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 22, 2010, 3:40 pm

SABMiller may offer $10.9 billion for Foster's

SAN FRANCISCO (MarketWatch) -- SABMiller PLC, the world's No. 2 beer maker, reportedly is considering spending up to $10.9 billion to acquire the beer operations of Foster's Group Ltd., the largest brewer in Australia ... (Source: Investors Business Daily 2010-08-22T18:58:25Z)

Intel's Deal for 'Buggy Whip' Maker McAfee Will Impact IT

Security analysts are still digesting the implications of Intel acquiring McAfee for $7.68 billion. The purchase plan comes four months after McAfee was forced to apologize for an antivirus update that shut ... (Source: YAHOO! 2010-08-20T17:34:53Z)

500-foot inflatable slide set to offer thrills

Residents of Grand Rapids, Michigan will have their chance to take the ultimate thrill ride this weekend. The world's largest waterslide will be set up for anyone adventurous enough to give it a try. "It's breathtaking ... (Source: msnbc.com 2010-08-18T18:48:51Z)

Eto'o double gives Benitez's Inter winning start

MILAN (Reuters) -- Inter Milan striker Samuel Eto'o scored twice to help get Rafael Benitez's era at the treble winners off to a perfect start with a 3-1 triumph over AS Roma in the Italian Super Cup at the ... (Source: CNN Sports Illustrated 2010-08-22T11:48:55Z)

Plenty of virtue in so-called 'sin stocks'

So much for virtue. Sin is in. That's according to a mutual fund manager who's finding plenty of investment opportunities in companies profiting from vices like smoking, drinking and gambling. Jeff Middleswart's aptly ... (Source: Traverse City Record-Eagle 2010-08-22T11:13:08Z)

Obama mortgages the Gulf of Mexico to BP

In a deal that has sweeping, long-term implications for millions of people living and working along the US Gulf Coast, the Obama administration has agreed to base the payments by BP to the oil disaster fund on the oil ... (Source: World Socialist Web Site 2010-08-12T04:01:11Z)

Google Knows What It 'Likes', Buys It

Google announced that it has purchased Like.com, which offers a visual search engine for retail products. The acquisition comes years after rumors emerged that Google was interested in the company, which was ... (Source: Redorbit.com 2010-08-22T20:24:19Z)

McAfee Inc.

News that Intel will buy McAfee for $7.68 billion sent shares of the security software maker soaring. McAfee would help Intel, which makes chips for computers, get semiconductors laden with security features ... (Source: Boston Globe 2010-08-22T04:03:38Z)

Wages of sin pay off for mutual fund manager

BOSTON -- So much for virtue. Sin is in. That's according to a mutual fund manager who's finding plenty of investment opportunities in companies profiting from vices like smoking, drinking and gambling. Jeff Middleswart ... (Source: Charleston Gazette 2010-08-22T03:49:19Z)

Google Presses Into Visual Shopping With Like.com Deal

Google CEO Eric Schmidt's plan to buy a company a month has been on fast forward; lately the search firm has been on a company-a-week pace. The latest? On Friday, Google announced the purchase of visual ... (Source: Advertising Age 2010-08-21T15:39:10Z)

Prospects' poor seasons make Cliff Lee trade still burn

In a battle of potential playoff teams and two pitchers who will likely finish at the top of American League Cy Young Award ballots, David Price didn't earn the win, but his Tampa Bays Rays beat Cliff Lee and ... (Source: Mercury 2010-08-22T10:15:52Z)

JPMorgan's Henderson Says China May Rival BHP Bid for Potash

Aug. 19 (Bloomberg) -- Ian Henderson, manager of $7 billion in resource assets at JPMorgan Chase & Co., said China may bid for Potash Corp. of Saskatchewan Inc., after a $40 billion BHP Billiton Ltd. offer ... (Source: BusinessWeek 2010-08-19T13:39:51Z)

Columbus Blue Jackets sign forward Ben Guite to 1-year deal

COLUMBUS, Ohio (AP) — The Blue Jackets have signed forward Ben Guite to a one-year contract. General manager Scott Howson announced the signing Wednesday. Terms were not revealed. The 32-year-old Guite was scoreless ... (Source: Cleveland News - Fox 8 2010-08-18T19:03:10Z)

Lee trade debate rages on

In a battle of potential playoff teams and two pitchers who will likely finish at the top of American League Cy Young Award ballots, David Price didn't earn the win, but his Tampa Bays Rays beat Cliff Lee ... (Source: Norristown Times Herald 2010-08-22T21:50:13Z)

SABMILLER PLANS £7BN BID FOR FOSTER'S EMPIRE

A MULTI-billion pound takeover deal is brewing in the global drinks industry with Peroni and Grolsch maker SABMiller believed to be setting its sights Down Under on the beer operations of Foster's Group. London-listed ... (Source: Daily Express 2010-08-22T22:11:42Z)

Putting a Different Kind of Urban Decline to Use

If only the commute downtown could always be this much fun. This weekend thousands of people — provided they are at least 48 inches tall — are expected to descend into the low-lying center of Grand Rapids, Mich., on ... (Source: Star News Online 2010-08-22T17:54:00Z)

Intel agrees to buy McAfee, decides that security matters

In a deal valued at $7.68 billion, processor giant Intel has agreed to buy security and antivirus firm McAfee. The chip company will pay $48 a share for McAfee, a premium of 60% over Wednesday's closing price ... (Source: Ars Technica 2010-08-19T16:53:08Z)

Lawrence On Baseball: Prospects in Lee deal not delivering

In a battle of potential playoff teams and two pitchers who will likely finish at the top of American League Cy Young Award ballots, David Price didn't earn the win, but his Tampa Bays Rays beat Cliff Lee ... (Source: Delaware County Daily Times 2010-08-22T16:28:06Z)

Source: NHL to change tiebreaker

The NHL plans to finalize a change to its regular-season tiebreaking system for 2010-11 at a Sept. 14 Board of Governors' meeting, a league source said. Under the new plan, the first tiebreaker will be a ... (Source: ESPN.com 2010-08-22T16:42:25Z)

Kuyt confirms Inter Milan offer

Dirk Kuyt claims Liverpool have been made an offer by Inter Milan for his signature and the Dutchman is weighing up his options. The Dutchman's agent revealed earlier in the week that the Serie A giants were keen to take ... (Source: soccer365.com 2010-08-22T13:43:27Z)

Smoking and drinking offer stock choices

That's according to a mutual fund manager who's finding plenty of investment opportunities in companies profiting from vices such as smoking, drinking and gambling. Jeff Middleswart's aptly named Vice Fund is beating the ... (Source: Worcester Telegram & Gazette 2010-08-22T10:23:01Z)

War on shootouts continues with NHL tiebreaker change

Let's get one thing straight: There are a great many NHL fans that enjoy the shootout in the same way one enjoys, say, a pie fight to end an old Hollywood comedy. But if these same people believe the shootout is a ... (Source: YAHOO! 2010-08-22T15:23:40Z)

World's No. 2 Beer Maker May Offer $10.9B For Foster's

(NewsCore) - The world's No. 2 beer maker reportedly is considering spending up to $10.9 billion to acquire the beer operations of Foster's, the largest brewer in Australia, according to a media report Sunday. London ... (Source: myfoxny.com 2010-08-22T21:00:07Z)

BHP Billiton could be dragged into Sahara row: report

LONDON (Reuters) - BHP Billiton <BLT.L>, the world's biggest miner, could be dragged into a geopolitical independence row on Monday as a result of its hostile takeover bid for Potash Corp <POT.TO><POT.N>, the Independent ... (Source: msnbc.com 2010-08-22T14:26:24Z)

Michigan city offers slick route to downtown

If only the commute downtown could always be this much fun. This weekend thousands of people — provided they are at least 48 inches tall — are expected to descend into the low-lying center of Grand Rapids ... (Source: Austin American-Statesman 2010-08-22T03:49:19Z)

Indiana oil industry holds steady, but operators fear fallout from BP's Gulf of ...

VINCENNES, Ind. — Indiana's small oil industry fears the fallout from BP's massive spill in the Gulf of Mexico could hurt business for independent operators in the Midwest. Indiana produced 1.8 million ... (Source: Daily Journal 2010-08-22T13:50:37Z)

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)

Google Acquires Visual Search Engine Like.com

(ChattahBox) – Visual search and shopping startup Like.com has announced on its site today that it had agreed to being acquired by Google. Rumors that Google and Like were in acquisition talks earlier this ... (Source: Chattahbox.com 2010-08-22T20:02:51Z)

Obama Administration, BP Nearing Deal On Oil Spill Fund

WASHINGTON--The Obama administration and BP PLC are close to a deal to use future revenues from the oil giant's Gulf of Mexico operations to guarantee its $20 billion cleanup and compensation fund, a move that ... (Source: Huffingtonpost.com 2010-08-10T03:34:55Z)

Inter Milan to begin life after Mourinho

ROME (AP) — Inter Milan wants to pick up right where it left off in Saturday's Italian Super Cup against AS Roma — even without Jose Mourinho. Last season, Inter became the first Italian side to win a treble with the ... (Source: Syracuse Post-Standard 2010-08-19T11:09:32Z)

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