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 30, 2010, 8:39 am

Many clocks tick as Israel, Palestinians open talks

WASHINGTON (Reuters) - Many clocks will be ticking during the next year when Washington hopes an Israeli-Palestinian peace deal can be hammered out. President Barack Obama faces congressional elections on ... (Source: Reuters 2010-08-30T13:05:20Z)

Stocks turn lower at start of busy US data week

European and U.S. stock markets fell Monday as investors started an extremely busy economic news week cautiously. Asian stocks closed higher after the Bank of Japan announced a further easing in policy to get the world's ... (Source: AP - msnbc.com 2010-08-30T14:45:33Z)

Yen Rises on Speculation Bank of Japan Moves Won't Curb Gain

Aug. 30 (Bloomberg) -- The yen rose against the dollar on speculation the Bank of Japan's decision to increase credit- easing measures won't be enough to weaken the Asian nation's currency from near its ... (Source: BusinessWeek 2010-08-30T13:26:49Z)

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 2010-08-30T07:57:32Z)

Asian Shares Rise on Bank of Japan Meeting

Asian stock markets were higher in early Monday trading, with Tokyo shares powering ahead as an emergency Bank of Japan meeting raised hopes the bank would announce additional easing measures to curb the yen's ... (Source: Wall Street Journal 2010-08-30T01:45:18Z)

Abbas: Start building and I'll end talks

RAMALLAH, West Bank -- Palestinian President Mahmoud Abbas warned Sunday that he will not back down from his threat to pull out of new peace talks with Israel if it resumes construction in West Bank ... (Source: Detroit Free Press 2010-08-30T15:14:11Z)

The Harrisburg Senators Are Closing In On A Playoff Berth

Jesus Valdez ripped a single up the middle in the bottom of the tenth inning that scored Josh Johnson from second base, and the Harrisburg Senators snuck past the Trenton Thunder in ten innings on Sunday afternoon at ... (Source: FOX43.com 2010-08-30T03:04:02Z)

Survey finds support for Fed but split on spending

NEW YORK — Economists are satisfied with the Federal Reserve's current interest rate policy, but they're divided over how the central bank should proceed over the next 12 months, a new survey finds. The ... (Source: Huffingtonpost.com 2010-08-30T10:49:20Z)

Bundesbank: top banker's comments unacceptable

BERLIN (AP) -- Germany's central bank has distanced itself from remarks by a board member that stereotyped Muslims and Jews, saying the comments are harmful and violate its code of conduct. But the Bundesbank ... (Source: Associated Press 2010-08-30T15:21:20Z)

Bank of Japan announces fresh easing measures

TOKYO (AFP) – The Bank of Japan on Monday responded to government pressure to counter a strong yen by extending a multi-billion-dollar loan programme, but the currency moved higher still with markets ... (Source: YAHOO! 2010-08-30T07:43:13Z)

Trenton Takes Low-Scoring Affair

The Trenton Thunder scored an unearned run with two outs in the eighth inning, and went on to beat the Harrisburg Senators on Saturday night at Metro Bank Park by a final score of 2-1. Despite the loss, the Senators ... (Source: OurSports Central 2010-08-29T03:41:01Z)

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 2010-08-30T12:08:04Z)

PROFILE: Thilo Sarrazin - outspoken German central banker

Berlin - Thilo Sarrazin, a member of Germany's famously restrained central bank, is alternately seen as a "straight talker" who tackles tough subjects, or a loud-mouthed propagator of unsavoury views. Born in ... (Source: Earthtimes 2010-08-30T08:19:00Z)

Baseball: Manny Ramirez reportedly headed to White Sox

Manny Ramirez' stay with the Dodgers is nearly over. According to multiple reports, a deal with the Chicago White Sox will be completed today. The White Sox were awarded a waiver claim on the slugger last week ... (Source: San Jose Mercury News 2010-08-30T04:51:25Z)

White Sox nearing deal with Dodgers for Manny Ramirez

The White Sox and Los Angeles Dodgers may be closing in on a deal to send Dodgers outfielder Manny Ramirez to the South Side in exchange for minor league prospects. The deal appeared to be close Wednesday when ... (Source: Chicago Sun-Times 2010-08-25T20:49:24Z)

Thunder Lose Lead, Fall in Extra Innings

Harrisburg, PA- Jesus Valdez's RBI single in the bottom of the tenth inning brought home Josh Johnson, and the Senators came from behind to beat the Thunder 6-5 in extra innings on Sunday afternoon at Metro Bank Park ... (Source: OurSports Central 2010-08-29T23:43:36Z)

Divisive German banker launches immigration book

A leading German banker whose remarks stereotyping Muslims and Jews have sparked outrage launched his new book on immigration issues Monday amid calls for his removal from the central bank's board. Chancellor Angela ... (Source: AP - msnbc.com 2010-08-30T13:19:39Z)

Source: Dell plans sweeter 3Par bid after HP trump

Monday, Aug. 30, 2010 | 12:22 a.m. 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 ... (Source: Las Vegas Sun 2010-08-30T07:28:54Z)

Genzyme rejects Sanofi's $18.5 billion takeover offer

Biotechnology company Genzyme Corp. of Cambridge said Monday that it rejected Sanofi-Aventis SA's $18.5 billion buyout offer because it undervalues the company. On Sunday, French drug developer Sanofi-Aventis offered $ ... (Source: Patriot Ledger 2010-08-30T13:26:49Z)

Intel buying German chipmaker Infineon's wireless operations for $1.4B in cash

NEW YORK (AP) — Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal in as many weeks that allows the chipmaker to spread its wings ... (Source: Chicago Tribune 2010-08-30T12:43:52Z)

Economists Mixed On Monetary Policy Preferences

(RTTNews) - While a majority of economists agree with the Federal Reserve's current stance on monetary policy, a survey conducted by the National Association for Business Economics showed that economists are more divided ... (Source: RTT News 2010-08-30T14:52:42Z)

Asian Stocks Rise on Bank of Japan Speculation, Bernanke Pledge

Aug. 30 (Bloomberg) -- Asian stocks rose on speculation the Bank of Japan will announce measures to weaken the nation's currency and Federal Reserve Chairman Ben S. Bernanke pledged to safeguard the U.S ... (Source: BusinessWeek 2010-08-30T01:02:21Z)

Survey: Economists pleased with Fed's current monetary policy, but split on fiscal ...

NEW YORK (AP) — Economists are satisfied with the Federal Reserve 's current interest rate policy, but they're divided over how the central bank should proceed over the next 12 months, a new survey finds ... (Source: Los Angeles Times 2010-08-30T10:49:20Z)

Yen Shrugs Off BOJ Moves

TOKYO—The markets took a dim view of a new monetary easing announced by the Bank of Japan Monday, pushing the yen higher and leaving traders to wonder if the move was all the central bank had in its arsenal ... (Source: Wall Street Journal 2010-08-30T07:28:54Z)

Intel buying German chipmaker's wireless unit

NEW YORK -- Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, the second deal in as many weeks that allows the chipmaker to spread its wings ... (Source: Forbes 2010-08-30T15:14:11Z)

Manny Ramirez No Longer with the Dodgers, Headed to the White Sox

Manny Ramirez, now out-of-favor slugger will be shipped to the Chicago White Sox in a waiver deal Monday, according to multiple sources. In his last official act as a Dodger, he is kicked out while pinch ... (Source: Associated Content 2010-08-30T04:22:47Z)

Intel buying Infineon's smartphone chip unit for $1.4 billion

In its second major deal in just over a week, Intel has agreed to buy German-based Infineon Technologies' wireless communications unit for $1.4 billion in cash, a move the Santa Clara goliath hopes will help ... (Source: Silicon Valley 2010-08-30T12:51:01Z)

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

The board of 3Par Inc. has accepted Hewlett-Packard Co .'s $30-a-share takeover over and notified Dell Inc. that it will rescind its previous sale agreement. The Fremont, Calif. data storage company (NYSE:PAR ... (Source: New Mexico Business Weekly 2010-08-30T14:52:42Z)

Genzyme rejects Sanofi offer

Genzyme Corp ., the largest biotechnology company in Massachusetts, rejected an $18.5 billion offer from French drug maker Sanofi-Aventis SA this morning on the grounds that the price "dramatically undervalues ... (Source: Boston Globe 2010-08-30T14:45:33Z)

Abbas warns Israel against settlements

RAMALLAH, West Bank, Aug. 30 (UPI) -- Palestinian Authority President Mahmoud Abbas said peace talks will collapse if Israel "continues settlement expansion in all its forms." Abbas said the negotiations will ... (Source: United Press International 2010-08-30T11:10:48Z)

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