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 / October 1, 2010, 11:41 pm

Citigroup Wins $469 Million Sale of New York State-Backed Bonds

Citigroup Inc. submitted the winning bid for $469.4 million of New York state tax-exempt bonds backed by annual appropriations. The winning bid of a 1.42 percent fee beat seven other banks. Barclay's Capital was closest, with 1.47 percent, while Goldman ... (Source: Bloomberg 2010-09-29T08:33:32Z)

New York only state to broaden Medicaid

WASHINGTON -- While facing unprecedented deficits, New York State was nonetheless the only state in the nation to decide to broaden eligibility, benefits and medical provider payments for Medicaid -- the state-federal health program for the elderly ... (Source: Buffalo News 2010-10-01T13:24:39Z)

Castle Harlan Completes Sale of Ames True Temper, Leading Maker of Lawn and Garden Tools ...

Castle Harlan, Inc., the New York private equity firm, announced today that Castle Harlan Partners IV has completed the sale of Ames True Temper, Inc., the leading North American manufacturer and global marketer of non-powered lawn and garden tools and ... (Source: TradingMarkets.com 2010-09-30T18:26:29Z)

Old Republic completes purchase of PMA Capital

PMA Capital Corp. said Friday its sale to fellow insurer Old Republic International Corp. for $365 million has been completed. The deal, announced June 10, includes $228 million in stock and the assumption of $137 million of debt by Chicago-based Old ... (Source: Philadelphia Business Journal 2010-10-01T15:26:20Z)

College football: Johnnies bear down for Tommy challenge

COLLEGEVILLE — Yes, there is the rivalry, with all the hoopla it entails on both campuses. And yes, it is homecoming, and a crowd that could hit 13,000 or higher is expected to be on hand. But St. John's senior quarterback Joe Boyle and his teammates ... (Source: St. Cloud Times 2010-10-01T16:52:14Z)

Hon Hai Falls Most in 4 Weeks After Convertibles Sale

(Adds equity analyst comment in third paragraph.) Oct. 1 (Bloomberg) -- Hon Hai Precision Industry Co., the world's largest contract manufacturer of electronics, fell the most in four weeks after selling $1 billion of unsecured bonds which can be ... (Source: BusinessWeek 2010-10-01T05:32:12Z)

AT&T Names Amy Hines Kramer Legislative Director of AT&T New York

Author : AT&T Inc. "What is most critical is that AT&T's New York customers and public officials are always afforded the best possible service and partnering in the telecommunications industry," said Lenox.  "Amy will be a key player in that endeavor ... (Source: Earthtimes 2010-10-01T14:00:26Z)

Clearwire Resignations Spark Chatter

Three top executives of Sprint Nextel resigned from the board of its Clearwire venture, stoking speculation it would pave the way for a wholesale deal or equity stake sale to T-Mobile USA , Reuters reported. Sprint said the resignations were only to comply ... (Source: New York Times Blogs 2010-10-01T17:35:11Z)

THE BIG QUESTION: Will the UK's FiT Ensure its Solar Sector's Future?

London, UK Given recent developments in Germany and Spain, will the UK's solar feed-in tariff be enough to engender a long-term sustainable solar manufacturing and installation industry in Britain? If not, then how can this be achieved? And how should the ... (Source: RenewableEnergyWorld.com 2010-10-01T10:40:01Z)

PMA Capital shareholders OK sale to Old Republic

BLUE BELL, Pa. - PMA Capital Corp. said Tuesday its shareholders have approved insurer Old Republic International Corp.'s bid for PMA. The shareholder vote clears the way for the $228 million, all-stock transaction to close Oct. 1 as planned. Under the ... (Source: CNBC 2010-09-21T22:33:23Z)

BP to Resume Dividends

This article has been adapted from our sister site across the pond,   Fool UK . BP 's (NYSE: BP ) long, slow climb back toward respectability took another significant step on Thursday, with new chief executive Bob Dudley hinting that the company may ... (Source: Motley Fool 2010-10-01T18:46:46Z)

Dell Makes $100 Billion Bet on China

Dell Inc. is making a $100 billion bet that China will remain one of the fastest-growing markets for personal computers over the next decade. Dell said Thursday it plans to open a manufacturing, sales and service center in Chengdu in 2011 that could ... (Source: Enterprise Security Today 2010-09-19T23:54:30Z)

MeadWestvaco sells media packaging business

Packaging company MeadWestvaco Corp. says it has completed the sale of its global media and entertainment packaging business. The Richmond company said Friday the business was sold to Atlas Holdings LLC for $68 million in cash. It had first announced an ... (Source: AP - msnbc.com 2010-10-01T16:09:17Z)

Habben, Johnson are latest to join Cardinal HOF

The Willmar Cardinal Pride Hall of Fame inductees for 2010 are Kenny Johnson (Class of 1947) and Jon Habben ('75) for 2010. They'll be introduced at halftime of Friday's homecoming football game against Sauk Rapids. Habben was among the defensive ... (Source: West Central Tribune 2010-09-23T05:34:32Z)

Latest Connecticut News, Sports, Business And Entertainment:,

NEW HAVEN, Conn. (AP) The lawyer for one of the men charged in a deadly home invasion has told a Connecticut jury that the other suspect was responsible for escalating the violence. Tom Ullman, the attorney for Steven Hayes, delivered his closing argument ... (Source: WNCT 2010-10-01T19:36:53Z)

BP Plc Stock Rising, Dividend Could Return

BP Plc (NYSE:BP) stock has been rising this week, and news that the company might re-instate its dividend in 2011 is welcome to long-suffering investors. BP Plc (LON:BP) is expected to return to paying a dividend in 2011, the Wall Street Journal reported ... (Source: Times of the Internet 2010-10-01T13:46:07Z)

CSC's Dynport Vaccine Company is Awarded UK Ministry of Defence Contract for Plague ...

FALLS CHURCH, Va., – CSC ( NYSE: CSC ) announced today that the United Kingdom Ministry of Defence (UKMOD) awarded DynPort Vaccine Company LLC (DVC), a CSC company, a contract to scope the requirements for achieving licensure of the plague vaccine in the ... (Source: WebWire 2010-10-01T14:43:23Z)

MWV Completes Sale of Media and Entertainment Packaging Business for $68 Million

RICHMOND, Va., Oct 01, 2010 (BUSINESS WIRE) -- MeadWestvaco Corporation (NYSE:MWV) today announced it has completed the sale of its global media and entertainment packaging business to Atlas Holdings LLC for $68 million in cash, subject to post-closing ... (Source: Marketwatch 2010-10-01T12:27:23Z)

PMA Capital bought by Chicago insurer

Old Republic International Corp. completed its purchase of PMA Capital Corp., Blue Bell, in an all-stock deal, the companies said today. The price was about $240 million, based on Old Republic's current stock price and the number of shares PMA had ... (Source: Philadelphia Daily News 2010-10-01T16:09:17Z)

Omaha, Kearney campuses to celebrate homecoming

Two University of Nebraska system campuses are celebrating homecoming this week. The University of Nebraska at Omaha and the University of Nebraska at Kearney have held events all week to mark the 2010 homecoming. In Omaha, parties have been held for ... (Source: Beatrice Daily Sun 2010-10-01T14:29:04Z)

Dell bets China will remain fast-growing market for personal computers

SEATTLE — Dell Inc. is making a $100 billion bet that China will remain one of the fastest-growing markets for personal computers over the next decade. Dell said Thursday it plans to open a manufacturing, sales and service center in Chengdu in 2011 that ... (Source: Lubbock Avalanche-Journal 2010-09-20T05:09:27Z)

Venezuela gives BP approval to discuss assets sale

CARACAS (Reuters) - Venezuela has granted BP (LSE: BP.L - News ; NYSE: BP - News ) permission to negotiate the sale of its assets in the South American OPEC member, Venezuelan Oil Minister Rafael Ramirez said on Sunday. Last month, he said BP would need ... (Source: Yahoo Finance 2010-09-26T13:59:13Z)

Better get there early for Johnnies-Tommies game

COLLEGEVILLE — Homecoming weekend coupled with a football game between what could be Minnesota's fiercest small- college rivals will bring a lot of traffic Saturday to St. John's University. Officials are expecting 15,000 fans to show up for the game ... (Source: Post-Bulletin 2010-10-01T16:16:27Z)

High-Tech, Fuel-Efficient All-New Ford Focus Debuts at 2010 Paris Motor Show

-- New Focus to launch in North America with class-leading technologies, features and craftsmanship; highway fuel economy projected to be 40 mpg, with automatic transmission -- Production of 2012 Focus to begin in North America in late 2010, with sales of ... (Source: Daily Finance 2010-09-29T17:16:05Z)

Foster's may disappoint hopes for wine sale

The Australian brewing firm said on Sept. 7 that it rejected an approach for the unit, which media reports had tied to U.S. private-equity firm Cerberus Capital. Other suitors for the unit could include Kohlberg Kravis Roberts and TPG, which have been ... (Source: Marketwatch 2010-09-22T03:55:30Z)

Sprint officers resign from Clearwire board

NEW YORK (Reuters) - Three top executives of Sprint Nextel ( S.N ) resigned from the board of its Clearwire Corp ( CLWR.O ) venture, stoking speculation it was near a wholesale deal or equity stake sale to T-Mobile USA. Sprint said the move was to comply ... (Source: Reuters UK 2010-09-30T17:07:45Z)

Three Sprint execs resign from Clearwire board

NEW YORK (Reuters) - Three top executives of Sprint Nextel resigned from the board of its Clearwire Corp venture, stoking speculation it would pave the way for a wholesale deal or equity stake sale to T-Mobile USA. Sprint said the resignations were only to ... (Source: Reuters 2010-09-27T23:59:19Z)

Homecoming Weekend in Kearney, Omaha

Two University of Nebraska system campuses are celebrating homecoming this week. The University of Nebraska at Omaha and the University of Nebraska at Kearney have held events all week to mark the 2010 homecoming. In Omaha, parties have been held for ... (Source: WOWT 2010-10-01T18:46:46Z)

Get Out, Omaha!

If you have 15 minutes: Get online and buy your Lady Gaga ticket. The pop singer recently announced a second leg of her Monster Ball tour for 2011 and Omaha is on that list. Tickets to her March 17 performance range from $62.45 to $190.90 and go on sale at ... (Source: Omaha World-Herald 2010-10-01T03:23:21Z)

Analysis: UK spending cuts threaten solar market boom

In Spain, lucrative feed-in tariffs caused a nearly tenfold overshoot of the country's 2010 solar capacity target, sparking fears about further subsidy cuts following first slashes in 2008. Investors see Britain as one of the fastest-growing solar markets ... (Source: Reuters India 2010-10-01T16:16:27Z)

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