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, 8:42 pm

UPDATE 3-TPG talks to invest in VTB Kremlin backed - source

PARIS/MOSCOW, Sept 21 (Reuters) - TPG Capital [TPG.UL] is considering buying 10 percent of VTB ( VTBR.MM ), Russia's second-largest bank, in a deal which would have the Kremlin's blessing, a source close to the matter said. "It is still early days... but ... (Source: Reuters 2010-09-21T15:59:40Z)

Thor Industries shares advance after fiscal 4th-quarter profit tops estimates

NEW YORK — Shares of Thor Industries Inc. jumped on Wednesday after the recreation vehicle maker reported better-than-expected earnings on sharply higher revenue for the fiscal fourth quarter. Thor said it had better margins due to cost-cutting measures ... (Source: Washington Examiner 2010-09-29T19:32:06Z)

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)

Postnup, Dodgers at center of case

The couple who tried to restore the Los Angeles Dodgers as a family franchise walked out of a divorce court Wednesday, placing the team's future in the hands of a judge. Superior Court Judge Scott Gordon must decide whether a postnuptial marital agreement ... (Source: FOXSports.com 2010-09-30T05:33:23Z)

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)

AIG reaches deal to repay America

NEW YORK --- American International Group Inc., 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 ... (Source: Augusta Chronicle 2010-10-01T03:09:02Z)

AIG reaches deal to repay government bailout funds

NEW YORK — AIG, which became a lightning rod for criticism over government bailouts, says it has 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: Deseret News 2010-10-01T02:54:43Z)

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)

TPG talks to buy 10 pct of VTB backed by Kremlin-source

PARIS/MOSCOW, Sept 21 (Reuters) - Texas Pacific Group is considering buying 10 percent of VTB ( VTBR.MM ), Russia's second-largest bank, in a deal which would have the Kremlin's blessing, a source close to the matter said. "It is still early days... but ... (Source: Reuters UK 2010-09-21T04:25:19Z)

Wal-Mart buys African retailer for $4.25 billion

NEW YORK -- Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a surprise move. A deal would give the world's largest retailer an opening to expand in Africa, a fast-growing region. Wal-Mart ... (Source: San Jose Mercury News 2010-09-27T22:33:25Z)

Queen Latifah Invests In New York Spring Water Co.

(AllHipHop News) Superstar rapper/actress Queen Latifah is expanding her business portfolio with a new investment in New York Spring Water Inc. Queen Latifah's Flavor Unit Entertainment recently became part owners in New York Spring Water, which markets ... (Source: allhiphop.com 2010-09-30T09:43:56Z)

Veterans brace for emotional arrival of Wall

NORTH PLATTE - For most Americans, the Vietnam Memorial Wall is a visualization of what 58,000 imprints of sacrifice looks like, with the understanding that each name represents a fallen American warrior. For those who were in the jungles of Vietnam, the ... (Source: Lexington Clipper-Herald 2010-09-30T13:54:28Z)

Vietnam Memorial Wall Comes To Blue Springs

KMBC.com Emotions hovered just below the surface Thursday as Vietnam War veterans placed a hand on the name of a fallen comrade. Family members and friends also came to Blue Springs to honor the service of those killed or missing in action during the war ... (Source: msnbc.com 2010-09-30T22:44:11Z)

LATIFAH DIVES INTO NEW SPRING WATER INVESTMENT

Rapper/actress QUEEN LATIFAH is expanding her business empire by splashing out on a spring water company. The star's Flavor Unit Entertainment company has become part owners of New York Spring Water Inc., which markets VBlast vitamin drinks. The investment ... (Source: PR Inside 2010-09-30T14:37:25Z)

Thor acquires Heartland in $209M deal

Thor Industries Inc. has rolled another RV maker into its portfolio of companies. Jackson Center-based Thor (NYSE: THO) announced Friday it acquired Elkhart, Ind.-based Heartland Recreational Vehicles LLC, which manufactures towable recreational vehicles ... (Source: Dayton Business Journal 2010-09-17T13:48:25Z)

Reds report: Inside pitch

The Reds and manager Dusty Baker are nearing an agreement on a two-year contract extension. "We're close, very close," Baker said. "We've been close for a while." Baker, in the final year of his three-year contract, has led the Reds to their first playoff ... (Source: CBS Sports 2010-10-01T02:33:15Z)

Queen Latifah Follows 50 Cent with New Water Deal

Queen Latifah's Flavor Unit Entertainment has bought into New York based beverage company New York Spring Water Inc, in an effort to expand the company internationally. The Grammy Award winning artist and Oscar nominated actress and her business partner ... (Source: Singersroom 2010-09-29T19:53:34Z)

AIG, government reach deal

NEW YORK (AP) — AIG, which became a lightning rod for criticism over government bailouts, says it has 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 ... (Source: Omaha World-Herald 2010-10-01T03:23:21Z)

Lady Gaga signs deal with Giorgio Armani

London, Sep 30 (IANS) Pop singer Lady Gaga has inked a deal with Italian fashion house Giorgio Armani to create her costumes for her Monster Ball tour. 'A huge company like Giorgio Armani has the duty to always be alert to trends and what appeals to young ... (Source: MSN India 2010-09-30T07:06:27Z)

McCourts still battling over control of Dodgers

LOS ANGELES -- The divorce trial of Frank McCourt and Jamie McCourt concluded on Wednesday, as attorneys from both sides made closing arguments in front of Superior Court Judge Scott Gordon at the Stanley Mosk Courthouse in downtown Los Angeles. Gordon now ... (Source: Major League Baseball 2010-09-30T05:11:55Z)

Thor Industries Purchases Heartland RV

Thor Industries Inc. (NYSE: THO) of Ohio says it has acquired Elkhart-based Heartland Recreational Vehicles LLC for more than $200 million in cash and stock. Under terms of the deal, Heartland will remain an independent operation in northern Indiana with ... (Source: Inside Indiana Business 2010-09-17T14:31:22Z)

Lady Gaga 'signs Armani deal'

The 24-year-old Poker Face singer will take her 'Monster Ball' tour to Italy in December and the designer label is planning to create her costumes. Roberta Armani, head of VIP relations at the label, told the Wall Street Journal, "A huge company like ... (Source: Zimbio 2010-09-30T18:47:57Z)

Wal-Mart eyes South Africa

N EW YORK - Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a bid to jump-start growth beyond its sluggish U.S. business. A deal would give the world's largest retailer an opening to expand ... (Source: Boston Herald 2010-09-28T08:56:12Z)

Wal-Mart offers to buy South African-based Massmart for $4.25 billion

Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a bid to jump-start growth beyond its sluggish U.S. business. A deal would give the world's largest retailer an opening to expand in South ... (Source: Kansas City Star 2010-09-28T07:23:08Z)

Russia's IIB, VTB to reach credit deal this wk-FinMin

* Bank owes 32 bln roubles to central bank MOSCOW, Sept 29 (Reuters) - Russia's state-controlled heavyweight VTB ( VTBR.MM ) may sign an agreement this week to issue a credit line to the troubled International Industrial Bank (IIB), Finance Minister Alexei ... (Source: Reuters 2010-09-29T10:56:42Z)

Jamie McCourt Thought Dodgers Deal Was Risky, Finance Chief Says

Sept. 28 (Bloomberg) -- Jamie McCourt, who is fighting her estranged husband over ownership of the Los Angeles Dodgers, thought the acquisition of the Major League Baseball team was "risky," its chief financial officer testified at the couple's ... (Source: BusinessWeek 2010-09-28T04:02:42Z)

Traveling Vietnam memorial wall at CSU-Pueblo

A traveling replica of the Vietnam Veterans Memorial Wall and other veterans tributes are on display at Colorado State University Pueblo through Sunday. The American Veterans Traveling Tribute was escorted onto the campus Wednesday and set up on the grass ... (Source: Colorado Springs Gazette 2010-09-30T04:57:36Z)

Lady Gaga Inks a Deal With Armani: Pop Star's Crazy Costumes Will Be Couture!

The lobster hat, the meat dress, the outfit made from Muppets—Lady Gaga's costumes are already legendary. Now, thanks to a multimillion dollar deal the songstress has signed with Italian designer Giorgio Armani, even Lady Gaga's craziest get-ups will ... (Source: Gather.com 2010-09-29T20:22:12Z)

Reds, Baker have a deal

Reds manager Dusty Baker has often said he didn't come here to leave. "I want to see this thing through," Baker said. He'll get a chance. The Reds and Baker have agreed in principle to a two-year contract extension. "We're close, very close," Baker said ... (Source: Cincinnati.com 2010-10-01T01:14:30Z)

Reds' Baker says status quo on new deal

CINCINNATI — 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 ... (Source: Dayton Daily News 2010-09-30T22:29:52Z)

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