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, 1:40 pm

GM files for landmark public share offering

US auto giant General Motors on Wednesday took the first step to selling shares to the public, seeking to free itself from government control after pulling back from the abyss of bankruptcy. Filing for what ... (Source: Raw Story 2010-08-18T21:54:58Z)

Western Alliance Bancorporation Announces $75 Million Senior Notes Offering

Western Alliance Bancorporation (NYSE: WAL) announced today that it expects to offer and sell approximately $75 million in aggregate principal amount of Senior Notes due 2015 in an underwritten public offering through ... (Source: PR Inside 2010-08-20T10:46:52Z)

Tropicana, Atlantic City casino dealers approve deal on first-ever union contract

Dealers at Atlantic City's Tropicana Casino and Resort on Thursday approved the first union-bargained contract ever for casino dealers in the gambling mecca. The deal bargained by United Auto Workers ... (Source: Allentown Morning Call 2010-08-20T11:29:49Z)

Pakistan Accepts India's $5 Million Aid Offer

Islamabad, Pakistan (AHN) - In a dramatic turn, Pakistan on Thursday accepted India's $5 million aid offer for flood-affected victims. Appreciating the gesture, Pakistani Foreign Minister Shah Mahmood Qureshi expressed ... (Source: All Headline News 2010-08-20T09:49:36Z)

GM files for landmark IPO

US auto giant General Motors on Wednesday took the first step to selling shares to the public, seeking to free itself from government control after pulling back from the abyss of bankruptcy. Filing for what ... (Source: Raw Story 2010-08-18T21:04:51Z)

Mosque group: Never planned to meet with governor

Developers of an Islamic cultural center and mosque near ground zero say they never planned to meet with New York Gov. David Paterson over his offer to help find an alternative site. The developers from the Cordoba ... (Source: Salon 2010-08-20T17:20:34Z)

Tropicana, Atlantic City casino dealers reach tentative deal on first-ever union ...

Dealers at Atlantic City's Tropicana Casino and Resort were voting Thursday on whether to accept a tentative labor deal. If they do, it would be the first union contract ever for casino dealers in Atlantic ... (Source: Los Angeles Times 2010-08-19T17:36:05Z)

Pakistan finally accepts Indian aid for flood victims

ISLAMABAD: Islamabad has accepted $5 million in aid from India for flood victims, a rare expression of good will between the feuding neighbors at a time when Pakistan is reeling from one of its worst-ever ... (Source: Arab News 2010-08-20T20:19:32Z)

McAfee-Intel Deal a Game Changer for Endpoint Security Market

Intel ( INTC ) made a surprise purchase of McAfee ( MFE ) yesterday. Although, like many, my firm and I believed McAfee would eventually be purchased and knew Intel has been a loud proponent/advocate of moving ... (Source: Minyanville 2010-08-20T19:22:16Z)

NYC mosque developers say they never planned to meet with governor to discuss moving ...

ALBANY, N.Y. (AP) — Developers of an Islamic cultural center and mosque near ground zero say they never planned to meet with New York Gov. David Paterson over his offer to help find an alternate site. The developers ... (Source: WTVR-TV 2010-08-20T17:20:34Z)

Moon shrinkage? No big deal

WASHINGTON -- The moon may be shrinking. Not to worry though, lovers and crooners, it won't be disappearing any time soon. New research indicates cracks in the moon's crust that have formed as the interior has ... (Source: San Jose Mercury News 2010-08-20T19:07:57Z)

Unguarded Border Bridges Could Be Route Into U.S.

Two metal footbridges that are clear paths into the United States from Mexico flank a towering West Texas stretch of the $2.4 billion border fence designed to block people from illegally entering the country. The ... (Source: KAKE TV 2010-08-20T17:06:15Z)

'Ground Zero mosque' developers say no meeting set with governor -- and none was ever ...

ALBANY, N.Y. -- Developers of an Islamic cultural center and mosque near Ground Zero say they never planned to meet with New York Gov. David Paterson over his offer to help find an alternate site. Associated ... (Source: Staten Island Advance 2010-08-20T20:19:32Z)

BHP Billiton Group Announces Commencement of All Cash-Offer to Acquire PotashCorp

Vancouver, Canada, and New York, US, and London, UK, and Melbourne, Australia -- BHP Billiton (ASX:BHP/LSE:BLT/NYSE:BBL/JSE:BIL) today announced that an indirect wholly-owned subsidiary of BHP Billiton Plc, BHP Billiton ... (Source: WebWire 2010-08-20T15:18:53Z)

With McAfee Deal, Intel Looks for Edge

SAN FRANCISCO -- Hoping to accelerate its move into smartphones and consumer electronics, the chip maker Intel has turned to security software and services as a way to separate its products from those of its rivals. On ... (Source: Pittsburgh Post-Gazette 2010-08-20T06:00:32Z)

Intel Snaps Up McAfee

Santa Clara, Calif. - Intel announced this morning it is buying Internet security software maker McAfee for $7.7 billion. The deal has received approval of both company's boards and is expected to close after it receives ... (Source: Twice 2010-08-19T14:58:36Z)

Border bridges beckon would-be crossers

ACALA, Texas – On each side of a towering West Texas stretch of the $2.4 billion border fence designed to block people from illegally entering the country, there are two metal footbridges, clear paths into the United ... (Source: Fort Wayne Journal Gazette 2010-08-20T11:44:08Z)

DJ BHP Billiton Begins All Cash-Offer To Buy PotashCorp

LONDON, Aug 20, 2010 (Dow Jones Commodities News via Comtex) -- BHP Billiton PLC (BLT.LN), said Friday that BHP Billiton Development 2 Canada Ltd, has commenced the previously announced offer to acquire all of the issued ... (Source: Investors Business Daily 2010-08-20T12:48:34Z)

Pakistan accepts flood aid money from rival India

Islamabad, Pakistan – Pakistan has accepted an offer of $5 million of flood aid from neighbor and longtime rival India, in a move that could spark a political backlash at home. In an interview with Indian ... (Source: YAHOO! 2010-08-20T15:04:34Z)

Western Alliance to offer $75 million in notes in underwritten public offering

LAS VEGAS — Western Alliance Bancorp said Friday it expects to sell $75 million in senior notes due 2015 in an underwritten public offering. The notes are expected to mature in five years. Western Alliance plans to use ... (Source: Washington Examiner 2010-08-20T11:22:40Z)

GM ties up $5 bln bank deal, IPO filing Fri: Sources

NEW YORK: General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top US automaker to the capital markets a year after it emerged from ... (Source: Economic Times 2010-08-12T06:17:11Z)

Western Alliance will offer $75 million in notes

Western Alliance Bancorp said Friday it expects to sell $75 million in senior notes due 2015 in an underwritten public offering. The notes are expected to mature in five years. Western Alliance plans to use proceeds for ... (Source: AP - msnbc.com 2010-08-20T11:01:11Z)

River structures offer easy border crossing

ACALA, Texas — On each side of a towering West Texas stretch of the $2.4 billion border fence designed to block people from illegally entering the country, there are two metal footbridges, clear paths into ... (Source: Denver Post 2010-08-20T06:57:48Z)

Intel (INTC) Acquires McAfee (MFE) In Nearly $8 Billion Deal

Intel Corporation (Nasdaq: INTC ) entered into a definitive agreement to acquire McAfee, Inc., (NYSE: MFE ) for through the purchase of all of the company's common stock at $48 per share in cash, or approximately $7.68 ... (Source: StreetInsider.com 2010-08-19T12:21:07Z)

Moon May Be Shrinking, But Very, Very Slowly

WASHINGTON—The moon may be shrinking. Not to worry though, lovers and crooners, it won't be disappearing any time soon. New research indicates cracks in the moon's crust that have formed as the interior has ... (Source: US News and World Report 2010-08-20T15:04:34Z)

The Incredible Shrinking Moon

(Aug. 20) -- Simply stated, the moon is shrinking. According to a recent scientific study, including images taken by NASA's Lunar Reconnaissance Orbiter , or the LRO, the lunar surface has revealed a series of geologic ... (Source: AOL News 2010-08-20T17:27:44Z)

BHP Billiton commences $40bn offer to acquire Canada's PotashCorp

TORONTO (ICIS)-- BHP Billiton on Friday commenced its previously announced $40bn (€31bn) offer to acquire all issued and outstanding shares of Canada 's Potash Corporation of Saskatchewan ( PotashCorp ), the world ... (Source: ICIS Chemical Business 2010-08-20T15:26:03Z)

Tropicana makes tentative deal on 1st union contract for Atlantic City dealers

ATLANTIC CITY, N.J. (AP) — A tentative deal has been reached for the first union contract ever for Atlantic City casino dealers. The United Auto Workers and Tropicana Casino and Resort reached the deal ... (Source: Chicago Tribune 2010-08-19T13:25:32Z)

Intel Acquires McAfee for $48 per Share in Cash, Says Deal is "Slightly Accretive ...

Aug 19, 2010 (SmarTrend News Watch via COMTEX) -- Intel (NASDAQ:INTC) has announced that it will acquire PC security firm McAfee (NYSE:MFE) for $48 per share in cash. The deal values McAfee at $7.68 billion ... (Source: TMCnet 2010-08-19T14:08:29Z)

Intel buys into software market with $7.68 billion deal

SAN JOSE, Calif. -- In a move that greatly accelerates its surge into the software market, chip-manufacturing giant Intel announced Thursday that it has agreed to buy security-software maker McAfee for $7.68 billion, the ... (Source: Pittsburgh Tribune-Review 2010-08-20T17:13:25Z)

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