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 26, 2010, 3:40 pm

Regulatory agency: 45-minute delay before siren warned community of ammonia leak at ...

THEODORE, ALA. — Federal regulators say they're investigating a lag of about 45 minutes between an ammonia leak at a refrigeration plant and the first siren blasting an official warning to area residents. Millard ... (Source: Washington Examiner 2010-08-25T21:53:49Z)

ArcSight (ARST) Soars On Possible Sale

ArcSight Inc. (NASDAQ: ARST ) has put itself on the auction block as a potential target for companies like Oracle Corp. (NASDAQ: ORCL ) and Hewlett-Packard Co. (NYSE: HPQ ), who could pay up to $1.5 billion for the ... (Source: StreetInsider.com 2010-08-26T21:02:31Z)

Some chickens destroyed due to Ala. ammonia leak

A coastal Alabama company was ordered to destroy some of the frozen chicken at its refrigeration plant after the ammonia leak that sent about 130 people to hospitals, but other meat was safe to eat, government regulators ... (Source: Fremont Tribune 2010-08-26T21:31:09Z)

BHP Doubles Second-Half Profit, Helping to Drive $40 Billion Potash Offer

Aug. 25 (Bloomberg) -- Tim Schroeders, who helps manage about $1.1 billion at Pengana Capital Ltd. in Melbourne, talks about the outlook for BHP Billiton Ltd.'s bid for Potash Corp. of Saskatchewan Inc. BHP ... (Source: Bloomberg 2010-08-25T10:12:18Z)

Casey's Announces Preliminary Results of "Dutch auction" Self Tender Offer

Casey's General Stores, Inc. ("Casey's" or the "Company") (NASDAQ: CASY) today announced the preliminary results of its modified "Dutch auction" self tender offer (the "Offer"), which expired on ... (Source: PR Inside 2010-08-26T12:27:08Z)

Casey's $500 Mln Share Buyback Offer Gets Strong Response - Update

(RTTNews) - Convenience store operator Casey's General Stores Inc. (CASY: News ) Thursday revealed an overwhelming response for its "Dutch auction" self-tender offer that expired yesterday. Based on a preliminary count ... (Source: RTT News 2010-08-26T15:11:46Z)

Sony Working On 3-D TVs Without Glasses

TOKYO (AP) -- Sony Corp. is working on 3-D televisions that don't need special glasses, joining a race with rival Toshiba Corp., but sees cost and technological hurdles to overcome before they can go on sale. Toshiba ... (Source: Industrial Distribution 2010-08-26T14:07:21Z)

Berkshire offers to buy rest of Wesco Financial

SAN FRANCISCO (MarketWatch) -- Berkshire Hathaway Inc. said Thursday that it wants to buy the 19.9% of Wesco Financial Corp. that it doesn't already own. Chairman Warren Buffett is offering to pay a price equal to Wesco ... (Source: MENAFN 2010-08-26T21:09:41Z)

LONG ISLAND PRESS RELEASES

Massapequa Water District Demands Action from the Federal Environmental Protection Agency for the Cleanup of Groundwater Contamination that Threatens the Massapequa Water District Public Supply Wells ... (Source: Long Island Exchange 2010-08-26T21:52:38Z)

USDA: Some meat destroyed after Alabama ammonia leak, some safe for sale

THEODORE, Ala. (AP) — Government regulators have ordered a coastal Alabama refrigeration company to destroy some of the frozen chicken that was at its plant during an ammonia leak, but they say other meat from the ... (Source: WHNT-TV 2010-08-26T19:29:28Z)

Price Guidance On Georgia Power $500 Million 30-Year Bonds Treasurys +125-130 ...

NEW YORK -(Dow Jones)- Price talk on Georgia Power Co.'s$500 million, 30-year bonds is 125-130 basis points over comparable U.S. Treasurys, according to a person familiar with the sale. Barclays Capital, Morgan Stanley ... (Source: NASDAQ 2010-08-26T16:01:53Z)

How the Dow Jones industrials and other major stock indexes fared in Thursday's ...

Stocks fell Thursday after early gains from a better report on jobless claims faded. The Dow Jones industrial average closed below 10,000 for the first time since early July. The Dow lost 74 points, having ... (Source: Chicago Tribune 2010-08-26T21:09:41Z)

Pemex to Offer 1st Gulf Contracts After BP Oil Spill

(Updates to add comment from Pemex executive in seventh paragraph, revised August output in last paragraph.) Aug. 20 (Bloomberg) -- Petroleos Mexicanos, Latin America's largest oil producer, expects to hire ... (Source: BusinessWeek 2010-08-20T16:01:50Z)

Buffett's company offers to buy rest of Wesco unit

OMAHA, Neb. — Warren Buffett's company said Thursday it will offer to buy the roughly 1.4 million shares it doesn't already own of its subsidiary Wesco Financial Corp., and the news sent Wesco's stock soaring 12 ... (Source: WRAL 2010-08-26T21:24:00Z)

Georgia Power $500 Million Bonds Launch At Treasurys +125 BPs Source

NEW YORK -(Dow Jones)- Georgia Power Co.'s$500 million, 30-year bond sale launched at 125 basis points over comparable U.S. Treasurys, according to a person familiar with the sale. Barclays Capital, Morgan Stanley ... (Source: NASDAQ 2010-08-26T16:51:59Z)

Berkshire Hathaway offers to buy 19.9 pct of stock in Wesco Financial it doesn't ...

OMAHA, Neb. (AP) — Warren Buffett 's company is offering to buy all the shares it doesn't already own of its subsidiary Wesco Financial. Berkshire Hathaway Inc. says it will offer a combination of cash and ... (Source: Chicago Tribune 2010-08-26T17:13:28Z)

Sony working on 3-D TVs that don't need glasses

Sony Corp. is working on 3-D televisions that don't need special glasses, joining a race with rival Toshiba Corp., but sees cost and technological hurdles to overcome before they can go on sale. Toshiba said earlier this ... (Source: AP - msnbc.com 2010-08-26T13:10:05Z)

Canadian police arrest couple on terrorism related charges; offer no details

TORONTO — Police arrested two Ottawa residents on terror-related charges Wednesday and expected to arrest more, a Canadian government official said. Police descended on a west-end home in Canada's national capital of ... (Source: Washington Examiner 2010-08-26T15:11:46Z)

Kin offer $30K reward for return of stolen remains

(AP) — A $30,000 reward is being offered for information leading to the return of a woman's remains stolen this week from a Long Island cemetery. Suffolk County police say someone vandalized three mausoleums at St ... (Source: Newsday 2010-08-26T15:54:43Z)

UPDATE 1-Cybersecurity firm ArcSight for sale-WSJ

SEATTLE Aug 26 (Reuters) - Cybersecurity firm ArcSight Inc ( ARST.O ) has put itself up for sale and could be bought by a technology giant such as Oracle Corp ( ORCL.O ), Hewlett-Packard Co ( HPQ.N ) or IBM ... (Source: Reuters 2010-08-26T20:41:03Z)

BP p.l.c. Company Profile

BP is also BO (Big Oil). It is the world's third-largest integrated oil concern, behind Exxon Mobil and Royal Dutch Shell. BP explores for oil and gas in 30 countries and has proved reserves of 18.3 billion barrels of ... (Source: YAHOO! 2010-08-24T07:07:23Z)

Casey's Sees Strong Response To $500M Stock-Buyback Offer

Casey's General Stores Inc. (CASY) reported a strong response to its $500 million stock-buyback effort, with the amount of stock tendered outstripping the maximum set by the convenience-store chain. The Dutch ... (Source: Wall Street Journal 2010-08-26T12:34:17Z)

2 terror suspects appear in court in Canada

Police descended on a home in Canada 's national capital of Ottawa early Wednesday. The Royal Canadian Mounted Police said in a press release they were executing search warrants in connection with the case ... (Source: Washington Times 2010-08-26T18:32:12Z)

Potash Corp acquisition will not be "at any cost" - Kloppers

MELBOURNE/LONDON (Reuters) - BHP Billiton, the world's biggest miner, tried to dampen expectations it would substantially raise its hostile $39 billion (25.3 billion pound) bid for Potash Corp as bumper results showed it ... (Source: Mineweb 2010-08-26T06:29:13Z)

BHP says it won't buy Potash "at any cost"

By Sonali Paul and Eric Onstad MELBOURNE/LONDON (Reuters) - BHP Billiton, tried to damp expectations it would sweeten its hostile $39 billion offer for Potash Corp even as the world's biggest miner showed it had the ... (Source: msnbc.com 2010-08-25T20:49:24Z)

Sony working on 3-D televisions that don't need glasses

TOKYO — Sony Corp. is working on 3-D televisions that don't need special glasses, joining a race with rival Toshiba Corp., but sees cost and technological hurdles to overcome before they can go on sale ... (Source: Pioneer Press 2010-08-26T04:56:09Z)

Family Offers $30,000 for Return of Grave-Snatched Grandma

Bizarrely, grave-robbers have stolen the body of Mattia Filippazzo, a Long Island grandma, from the mausoleum where she was interred with her husband at St. Charles Cemetery in East Farmingdale, New York. Why? The ... (Source: Village Voice (blog) 2010-08-26T18:32:12Z)

Police say Ottawa suspects planned bomb attacks

Ottawa. Three men arrested in Canada on terror-related charges -- one of whom was reported to have once auditioned for the "Canadian Idol" TV show -- were plotting bomb attacks and had connections to a group fighting ... (Source: Focus Infomation 2010-08-26T21:59:47Z)

Oil Would Be Fairly Valued at $60: Oppenheimer's Fadel Gheit

Disclosures: Neither Gammel nor his family own shares of Chevron, Conocophillips or Exxon Mobil. None of these companies are his investment banking clients. Either Gheit or his family owns shares in BP and ... (Source: CNBC 2010-08-24T09:44:52Z)

Cybersecurity firm ArcSight for sale-WSJ

SEATTLE, Aug 26 (Reuters) - Cybersecurity firm ArcSight Inc has put itself up for sale and could be bought by a technology giant such as Oracle Corp, Hewlett-Packard Co or IBM, The Wall Street Journal reported on ... (Source: The Guardian 2010-08-26T20:48:12Z)

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