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 19, 2010, 11:40 am

Bank of America to pay $2.5 million penalty in Merrill Lynch fee-discount case

Securities industry regulators have levied penalties totaling $2.5 million against Bank of America Corp. 's Merrill Lynch operation for failing to give investors proper fee discounts, officials said this week ... (Source: Orlando Sentinel 2010-08-19T16:17:20Z)

Miners boost TSX; BHP to take Potash offer to shareholders; GM to list on TSX

TORONTO _ The Toronto stock market moved higher Wednesday as PotashCorp (TSX:POT) shares ran ahead on expectations of an improved takeover offer while the base metals sector gained ground on higher copper prices and ... (Source: Insurance News Net 2010-08-19T10:05:06Z)

Rape Victims Sue Oakland Diocese

According to the San Francisco Chronicle , seven people who were allegedly raped by Oakland Catholic priest Stephen Kiesle filed a lawsuit against the Oakland diocese of the Roman Catholic Church yesterday ... (Source: East Bay Express 2010-08-19T17:21:46Z)

Facing hostile bid, BHP bets on boom

SYDNEY -- BHP Billiton's hostile $38.5 billion takeover offer for one of the world's biggest fertilizer producers, a bet that developing nations will drive a farming boom, could get the Australian iron ore ... (Source: Lowell Sun 2010-08-19T13:04:04Z)

MannKind aims to raise $110M in financing move

MannKind Corp. will raise as much as $110 million by lending 9 million shares of its stock to Bank of America, the biopharmaceutical company said Thursday. MannKind will lend the stock to Merrill Lynch for $5.55 per ... (Source: AP - msnbc.com 2010-08-19T11:23:51Z)

Merrill Lynch Fined by FINRA

On Wednesday, Merrill Lynch, a part of Bank of America Corporation (NYSE: BAC - News ), was charged $0.5 million by the Financial Industry Regulatory Authority (FINRA) for failing to provide sales charge discounts to its ... (Source: Yahoo Finance 2010-08-19T16:10:11Z)

Cameron Diaz is McAfee's 'Most Dangerous' Internet Celeb

Cameron Diaz has replaced Jessica Biel as the most dangerous celebrity on the Internet. No, we're not talking about inane tweets or questionable paparazzi photos, but common search terms that often lead to users to Web ... (Source: PC Magazine 2010-08-19T15:05:45Z)

3rd UPDATE: Potash Rejects $38.56 Billion Takeover Bid By BHP Billiton

TORONTO -(Dow Jones)- Canada's Potash Corp. of Saskatchewan Inc. (POT, POT.T) on Tuesday rejected an unsolicited takeover bid from BHP Billiton Ltd. (BHP, BLT.LN), calling the $38.56 billion offer "grossly inadequate ... (Source: NASDAQ 2010-08-17T15:43:55Z)

Intel to buy security company McAfee in $7.68 billion deal

NEW YORK: Intel Corp. said Thursday it is buying computer-security software maker McAfee Inc. for $7.68 billion as the chip-maker adds to its arsenal of tools to serve an increasing array of Internet-connected ... (Source: Akron Beacon Journal 2010-08-19T17:28:55Z)

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)

Duluth nurses reject contract, OK strike

DULUTH — Nurses at two hospital systems in Duluth have rejected new contracts and voted to authorize a one-day strike. The Minnesota Nurses Association said 90 percent of nurses from St. Mary's-Duluth Clinic who voted ... (Source: Post-Bulletin 2010-08-19T14:44:17Z)

Fertilizer maker Potash Corp. rejects BHP Billiton Ltd. buyout offer

ST. LOUIS -- A global race to snap up fertilizer companies accelerated Tuesday, when fertilizer producer Potash Corp. of Saskatchewan Inc. rejected a buyout offer worth $38.49 billion, calling it "grossly ... (Source: Cleveland Plain Dealer 2010-08-18T02:42:29Z)

Star suppers: Books offer a dash of celebrity with dinner

Luckily, the celebrity food world loves to keep people well fed. There is a stack of new books by big names to keep you sated through fall. Super chef Mario Batali's "Molto Gusto" offers up perfect suppers and ... (Source: Alexandria Daily Town Talk 2010-08-18T07:57:27Z)

Cameron Diaz Tops McAfee's Most Dangerous Celebrities List This Year

According to statistics compiled by security giant McAfee, Cameron Diaz was the celebrity with the highest number of online threats associated to their name this year. McAfee's researchers report that people searching ... (Source: Softpedia 2010-08-19T16:03:01Z)

MannKind Corporation enters into stock lending agreement with Bank of America

MannKind Corporation (Nasdaq: MNKD) today announced that it has entered into a previously announced stock lending agreement pursuant to which it will lend 9,000,000 shares of its common stock to Bank of ... (Source: News-Medical.Net 2010-08-19T12:35:26Z)

Stores offer deep discounts, but shoppers aren't buying

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 Wal-Mart shoppers to bite these days, and other ... (Source: Everett Herald 2010-08-18T07:00:11Z)

Nurses at 2 Duluth, Minn., hospitals reject contract offer, authorize 1-day strike

DULUTH, Minn. (AP) — Nurses at two hospital systems in the northeast Minnesota city of Duluth have rejected new contracts and voted to authorize a one-day strike. The Minnesota Nurses Association said 90 ... (Source: Chicago Tribune 2010-08-19T02:41:18Z)

Intel seeks to change cybersecurity with $7.6B McAfee acquisition

Intel Corporation Thursday morning announced that it will acquire security software and management company McAfee Inc. for $7.68 billion in cash. Intel says the move reflects the changing security climate as more non-PC ... (Source: Beta News 2010-08-19T17:50:24Z)

Merrill Lynch to pay $2.5M for failure to offer sales charge discounts to customers

WASHINGTON — The industry-sponsored group that oversees stock brokers fined Merrill Lynch $500,000 Wednesday for failing to provide sales charge discounts to eligible customers on certain investments. Merrill Lynch ... (Source: Washington Examiner 2010-08-18T17:30:06Z)

Duluth nurses vote today on contracts

Nurses at Duluth's two major hospitals will vote today whether to accept or reject their management's "final" contract offer. Nurses at Duluth's two major hospitals will vote today whether to accept or reject ... (Source: Duluth News Tribune 2010-08-18T04:51:20Z)

Priest abuse victims sue Oakland diocese

The plaintiffs say the diocese let Stephen Kiesle continue his activities unchecked for decades, the Oakland Tribune reported. According to the suit, Kiesle began molesting children in 1972 -- the year he was ... (Source: United Press International 2010-08-19T18:04:43Z)

TSX surges, miners benefit from US$38.6 billion hostile offer for Potashcorp

TORONTO - The Toronto stock market surged about 1.5 per cent Tuesday with a big chunk of the advance coming from a leap in the value of PotashCorp shares after the fertilizer giant rejected a hostile US$38.6 ... (Source: Canada East 2010-08-17T21:27:31Z)

TSX supported by PotashCorp: BHP to take takeover offer direct to shareholders

TORONTO - The Toronto stock market was little changed Wednesday, finding support from market heavyweight PotashCorp (TSX:POT) for a second day while energy stocks suffered from lower oil prices amid data ... (Source: Winnipeg Free Press 2010-08-18T15:57:03Z)

Books offer a dash of celebrity with dinner

These book covers show "Farm to Fork," left, by Emeril Lagasse and Spike Mendelsohn's "The Good Stuff Cookbook," right. There is a stack of new cookbooks by big names to keep you sated through fall. There is a stack of ... (Source: Gainesville Sun 2010-08-19T14:37:07Z)

McAfee Names Cameron Diaz "Most Dangerous Celebrity In Cyberspace" (Photo: Business ...

Cameron Diaz has replaced Jessica Biel as the most dangerous celebrity to search for on the Web, according to security company McAfee, Inc . (NYSE:MFE). For the fourth year in a row, McAfee researched popular ... (Source: Street.Com 2010-08-19T12:21:07Z)

Even bargains tough sell in today's hard economy

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 Wal-Mart shoppers to bite these days ... (Source: Akron Beacon Journal 2010-08-18T06:38:42Z)

McAfee shares soar on Intel deal

Intel's (INTC) $7.7 billion acquisition of McAfee (MFE) isn't the deal investors expected the chipmaker to make, but it's likely to reap long-term dividends. Intel said it will acquire the security-technology ... (Source: MSN Money 2010-08-19T18:11:52Z)

New books offer dash of celebrity with dinner

As much as Americans love their food, they seem to enjoy it best with a dash of celebrity. Luckily, the celebrity food world loves to keep people well fed. There is a stack of new books by big names to keep ... (Source: Southtown Star 2010-08-19T09:00:41Z)

Some stores find discounts not enough to perk up sales

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, and other ... (Source: Times Union 2010-08-19T09:57:57Z)

Intel Buys McAfee ... Oakland Diocese Sued ... Caltrain Cuts Suggested

One of Silicon Valley's biggest tech companies is buying a major player in antivirus software. Intel has made a deal to buy McAfee for $7.6 billion. Directors of both companies approved the deal unanimously; now it goes ... (Source: KQED 2010-08-19T13:25:32Z)

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