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, 12:39 pm

Afghan Taliban faces 'cash flow' problem: US general

Taliban insurgents in southern Afghanistan are facing a "financial crisis" as NATO-led troops have disrupted the center of their lucrative ... Since a mostly American force pushed back the Taliban in the Marjah area ... (Source: Raw Story 2010-09-02T18:52:32Z)

Six NATO troops die in Afghan attacks

Six American soldiers have been killed in a wave of Taliban attacks and bomb explosions this weekend in some of Afghanistan's most volatile regions, NATO said Sunday. Three soldiers were killed fighting ... (Source: Raw Story 2010-08-29T05:57:01Z)

PPL says settlement reached in its bid to acquire parent of 2 Kentucky utilities

... PPL Corp. said Thursday it has reached a settlement in its $7.6 billion bid to acquire E.On U.S., the parent company of Louisville Gas & Electric Co. and Kentucky Utilities Co ... Kentucky Public Service Commission (Source: Los Angeles Times 2010-09-02T17:40:57Z)

Quebec Company Ups Casey's Buyout Offer

KCCI.com A Canadian company has increased the offer in its attempt to conduct a hostile takeover of Ankeny-based Casey's General Stores. Alimentation Couche-Tard's initial offers in June and July were both rejected ... (Source: msnbc.com 2010-09-02T18:45:22Z)

AIG Taiwan Unit Buyer Seeks Favorable, Constructive Ending

... 2.2 billion bid even after Taiwan's regulators rejected it, a top executive said on Thursday. Robert Morse, chief executive of Hong Kong ... Tuesday AIG's plan to sell Nan Shan to battery maker China Strategic ... (Source: Insurance Journal 2010-09-02T10:38:37Z)

Casey's General Stores: Couche-Tard Hikes Takeover Offer

After extending the deadline of its original offer Tuesday, Canadian convenience store operator Alimentation Couche-Tard has increased its takeover offer for Casey's General Stores (NASDAQ: CASY ) to $38 ... (Source: Seekingalpha.com 2010-09-02T10:24:18Z)

HP Wins Bidding War for 3Par

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: NBC Bay Area 2010-09-02T15:03:28Z)

Taiwan Regulators Block Sale of AIG Unit

Regulators in Taiwan blocked the proposed $2.15 billion sale of AIG's ( AIG ) Taiwan life insurance business to a Hong Kong-based consortium. AIG struck a deal in October to sell the Nan Shan unit to China Strategic ... (Source: Daily Finance 2010-08-31T11:45:24Z)

St. Luke's nurses offered deal they like; SMDC might be next

Three-year contracts for both SMDC and St. Luke's nurses expired July 1. Nurses at both hospitals overwhelmingly rejected contract offers Aug. 18, authorizing a one-day strike. A 10-day notice is required before ... (Source: Duluth News Tribune 2010-09-02T05:37:58Z)

Mariner Energy Platform in Gulf of Mexico Struck by Explosion

Sept. 2 (Bloomberg) -- A Mariner Energy Inc. platform in the Gulf of Mexico ... BP Plc of the U.K. lost more than half its market value after an April 20 explosion at a Gulf of Mexico drilling rig it operated caused ... (Source: BusinessWeek 2010-09-02T16:43:41Z)

Cincinnati Reds LHP Aroldis Chapman's fastball burns Milwaukee Brewers

The Cuban left-hander hit 103 mph on the radar gun during another sizzling inning Wednesday night, then got his first big-league win when the Cincinnati Reds rallied for a 6-1 victory over the Milwaukee ... (Source: Green Bay Press-Gazette 2010-09-02T14:49:09Z)

Avis Budget Increases Premium Offer for Dollar Thrifty and Sets the Record ...

... Dollar Thrifty Automotive Group, Inc. (NYSE: DTG - News ): The Avis Budget offer is clearly superior to the Hertz offer in the two ways that matter ... Parsippany, NJ 07054. (Source: Yahoo Finance 2010-09-02T11:50:12Z)

Judge eyes vote on Dollar Thrifty-Hertz deal

allege the Hertz offer of $41 a share is inadequate for Tulsa-based Dollar Thrifty. In documents filed recently, the plaintiffs say they want to "open up" the bidding process. One rival, Avis Budget Group Inc., (Source: Tulsa World 2010-08-26T01:07:05Z)

St. Lukes Reaches Settlement, SMDC Strike Date Unknown

This is a big change from two weeks ago when union nurses rejected contract offers at St. Luke's and SMDC authorizing a one-day strike. After 17 hours of negotiations both sides finally agreed on a contract. ... (Source: WDIO-TV 2010-09-02T03:07:38Z)

From the News-Sentinel

Pfc. Chad Clements died Monday when an explosion hit the Humvee in which he was riding, his family said. He was one of 56 U.S. troops killed in Afghanistan during August. Clements graduated from Huntington ... (Source: FortWayne.com 2010-09-01T14:28:52Z)

NATO says 5 American troops killed in roadside bomb explosion, insurgent attack in Afghanistan

NATO commanders have warned casualties will mount as coalition and Afghan forces enter areas under longtime Taliban control, particularly in the hard-line Islamic movement's spiritual heartland of Kandahar province. (Source: Minneapolis Star Tribune 2010-08-31T11:23:56Z)

Gulf of Mexico oil platform explodes, burns off Louisiana coast

An offshore petroleum platform exploded and was burning Thursday in the Gulf of Mexico ... owned by Mariner Energy of Houston. DHS said it was not producing oil and gas. The Deepwater Horizon rig leased by BP was in ... (Source: Akron Beacon Journal 2010-09-02T16:43:41Z)

HP Boosts 3Par Offer to $33 a Share; Dell Walks Away

(Adds analysts' comments starting in fourth paragraph.) Sept. 2 (Bloomberg) -- Hewlett-Packard Co. offered to buy 3Par Inc. for about $2.3 billion, ending an 18-day battle with Dell Inc. for the maker of ... (Source: BusinessWeek 2010-09-02T16:36:31Z)

Casey's Asks Shareholders Not To Take Any Action On Couche-Tard's Sweetened Offer ...

(RTTNews) - Convenience store operator Casey's General Stores, Inc. (CASY: News ) has Wednesday asked its shareholders to not take any action on the again sweetened offer of $38.50 per share in cash from Canadian ... (Source: RTT News 2010-09-02T11:07:15Z)

Indiana soldier dies in Afghanistan

... arrived in Afghanistan only weeks ago was one of five soldiers killed in a roadside blast near Kandahar, his family said Tuesday. Pfc. Chad Clements of Huntington died Monday when an explosion hit the Humvee in ... (Source: Courier-Journal 2010-09-01T14:00:14Z)

PPL purchase of E.On U.S. clears another hurdle

based PPL pledged that E.On U.S. subsidiaries Louisville Gas & Electric Co. and Kentucky Utilities Co. will not raise ... The settlement was filed Thursday with the Kentucky Public Service Commission for review and ... (Source: Business First 2010-09-02T16:15:03Z)

Cincinnati Reds beat Brewers, increase lead to 8

CINCINNATI -- No. 1 for Aroldis Chapman. Eight and counting for his new team. The Cuban left-hander hit 103 mph on the radar gun during another sizzling inning Wednesday, then got his first big-league win ... (Source: Newark Advocate 2010-09-02T10:52:56Z)

Indiana soldier's remains heading home

... arrived in Afghanistan only weeks ago was one of five soldiers killed in a roadside blast near Kandahar, his family said Tuesday. Pfc. Chad Clements of Huntington died Monday when an explosion hit the Humvee in ... (Source: Indianapolis Star 2010-09-01T20:05:18Z)

400 nurses vote to settle with Duluth's St. Luke's hospital

More than 900 nurses at SMDC Health System rejected SMDC's final offer last week, and are expected to hold a one-day strike. (Source: Marketplace.publicradio.org 2010-09-01T11:44:13Z)

Mariner Energy shares give up 3 percent after reports of platform explosion in Gulf

... platforms exploded in the Gulf of Mexico . Mariner shares lost 69 cents, nearly 3 percent, to $22.66 in midday trading. The Houston independent oil and gas company is a relatively small player compared with BP ... (Source: Chicago Tribune 2010-09-02T16:58:00Z)

Dell ends bidding contest over data-storage maker 3Par, will not match HP's $2 ...

SEATTLE — 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: Washington Examiner 2010-09-02T15:53:34Z)

Untouchable reliever Aroldis Chapman helps Cincinnati Reds complete sweep of ...

CINCINNATI — No. 1 for Aroldis Chapman. Eight and counting for his new team. The Cuban left-hander hit 103 mph on the radar gun during another sizzling inning Wednesday night, then got his first big ... (Source: Post-Crescent 2010-09-02T12:47:28Z)

AIG Taiwan bidder says unclear why offer rejected

HONG KONG, Sept 1 (Reuters) - The chief executive of China Strategic Holdings Ltd ( 0235.HK ) said on Wednesday that he did not understand the decision by Taiwan's regulators to block the $2.2 billion ... (Source: Reuters 2010-09-01T10:32:38Z)

Avis raises cash portion of Dollar Thrifty bid

But Avis said it will increase its offer to Dollar Thrifty shareholders if the Hertz deal doesn't go through, boosting the bid by ... But Avis, headquartered in Parsippany, N.J., said Thursday that "a reverse termination ... (Source: AP - msnbc.com 2010-09-02T15:03:28Z)

PPL: Settlement reached in Kentucky utilities bid

... PPL Corp. said Thursday it has reached a settlement in its $7.6 billion bid to acquire E.On U.S., the parent company of Louisville Gas & Electric Co. and Kentucky Utilities Co ... Kentucky Public Service Commission (Source: Boston Globe 2010-09-02T18:38:13Z)

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