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, 12:41 am

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)

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)

Licensing Executives Society (USA & Canada) Announces 2010 Deals of Distinction(TM) Awards

BusinessWire - Never before have innovation and the business of intellectual property (IP) commercialization and licensing been more heavily relied upon to spur new business than in today's sagging global economy. With this in mind, the Licensing ... (Source: Forbes 2010-09-29T16:18:49Z)

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)

DJ NGM Resources to Dispute Paladin Energy's Withdrawal Of Takeover Offer

SYDNEY, Sep 28, 2010 (Dow Jones Commodities News via Comtex) -- NGM Resources Ltd. (NGM.AU) will dispute Paladin Energy Ltd.'s (PDN.AU) decision to withdraw from its A$27 million takeover of the uranium and nickel explorer after a terrorist attack earlier ... (Source: Investors Business Daily 2010-09-29T00:12:27Z)

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)

Brian Gionta to wear 'C' in Montreal

B rian Gionta was named the 28th captain of the Montreal Canadiens yesterday, becoming the second American to hold the position in the team's 101-year history. The former Boston College star succeeded Saku Koivu, whose 10-year tenure ended when he left ... (Source: Boston Herald 2010-09-30T05:26:14Z)

Licensing Executives Society Announces 2010 Deals of Distinction™ Awards

CHICAGO (9/29/2010) — Never before have innovation and the business of intellectual property (IP) commercialization and licensing been more heavily relied upon to spur new business than in today's sagging global economy. With this in mind, the ... (Source: IPWatchdog.com 2010-09-30T15:56:10Z)

Hurricanes offer free admission for Friday's preseason game

RALEIGH — The Carolina Hurricanes updated details regarding admission for the team's free preseason game against the Atlanta Thrashers at 1:30 p.m. Friday at the RBC Center. Distribution of free general admission tickets for the game began July 16, and ... (Source: Times-News 2010-09-30T06:16:20Z)

Government gets $2.25 billion for Citigroup shares

The government said Thursday it raised $2.25 billion from the sale of trust-preferred shares that it held in Citigroup Inc., moving to recoup the costs incurred in the $700 billion financial bailout. The Treasury Department also announced it has sold an ... (Source: AP - msnbc.com 2010-09-30T22:51:20Z)

Asian stocks rise as China manufacturing jumps

Most Asian stock markets rose Friday as stronger growth in Chinese manufacturing suggested the world's No. 2 economy isn't slowing as sharply as feared. Wall Street, meanwhile, chalked up its best September in 71 years even after key indexes ended the ... (Source: AP - msnbc.com 2010-10-01T06:00:50Z)

AIG hails deal to repay billions it got in bailout

AIG, which became a lightning rod for criticism over government bailouts, said 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 the bill for ... (Source: St. Louis Post-Dispatch 2010-10-01T04:56:25Z)

Asian Shares Up; Bargain Hunting Aids Tokyo; China PMI Rises

SINGAPORE (Dow Jones)--Asian stock markets were up Friday, as beaten down stocks in Tokyo and Australia attracted buyers. Japan's Nikkei Stock Average was up 0.4%, Australia's S&P/ASX 200 was up 0.5%, South Korea's Kospi Composite was 0.2% higher and New ... (Source: Wall Street Journal 2010-10-01T01:14:30Z)

Rain pounds Celtic Manor for start of Ryder Cup

NEWPORT, Wales—The Ryder Cup is getting off to a wet start. Overnight rain continued to pour on Celtic Manor early Friday, leaving the course so soggy that officials said the opening session of matches would be preferred lies. That means players will be ... (Source: San Jose Mercury News 2010-10-01T06:36:38Z)

NanoBio® Awarded Licensing Executive Society's "Deal of Distinction" for Licensing Agreement ...

ANN ARBOR, Mich.--(BUSINESS WIRE)-- NanoBio Corporation today announced that the Company's licensing agreement with GlaxoSmithKline has been recognized by the Licensing Executive Society, Inc. (LES) as the 2009 consumer products "Deal of Distinction ... (Source: Yahoo Finance 2010-09-29T14:02:49Z)

Staring at your computer? Look away!

Are your eyes tired and itchy by the end of the day? You may have what's called Computer Vision Syndrome caused by extended periods of time staring at computer screens and smart phones. But there are simple ways to make your eyes feel better. Peter Johnson ... (Source: KENS 5 2010-09-30T01:01:22Z)

Jilted NGM challenges Paladin's withdrawal

NGM Resources Ltd (ASX: NGM) today put into legal question Paladin Energy's Ltd(ASX: PDN) announced withdrawal of a takeover bid last Friday on the basis that two of the defeating conditions to its takeover offer for NGM "have become incapable of being ... (Source: Mineweb 2010-09-29T14:24:17Z)

Welcome to gloomy Wales: Rain arrives at Celtic Manor for start of Ryder Cup

NEWPORT, Wales (AP) — The Ryder Cup is getting off to a wet start. Overnight rain continued to pour on Celtic Manor early Friday, leaving the course so soggy that officials said the opening session of matches would be preferred lies. That means players ... (Source: WGNtv.com 2010-10-01T06:36:38Z)

Doctors Offer Tips To Ease Computer Vision Syndrome

Doctors are now saying that extended periods of time staring at computers and smart phones may lead to Computer Vision Syndrome. There's not a lot most people can do about the time they spend staring at a computer screen, but there are things that can be ... (Source: KKTV 2010-09-29T23:06:51Z)

Working and living with a job where you stare at a screen

LOS ANGELES -- Are your eyes tired and itchy by the end of the day? You may have what's called "Computer Vision Syndrome" caused by extended periods of time staring at computer screens and smart phones. Peter Johnson spends about 5 hours a day working at ... (Source: WRDW-TV 2010-09-29T22:09:35Z)

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)

Treasury announces start of sale of $2.2 billion in trust preferred shares of Citigroup

WASHINGTON (AP) — The government said Wednesday it is starting to sell $2.2 billion in trust preferred shares that it holds in Citigroup , another move to recoup the costs incurred in the $700 billion financial bailout. The Treasury Department said the ... (Source: Los Angeles Times 2010-09-29T18:13:21Z)

UPDATE: Asian Shares Mostly Up; Bargain Hunting Aids Tokyo

SINGAPORE (Dow Jones)--Asian stock markets were mostly higher Friday, with some beaten down stocks in Tokyo attracting buyers amid hopes the Bank of Japan will announce additional monetary easing measures to support the economy at its policy meet next week ... (Source: Wall Street Journal 2010-10-01T04:06:18Z)

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)

Treasury announces sale of Citigroup shares

WASHINGTON -- The government said Wednesday it is starting to sell $2.2 billion in trust preferred shares that it holds in Citigroup , another move to recoup the costs incurred in the $700 billion financial bailout. The Treasury Department said the pace of ... (Source: Forbes 2010-09-29T14:31:27Z)

Johnson launches 38th Ryder Cup in pouring rain

NEWPORT, Wales (Reuters) - Dustin Johnson struck the first shot of the 38th Ryder Cup on Friday, finding the right rough off the tee at the par-four opening hole to launch the morning fourball matches in pouring rain. The big-hitting rookie partnered four ... (Source: Reuters 2010-10-01T07:05:16Z)

Paladin pallid at prospect of insecurity in Niger

SHOULD Paladin Energy be permitted to back out of its takeover offer for NGM Resources just because there have been a few kidnappings 250 kilometres up the road in Arlit, Niger? That's the question the Takeovers Panel has been asked to consider as NGM ... (Source: Sydney Morning Herald 2010-09-29T14:24:17Z)

AIG, U.S. Agree on an Exit Deal; Making It Work Will Be Tougher

The U.S. government will sell off its stake in American International Group Inc., under a plan that could end the controversial bailout sooner than many thought but that remains fraught with risk. Analysts cautioned that executing the plan, which will ... (Source: Wall Street Journal 2010-10-01T02:26:05Z)

O'Sullivan is opening eyes

RALEIGH -- While they may not have realized it at the time, the arrival of Patrick O'Sullivan at the start of the Carolina Hurricanes' training camp would make things harder for such hopefuls as Zach Boychuk, Drayson Bowman and Zac Dalpe. O'Sullivan, a ... (Source: Raleigh News & Observer 2010-09-30T06:02:01Z)

AIG, U.S. reach deal on bailout payback

American International Group Inc. said it has reached agreement in principle with U.S. government officials to repay about $100 billion in taxpayer money it still owes, a process that could end one of the largest and most controversial bailouts of the ... (Source: Los Angeles Times 2010-10-01T01:07:21Z)

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