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, 6:40 pm

Showdown at Jackson Hole: Is Bernanke Out of Bullets?

The Dow's plunge below 10,000 Thursday means all eyes will be on Fed Chairman Ben Bernanke's much-anticipated address Friday to the world's central bankers at Jackson Hole, Wyo. Analysts say Bernanke may ... (Source: NewsMax.com 2010-08-27T01:13:04Z)

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)

Iowa Hawkeyes aren't expecting running back Brandon Wegher to return

IOWA CITY, Iowa - Iowa isn't expecting running back Brandon Wegher to return any time soon. Wegher, who rushed for 641 yards and eight touchdowns last season, left the team after two days of fall camp to deal ... (Source: AZCentral.com 2010-08-26T22:42:44Z)

Target to offer services for its electronics shoppers

Target said it's adding several services for electronics shoppers, including free telephone technical support for purchases, an electronics recycling program that offers store gift cards and expanded wireless ... (Source: Lansing State Journal 2010-08-26T08:23:45Z)

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)

Washington Nationals, top pick Bryce Harper hit deadline day

WASHINGTON (AP) — The Washington Nationals and No. 1 overall draft pick Bryce Harper were heading toward a deadline to get a deal done Monday. Major League Baseball clubs had until midnight EDT as Monday ... (Source: The Oakland Press 2010-08-17T04:09:34Z)

Asian Shares Fall; Markets Nervous Ahead Of Fed Chief's Comments

SINGAPORE (Dow Jones)--Asian stock markets were lower Friday as concerns about the global economic recovery kept buyers at bay, while Tokyo stocks continued to struggle against a strong yen. Markets were wary ... (Source: Wall Street Journal 2010-08-27T01:05:54Z)

Intel Nears Deal To Buy Infineon's Wireless Business: Bloomberg (INTC,AAPL)

Aug 26, 2010 (SmarTrend News Watch via COMTEX) -- 8/26/2010-Intel Corp. (NASDAQ:INTC), the world's largest chipmaker, is nearing a deal to acquire Infineon Technologies AG's wireless business, according to ... (Source: TMCnet 2010-08-26T20:33:53Z)

Tech Ticker: Intel, Infineon unit deal?

Infineon unit deal? Intel, the world's largest chipmaker, is close to an agreement to buy Infineon Technologies's wireless business, three people with direct knowledge of the discussions said. An announcement ... (Source: San Jose Mercury News 2010-08-26T21:24:00Z)

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 ... (Source: Bradenton Herald 2010-08-26T18:17:53Z)

Hawkeyes aren't expecting Wegher back

Iowa isn't expecting running back Brandon Wegher to return any time soon. Wegher, who rushed for 641 yards and eight touchdowns last season, left the team after two days of fall camp to deal with undisclosed personal ... (Source: Salon 2010-08-26T22:14:06Z)

Cards shipwrecked

PITTSBURGH (AP) — The St. Louis Cardinals have seven more games remaining on this road trip, all against losing-record teams. Uh-oh. Daniel McCutchen pitched six shutout innings for his third victory as a ... (Source: Columbia Daily Tribune 2010-08-26T23:47:10Z)

Pirates deal Cards another defeat

PITTSBURGH - The spoiler role was enough the last couple of nights for the Pirates, when they turned in two of their most complete games this season. Fill-in starter Daniel McCutchen pitched six scoreless innings and ... (Source: Herald-Star 2010-08-26T12:34:17Z)

Buffett's company offers to buy rest of Wesco unit

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 Class B Berkshire stock to acquire ... (Source: AP - msnbc.com 2010-08-26T17:06:18Z)

Dollar Thrifty investors try to stop takeover vote

If Dollar Thrifty accepts Avis's offer, it could have to pay Hertz as much as $49.6 million for terminating the deal, according to court filings. That includes a so-called breakup fee of $44.6 million and as much as $5 ... (Source: Huffingtonpost.com 2010-08-26T20:48:12Z)

Emulex Promotes COO Benck to President

Costa Mesa's Emulex Corp., a maker of electronics that speed up the flow of data on corporate storage networks, promoted its operations chief to the No. 2 spot. Emulex said on Thursday it bumped up Jeff ... (Source: Orange County Business Journal 2010-08-26T16:37:40Z)

Bryce Harper Joins Washington Nationals: Now What?

So Bryce Harper signed a major league deal with the Washington Nationals worth $9.9 million last night before the midnight deadline. Awesome. But what does it mean? To start with, it means he had to be placed on the 40 ... (Source: Bleacherreport.com 2010-08-17T22:24:47Z)

Judge weighs Hertz merger with Dollar Thrifty

WILMINGTON, Del. -- Attorneys representing shareholders of Dollar Thrifty Automotive Group asked a Delaware judge on Wednesday to delay a vote on the rental car company's proposed $1.2 billion acquisition by ... (Source: Forbes 2010-08-25T20:42:14Z)

Judge eyes vote on Dollar Thrifty-Hertz deal

A shareholder vote planned for Sept. 16 on Hertz Global Holdings Inc.'s $1.27 billion bid for Dollar Thrifty Automotive Group could be stopped by a Delaware Chancery Court judge. Meanwhile, a source close to ... (Source: Tulsa World 2010-08-26T01:07:05Z)

Visteon forms JV with Russian company

Auto parts supplier Visteon Corp. said Thursday that it has formed a joint venture with a Russian company, Avtopribor, to provide vehicle cockpit electronics to the Russian auto market. The venture, called OOO ... (Source: San Luis Obispo Tribune 2010-08-26T21:52:38Z)

Emulex Completes ServerEngines Buy

Costa Mesa-based Emulex said Wednesday afternoon that it has completed its acquisition of ServerEngines , a developer of 10Gb/s Ethernet products. The deal was worth $78M in cash, plus eight million shares of Emulex ... (Source: socalTech.com 2010-08-24T23:56:42Z)

Target Boosts Electronics Offerings with Service

Retailer Target is mounting some competition for electronics retailer Best Buy, adding new services for electronics shoppers, including telephone tech support. Target started quietly testing a toll-free number, 877 ... (Source: NewsFactor Network 2010-08-26T17:34:56Z)

When Will Wegher Return To Hawkeyes?

IOWA CITY, Iowa -- Iowa isn't expecting running back Brandon Wegher to return any time soon. Wegher, who rushed for 641 yards and eight touchdowns last season, left the team after two days of fall camp to deal with ... (Source: KCCI.com 2010-08-26T22:28:25Z)

Bryce Harper Signs With Washington Nationals In A Record Deal

Nationals fans can finally feel relieved. Bryce Harper, the 17-year-old baseball prodigy, has agreed to terms with the Washington Nationals. Harper, who was the first overall pick in June, agreed to a contract ... (Source: Gather.com 2010-08-17T13:27:55Z)

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

ANKENY, Iowa--(BUSINESS WIRE)--Casey's General Stores, Inc. ("Casey's" or the "Company") (NASDAQ: CASY - News ) today announced the preliminary results of its modified "Dutch auction" self tender offer ... (Source: Yahoo Finance 2010-08-26T11:58:30Z)

US Fed Total Discount Window Borrowings Wed $56.38 Billion

WASHINGTON -(Dow Jones)- The Federal Reserve's balance sheet shrunk in latest week as gains in the U.S. central bank's Treasury holdings were again offset by declines in its mortgage-backed securities portfolio. The Fed ... (Source: NASDAQ 2010-08-26T20:55:22Z)

Intel Closing in on Deal with Infineon, Reports Say

Computerworld — Reports are surfacing that Intel is close to finalizing an agreement to buy the wireless unit of Neubiberg, Germany-based Infineon Technologies. The companies could announce a deal as soon as ... (Source: CIO 2010-08-26T20:33:53Z)

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: Los Angeles Times 2010-08-26T17:13:28Z)

Emulex acquires ServerEngines

Emulex Corp. said Wednesday that it has completed its acquisition of ServerEngines Corp., a privately held, semiconductor company in Sunnyvale, Calif. The company said the deal included the payment of $78 million in cash ... (Source: AP - msnbc.com 2010-08-25T23:41:12Z)

Cards lose to lowly Pirates

PITTSBURGH – The St. Louis Cardinals have seven more games remaining on this road trip, all against losing-record teams. Uh oh. Daniel McCutchen pitched six shutout innings for his third victory as a major league ... (Source: Fort Wayne Journal Gazette 2010-08-26T14:43:08Z)

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