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, 6:39 pm

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)

Darrelle Revis deal not looking close

CORTLAND, N.Y. -- The New York Jets , responding to a new contract proposal made last Friday by Darrelle Revis ' agents, painted a bleak picture Monday of the contract stalemate. A grim-faced Woody Johnson ... (Source: ESPN.com 2010-08-10T00:50:17Z)

ITT agrees to sell CAS Inc.

ITT Corp. has signed a definite agreement to sell CAS Inc., its systems engineering and technical assistance services business, to Virginia-based Wyle Information Systems Inc. for $235 million. ITT leaders said the sale ... (Source: Rochester Business Journal 2010-08-09T20:18:16Z)

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)

Pros and Cons of Skype IPO (PC World)

PC World - Skype is planning a $100 million initial public offering (IPO) less than a year after spinning off from eBay and being acquired by private investors. The prospectus for the planned IPO illustrates that Skype ... (Source: Bayou Buzz 2010-08-09T22:41:26Z)

ITT sells engineering and technical assistance services business CAS for $235 million

MCLEAN, VA. — ITT Corp. will sell its systems engineering and technical assistance services business to Wyle for $235 million, the defense contractor said Monday. The sale of CAS Inc. is expected to close by the end of ... (Source: Washington Examiner 2010-08-09T12:54:27Z)

ITT Corp. (ITT) Announces $235M Sale of CAS to Wyle

ITT Corporation (NYSE: ITT ) today announced it has signed a definitive agreement to sell CAS, Inc., its systems engineering and technical assistance (SETA) services business, to Wyle for $235 million. The sale is ... (Source: StreetInsider.com 2010-08-09T11:57:11Z)

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)

Mexico Ex-President Calls for Drug Legalization Amid Violence

Aug. 9 (Bloomberg) -- Former Mexican President Vicente Fox said his country should legalize the production and sale of drugs in order to curb rising cartel-related violence. Legalizing narcotics would curb ... (Source: BusinessWeek 2010-08-09T16:57:50Z)

VeriSign Closes Sale Of Its Authentication Services Business To Symantec For Approx ...

(RTTNews) - Internet infrastructure services proivder VeriSign, Inc. (VRSN: News ) said it completed the sale of its Authentication Services business to Symantec Corp. (SYMC: News ) for approximately $1.28 billion in ... (Source: RTT News 2010-08-09T15:10:27Z)

Elan puts sale of drug delivery unit on hold

LOS ANGELES, Aug 9 (Reuters) - Irish drugmaker Elan Corp PLC announced on Monday plans to restructure its debt and said it has temporarily shelved plans to spin off its drug delivery division due to unfavorable market ... (Source: The Guardian 2010-08-09T22:05:38Z)

Internet calling service Skype files for US IPO, to offer shares to customers

NEW YORK - Skype SA, the Internet calling service that was controlled until last year by eBay Inc., filed Monday for a U.S. initial public offering. Luxembourg-based Skype tentatively put the value of the ... (Source: Minneapolis Star Tribune 2010-08-09T18:23:44Z)

Drugmaker Elan outlines plan to cut debt, interest

Irish drugmaker Elan Corp. Plc announced on Monday a plan that could reduce its debt by about 20 percent to $1.24 billion and cut its annual interest costs by up to $10 million. The company said it expects to use cash on ... (Source: AP - msnbc.com 2010-08-09T22:05:38Z)

Updated Line-Up For TNA's "Whole F'n Show" Impact

The following is a complete, updated line-up for this Thursday's "Whole F'n Show" edition of TNA Impact!: -Rob Van Dam vs. Abyss in a Stairway to Janice match for the TNA Title with Eric Bischoff as special referee ... (Source: Wrestle Zone 2010-08-10T01:11:45Z)

Turkish power groups sold to convicted tycoon

A privatisation auction of four of Turkey's 20 regional electricity distribution companies has resulted in two being sold to a consortium co-owned by a businessman recently sentenced to jail for embezzlement ... (Source: Financial Times 2010-08-09T19:13:50Z)

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)

Mexico Ex-President Fox Calls for Drug Legalization

(Adds comments from Fox interview in fifth paragraph.) Aug. 9 (Bloomberg) -- Former Mexican President Vicente Fox said his country should legalize the production and sale of drugs in order to curb rising ... (Source: BusinessWeek 2010-08-09T17:47:56Z)

Chesapeake sells $2 bln in 2-part debt sale - IFR

NEW YORK Aug 9 (Reuters) - Chesapeake Energy ( CHK.N ) on Monday sold $2 billion in debt in a two-part sale, up from an originally planned $1.6 billion, said IFR, a Thomson Reuters service. The sale included $1.4 billion ... (Source: Reuters India 2010-08-09T21:51:19Z)

TNA News: Spike Hypes The August 12th Impact, Bound For Glory VIP Packages On Sale, More

- The VIP ticket packages for the October 10th Bound for Glory PPV go on sale today. - TNA will be announcing more names for HardCORE Justice through out the week, mainly on the TNA Today program. [Credit: Pwinsider.com ... (Source: 411mania.com 2010-07-30T15:00:50Z)

Mexico Ex-President Fox Calls for Drug Legalization as Way to End Violence

Former Mexican President Vicente Fox said his country should legalize the production and sale of drugs in order to curb rising cartel-related violence. Legalizing narcotics would curb financing to organized ... (Source: Bloomberg 2010-08-09T16:57:50Z)

Owner Woody Johnson not optimistic that new deal with Darrelle Revis will be reached ...

Updated: 6:30 pm. CORTLAND --- Darrelle Revis isn't coming to Cortland anytime soon. On a day when Rex Ryan admitted the Jets are preparing to play without Revis, the All-Pro cornerback's agents and the team's ... (Source: New York Daily News 2010-08-09T22:55:45Z)

WellPoint launches $1 bln 2-part debt sale - IFR

NEW YORK Aug 9 (Reuters) - WellPoint Inc ( WLP.N ) on Monday launched its $1 billion two-part debt sale, said IFR, a Thomson Reuters service. The amount of issue was increased from an announced $750 million ... (Source: Reuters 2010-08-09T16:50:40Z)

Skype Files For IPO Worth Up To $100 Million

Skype on Monday filed a form S-1 with the U.S. Securities and Exchange Commission, the usual first step for a company readying an initial public offering. Skype said it plans to offer $100 million in shares, and expects ... (Source: CRN 2010-08-09T18:38:03Z)

Jets owner Woody Johnson not optimistic about Darrelle Revis getting deal by Week 1

CORTLAND, N.Y. Jets owner Woody Johnson is not optimistic that a deal for All-Pro cornerback Darrelle Revis will be done by the beginning of the regular season. The Jets rejected an offer proposed by Revis ... (Source: FOX News 2010-08-09T22:12:48Z)

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)

Highest bid $1.92 billion in sale of state-run electricity distribution company

The highest offer came from a Turkish consortium, İş-Kaya and MMEKA, in the sale of 100 percent shares of the Turkish Electricity Distribution Corporation (TEDAŞ) in its affiliate Gediz Electricty Distribution Co. as ... (Source: Today's Zaman 2010-08-09T13:23:05Z)

LIVE ONGOING SPOILERS FROM TNA'S FREE-PER-VIEW IMPACT TAPING - THE ECW ANGLE IS NOT ...

Dark Match: Jesse Neal beat a local guy. Impact: Kurt Angle vs. AJ Styles is up first. Angle beat AJ with The Angle Lock. Angelina Love beat Madison Rayne for the Knockouts Title. Jeff Hardy over Shannon Moore with The ... (Source: Pro Wrestling Insider 2010-08-10T01:04:36Z)

UPDATE 1-ILFC to sell $2.5 bln of debt in three parts -IFR

NEW YORK, Aug 9 (Reuters) - AIG's aircraft leasing unit, International Lease Finance Corp, plans to sell $2.5 billion of debt in three parts, said IFR, a Thomson Reuters service, on Monday. The sale will include $900 ... (Source: Finanz Nachrichten 2010-08-09T21:08:22Z)

Turkey Raises $5.76 Billion in Sale of Power Grids

(Updates with fourth sale starting in first paragraph.) Aug. 9 (Bloomberg) -- Turkey raised $5.76 billion from auctions of four electricity grids, including the network on the European side of Istanbul, the ... (Source: BusinessWeek 2010-08-09T16:07:43Z)

UPDATE 1-Elan puts sale of drug delivery unit on hold

LOS ANGELES Aug 9 (Reuters) - Irish drugmaker Elan Corp PLC ( ELN.I ) announced on Monday plans to restructure its debt and said it has temporarily shelved plans to spin off its drug delivery division due to ... (Source: Reuters 2010-08-09T21:51:19Z)

Blog Archive