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, 8:41 pm

Dell is expected to raise 3Par offer

NEW YORK — Dell Inc. is readying a sweetened offer for data-storage provider 3Par Inc. after its earlier bid was bested by a $1.6 billion proposal by Hewlett-Packard Co. , according to a person familiar with ... (Source: Boston Globe 2010-08-25T03:17:08Z)

Burned-Out Swiss Bankers Get Counseling From Cost-Wary Insurers

Aug. 25 (Bloomberg) -- Stressed-out bankers are prompting Swiss insurers to offer psychological counseling and health assessments to cap rising claims from burnout. Zurich Financial Services AG started ... (Source: San Francisco Gate 2010-08-24T22:52:16Z)

Ansel Adams Trust Sues to Stop Sale of Garage Sale Images

The Ansel Adams Publishing Trust, which owns the copyright to Ansel Adams' work and his trademark, has filed suit to stop Rick Norsigian and his lawyer from selling prints made from negatives that Norsigian ... (Source: Photo District News 2010-08-24T15:14:08Z)

R.I. attorney general challenges wind farm deal

PROVIDENCE, R.I.— Rhode Island's Attorney General Patrick Lynch has joined an environmental group and others challenging a power purchase agreement for a proposed wind farm off the coast of Block Island. The ... (Source: Boston Globe 2010-08-23T22:53:27Z)

Giants beat Reds to open key 3-game series

SAN FRANCISCO -- Matt Cain ended a three-start winless stretch after being staked to an early cushion, Andres Torres hit a two-run homer Monday and the San Francisco Giants beat the Cincinnati Reds 11-2 ... (Source: Coshocton Tribune 2010-08-25T01:44:04Z)

Rhode Island panel OKs wind power agreement

WARWICK, R.I. -- The Rhode Island Public Utilities Commission on Wednesday approved a power-purchase agreement for a proposed wind farm off the coast of Block Island, ruling over the objection of critics who ... (Source: Delaware Online 2010-08-12T07:50:15Z)

Xerox Wins Approval of $69 Million Settlement of Lawsuit Over ACS Buyout

ACS investors sued in Delaware Chancery Court and in state court in Texas alleging directors of the student-loan processing company wrongfully agreed to allow ex-Chairman Darwin Deason to collect more than $1 ... (Source: Bloomberg 2010-08-24T21:12:03Z)

Tuesday's Stocks to Watch -- Rio Tinto, BHP Billiton, Trina Solar and Bank of America

The Bedford Report provides investors in-depth analysis on market movers such as Rio Tinto PLC (NYSE: RTP), BHP Billiton Ltd. (NYSE: BHP), Trina Solar Ltd. (NYSE: TSL) and Bank of America Corporation (NYSE: BAC). Sign up ... (Source: msnbc.com 2010-08-24T13:26:46Z)

Townhall News HP enters merger talks with 3PAR

NEW YORK/SAN FRANCISCO (Reuters) - 3PAR Inc said on Tuesday it will start merger talks with Hewlett-Packard Co after HP's $1.6 billion offer for the data storage company trumped a bid by its smaller rival Dell ... (Source: Town Hall 2010-08-25T03:09:58Z)

Ansel Adams trust sues over garage sale negatives

A group representing Ansel Adams sued a California man 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 2010-08-24T16:40:02Z)

Reds manager Dusty Baker will take his time, weigh options while considering ...

SAN FRANCISCO – Dusty Baker is prepared to take his time weighing an offer to manage the Cincinnati Reds again next season. The Reds have offered Baker a one-year contract extension for the 2011 campaign ... (Source: FOX News 2010-08-24T01:02:18Z)

AIG to repay $4 billion in federal bailout funds

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: Tacoma News Tribune 2010-08-24T16:47:12Z)

Expected Upside for Trina Solar

All of the action in Trina Solar (NYSE: TSL) off of the July high at 22.45 through today's trading has the right look of a mature (read: nearly complete) bullish coil pattern, which if accurate means that the ... (Source: FXStreet.com 2010-08-24T04:15:35Z)

BHP Billiton Makes Hostile Bid for PotashCorp – Why Investing In Potash Companies Could Be ...

This morning the Board of Directors of Canadian company PotashCorp ( POT ) announced that they had rejected an unsolicited offer from giant Australian company BHP Billiton. I'm not a shareholder of ... (Source: GuruFocus 2010-08-16T23:59:01Z)

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)

USOC says scheduling conflicts keep some top American athletes from Youth Olympics

SINGAPORE - The head of the U.S. Olympic Committee on Tuesday blamed scheduling conflicts for the Americans' woeful performance in the inaugural Youth Olympics, where their gold medal tally is less than ... (Source: Minneapolis Star Tribune 2010-08-25T00:32:29Z)

PotashCorp to review BHP hostile takeover bid

Canadian fertilizer producer PotashCorp says its board of directors will review formal documents filed by BHP Billiton related to its $38.6 billion cash takeover offer, and make a recommendation to its shareholders. The ... (Source: AP - msnbc.com 2010-08-20T13:52:59Z)

Burned-Out Swiss Bankers Get Stress Therapy From Cost-Wary Health Insurers

Stressed-out bankers are prompting Swiss insurers to offer psychological counseling and health assessments to cap rising claims from burnout. Zurich Financial Services AG started extending 30 percent discounts ... (Source: Bloomberg 2010-08-25T03:09:58Z)

GoSolarUSA Capitalizing on Aspects of New Solar Furnace Technology Deal

NEW ORLEANS--(BUSINESS WIRE)-- GoSolarUSA Inc. (Pink Sheets: GSLO ) disclosed today that the Company has decided to pursue a schedule that should position their newly acquired " Solar Forced Air Furnace " technology ... (Source: StreetInsider.com 2010-08-10T13:07:35Z)

AIG repaying nearly $4 billion in U.S. loans

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it was paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The insurer's ... (Source: Philadelphia Daily News 2010-08-24T19:03:12Z)

Neomagic Corporation Announces Addition Of Two New Independent Directors

PRLog (Press Release) – Aug 24, 2010 – San Jose, California - August 23, 2010-- NeoMagic Corporation (Pink Sheets: NMGC), a pioneer in developing mobile multimedia, today announced the addition of two new ... (Source: PRLog (free press release) 2010-08-24T22:23:38Z)

USOC study says keeping HQs in town retains 722 jobs with combined $55 million ...

COLORADO SPRINGS, COLO. — The U.S. Olympic Committee says keeping its headquarters in Colorado Springs will save jobs and money. According to a study being completed for the federation, 722 jobs will stay in the city ... (Source: San Francisco Examiner 2010-08-24T21:40:41Z)

Bidding War Develops For 3Par (PAR) After HP's $1.5 Billion Offer

Hewlett-Packard Co. (NYSE: HPQ ) said Monday that it has offered a $1.5 billion bid for 3Par Inc. (NYSE: PAR ), a week after rival Dell Inc (NASDAQ: DELL ) had agreed to acquire the data storage provider for $1.13 ... (Source: StreetInsider.com 2010-08-23T13:13:38Z)

USOC optimistic on financing deal with IOC

SINGAPORE -- The head of the U.S. Olympic Committee says he's optimistic he can reach an agreement with the IOC about financing future games. USOC chief executive Scott Blackmun says in an interview that ... (Source: ESPN.com 2010-08-24T00:33:40Z)

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)

Swiss Stocks Advance; UBS Rallies as Holcim Shares Drop in Zurich Trading

Switzerland's benchmark Swiss Market Index increased, following its steepest weekly retreat in more than a month. UBS AG advanced. Holcim Ltd. led declining shares after Citigroup Inc. reduced its price ... (Source: Bloomberg 2010-08-23T08:48:47Z)

Reds offer manager Dusty Baker contract extension

Baker confirmed to reporters that he received the offer but didn't provide specifics. "We just got the proposal a few days ago," Baker said. "We're still evaluating it." He said he'll take some time before ... (Source: YAHOO! 2010-08-19T07:13:18Z)

AIG to repay Fed $4 billion in taxpayer assistance

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: Pittsburgh Tribune-Review 2010-08-25T01:58:23Z)

RI public utilities panel approves agreement for wind farm proposed off Block Island coast

WARWICK, R.I. (AP) — The Rhode Island Public Utilities Commission on Wednesday approved a power purchase agreement for a proposed wind farm off the coast of Block Island, ruling over the objection of critics ... (Source: Chicago Tribune 2010-08-11T21:13:09Z)

Ansel Adams trust sues collector who says he has negatives

A group representing Ansel Adams is suing to stop a Fresno man from selling prints and posters made from garage-sale negatives that the man says are the work of the famed photographer. The Ansel Adams ... (Source: McClatchy 2010-08-24T22:59:26Z)

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