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 15, 2010, 3:40 am

HP Acquires ArcSight In Second Major Deal This Month

Hewlett-Packard Co. (NYSE: HPQ ) said Monday that it has entered into a definitive agreement to acquire ArcSight Inc. (NASDAQ: ARST ) for $1.5 billion, as the world's No. 1 maker of personal computers continues its ... (Source: StreetInsider.com 2010-09-13T14:07:28Z)

Dollar Thrifty deal could boost rental car prices

That says a lot about why Hertz and Avis are fighting over Dollar Thrifty, a chain known for lower rates that appeal to leisure travelers. Dollar Thrifty Automotive Group Inc. accepted Hertz's latest bid of about $1 ... (Source: Pittsburgh Tribune-Review 2010-09-15T03:56:39Z)

Real Estate premium to U.S. bonds signal time to buy property

... have dropped more than 40 percent since the October 2007 top of the market, according to Moody's Investors Service. ... Bonds rated Baa by Moody's are perceived as investments with moderate risk, similar to commercial ... (Source: Daily Business Review 2010-09-01T14:36:01Z)

Court sale of Philly newspapers nears collapse

The bankruptcy sale of The Philadelphia Inquirer and Philadelphia Daily News appears near collapse over the drivers' pension plan. The lenders have until noon Eastern time to pay up on their winning bid for the ... (Source: Trentonian 2010-09-15T05:36:52Z)

Philly news drivers last holdout to court sale

... Philadelphia Inquirer and Philadelphia Daily News have balked at plans to end company contributions to their ... The company also operates the Philly.com website. The Teamsters Union Local 628 said in a ... (Source: Delaware County Daily Times 2010-09-15T09:18:46Z)

Pope seeks to remind Britain about God amid indifference to visit and disgust ...

Pope Benedict XVI ... Britain on Thursday. He faces a daunting task in a nation largely at odds with his policies and where disgust over the church sex abuse scandal runs high. Add to that centuries of anti-Catholic (Source: Republic 2010-09-15T07:38:33Z)

IFC Midnight and Fantastic Fest Broker Simultaneous VOD/Fest Deal

IFC new genre label IFC Midnight announced a partnership with Austin's genre festival Fantastic Fest. Under the pact, four ... Australian horror film "Primal," and Simon Rumley's "Red White & Blue." Three IFC Midnight ... (Source: Huffingtonpost.com 2010-09-14T19:21:15Z)

Details on Hertz's new offer for car rental company Dollar Thrifty, tops Avis ...

NEW OFFER: Dollar Thrifty Automotive Group Inc. has accepted a sweetened takeover bid from Hertz Global Holdings Inc. The $1.43 billion proposal includes $50 per share, up from $41. It trumps a $1.3 billion cash-and ... (Source: Washington Examiner 2010-09-13T16:30:38Z)

Commercial property real deal, better bet than Treasuries, metric shows

... Moody's Investors Service. The gap's widening follows a plunge in bond yields after the global financial ... Bonds rated Baa by Moody's are perceived as investments with moderate risk, similar to commercial real ... (Source: InvestmentNews 2010-09-01T11:29:54Z)

Brazil oil firm Petrobras plans $65 billion stock sale

By Brian Ellsworth RIO DE JANEIRO (Reuters) - Brazilian state oil company Petrobras will sell up to $64.5 billion in new stock -- one of the largest in capital markets history -- to raise funds for the world's ... (Source: msnbc.com 2010-09-03T15:16:36Z)

Suspect in Detroit plane attack plot hints at plea

2010 | 12:11 a.m. A Nigerian man charged with trying to blow up an international flight with nearly ... Umar Farouk Abdulmutallab didn't offer a specific reason for his displeasure with the four-lawyer, publicly ... (Source: Las Vegas Sun 2010-09-15T07:17:05Z)

A brilliant mind and a life deserving close attention

On Sept. 19, Pope Benedict XVI will be in Birmingham, England, to beatify John Henry Newman. Beatification is the penultimate step to canonization - that is, formally becoming a saint. This elevation of ... (Source: Burlington County Times 2010-09-15T06:55:36Z)

HP to buy security software firm ArcSight for $1.5B

The deal calls for Palo Alto-based HP (NYSE: HPQ) to pay $43.50 per share in cash for ArcSight (Nasdaq: ARST), which is based in Cupertino. The acquisition comes on the heels of HP's $2.1 billion purchase of Fremont ... (Source: Sacramento Business Journal 2010-09-13T15:33:22Z)

Brazil's Petrobras imports gasoline on tight supply

* Fuel sales to jump 12 pct in 2010 on tight market (Recasts, adds details, quote, background) RIO DE JANEIRO, Sept 13 (Reuters) - Brazilian state oil company Petrobras is importing gasoline as a result of strong ... (Source: Inside Fidelity 2010-09-13T15:40:32Z)

IFC/Fantastic Fest Form Partnership to Simultaneously Bring Festival Films to VOD

... news has come in for those of us who don't have the funds or the time off from work to attend this year's Fantastic Fest in Austin, Texas ... To have IFC Films and Fantastic Fest back Red White & Blue is a ... (Source: DREAD CENTRAL.COM 2010-09-14T19:35:34Z)

IFC Midnight Lands Fantastic Fest Genre Pics

IFC Midnight, the new genre label of IFC Films, announced Tuesday its first partnership with Austin's Fantastic Fest. Four IFC Midnight acquisitions will screen ... White & Blue," pictured. Three films from the 2009 ... (Source: TheWrap 2010-09-14T18:02:31Z)

A Saintly Conscience

Cardinal John Henry Newman(1801-1890) was at ... conscience may be one of the drivers of his imminent beatification by the pope, who has long been fascinated by Newman. When Benedict XVI, as Cardinal Ratzinger, (Source: Spectator.org 2010-09-15T10:01:43Z)

Protective Life Acquires United Investors for $316 Million

at closing. The deal does not include any outside financing, Protective Life Chairman, President and Chief Executive Officer John D. Johns said during the call. Liberty National is a subsidiary of Torchmark Corp. " (Source: Insurance News Net 2010-09-14T20:47:09Z)

Vatican planning to beatify Cardinal Newman

... century cardinal John Henry Newman ... and Pope Benedict XVI has ruled Sullivan's quick recovery a miracle that resulted from Newman's intercession with God. The ruling clears the way for Newman's beatification (Source: Wichita Eagle 2010-09-15T05:01:04Z)

UPDATE 2-Brazil Petrobras imports gasoline on tight supply

RIO DE JANEIRO, Sept 13 (Reuters) - Brazilian state oil company Petrobras said on Monday it was importing gasoline as a result of soaring domestic market fuel sales, a sign Brazil may become an important ... (Source: Reuters 2010-09-13T17:49:23Z)

HP looks for more financial security with ArcSight deal

HAMPTON, N.H. - Hewlett-Packard (NYSE: HPQ ) acquired ArcSight (Nasdaq: ARST ), a security and network solutions company, for $1.5 billion following its most recent acquisitions of Fortify and Stratavia in August ... (Source: Local Tech Wire 2010-09-14T13:16:11Z)

As Hertz, Avis battle for Dollar Thrifty, vacationers could face higher rental ...

That says a lot about why Hertz and Avis are fighting over Dollar Thrifty, a chain known for lower rates that appeal to leisure travelers. Dollar Thrifty Automotive Group Inc. has accepted Hertz's latest bid of about ... (Source: Chicago Tribune 2010-09-13T21:24:08Z)

Labor Union Blocks Philly Papers Deal

A deal to sell the Philadelphia Inquirer and Philadelphia Daily News collapsed due to a contract impasse with a labor union, The Wall Street Journal reports. The $135 million sale was dependent on reaching new labor ... (Source: Emii.com 2010-09-15T09:04:27Z)

Torchmark Sells Life Unit For $316M

Bank of America Merrill Lynch had been appointed as the financial advisor to Torchmark. Protective Life will pay $316 million in addition to a pre-closing payment of about $332 million. The deal is expected to be ... (Source: Emii.com 2010-09-15T08:57:18Z)

US eyes terror charges for Yemeni cleric al-Awlaki

... Anwar al-Awlaki in case the CIA fails to kill him and he's is captured alive in Yemen. The ... The Nigerian man charged with the attempted bombing, Umar Farouk Abdulmutallab, suggested in Detroit federal court ... (Source: The Oakland Press 2010-09-15T09:40:15Z)

Catholics will show 'loyalty' to pope on visit to Britain

LONDON - The leader of Roman Catholics in England and Wales said Wednesday he was confident the faithful would show "profound loyalty" towards Pope Benedict XVI on his visit to Britain this week. Archbishop Vincent ... (Source: Calgary Herald 2010-09-15T07:45:43Z)

Protective Life acquires United Investors Life Insurance Co. in $316M deal

... subsidiary of Birmingham-based Protective Life Corp . (NYSE: PL). Liberty National Life Insurance Co. is a subsidiary of Torchmark Corp. (NYSE: TMK). The acquisition and related transactions, including pre ... (Source: Birmingham Business Journal 2010-09-14T16:07:59Z)

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)

Pope travels to Britain amid indifference, outrage

Pope Benedict XVI ... Britain on Thursday. He faces a daunting task in a nation largely at odds with his policies and where disgust over the church sex abuse scandal runs high. Add to that centuries of anti-Catholic (Source: AP - msnbc.com 2010-09-15T07:31:24Z)

Commercial real estate-Treasury bond spread spikes

... Moody's Investors Service. The gap's widening follows a plunge in bond yields after the global financial ... Bonds rated Baa by Moody's are perceived as investments with moderate risk, similar to ... (Source: Worcester Telegram & Gazette 2010-09-01T14:57:30Z)

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