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 3, 2010, 7:40 am

Stock News on Notable M&A Stock deals of the Day (SKS, LGF, CASY)

Shares of Saks Incorporated (NYSE:SKS) witnessing heavy buying on Tuesday after U.K based newspaper Daily Mail disclosed that a private equity consortium, comprised of U.S. and U.K player is targeting to make a bid ... (Source: Transworld News 2010-08-31T15:55:57Z)

Tampa Yankees to move to Orlando?

TAMPA - Orange County is engaging in talks to bring a New York Yankees minor league team from Tampa to Orlando, several media outlets have reported. The deal would reportedly move the single-A Tampa ... (Source: MyFox Tampa Bay 2010-09-01T12:27:10Z)

Marijuana caregiver sentenced for drug sales in Hamilton

The Ravalli Republic reports Mayson L. Simmons was arrested last year after the marijuana sale and soon thereafter arrested again for selling marijuana and other drugs. Her bail was revoked twice for threatening ... (Source: Billings Gazette 2010-09-02T17:40:57Z)

AOL renews deal with Google for search

... AOL announced today. It also deepens the relationship to include mobile search and YouTube, beyond providing the search results and paid-search ads, to AOL sites. Google and Microsoft's Bing ... landed Yahoo ... (Source: Seattle Times 2010-09-02T21:22:51Z)

Driving a hard bargain

Think Cash for Clunkers ... usually sees strong sales as automakers offer deals to clear out the lots for new models. In August 2007, before the recession, automakers sold nearly 1.5 million new cars and trucks. (Source: Pueblo Chieftain 2010-09-01T06:00:37Z)

Burger King to Be Bought by 3G Capital Group in Deal Valued at $4 Billion

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: Bloomberg 2010-09-02T13:37:34Z)

Petrobras May Delay $25 Billion Share Sale, Two Government Officials Say

... Sao Paulo trading. The stock has plunged 27 percent this year, more than the 2.5 percent drop for Brazil's benchmark Bovespa index. Petrobras yesterday lost its position as the biggest company in Latin America ... (Source: Bloomberg 2010-08-20T10:46:52Z)

Dealers, buyers face off over car deals, incentives

Think Cash for Clunkers ... sees strong sales as automakers offer deals to clear out the lots for new mod­els. In August 2007, before the re­cession, automakers sold nearly 1.5 million new cars and trucks. (Source: Montgomery Advertiser 2010-09-01T08:59:35Z)

Bestofotc.com - stock price losers: HNZ, SCO, SKS, BF.B, VXX, SDS

Saks Incorporated (NYSE:SKS) dropped by 6.20% to close on $7.41 with day traded volume of 8.22M, Saks Incorporated is a fashion retail organization offering a range of distinctive luxury fashion apparel, shoes, (Source: paidContent.org 2010-09-03T06:55:31Z)

World stocks rise ahead of US employment report

Gains were modest reflecting an element of caution before the key reading on the world's No. 1 economy. August's jobless rate is forecast ... In New York on Thursday, the Dow Jones industrial average added 50.63 points, (Source: AP - msnbc.com 2010-09-03T09:40:09Z)

Saks Incorporated Announces August Comparable Store Sales

NEW YORK - (Business Wire) Retailer Saks Incorporated (NYSE: SKS) (the "Company") today announced that owned sales totaled $159.3 million for the four weeks ended August 28, 2010 compared to $160.7 ... (Source: Earthtimes 2010-09-02T12:33:09Z)

SunOpta Announces Sale of SunOpta BioProcess Inc. to Mascoma Corporation

today announced the sale of SunOpta BioProcess Inc. ("SBI ... Both SBI and Mascoma have made significant progress towards commercialization and collectively have development partners in the U.S., Canada, China, (Source: Earthtimes 2010-09-01T11:29:54Z)

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)

Medical marijuana caregiver sentenced for drug sales

The Ravalli Republic reports Mayson L. Simmons was arrested last year after the marijuana sale and soon thereafter arrested again for selling marijuana and other drugs. Her bail was revoked twice for threatening ... (Source: Great Falls Tribune 2010-09-03T00:57:36Z)

Petrobras May Raise 129 Billion Reais in Share Sale

Latin America's largest company by market value ... Shares of Petrobras have plunged 25 percent in Sao Paulo this year on concern it would pay more for the oil than it's worth, diluting earnings. Petrobras offered to ... (Source: San Francisco Gate 2010-09-03T12:03:19Z)

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

with half in Tampa and half in Orlando, saying it doesn't seem "economically feasible" to do it that way. Orange County Mayor Rich Crotty and the owner of the New York Yankees met Tuesday to discuss a plan with local ... (Source: St. Petersburg Times 2010-09-01T19:00:53Z)

AOL vs. Yahoo: A Tale of Two Search Deals

... AOL-Google deal includes a mobile partnership for the first time, and AOL has agreed to distribute its video content through YouTube ... Yahoo — which recently signed a partnership deal with Microsoft to use ... (Source: Salon 2010-09-02T19:28:19Z)

Petrobras Plans to Raise $32 Billion From Minority Shareholders

Latin America's largest company by market value ... Shares Plunge Petrobras plunged 25 percent in Sao Paulo this year on concern it would pay more for the oil than it's worth, diluting earnings. Petrobras's ... (Source: BusinessWeek 2010-09-03T13:00:35Z)

Futures Stall Ahead of Jobs Data

... American labor market. About 90 minutes before the opening bell, futures on the Dow Jones Industrial Average were downl ... up from $1.2822 late Thursday in New York. Crude-oil futures were slightly weaker. (Source: Smart Money 2010-09-03T12:24:48Z)

New AOL search deal with Google includes mobile

... Microsoft's Bing was probably in the mix, Microsoft is not as ubiquitous as Google is," said David Joyce, an analyst who follows AOL for Miller Tabak & Co. "One big thing Google has that Microsoft doesn't is ... (Source: Yahoo Finance 2010-09-02T21:51:29Z)

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)

Xylitol Canada Strategic Partnership Now Includes Mascoma Corporation

... TSX VENTURE:XYL) is pleased to provide the following update on the recently announced sale of SunOpta BioProcess Inc. (" SBI "), Xylitol Canada's joint venture partner, to Mascoma Corporation of Lebanon, New ... (Source: Market Wire 2010-09-02T12:25:59Z)

Marijuana caregiver sentenced for drug sales

The Ravalli Republic reports Mayson L. Simmons was arrested last year after the marijuana sale and soon thereafter arrested again for selling marijuana and other drugs. Her bail was revoked twice for threatening ... (Source: KULR8 2010-09-02T20:04:07Z)

US STOCKS-Markets advance as mergers, deals spur buying

NEW YORK (Reuters) - U.S. stocks rebounded from a two-week string of losses in the Dow and S&P Monday as a bidding war involving ... The Federal Reserve plans to reduce American International Group Inc's credit line ... (Source: FOXBusiness 2010-08-23T14:53:51Z)

Mascoma Buys SunOpta BioProcess for $51 M

Lebanon, New Hampshire, United States – Ethanol manufacturer Mascoma announced that it has acquired Canada-based SunOpta BioProcess Inc. (SBI), a division of SunOpta Inc. The two companies will now ... (Source: RenewableEnergyWorld.com 2010-09-02T15:53:34Z)

Expect few deals on autos

Think Cash for Clunkers ... usually sees strong sales as automakers offer deals to clear the lots for new models. In August 2007, before the recession, automakers sold nearly 1.5 million new cars and trucks. (Source: Modesto Bee 2010-09-01T07:05:03Z)

Fresno and Nevada need to clear WAC hurdle; BYU signs deal with ESPN

... ESPN to televise all Cougars home games. Additionally, BYU will have a six-game, home-and-away deal with fellow football independent Notre Dame. "This is not about money," BYU athletic director Tom Holmoe said ... (Source: Denver Post 2010-09-03T02:59:18Z)

BYU signs football deal with ESPN

Utah—BYU athletic director Tom Holmoe says ... with ESPN to televise the Cougars on one of the network's channels. BYU said it has also agreed to a six-game deal with fellow independent Notre Dame. Holmoe says the ... (Source: San Jose Mercury News 2010-09-01T21:16:53Z)

Orlando group pursues New York Yankees baseball affiliate

... could be returning to Orlando. New York Yankees officials acknowledged today that the team has had "very preliminary discussions" with a group of Orange County investors about a partial sale of the Tampa Yankees, (Source: Orlando Sentinel 2010-09-01T19:50:59Z)

BYU gets eight-year ESPN deal

... televise all Cougar home football games. Additionally, a six-game, home-and-away contract with fellow football independent Notre Dame was announced. "This is not about money," said BYU athletic director Tom ... (Source: Denver Post 2010-09-02T07:11:01Z)

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