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, 5:42 pm

Deutsche Bank to Raise EU10.2 Billion in Share Sale

(Adds number of shares in second paragraph.) Sept. 20 (Bloomberg) -- Deutsche Bank AG, Germany's largest bank, said it will raise about 10.2 billion euros ($13.3 billion) in the company's biggest-ever share sale after setting the price for the stock ... (Source: BusinessWeek 2010-09-20T18:02:33Z)

AIG, U.S. Set Faster, Riskier Exit Path

NEW YORK (Reuters) - American International Group Inc laid out a plan on Thursday that sets the insurer on an accelerated path for payback of bailout money, but it also increases the risk for the U.S. government. The plan, which comes a little over two ... (Source: ABC News 2010-09-30T23:41:27Z)

Astros 2, Reds 0

CINCINNATI -- Carlos Lee had three hits and Nelson Figueroa took advantage of a Cincinnati lineup missing all of its regulars as the Houston Astros beat the newly crowned NL Central champion Reds 2-0 Wednesday night. Manager Dusty Baker rested every one of ... (Source: ESPN.com 2010-09-29T23:06:51Z)

Deutsche Bank Third-Quarter Trading Matches Last Year

(Adds comments on capital in last paragraph.) Sept. 30 (Bloomberg) -- Deutsche Bank AG Chief Executive Officer Josef Ackermann said third-quarter sales and trading revenue matched last-year's level after a rebound in September. "Thanks to a very strong ... (Source: BusinessWeek 2010-09-30T10:19:43Z)

Remembering Hollywood Legend Tony Curtis

Oscar-nominated actor Tony Curtis has passed away at his home in Las Vegas at the age of 85. Film expert Murray Horwitz remembers the life of the Hollywood icon and looks back at his roles in films like Spartacus , Some Like It Hot and The Defiant Ones ... (Source: NPR News 2010-10-01T00:10:05Z)

AFL-CIO president offers to mediate new labor deal between NFL owners, players association

INDIANAPOLIS - AFL-CIO President Richard Trumka is offering to meet with NFL Commissioner Roger Goodell and the head of the NFL Players Association, DeMaurice Smith, to discuss a new collective bargaining agreement. In a letter obtained by The Associated ... (Source: Minneapolis Star Tribune 2010-09-30T20:56:48Z)

Unrest grips Ecuador, threatening President Rafael Correa

In a violent day of chaos, Ecuadoran security forces protesting cuts in their benefits took to the streets and are threatening the government of President Rafael Correa. The government declared a state of emergency after Correa was confronted by angry poli ... (Source: Los Angeles Times 2010-09-30T23:48:36Z)

Dollar Thrifty shareholders reject Hertz deal

Dollar Thrifty Automotive Group Inc. shareholders rejected a buyout offer from Hertz on Thursday against the recommendation of the company's board. The rejection likely takes Hertz out of the bidding for the car-rental chain and offers an opening for rival ... (Source: AP - msnbc.com 2010-09-30T22:01:14Z)

BA, Iberia, American Sign Alliance Deal

British Airways, American Airlines and Spanish carrier Iberia have signed off on a long-awaited strategic alliance that will see them cooperate on flights between Europe and North America. "The joint business will launch this October," British Airways said ... (Source: Airwise 2010-09-29T08:55:00Z)

British Airways Signs Transatlantic Revenue Share Deal With American Airlines, Iberia - Update

(RTTNews) - Europe's third largest airline British Airways plc (BAY.L: News ,BAIRY.PK: News ) said Wednesday that it signed an agreement to start a transatlantic joint business with American Airlines, a unit of US-based AMR Corp. (AMR: News ), and Spanish ... (Source: RTT News 2010-09-29T07:57:44Z)

Deutsche Bank Q3 sales, trading at prior-year level

FRANKFURT, Sept 30 (Reuters) - Deutsche Bank ( DBKGn.DE ) says a market recovery in the second half of September meant that its sales and trading in the third quarter would be at the prior-year level, chief executive Josef Ackermann said on Thursday ... (Source: Reuters UK 2010-09-30T08:39:30Z)

Actor Tony Curtis dies at 85

LOS ANGELES — Tony Curtis, the dashingly handsome film star of the 1950s and '60s best remembered for his hilarious turn in drag in Billy Wilder's classic comedy "Some Like It Hot" and dramatic roles in "The Defiant Ones" and "Sweet Smell of Success ... (Source: Seattle Times 2010-10-01T00:17:14Z)

Lee, Figueroa lead Astros over Reds

CINCINNATI -- Clinching a division championship caught up with the Cincinnati Reds a day later. Carlos Lee had three hits and Nelson Figueroa took advantage of a Cincinnati lineup missing all of its regulars as the Houston Astros beat the newly crowned NL ... (Source: KHOU 2010-09-30T23:55:46Z)

BA agrees transatlantic deal with AA and Iberia

British Airways is to start a transatlantic joint business with American Airlines and Iberia which is worth a combined $7bn in annual revenues. The revenue share agreement allows the three airlines to co-operate commercially on flights between the European ... (Source: Spectator.co.uk 2010-09-29T11:03:51Z)

Dollar Thrifty shareholders reject Hertz deal, means Avis offer still a possibility

CHICAGO (AP) — Dollar Thrifty Automotive Group shareholders have rejected a buyout offer from Hertz, giving an opening for rival bidder Avis Budget Group's offer for the car rental company. Hertz Global Holdings Inc. shares fell $1.12, or 9.7 percent, to ... (Source: Los Angeles Times 2010-09-30T19:38:04Z)

AIG reaches deal to repay billions to taxpayers

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 today could return a profit to taxpayers who footed the bill ... (Source: Oregonian 2010-09-30T15:41:51Z)

AirTran deal could open small markets to Southwest

DALLAS — Southwest Airlines is buying AirTran for about $1.4 billion as it seeks entry into a number of smaller markets. The announcement comes about a week after Continental Airlines and UAL Corp. combined amid an industrywide consolidation. The ... (Source: Houston Chronicle 2010-09-27T11:27:42Z)

Trumka offers to mediate talks between NFL owners and players' association

INDIANAPOLIS - The president of the AFL-CIO is offering to mediate the NFL's labour negotiations. The league has a very basic problem with that: The head of the NFL Players Association sits on the executive council of the AFL-CIO, a labour union federation ... (Source: Canada East 2010-10-01T00:24:24Z)

Dollar Thrifty shareholders reject Hertz deal; Avis offer could still be in play

THE VOTE: Dollar Thrifty shareholders rejected a buyout offer from Hertz, with 11.8 million votes for the deal and 13.8 million against. THE OFFERS: Hertz was offering $43.60 in cash and 0.6366 shares of common stock of Hertz, for each share of Dollar ... (Source: Los Angeles Times 2010-09-30T20:42:29Z)

Reds' Baker says status quo on new deal

Reds manager Dusty Baker is staying quiet about his contract situation. Baker, in the last year of a three-year deal, led the Reds to the NL Central title this season for their first playoff appearance in 15 years. There are multiple reports that Baker is ... (Source: FOXSports.com 2010-09-30T22:22:42Z)

US Treasury announces start of sales of $2.2 billion in trust preferred shares of Citigroup

WASHINGTON (AP) - The U.S. government says it is starting to sell off $2.2 billion in trust preferred shares it holds in Citigroup, another move to recoup the costs incurred in the $700 billion financial bailout. The Treasury Department says it will start ... (Source: Today Online 2010-09-29T15:21:33Z)

Quick resolutions expected to hurdles in Southwest Airlines-AirTran deal

Southwest Airlines stands to gain traffic, revenue, passengers, markets and other desirable things when it acquires AirTran Holdings. But the $1.4 billion cash and stock deal also carries pitfalls to be avoided and hurdles to be jumped to make the purchase ... (Source: Dallas Morning News 2010-09-29T16:47:27Z)

AFL-CIO boss offers to mediate NFL labor deal

INDIANAPOLIS (AP) -- The president of the AFL-CIO is ready to play mediator in the NFL's labor dispute. In a letter obtained Thursday by The Associated Press , AFL-CIO President Richard Trumka offered to sit down with NFL Commissioner Roger Goodell and NFL ... (Source: CNN Sports Illustrated 2010-09-30T19:23:45Z)

AIG announces plan to repay government; return to independent company after bailout

NEW YORK (AP) — 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 ... (Source: Chicago Tribune 2010-09-30T19:02:16Z)

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 2010-10-01T00:24:24Z)

Treasury announces sale of Citigroup shares

WASHINGTON -- The government said Wednesday it is starting to sell $2.2 billion in trust preferred shares that it holds in Citigroup , another move to recoup the costs incurred in the $700 billion financial bailout. The Treasury Department said the pace of ... (Source: Forbes 2010-09-29T14:31:27Z)

Treasury announces start of sale of $2.2 billion in trust preferred shares of Citigroup

WASHINGTON (AP) — The government said Wednesday it is starting to sell $2.2 billion in trust preferred shares that it holds in Citigroup , another move to recoup the costs incurred in the $700 billion financial bailout. The Treasury Department said the ... (Source: Los Angeles Times 2010-09-30T22:29:52Z)

Correa Claims Ecuador Coup Attempt After Scuffling With Police

Sept. 30 (Bloomberg) -- Ecuador President Rafael Correa said police and soldiers protesting a plan to trim their salaries were part of an attempted coup d'état after they assaulted him during a demonstration in Quito. "We're faced with a permanent ... (Source: BusinessWeek 2010-09-30T18:19:19Z)

Ecuador's Correa attacked, says opponents plot coup

QUITO (Reuters) - Renegade police attacked Ecuadorean President Rafael Correa in anti-austerity protests on Thursday and surrounded the hospital where he was treated as he accused his opponents of trying to topple him in a coup. "I'll leave here as ... (Source: Reuters 2010-10-01T00:02:55Z)

Southwest seeks business fliers with AirTran deal

DALLAS — Southwest Airlines' acquisition of AirTran shows that the favorite airline of leisure travelers will be depending on business travelers to propel its growth in the future. The $1.42 billion deal announced Monday will let Southwest enter Atlanta ... (Source: Huffingtonpost.com 2010-09-27T19:55:56Z)

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