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 4, 2010, 6:40 pm

Genzyme reportedly in buyout talks with Sanofi

Genzyme Corp. and French drug maker Sanofi-Aventis are in talks over a possible sale, several news outlets are reporting. The news comes after weeks of speculation, prompted first by comments from Sanofi CEO ... (Source: Mass High Tech 2010-08-01T23:55:20Z)

Prop 8 ruled unconstitutional

In a landmark decision issued Wednesday, a federal judge ruled Wednesday that California's voter-approved ban on same-sex marriage violates the U.S. Constitution. San Francisco-based U.S. District Court Judge Vaughn ... (Source: Politico.com 2010-08-04T21:50:05Z)

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)

Two Vols ruled ineligible, status of others unclear

KNOXVILLE, Tenn. — Two Tennessee Volunteers are ineligible for the upcoming season, and the team is awaiting word on the status of four more. Coach Derek Dooley said Tuesday the NCAA has ruled defensive back ... (Source: Baton Rouge Advocate 2010-08-04T12:10:16Z)

David Climer: Tennessee Vols shrug off coaching turmoil

KNOXVILLE — Three head coaches in three years. Entirely new offensive and defensive schemes — again. A roster in transition. Welcome to University of Tennessee football, where the only constant is the ... (Source: Nashville Tennessean 2010-08-04T17:10:55Z)

Fiorina opposes Kagan Supreme Court nomination

SACRAMENTO, CA -- Republican U.S. Senate candidate Carly Fiorina is opposing President Barack Obama's nomination of Elena Kagan to the U.S. Supreme Court, citing Kagan's lack of experience on the bench. Her announcement ... (Source: KABC 2010-08-04T22:40:12Z)

China OKs Volvo sale to Geely

BEIJING (AP) — Geely Holding Group has Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce Ministry said yesterday. Commerce officials approved the $1.8 billion deal Monday ... (Source: Columbia Daily Tribune 2010-07-30T19:25:42Z)

AOL Inc. posts billion-dollar loss after sales of Bebo, ICQ

Former Internet giant AOL Inc. posted a $1.06-billion loss Wednesday resulting largely from an accounting charge triggered by its recent sale of social networking company Bebo Inc. AOL, which was spun off by ... (Source: Los Angeles Times 2010-08-04T21:14:18Z)

Barnes & Noble shares soar on sale speculation

Barnes & Noble Inc. stock was riding high a day after the world's largest bookseller said it might put itself up for sale amid struggles against stiff online competition and aggressive takeover moves by a ... (Source: Los Angeles Times 2010-08-05T00:49:03Z)

National Book Store Chain Up For Sale

Barnes and Noble is considering a sale, of the entire company. Possible buyers are said to include an investment group that the retailer's founder would join. The world's largest bookseller said that its board is ... (Source: WOWT 2010-08-04T21:57:15Z)

Vols shift two receivers

KNOXVILLE — New Tennessee football coach Derek Dooley doesn't like moving players to different positions. But he really likes winning, and Tuesday he announced several swaps with that in mind. Young wide ... (Source: GoVolsXtra 2010-08-05T01:17:41Z)

JUDGE DECLARES PROP 8 UNCONSTITUTIONAL

Same-sex couples and their families won a huge victory Wednesday as U.S. District Court Chief Judge Vaughn Walker ruled California's Proposition 8 violates both the equal protection and due process clauses in the U.S ... (Source: Out in America 2010-08-04T21:50:05Z)

Liverpool hoping for swift sale

Chinese businessman Kenny Huang expressed his interest in assuming control of the Reds on Monday, with suggestions he would seek to acquire the club's £237million debt from principal lender the Royal Bank of ... (Source: FOXSports.com 2010-08-03T07:39:26Z)

Eaton Agrees to Acquire Wright Line, Leading Data Center Enclosure and Air Flow ...

Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has agreed to acquire Wright Line ( News - Alert ) Holding, Inc., subject to regulatory approvals and other customary closing ... (Source: TMCnet 2010-08-04T14:40:36Z)

Genzyme in formal talks with Sanofi

Genzyme Corp. and French drug maker Sanofi-Aventis are in talks over a possible sale, several news outlets are reporting. This comes after weeks of speculation, prompted, first by comments from Sanofi's CEO ... (Source: Birmingham Business Journal 2010-08-03T13:08:43Z)

Barnes & Noble considering sale of company; possible buyers include founder Leonard ...

NEW YORK (AP) — Book retailer Barnes & Noble Inc. , facing a potential proxy fight with shareholder activists unhappy about the company's stock price and strategy, said Tuesday it may put itself on the block ... (Source: Chicago Tribune 2010-08-04T21:07:08Z)

US Senate takes up Obama Supreme Court pick

The US Senate on Tuesday began its final debate on President Barack Obama's second US Supreme Court pick, Elena Kagan, who was all-but-certain to cruise to easy confirmation by week's end. US Supreme Court nominee Elena ... (Source: AlterNet 2010-08-04T23:30:18Z)

AOL Reports a $1 Billion Loss, Mostly in Write-Downs

The Internet company AOL reported a loss of more than $1 billion for the second quarter on Wednesday because of charges for a decline in its share price and the sale of properties like the social networking site Bebo and ... (Source: New York Times 2010-08-05T00:49:03Z)

Ford says UAW deals bring work back to plants

TRAVERSE CITY, Mich. -- Competitive contracts with the United Auto Workers union are helping Ford Motor Co. bring nearly 2,000 jobs back into its factories that would have gone to parts supply companies ... (Source: Inside Bay Area 2010-08-04T16:56:36Z)

Eaton Acquires Enclosure Maker Wright Line

Eaton Corp . said this morning that it has agreed to acquire Wright Line Holding , which specializes in energy-efficient enclosures for data center racks. The deal continues a trend in which the largest ... (Source: Data Center Knowledge 2010-08-04T13:07:32Z)

Ford says UAW deals bring nearly 2,000 jobs back to its plants

Competitive contracts with the United Auto Workers union are helping Ford Motor Co. bring nearly 2,000 jobs back into its factories that would have gone to parts supply companies — some in other countries ... (Source: MLive.com 2010-08-04T16:27:58Z)

Harris Williams & Co. Advises Wright Line Holding, Inc. in Its Pending Sale to ...

BusinessWire - Harris Williams & Co. announces that Wright Line Holding, Inc. (Wright Line), a portfolio company of GSC Group (GSC) and certain funds managed by Oaktree Capital Management, L.P. (Oaktree), has entered ... (Source: Forbes 2010-08-04T18:29:39Z)

UPDATE 3-Sanofi makes approach to Genzyme - source

NEW YORK (Reuters) - French drugmaker Sanofi-Aventis SA, on the hunt for a large acquisition, is sounding out biotech Genzyme Corp on a possible deal, a source familiar with the matter said Friday. Shares in ... (Source: FOXBusiness 2010-07-24T02:14:52Z)

Vaughn Walker: 5 Facts About the Prop 8 Judge

(Aug. 4)--On Wednesday, U.S. District Court Judge Vaughn Walker ruled that California's Proposition 8, which amended the state constitution to define marriage as being solely between a man and a woman, violated the U.S ... (Source: AOL News 2010-08-04T20:17:02Z)

Syrian Kirdi says he is close to buying Liverpool

LONDON -- A Canadian-based consortium led by a Syrian businessman said Wednesday that it is close to buying Liverpool from the club's American owners. The statement from Yahya Kirdi, who is representing a ... (Source: Forbes 2010-08-05T00:13:15Z)

AOL posts $1.06 billion quarterly loss after write-downs

SAN FRANCISCO -- Internet company AOL reported a $1 billion-plus loss for the second quarter on Wednesday because of charges for a decline in its share price and the sale of properties such as social networking site Bebo ... (Source: San Jose Mercury News 2010-08-04T15:45:01Z)

Majority of Senators will vote for Kagan's Supreme Court nomination

WASHINGTON (AP) — Elena Kagan has won the support of a majority of senators on the eve of a vote to confirm her as the Supreme Court's fourth woman. WASHINGTON (AP) — Elena Kagan has won the support of a majority of ... (Source: West Central Tribune 2010-08-04T22:11:34Z)

Syrian businessman Yahya Kirdi says he is in 'advanced negotiations' to buy Liverpool

A Canadian-based consortium led by a Syrian businessman said Wednesday that it is close to buying Liverpool from the club's American owners. The statement from Yahya Kirdi, who is representing a group of investors from ... (Source: FOX News 2010-08-05T00:20:25Z)

Ford: UAW Deals Bring Work Back To Plants

TRAVERSE CITY, Mich. (AP) -- Competitive contracts with the United Auto Workers union are helping Ford Motor Co. bring nearly 2,000 jobs back into its factories that would have gone to parts supply companies -- some in ... (Source: Industrial Distribution 2010-08-04T14:26:17Z)

Ford wraps up Volvo sale to China's Geely

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: The Keene Sentinel 2010-08-04T15:52:11Z)

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