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 21, 2010, 5:41 pm

Intel to acquire McAfee in $7.68 billion deal

Intel Corp., signaling its ambitions to expand beyond computers and into the booming market for mobile and Internet-connected devices, announced a deal Thursday to buy security software maker McAfee Inc. for $ ... (Source: San Francisco Gate 2010-08-20T09:56:46Z)

U.S. Dollar, Japanese Yen Benefits From Flight To Safety

Aug, 19 British Pound Advances as Economic Outlook Improves, Bundesbank Raises 2010 Growth Forecast Aug, 18 British Pound Rallies on Bank of England Minutes, Euro Pares Advance Aug, 17 Euro Benefits From Risk ... (Source: DailyFx 2010-08-20T12:05:37Z)

Intel buys McAfee in surprising $7.7 billion deal

In a stunning deal, computer-chip maker Intel said Thursday it will pay $7.7 billion, or $48 a share, to acquire anti-virus giant Mc Afee, a 60 percent premium over McAfee's share price on Wednesday. McAfee will operate ... (Source: Reno Gazette 2010-08-20T14:35:56Z)

Business Briefs: Groupon offer brings in millions for Gap

Daily deal site Groupon reported Friday that it sold 445,000 vouchers for retailer Gap, bringing in $11 million in revenue for the Chicago-based company's first-ever nationwide promotion. Groupon typically splits revenue ... (Source: Everett Herald 2010-08-21T23:53:06Z)

Costa a good story, but is he the guy?

EUGENE — Nate Costa was the last Oregon player to leave the Friday morning practice, and he signed a football for a boy before walking through the tunnel at Autzen Stadium. Whether it's autograph or ... (Source: Statesman Journal 2010-08-21T17:55:11Z)

Pound Mixed Against Majors

(RTTNews) - During early European deals on Friday, the British pound showed mixed trading against other major currencies. While the pound dropped against the dollar and the yen, it recouped recent losses against the euro ... (Source: RTT News 2010-08-20T08:59:30Z)

Judge Rejects Fisk Deal to Sell Georgia O'Keeffe Share

American painter Georgia O'Keeffe, 80, is photographed on April 3, 1968 at an unknown location. AP Photo. NASHVILLE (AP).- A Nashville judge has rejected Fisk University's proposal to sell a joint share in a 101-piece ... (Source: Art Daily 2010-08-21T03:00:24Z)

Yen Rises Against Rises Against European Majors

(RTTNews) - The Japanese yen traded higher against major European opponents in early New York deals on Friday. At 6:25 am ET, the yen climbed to new multi-week highs of 132.10 against the British pound and 108.33 versus ... (Source: RTT News 2010-08-20T10:39:43Z)

Ducks and Bi-Mart Team for Football Ticket Discount

The University of Oregon and Bi-Mart have collaborated to offer a $20 discount on remaining reserved seats for the Ducks' Sept. 4 football season opener vs. New Mexico in Autzen Stadium. Coupons are expected to be ... (Source: GoDucks.com 2010-08-20T01:21:22Z)

Wall St gains ground as tech shares rise

NEW YORK (Reuters) - Stocks trimmed declines late on Friday and the Nasdaq Composite index turned positive after positive forecasts from Marvell Technology <MRVL.O> and Intuit Inc <INTU.O>. * The Dow Jones industrial ... (Source: msnbc.com 2010-08-20T19:00:47Z)

CEA takes a swipe at mandating FM in a PRA deal

A few days ago the Consumer Electronics Association (CEA) was refusing to get involved in the Performance Rights Act (PRA) and the potential NAB deal with RIAA/musicFirst to have PRA mandate inclusion of FM radio chips ... (Source: Radio Business Report 2010-08-17T14:10:52Z)

Wall Street set to open higher

NEW YORK (Reuters) - Stocks fell at the open on Wednesday, weighed by underwhelming earnings and as energy shares tracked crude oil futures lower. The Dow Jones industrial average <.DJI> dropped 51.16 points ... (Source: Town Hall 2010-08-18T13:48:12Z)

Obama a Muslim? Rumors Thrive, Defy Facts

None of this is true. But to surprising levels, it is believed. Blame it on the media, or on human nature. All presidents deal with image problems - that they're too weak or too belligerent, too far left or far right ... (Source: The Ledger 2010-08-20T00:52:44Z)

Smucker 1Q net income rises 5 percent on lower costs

CHICAGO -- J.M. Smucker Co.'s net income rose 5 percent during its fiscal first quarter on lower costs, though the company was squeezed by higher coffee bean prices and price competition on store shelves. The maker of Jif ... (Source: Vacaville Reporter 2010-08-21T08:01:03Z)

Judge rejects Fisk deal for Ark. museum to take joint ownership of O'Keeffe art ...

NASHVILLE, TENN. — A Nashville judge has rejected Fisk University's proposal to sell a joint share in a 101-piece collection donated by late artist Georgia O'Keeffe to an Arkansas museum. Fisk argued that its ... (Source: San Francisco Examiner 2010-08-20T22:28:23Z)

Stocks gain on Wal-Mart profits, deal talk

The Dow Jones industrial average <.DJI> was up 103.84 points, or 1.01 percent, at 10,405.85. The Standard & Poor's 500 Index <.SPX> was up 13.16 points, or 1.22 percent, at 1,092.54. The Nasdaq Composite Index <.IXIC ... (Source: Town Hall 2010-08-17T21:13:12Z)

Shirley Sherrod To Meet With Agriculture Secretary About Job Offer

Epes AL -- Former USDA official Shirley Sherrod says she is meeting with Agriculture Secretary Tom Vilsack on Tuesday to discuss a new job offer. Sherrod was forced to resign last month after a conservative blogger ... (Source: digtriad.com 2010-08-22T00:14:34Z)

Obama rumors gain steam, defying facts

NEW YORK - "President Obama is a Muslim." "He's not an American citizen." "He wasn't even born here." None of this is true. But to surprising levels, it is believed. All presidents deal with image problems ... (Source: Philadelphia Daily News 2010-08-20T08:59:30Z)

College football: Discount coupons available for tickets for Ducks' home opener

Fans interested in attending the University of Oregon's Sept. 4 season opener against New Mexico can pick up a coupon at Eugene and Springfield Bi-Marts for $20 off on a reserved ticket. The face value of ... (Source: Statesman Journal 2010-08-21T05:02:05Z)

FM in cell phone battle goes mainstream

Until now you pretty much had to be a reader of RBR-TVBR or some other broadcast industry trade publication to know that a deal between NAB and RIAA/musicFirst on the Performance Rights Act might lead to Congress ... (Source: Radio Business Report 2010-08-19T18:04:43Z)

Smucker spreading perky forecast

J.M. Smucker Co. reported a strong first quarter, with executives expecting sales of such things as Jif peanut butter, Folgers coffee and Uncrustables sandwiches to increase for the remainder of its 2011 ... (Source: Akron Beacon Journal 2010-08-21T06:27:59Z)

Business Line

The results of an asset mapping and target industry analysis will be presented at the Seventh Annual Workforce and Economic Growth Luncheon. Energize-ECI hired Ginovus to perform asset mapping of East Central ... (Source: Star-Press 2010-08-21T07:18:06Z)

Judge rejects Fisk deal to sell O'Keeffe share

A Nashville judge has rejected Fisk University's proposal to sell a joint share in a 101-piece collection donated by late artist Georgia O'Keeffe to an Arkansas museum. Fisk argued that its precarious financial state ... (Source: AP - msnbc.com 2010-08-20T21:45:26Z)

Radio royalties fix: Require FM radios in phones?

A tech-policy problem that's been festering for the last decade may be nearing a solution--but, in keeping with the sad history of this issue, the latest proposed fix has far more to do with lobbying than logic. That's ... (Source: Washington Post 2010-08-21T18:38:08Z)

Intel is acquiring McAfee in a push beyond PCs

The surprise deal represents Intel's bold move to position its chips, primarily its lower-powered mobile processors, as an attractive choice for the billions of coming Internet-connected devices. By ... (Source: Houston Chronicle 2010-08-20T05:24:45Z)

Obama rumors gaining steam despite facts | POLL

NEW YORK — "President Obama is a Muslim." "He's not an American citizen." "He wasn't even born here." None of this is true. But to surprising levels, it is believed. Blame it on the media, or on human nature ... (Source: Evansville Courier-Press 2010-08-21T03:00:24Z)

Judge dismisses lawsuit over Murat naming

A judge has dismissed a lawsuit challenging a deal that put a bank's name on the century-old Murat Temple theater building in Downtown Indianapolis. The Murat Temple Association argued in its lawsuit that Live ... (Source: Indianapolis Star 2010-08-21T11:42:57Z)

Suit over Indianapolis venue name change dismissed

Indianapolis - A judge has dismissed a lawsuit challenging a deal that put a bank's name on the century-old Murat Temple theater building in downtown Indianapolis. The Murat Temple Association argued in its lawsuit ... (Source: msnbc.com 2010-08-20T20:19:32Z)

Shirley Sherrod to meet with ag secretary Vilsack on Tuesday

EPES, Ala. (AP) — Former USDA official Shirley Sherrod says she is meeting with Agriculture Secretary Tom Vilsack on Tuesday to discuss a new job offer. Sherrod was forced to resign last month after a ... (Source: Palladium-Item 2010-08-22T00:07:25Z)

Sherrod plans meeting with Ag. Secretary Tuesday

EPES, ALA. — Former USDA official Shirley Sherrod says she plans to meet with Agriculture Secretary Tom Vilsack next week to discuss a new job offer. Sherrod was forced to resign last month after a conservative blogger ... (Source: Washington Examiner 2010-08-21T23:17:18Z)

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