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, 7:40 am

New deal makes world-record holder Usain Bolt best paid athlete in track and field ...

LONDON (AP) — The fastest man in the world signed the largest track and field contract on Tuesday, with Usain Bolt extending his sponsorship with German apparel company Puma through 2013. The world-record ... (Source: Chicago Tribune 2010-08-24T12:08:01Z)

Pan Pacific Championships: USA Finishes Pan Pacs With A Flourish - Coverage Sponsored ...

LONG BEACH, California, August 22. THROUGHOUT the first four days of the Pan Pacific Swimming Championships, the American team largely dominated the competition in the pool. The results were similar on the last day of ... (Source: SwimInfo 2010-08-23T02:36:33Z)

AIG reduces debt with sale

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: News-Leader.com 2010-08-24T07:57:29Z)

Christine Jennings, Chip Peterson Give U.S. Perfect Pan Pacs Finish

Jennings pulled away from fellow American Eva Fabian over the last 400 meters to touch first in the women's race and Peterson held off compatriot Fran Crippen in a tight finish to claim the men's title. "It's ... (Source: Post Chronicle 2010-08-23T11:19:06Z)

ADAMS' ESTATE SUING OVER SALE OF 'LOST WORKS'

Representatives for ANSEL ADAMS are suing a man who has allegedly been se lling prints he claims were taken by the legendary photographer. Officials at the Ansel Adams Publishing Rights Trust launched the ... (Source: PR Inside 2010-08-24T12:08:01Z)

China Digital TV Announces Unaudited Second Quarter 2010 Results

BEIJING , Aug. 17 /PRNewswire-Asia/ -- China Digital TV Holding Co., Ltd. (NYSE: STV - News ) ("China Digital TV" or the "Company"), the leading provider of conditional access ("CA") systems to China's expanding digital ... (Source: Yahoo Finance 2010-08-17T21:34:40Z)

Summary Box: AWB board favors $1.1B Agrium bid

THE ANNOUNCEMENT: Australian grain producer AWB Ltd. has recommended that its shareholders take a buyout offer from Agrium worth nearly $1.1 billion cash, Agrium said Tuesday. THE MOVE: Agrium, one of the largest ... (Source: AP - msnbc.com 2010-08-24T13:19:36Z)

German E.ON presses Berlin on nuclear power

FRANKFURT (AFP) – German power giant E.ON posted mixed quarterly results on Wednesday and pressed Chancellor Angela Merkel to live up to her promise to extend the life of some of the country's nuclear plants ... (Source: YAHOO! 2010-08-11T08:55:51Z)

HSBC's Interest in Nedbank a Vote of Confidence

Although no formal application has been received by the National Treasury, the offer made by HSBC Holdings to acquire a controlling interest in Nedbank is a vote of confidence in the country's economic ... (Source: TradingMarkets.com 2010-08-24T14:02:33Z)

AIG uses proceeds from debt sale to repay $4 billion in federal loans

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: Buffalo News 2010-08-24T11:32:14Z)

Saudi Arabia Backs Relaunch Of Israel-Palestinian Direct Talks

(RTTNews) - Saudi Arabia, a leading provider of aid to Palestinians, has welcomed proposals to relaunch U.S.-initiated direct talks between Israel and the Palestinians aimed at reaching a peace settlement in an year. The ... (Source: RTT News 2010-08-24T12:15:11Z)

UPDATE:German Bank Restructuring Bill To Be Adopted By Yr-End -Official

BERLIN (Dow Jones)--Germany plans to implement its bank restructuring bill, designed to provide a tool box for handling troubled banks without relying on state bailouts, by the end of the year, a German ... (Source: Wall Street Journal 2010-08-23T12:09:13Z)

Bolt becomes athletics top earner in sponsorship renewal

Berlin - The world's fastest man Usain Bolt is now also the best paid runner as his equipment company Puma announced a contract renewal with the Jamaican superstar until 2013 on Tuesday. Germany-based Puma did ... (Source: Earthtimes 2010-08-24T12:00:52Z)

Ansel Adams trust sues over garage sale negatives

A group representing Ansel Adams sued a Fresno man Monday for selling prints and posters under the name of the famed nature photographer, the latest salvo in a dispute over glass negatives bought at a garage sale and ... (Source: AP - msnbc.com 2010-08-24T11:10:46Z)

HP offers $1.5b for 3Par, topping Dell's offer

SAN FRANCISCO — The world's two biggest personal computer makers are locked in a pricey struggle over which can move away from the PC business the fastest. Hewlett-Packard Co. offered $1.5 billion ... (Source: Boston Globe 2010-08-24T07:21:42Z)

Orient Paper Announces Results of Annual Meeting of Shareholders

Orient Paper, Inc. , a leading manufacturer and distributor of diversified paper products in Hebei, China, today announced the results of the Company's Annual Meeting of Shareholders (the "Annual Meeting"), which was ... (Source: PR-USA.net 2010-08-20T23:54:17Z)

HSBC in talks for $6.8 bln majority stake in Nedbank

Old Mutual said the discussions center on the sale of a 70 percent stake in Nedbank, South Africa's fourth-largest banking group in terms of total assets. Shares in Old Mutual were up 4.9 percent at 126.9 pence in ... (Source: Today's Zaman 2010-08-23T23:07:46Z)

Pan Pacific Swimming Results

IRVINE, California (AP) ― Results Saturday from the Pan-Pacific swimming championships: 10k Open Water — 1, Chip Peterson, United States, 1 hours, 56 minutes, 0.02 seconds. 2, Frances Crippen, United States, 1:56:02 ... (Source: WCCO 2010-08-23T06:25:37Z)

Dell Said to Plan Sweetened 3Par Offer After HP Bid

(Updates with today's trading in sixth paragraph.) Aug. 24 (Bloomberg) -- Dell Inc. is readying a sweetened offer for data-storage provider 3Par Inc. after its earlier bid was bested by a $1.6 billion ... (Source: BusinessWeek 2010-08-24T13:41:05Z)

Israeli says deal possible, difficult

JERUSALEM - Staking out his starting position for new Mideast peace talks, Israel's prime minister demanded Sunday that any future Palestinian state be demilitarized and recognize Israel as the Jewish homeland ... (Source: Philadelphia Daily News 2010-08-24T07:00:13Z)

Agrium, AWB reach $1.1 billion deal for AWB buyout

Agrium says that Australian grain producer AWB is recommending that its shareholders take its offer of nearly $1.1 billion cash. Agrium, one of the largest fertilizer makers in North America, appeared Tuesday to have ... (Source: AP - msnbc.com 2010-08-24T12:00:52Z)

Steelmaker ThyssenKrupp upbeat after strong results

BERLIN (AFP) – The biggest German steel company, ThyssenKrupp, posted better than expected earnings Friday and clarified its full-year outlook on the back of a pick-up in major markets. The group, which also ... (Source: YAHOO! 2010-08-13T08:39:10Z)

Suit Filed To Stop Sale Of Disputed Ansel Adams Photographs

OAKLAND, Calif. -- There was a new twist Monday in the battle to determine whether some glass negatives are really of photos taken by famed nature photographer Ansel Adams. A group representing the late ... (Source: FOX Reno 2010-08-24T06:53:04Z)

HP's $1.5B bid for 3Par tops Dell offer

NEW YORK - Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., offering 33 percent more than what rival Dell Inc. agreed to pay for the company just a week earlier. The tussle for ... (Source: Philadelphia Daily News 2010-08-24T07:00:13Z)

AIG is to trim its debt to Fed

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday that it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The ... (Source: Arkansas Online 2010-08-24T13:12:27Z)

Fertilizer producer Agrium reaches deal to buy Australian grain producer AWB for $1.1 ...

NEW YORK (AP) — Agrium says that Australian grain producer AWB is recommending that its shareholders take its offer of nearly $1.1 billion cash. Agrium, one of the largest fertilizer makers in North America ... (Source: Los Angeles Times 2010-08-24T12:00:52Z)

HSBC in Talks to Buy 70% of Old Mutual's Nedbank as African Trade Expands

If the sale goes through, Old Mutual will use some of the money to boost its business in South Africa, said Julian Roberts. Source: Old Mutual via Bloomberg Old Mutual Plc , the biggest insurer in Africa ... (Source: Bloomberg 2010-08-23T11:40:35Z)

CORRECTION: Pacific Online Limited Announces Interim 2010 Unaudited Financial Results

"We are pleased to announce our first half results," commented Mr. Lam Wai Yan , Chairman and CEO. "Our first half growth was driven primarily by higher spending from both new and existing clients." "Our ... (Source: Earthtimes 2010-08-24T09:59:11Z)

UN nuke watchdog chief to meet Israeli ministers

Ignoring a U.S. warning, Arab nations are urging Washington and other powers to end support of Israel's nuclear secrecy and to push the Jewish state to allow international inspections of its program, diplomats ... (Source: Fresno Bee 2010-08-24T10:06:20Z)

Usain Bolt renews sponsorship contract with Puma

L ONDON — The fastest man in the world signed the largest track and field contract on Tuesday, with Usain Bolt extending his sponsorship with German apparel company Puma through 2013. The world-record holder ... (Source: Boston Herald 2010-08-24T14:16:52Z)

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