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, 4:41 am

VT extends Beamer's deal through 2016

BLACKSBURG - Virginia Tech has extended the contract of football coach Frank Beamer through the 2016 season. Beamer's current deals was set to expire at the end of 2012. The extension was announced by the ... (Source: Progress Index 2010-08-23T08:05:50Z)

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)

Hokies extend Beamer's deal through 2016

Virginia Tech has extended the contract of football Coach Frank Beamer through the 2016 season. Beamer's current deal was set to expire at the end of 2012. The extension was announced by the school Saturday ... (Source: Washington Post 2010-08-22T05:58:10Z)

Amityville Horror House Draws Large Crowd for Moving Sale

The line outside the tag sale of the Amityville "Horror House" The tag sale at the Amityville "Horror House" on Saturday drew a large crowd of both bargain and ghost hunters. A line sprawled down the ... (Source: LongIslandPress 2010-08-21T19:28:14Z)

Fantasy mega-mansion sold, to be demolished

JOHNS CREEK, Ga. — Bit by bit, Larry Dean's life, at least as he had constructed it over the last two decades, was ebbing away. Hundreds of strangers — many in little black cocktail dresses, some in white linen ... (Source: Worcester Telegram & Gazette 2010-08-22T08:49:58Z)

Continued: Estate sale is a collision of self-indulgence, bad taste

JOHNS CREEK, GA. - Bit by bit, Larry Dean's life, at least as he had constructed it over the last two decades, was ebbing away. Hundreds of strangers -- many in little black cocktail dresses, some in white linen suits ... (Source: Minneapolis Star Tribune 2010-08-21T21:22:46Z)

Moving sale at Amityville horror house

AMITYVILLE, N.Y. (AP) - The current owner of the house made famous in the 1979 film "The Amityville Horror" is holding a moving sale in New York. The five-bedroom Dutch Colonial has been on the market since May, listed ... (Source: Charleston Daily Mail 2010-08-22T23:23:16Z)

Deals Activity Lifts Futures

U.S. stock futures tracked gains in Europe on Monday, as a pickup in deals activity encouraged investors to shake off the economic-driven weakness of the past week. Two hours before the start of trading, Dow ... (Source: Wall Street Journal 2010-08-23T11:11:57Z)

Reclusive Author's Toilet Up For Sale

KERNERSVILLE, N.C. (August 20, 2010)--North Carolina collectibles dealer Rick Kohl is selling a toilet ripped from reclusive author J.D. Salinger's former home. Kohl, of The Vault, said Friday he bought the standard ... (Source: KWTX 2010-08-20T19:36:35Z)

Stocks set to open the week with moderate gains

NEW YORK (AP) -- Stocks closed moderately lower Friday as investors' pessimistic view of the economy deepened. There was little reason for investors to buy. There were no reports to offset Thursday's ... (Source: Associated Press 2010-08-23T10:50:28Z)

J.D. Salinger's toilet up for sale at $1 million on eBay

KERNERSVILLE, N.C. - A North Carolina collectibles dealer is hawking a toilet ripped from reclusive author J.D. Salinger's former home. Rick Kohl of The Vault said Friday he bought the standard white porcelain ... (Source: Tulsa World 2010-08-21T07:25:15Z)

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)

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 2010-08-23T10:50:28Z)

BHP's $42bn Canada Potash tilt

Aug 17, 2010 (The Australian Financial Review - ABIX via COMTEX) -- Potash Corporation of Saskatchewan (PCS) has rejected BHP Billiton's $US38bn ($A42.5bn) unsolicited takeover bid. The $US120-per-share offer is BHP's ... (Source: Investors Business Daily 2010-08-18T00:40:47Z)

World stocks above one-month lows

LONDON (Reuters) - World stocks stabilized just above last week's one-month low on Monday as an encouraging euro zone business survey and positive corporate merger activity news helped ease concerns about a ... (Source: Reuters 2010-08-23T11:19:06Z)

U.S. Stock Futures Rebound From Two-Week Loss; Newmont, Air Products Gain

U.S. stock-index futures rose after two straight weekly losses for the Standard & Poor's 500 Index left the benchmark gauge trading at its cheapest in six weeks. Newmont Mining Corp. and Alcoa Inc. gained in ... (Source: Bloomberg 2010-08-23T10:36:09Z)

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)

BHP's Potash bid stirs little Canada hostility yet

OTTAWA (Reuters) - Canada said Tuesday it would conduct a rigorous review of any foreign takeover of Potash Corp as the governing Conservatives seek to avoid the kind of political backlash such deals have triggered in ... (Source: FOXBusiness 2010-08-17T20:51:43Z)

World stocks above 1-month lows; M&A helps

LONDON (Reuters) - World stocks stabilised just above last week's one-month low on Monday as an encouraging euro zone business survey and positive corporate merger activity news helped ease concerns about a ... (Source: Reuters 2010-08-23T10:00:22Z)

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)

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)

In Georgia, a Megamansion Is Finally Sold

JOHNS CREEK, Ga. -- Bit by bit, Larry Dean's life, at least as he had constructed it over the last two decades, was ebbing away. Hundreds of strangers and many friends -- most in black dresses or dark suits -- showed up ... (Source: Pittsburgh Post-Gazette 2010-08-22T06:05:19Z)

Glance-UPDATE 1-Deals of the day -- mergers and acquisitions

Aug 23 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Monday. (For Reuters columns on deals, click on) ** HSBC will buy up to ... (Source: Life Style Extra 2010-08-23T09:10:15Z)

Odd News: Sale planned at 'Amityville Horror' house

The five-bedroom Dutch Colonial on Long Island has been on the market since May for $1.15 million and is under contract. Owner Brian Wilson is holding a moving sale Saturday. Items include furniture and ... (Source: Herald and News 2010-08-23T07:15:43Z)

NC memorabilia dealer selling Salinger's toilet

KERNERSVILLE, N.C. – A North Carolina collectibles dealer is hawking a toilet ripped from reclusive author J.D. Salinger's former home. Rick Kohl of The Vault said Friday he bought the standard white ... (Source: YAHOO! 2010-08-22T03:13:32Z)

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)

Va. tech extends beamer's deal

BLACKSBURG, Va. — Virginia Tech extended the contract of longtime coach Frank Beamer through the 2016 season. Beamer's current deal was set to expire at the end of 2012. The extension was announced by the ... (Source: Denver Post 2010-08-22T06:55:26Z)

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