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 / September 14, 2010, 6:41 pm

Stocks climb Monday on bank reform, China growth, deals

... Hertz Global Holdings Inc.'s acquisition offer ... The Dow Jones industrial average rose 81.36, or 0.8 percent, to 10,544.13. The S&P 500 index rose 12.35, or 1.1 percent, to 1,121.90, while the Nasdaq composite ... (Source: Pioneer Press 2010-09-14T02:53:24Z)

Avis raises cash offer for Dollar Thrifty

... Dollar Thrifty will vote on the Hertz proposal on Sept. 16. Dollar Thrifty rose 56 cents, or 1.2 percent, to $48.05 at 4:15 p.m. in New York Stock Exchange composite ... Plc and Bank of America Corp.' (Source: NJ.com 2010-09-02T20:39:54Z)

Suspect In Detroit Plane Attack Hints at Plea

DETROIT | A Nigerian man charged with trying to blow up an international flight with nearly 300 ... Umar Farouk Abdulmutallab didn't offer a specific reason for his displeasure with the four-lawyer, publicly financed ... (Source: The Ledger 2010-09-14T02:39:05Z)

Stocks climb on bank reform, China growth and deals

said it accepted Hertz Global Holdings Inc.'s acquisition offer. Acquisitions are often a sign that companies are confident the economy is going to expand soon. The Dow Jones industrial average rose about 56 points ... (Source: Jamaica Gleaner 2010-09-14T11:14:29Z)

Cnooc Interest in Brazil Driven by China Oil, Chemicals Demand

China's biggest explorer for offshore oil and gas ... which surpassed Japan as the world's second- largest in the second quarter. Chinese investment in Latin America nearly doubled in 2009 to $7.33 billion from $ ... (Source: BusinessWeek 2010-09-15T00:21:54Z)

Stocks climb on banking reform, China growth (closing bell)

The Dow Jones industrial average rose 81 points for its eighth gain in the past nine ... said it accepted Hertz Global Holdings Inc.'s acquisition offer. Acquisitions are often a sign that companies are confident the ... (Source: Daily Freeman 2010-09-14T07:54:03Z)

Cnooc, Sinopec Interest in Brazil Driven by Chinese Oil, Chemical Demand

China's biggest explorer for offshore oil and gas ... which surpassed Japan as the world's second- largest in the second quarter. Chinese investment in Latin America nearly doubled in 2009 to $7.33 billion from $ ... (Source: Bloomberg 2010-09-15T00:21:54Z)

MARKET SNAPSHOT: U.S. Stock Rise Puts Indexes In The Black For 2010

More than three stocks gained for every declining issue on the New York Stock Exchange, where more than 935 million shares traded ... Dollar Thrifty Automotive Group Inc. (DTG) said it would accept the latest offer ... (Source: Smart Money 2010-09-13T21:31:17Z)

AT&T To Offer Samsung Galaxy Tab, BlackBerry Torch Red & White, And Samsung Focus ...

Our eyes are enjoyed to see the latest leaks from AT&T, giving us news about some freshly emerged devices. The first device on our list is the new Galaxy Tab. As you already know, is an Android 2.2-based tablet that ... (Source: Soft Sailor 2010-09-14T12:26:04Z)

Sanofi ready to raise bid if Genzyme talks: report

PARIS (Reuters) - French drugmaker Sanofi-Aventis would be prepared to moderately raise its $69 per share offer for Genzyme if the U.S. biotech agreed to negotiate, Dow Jones reported, citing a person ... (Source: Reuters 2010-09-05T16:40:07Z)

Stuy-Town Residents Could Get Co-Op Offer

Two investors vying for control of the massive apartment complexes Stuyvesant Town and Peter Cooper Village have ... a group that includes Pershing Square Capital Management and Winthrop Realty Trust try to assume ... (Source: NBC New York 2010-09-09T23:59:12Z)

China-South Africa deals highlight great-power rivalry in Africa

... Chinese ... China), where Zuma did deals as part of South Africa's bid to join BRIC. The grouping is a loose coalition, seeking to counter the global influence of the established powers of the US, Europe and ... (Source: World Socialist Web Site 2010-09-13T06:00:43Z)

U.S. ponders charging radical cleric

... Awlaki in the event that the CIA fails to kill him and he is captured alive in Yemen. The ... The Nigerian man charged with the attempted bombing, Umar Farouk Abdulmutallab, suggested in a Detroit federal court ... (Source: Washington Times 2010-09-15T00:43:22Z)

PolyOne makes tender offer in order to retire debt

PolyOne will offer $360 million in 7.375 percent senior notes, due in 2020, to pay for the tender offer and general corporate expenses, Amanda Marko, company spokeswoman, said. "Since interest rates are so low ... (Source: Morning Journal 2010-09-14T05:16:34Z)

Option Players React as Hewlett-Packard Company Wins Bidding War for 3PAR Inc.

And the winner is... Hewlett-Packard Company (HPQ)! This morning the bidding war for 3PAR Inc. (PAR) was ended after Dell Inc (DELL) said that it would not counter HPQ's latest offer. This ends three weeks of a ... (Source: Schaeffer's Investment Research 2010-09-02T17:48:06Z)

Europe shares extend losses; economic data awaited

LONDON, Sept 14 (Reuters) - European shares extended losses in choppy trade on Tuesday, as traders cited caution ahead of the release of data from Germany and the United States which is likely to reflect the pace of ... (Source: Inside Fidelity 2010-09-14T09:05:38Z)

Glance-Europe Factors-Shares seen adding to last week's rally

PARIS, Sept 6 ... COMPANY NEWS: SANOFI-AVENTIS The French drugmaker would be prepared to moderately raise its $69 per share offer for Genzyme if the U.S. biotech agreed to negotiate, Dow Jones reported, citing a person ... (Source: CNBC 2010-09-06T06:16:10Z)

PolyOne Prices Senior Notes In Underwritten Public Offering - Quick Facts

... discount and estimated offering expenses. PolyOne intends to use the net proceeds of the offering to finance the Company's cash tender offer for any and all of its $280 million outstanding 8.875% Senior Notes ... (Source: RTT News 2010-09-13T19:51:04Z)

Galaxy Tab, 6 WP7 Phones Launching Q4 on AT&T

Engadget this morning got a boatload of information on AT&T's upcoming holiday line-up and aside from the red and white BlackBerry Torch options, the one that's catching our eye is the Galaxy Tab. Word is that the 7 ... (Source: Tom's Guide 2010-09-15T00:00:25Z)

Hewlett-Packard Raises Bid for 3Par ... Again

The bidding war between rival PC makers Dell ( DELL ) and Hewlett-Packard ( HPQ ) over small data storage company 3Par ( PAR ) has heated up once again. HP announced Thursday that it is increasing its tender offer to ... (Source: Daily Finance 2010-09-02T15:17:47Z)

Stocks climb on bank reform, China growth, deals

... four stocks rose for every one that fell on the New York Stock Exchange ... Dollar Thrifty rose $2.48, or 5.2 percent, to $50.49, while Hertz rose 71 cents, or 7.1 percent, to $10.76. Genzyme Corp. said it will sell ... (Source: AP - msnbc.com 2010-09-13T19:08:07Z)

Investors propose deal to let Stuyvesant Town and Peter Cooper Village go co-op

... Stuyvesant Town and Peter Cooper Village want to convert the 80-acre middle-class housing complex in the heart of Manhattan into co-ops - with a twist. Pershing Square Capital Management and Winthrop Realty ... (Source: New York Daily News 2010-09-14T08:51:19Z)

PolyOne Corp. prices $360M in notes at 7.375 pct

... discounts and estimated offering expenses are subtracted. PolyOne intends to use the net proceeds to finance the company's cash tender offer for its $280 million outstanding 8.875 percent senior notes due 2012. (Source: AP - msnbc.com 2010-09-13T21:09:49Z)

Stuyvesant Town Judge Puts Off Foreclosure Ruling

... said he will rule later this month on whether to stop a foreclosure sale on the Stuyvesant Town-Peter Cooper Village ... by Ackman's Pershing Square Capital Management LP and by Winthrop Realty Trust. (Source: San Francisco Gate 2010-08-31T23:55:33Z)

DEALTALK-Investors unwrap "pass the parcel" buyout deals

LONDON, Sept 13 (Reuters) - Is private equity getting lazy ... Across Europe, their number has increased by 58 percent in 2010, according to data from Thomson Reuters, compared with a 23 percent rise for all private ... (Source: Reuters 2010-09-13T08:52:30Z)

Detroit bomb plot suspect fires lawyers, hints at plea deal

DETROIT -- A Nigerian man charged with trying to blow up an international flight with nearly 300 ... Umar Farouk Abdulmutallab didn't offer a specific reason for his displeasure with the four-lawyer, publicly ... (Source: Pittsburgh Tribune-Review 2010-09-14T03:57:50Z)

BlackBerry Torch Won't Help RIM Shares

RIM's stock price is highly sensitive to changes in the company's mobile phone market share. As a result, unsuccessful phones like the Torch can destroy a great deal of shareholder value. There could be a downside of ... (Source: Street.Com 2010-09-03T16:35:20Z)

French and Benelux stocks-Factors to watch on Sept 6

PARIS, Sept 6 (Reuters ... SANOFI-AVENTIS The French drugmaker would be prepared to moderately raise its $69 per share offer for Genzyme if the U.S. biotech agreed to negotiate, Dow Jones reported, citing a person ... (Source: CNBC 2010-09-06T07:13:26Z)

Europe shares hit multi-month high on Basel, China

LONDON, Sept 13 (Reuters) - European shares climbed to their highest in ... billion euros ($9.9 billion) to absorb Deutsche Postbank, Germany's ... The STOXX Europe 600 basic resources index .SXPP gained 1.8 percent ... (Source: Reuters 2010-09-13T11:44:18Z)

HP Wins 3PAR Bid, Dell Loses

After a long, drawn-out bidding battle with rival Dell Inc. (NasdaqGS: DELL - News ), Hewlett-Packard Co. (NYSE: HPQ - News ) has managed to secure the 3PAR Inc. (NYSE: PAR - News ) acquisition. The bidding closed ... (Source: Yahoo Finance 2010-09-03T17:25:27Z)

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