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 9, 2010, 11:39 pm

Symantec closes $1.28B acquisition of VeriSign security unit

Symantec Corp. has completed its acquisition of VeriSign 's identity and authentication business, a deal that included a majority stake in VeriSign Japan. Symantec (NASDAQ: SYMC) and VeriSign (NASDAQ: VRSN ... (Source: San Francisco Business Journal 2010-08-09T18:30:53Z)

Nabors (NBR) Acquires Superior Well Services (SWSI) In $900M Deal

Nabors Industries Ltd. (NYSE: NBR ), the largest land-rig contractor in the world, said Monday that it has agreed to acquire smaller oilfield services company Superior Well Services Inc. (NASDAQ: SWSI ) for about $900 ... (Source: StreetInsider.com 2010-08-09T12:47:17Z)

Iran: Brazil asylum unlikely in adultery case

Iran signaled Tuesday it would likely reject the Brazilian president's offer to give refuge to an Iranian woman convicted of adultery and sentenced to death by stoning. The case of 43-year-old Sakineh Mohammadi Ashtiani ... (Source: AP - msnbc.com 2010-08-03T21:36:58Z)

Bermuda firm Nabors to acquire Superior Well Services

The Bermuda-based company will begin a tender offer to purchase all of Indiana, Pa.-based Superiors shares of common stock at a price per share of $22.12, according to a filing with the SEC. The deal is valued ... (Source: Pittsburgh Business Times 2010-08-09T14:34:40Z)

Verizon, Google offer vision of Net's future

SAN FRANCISCO - Google and Verizon on Monday introduced a proposal for how Internet service should be regulated -- and they were immediately criticized by groups that favor keeping the network as open as ... (Source: Minneapolis Star Tribune 2010-08-10T02:09:01Z)

Iran likely to reject Brazil asylum offer for woman given stoning sentence for adultery

TEHRAN , Iran (AP) — Iran signaled Tuesday it would likely reject the Brazilian president's offer to give refuge to an Iranian woman convicted of adultery and sentenced to death by stoning. The case of 43 ... (Source: Daily Press 2010-08-03T12:04:18Z)

A text to Red Wings general manager Ken Holland got ball rolling on Mike Modano deal

Aug 07, 2010 (Detroit Free Press - McClatchy-Tribune Information Services via COMTEX) -- General manager Ken Holland wasn't sure how to proceed: Should he make a follow-up phone call? Call the agent? Or was ... (Source: TMCnet 2010-08-08T03:37:17Z)

Pistons still deliberating McGrady offer

David Aldridge, TNT analyst -- A source with knowledge of the discussions told TNT's David Aldridge Sunday night that the Detroit Pistons are not close to signing free agent forward Tracy McGrady, and are continuing to ... (Source: NBA 2010-08-09T02:53:09Z)

Broadway's Hilton Theatre Becomes the Foxwoods Theatre in New Deal

Broadway's Hilton Theatre will be renamed The Foxwoods Theatre. New York's Hilton Theatre has assumed a new moniker. Foxwoods Resort Casino and live music company Live Nation have announced a multi-year partnership ... (Source: Broadway.com 2010-08-10T00:35:58Z)

Pistons still interested in Tracy McGrady, but no offer yet

The Pistons' interest in free-agent swingman Tracy McGrady is real, but he hasn't been offered a contract. If the Pistons are to offer McGrady a deal, it would be the veterans' minimum ($1.2 million ... (Source: Detroit News 2010-08-09T20:54:03Z)

AstraZeneca inks $198M deal to settle US lawsuits alleging antipsychotic drug caused ...

LONDON (AP) — AstraZeneca PLC said Monday it has reached agreements to pay a modest $198 million to settle a little over half of the U.S. lawsuits that allege its antipsychotic drug Seroquel caused diabetes ... (Source: Los Angeles Times 2010-08-09T20:32:35Z)

Red Wings introduce No. 90

Mike Modano stands with Detroit Red Wings general manager Ken Holland (left) and owner Mike Ilitch after being introduced as a Red Wing during a news conference Friday in Detroit. Modano inked a one-year deal ... (Source: The Oakland Press 2010-08-07T13:03:59Z)

Bodyguard testifies about $1M People photo deal

LOS ANGELES—A key prosecution witness in the Anna Nicole Smith drug conspiracy trial says he discussed a scheme to sell pictures of Smith's newborn baby for $1 million. Smith's bodyguard Maurice Brighthaupt ... (Source: Denver Post 2010-08-09T18:23:44Z)

BP pays 3.0 billion dollars into oil spill fund

BP said Monday it had made its initial deposit of 3.0 billion dollars into a 20-billion-dollar US-managed fund to compensate victims of the massive Gulf of Mexico oil spill. Pelicans sit on oil boom to that is protecting ... (Source: AlterNet 2010-08-10T05:36:36Z)

Google, Verizon to reach net-neutrality deal separate from broader FCC talks

Google and Verizon are closing in on a net-neutrality deal separate from ongoing talks at the Federal Communications Commission (FCC), which include a broader group of stakeholders. "We've been working with Google for ... (Source: Thehill.com 2010-08-03T23:52:58Z)

Google, Verizon to reach net neutrality deal

Google and Verizon are closing in on a net neutrality deal separate from ongoing talks at the Federal Communications Commission (FCC), which include a broader group of stakeholders. "We've been working with Google for ... (Source: Thehill.com 2010-08-05T02:50:44Z)

Foxwoods, Live Nation announce NY theater deal

Foxwoods Resort Casino has opened on Broadway. The eastern Connecticut casino, run by the Mashantucket Pequot Indians, announced a deal Monday with music company Live Nation that gives Foxwoods the naming rights to the ... (Source: AP - msnbc.com 2010-08-09T20:18:16Z)

Defense Tries To Discredit Smith Bodyguard

LOS ANGELES - Defense attorneys in the Anna Nicole Smith drug conspiracy trial are attempting to weaken the credibility of a key prosecution witness. Defense attorneys on Monday questioned Smith's bodyguard about his ... (Source: msnbc.com 2010-08-10T03:42:04Z)

2nd UPDATE: Nabors To Buy Superior Well Services In $735 Million Deal

HOUSTON -(Dow Jones)- Nabors Industries Ltd. (NBR) has agreed to pay $735 million for the stock of Superior Well Services Inc. (SWSI), expanding the drilling contractor's offerings in shale natural gas fields. The deal ... (Source: NASDAQ 2010-08-09T20:32:35Z)

BP kick-starts oil spill compensation fund

Associate Attorney General Tom Perrelli said the department is pleased that BP made an initial contribution and had taken "an important step toward honoring its commitment to the president and the residents ... (Source: Pensacola News Journal 2010-08-10T05:58:05Z)

Foxwoods inks naming rights deal for Broadway theater

T he Hilton Theatre on Broadway's historic 42nd Street in New York's Times Square has been renamed the Foxwoods Theatre. Foxwoods Resort Casino and Live Nation have reached a multi-year agreement that gives Foxwoods ... (Source: Boston Herald 2010-08-09T20:11:06Z)

NBA AM: Is It Time To Move Tayshaun Prince?

McGrady and The Pistons?: The Detroit Pistons have been holding some serious talks with free agent Tracy McGrady and could be closing in on a one-year deal worth the NBA minimum worth roughly $1.35 million ... (Source: Hoops World 2010-08-09T12:40:08Z)

VeriSign's Sale of Authentication Services Business to Symantec Closes

VeriSign, Inc. (NASDAQ: VRSN) announced today the completion of the sale of its Authentication Services business to Symantec Corp. (NASDAQ: SYMC) for approximately $1.28 billion in cash subject to adjustments related to ... (Source: msnbc.com 2010-08-09T14:34:40Z)

Locals to join trial of Anna Nicole's boyfriend Stern

CONWAY -- Five Myrtle Beach area residents have been told to be available to testify in the trial of Howard K. Stern, the boyfriend of Anna Nicole Smith, and two doctors believed to have prescribed medication ... (Source: The Sun News 2010-08-10T04:03:33Z)

AstraZeneca settles Seroquel lawsuits

LONDON — AstraZeneca PLC says it has paid around $198 million to settle U.S. lawsuits over its antipsychotic drug Seroquel. AstraZeneca, which has operations in Westboro, said today it has paid out to around 17,500 ... (Source: Worcester Telegram & Gazette 2010-08-09T20:54:03Z)

Mitchell Considering Detroit and Other Contenders

DETROIT – Red Wings GM Ken Holland and agent Mike Liut finalized a deal to bring Mike Modano home to Detroit. The duo might not be done. Liut also represents free agent defenseman Willie Mitchell, and Holland said he ... (Source: Sporting News 2010-08-06T19:38:52Z)

AstraZeneca to Pay $198 Million to Settle Seroquel Suits

AstraZeneca PLC said Monday it has reached agreements to pay a modest $198 million to settle a little over half of the U.S. lawsuits that allege its antipsychotic drug Seroquel caused diabetes and other harm ... (Source: Law.com 2010-08-10T02:30:29Z)

Iran stoning case lawyer seeking asylum in Norway

Mohammad Mostafaei told reporters on Sunday he chose to flee to Norway after obtaining a one-year Norwegian travel visa. He also cited the Nordic country's prominent human rights profile. The 31-year-old said he fled ... (Source: Today's Zaman 2010-08-09T23:02:54Z)

Deal reached on BP's $20B fund

BP has finished negotiations with DoJ regarding the $20B claims fund. Reuters Close The Justice Department said Monday that negotiations with BP to create a $20 billion claims fund for Gulf Coast residents have finished ... (Source: Politico.com 2010-08-09T15:31:56Z)

Symantec closes purchase of VeriSign unit

Computer security company Symantec Corp. has closed its $1.28 billion acquisition of a unit of VeriSign Inc. that sells security technology to websites, the companies said on Monday. The deal was first announced on May ... (Source: AP - msnbc.com 2010-08-09T20:11:06Z)

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