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 30, 2010, 3:42 pm

Tony Curtis Dies: Career Factbox

Tony Curtis, whose good looks made him a Hollywood star well before he became an accomplished actor in hits such as "Some Like It Hot" and "The Sweet Smell of Success," died at his home in Nevada, ABC News reported on Thursday. He was 85. Here are some ... (Source: Post Chronicle 2010-09-30T21:03:58Z)

Hollywood Legend Tony Curtis Dead at 85

LAS VEGAS -- Tony Curtis, the Bronx tailor's son who became a 1950s movie heartthrob and then a respected actor with such films as "Sweet Smell of Success," "The Defiant Ones" and "Some Like It Hot," has died. He was 85. The actor died at 9:25 p.m. MDT ... (Source: FOX News 2010-09-30T22:01:14Z)

AirTran Airways adding winter routes

AirTran Airways says it will start nonstop service between Tampa and Key West in Florida and add other warm-weather flights this winter. The Tampa-Key West flights are scheduled to start March 10. The airline said Wednesday it will operate additional ... (Source: AP - msnbc.com 2010-09-29T16:25:59Z)

Last surviving N.H. paper mill faces closure

GORHAM, N.H. -- Like many of the workers at the North Country's last surviving paper mill, Gene Marois was in shock when he heard about the company's plans to close it in two weeks if a buyer isn't found. "It's a feeling of emptiness, and it's a crisis ... (Source: Lowell Sun 2010-09-30T20:42:29Z)

Tribune Signs on 2 Lenders in Chapter 11 Plan

Oaktree Capital Management and Angelo, Gordon & Company , two major lenders to the Tribune Company , are backing a new reorganization plan that the newspaper publisher hopes will allow it to exit Chapter 11 protection. But, The Associated Press said, it ... (Source: New York Times Blogs 2010-09-29T09:52:16Z)

AIG to sell 2 Japanese units for $4.2 billion

NEW YORK -- AIG , which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two Japanese life insurance units to Prudential Financial Inc. for about $4.2 billion in cash. The sale, which ... (Source: Forbes 2010-09-30T11:02:40Z)

Rays clinch playoffs behind David Price

S T. PETERSBURG, Fla. — The Tampa Bay Rays clinched their second playoff berth in three years Tuesday night, beating the Baltimore Orioles 5-0 behind another strong pitching performance by 19-game winner David Price. Price (19-6) scattered six hits over ... (Source: Boston Herald 2010-09-29T01:38:21Z)

Tampa Bay Rays clinch second straight playoff berth

St. Petersburg, Fla. -- The Tampa Bay Rays clinched their second playoff berth in three years Tuesday night, beating the Baltimore Orioles 5-0 behind another strong pitching performance by 19-game winner David Price. Price (19-6) scattered six hits over ... (Source: Detroit News 2010-09-29T02:21:18Z)

Fraser Papers terminates Gorham paper mill sale

Canada's Fraser Papers Inc said it terminated the agreement to sell its paper mill in Gorham, New Hampshire, as the purchaser did not have sufficient financing to complete the deal. The company, which filed for protection from creditors last June, said it ... (Source: Financial Post 2010-09-28T21:56:27Z)

AIG's Big Sale – Japan life units at $4.8 billion

In its efforts to repay the US taxpayers the American International Group(AIG.N), On Thursday, announced the sale of its two Japanese Life Insurance Units to Prudential Financial Inc (PRU.N) at $4.8 billion. AIG, in it's statement said, the sale of its ... (Source: Transworld News 2010-09-30T17:22:04Z)

Tribune's Restructuring Plan Wins Backing of Mediator

Tribune Co. said a court-appointed mediator endorsed a new bankruptcy-exit plan that the media company negotiated with lenders Oaktree Capital Management LP and investment firm Angelo, Gordon & Co. Tribune filed a term sheet for its new restructuring plan ... (Source: Wall Street Journal 2010-09-29T18:56:18Z)

Southwest's AirTran Purchase May Bring Higher Fares

(Adds fare example in eighth paragraph.) Sept. 29 (Bloomberg) -- Southwest Airlines Co.'s planned purchase of AirTran Holdings Inc. may lead to higher ticket prices as a low-fare competitor is eliminated and the merged carrier works to make up for higher ... (Source: BusinessWeek 2010-09-29T15:43:02Z)

UPDATE: Goldman Sachs Seeks Up To US$2.05 Bln In ICBC Share Sale - Source

HONG KONG (Dow Jones)--Goldman Sachs Group Inc. (GS) is raising as much as US$2.05 billion from the sale of part of its stake in Industrial & Commercial Bank of China Ltd. (1398.HK) in a placement, a person familiar with the deal said Wednesday. Goldman is ... (Source: Wall Street Journal 2010-09-29T11:53:58Z)

Hong Kong Bank Stocks Fall, led by ICBC; Sun Hung Kai Advances

Sept. 30 (Bloomberg) -- Hong Kong bank stocks fell after Goldman Sachs Group Inc. sold a stake in Industrial & Commercial Bank of China Ltd., overshadowing advances by the city's real- estate companies. ICBC lost 3.2 percent after Goldman Sachs sold 3.04 ... (Source: BusinessWeek 2010-09-30T09:51:05Z)

Derek Lowe gives Braves cushion in NL wild card race

Atlanta -- Bobby Cox wants to make sure the attention being paid to his final regular-season games as Atlanta's manager takes a back seat to the Braves' pursuit of their first playoff berth since 2005. Cox deflected questions about his retirement after the ... (Source: Detroit News 2010-09-30T05:40:33Z)

Actor Tony Curtis dead at 85

F rom dressing in drag to posing nude for his 80th birthday, Tony Curtis truly was a defiant one. He overcame early typecasting as a lightweight pretty boy to become a serious actor in such films as "Sweet Smell of Success," "Spartacus" and "The Defiant ... (Source: Boston Herald 2010-09-30T21:39:45Z)

Liberty Mutual holds off IPO

NEW YORK — Liberty Mutual Holding Co., the policyholder-owned insurer, postponed the largest U.S. initial public offering of 2010 Wednesday as demand was less than the company had projected for a unit that sells policies through agents. Liberty Mutual ... (Source: Monterey County Herald 2010-09-30T08:39:30Z)

Elster Group Cuts IPO Price After Liberty Mutual Shelves Sale

Elster, the Essen, Germany-based provider of gas and water meters, sold 16.2 million American depositary receipts at $13 each yesterday after offering them at $16 to $18, according to a statement and a U.S. Securities and Exchange Commission filing ... (Source: Washington Post 2010-09-30T07:56:33Z)

Discount Carriers Southwest, AirTran Tie Knot

Discount carrier Southwest Airlines Co. said Monday that it plans to acquire smaller rival AirTran Holdings Inc., in a $1.4 billion cash-and-stock deal that reflects intensifying consolidation in the industry. The friendly takeover would give Dallas-based ... (Source: Wall Street Journal 2010-09-28T02:36:48Z)

Today in Globe Business

Liberty Mutual Group yesterday postponed what would have been the largest initial public offering in the stock market this year, a $1.2 billion stock sale by its biggest insurance unit, as investors balked at the price and terms of the offering. The sale ... (Source: Boston Globe 2010-09-30T10:26:53Z)

Braves win again as Cox nears one final postseason

Bobby Cox wants to make sure the attention being paid to his final regular-season games as Atlanta's manager takes a back seat to the Braves' pursuit of their first playoff berth since 2005. Cox deflected questions about his retirement after the Braves ... (Source: Philadelphia Daily News 2010-09-30T06:59:17Z)

David Price pitches 8 impressive innings, Rays beat Orioles 5-0 to clinch playoff spot

ST. PETERSBURG, Fla. - The Tampa Bay Rays clinched their second playoff berth in three years Tuesday night, beating the Baltimore Orioles 5-0 behind another strong pitching performance by 19-game winner David Price. Price (19-6) scattered six hits over ... (Source: Minneapolis Star Tribune 2010-09-29T12:44:04Z)

REFILE-UPDATE 1-Nintendo sinks as 3D launch misses holiday sales

TOKYO, Sept 30 (Reuters) - Shares in Nintendo Co Ltd ( Symbol : NTDOF ) fell sharply on Thursday after it said the previous day its new 3D-capable handheld game machine would go on sale next year, missing the crucial year-end shopping season. But the ... (Source: Inside Fidelity 2010-09-30T01:37:10Z)

Judge OKs $139M sale of Philadelphia newspapers to creditors after bitter 20-month bankruptcy

PHILADELPHIA - A bankruptcy judge has approved the sale of Philadelphia's two largest newspapers to creditors. The sale is valued at about $139 million, including $105 million cash and the iconic newspaper building. The senior lenders are essentially ... (Source: Minneapolis Star Tribune 2010-09-30T18:55:07Z)

Nintendo cuts DS, Wii sales targets for 2010/11

CHIBA, Japan (Reuters) - Nintendo Co Ltd said on Wednesday it would launch a 3D-capable version of its DS handheld game console in Japan on Feb. 26 and in the United States in March, missing the crucial year-end shopping season. Nintendo blamed the late ... (Source: Reuters India 2010-09-29T09:16:29Z)

UPDATE 1-Goldman to sell up to $2 bln in shares of China's ICBC

HONG KONG, Sept 29 (Reuters) - Goldman Sachs ( GS.N ) is selling up to $2 billion worth of shares of its stake in Industrial and Commercial Bank of China ( 1398.HK ) ( 601398.SS ), 16 months since its last selldown of the world's largest bank. Block sales ... (Source: Reuters 2010-09-29T13:05:33Z)

Lowe leads Braves past Marlins 5-1

ATLANTA (AP) -- Bobby Cox wants to make sure the attention being paid to his final regular-season games as Atlanta's manager takes a back seat to the Braves' pursuit of their first playoff berth since 2005. Cox deflected questions about his retirement ... (Source: CNN Sports Illustrated 2010-09-30T07:42:14Z)

AIG deal will repay bailout

NEW YORK -- AIG, which became a lightning rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a profit to taxpayers who footed the ... (Source: Inside Bay Area 2010-09-30T22:22:42Z)

Nintendo sinks as 3D launch misses year-end rush

Shares in Nintendo Co Ltd fell sharply on Thursday after it said the previous day its 3D-capable handheld game console would go on sale next year, missing the crucial year-end shopping season. Nintendo also revised down its sales and profit forecasts for ... (Source: msnbc.com 2010-09-30T00:32:44Z)

UPDATE 1- Fraser Papers terminates Gorham paper mill sale

Sept 28 (Reuters) - Canada's Fraser Papers Inc ( FRPPF.PK ) said it terminated the agreement to sell its paper mill in Gorham, New Hampshire, as the purchaser did not have sufficient financing to complete the deal. The company, which filed for protection ... (Source: Reuters UK 2010-09-28T19:18:58Z)

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