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 27, 2010, 10:41 am

Stocks rise after 2nd quarter GDP news; Bonds slip

Stocks rose Friday and bond prices fell after the government reported that U.S. economic growth didn't slow as much as feared. Comments from Ben Bernanke also helped send stocks higher. The Federal Reserve ... (Source: Forbes 2010-08-27T17:05:07Z)

Wall Street continues slide after retail data

Stocks fluctuated in early trading Friday after a batch of readings on consumer spending came in mixed. The Commerce Department said that retail sales rose 0.4 percent in July. That was an improvement after two months of ... (Source: AP - msnbc.com 2010-08-13T15:20:02Z)

Iran wants role, after all, as nuclear fuel maker for Bushehr reactor

WASHINGTON — Iran has proposed to share fuel production with Russia for its Russian-built Bushehr nuclear power plant - a move bound to raise even more concerns about Tehran's nuclear ambitions. The power ... (Source: Minnpost.com 2010-08-27T14:20:28Z)

Bernanke comments give world markets a boost

Stocks rose in Europe and on Wall Street Friday as Federal Reserve Chairman Ben Bernanke said his central bank stands ready to support the U.S. economy if needed and after a key growth figure came in better than feared ... (Source: AP - msnbc.com 2010-08-27T16:00:41Z)

US Fed eyes aggressive steps as recovery slows

The Federal Reserve will aggressively boost US economic expansion if the outlook worsened, the central bank chief Ben Bernanke said Friday, as the government slashed the second quarter growth pace. But he said ... (Source: Raw Story 2010-08-27T16:43:38Z)

Rain drenches Obama's Martha's Vineyard holiday

He may be leader of the free world, but President Barack Obama isn't exempt from a summer rainstorm like the one that blew across New England on Monday, swamping his Martha's Vineyard vacation. Gone was any thought of ... (Source: AP - msnbc.com 2010-08-23T21:34:43Z)

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)

Nestlé completes sale of Alcon to Novartis

Vevey, Switzerland, Nestlé yesterday completed the sale of its remaining shares in Alcon to Novartis, representing around 52% of Alcon's share capital, for USD 28.3 billion. Nestlé acquired Alcon in 1977 for USD 280 ... (Source: WebWire 2010-08-26T13:45:52Z)

Ben Bernanke Speech To Jackson Hole Conference

Household finances and attitudes also bear heavily on the housing market, which has generally remained depressed. In particular, home sales dropped sharply following the recent expiration of the homebuyers ... (Source: Post Chronicle 2010-08-27T16:43:38Z)

Iran proposes to produce nuclear fuel with Russia

TEHRAN, Iran — Iran's state-owned Press TV says Tehran has submitted a proposal to Russia to jointly produce nuclear fuel for Iran's Bushehr nuclear power plant and any future plants. The English-language ... (Source: msnbc.com 2010-08-26T09:13:51Z)

Does Ben Bernanke Not Get It?

Today in Jackson Hole, Wyoming, Federal Reserve Chairman Ben Bernanke delivered his annual address on the state of the economy. Bernanke responds to his critics, but not with any new argument that might ... (Source: prospect 2010-08-27T16:00:41Z)

Bernanke Says Fed Will Take Action If Economy Falters

JACKSON, Wyo. (AP) -- Federal Reserve Chairman Ben Bernanke says the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of deflation ... (Source: Industrial Distribution 2010-08-27T14:41:57Z)

Nestle Completes Alcon Share Sale To Novartis For $28.3 Billion (NVS,ACL,NSRGY)

Aug 26, 2010 (SmarTrend News Watch via COMTEX) -- 8/25/2010-Nestle (PINK:NSRGY) completed is sale of its remaining shares in Alcon (NYSE:ACL) to Novartis (NYSE:NVS) for $28.3 billion in cash. Novartis is now ... (Source: TMCnet 2010-08-26T14:57:27Z)

Oil up slightly above $73 as eyes turn to Bernanke

O il prices rose slightly on Friday, extending two straight days of gains, as investors looked ahead to comments from the Federal Reserve on the outlook for U.S. economic growth. By early afternoon in Europe ... (Source: Boston Herald 2010-08-27T14:34:47Z)

European, US stocks rise on US growth figures, eyes turn to Bernanke's speech

LONDON - Stocks edged higher in Europe and on Wall Street Friday after a key U.S. economic growth figure was not as bad as feared, and as investors looked ahead to a speech by Federal Reserve Chairman Ben ... (Source: Minneapolis Star Tribune 2010-08-27T14:06:09Z)

Ansel Adams trust sues over garage sale negatives

A group representing Ansel Adams sued a Fresno man Monday 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 2010-08-24T11:10:46Z)

Ben Bernanke speech: Federal Reserve ready to act if economy worsens

Ben Bernanke sought to reassure financial markets Friday on two fronts: that the Federal Reserve sees growth ahead for the US economy and, at the same time, that the Fed stands ready to provide more economic ... (Source: The Christian Science Monitor 2010-08-27T17:19:26Z)

Washington Nationals agree to $9.9 million deal with top pick Bryce Harper

WASHINGTON — Top overall draft pick Bryce Harper and the Washington Nationals reached an agreement on a $9.9 million, five-year contract seconds before the deadline of midnight EDT Monday night. A year ago ... (Source: Seattle Times 2010-08-17T05:35:28Z)

Townhall News Rain drenches Obama's Martha's Vineyard holiday

He may be leader of the free world, but President Barack Obama isn't exempt from a summer rainstorm like the one that blew across New England on Monday, swamping his Martha's Vineyard vacation. Gone was any ... (Source: Town Hall 2010-08-23T21:20:24Z)

Washington Nationals, No. 1 overall pick Bryce Harper have until midnight to make a deal

WASHINGTON (AP) — The Washington Nationals and No. 1 overall draft pick Bryce Harper are facing a deadline to get a deal done. Major League Baseball clubs have until midnight as Monday turns to Tuesday to ... (Source: Chicago Tribune 2010-08-16T15:30:47Z)

Iran bids for Russian nuclear deal

Iran has submitted a proposal to Russia to jointly produce nuclear fuel for its Bushehr nuclear power plant and any future facilities, Iranian media reported. The English-language Press TV quoted the head of Iran's ... (Source: Ethiopian Review 2010-08-26T21:38:19Z)

Oil up after GDP report, Bernanke speech

Oil prices rose Friday alongside the stock market after Federal Reserve Chairman Ben Bernanke called the economic outlook "inherently uncertain." His comments came shortly after the Commerce Department said the U.S ... (Source: AP - msnbc.com 2010-08-27T16:22:10Z)

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)

Bernanke: Fed will take action if economy falters

JACKSON, Wyo. -- Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of ... (Source: San Jose Mercury News 2010-08-27T15:17:44Z)

Most Asian stocks down ahead of Bernanke's speech

TOKYO (AP) - Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman Ben Bernanke amid growing worries over the pace of the U.S. economic ... (Source: Charleston Daily Mail 2010-08-27T07:46:46Z)

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)

Benanke: Fed will take action if economy falters

JACKSON, Wyo. -- Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of ... (Source: Forbes 2010-08-27T15:03:25Z)

European Shares Gain

LONDON—European stock markets ended the week on a positive note, lifted by better-than-expected U.S. growth and Federal Reserve Chairman Ben Bernanke's promise to "strongly resist" deflation. The Stoxx Europe 600 index ... (Source: Wall Street Journal 2010-08-27T16:36:29Z)

Townhall News Ansel Adams trust sues over garage sale negatives

The Ansel Adams Publishing Trust is suing a California man for selling prints and posters under the name of the famed nature photographer. The case, filed Monday in federal court in San Francisco, is the ... (Source: Town Hall 2010-08-24T00:19:21Z)

Obama, wife, daughters go on vacation bike outing under brilliant skies on Martha's ...

WEST TISBURY, Mass. - President Barack Obama and the first family are taking advantage of brilliant New England weather to go biking on Martha's Vineyard. Under cloudless skies Friday, the first family left ... (Source: Minneapolis Star Tribune 2010-08-27T15:17:44Z)

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