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Deals of the Hour / September 1, 2010, 1:40 pm

Lions Gate Stock Spikes on Icahn Offer

NEW YORK (TheStreet) -- Lions Gate Entertainment ( Symbol : LGF ) shares reached a 52-week high today after activist investor Carl Icahn upped his bid for the film studio company to $7.50 per share. Icahn has been ... (Source: Inside Fidelity 2010-08-31T17:07:32Z)

U.S. Auto Sales 'Frail' In August

DETROIT (AP) -- Auto sales, once a bright spot in the economic recovery, grew fainter last month. General Motors Co.'s August sales fell 7 percent from July, and an even sharper 25 percent from August of 2009, when ... (Source: Industrial Distribution 2010-09-01T19:22:21Z)

Nation's top automakers report falling sales

Once a bright spot in the economic recovery, auto sales stalled last month in the U.S. The pain was widespread. Big car companies General Motors, Ford and Toyota all saw sales slip. Smaller automakers like Subaru ... (Source: AP - msnbc.com 2010-09-01T19:22:21Z)

Apple's iTunes in talks about Fox programs

Apple is in advanced talks with News Corp. to let iTunes users rent TV shows for 99 cents and is in discussions with other media companies about similar deals, said three people familiar with the plan. Viewers ... (Source: Tacoma News Tribune 2010-08-25T07:56:18Z)

BYU signs football deal with ESPN

PROVO, Utah—BYU athletic director Tom Holmoe says the Cougars' move to independence in football has plenty of risks and he hopes even bigger rewards. Holmoe gave some details Wednesday about BYU's ... (Source: San Jose Mercury News 2010-09-01T19:08:02Z)

Ted Deutch, Ron Klein speak out against federal court ruling on stem cells

They will be joined at a Wednesday afternoon news conference by Bernard Siegel, executive director of the Genetics Policy Institute and founder of the World Stem Cell Summit. Also present will be families, advocates, and ... (Source: Weblogs.sun-sentinel.com 2010-09-01T14:43:11Z)

Apple announces iPhone Wi-Fi video upgrade, new iPod line

SAN FRANCISCO - Apple CEO Steve Jobs is introducing a new line of iPods. Jobs is unveiling a new iPod Nano without any buttons. It has a touch screen instead. He also is introducing a new iPod Shuffle, the ... (Source: KING-5 2010-09-01T17:27:49Z)

Apple CEO Jobs announces new iPod lineup

SAN FRANCISCO (AP) -- Apple Inc. CEO Steve Jobs announced a new line of iPods on Wednesday, including a Nano model that has a touch screen and lacks buttons. Like previous versions, the Nano has a built-in FM tuner ... (Source: Yahoo Finance 2010-09-01T17:34:59Z)

Pieces in 'Art Spaces' show at Mindy Solomon Gallery would fit into homes, not ...

Does food taste better on a ceramic instead of paper plate? For some reason, yes. I think it's true in general that if we care about and take pride in the way we live, life in general is better. Part of ... (Source: St. Petersburg Times 2010-09-01T16:59:11Z)

Lionsgate (LGF) To Review Increased $7.50/Share Tender Offer from Icahn

Lionsgate (NYSE: LGF ) announced today that they acknowledge receiving an unsolicited offer from Carl Icahn to acquire all outstanding LGF shares at $7.50, and consistent with their fiduciary duties, the Board will ... (Source: StreetInsider.com 2010-08-31T14:37:12Z)

Sheriff Says Suspect In Calif Triple Slaying Confessed

LOS ANGELES (AP) - Officials say a man has confessed to fatally shooting three men in a West Hollywood apartment after a drug deal went bad. Los Angeles County Sheriff's Lt. Pat Nelson said Wednesday that Harold Yong ... (Source: msnbc.com 2010-09-01T20:19:37Z)

Burger King may be mulling possible sale

Burger King Holdings Inc., the No. 2 U.S. hamburger chain, has been considering a possible sale and has held talks with potential buyers, a source familiar with the situation said on Wednesday. The company, which has ... (Source: msnbc.com 2010-09-01T14:28:52Z)

U.S. auto sales may reach 28-Year low for August

Aug. 31 (Bloomberg) -- U.S. auto sales in August probably were the slowest for the month in 28 years as model-year closeout deals failed to entice consumers concerned the economy is worsening and they may ... (Source: Washington Post 2010-08-31T14:15:44Z)

BYU signs on with ESPN, Notre Dame

Provo • BYU has entered into an eight-year partnership with ESPN to televise every home football game, it was announced Wednesday. At a press conference announcing the independence of their football program, the Cougars ... (Source: Salt Lake Tribune 2010-09-01T19:50:59Z)

BHP's Offer Doesn't Impress Potash Shareholders

TORONTO -(Dow Jones)- Some shareholders of Potash Corp. of Saskatchewan ( POT ) are looking at BHP Billiton Ltd.'s ( BHP ) $130-a-share offer as little more than a starting point. The Anglo-Australian ... (Source: FOXBusiness 2010-08-18T22:52:14Z)

Report: Burger King considers sale to private-equity firms

The Wall Street Journal, citing sources it did not name, said talks have taken place in recent weeks. But the status of any talks remains unclear. The newspaper cited one of the interested firms as British ... (Source: USA Today 2010-09-01T14:57:30Z)

Sheriff: Suspect in Calif triple slaying confessed

Officials say a man has confessed to fatally shooting three men in a West Hollywood apartment after a drug deal went bad. Los Angeles County Sheriff's Lt. Pat Nelson said Wednesday that Harold Yong Park was ... (Source: AP - msnbc.com 2010-09-01T19:22:21Z)

BYU athletic director says Cougars will take risks that come with independence

PROVO, Utah (AP) — BYU athletic director Tom Holmoe says the Cougars' move to independence in football has plenty of risks and he hopes even bigger rewards. Holmoe gave some details Wednesday about BYU's ... (Source: Chicago Tribune 2010-09-01T19:08:02Z)

Auto sales may hit new low

SOUTHFIELD, Mich. — Auto sales in August probably were the slowest for the month in 28 years as model-year closeout deals failed to entice consumers concerned the economy is worsening and they may lose ... (Source: Bradenton Herald 2010-09-01T04:06:05Z)

Is Apple Entering Streaming Video Market?

Apple ( AAPL ) may be negotiating a deal with CBS ( CBS ), Disney ( DIS ) and News Corp ( NWS ) to stream TV shows through iTunes for 99 cents an episode, according to a recent Bloomberg report. This deal ... (Source: Seekingalpha.com 2010-09-01T15:11:49Z)

Apple's Steve Jobs shows new iPod touch, shuffle, nano

Apple CEO Steve Jobs took the stage this morning to unwrap a new lineup of iPods -- including a new iPod touch with features similar to the iPhone 4, a redesigned iPod shuffle and a multi-touch iPod nano ... (Source: Inside Bay Area 2010-09-01T17:49:18Z)

New York Yankees acknowledge 'preliminary discussion' regarding partial sale of ...

TAMPA — The New York Yankees acknowledge "very preliminary discussions" regarding the partial sale of their minor league Tampa Yankees affiliate, but deny the possible deal would have any impact on the ... (Source: St. Petersburg Times 2010-09-01T19:00:53Z)

Apple Planning $0.99 iTunes TV Rentals?

Unconfirmed reports have Apple in talks with News Corp and others about offering 48-hour rentals of popular television shows for $0.99. Apple's iTunes service has been offering television episodes for sale for $1.99 ... (Source: Digitaltrends.com 2010-08-25T17:21:48Z)

Pete Carroll Pranks the Seahawks (VIDEO)

Seahwaks coach Pete Carroll hid a fake snake in a Gatorade cooler in his office, then filmed the incredibly large men who play for him jumping and squealing in fear after they'd gone face-to-face with the rubber ... (Source: Seattle Weekly (blog) 2010-08-26T20:48:12Z)

Seahawks structure new deal with Leroy Hill, trade cornerback Josh Wilson [The ...

Sept. 01--Leroy Hill's future appeared tenuous this month, the linebacker in danger of being cut out of Seattle's plans until he agreed to a new deal Tuesday for a lot less money and more short-term security. That was ... (Source: Insurance News Net 2010-09-01T08:30:57Z)

Charley Walters: Minnesota Vikings coach Brad Childress says Seattle Seahawks' Pete ...

Vikings coach Brad Childress knows Pete Carroll, the first-year Seattle Seahawks coach he'll oppose Saturday at the Metrodome, but not well. "I know him well enough to have called him on draft day and asked ... (Source: Pioneer Press 2010-08-26T04:56:09Z)

Aug. auto sales may be worst in years

For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think cash-for-clunkers, which paid up to $4,500, or promotions that offered employee ... (Source: Detroit Free Press 2010-09-01T16:44:52Z)

CORRECTED - UPDATE 2-Burger King been considering sale -source

NEW YORK, Sept 1 (Reuters) - Burger King Holdings Inc ( BKC.N ), the No. 2 U.S. hamburger chain, has been considering a possible sale and has held talks with potential buyers, a source familiar with the ... (Source: Reuters 2010-09-01T12:27:10Z)

U.S. Auto Sales May Hit 28-Year Low in August as Discounts Flop

Aug. 31 (Bloomberg) -- U.S. auto sales in August probably were the slowest for the month in 28 years as model-year closeout deals failed to entice consumers concerned the economy is worsening and they may ... (Source: BusinessWeek 2010-08-31T04:14:26Z)

Sheriff: Suspect in West Hollywood triple slaying admits killing men after drug ...

LOS ANGELES - Officials say a man has confessed to fatally shooting three men in a West Hollywood apartment after a drug deal went bad. Los Angeles County Sheriff's Lt. Pat Nelson said Wednesday that Harold Yong Park ... (Source: Minneapolis Star Tribune 2010-09-01T19:22:21Z)

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