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 28, 2010, 5:40 am

Virgin Media Inc: Transaction in Own Shares

BusinessWire - Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED) today announced the repurchase of an additional 1,063,514 shares of common stock as a part of the US$194 million collared accelerated stock buyback ... (Source: Forbes 2010-08-27T18:02:23Z)

HP Boosts 3Par BidTo $1.88 Billion

Hewlett-Packard Co. boosted its bid for 3Par Inc. to $1.88 billion Friday, topping Dell Inc.'s offer by 11 percent and again raising the stakes in the bidding contest for the data-storage company. The $30-per ... (Source: The Ledger 2010-08-28T05:08:06Z)

American Campus Communities, Inc. Announces Sale of Common Stock

AUSTIN, Texas--(BUSINESS WIRE)--American Campus Communities, Inc. (NYSE: ACC - News ), one of the nation's largest developers, owners and managers of high-quality student housing properties, today announced the pricing ... (Source: Yahoo Finance 2010-08-16T23:51:52Z)

Salvation Army cuts ties with United Way

A simmering battle between two leading nonprofit organizations erupted publicly yesterday when the Salvation Army of Massachusetts abruptly severed ties with United Way of Massachusetts Bay and Merrimack ... (Source: Boston Globe 2010-08-28T12:39:04Z)

FPL Group Capital Sells $400 Mln Of Debentures - Quick Facts

(RTTNews) - FPL Group Capital Inc, a subsidiary of NextEra Energy, Inc. (NEE: News ), said Friday that it has sold $400 million in principal amount debentures. The debentures bear interest at 2.60% per year and will ... (Source: RTT News 2010-08-27T20:25:33Z)

HP boosts bid to $1.88B for data storage company 3Par

SEATTLE — Hewlett-Packard Co. boosted its bid for 3Par Inc. to $1.88 billion Friday, topping Dell Inc.'s offer by 11 percent and again raising the stakes in the bidding contest for the data-storage company ... (Source: Jackson Clarion-Ledger 2010-08-28T07:24:06Z)

Police suspect 'Bad Tooth Bandit' in a string of bank robberies in Phoenix

PHOENIX - Police believe Thursday's robbery at a Wells Fargo bank inside a Phoenix Albertson's store is the work of a suspect they are calling the "Bad Tooth Bandit". The "bandit" is wanted in connection with ... (Source: ABC 15 News 2010-08-27T23:17:21Z)

HP raises 3PAR offer to $2 bln, trumps Dell again

NEW YORK (Reuters) - Hewlett-Packard Co raised its offer for 3PAR Inc to $2 billion, once again topping Dell Inc's bid and showing it had plenty of ammunition in a bidding war for the data storage company. HP's offer ... (Source: FOXBusiness 2010-08-28T01:47:40Z)

Police Search For Bank Robber With Bad Teeth

PHOENIX -- Phoenix Police are searching for a bank robber. Investigators say the so-called Bad Teeth Bandit has hit six banks since July 14. They think he robbed a Wells Fargo inside the Albertsons at Tatum ... (Source: KPHO 2010-08-27T23:10:11Z)

HQ Bank's License Revoked by Swedish Regulators for Breach of Legislation

Sweden's Financial Supervisory Authority revoked HQ Bank's license to operate and applied for its liquidation, saying the company broke regulations. "HQ Bank has demonstrated serious deficiencies in its ... (Source: Bloomberg 2010-08-28T12:39:04Z)

Japan Still Struggling with Deflationary Pressures

This is a transcript of top stories presented by China's CCTV Business Channel as produced by CNBC Asia Pacific. Japan's still struggling with deflationary pressures and more evidence it's hard to shake them off. Latest ... (Source: CNBC 2010-08-27T11:14:22Z)

Bernanke says Fed ready to act if outlook worsens

The nation's central bank has not exhausted the potential cures for what ails the limping U.S. economy and is willing to take new measures to boost growth if needed, Federal Reserve Chairman Ben Bernanke said ... (Source: Delaware Online 2010-08-28T07:45:35Z)

'Fast Money' Recap: Bargain Hunting

NEW YORK (TheStreet) -- The markets rebounded sharply Friday on a slightly better-than-expected GDP report and Fed Chairman Ben Bernanke's reassuring comments about the economy. Joe Terranova said on CNBC 's "Fast Money ... (Source: Inside Fidelity 2010-08-27T22:55:52Z)

Fed to Do More to Spur Economy

JACKSON HOLE, Wyo. | The Federal Reserve chairman, Ben S. Bernanke, said Friday that the central bank was determined to prevent the economy from slipping into a cycle of falling prices, even as he emphasized ... (Source: The Ledger 2010-08-28T09:40:07Z)

Fluor's AMECO to Form North American Industrial Joint Venture with United Rentals

BusinessWire - Fluor Corporation (NYSE:FLR) announced today that its AMECO unit has agreed to form a joint venture with United Rentals, Inc. (NYSE: URI) to offer comprehensive equipment and tool solutions for ... (Source: Forbes 2010-08-16T20:52:55Z)

Amkor Technology to Present at Rodman & Renshaw Annual Global Investment Conference

CHANDLER, Ariz. - (Business Wire) Amkor Technology, Inc. (Nasdaq: AMKR) today announced that Joanne Solomon, the company's executive vice president and chief financial officer, will participate in the Rodman ... (Source: Earthtimes 2010-08-27T21:37:08Z)

Phoenix's Latest Bank-Robbing Bozo Dubbed "Bad Teeth Bandit" by Authorities

The "Bad Teeth Bandit" hard at work. The man now-dubbed by the Phoenix Police Department as the "Bad Teeth Bandit" has struck again, this time hitting a Wells Fargo on Tatum Boulevard in Phoenix not too far from a ... (Source: Phoenix New Times 2010-08-27T20:54:11Z)

Dollar turns lower as markets wait for Bernanke

NEW YORK - The dollar turned lower in choppy trading Thursday ahead of a speech by the head of the Federal Reserve that could detail more measures the central bank will take to bolster the U.S. economy. Traders were also ... (Source: CNBC 2010-08-26T19:22:18Z)

FPL Group Capital Announces Sale Of $400 Million Of Debentures

FPL Group Capital Inc today announced the sale on Aug. 26, 2010, of $400 million in principal amount debentures. The debentures bear interest at 2.60 percent per year and will mature Sept. 1, 2015. The ... (Source: Street.Com 2010-08-27T20:25:33Z)

FPL Group Capital sells $400 million in debentures

Power-plant operator FPL Group Capital Inc. said Friday it sold $400 million in debentures. The debentures bear interest at 2.6 percent per year and will mature Sept. 1, 2015. The debentures will be guaranteed by FPL ... (Source: AP - msnbc.com 2010-08-27T22:34:24Z)

Amkor Technology to Present at Deutsche Bank Technology Conference

CHANDLER, Ariz. - (Business Wire) Amkor Technology, Inc. (Nasdaq: AMKR) today announced that Joanne Solomon, the company's executive vice president and chief financial officer, will participate in the 2010 ... (Source: Earthtimes 2010-08-27T21:37:08Z)

Stocks gain as investors reassured

NEW YORK — Stocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy showed further signs of weakening. Traders also were encouraged ... (Source: Worcester Telegram & Gazette 2010-08-28T08:50:00Z)

Stocks gain; Federal Reserve Chairman Ben Bernanke, gross domestic product figures ...

NEW YORK — Stocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy showed further signs of weakening. Traders were also encouraged ... (Source: Post-Crescent 2010-08-28T09:25:48Z)

Bernanke to explain Fed's outlook, actions

With fresh signs that the housing market is weakening, Federal Reserve chairman Ben Bernanke today will offer his outlook on the economy, explain the Fed's recent modest move to halt the slide and possibly ... (Source: The State 2010-08-27T03:57:42Z)

United Rentals Announces North American Industrial Joint Venture with Fluor's AMECO

BusinessWire - United Rentals (NYSE: URI) announced today that it has agreed to form a joint venture with Fluor Corporation's (NYSE: FLR) AMECO unit to offer comprehensive equipment and tool solutions for ... (Source: Forbes 2010-08-16T20:52:55Z)

Stocks rally despite sluggish economic indicators

NEW YORK — The economy is slowing, the Fed is cautious about the recovery and the world's biggest chipmaker is lowering its sales forecast. But stocks rallied more than 1 percent Friday. The Dow Jones ... (Source: The Keene Sentinel 2010-08-28T11:56:07Z)

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