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 5, 2010, 7:40 am

Pfizer ends brain cancer drug deal with Celldex

Celldex said it will regain full worldwide rights to develop and sell rindopepimut from Pfizer. The drug candidate is also called CDX-110. In May, the company reported positive results form a midstage study on the drug. (Source: AP - msnbc.com 2010-09-03T14:12:10Z)

UPDATE 1-Celldex says Pfizer ends cancer vaccine deal; shrs fall

or CDX-110, will return to Celldex effective Nov. 1, the company said in a statement. The vaccine is currently is mid-stage development. Celldex and Pfizer Vaccines LLC had entered into the deal in April 2008 for the ... (Source: Reuters 2010-09-03T11:41:51Z)

Celldex says Pfizer ends cancer vaccine deal; shrs fall

Celldex shares were down 36 percent at $3.05 in pre-market trade on Friday. Worldwide rights to develop and market the vaccine rindopepimut, or CDX-110, will return to Celldex effective Nov. 1, the company said in a ... (Source: Inside Fidelity 2010-09-03T12:17:38Z)

Hurricane prompts Sneads Ferry couple to camp in Kinston

... the storm caused any property damage between the Oregon Inlet and the Virginia border. Communities there include Kitty Hawk, Corolla and Duck n Beaches and businesses south of Hatteras and Ocracoke islands are ... (Source: ENC Today 2010-09-04T04:02:32Z)

Perdue: Earl Left No Major Damage Or Injuries

... caused any property damage between the Oregon Inlet and the Virginia border. Communities there include Kitty Hawk, Corolla and Duck. Perdue says the beaches and businesses south of Hatteras and Ocracoke islands ... (Source: WITN 2010-09-03T16:28:11Z)

After Earl, power being restored to Outer Banks

By 12:30 p.m., all power had been restored to Ocracoke Island ... caused any property damage between the Oregon Inlet and the Virginia border. Communities there include Kitty Hawk, Corolla and Duck. Currituck County ... (Source: WVEC 2010-09-03T17:25:27Z)

UPDATE: Emmis shares slide after firm says deal in peril

Keywords Emmis Communications Corp. shares tumbled 14 percent Monday morning after private-equity firm Alden Global Capital backpedaled and withdrew its support for a compromise aimed at saving CEO Jeff Smulyan's ... (Source: Ibj.com 2010-08-30T16:04:17Z)

HOCKEY Devils get Kovalchuk; NHL, union reach long-term deal

NEWARK, N.J. -- The New Jersey Devils did more than sign Ilya Kovalchuk to a $100 million contract. ... A byproduct of the revised 15-year deal was that the Devils helped the NHL and ... (Source: Erie Times-News 2010-09-05T12:08:07Z)

Pastor killed in Spokane Valley remembered

... Spokane Valley pastor fatally shot by a police officer. The service at the Greenacres Baptist Church that 74-year-old Wayne Scott Creach founded ... Spokane County sheriff's Deputy Brian Hirzel, who is assigned ... (Source: Everett Herald 2010-08-31T13:18:28Z)

Deputy in Spokane Valley pastor shooting unavailable for detective interviews

The deputy who fatally shot a Spokane Valley pastor last ... family members of Pastor Wayne Scott Creach said they'd been told by detectives in charge of the investigation that Deputy Brian Hirzel was allowed by ... (Source: Tacoma News Tribune 2010-09-01T20:48:15Z)

NHL News: New Jersey Devils And Ilya Kovalchuk Deal Ok'd By League

Second time's a charm. Kovalchuk, the Devils, and the League have agreed upon a 15-year $100 million contract that comes in just below the 17-year, $102 million contract that was voided by the league ... (Source: Inside Pulse 2010-09-04T17:24:16Z)

Devils tout 'good faith' in Ilya Kovalchuk deal

NEWARK, N.J. (AP) - The New Jersey Devils say they acted in good faith during their contract negotiations with Ilya Kovalchuk. The NHL signed off on Kovalchuk's latest contract with the Devils on Friday ... (Source: Washington Times 2010-09-05T08:47:41Z)

Netflix's New Killer App

There's a new Netflix (Nasdaq: NFLX ) app out for Apple's (Nasdaq: AAPL ) iPhone, iPad, and iPod Touch -- available to anyone with a Netflix account (which starts at $8.99 per month). This free app allows ... (Source: Motley Fool 2010-09-03T13:57:51Z)

3G Capital to buy Burger King for $3.26 billion

NEW YORK (Reuters) - Burger King Holdings Inc <BKC.N> , the No. 2 U.S. fast-food chain, agreed to be bought by investment firm 3G Capital for $24 per share, or about $3.26 billion. The deal represents a 46 ... (Source: Town Hall 2010-08-29T23:57:55Z)

Emmis stock skids on deal doubts

Alden Global Capital, the New York-based firm that had agreed to fund the $90 million deal, has changed its mind, Emmis said. It's the latest in a string of setbacks for a deal led by Emmis CEO Jeff Smulyan to buy ... (Source: Indianapolis Star 2010-08-31T10:55:18Z)

At least one Palestinian killed in Israel's raid on Gaza tunnels

... violence coincides with the first direct peace talks in nearly two years between Israel and the Palestinians in Washington. Israel's Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas are ... (Source: Earthtimes 2010-09-05T08:04:44Z)

Peace deal requires new approach - Netanyahu

Hamas killed four Israeli settlers in a West Bank attack that coincided with the Washington summit. On Saturday, Palestinian militants in Gaza fired rockets at Israel, drawing an Israeli air strike on smuggling ... (Source: msnbc.com 2010-09-05T12:00:57Z)

Clinton: time ticking for Israel-Palestinian peace

WASHINGTON (Reuters) - Secretary of State Hillary Clinton on Friday urged Israel and the Palestinians to overcome the final obstacles to peace, saying their new talks may be a last chance to end the ... (Source: Reuters 2010-09-04T10:29:05Z)

Celldex Shares Tank as Pfizer Terminates Partnership to Develop Brain Cancer Vaccine

Celldex Therapeutics' ( CLDX ) shares slumped over 30% Friday to $3.28 after it said it would regain full worldwide rights to its experimental ... disease," said Celldex President and CEO Anthony Marucci. " (Source: Daily Finance 2010-09-03T15:16:36Z)

Pfizer terminates agreement, Celldex says

Pfizer no longer regards the vaccine, rindopepimut, as a "strategic priority," Celldex Therapeutics said in a press release . Celldex added that it will regain full worldwide rights ... disease," Anthony Marucci, (Source: Boston Globe 2010-09-03T11:49:00Z)

Plea deal soon in embezzlement case

Christopher J. Ward, the former treasurer for the National Republican Congressional Committee, is expected to reach a ... The alleged embezzlement from the NRCC was discovered in early 2008 after Republican lawmakers ... (Source: Politico.com 2010-09-01T20:33:56Z)

3G Capital to Buy Burger King, Litigation and All

... a "message to Burger King Holdings, Inc. franchisees," in part stating, "We understand that you may have some concerns and questions regarding the immediate impact to your business. Together with BKC ... (Source: Blue MauMau 2010-09-02T22:12:58Z)

Ex-NRCC Treasurer Admits to Stealing

Christopher J. Ward was the treasurer of the National Republican Congressional Committee from 2003 to 2007. The Bethesda, Md., resident has been under investigation for embezzlement for some time. On Friday, Ward ... (Source: msnbc.com 2010-09-04T03:55:22Z)

Apple Tv Could Help Netflix Growth

Shares in Netflix (Nasdaq: NFLX) neared their all-time high on Thursday, after Apple (Nasdaq: AAPL) said that the company's streaming video service would be added to a new version of Apple TV. The tie-in with Apple ... (Source: WTOP Radio 2010-09-03T22:04:37Z)

Pfizer ends deal with Celldex

Celldex Therapeutics, Inc. (Nasdaq: CLDX) says Pfizer has terminated its agreement ... cancer) has given credibility to cancer vaccines and it's very exciting," Anthony Marucci, CEO of Celldex said in May. (Source: Boston Business Journal 2010-09-03T16:13:52Z)

Burger King (BKC) Acquired By 3G Capital for $24/Share

Burger King Holdings Inc. (NYSE: BKC ) has agreed to be acquired for $3.26 billion by the private-equity firm 3G Capital, or $4 billion with the assumption of the company's debt. According to the terms of the deal ... (Source: StreetInsider.com 2010-09-02T13:51:53Z)

Piper Jaffray Maintains an 'Overweight' Rating on Netflix (NFLX), Apple TV Deal Would Expand WI ...

Piper Jaffray maintains an 'Overweight' rating on Netflix, Inc. (Nasdaq: NFLX ), price target $140. Piper analyst says, "Later today (9/1 at 1pm ET) Apple (Nasdaq: AAPL ) will host a special event, which for the last ... (Source: StreetInsider.com 2010-09-01T11:44:13Z)

Ex-local deputy involved in fatal shooting probe

Spokane County Sheriff's Deputy Brian Hirzel shot and killed Greenacres Baptist Church Pastor Wayne Scott Creach, 74, after a confrontation last Wednesday night in the parking lot of Creach's Spokane Valley nursery ... (Source: Coeur d'Alene Press 2010-09-01T00:59:59Z)

Breaking: Alden Capital walks on Emmis deal

It appeared that Jeff Smulyan had come to terms with the preferred shareholders group on a revised deal to take Emmis Communications private, but how his financial backer, Alden Global Capital, has had second ... (Source: Radio Business Report 2010-08-30T14:02:36Z)

Former Republican treasurer pleads guilty to embezzlement

Former Republican treasurer pleads guilty to embezzlement ... variety of political committees, including an NRCC account for annual fundraising dinners with President George W. Bush. Christopher J. Ward, 41 ... (Source: Fort Worth Star-Telegram 2010-09-04T01:03:35Z)

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