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, 7:44 pm

OT, Mobinil in Egypt triple-play consortium-minister

CAIRO, Sept 29 (Reuters) - Orascom Telecom ( ORTE.CA ) and Mobinil are part of a consortium due to be awarded a licence from the Egyptian government on Wednesday to offer triple-play services, the country's communications minister said. Tarek Kamel said on ... (Source: Reuters 2010-09-29T08:12:03Z)

Avaya, Skype in deal to offer low-cost, IP-based calling

Avaya and Skype signed an agreement Wednesday to offer Skype Connect to Avaya customers to help them lower international voice-calling costs through IP-based calls. Avaya and Skype also plan to deliver a wider range of communications and collaboration ... (Source: Network World Fusion 2010-09-29T18:56:18Z)

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)

Southwest Airlines Takes Aim at Bigger Rivals With AirTran Deal

In a deal that turns up the heat on its bigger rivals, Southwest Airlines Co. (NYSE: LUV ) on Monday announced plans to buy discount carrier AirTran Holdings Inc. (NYSE: AAI ) for $1.4 billion. By nabbing AirTran, Southwest is making a move that supports ... (Source: Seekingalpha.com 2010-09-29T09:02:10Z)

CORRECTED-OT, Mobinil in Egypt triple-play consortium-minister

CAIRO, Sept 29 (Reuters) - Orascom Telecom and Mobinil are part of a consortium due to be awarded a licence from the Egyptian government to offer triple-play services, the country's communications minister said. 'We have earlier launched two licences that ... (Source: Finanz Nachrichten 2010-09-29T10:13:45Z)

Avaya and Skype Sign Strategic Agreement for Business Communications and Collaboration ...

Avaya, a global leader in enterprise communications systems, software and services, and Skype today announced a strategic agreement to deliver innovative, real-time communications and collaboration solutions to businesses of all sizes. The multi-phase deal ... (Source: msnbc.com 2010-09-29T15:00:05Z)

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)

30-year mortgage rates back at record low

(Reuters) - U.S. 30-year and 15-year mortgage rates tied or reached record lows in the latest week, according to a survey released Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom rates offer a glimmer of hope ... (Source: Chicago Tribune 2010-09-30T14:15:57Z)

Grants help Navajo Tech offer previously unheard of opportunities [The Daily Times, Farmington ...

(Daily Times (Farmington, NM) Via Acquire Media NewsEdge) Sept. 29--CROWNPOINT -- Twenty computer monitors stacked together into columns taller than a basketball hoop and wider than a truck make one super computer that may soon change life in Crownpoint ... (Source: TMCnet 2010-09-29T10:20:54Z)

Avaya, Skype to offer low-cost calling

FRAMINGHAM, Mass. - Skype Ltd. will offer offer Skype Connect to Avaya Inc. customers to help them lower international voice-calling costs through IP-based calls. In a deal announced Wednesday, Avaya and Skype also said they plan to deliver a wider range ... (Source: it World Canada 2010-09-29T19:17:47Z)

York Water Co. reaches settlement on rates

Pending a judge's approval, York water rates will only slightly increase. York Water Co.'s president and CEO Jeffrey Hines announced Wednesday that he has filed a settlement of its pending rate case with the Pennsylvania Public Utility Commission. For the ... (Source: York Dispatch Online 2010-09-30T02:20:07Z)

Google Official Remarks The Company's Future In China Is 'Uncertain'

Google's future in China is 'very uncertain' as the company has dragged its search engine from China and redirected it to Hong Kong, a Google official says. Google's head of government affairs for Asia, Ross LaJeunesse, shared about the company's ... (Source: indiaserver.com 2010-09-30T08:18:02Z)

Factbox: Ecuador and its President Rafael Correa

QUITO (Reuters) - Unrest erupted in Ecuador on Thursday with soldiers taking the main airport and police protesting in the streets while President Rafael Correa considered whether to dissolve a deadlocked Congress. Here are some facts about Correa and ... (Source: Reuters 2010-10-01T01:57:27Z)

Magic to offer Dwight Howard extension

Howard has two seasons remaining (including 2010-11) before he can explore free agency. But the Magic don't want to wait that long, and Magic general manager Otis Smith said "of course" the team will offer Howard a new deal, according to the Sentinel. "We ... (Source: ESPN.com 2010-09-28T17:10:07Z)

Ecuador declares emergency amid police protests

Ecuador declared a state of emergency after President Rafael Correa was overcome by tear gas Thursday at a barracks in Quito, the capital, where he went to confront police who had walked off the job in protest over salaries and benefits. Correa was seen ... (Source: Los Angeles Times 2010-09-30T22:29:52Z)

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)

Grants help Navajo Tech offer previously unheard of opportunities

CROWNPOINT — Twenty computer monitors stacked together into columns taller than a basketball hoop and wider than a truck make one super computer that may soon change life in Crownpoint. The Navajo Technical College in Crownpoint is in the process of ... (Source: Farmington Daily Times 2010-09-29T08:04:54Z)

Egypt sets target of US$10 billion in outsourcing exports by 2020

Egypt hopes to see a tenfold increase in exports from its growing outsourcing industry by 2020 and will boost its focus on information technology entrepreneurship and co-ownership of intellectual property, the country's information technology minister said ... (Source: China Post 2010-09-30T03:17:23Z)

Southwest Airlines Agrees To Acquire AirTran In $1.4B Deal

Southwest Airlines Co. (LUV) agreed to acquire AirTran Holdings Inc. (AAI) for $1.4 billion in cash and stock, the first major merger among healthy U.S. discount carriers. The proposed deal follows Southwest's failed effort to acquire Denver-based Frontier ... (Source: Wall Street Journal 2010-09-27T11:20:33Z)

RPT-UPDATE 1-US mortgage rates at record lows-Freddie Mac

NEW YORK, Sept 30 (Reuters) - U.S. 30-year and 15-year mortgage rates either tied or reached record lows in the latest week, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom ... (Source: Reuters 2010-09-30T14:58:54Z)

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)

York Water Co. rate increase cut in half by settlement

Pending a judge's approval, York water rates will only slightly increase. York Water Co. president and CEO Jeffrey Hines announced Wednesday that he has filed a settlement of the company's pending rate case with the Pennsylvania Public Utility Commission ... (Source: York Dispatch Online 2010-09-30T10:48:21Z)

2nd UPDATE: Southwest Airlines To Buy Discount Rival AirTran

Southwest Airlines Co. (LUV) on Monday announced plans to buy discount rival AirTran Holdings Inc. (AAI) in a move that would revive its stalled international expansion and intensify pressure on network carriers on the U.S. East Coast. The definitive ... (Source: Wall Street Journal 2010-09-27T12:17:49Z)

Mortgage rates at record lows: Freddie Mac

NEW YORK (Reuters) - U.S. 30-year and 15-year mortgage rates either tied or reached record lows in the latest week, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom rates offer a ... (Source: Reuters 2010-09-30T14:51:44Z)

Orlando Magic and NBA News: Thursday, Sept. 30

When Stan Van Gundy visited Dwight Howard in Atlanta this summer, he flew up from Orlando then took the metro train to his lunch spot with Howard. How many other NBA coaches would ride the MARTA? "None," Howard said. That's the type of dedication Van ... (Source: ProBasketballNews.com 2010-09-30T14:30:16Z)

Tougaloo taken off warning

Tougaloo College was removed from the Southern Association of Colleges and Schools' warning list this June after the association's Commission on Colleges found the institution's financial standing to have improved since its July 2009 sanction. Tougaloo and ... (Source: Brown Daily Herald 2010-09-29T04:08:41Z)

Magic to offer Dwight Howard extension next year

The Orlando Magic will offer center Dwight Howard a contract extension in the summer of 2011, well before Howard can become a free agent. Magic general manager Otis Smith told the Orlando Sentinel during Monday's team media day that he will approach Howard ... (Source: Sporting News 2010-09-27T23:45:00Z)

Google says company's future in China 'very uncertain' after search engine shut

HONG KONG - Google's future in China is "very uncertain" after it pulled its search engine from the country in a dispute over restrictions on freedom of information, a company official said Wednesday. Google shut down its mainland Chinese search services ... (Source: Canada East 2010-09-29T17:23:15Z)

York Water to offer $15M in bonds to pay short-term debt

The York Water Co. plans to offer about $15 million in bonds in the coming days to help pay off short-term debt, said President and CEO Jeffrey R. Hines. Proceeds from selling the bonds will go toward paying off lines of credit the York-based water utility ... (Source: Central Penn Business Journal 2010-09-30T13:54:28Z)

Google says its future in China uncertain

HONG KONG - Google's future in China is "very uncertain" after it pulled its search engine from the country in a dispute over restrictions on freedom of information, a company official said Wednesday. Google shut down its mainland Chinese search services ... (Source: MSN Canada News 2010-09-29T17:16:05Z)

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