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 31, 2010, 3:39 am

Retired teacher's translated Swedish children's book hits the shelves

St. Paul, Minn. — Judy Gustafson sees her translation of a 19th-century Swedish children's book as a way to help modern society appreciate how humble and simple life once was, while also exposing people to ... (Source: Marketplace.publicradio.org 2010-08-30T12:08:04Z)

Logan's Roadhouse chain is being sold

Nashville-based Logan's Roadhouse Inc . — a steakhouse chain with 214 locations in 23 states — agreed to be acquired by private equity firm Kelso & Co., in the latest deal during what's proven to be a busy ... (Source: Nashville Tennessean 2010-08-31T07:13:24Z)

German Official Defends Comments on Race

BERLIN -- Thilo Sarrazin, a leading German banker whose disparaging remarks about Jews and Muslims have created a public outcry, brushed aside calls Monday for his dismissal from the central bank and his expulsion from ... (Source: Pittsburgh Post-Gazette 2010-08-31T06:01:49Z)

Manny Ramirez to join White Sox today

LOS ANGELES — Manny Ramirez captivated Los Angeles when he arrived two years ago, lifting the Dodgers into the playoffs and beguiling the fans with his dreadlocks, his smile and his big swing. It all ended ... (Source: Desert Sun 2010-08-31T08:17:49Z)

Intel buying wireless unit of German chip-maker

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 expand beyond the ... (Source: Tulsa World 2010-08-31T10:19:30Z)

Summit calls up fragile hopes

RAMALLAH, West Bank — As preparations intensify for a Palestinian-Israeli summit meeting in Washington on Thursday, the crude outlines of a Palestinian state are emerging in the West Bank, with increasingly ... (Source: Worcester Telegram & Gazette 2010-08-31T08:53:36Z)

Prime Minister Kan May Delay Meeting With Bank of Japan on Yen, Jiji Says

Japanese Prime Minister Naoto Kan may postpone a planned meeting next week with Bank of Japan Governor Masaaki Shirakawa , Jiji Press reported, without saying where it got the information. The two may instead ... (Source: Bloomberg 2010-08-21T12:33:03Z)

BOJ, government officials reportedly plan to meet

TOKYO (MarketWatch) -- The Japanese yen came off its highs against the U.S. dollar and Tokyo stocks closed off their lows Tuesday, after local media reported that Japanese Prime Minister Naoto Kan and Bank of ... (Source: Marketwatch 2010-08-17T09:24:32Z)

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)

Bidding War Develops For 3Par (PAR) After HP's $1.5 Billion Offer

Hewlett-Packard Co. (NYSE: HPQ ) said Monday that it has offered a $1.5 billion bid for 3Par Inc. (NYSE: PAR ), a week after rival Dell Inc (NASDAQ: DELL ) had agreed to acquire the data storage provider for $1.13 ... (Source: StreetInsider.com 2010-08-23T13:13:38Z)

JAL submits rehab plan to Tokyo District Court, discount carrier in pipeline

TOKYO, Aug. 31 (Xinhua) -- Japan Airlines Corp.(JAL), currently undergoing a state-backed rehabilitation, announced Tuesday it will retire 103 of its fleet and scrap 10 international and 39 domestic routes as part of its ... (Source: Xinhua News Agency 2010-08-31T08:46:27Z)

Hewlett-Packard makes $1.5B bid for 3Par, topping Dell's offer 8:27 AM CT

PALO ALTO, Calif. — Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for $1.13 billion. HP and Dell have been ... (Source: Dallas Morning News 2010-08-23T13:27:57Z)

Japan Airlines outlines restructuring plans, including job cuts, ending routes,

TOKYO — Japan Airlines outlined restructuring plans Tuesday that include cutting 30 percent of its global workforce and additional financing to keep flying after filing for bankruptcy protection in January ... (Source: Republic 2010-08-31T09:29:24Z)

Hewlett-Packard makes $1.5B bid for 3Par, topping Dell's offer

NEW YORK — Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., offering 33 percent more than what rival Dell Inc. agreed to pay for the company just a week earlier. The tussle ... (Source: Naples Daily News 2010-08-24T00:19:21Z)

Palestinian state outline emerging in West Bank

Ramallah, West Bank -- As preparations intensify for a Palestinian-Israeli summit meeting in Washington on Thursday, the crude outlines of a Palestinian state are emerging in the West Bank, with increasingly ... (Source: Cleveland Plain Dealer 2010-08-31T05:11:42Z)

JAL lenders to retain 284.9 billion yen in debt: report

BANGALORE (Reuters) - Japan Airlines Corp's ( JALFQ.PK ) five main bank creditors agreed to retain about 284.9 billion yen ($3.34 billion) lent to the airline, dropping their request that a government-based ... (Source: Reuters 2010-08-17T23:57:50Z)

Logan's Roadhouse agrees to buyout by equity firm Kelso

At present, Logan's is owned by a group of private-equity firms, including Bruckmann, Rosser, Sherrill & Co. of New York and Black Canyon Capital and Canyon Capital Advisors LLC of Los Angeles, as well as ... (Source: Nashville Tennessean 2010-08-31T03:45:48Z)

German central banker hauled before board over race comments

Frankfurt - German central banker Thilo Sarrazin is to appear before his board of the Bundesbank Tuesday to answer for controversial comments made on race and immigration, the German Press Agency dpa has ... (Source: Earthtimes 2010-08-31T10:12:21Z)

Israeli-Palestinian talks to reopen

RAMALLAH, West Bank - The U.S. relaunches Israeli-Palestinian talks this week, its third push over the past decade to solve one of the world's most intractable conflicts - and this time under some of the most difficult ... (Source: Athens Banner-Herald 2010-08-31T07:27:43Z)

Intel keeps buying with $1.4B deal for smart phone chip maker

SAN JOSE, Calif. — 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 ... (Source: Cape Cod Times 2010-08-31T06:16:08Z)

Japan Defends Economic Policy Steps as Stocks Slide

(Updates with Ikeda comments on currency starting in third paragraph.) Aug. 31 (Bloomberg) -- Japanese ministers defended measures pledged by the government and the Bank of Japan yesterday after concern ... (Source: BusinessWeek 2010-08-31T09:22:14Z)

German lawmakers blast banker's remarks as racist

German top government officials and immigrant leaders on Sunday condemned remarks by a board member of Germany's federal bank as racist and anti-Semitic. Thilo Sarrazin of the German Bundesbank came under fire for ... (Source: AP - msnbc.com 2010-08-29T11:54:56Z)

Intel buying Infineon wireless unit

In its second major deal in just more than 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, Calif.-based ... (Source: Arkansas Online 2010-08-31T10:19:30Z)

Air Products (APD) Issues Response to Airgas' (ARG) Delay Attempt

Air Products (NYSE: APD ) issues statement on Airgas, Inc. (NYSE: ARG ) attempt to delay any shareholder referendum on Air Products' offer for the company: "After 10 months of stonewalling, the Airgas Board remains ... (Source: StreetInsider.com 2010-08-30T21:04:56Z)

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)

Activist investors buy into Swedish bank Swedbank

STOCKHOLM -- American activist investor Carl Icahn and his Swedish partner Christer Gardell have bought shares in Swedbank AB that make them together the fourth biggest owner in the Swedish bank. Gardell's ... (Source: Forbes 2010-08-23T09:38:53Z)

Air Products Comments on Airgas' Latest Delaying Tactics

LEHIGH VALLEY, Pa. , Aug. 30 /PRNewswire-FirstCall/ -- Air Products (NYSE: APD - News ) issued the following statement regarding the latest attempts by Airgas, Inc. (NYSE: ARG - News ) to delay any shareholder ... (Source: Yahoo Finance 2010-08-30T21:55:03Z)

Airgas Comments on Air Products' Tender Offer Extension and Announcement Regarding Consent Decree

RADNOR, Pa.-- (BUSINESS WIRE) -- Airgas, Inc. (NYSE: ARG) today issued a statement regarding the third extension by Air Products & Chemicals, Inc. (NYSE: APD) ("Air Products") of its unsolicited tender ... (Source: SmartBrief 2010-08-16T14:47:50Z)

Activist investors Icahn and Gardell buy into Swedish bank Swedbank

STOCKHOLM — American activist investor Carl Icahn and his Swedish partner Christer Gardell have bought shares in Swedbank AB that make them together the fourth biggest owner in the Swedish bank. Gardell's investment ... (Source: Washington Examiner 2010-08-23T09:24:34Z)

Private equity firm buying Logan's Roadhouse chain

Private equity firm Kelso & Company has agreed to buy the Logan's Roadhouse restaurant chain. The deal was reached three months after Logan's parent company LRI Holdings Inc. filed for an initial public ... (Source: Dayton Business Journal 2010-08-30T16:18:36Z)

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