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, 4:40 pm

Robinho joins AC Milan at transfer deadline

LONDON -- AC Milan acquired Robinho from Manchester City to bolster a formidable forward line and sold Klaas-Jan Huntelaar to the German club Schalke at European soccer's transfer deadline. Schalke was one of ... (Source: ESPN.com 2010-08-31T21:10:55Z)

Unsigned contracts stall sale of Philly newspapers

PHILADELPHIA— Unsigned labor contracts could stall Tuesday's scheduled bankruptcy sale of Philadelphia's two major newspapers. Creditors won The Philadelphia Inquirer and Philadelphia Daily News at an April ... (Source: Boston Globe 2010-08-31T18:26:16Z)

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)

Federal Government Asked to Intervene After Quebec Agribusiness Owners Cut a Deal ...

Migrant agricultural workers from Honduras began toiling in Quebec fields this week, after a Quebec farm lobby group and Honduran officials cut a deal to bring the workers to Canada under the federal government's ... (Source: Industrial Distribution 2010-08-31T14:01:25Z)

Pension fight stalls sale of Philly newspapers

The bankruptcy sale of Philadelphia's two major newspapers has been delayed two weeks as creditors poised to take over try to hammer out labor contracts with several Teamsters units. Creditors won the April ... (Source: Salon 2010-08-31T21:10:55Z)

AC Milan signs Robinho to 4-year deal

AC Milan agreed to sign Manchester City's Brazilian forward Robinho, bringing to an end the U.K.'s costliest player's two-year stay in the Premier League. The striker, who cost a U.K.-record 32.5 million ... (Source: Houston Chronicle 2010-08-31T17:36:10Z)

3PAR Bidding War: Are Dell And HP Crazy?

NEW YORK (CNNMoney.com) -- Hewlett-Packard and Dell's intense bidding war for the little-known 3PAR is starting to look a little nuts. HP's latest offer of $30 a share for the storage company represents a 211% premium ... (Source: WIBW 2010-08-31T18:47:45Z)

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)

George Soros buys 4 percent of Bombay Stock Exchange

MUMBAI, INDIA — Billionaire George Soros' Quantum hedge fund has purchased Dubai Financial Group's 4 percent stake in the Bombay Stock Exchange, an exchange official said, in a deal that values Asia's oldest ... (Source: Asbury Park Press 2010-08-20T16:01:50Z)

Fund buys Indian stake

MUMBAI , India — Billionaire George Soros ' Quantum hedge fund has purchased Dubai Financial Group 's 4 percent stake in the Bombay Stock Exchange , an exchange official said, in a deal that values Asia 's oldest ... (Source: Daily Oklahoman 2010-08-22T05:00:54Z)

National And International Report / Genzyme rejects Sanofi-Aventis offer

Biotechnology company Genzyme Corp. said Monday it rejected Sanofi-Aventis' $18.5 billion buyout offer because it undervalues the company. On Sunday, French drug developer Sanofi-Aventis offered $69 per share ... (Source: Pioneer Press 2010-08-31T04:57:23Z)

Heavenly Offers New Lift-Ticket Tech

This ski season, if you ski Heavenly you can track how many days and runs you've done, using technology embedded right on your lift ticket. You can also track how much vertical feet you've skied. Heavenly will use radio ... (Source: NBC Bay Area 2010-08-30T23:56:44Z)

Quebec Agribusiness Ramps Up "Exploitation Express" With Honduras Migrants Federal ...

MONTREAL, QUEBEC -- (Marketwire) -- 08/31/10 -- Migrant agricultural workers from Honduras began toiling in Quebec fields this week, after a Quebec farm lobby group and Honduran officials cut a deal to bring the workers ... (Source: PR Inside 2010-08-31T19:23:32Z)

Fed Approves China's Morgan Stanley Stake

NEW YORK (TheStreet) -- The Federal Reserve Board allowed the Chinese government's investment arm to buy up to 10% of Morgan Stanley ( Symbol : MS ) shares Tuesday as part of an agreement struck in 2007. The increased ... (Source: Inside Fidelity 2010-08-31T22:36:49Z)

Intel to Buy Wireless Unit of German Chip Maker for $1.4 B

Intel Corp. announced plans to buy the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion, the second deal in as many weeks the computer company has made in its attempt to leverage the ... (Source: Red Herring 2010-08-31T19:09:13Z)

Manny Ramirez expected in uniform for White Sox on Tuesday

Manny Ramirez couldn't conceal his excitement Monday, thanking the Chicago White Sox for believing in him and being eager to show he remains one of the most dangerous hitters in the game. Ramirez, who badly ... (Source: USA Today 2010-08-31T15:55:57Z)

Unsigned contracts stall delay deal for Philly newspapers

PHILADELPHIA (AP) — Unsigned labor contracts have stalled Tuesday's scheduled bankruptcy sale of Philadelphia's two major newspapers. A judge has now set a Sept. 14 deadline for creditors to close their ... (Source: Delaware County Daily Times 2010-08-31T22:22:30Z)

Genzyme says no to Sanofi-Aventis

NEW YORK — Biotechnology company Genzyme Corp. said Monday it rejected Sanofi-Aventis' $18.5 billion buyout offer because it undervalues the company. On Sunday, French drug developer Sanofi-Aventis offered $69 per ... (Source: Houston Chronicle 2010-08-31T05:33:11Z)

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 2010-08-31T15:13:00Z)

HP (HP) Takes 3PAR (PAR) Bidding War to the Next Level

Hewlett-Packard Co. (NYSE: HPQ ) has once again trumped Dell Inc.'s (NASDAQ: DELL ) bid for data-storage maker 3Par Inc. (NYSE: PAR ), with an offer of $1.69 billion just hours after Dell made its second offer for the ... (Source: StreetInsider.com 2010-08-26T21:24:00Z)

Manny Ramirez Leaves Dodgers For White Sox On Waiver Deal

Manny Ramirez's often turbulent relationship with the Los Angeles Dodgers finally ended Monday when he was shipped to the Chicago White Sox in a waiver deal. The 12-time All-Star has been replaced on the ... (Source: Post Chronicle 2010-08-30T19:46:12Z)

Fed approves sale of Morgan Stanley stock shares

The Federal Reserve has approved a request by a Chinese sovereign wealth fund to acquire up to 10 percent of the voting shares of New York investment bank Morgan Stanley. The Fed, which regulates bank holding companies ... (Source: AP - msnbc.com 2010-08-31T21:39:33Z)

ONGC divided on Cairn India counter-bid: report

MUMBAI (Reuters) - State-run Oil and Natural Gas Corp (Bombay: ONGC.BO - News ) is divided over making a counter-bid for Cairn India (Bombay: CAIL.BO - News ), which is the target of a $9.6 billion takeover offer by ... (Source: Yahoo Finance 2010-08-25T04:00:05Z)

Vail Resorts to launch location-based technology

VAIL, Colorado — Vail Resorts wants its skiing and snowboarding guests to get "in the mix" with a new technology that will track passholders all over the mountain. The technology, EpicMix, debuts this ... (Source: Glenwood Springs Post Independent 2010-08-31T06:37:36Z)

Robinho joins AC Milan as Europe's biggest clubs stay largely quiet on transfer ...

LONDON – AC Milan acquired Robinho from Manchester City to bolster a formidable forward line and sold Klaas-Jan Huntelaar to the German club Schalke at European soccer's transfer deadline. Schalke was one of ... (Source: FOX News 2010-08-31T21:18:04Z)

AP briefs: Mosque-Poll | Tobacco tax stands | Paladino on Obama | NYS A-G Race ...

Poll: Most NYers want developers to move mosque. Judge declines to block NY tax on cigarettes. NY GOP gov candidate says Obama "worships himself." Attorney general candidates target corruption. Cargo shipments up 17% on ... (Source: North Country Public Radio 2010-08-31T21:03:45Z)

Federal Reserve approves request by Chinese fund to acquire voting stock in Morgan ...

WASHINGTON (AP) — The Federal Reserve has approved a request by a Chinese sovereign wealth fund to acquire up to 10 percent of the voting shares of New York investment giant Morgan Stanley . The Fed, which ... (Source: Chicago Tribune 2010-08-31T21:39:33Z)

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

(Canadian Press DataFile Via Acquire Media NewsEdge) NEW YORK _ Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for US$1.4 billion in cash, the second deal in as ... (Source: TMCnet 2010-08-31T10:55:18Z)

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)

Vail Resorts to offer skiiers high-tech tracking

Technology and skiing merge this season at Vail Resorts with a new method of tracking on-slope achievements. Skiers and riders can monitor their lift rides, vertical feet skied and number of ski days with ... (Source: Denver Post 2010-08-31T06:59:05Z)

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