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Deals of the Hour / August 29, 2010, 4:40 am

Disappointing Economic Data Leads To Sell-Off On Wall Street

(RTTNews) - Meanwhile, the major European markets showed a notable move to the downside over the course of the day. The French CAC 40 Index fell by 2.1 percent, while the U.K.'s FTSE 100 Index and the German DAX Index ... (Source: RTT News 2010-08-19T20:27:53Z)

CANADA STOCKS-TSX edges up on U.S. data, banks weigh

TORONTO, Aug 26 (Reuters) - Toronto's main stock index opened firmer on Thursday as stronger-than-expected U.S. economic data helped alleviate worries about a weak U.S. labor market, but soft financials ... (Source: CNBC 2010-08-26T13:45:52Z)

CANADA STOCKS-TSX gains as Bernanke comments boost commodities

TORONTO, Aug 27 (Reuters) - Toronto's main stock index rose 2 percent on Friday, led by strong resource and financial issues, after Federal Reserve Chairman Ben Bernanke said the U.S. central bank was ready to take ... (Source: Inside Fidelity 2010-08-27T19:56:55Z)

Analysts on 3PAR (PAR) Buyout: Kaufman Says HP Offer is Steep, Janney Sees Possible ...

Kaufman Bros. - the firm said that while it understands and appreciates the strategic rationale of HP's offer, the new bid still looks "a bit steep." Kaufman warns that the CEO transition will probably continue to weigh ... (Source: StreetInsider.com 2010-08-23T19:18:42Z)

Aust market tipped to open firmer

Australian stocks look set for a bright start on Monday. Local investors are expected to be buoyed by US Federal Reserve chairman Ben Bernanke's comments that policymakers are prepared to provide further stimulus to a ... (Source: TheBull.com.au 2010-08-29T08:05:52Z)

Marquee homes languish on Calif. housing market

Southern California's home-sale listings are beginning to resemble an index to the country's most famous mid-20th-century architects, with more marquee properties languishing on the market as the well-heeled become ... (Source: AP - msnbc.com 2010-08-28T05:08:06Z)

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)

UPDATE 1-ECB's Trichet says must avoid another lost decade

JACKSON HOLE, Wyoming Aug 27 (Reuters) - Governments and central banks must ensure that the transition from very high debt levels takes place in an orderly fashion, European Central Bank President Jean-Claude ... (Source: Reuters 2010-08-27T21:08:30Z)

High-end ham: Ky. donors offer $1.6 million for champion ham; proceeds will go to charity

LOUISVILLE, Ky. (AP) — Start baking those biscuits and stirring that red-eye gravy. Two donors have pledged a record $1.6 million for Kentucky's grand champion country ham. That works out to about $100,000 a ... (Source: Baltimore Sun 2010-08-26T18:03:34Z)

German central banker criticised for remarks on Jews

zu Guttenberg said Thilo Sarrazin was out of line for comments about Jews, remarks that were also criticised by Jewish leaders in the country responsible for the Holocaust. "All Jews share a particular gene, Basques ... (Source: YNET News 2010-08-29T11:11:59Z)

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)

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)

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)

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)

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)

CANADA STOCKS-TSX gains on resource issues, RBC weighs

TORONTO (Reuters) - Toronto's main stock index ended marginally higher Thursday on firmness in resource issues, but disappointing results from Royal Bank of Canada limited gains. Fighting to push the market ... (Source: FOXBusiness 2010-08-26T20:55:22Z)

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)

Paul to Offer Different Options to Balance Budget

LOUISVILLE, Ky. (AP) - Republican Senate candidate Rand Paul backtracked Thursday on his pledge to erase the federal budget deficit in a year, instead offering several options that he said could get it done within five ... (Source: msnbc.com 2010-08-27T08:44:02Z)

Marquee homes languish in Calif.

LOS ANGELES — Southern California's home-sale listings are beginning to resemble an index to the country's most famous mid-20th-century architects, with more marquee properties languishing on the market ... (Source: New Haven Register 2010-08-29T07:08:36Z)

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)

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)

Champion Ham Breaks Another Kentucky State Fair Record

LOUISVILLE, Ky. (AP) -- Two bidders put their money together to pay a record-breaking $1.6 million for Kentucky's grand champion ham at a charity auction. Bernard Trager, chairman of Republic Bank and Trust, and Dr. Mark ... (Source: WBKO 2010-08-27T12:47:25Z)

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)

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)

Architectural gems languish on Calif. home market

LOS ANGELES -- The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California market. Marquee homes by Richard Neutra, Rudolph ... (Source: Arlington Heights Daily Herald 2010-08-29T05:06:55Z)

ECB's Trichet says must avoid another lost decade

Governments and central banks must ensure that the transition from very high debt levels takes place in an orderly fashion, European Central Bank President Jean-Claude Trichet said on Friday. Governments and monetary ... (Source: msnbc.com 2010-08-28T10:08:45Z)

Govts must avoid another lost decade: Trichet

JACKSON HOLE, Wyoming: Governments and central banks must ensure that the transition from very high debt levels takes place in an orderly fashion, European Central Bank President Jean-Claude Trichet said on ... (Source: Arab News 2010-08-28T21:00:09Z)

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)

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)

German central banker criticized for remarks on Jews

German government leaders condemned a central bank executive on Sunday for making anti-Semitic remarks before the publication of his book on Monday that takes a critical look at Turk and Arab immigrants. Foreign Minister ... (Source: msnbc.com 2010-08-29T10:36:12Z)

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