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 3, 2010, 12:40 am

Linc Energy enters trading halt pending asset sale

LINC Energy has entered a trading halt pending an announcement on the sale of one of its coal properties in Queensland. Linc has indicated it had entered talks with Adani Enterprises about selling the Indian company its ... (Source: The Australian 2010-08-03T04:54:48Z)

Rare copy of Batman No. 1 for sale

FAIRBANKS, Alaska (AP) - A longtime Alaska comic book buff is selling one of the gems in his vast collection, a rare copy of Batman No. 1 published 70 years ago. Mike Wheat of Fairbanks has put the 1940 comic ... (Source: WOOD 2010-08-02T11:36:51Z)

RBS To Announce Branch, Worldpay Sales Early As Tuesday -Sources

LONDON -(Dow Jones)- Royal Bank of Scotland Group PLC (RBS) is likely to announce two asset sales worth up to a total of GBP4.3 billion as early as Tuesday, as it continues its efforts to shrink its balance sheet, people ... (Source: NASDAQ 2010-07-30T14:17:53Z)

Nasdaq stocks posting largest volume decreases

NEW YORK (AP) -- A look at the 10 biggest volume decliners on Nasdaq at the close of trading: Bridgford Foods Corp. : Approximately 300 shares changed hands, a 94.7 decrease from its 65-day average volume. The shares ... (Source: Yahoo Finance 2010-08-02T22:21:06Z)

Allergan CEO Says Company Isn't For Sale, Deal Would Be Tough

Allergan Inc.'s (AGN) chief executive, in response to speculation that a large pharmaceutical company could purchase the maker of Botox, reiterated Monday that the company isn't for sale and that it would be hard for a ... (Source: NASDAQ 2010-08-02T18:39:11Z)

FelCor agrees to buy the Fairmont Copley Plaza hotel in Boston

IRVING, Texas-- FelCor Lodging Trust Incorporated has entered into a purchase and sale agreement to acquire the fee-simple interest in The Fairmont Copley Plaza hotel in Boston for $98.5 million from an affiliate of ... (Source: Hotel World Network 2010-08-02T14:50:07Z)

Nasdaq's 10 most active stocks at the close of trading

NEW YORK — A look at Nasdaq 10 most-active stocks at the close of trading: Arena Pharmaceuticals Inc. fell 9.8 percent to $7.17 with 28,081,500 shares traded. Cisco Systems Inc. rose 3.2 percent to $23.80 with ... (Source: Washington Examiner 2010-08-02T22:13:56Z)

Advent/Bain Near Deal for RBS WorldPay

LONDON (Reuters) - Royal Bank of Scotland (RBS.L) is in exclusive talks with Advent International and Bain Capital over the sale of its payment-processing unit WorldPay, two people familiar with the matter said on Friday ... (Source: Private Equity Hub 2010-07-23T19:12:31Z)

Linc Energy enters trading halt

Shares in coal gas company Linc Energy Ltd have been placed in a trading halt at the request of the company, ahead of an announcement regarding the sale of one of its Queensland assets. "The trading halt is requested ... (Source: Business Spectator 2010-08-03T04:19:01Z)

Sold! Ford completes the sale of Volvo to Chinese-automaker Geely

In the works for months, Ford Motor Company today completed the sale of Volvo Car Corporation to Zhejiang Geely Holding Group Company Limited, a Chinese corporation known simply as Geely. The parties agreed to a $1.8 ... (Source: ConsumerReports.org (blog) 2010-08-02T17:41:55Z)

The Official Newsweek Sale Press Release

The Washington Post Co. has officially announced what we knew all day: The company is selling Newsweek to electronics tycoon Sidney Harman. Press release after the jump. The Washington Post Company (NYSE: WPO) announced ... (Source: Mediabistro.com 2010-08-02T20:48:02Z)

UPDATE 2-Advent-Bain near purchase of RBS WorldPay -sources

LONDON, July 23 (Reuters) - Royal Bank of Scotland ( RBS.L ) is in exclusive talks with Advent International and Bain Capital over the sale of its payment-processing unit WorldPay, two people familiar with the ... (Source: Reuters 2010-07-23T17:32:18Z)

Texas-based FelCor to buy Fairmont Copley Plaza hotel

B oston's Fairmont Copley Plaza hotel is changing hands. FelCor Lodging Trust Inc. announced it has a purchase and sale agreement to buy the 383-room hotel for $98.5 million from an affiliate of Fairmont ... (Source: Boston Herald 2010-08-03T04:11:51Z)

Linc Energy Confirms Talks With Adani for Coal Seam

Linc Energy of Australia said Monday that it was in negotiations that were "very well advanced" with Adani Enterprises , the Indian commodity trader, to sell certain of its coal assets in the province of Queensland ... (Source: New York Times Blogs 2010-08-02T09:35:10Z)

Comic Book Buff from Alaska Selling Rare Copy of Batman No. 1

A 1940 Batman issue #1 comic book owned by longtime Fairbanks, Alaska comic book buff Mike Wheat is shown. Wheat has put the rare comic on the auction block through Dallas-based Heritage Auction Galleries, where it's ... (Source: Art Daily 2010-08-03T02:38:48Z)

Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibi

Item 2.01. Completion of Acquisition or Disposition of Assets. As disclosed in its Current Report on Form 8-K dated March 28, 2010, Ford Motor Company ("Ford") and its subsidiary, Volvo Personvagnar Holding AB ("Volvo ... (Source: YAHOO! 2010-08-02T14:50:07Z)

MetLife Lowers Forecast on Stock Sale for AIG Deal

(Updates with Alico's profit, equity in seventh paragraph.) Aug. 2 (Bloomberg) -- MetLife Inc., the insurer buying a non-U.S. unit from American International Group Inc., said earnings per share will be ... (Source: BusinessWeek 2010-08-02T13:52:51Z)

F, EVCA.OB, & SPWRA: Ford completes the sale of Volvo to Geely for $1.8 Billion

Ford Motor Co. (NYSE: F) Ford Motor Company is a global automotive industry leader based in Dearborn, Mich., manufactures and distributes automobiles across six continents. With approximately 176,000 employees ... (Source: TMCnet 2010-08-02T18:32:02Z)

Ford completes sale of Volvo brand

DETROIT — Ford said Monday that it has completed the sale of its Volvo brand to Chinese automaker Geely for $1.8 billion. The sale of the Swedish car brand completes the sale of all of the foreign brands ... (Source: Wichita Eagle 2010-08-03T05:01:58Z)

Comic book buff selling rare copy of Batman No. 1

FAIRBANKS, Alaska (AP) — A longtime Alaska comic book buff is selling one of the gems in his vast collection, a rare copy of Batman No. 1 published 70 years ago. Mike Wheat of Fairbanks has put the 1940 ... (Source: Register Citizen 2010-08-03T01:48:41Z)

2nd UPDATE: MetLife Raises Size Of Share Sales For Alico Deal

NEW YORK -(Dow Jones)- MetLife Inc. (MET) increased by more than $1 billion the amount it plans to raise in a share sale to fund its acquisition of American International Group Inc.'s (AIG) second-largest foreign life ... (Source: NASDAQ 2010-08-02T21:23:50Z)

S&P Equity Research Picks Discovery Communications 'A' Shares Focus Stock of the Week

NEW YORK, Aug. 2 /PRNewswire/ -- Discovery Communications Class A common shares (DISCA: $39) have been picked by Standard & Poor's Equity Research as its Focus Stock of the Week. DISCA carries S&P 's highest ... (Source: Forbes 2010-08-02T19:29:18Z)

MetLife Raises Size Of Share Sales For Alico Deal

(Adds S&P comment, other information, updates total amount to be raised in share sale, in the fifth through eighth paragraphs.) NEW YORK -(Dow Jones)- MetLife Inc. ( MET ) increased by more than $1 billion the ... (Source: FOXBusiness 2010-08-02T21:59:37Z)

Newsweek's Deal is Done; Employees Gather to Hear Their Fate

And now it's really official: The Washington Post (WPO) has handed over Newsweek to speaker magnate Sidney Harman, finishing a fire sale that began in early May . The paper hasn't disclosed a sale price ... (Source: All Things Digital 2010-08-02T20:48:02Z)

Discovery Sees Shark Week Bump

NEW YORK ( TheStreet ) -- Discovery Communications ( DISCA ) shares are up more than 2% today, trading around $39.50 and flirting with the high end of its 52-week range of $24.13 to $40.13. The owner of the Discovery ... (Source: Street.Com 2010-08-02T16:51:49Z)

FelCor (FCH) Announces $98.5M Acquisition of Interest in Boston's The Fairmont Copley ...

FelCor Lodging Trust Incorporated (NYSE: FCH ) today announced it has entered into a purchase and sale agreement to acquire the fee-simple interest in The Fairmont Copley Plaza hotel in Boston for $98.5 million from an ... (Source: StreetInsider.com 2010-08-02T12:05:29Z)

Discovery Communications and Gaiam to Release Extreme Survival Pack, Clash of the ...

NEW YORK, Aug 02, 2010 /PRNewswire via COMTEX/ -- Gaiam, Inc., a leading producer of lifestyle media, announced today the release of three new DVDs, Extreme Survival Pack, Clash of the Dinosaurs, and Showdown ... (Source: TMCnet 2010-08-02T17:27:36Z)

Ford Completes Sale of Volvo to Chinese Automaker Geely

Ford Motor said Monday it completed the sale of its Swedish Volvo Car unit and related assets to China's Zhejiang Geely Holding Group Co. Geely at the same time announced that Volkswagen's former U.S. chief ... (Source: FOX News 2010-08-02T14:50:07Z)

Ford Motor Company Completes Sale Of Volvo To Geely

DEARBORN, Mich. - Ford Motor Company [ NYSE: F ] today announced it has completed the sale of Volvo Car Corporation and related assets to the Zhejiang Geely Holding Group Company Limited. The total purchase price for ... (Source: WebWire 2010-08-02T17:06:08Z)

Sidney Harman Agrees to Buy Newsweek

UPDATE: It's now official . EARLIER: The sale of Newsweek appears to be finally over. Sidney Harman, a 91-year-old audio equipment magnate, has won a bid to buy the magazine from the Washington Post Company, according to ... (Source: TheWrap 2010-08-02T22:21:06Z)

Blog Archive