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 29, 2010, 3:40 am

3Par: HP's $2 billion bid better than rival's

Fremont, Calif. -- Data storage company 3Par Inc. says its board has determined that Hewlett-Packard Co.'s $2 billion, $30-per-share takeover bid is superior to a rival offer from Dell Inc., but Dell said ... (Source: News-Leader.com 2010-08-29T08:55:59Z)

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)

Settlements to be focal point of Israeli-Palestinian summit

JERUSALEM — The Israeli-Palestinian peace summit next week in Washington has again put a spotlight on Jewish settlement construction in the West Bank. Palestinian leaders say the U.S.-sponsored negotiations will ... (Source: Salt Lake Tribune 2010-08-29T00:27:45Z)

Stocks start week higher as deal activity picks up

Stocks rose in early trading Monday after a fresh round of corporate dealmaking let investors set aside some of their lingering concerns about the economy. The Dow Jones industrial average rose 83 points in ... (Source: Forbes 2010-08-23T14:39:32Z)

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)

Piper Jaffray Expects Intel (INTC) To Stabilize and Bounce After Trimmed Guidance

Piper Jaffray lowered their price target on Intel (Nasdaq: INTC ) from $34 to $25, following today's lower pre-announcement, but is maintaining an Overweight rating. The firm commented, "The company's revised guidance is ... (Source: StreetInsider.com 2010-08-27T15:46:22Z)

German lawmakers blast banker's remarks as racist

German government officials and immigrant leaders are condemning remarks by a board member of Germany's federal bank as racist and anti-Semitic. Thilo Sarrazin of the German Bundesbank came under fire Sunday for telling ... (Source: AP - msnbc.com 2010-08-29T09:38:56Z)

Recession risk rises on home sales, durables data

WASHINGTON — Orders for durable goods increased less than forecast in July and sales of new homes unexpectedly dropped, increasing the risk of a renewed recession in the world's largest economy. Bookings for ... (Source: Daily Tribune 2010-08-26T12:48:36Z)

Economy grew 1.6% in second quarter

Aug. 27 -- The U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widened. The revised increase in gross ... (Source: AZCentral.com 2010-08-27T13:59:00Z)

Netanyahu wants biweekly peace talks

JERUSALEM — Prime Minister Benjamin Netanyahu wants to meet with the Palestinian president, Mahmoud Abbas, every two weeks once direct peace talks resume this week, Israeli officials said yesterday ... (Source: Boston Globe 2010-08-29T08:55:59Z)

Intel (INTC) Acquires McAfee (MFE) In Nearly $8 Billion Deal

Intel Corporation (Nasdaq: INTC ) entered into a definitive agreement to acquire McAfee, Inc., (NYSE: MFE ) for through the purchase of all of the company's common stock at $48 per share in cash, or approximately $7.68 ... (Source: StreetInsider.com 2010-08-19T12:21:07Z)

3Par Goes For HP's $2 Billion Offer

(NewsCore) - Hewlett-Packard Co.'s $2 billion, or $30-per-share, offer for 3Par Inc. was enough to win over the board of the data-storage company, which has notified Dell Inc. of its intention to end their ... (Source: My Fox Boston 2010-08-28T19:05:37Z)

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)

Economic growth stumbles in 2Q

The U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widened. The revised increase in gross ... (Source: Delaware Online 2010-08-28T07:45:35Z)

German banker slammed for 'racist' Jewish remarks

Top politicians attacked a senior official from Germany's central bank on Sunday after comments about Jews, the latest in a string of controversial remarks that have provoked a storm in the country. Thilo Sarrazin, a ... (Source: Expatica 2010-08-29T10:21:53Z)

Yen Slips To 4-day Low Against Swiss Franc

(RTTNews) - The yen that rose to a 2-day high of 84.29 against the US dollar in early Friday Asian deals pulled back to as low as 84.74 around 12:45 am ET. The greenback-yen pair that was worth 84.46 at Thursday's close ... (Source: RTT News 2010-08-27T05:30:46Z)

German Lawmakers Blast Banker'S Remarks as Racist, EU

BERLIN (AP) German government officials and immigrant leaders are condemning remarks by a board member of Germany's federal bank as racist and anti-Semitic. Thilo Sarrazin of the German Bundesbank came under ... (Source: WNCT 2010-08-29T10:07:34Z)

Israel-Palestinian summit: The settler point of view

The Israeli-Palestinian peace summit this week in Washington has again put a spotlight on Jewish settlement construction in the West Bank. Palestinian leaders say the U.S.-sponsored negotiations will collapse ... (Source: Chicago Tribune 2010-08-29T03:19:32Z)

Stock futures slide as investors continue sell-off

NEW YORK (AP) -- Stock futures dipped Friday as investors continued a sell-off that began a day earlier over worries about the pace of economic recovery. Investors are finding little reason to buy Friday. There are no ... (Source: Yahoo Finance 2010-08-20T11:51:18Z)

Israeli actors push debate over Jewish settlements to centre stage by refusing to ...

JERUSALEM - Dozens of Israeli actors have signed a pledge not to perform in a Jewish settlement in the West Bank where a theatre opens this fall. Their refusal has revived a largely dormant debate in Israel over the ... (Source: Canada East 2010-08-29T09:53:15Z)

Drops in durables, housing signal recession risk

Orders for durable goods in the U.S. increased less than forecast in July and sales of new homes unexpectedly dropped, increasing the risk of a renewed recession in the world's largest economy. Bookings for ... (Source: Denver Post 2010-08-26T06:57:51Z)

Dollar zigzags after Bernanke speech

The dollar zigzagged Friday after Federal Reserve Chairman Ben Bernanke laid out steps the central bank would consider to bolster a weakening economy, but was valgue on the specifics. Bernanke said the Fed would consider ... (Source: AP - msnbc.com 2010-08-27T15:46:22Z)

Wall Street set to rise on bargain hunting

Stock futures rose modestly Monday as investors tentatively moved back into the market after a fresh round of merger and acquisition activity. There are no major economic reports due out Monday that could provide insight ... (Source: AP - msnbc.com 2010-08-23T12:45:00Z)

Economists cut forecasts for second-half growth

WASHINGTON — The economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widened. The revised increase in gross ... (Source: Wichita Eagle 2010-08-28T05:00:57Z)

Obama family enjoys last day on Martha's Vineyard

(NECN: Scot Yount) - The Obama family spent most of their last day of their Vineyard vacation on a private beach in Edgartown. It's the same spot they enjoyed last Saturday. Today marks the end of what the White House ... (Source: NECN 2010-08-28T22:54:41Z)

3Par board calls HP $30-per-share bid `superior' to Dell, which mulls reply

FREMONT, Calif. — Data storage company 3Par Inc. says its board has determined that Hewlett-Packard Co.'s $2 billion, $30-per-share takeover bid is superior to a rival offer from Dell Inc., but Dell said ... (Source: Lubbock Avalanche-Journal 2010-08-29T05:06:55Z)

Economy slows; a 2d slump is feared

Ben S. Bernanke, the Federal Reserve chairman, said yesterday that he is prepared to act to prop up the economy, following a government report that economic growth in the second quarter was much slower than ... (Source: Boston Globe 2010-08-29T03:55:20Z)

Israeli actors boycott stirs settlement debate

Dozens of Israeli actors have signed a pledge not to perform in a Jewish settlement in the West Bank where a theater opens this fall. Their refusal has revived a largely dormant debate in Israel over the future of dozens ... (Source: AP - msnbc.com 2010-08-29T09:38:56Z)

Prominent Israeli theatre artists boycott new centre in settlement

Jerusalem - Citing reasons of conscience, 36 prominent Israeli theatre directors, actors and writers have declared a boycott of a new cultural centre to be opened soon in a settlement in the West Bank town of Ariel ... (Source: Earthtimes 2010-08-29T08:34:30Z)

Dollar zigzags as Bernanke says Fed could do more

The dollar zigzagged Friday after Federal Reserve Chairman Ben Bernanke laid out steps the central bank would consider to bolster a weakening economy. Bernanke said the Fed would consider a large-scale purchase of ... (Source: AP - msnbc.com 2010-08-27T19:56:55Z)

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