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, 7:39 am

Nigerian President Announces Plan to End State Monopoly in Power Industry

Nigerian President Goodluck Jonathan announced a plan to dissolve the state power monopoly and expand electricity generation through private investment. Under the program, the government will sell 11 ... (Source: Bloomberg 2010-08-26T12:48:36Z)

Major operation to move obese Bangkok woman

Authorities in the Thai capital had to build an external lift and demolish two walls on Thursday to take one of the world's heaviest women to hospital after she was unable to get out of her own flat. Umnuayporn ... (Source: MSN UK News 2010-08-26T13:10:05Z)

Restaurants scramble after massive egg recall

From a breakfast cafe in Denver to the Little Italy that is Boston's North End, one ingredient is a staple in every major city and the thousands of diners, bakeries and home kitchens in between: the egg. The ... (Source: Fresno Bee 2010-08-26T05:10:28Z)

NFL : NFL owners vote Stan Kroenke as Rams owner

Owners will gather Wednesday for a meeting during which they may vote on Stan Kroenke's bid to buy the St. Louis Rams. The potential sale of the Rams to Stan Kroenke will lead the talks at the upcoming NFL owners ... (Source: Sporting News 2010-08-25T16:53:10Z)

NFL News: Stan Kroenke Buys St. Louis Rams

The deal requires Kroenke to get rid of his shares of the Denver Nuggets and Avalanche. Kroenke already owned 40% of the Rams but has come to an agreement to buy the remaining 60% from the Rosenbloom family ... (Source: Inside Pulse 2010-08-25T19:52:08Z)

Dell says 3Par accepts its increased $1.52B buyout offer, which tops rival HP's bid

NEW YORK (AP) — Dell Inc. says data storage maker 3Par has accepted its raised buyout bid of $1.52 billion, after the computer maker topped an offer from rival Hewlett-Packard . The offer is $24.30 a share ... (Source: Los Angeles Times 2010-08-26T12:55:46Z)

Target makes a push on electronics

NEW YORK (AP) — Target is known for being cheap and chic. But now the retailer is making a big push to become known as a destination for electronics. Target Corp. says it's adding several services for electronics ... (Source: Omaha World-Herald 2010-08-26T11:08:23Z)

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)

UPDATE: Novartis Seals Alcon Deal, Moves Closer To Full Control

ZURICH -(Dow Jones)- Swiss pharmaceutical company Novartis AG (NOVN.VX) Thursday completed the acquisition of a 77% majority stake in U.S. eye care company Alcon Inc. from food giant Nestle S.A. (NESN.VX), but a dispute ... (Source: NASDAQ 2010-08-26T08:02:16Z)

China: Airport not responsible for crash taht killed 42

August 26, 2010 (YICHUN, China) -- A top aviation official defended the safety of an airport in remote northeast China where a plane crashed while coming in for a night landing -- the country's worst commercial air ... (Source: KABC 2010-08-26T11:01:14Z)

BHP launches $39 billion cash bid for PotashCorp

Miner BHP Billiton formally launched its $39 billion hostile offer for Potash Corp, the world's largest fertilizer company. Details of the offer were the same as when BHP, the world's largest mining group, said on ... (Source: msnbc.com 2010-08-20T12:41:24Z)

Hewlett-Packard makes $1.5B bid for 3Par, topping Dell's 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 ... (Source: Naples Daily News 2010-08-24T00:19:21Z)

Dollar mixed vs major currencies as retail sales post gain but miss economists' expectations

NEW YORK — The dollar was mixed against major currencies Friday as U.S. retail sales posted a gain after two months of declines but missed economists' expectations. The euro, which is used by 16 European ... (Source: Republic 2010-08-13T20:20:41Z)

Umnuayporn Tongprapai, 603-Pound Thai Woman, Leaves Home For First Time In 3 Years ...

(AP) BANGKOK - A 603-pound (274-kilogram) woman believed to be the heaviest in Thailand left her apartment for the first time in three years Thursday with the help of Bangkok city hall and a forklift. Neighbors of 40 ... (Source: Huffingtonpost.com 2010-08-26T13:45:52Z)

603-pound woman leaves home after 3 years

BANGKOK — A 603-pound woman believed to be the heaviest in Thailand left her apartment for the first time in three years Thursday with the help of Bangkok city hall and a forklift. Neighbors of 40-year-old Umnuayporn ... (Source: msnbc.com 2010-08-26T13:02:55Z)

Euro up at $1.2736 after report shows rise in German consumer sentiment

BERLIN (AP) — The euro has gained on the dollar as key indicators showed the German economy, Europe's largest, is sustaining robust growth. The 16-nation currency bought $1.2736 in early Thursday trading, up from the $ ... (Source: WHO-TV 2010-08-26T08:52:23Z)

Target stores targeting electronics market

Target is known for being cheap and chic. But now the retailer is making a big push to be known as a destination for electronics. Target says it's adding several services for electronics shoppers. They include free ... (Source: msnbc.com 2010-08-26T13:45:52Z)

Novartis Seals Alcon Deal; Closer to Full Control

ZURICH -(Dow Jones)- Swiss pharmaceutical company Novartis AG (NOVN.VX) Thursday completed the acquisition of a 77% majority stake in U.S. eye care company Alcon Inc. from food giant Nestle S.A. (NESN.VX), but ... (Source: Smart Money 2010-08-26T10:18:17Z)

Some Alter Buying, Eating Habits Over Egg Recall

From a breakfast cafe in Denver to the Little Italy that is Boston's North End, one ingredient is a staple in every major city and the thousands of diners, bakeries and home kitchens in between: the egg. The omnipresent ... (Source: The Ledger 2010-08-26T09:06:42Z)

Target to offer services for its electronics shoppers

MINNEAPOLIS - Target Corp. is known for being cheap and chic. But now the retailer is making a big push to become known as a destination for electronics. Target said it's adding several services for ... (Source: Lansing State Journal 2010-08-26T08:23:45Z)

Runway Safety in China Plane Crash Questioned

A firefighter searches for victims near a burning Chinese passenger jet after it crashed in Yichun in northeast China's Heilongjiang province Wednesday, Aug. 25, 2010. (AP Photo) YICHUN, China (AP) — A major Chinese ... (Source: Product Design & Development 2010-08-25T18:11:55Z)

NFL finance committee approves sale of St. Louis Rams to Stan Kroenke

ST. LOUIS — The NFL's finance committee has unanimously recommended approval of Missouri billionaire Stan Kroenke's bid to take full control of the St. Louis Rams. League spokesman Greg Aiello told the Associated Press ... (Source: Washington Examiner 2010-08-25T15:12:57Z)

Egg recall has causes some to change buying, eating habits

From a breakfast cafe in Denver to the Little Italy that is Boston's North End, one ingredient is a staple in every major city and the thousands of diners, bakeries and home kitchens in between: the egg. The ... (Source: Star-Democrat 2010-08-26T14:07:21Z)

Euro up against the dollar after German report

The euro has gained on the dollar as key indicators showed the German economy, Europe's largest, is sustaining robust growth. The 16-nation currency bought $1.2736 in early Thursday trading, up from the $1.2657 it ... (Source: AP - msnbc.com 2010-08-26T08:30:54Z)

BHP Billiton (BHP) Goes Hostile In Its Bid for PotashCorp (POT)

BHP Billiton (NYSE: BHP ) is taking its nearly $40 billion takeover offer for PotashCorp (NYSE: POT ) directly to shareholders, after PotashCorp's directors unanimously rejected the overture. Yesterday, PotashCorp's ... (Source: StreetInsider.com 2010-08-18T11:46:30Z)

Safety concerns raised about China plane crash runway

YICHUN, China (AP) — A major Chinese airline had questioned the safety of nighttime flights at the airport in northeastern China where a passenger jet crashed and burned while trying to land at night on a ... (Source: Northwest Herald 2010-08-26T08:09:26Z)

Nigeria Announces Power Grid Sale, Repair, AF

LAGOS, Nigeria (AP) Nigeria has announced a plan to repair and privatize the oil-rich nation's decrepit national power grid. President Goodluck Jonathan and officials unveiled the plan Thursday in Lagos ... (Source: WNCT 2010-08-26T13:02:55Z)

Nigerian electricity workers strike ahead of reform plan

LAGOS (AFP) – Electricity workers in Nigeria on Wednesday launched an indefinite strike over wages, a day ahead of a major speech by President Goodluck Jonathan on reforming the ailing power sector. "We ... (Source: YAHOO! 2010-08-25T18:33:23Z)

Nestle, Novartis Complete Alcon Sale

FRANKFURT -- Food giant Nestle said Thursday it has completed the sale of its remaining shares in eye-care firm Alcon Inc. to Swiss drug maker Novartis for $28.3 billion in cash. Those shares represent around ... (Source: FOXBusiness 2010-08-26T08:16:35Z)

Dell raises bid for 3Par following Hewlett-Packard offer

NEW YORK (MarketWatch) -- Dell Inc. has raised its buyout offer for 3Par Inc. to $24.30 per share in cash, narrowly beating a bid submitted by arch-rival Hewlett Packard Inc. earlier in the week. The latest ... (Source: Marketwatch 2010-08-26T13:24:24Z)

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