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, 8:41 pm

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)

HP Ups Offer for 3Par

Hewlett-Packard Co. said Thursday it is raising its offer for data-storage maker 3Par Inc. to about $1.69 billion, topping a bid from rival Dell Inc. just hours after it was made public. HP's new offer is for $27 per ... (Source: The Ledger 2010-08-27T03:21:55Z)

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)

Blagojevich retrial hearing might deal with dates, defense team

(AP) — A little more than a week after former Illinois Gov. Rod Blagojevich's monthslong federal corruption trial ended with jurors deadlocked on all but one charge, the first steps are being taken toward doing it all ... (Source: Crain's Chicago Business 2010-08-26T14:43:08Z)

Top settlement is offered to 2008 rail-crash victims

LOS ANGELES - Metrolink, a Southern California commuter-rail system, and its former contractor on Wednesday offered to pay $200 million to victims of a 2008 train crash, a plan that could make it one of the ... (Source: AZCentral.com 2010-08-26T07:12:10Z)

Beebe: Keet school ideas would put Ark. in court

Arkansas Gov. Mike Beebe says Republican challenger Jim Keet is backing education proposals that would land the state back in court over school funding issues. Beebe on Wednesday said that taxpayer-funded vouchers for ... (Source: KTBS 2010-08-27T02:31:48Z)

Metrolink to offer $200-million settlement to victims of deadly Chatsworth rail ...

Metrolink and its former commuter train operating contractor will offer $200 million to victims and survivors of the 2008 Chatsworth rail disaster under a plan expected to be filed in federal court as early as Wednesday ... (Source: Los Angeles Times 2010-08-26T00:31:18Z)

Update: HP raises 3PAR offer to $27 per share, outbids Dell again

Hewlett-Packard has raised its offer for 3PAR to $27 per share, outbidding Dell once more as the battle to acquire the California-based storage vendor continues. The offer came just hours after Dell raised its ... (Source: Computerworld 2010-08-26T22:49:54Z)

Business Highlights

WASHINGTON (AP) – The jobs crisis is putting more Americans at risk of losing their homes. One in 10 households is facing foreclosure, and more than 2 million homes have been repossessed since the recession ... (Source: Huffingtonpost.com 2010-08-26T22:21:16Z)

Argentine doctors looking for orange-size lump find 56-pound tumour in woman's uterus

BUENOS AIRES, Argentina - Doctors were shocked when they looked into a woman's uterus searching for an orange-size tumour but found something that resembled a giant rock instead. Surgeons ended up removing a ... (Source: Canada East 2010-08-27T02:31:48Z)

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 2010-08-27T01:56:01Z)

Travelzoo shares soar after company announces local deals launch

NEW YORK — Shares of Travelzoo Inc. jumped more than 6 percent Thursday after the Internet travel service company said it was launching a local deals section and enabling subscribers to buy vouchers for local ... (Source: Washington Examiner 2010-08-26T17:49:15Z)

DJ China Attaches Conditions To Novartis' Acquisition Of Alcon

BEIJING, Aug 16, 2010 (Dow Jones Commodities News via Comtex) -- China's Ministry of Commerce on Friday approved Novartis AG's (NVS) acquisition of Alcon Inc. (ACL), but attached conditions to the deal in the China ... (Source: Investors Business Daily 2010-08-16T04:46:32Z)

BHP launches $39 billion cash bid for PotashCorp

LONDON/TORONTO (Reuters) – 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 ... (Source: YAHOO! 2010-08-19T12:56:54Z)

Blago may have to live with 'discount' defense

CHICAGO- His own legal funds spent, former Illinois Gov. Rod Blagojevich may have to make do with a discount, U.S. taxpayer-financed version of his offbeat defense at any retrial. At a hearing today - the first since ... (Source: The Southern 2010-08-26T17:06:18Z)

Aviat Networks shares rise after 4Q results

Shares of Aviat Networks Inc. climbed Thursday after the network gear provider reported a surprise adjusted profit in its fiscal fourth quarter and said it will cut costs by closing one of its facilities in North ... (Source: AP - msnbc.com 2010-08-26T18:17:53Z)

South Africa, China Companies Agree On Banking, Energy Deals

BEIJING -(Dow Jones)- South African and Chinese companies are signing a range of deals Tuesday covering sectors including energy, banking and railways, according to a statement from a South African government ... (Source: FOXBusiness 2010-08-24T05:55:48Z)

Keet continues to trail Beebe in fundraising in race for Arkansas governor

LITTLE ROCK, Ark. (AP) — Campaign finance reports show that Republican challenger Jim Keet continues to trail Democratic Gov. Mike Beebe in fundraising and has lent his campaign more than $34,000. Keet on Monday ... (Source: WREG 2010-08-16T22:11:39Z)

Argentine doctors looking for orange-size lump find 56-pound tumor in woman's uterus

BUENOS AIRES, Argentina (AP) — Doctors were shocked when they looked into a woman's uterus searching for an orange-size tumor but found something that resembled a giant rock instead. Surgeons ended up ... (Source: Orlando Sentinel 2010-08-27T02:46:07Z)

BHP turns hostile with $39bn Potash bid

( FT ) -- BHP Billiton launched a hostile fully funded $39bn offer for PotashCorp on Wednesday less than a day after the Canadian fertiliser maker's board dismissed its $130 a share approach as "grossly ... (Source: CNN 2010-08-18T10:06:17Z)

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)

UPDATE: China, South Africa Sign Deals To Deepen Ties In Resources, Energy

BEIJING (Dow Jones)--China and South Africa on Tuesday signed a raft of commercial deals in mining, finance, nuclear energy and other sectors during a visit by South African President Jacob Zuma, as Beijing ... (Source: Wall Street Journal 2010-08-24T11:46:33Z)

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)

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)

HP counters Dell again, raises offer for 3Par to $1.8 billion

Aug 26, 2010 (San Jose Mercury News - McClatchy-Tribune Information Services via COMTEX) -- Hewlett-Packard swung back at Dell on Thursday afternoon by once again raising its bid to buy the data-storage ... (Source: TMCnet 2010-08-27T00:15:48Z)

Metrolink to offer $200 million settlement to victims of deadly L.A. rail disaster

LOS ANGELES — Metrolink and its former commuter train operating contractor will offer $200 million to victims and survivors of the 2008 rail disaster in the San Fernando Valley community of Chatsworth under a plan ... (Source: Salt Lake Tribune 2010-08-25T23:05:24Z)

Arkansas Gubernatorial Candidates Trade Barbs

LITTLE ROCK - Republican gubernatorial candidate Jim Keet said Wednesday that questions about his pedigree as a true Arkansan are "silly" and are meant to divert attention from serious issues. "This state ... (Source: Southwest Times Record 2010-08-26T16:09:02Z)

Judge says Rod Blagojevich retrial will be in 2011

CHICAGO (AP) â€" His own legal funds spent, former Illinois Gov. Rod Blagojevich may have to make do with a discount, taxpayer-financed version of his offbeat defense at any retrial. At a Thursday hearing â ... (Source: Daily Oklahoman 2010-08-26T17:27:47Z)

Doctors look for orange-size lump, find 56-pounder

Doctors were shocked when they looked into a woman's uterus searching for an orange-size tumor but found something that resembled a giant rock instead. Surgeons ended up removing a 56-pound (23-kilogram) tumor from the ... (Source: AP - msnbc.com 2010-08-27T02:17:29Z)

Heico shares leap after upgrade to 'Buy'

NEW YORK (AP) -- Shares of Heico Corp. rose Thursday as a Stifel Nicolaus analyst upgraded shares, a day after the aerospace and defense company reported improvements in fiscal third-quarter results and raised its 2010 ... (Source: Yahoo Finance 2010-08-26T19:43:47Z)

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