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Deals of the Hour / September 30, 2010, 8:42 am

Hertz threatens to end pursuit of Dollar Thrifty if offer fails

In 11th-hour one-upmanship, Hertz and Avis continue their duel. Executives of Hertz Global Holdings Inc. said Wednesday that they will end their $1.46 billion merger pursuit of Tulsa's Dollar Thrifty Automotive Group Inc. if Dollar Thrifty shareholders ... (Source: Tulsa World 2010-09-30T15:06:03Z)

Spain Wins E.U. Green Light to Subsidize Coal for 4 More Years

BRUSSELS — The European Commission on Wednesday gave Spain permission to subsidize its domestic coal industry for four more years, prompting sharp criticism from environmental groups who said the measure risked damaging efforts to transition to cleaner ... (Source: New York Times 2010-09-30T06:23:30Z)

Ireland faces "horrendous" bank bill, Spain downgraded

By Carmel Crimmins DUBLIN (Reuters) - Ireland disclosed a "horrendous" worst case price tag of over 50 billion euros ($68 billion) on Thursday for bailing out its distressed banks and said it would have to make more drastic budget savings. The euro dipped ... (Source: msnbc.com 2010-09-30T15:06:03Z)

Springfield district sued over student searches

SPRINGFIELD, Mo. (AP) — A city councilman and his wife are suing the Springfield school district and the county sheriff over law enforcement searches of students. Councilman Doug Burlison and his wife, Mellony, allege in their lawsuit that using dogs and ... (Source: Education Week 2010-09-30T08:32:21Z)

China's 'Kid' Law Firms Lure Attorneys From U.S., U.K. Rivals

Sept. 28 (Bloomberg) -- King & Wood, the Beijing-based law firm that advised on the world's largest initial public offering, isn't like the City or Wall Street rivals it worked with on the deal, International Managing Partner Rupert Li said. "We're ... (Source: BusinessWeek 2010-09-27T16:06:53Z)

TiVo to Add Hulu Plus Service

TiVo on Tuesday announced that it has pacted with Hulu to offer the Hulu Plus subscription service to TiVo Premiere DVR subscribers. Hulu Plus content includes past seasons of classic TV series, as well as every episode of more than 45 current programs ... (Source: TheWrap 2010-09-28T22:17:55Z)

IGT announces election of Greg Creed to board

Sep 30, 2010 (M2 EQUITYBITES via COMTEX) -- Provider of gaming machines and systems products International Game Technology (IGT) (NYSE:IGT0 on Wednesday announced the election of Greg Creed to its board of directors. Creed is currently president and chief ... (Source: TMCnet 2010-09-30T13:40:09Z)

Democrats offer blanket mortgage refinance plan

As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their income, credit history or loan-to-value ratio under a plan to be unveiled on Tuesday by a Democratic lawmaker. The legislation ... (Source: Chicago Tribune 2010-09-28T16:05:41Z)

Nirmohi Akhara - Allahabad High Court Ayodhya Verdict - a 60 Year Land Dispute

The Nirmohi Akhara gets 1 part of the Ayodhya site, and the other two parts are split between the Muslims and Hindus, according to the Allahabad High Court. The Ayodhya verdict involving the Nirmohi Akhara, is part of a 60 year long land dispute battle ... (Source: Gather.com 2010-09-30T14:58:54Z)

Indian court rules Hindus, Muslims should share disputed Ayodhya holy site

LUCKNOW , India (AP) — An Indian court ruled Thursday that a disputed holy site that sparked bloody riots in the past should now be divided between the Hindu and Muslim communities. But in its compromise ruling, the court gave Hindus control over the ... (Source: Daily Press 2010-09-30T14:51:44Z)

Tickets go on sale Saturday for Lady Gaga at new Amway Center

She turns meat into a fashion statement and tussles with senators over "Don't Ask, Don't Tell." Now, Lady Gaga is coming to Orlando. Tickets go on sale at 10 a.m. Saturday for an April 15 stop by Gaga's internationally acclaimed "Monster Ball" tour at the ... (Source: Orlando Sentinel 2010-09-27T19:27:18Z)

Nintendo 3DS delay casts gloom over games giant

Nintendo's struggle to bring its hotly anticipated 3D-capable player to the market has sparked concerns over the outlook for the company, with sales of its existing products sliding in key U.S. and European markets. Nintendo shares fell more than 9 percent ... (Source: msnbc.com 2010-09-30T05:26:14Z)

UPDATE 2-U.S. lawmaker unveils mortgage modification bill

WASHINGTON, Sept 28 (Reuters) - As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan unveiled on Tuesday by a Democratic lawmaker. The legislation ... (Source: Finanz Nachrichten 2010-09-28T20:59:11Z)

Janice Chaffin Joins IGT's Board of Directors

LAS VEGAS , Sept. 29 -- International Game Technology (NYSE: IGT) announced today the election of Janice Chaffin to the Company's Board of Directors. Chaffin is group president for Symantec Corporation's Consumer Business Unit, and has held the position ... (Source: Earthtimes 2010-09-30T00:25:35Z)

Real-time Data Fees, Trups Sale, Spanish TV, Eni: Compliance

U.S. stock markets must prove that competition limits the fees they charge brokers and other firms for real-time quotation data, after a court rejected the Securities and Exchange Commission's approval of charges proposed in 2006, a lawyer for Nasdaq OMX ... (Source: Bloomberg 2010-09-30T04:14:39Z)

Historic mansion in SW Missouri up for sale

SPRINGFIELD, MO (AP) - A church in southwest Missouri is trying to sale an historic mansion in southwest Missouri that has been used as bed and breakfast. For the price of $3.5 million, a buyer would get the stone mansion in southwest Springfield, an ... (Source: Kait 8 2010-09-16T13:13:48Z)

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

But the company will not launch the new version of the DS until Feb. 26 in Japan and March in the United States, by far the biggest market for the game machine maker. At 25,000 yen, the new model is priced substantially higher than the existing DS. Many ... (Source: Reuters 2010-09-30T01:15:41Z)

Lady Gaga Schedules Concert In Omaha

KCCI.com Lady Gaga has extended her Monster Ball tour and will appear in Omaha in March. Tickets for the popular singer's concert on March 17 at the Qwest Center, will go on sale on Oct. 2., beginning at 10 a.m. They will be available through LiveNation ... (Source: msnbc.com 2010-09-28T20:44:52Z)

UPDATE 1-US House lawmaker plans blanket mtg modification bill

WASHINGTON, Sept 28 (Reuters) - As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan to be unveiled on Tuesday by a Democratic lawmaker. The ... (Source: Reuters UK 2010-09-28T16:12:51Z)

Irvine lawyer charged with faking sex websites of neighbors

A prominent Irvine lawyer has been charged with impersonating his next-door neighbors, and creating fake Web pages advertising sexual services from the neighbors' home. Franklin Casco Jr., 49, pleaded not guilty in June to 10 felonies, including one count ... (Source: msnbc.com 2010-09-29T20:43:41Z)

Allahabad High Court issues Ayodhya verdict, dividing religious site

An Indian court ordered the division of a patch of land in Ayodhya at the center of an ugly dispute between Muslims and Hindus, with a majority share going to Hindus. Indians were glued to their televisions Thursday afternoon as a team of three judges at ... (Source: The Christian Science Monitor 2010-09-30T14:58:54Z)

Students at Springfield schools can still cut a rug, but dirtiest of dance moves under fire

SPRINGFIELD, Mo. (AP) — High school students in Springfield have been put on alert that the dirtiest of dance moves will not be tolerated at school functions. Some students in the district say the rules are long overdue, but others are critical of the ... (Source: KYTV 2010-09-30T11:52:47Z)

TiVo Offers Hulu Plus on TiVo Premiere DVRs

TiVo has teamed with Hulu to provide TiVo Premiere DVR subscribers with access to the full-array of Hulu Plus content streamed to their TVs. The Hulu Plus channel will be available via subscription to all TiVo Premiere customers in the coming months ... (Source: Communications Technology 2010-09-29T18:34:50Z)

Greg Creed Joins IGT's Board of Directors

LAS VEGAS , Sept. 29 -- International Game Technology (NYSE: IGT) announced today the election of Greg Creed to the Company's Board of Directors. Creed is president and chief concept officer for Taco Bell Corporation, a subsidiary of Yum! Brands, Inc. He ... (Source: Earthtimes 2010-09-30T00:25:35Z)

Ahead of the Bell: Dollar Thrifty to vote on Hertz

Shareholders of Dollar Thrifty Automotive Group Inc. are set to vote at a special shareholder meeting Thursday on a buyout offer from rival Hertz Global Holdings Inc. Dollar Thrifty's board has already said it favors Hertz's bid, worth about $50.88, over a ... (Source: AP - msnbc.com 2010-09-30T10:34:02Z)

Nintendo slashes profit forecast after saying 3DS won't be on sale for Christmas

CHIBA, Japan (AP) — Nintendo shares tumbled Thursday after the company said its 3 DS game machine, packed with glasses-free 3-D technology, won't be ready to go on sale for Christmas, crushing its earnings forecast by more than half. Nintendo now expects ... (Source: Los Angeles Times 2010-09-30T08:39:30Z)

TiVo Will Offer Hulu Plus on TiVo Premiere DVRs

ALVISO, CA -- (Marketwire) -- 09/28/10 -- TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in advanced television services including digital video recorders (DVRs) for consumers, content distributors and consumer electronics manufacturers, today ... (Source: PR Inside 2010-09-28T18:14:32Z)

Lady Gaga sets Grand Rapids date

GRAND RAPIDS -- Lady Gaga is coming to the Van Andel Arena on March 1. Tickets go on sale Saturday at 10 a.m. Cheap seats will cost you $52 and the best seat in the house will cost you $177.50. If the ticket price seems a bit steep, consider this: Her ... (Source: Detroit Free Press 2010-09-30T07:35:05Z)

King & Spalding Advises Cellu Tissue in Its Sale to Clearwater Paper

King & Spalding advised Cellu Tissue Holdings, Inc., a North American producer of tissue products, in its definitive agreement to sell the company for $502 million, including $255 million of debt, to Clearwater Paper Corporation, a manufacturer of premium ... (Source: msnbc.com 2010-09-17T13:55:34Z)

Avis shifts strategy to buy Dollar Thrifty

Executives at Hertz Global Holdings inc. said Wednesday they will end their $1.46 billion merger pursuit of Tulsa-based Dollar Thrifty Automotive Group Inc. if Dollar Thrifty shareholders vote today to reject the company's offer. In response, executives at ... (Source: Daily Oklahoman 2010-09-30T10:05:24Z)

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