22:23:36Z)

Candidates Barnes, Deal differ on casinos

SAVANNAH — Republican Nathan Deal said Tuesday that as governor he'd be willing to consider casino gambling in Georgia, while Democratic rival Roy Barnes said he's reluctant to legalize potential competition for ... (Source: Valdosta Daily Times 2010-08-19T03:09:56Z)

Barnes, Deal offer tourism suggestions

DALTON — Georgia's gubernatorial hopefuls did separate interviews Wednesday after Nathan Deal balked at what was billed as a face-to-face forum. While Democrat Roy Barnes gave WTOC-TV anchor Sonny Dixon specific ... (Source: Daily Citizen-News 2010-08-19T03:31:24Z)

Council OKs police contract

The Omaha City Council voted 4-3 today to approve a new police contract. Council members Garry Gernandt, Ben Gray, Chris Jerram and Thomas Mulligan voted in favor of the deal. Council members Franklin Thompson, Pete ... (Source: Omaha World-Herald 2010-08-17T20:44:34Z)

Deal reached in case of Internet discount clubs with hidden fees

NEW YORK — A marketing company has agreed to pay $8 million to settle allegations that it tricked Internet shoppers into signing up for discount clubs with hidden fees. New York Atty. Gen. Andrew Cuomo ... (Source: Los Angeles Times 2010-08-18T21:12:01Z)

49ers sign Westbrook

The twists and turns continued at 49ers training camp Monday, with longtime Eagles running back Brian Westbrook signing a one-year deal hours after disgruntled defensive lineman Kentwan Balmer was shipped to ... (Source: FOXSports.com 2010-08-19T03:38:34Z)

Pacers rookie seeking out Bird

GREENBURGH, N.Y. – Though he has not spoken to anyone from the Indiana Pacers, Lance Stephenson is well aware of Larry Bird's disappointment with his arrest. Stephenson says he heard about Bird's strongly worded ... (Source: Fort Wayne Journal Gazette 2010-08-18T17:08:38Z)

3rd UPDATE: Exxon, Kosmos Cancel Ghana Oil Asset Deal

Exxon Mobil Corp. (XOM) and Kosmos Energy LLC announced Wednesday the failure of a deal over Kosmos' Ghana oil assets, slowing down the U.S. oil major's drive to tap a promising new oil region in West Africa. Exxon Mobil ... (Source: NASDAQ 2010-08-18T18:41:41Z)

Analyst Research on National Bank of Greece and Wells Fargo -- Sneak Peek in the ...

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 18, 2010) - www.RothmanResearch.com probes the current macroeconomic environments pressuring the money center banks industry in light of a slow-paced economic recovery and ... (Source: Market Wire 2010-08-18T12:50:56Z)

Henry, Memphis Grizzlies remain in contract stalemate

GREENBURGH, N.Y. (AP) — Xavier Henry slipped on a blue Memphis Grizzlies jersey with his name and the No. 13 on it. Still to be determined is if he will wear it in games. The first-round pick still hasn't signed his ... (Source: Newton Kansan 2010-08-19T01:01:05Z)

Five San Francisco 49ers Most Impacted By Brian Westbrook's Signing

It may have taken awhile, but Brian Westbrook is no longer a free agent after signing a one-year deal with the San Francisco 49ers. The 49ers lost Glen Coffee to retirement a year after he entered the league, and finding ... (Source: Bleacherreport.com 2010-08-18T02:49:38Z)

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

** EFG-Hermes ( HRHO.CA ) ( HRHOq.L ) will buy a 65 percent stake in Lebanon's privately owned Credit Libanais for $542 million as the leading Egyptian investment bank sets out to diversify its business. [ID ... (Source: Reuters 2010-08-15T23:53:03Z)

Council Passes Police Contract On 4-3 Vote

KETV.com The proposed police contract passed by the narrowest of margins on Tuesday: one vote. Four council members voted yes; three voted no. The deal is now destined for its final stop -- an almost certain passing vote ... (Source: msnbc.com 2010-08-18T16:11:22Z)

John Wall signs memorabilia deal [UPDATED]

The John Wall brand continues to expand. Wall, the Wizards' No. 1 overall pick, signed an exclusive trading card and memorabilia deal with Panini America on Monday. Wall joins five-time NBA champion Kobe Bryant as the ... (Source: Washington Post 2010-08-17T21:13:12Z)

Betty White inks two-book deal

The next stage in Betty White's ever-rising career: books. The 88-year-old actress has a two-book deal with G.P. Putnam's Sons, starting in 2011 with "Listen Up!" The publisher said Wednesday that the book will include ... (Source: Newsday 2010-08-19T00:39:36Z)

Deal Reached In NY Internet Shopping Fees Case

NEW YORK (AP) -A marketing company has agreed to pay $8 million to settle allegations that it tricked Internet shoppers into signing up for discount clubs with hidden fees. New York Attorney General Andrew Cuomo ... (Source: msnbc.com 2010-08-18T21:12:01Z)

Judge approves Barclays deal with Justice Dept

WASHINGTON (AP) - A judge has approved a deal that Barclays Bank PLC made with the U.S. Justice Department to defer prosecution of the financial institution on allegations that it illegally engaged in financial ... (Source: msnbc.com 2010-08-19T02:12:40Z)

Billionaire Saban buys Julius monkey brand owner Paul Frank Industries

LOS ANGELES (AP) — Billionaire media mogul Haim Saban has bought Paul Frank Industries, the owner of the Julius monkey brand and other characters, for an undisclosed sum. The deal marks the second purchase for Saban ... (Source: Chicago Tribune 2010-08-17T19:11:30Z)

49ers sign Brian Westbrook

The San Francisco 49ers have signed veteran free agent running back Brian Westbrook (notes) , the team announced. It's a one-year deal worth $1.25 million. Westbrook is a former Philadelphia Eagles star who ... (Source: YAHOO! 2010-08-19T00:46:46Z)

Betty White has deal to write two books

NEW YORK, Aug. 18 (UPI) -- U.S. television icon Betty White is to write two books for G.P. Putnam's Sons, it was announced Wednesday by Ivan Held, president of the publishing house. The first book, "Listen Up ... (Source: United Press International 2010-08-19T00:25:17Z)

Council Backs Police Deal

By a razor thin 4 to 3 margin, the Omaha City Council approved a tentative contract between the city and Omaha Police Union Tuesday afternoon. Council members Jean Stothert, Franklin Thompson and Pete Festersen voted ... (Source: KPTM 2010-08-18T03:39:45Z)

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