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, 9:41 pm

Former exec to buy Resorts Atlantic City casino

A casino regulator who became a casino executive has struck a deal to buy Atlantic City's first legal casino in a move that could offer some optimism that the struggling gambling mecca can be revived.Dennis Gomes, the ... (Source: msnbc.com 2010-08-23T20:23:08Z)

TSX advances as PotashCorp rejects BHP offer

The Toronto stock market headed higher Monday with investors focused on PotashCorp as the company officially rejected a hostile US$38.6 billion takeover bid from Australian miner BHP Billiton. The S&P/TSX composite index ... (Source: Toronto Star 2010-08-23T13:56:35Z)

Former Bartram Trail standout Kyle Parker, Colorado Rockies agree on deal

DENVER — The Colorado Rockies reached an agreement with Bartram Trail High School graduate Kyle Parker, their top draft pick, that will allow him to quarterback Clemson this fall. The deal with Parker, the ... (Source: Florida Times-Union 2010-08-18T03:46:54Z)

Unfazed Sheboygan woman, 79, uses ice chopper to kill rattlesnake on patio

SHEBOYGAN, Wis. - A 79-year-old Sheboygan woman who couldn't find any help when a rattlesnake showed up on her patio said it was no big deal taking matters into her own hands. Margaret Street said she used an ... (Source: Minneapolis Star Tribune 2010-08-23T19:25:52Z)

Rockies agree to terms with Clemson OF and QB Kyle Parker just before deadline

DENVER – The Colorado Rockies reached an agreement with Kyle Parker, their top draft pick, that will allow him to quarterback Clemson this fall before he hands off to baseball in the spring. The deal with ... (Source: FOX News 2010-08-17T06:04:06Z)

Emerging-to-Developed market deals witness 25% rise in H1

NEW DELHI: Portraying a strong rebound in their deal-making confidence, emerging markets led by India saw 25 per cent rise in mergers and acquisitions deals targeted towards developed markets in the past six months, a ... (Source: Hindu Business Line 2010-08-23T09:31:44Z)

US stocks set to open the week with moderate gains

NEW YORK: Stock futures rose modestly Monday as investors tentatively move back into the market after a recent retreat because of worries about the economy. There are no major economic reports due out Monday ... (Source: Economic Times 2010-08-23T13:56:35Z)

PotashCorp Board of Directors Rejects BHP Billiton's Unsolicited Offer

SASKATOON, Aug. 23 /CNW/ - Potash Corporation of Saskatchewan Inc. ("PotashCorp") today announced that its Board of Directors, after careful consideration with the assistance of its independent financial and legal ... (Source: Yahoo Finance 2010-08-23T10:21:50Z)

Former executive strikes a deal to buy Resorts Atlantic City, the city's 1st casino

ATLANTIC CITY, N.J. (AP) — A former Atlantic City casino executive has a deal to buy Resorts Atlantic City, the first casino to open in the struggling gambling hot spot. Dennis Gomes' company, Gomes Gaming ... (Source: Los Angeles Times 2010-08-23T15:22:29Z)

Developed mart targeted M&A deals up 25 %

Portraying a strong rebound in their deal-making confidence, emerging markets led by India saw 25 per cent rise in merger and acquisitions deals targeted towards developed markets in the past six months, a study by ... (Source: Deccan Herald 2010-08-23T15:43:58Z)

Elderly Woman Kills Snake with Ice Chopper

A 79-year-old Sheboygan woman who couldn't find any help when a rattlesnake showed up on her patio says it was no big deal taking matters into her own hands. SHEBOYGAN, Wis. (AP) -- A 79-year-old Sheboygan woman who ... (Source: msnbc.com 2010-08-23T20:30:17Z)

Mexican army convoy shoots, kills American

ACAPULCO, Mexico — A Mexican soldier said a U.S. citizen attacked an army convoy and was killed when troops shot him in self-defense outside the resort city of Acapulco, a police official said. The man's ... (Source: Seattle Times 2010-08-24T03:46:57Z)

Kwame Brown, Michael Jordan reunite; Brown agrees to 1-year, $1.3 million deal with ...

CHARLOTTE, N.C. – Charlotte Bobcats owner Michael Jordan is bringing back what's considered his worst move as a basketball executive: Kwame Brown. The Bobcats on Monday agreed on a one-year deal with Brown ... (Source: FOX News 2010-08-23T23:07:46Z)

Former Exec to Buy Resorts Atlantic City Casino, Apfn

ATLANTIC CITY, N.J. (AP) A former Atlantic City casino executive has a deal to buy Resorts Atlantic City, the first casino to open in the struggling gambling hot spot. Dennis Gomes' company, Gomes Gaming, has ... (Source: WCBD 2010-08-23T17:17:01Z)

Kwame Brown signs $1.3 million deal

Kwame Brown and Michael Jordan. Together again. Nearly a decade after Jordan, then president of basketball operations for the Washington Wizards, made Brown the first No. 1 pick in the NBA draft to come ... (Source: Raleigh News & Observer 2010-08-24T01:38:06Z)

Stocks rise modestly to start week on merger activity

NEW YORK — Stocks rose modestly Monday as investors tentatively moved back into the market after a fresh round of merger and acquisition activity. There are no major economic reports due out Monday that ... (Source: Post-Crescent 2010-08-23T20:44:36Z)

PotashCorp (NYSE:POT) — Soars 27% on BHP Buyout Offer, so Now What?

08/18/10 Stockholm, Sweden – PotashCorp ( NYSE:POT ), the Canadian integrated fertilizer and feed products company with operations in Saskatchewan and New Brunswick, was just offered a roughly $38 billion cash buyout ... (Source: THE DAILY RECKONING 2010-08-18T12:22:18Z)

Kwame Brown, Michael Jordan reunited again

CHARLOTTE, N.C. (AP) -- Charlotte Bobcats owner Michael Jordan is bringing back what's considered his worst move as a basketball executive: Kwame Brown. The Bobcats on Monday agreed on a one-year deal with Brown for the ... (Source: msnbc.com 2010-08-23T23:43:34Z)

UPDATE: India Yet To Decide On ONGC Counter-Offer For Cairn

NEW DELHI -(Dow Jones)- India is yet to decide whether state-run Oil & Natural Gas Corp. (500312.BY) should make a counter bid to buy a stake in Cairn Energy PLC's (CNE.LN) local unit, Oil Minister Murli Deora ... (Source: Smart Money 2010-08-23T11:33:25Z)

Sheboygan woman, 79, kills snake with ice chopper

A 79-year-old Sheboygan woman who couldn't find any help when a rattlesnake showed up on her patio said it was no big deal taking matters into her own hands. Margaret Street said she used an ice chopper to kill the snake ... (Source: AP - msnbc.com 2010-08-23T19:18:42Z)

ONGC-OIL-GAIL may bid to counter Vedanta's offer for Cairn

NEW DELHI: State-owned ONGC, OIL and GAIL may make a joint bid to counter Vedanta Resources' $8.48 billion offer for majority stake in Cairn India, and have already got $10 billion in loan commitments from ... (Source: Economic Times 2010-08-23T21:56:11Z)

Source: Jets on verge of finalizing $55 million deal with Nick Mangold

The final details, including the exact guaranteed money figure, were still being negotiated. However, no snag is expected and the deal is scheduled to be signed and announced as soon as Tuesday. The deal was ... (Source: YAHOO! 2010-08-24T01:52:25Z)

Nick Mangold, Jets near deal

F LORHAM PARK, N.J. - The anchor of the New York Jets [ team stats ] ' offensive line is about to get a big payday. All-Pro center Nick Mangold and the Jets are close on a contract extension, coach Rex Ryan ... (Source: Boston Herald 2010-08-24T04:08:25Z)

Developed market targeted M&A deals rise 25 per cent in H1; India leads

NEW DELHI: Portraying a strong rebound in their deal-making confidence, emerging markets led by India saw 25 per cent rise in merger and acquisitions deals targeted towards developed markets in the past six ... (Source: Economic Times 2010-08-23T10:00:22Z)

Source: Nick Mangold extension done deal

McManus has the terms at seven years worth a maximum of $55 million and could be finalized Tuesday. Mangold was entering the final year of his rookie contract. Jets coach Rex Ryan called Mangold "the best ... (Source: ESPN.com 2010-08-24T04:01:16Z)

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)

Kyle Parker can still play for Clemson

DENVER -- The Colorado Rockies reached an agreement with Kyle Parker, their top draft pick, that will allow him to quarterback Clemson this fall before he hands off to baseball in the spring. The deal with ... (Source: ESPN.com 2010-08-17T15:58:14Z)

Four decapitated bodies hung from bridge in Mexico

CUERNAVACA, Mexico — The decapitated bodies of four men were hung from a bridge Sunday in this central Mexican city besieged by fighting between two drug lords. A gang led by kingpin Hector Beltran Leyva ... (Source: Abilene Reporter-News 2010-08-24T03:32:38Z)

Earthquake MEXICO 6.1 Mw – OFF COAST OF JALISCO

292 km (181 miles) SW (228 degrees) of Puerto Vallarta, Jalisco, Mexico 293 km (182 miles) W (262 degrees) of Cihuatlán, Jalisco, Mexico 302 km (188 miles) SW (228 degrees) of Ixtapa, Jalisco, Mexico 815 km (507 miles ... (Source: Zimbio 2010-08-24T04:08:25Z)

India Oil Minister: No Decision Yet On ONGC Counter-Offer For Cairn

NEW DELHI -(Dow Jones)- India's Oil Ministry is yet to decide whether state-run Oil & Natural Gas Corp. Ltd. (500312.BY) will place a counter bid to buy a stake in Cairn Energy PLC's ( CRNCY ) Indian unit, Oil ... (Source: FOXBusiness 2010-08-23T08:55:56Z)

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