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, 8:40 am

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)

Chris Johnson says "history deal" is a must next year

Titans running back Chris Johnson is cool with how his contract situation was resolved this offseason. Just don't expect him to stay that way next year . "I couldn't be in here mad. If I was going to come in ... (Source: NBC Sports 2010-08-07T13:03:59Z)

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

NEW YORK (AP) — 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 offering ... (Source: KTLA.com 2010-08-09T14:13:11Z)

A McGrady deal with Pistons could lead to trade later

Tracy McGrady isn't a Piston yet. But there is a possibility the one-time superstar could come to Motown with the hopes of rejuvenating a career that once seemed destined to end in the Hall of Fame. But fans ... (Source: Sacramento Bee 2010-08-09T01:55:53Z)

ACC Football Kickoff Media Tabs Virginia Tech as 2010 Favorite

GREENSBORO, NC - Virginia Tech was the choice of the media assembled for the 2010 Atlantic Coast Conference Football Kickoff to win the ACC's Coastal Division and defeat Florida State for the 2010 ACC Football ... (Source: Atlantic Coast Conference 2010-07-26T16:52:57Z)

Artworks from Lehman for sale

LONDON - ARTWORKS from the European offices of Lehman Brothers are being auctioned to help pay creditors of the failed investment bank. Auctioneer Christie's says the Sept 29 sale will feature works by modern artists ... (Source: Straits Times 2010-08-09T11:21:23Z)

Broadway's Hilton Theatre to Be Renamed the Foxwoods Theatre

Foxwoods Resort Casino, the East Coast resort casino, and Live Nation, the world's largest live music company, announced Aug. 9 a multi-year agreement that grants Foxwoods the exclusive naming rights to the former Hilton ... (Source: Playbill 2010-08-09T14:48:59Z)

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)

"Other Guys" knocks off "Inception" as box-office top

LOS ANGELES — "The Other Guys" are the main guys at the box office, knocking off "Inception" to take the No. 1 spot. The buddy-cop parody starring Will Ferrell and Mark Wahlberg made $35.6 million in its ... (Source: Denver Post 2010-08-09T12:18:39Z)

Lehman Brothers Auctions Off Souvenirs From the Recession

Disaster capitalism diversifies into memorabilia. Christie's will hold an auction next month in London to sell the discards from Lehman Brothers' European offices in an effort to pay off its $613 billion tab ... (Source: Nymag.com 2010-08-09T14:48:59Z)

Titans' Chris Johnson: Signing big-money contract 'is a must' next year

Tennessee Titans RB Chris Johnson is not satisfied with the contract readjustment he agreed to last month. The reigning rushing champ says he intends to have another stellar year and then earn a "history" deal ... (Source: USA Today 2010-08-07T15:48:37Z)

Big Tech IPO of the Day: Skype Tries to Dial Up $100 Million.

After Demand, the deluge. Here comes the next big band name public offering: Skype, which used to be owned by eBay (EBAY) but was sold off to an investment consortium last fall, is going back on the public ... (Source: All Things Digital 2010-08-09T13:44:33Z)

iPhones and other personal devices take Chinese fakes to new level

BEIJING — Apple's iPhone 4 is not officially for sale in China and may not be for several months. Neither is the popular iPad touch-screen tablet. But never mind. Both devices are readily available at a ... (Source: Seattle Times 2010-08-09T05:02:00Z)

Symantec Corp. Closes Buyout Of VeriSign's Identity And Authentication Business ...

(RTTNews) - Symantec Corp. (SYMC) Monday said it completed its acquisition of VeriSign's (VRSN: News ) identity and authentication business, which includes the Secure Sockets Layer and Code Signing Certificate Services ... (Source: RTT News 2010-08-09T14:41:49Z)

ITT sells systems engineering for $235 million

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 this year. CAS ... (Source: AP - msnbc.com 2010-08-09T12:47:17Z)

Ferrell's 'Other Guys' tops box office with $35.6M

LOS ANGELES— "The Other Guys" are the main guys at the box office, knocking off "Inception" to take the No. 1 spot. The buddy-cop parody starring Will Ferrell and Mark Wahlberg made $35.6 million in its ... (Source: Boston Globe 2010-08-09T13:37:24Z)

Art from Lehman Brothers European offices for sale

Artworks from the European offices of Lehman Brothers are being auctioned to help pay creditors of the failed investment bank. Auctioneer Christie's says the Sept. 29 sale will feature works by modern artists including ... (Source: AP - msnbc.com 2010-08-09T10:38:26Z)

Live Nation and Foxwoods Resort Casino sign theater naming rights deal

PRESS RELEASE: "Live Nation and Foxwoods Resort Casino Announce Naming Agreement for New York's Broadway Theatre - 'Foxwoods Theatre'" NEW YORK, NY (BUSINESS WIRE) August 9, 2010 - Foxwoods Resort Casino ... (Source: Ticket News 2010-08-09T14:27:30Z)

Trenches Talk: Chris Johnson Says Negotiations Could Resume During Season

Running back Chris Johnson , in camp with a revised contract, says the Titans have assured him that negotiations toward a long-term deal could resume in September, The Tennessean reported. "Basically I have to ... (Source: YAHOO! 2010-08-06T23:56:34Z)

Virginia Tech picked over FSU to win ACC championship

GREENSBORO, N.C. - Virginia Tech was the choice of media members assembled for the 2010 Atlantic Coast Conference Football Kickoff to win the Coastal Division and defeat Florida State in the ACC Championship ... (Source: Pensacola News Journal 2010-07-26T17:28:45Z)

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 ... (Source: Boston Herald 2010-08-09T15:10:27Z)

Will Ferrell's 'Other Guys' tops box office with $35.6M

LOS ANGELES - "The Other Guys" are the main guys at the box office, knocking off "Inception" to take the No. 1 spot. The buddy-cop parody starring Will Ferrell and Mark Wahlberg made $35.6 million in its opening weekend ... (Source: The Ledger 2010-08-09T14:48:59Z)

No shortage of chances for ACC to improve image

T he Atlantic Coast Conference's reputation has taken plenty of hits since it expanded to 12 teams. The league certainly has plenty of chances this year to shut those critics up. A conference best known for ... (Source: Boston Herald 2010-08-09T08:00:57Z)

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

MCLEAN, Va. (AP) — 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 ... (Source: Chicago Tribune 2010-08-09T12:47:17Z)

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)

Fake electronic devices proliferate in China

BEIJING -- Apple's iPhone 4G is not officially for sale yet in China and may not be for several months. Neither is the popular iPad touch-screen tablet. But never mind. Both devices are readily available at a plethora of ... (Source: Pittsburgh Post-Gazette 2010-08-09T04:19:03Z)

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 2010-08-09T05:02:00Z)

Tech Icon IDG Targets China Fashion

International Data Group for years has been one of the world's top tech investors. In China, it has been an early-round investor for many entrepreneurs that have gone on to become the country's richest ... (Source: Forbes (blog) 2010-08-09T15:10:27Z)

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)

Skype files for IPO of up to $100m

Skype plans to raise up to $100m in an initial public offering, a move that would complete a dramatic journey for the company that less than a year ago was a subsidiary of Ebay . Shares will be listed on the ... (Source: Financial Times 2010-08-09T15:17:37Z)

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