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 24, 2010, 6:39 am

MARKET SNAPSHOT: U.S. Stocks Struggle As Economy Fears Trump M&A

Renewed worries over a global economic slowdown weighed on the market Monday, clipping U.S. stock indexes' attempts at gains amid waning euphoria over deal activity. Flitting between small gains and losses, the Dow Jones ... (Source: NASDAQ 2010-08-24T12:22:20Z)

National League Game Summary - Chicago at Washington

Washington, DC (Sports Network) - Blake DeWitt went 3-for-5 with a home run and two RBI, and Casey Coleman picked up his first major league win in Mike Quade's debut as interim manager for the Cubs, as Chicago ... (Source: WXIA 11 Alive 2010-08-24T02:42:31Z)

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)

Dollar rises on global slowdown fears

NEW YORK (Reuters) - The U.S. dollar rose against major currencies on Friday as heightened worries about the global economy and sharp losses in stock prices sent investors to the greenback for safety. The euro ... (Source: Reuters 2010-08-18T23:56:39Z)

Cubs make Mike Quade a winner in his debut as interim manager

WASHINGTON — Mike Quade got his first major league victory, and so did Casey Coleman. The post-Piniella Chicago Cubs are off to quite a start. Coleman, a rookie right-hander, took a one-hitter into the ... (Source: Pioneer Press 2010-08-24T04:58:32Z)

UPDATE 1-SM Energy to raise $300-$500 mln via divestitures

Aug 23 (Reuters) - Oil and gas company SM Energy Co ( SM.N ) plans to raise at least $300-$500 million over the next 12 months via joint venture agreements and sale of assets, including its Marcellus shale ... (Source: Reuters 2010-08-24T10:56:27Z)

Just how did Giants acquire Cody Ross from the Florida Marlins for virtually nothing?

For good reason, some Marlins Get your Marlins Tickets now! fans are confused as to how the San Francisco Giants ended up with Cody Ross without having to send back any players in return. Major League Baseball 's waiver ... (Source: Fort Lauderdale Sun-Sentinel 2010-08-23T16:41:14Z)

Homes not a path to riches

"People shouldn't look at a home as a way to make money because it won't," said Dean Baker, co-director of the Center for Economic and Policy Research in Washington, D.C. Southwest Florida became the poster ... (Source: News-Press 2010-08-24T05:12:51Z)

China May Reduce Number Of Crimes Punishable By Death

(RTTNews) - China's Standing Committee of the National People's Congress (NPC) began debating on a draft amendment to the criminal law on executions for reducing the number of crimes attracting death penalty, state-run ... (Source: RTT News 2010-08-24T07:36:01Z)

How the Dow Jones industrials and other major stock indexes fared in Monday's trading

Stocks slumped to a weak finish Monday as lingering worries about the economy overcame optimism from a fresh round of corporate dealmaking. Stocks had an early lift after Hewlett-Packard outbid Dell for a data storage ... (Source: San Francisco Examiner 2010-08-23T20:44:36Z)

Major League Baseball Standings

Kansas City (Davies 6-7) at Detroit (Porcello 5-11), 6:05 p.m. Oakland (G.Gonzalez 10-8) at Cleveland (Carmona 11-11), 6:05 p.m. N.Y. Yankees (Moseley 3-2) at Toronto (Rzepczynski 1-1), 6:07 p.m. Seattle (Pauley 2-4) at ... (Source: Aberdeen News 2010-08-24T08:11:48Z)

Tuesday's Sports Scoreboard

Kansas City vs Detroit, 7:05 p.m. Oakland vs Cleveland, 7:05 p.m. N.Y. Yankees vs Toronto, 7:07 p.m. Seattle vs Boston, 7:10 p.m. Minnesota vs Texas, 8:05 p.m. Baltimore vs Chicago White Sox, 8:10 p.m. Tampa Bay vs L.A ... (Source: San Jose Mercury News 2010-08-24T13:12:27Z)

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)

Hot off wire: Private equity firm buys LANDesk; Gym chain checks IDs with bio ...

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: Local Tech Wire 2010-08-24T09:37:42Z)

SM Energy plans deals to raise $300 million to $500 million.

SM Energy Co. announced Monday that it plans to raise $300 million to $500 million through divestitures of nonstrategic assets and/or joint-venture agreements over the next 12 months. Denver-based SM may sell ... (Source: Denver Post 2010-08-24T06:53:04Z)

How the Dow Jones industrials and other major stock indexes fared in Friday's trading

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 disappointing news that growth in the ... (Source: Washington Examiner 2010-08-20T22:21:13Z)

UPDATE: China, South Africa Sign Deals To Deepen Ties In Resources, Energy

BEIJING (Dow Jones)--China and South Africa on Tuesday signed a raft of commercial deals in mining, finance, nuclear energy and other sectors during a visit by South African President Jacob Zuma, as Beijing ... (Source: Wall Street Journal 2010-08-24T11:46:33Z)

SM Energy looks to sell Marcellus stake

Oil and gas company SM Energy plans to raise at least $300 million to $500 million over the next 12 months via joint venture agreements and sale of assets, including its Marcellus shale positions. The company, formerly ... (Source: Upstream Online 2010-08-23T23:29:15Z)

A change in home values

Housing will eventually recover from its great swoon. But many real estate experts now believe that home ownership will never again yield rewards like those enjoyed in the second half of the 20th century, when ... (Source: Boston Globe 2010-08-24T08:26:07Z)

Zuma seeks investment amid strikes

South African President Jacob Zuma is in China to sign some key free trade deals. But back home, his country's workers are on strike. Reporter Gretchen Wilson talks the details with Steve Chiotakis. South ... (Source: Marketplace.publicradio.org 2010-08-24T12:00:52Z)

Sources say Giants made claim for Florida Marlins' Cody Ross

The San Francisco Giants have won a waiver claim for Cody Ross, according to two major-league sources, but it remains to be seen whether the Marlins outfielder leaves or stays. It is believed that the Giants ... (Source: Miami Herald 2010-08-21T04:54:56Z)

Cubs' interim manager gets first major-league win

Chicago Cubs interim manager Mike Quade, stepping in after Lou Piniella retired Sunday, got his 1st major league win Monday, and so did Casey Coleman, a rookie righthander who took a 1-hitter into the 7th ... (Source: St. Louis Post-Dispatch 2010-08-24T04:58:32Z)

China goes in for major legal reforms

Beijing, 23 Aug: China is planning to bring in major legal reforms that if adopted will forbid lawmakers from indulging in business, remove economic offences from the purview of death penalty and reform the labour law to ... (Source: Statesman 2010-08-24T06:53:04Z)

China may drop death penalty for economic crimes

BEIJING (AP) -- China, which executes more people each year than any other country, said Monday it is considering dropping capital punishment for economic crimes. A draft amendment to the country's criminal ... (Source: Associated Press 2010-08-24T11:39:24Z)

South Africa, China Companies Agree On Banking, Energy Deals

BEIJING -(Dow Jones)- South African and Chinese companies are signing a range of deals Tuesday covering sectors including energy, banking and railways, according to a statement from a South African government ... (Source: FOXBusiness 2010-08-24T05:55:48Z)

A roof instead of a retirement plan? THE ROLE OF A HOUSE: Experts see a major shift ...

Housing will eventually recover from its great swoon. But many real estate experts now believe that home ownership will never again yield rewards like those enjoyed in the second half of the 20th century, when houses not ... (Source: Herald Tribune 2010-08-24T06:10:07Z)

Tuesday's Time Schedule

Kansas City at Detroit, 7:05 p.m. Oakland at Cleveland, 7:05 p.m. N.Y. Yankees at Toronto, 7:07 p.m. Seattle at Boston, 7:10 p.m. Minnesota at Texas, 8:05 p.m. Baltimore at Chicago White Sox, 8:10 p.m. Tampa Bay at L.A ... (Source: Newsday 2010-08-24T12:43:49Z)

FOREX-US dollar hits 15-year low versus yen

NEW YORK (Reuters) - The dollar rose Wednesday and was headed for its best day in nearly two years against a basket of major currencies as a gloomy U.S. outlook and weak Chinese data suggested the world ... (Source: FOXBusiness 2010-08-11T20:08:44Z)

FOREX-Yen hits 15-yr high vs dlr as Japan ponders move

LONDON, Aug 24 (Reuters) - The yen struck a 15-year high against the dollar and a nine-year peak against the euro on Tuesday as investors and speculators tested the resolve of Japanese authorities to stem the ... (Source: FOXBusiness 2010-08-24T12:00:52Z)

Ex-Roberson standout Maybin returns to Marlins

ASHEVILLE — Cameron Maybin is back in the majors. The former Roberson High player is being recalled by the Florida Marlins after the Marlins placed center fielder Cody Ross on waivers and he was claimed by the San ... (Source: Asheville Citizen-Times 2010-08-24T01:38:06Z)

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