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, 6:40 pm

Carmelo Anthony, Chris Paul: Nuggets, Hornets Can't Afford To Deal Their Stars

Dan Gilbert should regret the disgraceful screed he posted on the Cleveland Cavaliers website July 8, minutes after former franchise star LeBron James broadcasted his defection to the Miami Heat on national television ... (Source: Bleacherreport.com 2010-08-23T22:24:49Z)

NC dealer selling J.D. Salinger's old toilet

This undated photo provided by Kernersville, N.C.- based company The Vault shows a toilet reportedly ripped from reclusive author J.D. Salinger's former home. Collectibles dealer Rick Kohl of The Vault said Friday Aug ... (Source: Nashua Telegraph 2010-08-21T03:21:52Z)

AIG repaying $4 billion in taxpayer aid

The insurer's aircraft leasing company, International Lease Finance Corp., completed the sale of $4.4 billion in debt. AIG will use more than $3.9 billion of the proceeds to repay the Federal Reserve Bank of New York ... (Source: The Christian Science Monitor 2010-08-23T18:57:14Z)

Moving sale at 'Amityville Horror'

New York — The owner of the New York house made famous in the 1979 film "The Amityville Horror" is holding a moving sale. The five-bedroom Dutch Colonial on Long Island has been on the market since May ... (Source: LJWORLD 2010-08-22T08:28:29Z)

Stocks fluctuate on M&A activity, economic worries

NEW YORK -- Stocks fluctuated Monday as a fresh round of corporate dealmaking was tempered by continued skepticism about the strength of the economy. Stocks got an early lift after a spate of new deals were ... (Source: Sacramento Bee 2010-08-23T17:24:11Z)

Ahead of the Bell: Warner Chilcott shares rise

Shares of Warner Chilcott PLC climbed nearly 4 percent in premarket trading Monday, the first trading day after the Irish drug maker said it had completed a loan and debt offering needed to pay a special dividend. "The ... (Source: AP - msnbc.com 2010-08-23T12:52:10Z)

Deal Diva: Buy school supplies before classes start

It's not too late to take advantage of back-to-school savings. Merchants are offering deals and freebies on everything from clothes to pencils to cell phones. 1. Shop at home first Start with a list of what ... (Source: Fresno Bee 2010-08-23T10:14:41Z)

Merger news doesn't jolt meandering markets

Stocks drifted lower Monday as a fresh round of corporate dealmaking was tempered by skepticism about the strength of the economy. Stocks got an early lift after a spate of new deals were announced, but the gains faded ... (Source: AP - msnbc.com 2010-08-23T18:14:17Z)

Laptop stolen from San Diego Republican Party headquarters

SAN DIEGO (CNS) - The Republican Party of San Diego County's Sorrento Valley headquarters was broken into over the weekend and a laptop computer stolen, local GOP officials reported Monday. Tony Krvaric, chairman of the ... (Source: KFMB 2010-08-23T23:50:43Z)

New York Knicks Make Offer for Carmelo Anthony

Michael Kay has reported on ESPN 1050 New York that the New York Knicks are preparing an offer of Danilo Gallinari, Eddy Curry and a future first round pick to the Denver Nuggets in exchange for Carmelo ... (Source: The Celebrity Cafe.com 2010-08-20T15:18:53Z)

DJ PotashCorp To Review Documents Regarding Cash Offer Commenced By BHP

LONDON, Aug 20, 2010 (Dow Jones Commodities News via Comtex) -- Potash Corp. of Saskatchewan Inc. (POT), said Friday that it will review the formal offering documents in connection with the unsolicited $130 per share ... (Source: Investors Business Daily 2010-08-20T13:31:31Z)

As Big Deals Percolate, Pessimism Hurts Indexes

Stocks slumped to a weak finish Monday as lingering worries about the economy overcame optimism from a fresh round of corporate deal making. Stocks had an early lift after Hewlett-Packard bid 33 percent more ... (Source: New York Times 2010-08-23T23:07:46Z)

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)

REGION: County Republican Party headquarters burglarized

SAN DIEGO - The Republican Party of San Diego County's Sorrento Valley headquarters was broken into over the weekend and a laptop computer stolen, local GOP officials reported today. Tony Krvaric, chairman of the local ... (Source: North County Times 2010-08-23T23:50:43Z)

UPDATE 3-Deals of the day -- mergers and acquisitions

** Swiss drugmaker Roche Holding AG ( ROG.VX ) is buying U.S-based BioImagene for some $100 million, making another bolt-on acquisition to cement its dominant position in tissue-based cancer diagnostics. [ID ... (Source: Reuters 2010-08-21T23:53:06Z)

Warner Chilcott declares special dividend, closes debt offer

DES MOINES, IOWA — Irish drug maker Warner Chilcott PLC said Friday it has completed a loan and a debt offering necessary to pay a special dividend of $8.50 per share that it announced last month. The company amended ... (Source: Washington Examiner 2010-08-20T23:25:39Z)

NC memorabilia dealer selling J.D. Salinger's toilet

K ERNERSVILLE, 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: Boston Herald 2010-08-20T22:06:54Z)

Thoma Bravo agrees to buy LANDesk Software

Private equity firm Thoma Bravo has agreed to acquire the LANDesk Software unit from Emerson Electric Co. Financial details of the deal were not disclosed. The acquisition is expected to close by the end of September ... (Source: AP - msnbc.com 2010-08-23T23:43:34Z)

Moving 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: Jackson Sun 2010-08-23T17:02:42Z)

Turn back-to-school shopping into a real-world classroom

Ina Poecher heard about a back-to-school sale at J.C. Penney on the radio. So with a mental list of wardrobe needs for fifth grade, the Vadnais Heights, Minn., 10-year-old spent a recent Saturday morning with ... (Source: Naples Daily News 2010-08-15T03:28:59Z)

GOP candidate rejects Tancredo's offer from party chairman to quit Colorado governor's race

DENVER - The Republican gubernatorial candidate in Colorado has rejected an offer from former GOP congressman Tom Tancredo for both men to get out of the race and let the party pick a new candidate. State Republican ... (Source: Minneapolis Star Tribune 2010-08-18T20:07:35Z)

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)

AIG to repay Uncle Sam nearly $4B of its bailout

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The insurer's ... (Source: Minneapolis Star Tribune 2010-08-24T00:33:40Z)

School shopping teaches spending skills

Ina Poecher heard about a back-to-school sale at J.C. Penney on the radio. So with a mental list of wardrobe needs for fifth grade, the Vadnais Heights, Minn., 10-year-old spent a recent Saturday morning with ... (Source: Vindy.com 2010-08-15T04:33:25Z)

PotashCorp To Review Documents Regarding Cash Offer Commenced By BHP

Dow Jones Newswire PotashCorp To Review Documents Regarding Cash Offer Commenced By BHP LONDON -(Dow Jones)- Potash Corp. of Saskatchewan Inc. (POT), said Friday that it will review the formal offering ... (Source: Smart Money 2010-08-20T13:45:50Z)

BAILOUT: AIG repaying nearly $4 billion in federal loans

The insurer's aircraft leasing company, International Lease Finance Corp., completed the sale of $4.4 billion in debt. AIG will use more than $3.9 billion of the proceeds to repay the Federal Reserve Bank of ... (Source: Delaware Wave 2010-08-23T17:45:39Z)

Warner Chilcott Completes Amendment to Existing Senior Secured Credit Facilities and ...

Warner Chilcott plc today announced that it has completed an amendment to its existing senior secured credit facilities, pursuant to which it has incurred an additional $1.5 billion aggregate principal amount of new term ... (Source: PR-USA.net 2010-08-23T07:15:43Z)

Denver Nuggets Should Trade Carmelo Anthony Before He's a Free Agent

Carmelo Anthony is set to become a free agent in the NBA next summer after his contract with the Denver Nuggets expires. It would be in the best interest of the Nuggets to trade him now, since it seems that he doesn't ... (Source: Bleacherreport.com 2010-08-23T16:48:23Z)

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)

Emerson Electric agrees to sell LANDesk unit to private equity firm Thoma Bravo

SALT LAKE CITY — Private equity firm Thoma Bravo has agreed to acquire the LANDesk Software unit from Emerson Electric Co. Financial details of the deal were not disclosed. The acquisition is expected to close by the ... (Source: Washington Examiner 2010-08-23T23:57:53Z)

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