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 23, 2010, 3:39 am

HSBC in talks for 70 pct of S.Africa's Nedbank

JOHANNESBURG/HONG KONG, Aug 23 (Reuters) - HSBC is in talks to buy up to 70 percent of South Africa's Nedbank, in a potential $6.8 billion deal that would give Europe's biggest lender a broader gateway to the ... (Source: FOXBusiness 2010-08-23T10:07:31Z)

Harrah's, Rock Gaming form deal to operate Cleveland, Cincinnati casinos

Rock Gaming, LLC, and Harrah's Entertainment, Inc. have an agreement in principle to jointly develop and operate downtown casinos in both Cleveland and Cincinnati. They also are looking to finalize a ... (Source: WKYC 2010-08-12T16:54:16Z)

'Expendables' keeps top box office spot

Sylvester Stallone's "The Expendables" fought off an onslaught of newcomers to finish on top of the weekend box office again. Lionsgate's "The Expendables" remained No. 1 for a second straight weekend with $16 ... (Source: News-Leader.com 2010-08-23T10:14:41Z)

Visiting Japanese foreign minister meets Indian environment minister

New Delhi, Aug 22, 2010 (BBC Monitoring via COMTEX) -- Visiting Japanese Foreign Minister Katsuya Okada Sunday met Indian Environment Minister Jairam Ramesh and is understood to have a dialogue on global issues such as ... (Source: Investors Business Daily 2010-08-23T03:12:20Z)

"Expendables" shoots down rivals

LOS ANGELES — Sylvester Stallone's "The Expendables" fought off an onslaught of newcomers to finish on top of the weekend box office for a second weekend. "The Expendables" collected $16.5 million, according ... (Source: Denver Post 2010-08-23T07:01:24Z)

Sinochem and Vale approach BHP's target Potash Corp: report

MELBOURNE (Reuters) – Potash Corp (POT.TO) has been contacted by China's Sinochem Group and Brazil's Vale (VALE5.SA) as the Canadian firm battles a hostile $39 billion takeover offer from BHP Billiton (BHP ... (Source: YAHOO! 2010-08-23T05:42:40Z)

Why GM stock may lure brave investors despite economy

Would you buy stock in a company that has hemorrhaged tens of billions of dollars for years and run through four bosses in quick succession just because it's turned a profit for a few months? That is ... (Source: Cincinnati.com 2010-08-23T09:24:34Z)

India, Japan to discuss defence, economic ties during nuclear deal talks

Aug 21, 2010 (BBC Monitoring via COMTEX) -- New Delhi: India and Japan will hold the fourth round of strategic dialogue here on Saturday [21 August] to firm up defence and economic ties against the backdrop of the second ... (Source: Investors Business Daily 2010-08-21T11:50:06Z)

Temp casino plan in Cleveland builds steam

A temporary casino in Cleveland amid delays in completing a $600 million permanent gaming house in that city has moved closer to reality. Rock Gaming LLC, the development arm of Cleveland Cavaliers owner Dan ... (Source: Columbus Business Journal 2010-08-20T18:53:38Z)

49ers report: Strategy and personnel

The 49ers signed running back Brian Westbrook to a one-year deal to be Frank Gore 's primary backup this season. The team traded disgruntled defensive end Kentwan Balmer to the Seattle Seahawks for a sixth-round pick in ... (Source: CBS Sports 2010-08-23T06:18:27Z)

India, Japan ministers discuss civil nuclear deal

Japanese Foreign Minister Katsuya Okada met his Indian counterpart Saturday to discuss civil nuclear cooperation between the two nations but cautioned India against testing any further nuclear devices. India ... (Source: Norwalk Hour 2010-08-23T04:59:43Z)

Asian shares mixed on economic pessimism

Asian markets were mixed Monday as pessimism about the world economy deepened while Australian stocks took in stride the likelihood of a weak minority government following weekend elections. The lackluster ... (Source: Forbes 2010-08-23T04:31:05Z)

'The Expendables' holds No. 1 box office spot

Sylvester Stallone's "The Expendables" remained No. 1 for a second straight weekend with $16.5 million, according to studio estimates Sunday. Five new wide releases premiered to crowd the market, but none ... (Source: San Francisco Gate 2010-08-23T10:00:22Z)

HSBC in talks for $6.8B majority stake in Nedbank

British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group Ltd. of South Africa in a deal worth as much as $6.8 billion. Old Mutual said the ... (Source: AP - msnbc.com 2010-08-23T10:07:31Z)

Corporate deals help lift European markets

European stock markets rose modestly Monday as the recent pickup in corporate dealmaking helped offset the gloom from disappointing U.S. economic data. Australian shares traded flat despite an uncertain ... (Source: Kansas City Star 2010-08-23T10:14:41Z)

Sinochem and Vale approach BHP target Potash: report

By Sonali Paul and Eric Onstad MELBOURNE/LONDON (Reuters) - Potash Corp has been contacted by China's Sinochem Group and Brazil's Vale as the Canadian firm battles a hostile $39 billion takeover offer from BHP Billiton ... (Source: msnbc.com 2010-08-23T10:07:31Z)

49ers sign Brian Westbrook to one-year deal

The 49ers signed free-agent RB Brian Westbrook to a one-year, $1.25 million deal Monday to be the primary backup to Frank Gore. Westbrook, 30, played in only eight games last year with the Eagles because of ... (Source: Sporting News 2010-08-17T01:24:55Z)

Dana Banks on its Financial Results to Convince KNOC for Raising the Takeover Offer

As told by a person familiar with the matter on August 23, for its hostile takeover bid worth $2.6 billion to acquire Dana Petroleum, Korea National Oil Corp. seeks approval from Dana's shareholders. KNOC also did not ... (Source: TopNews United States 2010-08-23T10:00:22Z)

KNOC not commenting on raising $2.6 billion Dana offer: source

SEOUL (Reuters) - Korea National Oil Corp is awaiting shareholder responses to its hostile $2.6 billion bid for the UK's Dana Petroleum and declined to comment on whether it would consider a higher offer in ... (Source: Reuters 2010-08-23T06:04:08Z)

49ers sign Brian Westbrook

The San Francisco 49ers have signed veteran free agent running back Brian Westbrook (notes) , the team announced. It's a one-year deal worth $1.25 million. Westbrook is a former Philadelphia Eagles star who ... (Source: YAHOO! 2010-08-20T00:16:56Z)

Kin of political prisoner who died hold march in Cuba

HAVANA — The mother of a Cuban political prisoner who died after a hunger strike held a march in her son's honor without incident Sunday, as pro-government mobs that had broken up the demonstration for weeks ... (Source: Denver Post 2010-08-23T07:01:24Z)

Cuba Church defends brokering prisoner release

(08-20) 14:37 PDT HAVANA, Cuba (AP) -- Roman Catholic officials said Friday they had a humanitarian obligation to broker a landmark deal in which Cuba promised to free 52 political prisoners — answering ... (Source: San Francisco Gate 2010-08-20T21:45:26Z)

Sinochem, Vale Approach BHP Target Potash Corp: Report

MELBOURNE (Reuters) - Potash Corp has been contacted by China's Sinochem Group and Brazil's Vale as the Canadian firm battles a hostile $39 billion takeover offer from BHP Billiton , Bloomberg reported on ... (Source: ABC News 2010-08-23T10:14:41Z)

Despite 'checkered' past, GM's initial offering may lure brave in stalled ...

In this July 9, 2009 file photo, the General Motors headquarters is seen in Detroit. GM recently filed papers with regulators detailing its plans to return to the stock market. Though it didn't specify a ... (Source: Norristown Times Herald 2010-08-23T07:22:53Z)

GM IPO might lure brave despite bad economy

NEW YORK — Would you buy stock in a company that has hemorrhaged tens of billions of dollars for years and has run through three bosses in quick succession just because it has turned a profit for a few ... (Source: Lexington Herald-Leader 2010-08-23T05:42:40Z)

Dana Aims to Convince KNOC to Raise Offer

Dana Petroleum will this week make a final attempt to convince South Korea's national oil group to raise its £1.87pounds takeover offer in return for the blessing of the UK oil explorer's board. The last ... (Source: CNBC 2010-08-23T02:15:04Z)

Asia shares mixed on economic pessimism, Europe up

Asian markets were mixed Monday as pessimism about the world economy deepened and Australian stocks faltered on the likelihood of a weak minority government following weekend elections. European shares opened higher. The ... (Source: AP - msnbc.com 2010-08-23T08:55:56Z)

HSBC in talks to buy majority stake in South Africa's Nedbank for $6.8B

LONDON _ British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group Ltd. of South Africa in a deal worth as much as US$6.8 billion. Old ... (Source: Insurance News Net 2010-08-23T10:07:31Z)

Temporary Cleveland casino plans build steam

A temporary casino in Cleveland amid delays in completing a $600 million permanent gaming house in that city has moved closer to reality, Columbus Business First reported. Rock Gaming LLC, the development arm of ... (Source: Birmingham Business Journal 2010-08-23T09:03:06Z)

Continued: Cuba Church says it was right to broker prisoner release, in answer to dissidents ...

HAVANA - Roman Catholic officials said Friday they had a humanitarian obligation to broker a landmark deal in which Cuba promised to free 52 political prisoners — answering island opposition activists who complained of ... (Source: Minneapolis Star Tribune 2010-08-20T21:38:16Z)

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