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Deals of the Hour / August 30, 2010, 10:40 pm

Hurricane Earl roars through Caribbean

Scientists monitored a mix of events Monday as Hurricane Earl battered tiny islands across the northeastern Caribbean, thousands fled their homes after a volcano erupted in western Indonesia and a heat wave ... (Source: Detroit News 2010-08-31T04:57:23Z)

Gadhafi Arrives In Italy To Observe Closer Ties Between Nations

(CNN) -- Libyan leader Moammar Gadhafi arrived in Italy Sunday, a year after his historic trip there to mark closer ties between the two countries. He was greeted by Italian Foreign Minister Franco Frattini. He arrived ... (Source: WIBW 2010-08-30T22:38:00Z)

Genzyme board rejects French offer

The board of directors at US biotechnology firm Genzyme has unanimously rejected an $18.5 billion takeover offer from French pharmaceutical giant Sanofi-Aventis. A letter to Sanofi management, signed by Genzyme chief ... (Source: RTE Online 2010-08-30T12:43:52Z)

Apple to unveil iTunes online at next week's iPod event?

With Apple's annual iPod event just a week away , will it just be a camera-blessed iPod touch on stage with Steve Jobs or has the Cupertino company got something exciting in streaming to offer us? Rumors from the ... (Source: SlashGear 2010-08-26T16:23:21Z)

3Par accepts HP's 'superior' $2B offer

Hewlett-Packard Co . has surged ahead of Dell Inc. in the race to acquire 3Par Inc. The target on Saturday indicated it will accept HP's $30-a-share offer, rescinding a previous sale agreement with Dell ... (Source: Portland Business Journal 2010-08-30T15:57:08Z)

Will Earl Impact US Open?

The U.S. Open, the fourth and final tennis Grand Slam tournament of the year, began Monday at Flushing Meadows-Corona Park in Queens, N.Y., and hot, dry weather will eventually give way to cooler, rainy conditions as ... (Source: AccuWeather.com 2010-08-30T15:57:08Z)

S.Africa increases wage offer to strikers-source

JOHANNESBURG, Aug 30 (Reuters) - South Africa's government increased its wage raise offer to unions representing 1.3 million striking state workers, a source said on Monday, trying to end a strike that ... (Source: FOXBusiness 2010-08-30T22:45:09Z)

Genzyme rejects Sanofi-Aventis offer

Biotechnology company Genzyme Corp. said Monday it rejected Sanofi-Aventis SA's $18.5 billion buyout offer because it undervalues the company. On Sunday, French drug developer Sanofi-Aventis offered $69 per share for ... (Source: AP - msnbc.com 2010-08-30T21:12:06Z)

Enter, stage right: Steve Jobs

Apple ( AAPL ) CEO Steve Jobs is scheduled to return to the stage Wednesday for what has become a late-summer classic: Apple's annual music-themed September special event -- it's sixth since 2005. By tradition ... (Source: Fortune Tech 2010-08-30T15:07:01Z)

Source: Dell plans sweeter 3Par bid after HP trump

Dell Inc. is planning a second offer to try to keep data storage maker 3Par Inc. out of Hewlett-Packard Co.'s hands, according to a person familiar with the discussions. The exact timing and amount of Dell's ... (Source: Fresno Bee 2010-08-24T23:56:42Z)

Lessons of Katrina

The epic hurricane season of 2005 was a defining chapter in American Red Cross history. Five years ago, Hurricanes Katrina, Rita and Wilma changed the lives of millions of people across the United States, and ... (Source: Colorado Daily 2010-08-30T04:22:47Z)

'Bay Prepared' five years after Hurricane Katrina

The epic hurricane season of 2005 was a defining chapter in American Red Cross history. Five years ago, hurricanes Katrina, Rita and Wilma changed the lives of millions of people across the United States and ... (Source: Tampa Bay Online 2010-08-22T04:10:48Z)

Genzyme Shoots Down Sanofi-Aventis's Buyout Offer

Netflix Hits $100! David Gardner called Netflix in 2004 at $15.42. He's up 684% as of July 13th. See what David's recommending that you buy NEXT. The press release includes a copy of a frank letter from Genzyme CEO ... (Source: Motley Fool 2010-08-30T17:08:43Z)

Pro-Vatican politicians irked by Gadhafi in Rome

Premier Silvio Berlusconi threw a gala evening for his "friend" Moammar Gadhafi Monday, thanking him for strengthened ties between Tripoli and Rome and dismissing as behind the times those criticizing the Libyan leader ... (Source: AP - msnbc.com 2010-08-31T00:03:54Z)

Better prepared post-Katrina, but more must be done

The epic hurricane season of 2005 was a defining time in American Red Cross history. Five years ago, Hurricanes Katrina, Rita, and Wilma changed the lives of millions of people across the United States, and ... (Source: Quad Cities Onlines 2010-08-29T05:14:04Z)

S.Africa's Zuma's push leads to strike talks

JOHANNESBURG (Reuters) - South Africa's government and unions representing 1.3 million striking state workers began talks Monday night following President Jacob Zuma's order to ministers to negotiate ... (Source: Reuters 2010-08-30T18:56:05Z)

Restrictions in place for swimming again today as Hurricane Danielle generates strong ...

Swimmers hoping to beat the heat Monday might find restrictions at local beaches. The National Weather Service says swells associated with Hurricane Danielle will continue to churn up the surf with rip ... (Source: Atlantic City Press 2010-08-30T12:08:04Z)

Genzyme board rejects Sanofi bid

The board of directors at US biotechnology firm Genzyme has unanimously rejected an 18.5-billion-dollar takeover offer from French pharmaceutical giant Sanofi-Aventis, Genzyme said Monday. "The Genzyme board ... (Source: Raw Story 2010-08-30T13:05:20Z)

U.S. East Coast Watching Major Hurricane Earl as "Fiona" Forms in Atlantic

Category 4 Earl batters the Caribbean as it continues to intensify and could be a serious problem for parts of the Atlantic seaboard by week's end. Hurricane Earl battered tiny islands across the northeastern Caribbean ... (Source: KAKE TV 2010-08-30T22:59:28Z)

Hurricane Earl batters Caribbean, threatens U.S. East Coast

SAN JUAN, Puerto Rico — Hurricane Earl battered tiny islands across the northeastern Caribbean with heavy rain and roof-ripping winds Monday, rapidly intensifying into a major Category 4 storm on a path ... (Source: Deseret News 2010-08-31T01:44:07Z)

Sanofi offer too low, Genzyme says

Bio-pharmaceutical company Genzyme Corp., Cambridge, Mass., is attempting to prevent what is becoming a hostile takeover bid by Paris-based drugmaker Sanofi-Aventis. In a letter sent to Sanofi-Aventis CEO ... (Source: ModernHealthcare.com 2010-08-30T15:28:30Z)

Growing Hurricane Earl Threatens North Caribbean

SAN JUAN, Puerto Rico -- Hurricane Earl lashed the northeastern Caribbean with heavy rain and strong winds Monday, causing flooding in low-lying parts of the Leeward Islands and emptying the streets and ... (Source: KJCT8 2010-08-30T13:26:49Z)

Authorities call off search for missing swimmer in Ocean City

Authorities have called off the search for a Washington man who went missing while swimming in Ocean City . The Coast Guard ended its search about 5 p.m. Sunday after checking 895 nautical miles of the ocean ... (Source: Baltimore Sun 2010-08-30T15:49:58Z)

South Africa's Zuma Tells Ministers to End Strike

(Updates with comments from Zuma's spokesman starting in second paragraph.) Aug. 30 (Bloomberg) -- South African President Jacob Zuma instructed ministers to return to talks to end a 13-day strike by state ... (Source: BusinessWeek 2010-08-30T13:26:49Z)

1 missing, 250 rescued off Ocean City after hurricane-related rip currents

Authorities are searching for a man who went missing while swimming in Ocean City . The search comes after officials say lifeguards rescued more than 250 people caught in rip currents caused by Hurricane Danielle on ... (Source: Baltimore Sun 2010-08-29T17:38:32Z)

AutoCAD coming to iPad, iPhone, returning to Mac‎

Autodesk is bringing its AutoCAD architecture, design, and engineering software back to the Mac OS after an 18-year absence, the company announced this evening. But the company plans to do more than offer a ... (Source: Infoworld 2010-08-31T03:24:20Z)

Gadhafi heading to Italy to mark bilateral pact

Rome. Libyan leader Moammar Gadhafi plans to travel to Italy this weekend, a year after his historic trip there to mark closer ties between the two countries, CNN informs. He is scheduled to arrive Saturday afternoon at ... (Source: Focus Infomation 2010-08-28T03:06:25Z)

Sanofi-Aventis gets tough in Genzyme bid

Pharmaceutical giant Sanofi-Aventis on Sunday publicly confirmed for the first time its previously reported bid for Genzyme Corp. (Nasdaq: GENZ) and moved to prod Genzyme shareholders into embracing a deal ... (Source: Boston Business Journal 2010-08-30T06:10:09Z)

Summary Box: HP tries to outbid Dell for 3Par

PASSING OVER PCs: The world's two biggest personal computer makers — Hewlett-Packard Co. and Dell Inc. — are trying to move into more profitable markets. THE OFFER: HP's $1.5 billion offer Monday for data-storage ... (Source: AP - msnbc.com 2010-08-23T23:57:53Z)

Summer going out with a blast of heat

ITHACA -- This week's heat stands to cap an already scorching summer, according to the National Weather Service. Tuesday through Thursday, temperatures will range from the low to mid-90s during the day, and ... (Source: Star-Gazette 2010-08-31T03:45:48Z)

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