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 9, 2010, 12:41 pm

Sanofi-Aventis sticking to first offer for Genzyme

French drugmaker Sanofi-Aventis SA says it's sticking to its original offer of $69 per share to buy U.S. biotech company Genzyme Corp. That's despite rumors that Paris-based Sanofi has upped its offer by $2 a share ... (Source: AP - msnbc.com 2010-09-09T18:22:45Z)

Mid Cap Stocks to Watch: (Mariner Energy, Inc., 3PAR Inc., H&R Block, Inc., Tyson Foods, Inc.)

... storage firm 3Par said Thursday that Hewlett-Packard Co. has raised its offer to buy the company for $33 a share, for a valuation of roughly $2.4 billion. That offer tops a revised bid from Dell Inc. which had ... (Source: Emailwire 2010-09-03T08:21:25Z)

CAPITAL CULTURE: Obama, Michelle Obama's loose lips tell plenty about Malia, Sasha's doings

WASHINGTON — Twelve-year-old Malia Obama wears ... Barack and Michelle Obama put their girls off-limits to the news media after they moved to the White House, saying they wanted to keep their daughters' lives as ... (Source: Washington Examiner 2010-08-31T07:06:14Z)

Obamas offer glimpse of daughters' lives

WASHINGTON -- Twelve-year-old Malia Obama wears braces, toots a flute and is after her father to save the tigers. Sasha ... Michelle Obama put their girls off-limits to the news media after they moved to the White ... (Source: Everett Herald 2010-08-31T03:02:51Z)

Sanofi-Aventis sticking to $69-a-share offer for Genzyme, as Sanofi CEO courts ...

BRIDGEWATER, N.J. — French drugmaker Sanofi-Aventis SA says it's sticking to its original offer of $69 per share to buy U.S. biotech company Genzyme Corp. That's despite rumors that Paris-based Sanofi has upped its ... (Source: Washington Examiner 2010-09-09T19:05:42Z)

Chevron Buys Three Exploration Blocks In South China Sea From Devon - Update

Chevron, who is a partner with China National Offshore Oil Corporation (CNOOC) in producing assets in the Bohai Bay and in the South China Sea, said it will be the operator during the exploration phase under the ... (Source: RTT News 2010-09-07T16:01:58Z)

Microsoft game platform director scooped up by Amazon

Microsoft director of game platform strategy Andre "Ozymandias" Vrignaud is departing from his position after eight years on the job, apparently taking up a new position at Amazon ... work on bringing Xbox Live to ... (Source: Joystiq 2010-09-07T22:57:08Z)

New hire suggests Amazon to expand in gaming

Microsoft's director ... it's unclear why Amazon would have an interest in him. Could this mean that Amazon is expanding its gaming presence beyond being a mere retailer? He brought Xbox Live to Windows Phone 7 ... (Source: HULIQ.com 2010-09-09T01:40:36Z)

BrightSource inks deals with Riley Power for Ivanpah project

will consist of three solar thermal power plants and provide power under contracts with San Francisco-based Pacific Gas & Electric Co . and Southern California Edison . PG&E will buy about two-thirds of the power ... (Source: San Francisco Business Journal 2010-09-09T16:42:32Z)

Obama's tax-break plan is seen as no quick cure

The tax breaks won't be a game-changer," said Mark Zandi, chief economist at Moody's Analytics. "They won't turn the economy around or the jobs situation around in the next six months. But they should provide some ... (Source: Katu.com 2010-09-08T16:36:34Z)

CNOOC amends output deals with Chevron, BP

... Corp (CNOOC), the country's largest offshore oil and gas producer, said on Tuesday it signed amended production-sharing agreements with Chevron Corp and BP Plc for three deepwater blocks in the South China Sea, (Source: People's Daily Online 2010-09-09T01:26:17Z)

North Korea Celebrates Founding With No Sign of Party Congress

North Korea has asked South Korea, with which it technically remains at war, for rice and building supplies after two months of floods that wiped out crops and damaged houses, the South's Unification Ministry said ... (Source: BusinessWeek 2010-09-09T02:16:23Z)

Economists offer tepid support of Obama spending plan

I don't think the [new] proposals taken together are a game changer," said Mark Zandi, chief economist of Moody's Analytics and a strong advocate of further government action. "They're helpful but they're not going ... (Source: Yahoo Finance 2010-09-08T08:29:48Z)

Silicon Valley companies making billion dollar deals

... Cisco Systems to Intel and Oracle, some of Silicon Valley's largest companies charged out of the recession with fat bankrolls and a determination ... At the same time, growing numbers of businesses and others ... (Source: San Jose Mercury News 2010-09-02T14:06:12Z)

HP counters Dell's offer for 3par Inc.

SEATTLE (AP) — Hewlett-Packard Co. said Thursday it is raising its offer for data-storage maker 3Par Inc. to about $1.69 billion, topping a revised bid that rival Dell Inc. made public earlier in the day ... (Source: Deseret News 2010-08-27T05:09:17Z)

Silicon Valley companies making billion dollar deals [San Jose Mercury News, Calif.]

... Cisco Systems to Intel and Oracle, some of Silicon Valley's largest companies charged out of the recession with fat bankrolls and a determination ... At the same time, growing numbers of businesses and others ... (Source: TMCnet 2010-09-02T12:54:37Z)

Meet the company both Dell, HP seek

Hewlett-Packard Co and Dell Inc are both trying to buy data-storage provider 3 Par Inc -- whose board has determined that HP's $2 billion, $30-per-share takeover bid is superior to Dell's offer. 3Par also ... (Source: Times of India 2010-08-30T11:03:39Z)

CNOOC Amends South China Sea Deals

China National Offshore Oil Corporation ("CNOOC), the parent company of CNOOC Limited (NYSE: CEO - News ), signed amended production sharing contracts (PSCs) with Chevron Corporation (NYSE: CVX - News ) and BP Plc ... (Source: Yahoo Finance 2010-09-08T12:04:33Z)

North Korea Asks South For Flood Recovery Aid

South Korea says rival North Korea has asked the South for rice, cement, and heavy construction equipment to help the North recover from recent devastating flooding. South Korea's Unification Ministry said in a ... (Source: Global Security 2010-09-07T19:08:05Z)

California American Water and the City of San Marino Host California Friendly Landscape Seminars

California American Water and the city of San Marino in partnership with the Metropolitan Water District of Southern California will offer a series of free California Friendly Landscape seminars designed for ... (Source: PR Inside 2010-08-30T19:46:12Z)

Sanofi-Aventis makes $18.5 billion offer for Genzyme

PARIS (Reuters) - French drugmaker Sanofi-Aventis has submitted a non-binding proposal to acquire U.S. biotech company Genzyme in an all-cash deal worth about $18.5 billion, it said on Sunday. Genzyme ... (Source: MSN Money 2010-08-29T16:26:57Z)

What does business think?

Mark Zandi, chief economist of Moody's Analytics, said Obama's proposal would help the recovery but was not "a game changer." He estimated the plan would add 0.2 percentage point in 2011 to gross domestic product, (Source: Medford Mail Tribune 2010-09-09T03:27:58Z)

Zacks Analyst Blog Highlights: Bristol-Myers Squibb, ZymoGenetics, Family Dollar ...

The offer price represents a premium of approximately 84% over ZymoGenetics' closing price of $5.30 on Sep 7, 2010. Bristol-Myers aims to bolster its pipeline, especially for hepatitis C, through this acquisition. (Source: Zacks.com 2010-09-09T11:13:15Z)

North Korea Accepts South's $8 Million Flood Aid Offer

According to Seoul's Unification Ministry and Red Cross, North Korea's Red Cross sought rice, heavy construction equipment and cement, which it considers important for the recovery from floods. South Korea reportedly ... (Source: All Headline News 2010-09-07T13:10:10Z)

Bristol-Myers Agrees to Acquire ZymoGenetics for $885 Million

Bristol-Myers Squibb said Tuesday it had agreed to acquire ZymoGenetics, the maker of a hepatitis C drug the companies were jointly developing, for $885 million. The offer of $9.75 a share in cash was an ... (Source: Gainesville Sun 2010-09-09T09:18:44Z)

Bristol-Myers Agrees to Acquire ZymoGenetics

Bristol-Myers Squibb said Tuesday it had agreed to acquire ZymoGenetics , the maker of a hepatitis C drug the companies were jointly developing, for $885 million, Bloomberg News reports. The offer of $9.75 ... (Source: New York Times Blogs 2010-09-08T06:35:16Z)

Tidbits about Sasha, Malia trickle out

WASHINGTON -- Twelve-year-old Malia Obama wears ... Barack and Michelle Obama put their girls off-limits to the news media after they moved to the White House, saying they wanted to keep their daughters' lives as ... (Source: Delaware Online 2010-09-06T07:42:04Z)

Navy in major show of force off Southern California

The Navy released this image of the San Diego-based carrier USS Carl Vinson aligned with other ships during a tactical maneuvering exercise in Southern California waters on Sept. 1. Vinson is flanked by ... (Source: San Diego Union-Tribune 2010-09-04T18:21:32Z)

Flurry of billion-dollar deals signals coming changes in tech industry

... Cisco Systems to Intel and Oracle, some of Silicon Valley's largest companies charged out of the recession with fat bankrolls and a determination ... At the same time, growing numbers of businesses and others ... (Source: TMCnet 2010-09-08T15:03:31Z)

Microsoft To Offer Xbox 360 Kinect Bundle

Microsoft have announced ... limited edition bundle comes with a 250 GB Xbox 360, a copy of Kinect Adventures and the Kinect sensor. Gamers wanting to snap up a bundle can do so from Amazon for $399.99. Share and ... (Source: dbtechno.com 2010-09-08T14:20:34Z)

Blog Archive