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 20, 2010, 12:42 am

GM's way to IPO after being driven in and out of bankruptcy

General Motors Co filed for an initial public offering late Wednesday afternoon with the U.S. Securities and Exchange Commission, beginning the move to step away from the U.S. government's aid. The following ... (Source: International Business Times 2010-08-19T21:46:37Z)

NATO: 2 wounded Afghan gunmen pose as civilians

(08-17) 09:50 PDT KABUL, Afghanistan (AP) -- Two wounded Taliban fighters tried to pass themselves off as civilian casualties and sought medical attention from U.S. and Afghan troops after a battle in northern ... (Source: San Francisco Gate 2010-08-17T16:55:30Z)

Israeli says Facebook photo with Arabs thoughtless

JERUSALEM A former Israeli soldier who posted photos on Facebook of herself in uniform smiling beside bound and blindfolded Palestinian prisoners says her actions were thoughtless. Eden Aberjil told Israel's ... (Source: Tri-City Herald 2010-08-17T11:33:23Z)

Facebook Places...revolutionize location-based Mobile Advertising?

PRLog (Press Release) – Aug 19, 2010 – Facebook has delivered a major blow to not Foursquare and other location-based social networks, but to Google and Yelp. The social network has announced the launch of a major ... (Source: PRLog (free press release) 2010-08-19T21:10:50Z)

Analysts Rush To Hike Potash Estimates After BHP Bid

The fertilizer segment took off on Tuesday after Australian minerals giant BHP Billiton (NYSE: BHP - News ) made a $38.6 billion bid for Potash Corp (NYSE: POT - News ). The offer broke down to $130 per share, which ... (Source: Yahoo Finance 2010-08-18T19:03:10Z)

Western Alliance Bancorporation announces stock offering of 7M shares

LAS VEGAS — Western Alliance Bancorporation said Thursday it plans to sell 7 million shares of its common stock at $6.25 per share. The company expects to close the sale on Aug. 24, bringing in $43.8 million. The net ... (Source: Washington Examiner 2010-08-19T14:37:07Z)

Area officials offer support for Tulsa sales tax lawsuit

Several area officials expressed their support Thursday for Tulsa's lawsuit against the state that asks a judge to rule municipalities have the right to privatize sales tax collections. The officials of a six ... (Source: Tulsa World 2010-08-19T19:09:08Z)

Facebook Places Launches for iPhone, Challenges Foursquare, Gowalla

Facebook Aug. 18 unveiled its long-awaited geotagging service, an effort that could move the market for location-based services forward considerably even as it threatens startups such as Foursquare and Gowalla. Similar ... (Source: eWeek 2010-08-20T03:30:13Z)

Western Alliance Banc offers 7M shares of stock

Western Alliance Bancorporation said Thursday it plans to sell 7 million shares of its common stock at $6.25 per share. The company expects to close the sale on Aug. 24, bringing in $43.8 million. The net proceeds will ... (Source: AP - msnbc.com 2010-08-19T14:29:58Z)

Potash seeks white knight to counter BHP bid

HONG KONG (MarketWatch) -- Canada's Potash Corp. of Saskatchewan Inc. is considering alliances with global companies that could put together a competing offer to Anglo-Australian miner BHP Billiton's hostile $ ... (Source: Marketwatch 2010-08-20T02:54:25Z)

Dell 2Q net income rises 16%, but investors disappointed

ROUND ROCK, Texas (AP) — PC maker Dell said its net income improved 16% in the most recent quarter, though a key measure called gross profit margin fell. Dell's (DELL) results offer a gauge of the economic ... (Source: USA Today 2010-08-19T20:49:21Z)

CLC bio Japan and World Fusion Partner to Offer High-Throughput Sequencing Analysis ...

TOKYO--( BUSINESS WIRE )--Today Japanese informatics management experts, World Fusion, announced the creation of a sequence analysis service center with a bioinformatics infrastructure based on CLC bio's enterprise ... (Source: Business Wire 2010-08-18T19:17:29Z)

Western Alliance Bancorp. Reveals Underwritten Public Offering Of 7 Mln Shares ...

(RTTNews) - Western Alliance Bancorp. (WAL: News ) Wednesday said it expects to offer and sell 7 million shares of its common stock in an underwritten public offering through Keefe, Bruyette & Woods. Western Alliance ... (Source: RTT News 2010-08-18T20:21:54Z)

US troop killed in southern Afghan explosion; insurgent leader captured in the east

KABUL, Afghanistan - A deputy commander for an al-Qaida linked insurgent group was apprehended in an overnight operation in eastern Afghanistan that claimed the life of a woman, NATO said Friday. Separately ... (Source: Minneapolis Star Tribune 2010-08-20T06:07:42Z)

Timeline: GM key events from bankruptcy to IPO

A timeline of key events at General Motors Co., starting with its exit from bankruptcy protection last year to its filing for a public stock offering: July 10, 2009 : Emerges from bankruptcy protection six ... (Source: Detroit News 2010-08-20T01:21:22Z)

Palestinians learn about the Holocaust in Israel

Friday, Aug. 20, 2010 | 12:19 a.m. Growing up in the West Bank, Mujahid Sarsur knew next to nothing about the Holocaust and saw little ground to sympathize with a people he saw as his occupier. But thanks to ... (Source: Las Vegas Sun 2010-08-20T07:19:17Z)

Dell net income rises

ROUND ROCK, Texas — PC maker Dell Inc. said its net income improved 16 percent in the most recent quarter, though a key measure called gross profit margin fell. Dell's results offer a gauge of the economic recovery ... (Source: Rutland Herald 2010-08-20T06:57:48Z)

World Fusion creates sequence analysis service center with bioinformatics ...

Today Japanese informatics management experts, World Fusion, announced the creation of a sequence analysis service center with a bioinformatics infrastructure based on CLC bio's enterprise platform for high ... (Source: News-Medical.Net 2010-08-19T10:12:16Z)

Facebook 'Dislike' Button Is a Scam

If only we could register our "dislike" of scams on Facebook. A "Dislike" button is the latest in a string of cons circulating on the social-networking site offers users. It purports to offer users a way to ... (Source: New York Times Blogs 2010-08-17T12:37:48Z)

Tulsa's lawsuit over sales-tax legislation draws support from area officials

Nearly a dozen area officials expressed their support Thursday for Tulsa's lawsuit against the state that asks a judge to rule that municipalities have the right to privatize sales-tax collections. "We want ... (Source: Tulsa World 2010-08-20T07:19:17Z)

Business Highlights

___ Spike in layoffs feeds fear of faltering recovery WASHINGTON (AP) — Employers appear to be laying off workers again as the economic recovery weakens. The number of people applying for unemployment benefits reached ... (Source: AP - msnbc.com 2010-08-19T22:08:06Z)

UN, NATO Considering Taliban's Offer To Study Afghan Casualties

Kabul, Afghanistan (AHN) - Just hours after Taliban offered to study Afghan civilian casualties with the United Nations and the NATO, the two bodies are carefully considering the proposal to establish a joint committee ... (Source: All Headline News 2010-08-18T00:33:38Z)

Tulsa sues state over new sales tax collection law

The city of Tulsa sued the state of Oklahoma on Thursday, targeting a law passed earlier this year requiring cities to use the Oklahoma Tax Commission to collect sales taxes. The four-count civil suit, filed in Oklahoma ... (Source: AP - msnbc.com 2010-08-19T19:01:59Z)

GM moves toward stock sale

A timeline of key events at General Motors starting with its exit from bankruptcy protection last year to its filing for a stock offering: • July 10, 2009 — Emerges from bankruptcy protection only six ... (Source: Pittsburgh Tribune-Review 2010-08-19T04:00:02Z)

Facebook Dislike Button is Real -- and I Like it!

What you may not know is that there really is a legitimate Facebook Dislike Button in the form of an add-on for Firefox . (Thankfully, an Internet Explorer version is imminent as well.) Developed by FaceMod ... (Source: CIO 2010-08-17T23:57:50Z)

CLC bio Japan Partners with World Fusion

TOKYO, August 19 -- Today Japanese informatics management experts, World Fusion, announced the creation of a sequence analysis service center with a bioinformatics infrastructure based on CLC bio's enterprise ... (Source: HPCwire 2010-08-19T17:21:46Z)

Facebook 'Dislike' Button Offer A Scam

Facebook users have been urged not to click on a link claiming to offer a "dislike" button. The link scams users to get access to their Facebook account. There is an official "Like" function on Facebook. It ... (Source: Infopackets 2010-08-19T17:00:17Z)

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 ... (Source: Smart Money 2010-08-20T00:38:25Z)

Facebook "Places" lets users track friends and services

Facebook's 500 million-plus users will soon be able to track friends' whereabouts across the United States, as the world's largest Internet social network adds technology to increasingly tie its virtual world to everyday ... (Source: msnbc.com 2010-08-19T16:10:11Z)

Arabs get hard look at Holocaust

JERUSALEM - Growing up in the West Bank, Mujahid Sarsur knew next to nothing about the Holocaust and saw little ground to sympathize with people he saw as his occupiers. But because he had an Israeli roommate ... (Source: Arizona Daily Star 2010-08-20T07:04:58Z)

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