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 2, 2010, 11:41 pm

Steven Spielberg Boards Locke & Key Adaptation

Vulture has learned that Joe Hill's comic Locke & Key will no longer be coming to theaters ... Friedman ("Terminator: The Sarah Connor Chronicles") will write and produce. Kurtzman and Orci recently signed a deal ... (Source: Coming Soon! 2010-08-24T05:05:41Z)

Source Interlink sells off division

Alliance Entertainment, to focus on its magazine publishing and distribution ... was purchased by Platinum Equity and The Gores Group. Financial terms of the transaction were not disclosed. "In today's economy, (Source: News-Press 2010-09-03T05:29:37Z)

McLeish laughs off talk of landing Euro berth

Birmingham City boss Alex McLeish has insisted that talk of his side qualifying ... Czech Republic defender Martin Jiranek and Belarus midfielder Alexander Hleb sign. "That's nonsense to start talking about that ... (Source: ESPN Soccernet 2010-09-02T06:56:42Z)

Berkshire Bids For $500M Wesco Stake

Warren Buffett 's Berkshire ... Berkshire purchased its 80.1% stake in Wesco 30 years ago for more than $30 million. The deal is awaiting approval from a majority of Wesco's minority shareholders. Click here for ... (Source: Emii.com 2010-09-02T10:09:59Z)

Hleb, Jiranek join English side Birmingham

... in Alexander Hleb ... Premier League with Arsenal, joined on a season-long loan deal from Spanish champion Barcelona. The Belrus midfielder spent last season on loan at Stuttgart. Birmingham manager Alex McLeish (Source: Syracuse Post-Standard 2010-08-31T14:51:31Z)

Alcatel-Lucent Adds Another Apps Company To The Stable

In its second acquisition in three months, Alcatel-Lucent is buying OpenPlug, a mobile software vendor. Terms of this deal have not been disclosed. In June, the company acquired ProgrammableWeb, which acts ... (Source: Communications Technology 2010-09-02T17:19:28Z)

Alliance Entertainment sold to private groups

Alliance Entertainment, which has a warehouse in Shepherdsville, has been sold to two equity firms. Platinum Equity and The Gores Group purchased the company from Source Interlink Companies, Inc. Details ... (Source: Courier-Journal 2010-09-02T17:33:47Z)

Fox Commits to Joe Hill's Locke & Key

Joe Hill's comic book Locke & Key is eschewing a run in theaters and will instead be adapted ... Friedman ( Terminator: The Sarah Connor Chronicles ) will write and produce. Kurtzman and Orci recently signed a deal ... (Source: ShockTillYouDrop.com 2010-09-02T00:51:38Z)

HP boosts 3Par offer as Dell bows out

NEW YORK — Hewlett-Packard Co. offered to buy 3Par Inc. for about $2.3 billion, ending an 18-day bidding war with Dell Inc. for the maker of storage systems and stepping up its rivalry with EMC Corp ... (Source: Boston Globe 2010-09-03T05:43:56Z)

Kumar Says HP's Offer for 3Par `Extremely Expensive': Video

talks about Hewlett-Packard Co.'s agreement to buy 3Par Inc. Hewlett-Packard offered to buy 3Par for $2.35 billion, ending an 18-day bidding war with Dell Inc. for the maker of storage… (Source: Yahoo Finance 2010-09-03T00:36:08Z)

3G Capital Buyout: "Good Thing" for Burger King

analysts seem to think the $4 billion sale is a good deal for Burger King. BK, America's second-biggest burger chain after McDonald's, has been down this road before, having gone public in 2006, which is why some ... (Source: Wall Street Journal 2010-09-02T16:07:53Z)

Alex McLeish is 'inches' from new deal

... Alex McLeish ... Alexander Hleb, Martin Jiranek and Jean Beausejour. The Scot, who still has a year left to run on his current deal, is being rewarded for Birmingham's first season back in the Barclays Premier ... (Source: The Scotsman 2010-09-03T02:44:59Z)

Burger King sets sights overseas after $3.26B sale to 3G Capital

Burger King has more than 12,100 locations around the world and perennially lags its far larger competitor McDonald's Corp. It struggled to keep up with its rival during the economy's roller coaster of the past two ... (Source: Asbury Park Press 2010-09-03T01:19:05Z)

Economy gets slight boost

WASHINGTON — A weak economy got a little lift ... an economist at Decision Economics, wrote in a note to clients. In a separate report, the Labor Department said productivity fell in the spring by the largest ... (Source: Cape Cod Times 2010-09-03T06:05:25Z)

Coyotes re-sign RW Lee Stempniak to 2-year deal

GLENDALE, Ariz.— The Phoenix Coyotes have re-signed right wing Lee Stempniak to a two-year contract. Details of the contract were not released. Stempniak had 14 goals and four assists in 18 games with ... (Source: Boston Globe 2010-08-31T09:15:05Z)

Dell Inc. Drops 3Par Bid

Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc. Dell said Thursday it won't match HP's offer to pay $33 per share for 3Par, or about $2.07 ... (Source: The Ledger 2010-09-03T05:58:15Z)

Boston Scientific to Participate in Morgan Stanley Global Healthcare Conference

... PRNewswire-FirstCall ... participate in the Morgan Stanley Global Healthcare Conference on September 14th in New York City. Ray Elliott, President and Chief Executive Officer and Jeff Capello, Executive Vice ... (Source: Phramalive.com 2010-09-02T16:15:03Z)

Burger King Agrees to $3.3 Billion 3G Capital Offer

Burger King, which trails only McDonald's Corp. in the U.S., has seen a slower recovery than its larger rival as its clientele suffered more from the recession, said Tom Forte, an analyst at New York-based Telsey ... (Source: BusinessWeek 2010-09-02T16:50:50Z)

Alcatel-Lucent acquires OpenPlug for an undisclosed sum

... is the second acquisition that Alcatel-Lucent has made over the past three months to expand and enhance the application ecosystem. The company had acquired ProgrammableWeb in June 2010. The OpenPlug toolset will ... (Source: TMCnet 2010-09-02T13:08:56Z)

Bridgepoint Education's Ashford University Partners With 'Project Working Mom 2010' to Offer 30 ...

Jan. 15 /PRNewswire-FirstCall/ -- Bridgepoint Education, Inc ... executive vice president of marketing for eLearners.com. "For many parents, they weren't able to get the education they wanted because life just got in ... (Source: SmartBrief 2010-08-30T07:50:22Z)

Spielberg To Make 'Locke & Key' TV Series

... Transformers) and writer/producer Josh Friedman (Terminator: The Sarah Connor Chronicles) to make a major TV franchise out of the comic series 'Locke & Key'. The series is written by Joe Hill, son of ... (Source: FanBolt.Com 2010-08-25T16:10:13Z)

Marathon Oil Corporation to Participate in the Barclays CEO Energy/Power ...

HOUSTON , Sept. 2 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO ) announced today that Dave Roberts , Marathon executive vice president, Upstream, will be presenting at the Barclays CEO Energy/Power ... (Source: StreetInsider.com 2010-09-02T13:44:44Z)

Jobs data offer hope

WASHINGTON -- A weak economy ... late spring and early summer," Pierre Ellis , an economist at Decision Economics, wrote in a note to clients. In a separate report, the Labor Department said productivity fell in the ... (Source: Times Union 2010-09-03T04:03:43Z)

Hockey Capsules: Coyotes re-sign RW Lee Stempniak to 2-year deal

GLENDALE, Ariz. (AP) — The Phoenix Coyotes have re-signed right wing Lee Stempniak to a two-year contract. Details of the contract were not released. Stempniak had 14 goals and four assists in 18 games ... (Source: Brownsville Herald 2010-08-31T08:46:27Z)

Phoenix Coyotes re-sign RW Lee Stempniak to 2-year deal

GLENDALE, Ariz. (AP) — The Phoenix Coyotes have re-signed right wing Lee Stempniak to a two-year contract. Details of the contract were not released. Stempniak had 14 goals and four assists in 18 games ... (Source: Chicago Tribune 2010-08-31T04:43:04Z)

5 Reasons Why Berkshire Hathaway Should Buy the Remaining 19.9% of Wesco

Warren Buffett wants to own all of Wesco Financial ( WSC ). He is looking to make ... Berkshire will acquire the company for a mixture of cash and stock. Shareholders will likely approve the deal since it will allow ... (Source: Seekingalpha.com 2010-09-01T19:00:53Z)

Zacks Analyst Blog Highlights: Berkshire Hathaway, Wesco Financial, Coca-Cola, Procter & Gamble ...

... Wesco Yesterday, Warren Buffett, the chairman and CEO of Berkshire Hathaway Inc. (NYSE: BRK ... Following approval by shareholders' of both the companies, the Wesco deal will be financed by a combination of ... (Source: PR Inside 2010-08-30T21:04:56Z)

Alca-Lu acquires cross-platform app solutions firm OpenPlug

The OpenPlug deal follows roughly two months after Alcatel-Lucent acquired ProgrammableWeb, a resource for application programming interfaces enabling developers to build web, mobile and related connected apps ... (Source: Fiercemobilecontent 2010-09-01T13:17:17Z)

In Family Affair, Platinum Equity And Gores Group Close First Combined Deal

... by Platinum Equity LLC and Gores Group LLC, the answer would be all of them. Platinum, founded by Tom Gores, and Gores, found by Alec Gores, teamed up to acquire entertainment distributor Alliance Entertainment ... (Source: Wall Street Journal 2010-09-02T00:08:41Z)

Jobs report may show rise in unemployment rate

WASHINGTON— The unemployment rate may be about to rise again. Economists ... the Labor Department said. There would be far fewer claims in a healthy economy. When economic output is growing rapidly and employers ... (Source: Boston Globe 2010-09-03T06:05:25Z)

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