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, 8:41 am

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)

Comic Con Staying in San Diego Through 2015

There's not too much more to this than what's in the headline; after a great deal of back and forth about possibly moving the San Diego Comic Con to another city, such as Anaheim, the con has decided to stay put. The organization had previously been ... (Source: Slashfilm.com 2010-10-01T07:33:54Z)

Oil Rises With Corporate Deals; Pump Prices Fall

Oil prices rose Tuesday as traders dismissed a disheartening report about U.S. consumer confidence and focused on more upbeat news from corporate America and Europe. Benchmark crude for November delivery rose 13 cents to $76.66 a barrel in midday trading ... (Source: ABC News 2010-09-28T16:20:00Z)

U.S. Stocks Fluctuate as Factory Data Overshadows Spending

Oct. 1 (Bloomberg) -- U.S. stocks swung between gains and losses after a report showing manufacturing expanded at the slowest pace in 10 months wiped out an early rally triggered by growth in personal spending and incomes. Accenture Plc, the world's ... (Source: BusinessWeek 2010-10-01T14:57:42Z)

Speakers bureau handling Pawlenty

Minnesota Gov. Tim Pawlenty has hooked up with a noted speakers bureau to arrange appearances after he leaves office in early 2011. The firm, Leading Authorities, announced Wednesday that it had an exclusive deal with Pawlenty. Terms weren't disclosed ... (Source: Pioneer Press 2010-09-30T04:43:17Z)

Sorry, Anaheim; Comic-Con Inks Deal to Stay in San Diego

The unconventional convention Comic-Con will stay in its birthplace for at least five years, according to published reports. Several news outlets, including Entertainment Weekly , reported Thursday that Comic-Con had committed to staying in San Diego "for ... (Source: NBC Los Angeles 2010-10-01T14:14:45Z)

The Franklin News-Post

ATHENS, W.Va. -- Concord (W.Va.) University freshman running back Tae Gilbert, a former Franklin County standout, scored the first two touchdowns of his college football career Saturday in the Mountain Lions' 37-28 victory over the University of Charleston ... (Source: Franklin News Post 2010-10-01T10:54:20Z)

Senate GOP leader coming to West Virginia

CHARLESTON - The Republican leader in the U.S. Senate next month will be in Charleston campaigning for GOP candidates in the Mountain State. Sen. Mitch McConnell of Kentucky will be keynote speaker at the West Virginia Republican Victory Gala on Oct. 22 at ... (Source: Parkersburg News & Sentinel 2010-09-30T04:57:36Z)

Oil stays above $76 in Europe after report shows surprise fall in US crude supplies

SINGAPORE — Oil prices made small gains above $76 a barrel on Wednesday as the dollar weakened and a report showed U.S. crude supplies dropped last week, suggesting demand may be improving. By early afternoon in Europe, benchmark crude for November ... (Source: San Francisco Examiner 2010-09-29T12:44:04Z)

Repsol Sells Brazil Stake to Sinopec for $7.1 Billion

Repsol SA of Spain announced the sale of 40% of its Brazilian assets to China Petrochemical Corp. for $7.1 billion, in one of the largest Chinese oil acquisitions to date. The deal guarantees Repsol key funding to explore vast and coveted offshore oil ... (Source: Wall Street Journal 2010-10-01T14:00:26Z)

Wale of a Ryder Cup: Europe takes early lead before heavy rain halts play at Ryder Cup

NEWPORT, Wales - Workers scurried around the greens with squeegees, furiously pushing the water away before every putt. Players sloshed down soaked fairways, desperately searching for a spot to hit from that was somewhat dry. The Americans couldn't even ... (Source: Minneapolis Star Tribune 2010-10-01T15:04:52Z)

San Diego remains home to Comic-Con

SAN DIEGO -- San Diego will remain home to Comic-Con for the next five years. San Diego city officials and the company that puts on the huge pop-culture event will announce a five-year contract this morning. The San Diego Union Tribune reports the ... (Source: San Jose Mercury News 2010-10-01T14:36:14Z)

Oil hovers below $78 after US crude supply drop

Oil prices hovered below $78 a barrel Thursday in Asia after strong gains the previous day on a drop in U.S. crude supplies, a sign demand may be improving. Benchmark crude for November delivery was down 2 cents to $77.84 a barrel at late afternoon ... (Source: AP - msnbc.com 2010-09-30T08:25:11Z)

Stocks waver after data shows growth remains slow

NEW YORK — Signs of slowing growth in manufacturing kept investors' enthusiasm in check Friday as the final quarter of the year got under way. The Dow Jones industrial average rose 22 points in late morning trading after the Institute for Supply ... (Source: Houston Chronicle 2010-10-01T15:12:01Z)

Continental shares expected to end trading Friday

Continental Airlines Inc. shares are expected to stop trading on the New York Stock Exchange Friday after Continental and United announce they've completed their deal to combine into the world's biggest airline. The combined airline will carry the United ... (Source: AP - msnbc.com 2010-09-30T23:12:49Z)

Golf-Ryder Cup to resume after rain delay, Monday finish likely

NEWPORT, Wales Oct 1 (Reuters) - The 38th Ryder Cup was almost certainly heading for an unprecedented Monday finish after a weather delay of just over seven hours in Friday's opening fourball matches at a waterlogged Celtic Manor. Although play was set to ... (Source: Reuters 2010-10-01T14:57:42Z)

UAL, Continental close deal to form No. 1 airline

CHICAGO (Reuters) - UAL Corp (NasdaqGS: UAUA - News ) and Continental Airlines Inc (NYSE: CAL - News ) closed their merger deal on Friday to form the world's largest carrier, called United Airlines. The new holding company formed from the $3.17 billion all ... (Source: Yahoo Finance 2010-10-01T12:27:23Z)

United, Continental close deal to become world's largest airline

United and Continental closed the deal today that will create the world's biggest airline, ending Delta's brief hold on the top spot. The transaction puts the two airlines in the same holding company, United Continental Holdings Inc., which will spend ... (Source: Oregonian 2010-10-01T15:12:01Z)

Repsol in $7.1 Billion Brazil Deal With Sinopec

Repsol , the Spanish oil company, said Friday that it had sold a 40 percent stake in its Brazilian unit to Sinopec for $7.1 billion as it prepares to develop offshore fields like those that led to the $70 billion Petrobras I.P.O. last week. The deal, which ... (Source: New York Times Blogs 2010-10-01T10:47:10Z)

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)

FACTBOX-China M&A activity, energy deals and Brazil investment

Oct 1 (Reuters) - Chinese refiner Sinopec Group and Spanish oil major Repsol ( REP.MC ) have agreed to form a $17.8 billion joint venture to exploit Repsol's Brazilian oil deposits, Repsol said on Friday. [ID:nLDE69007U] Fast-growing, resource-hungry China ... (Source: Reuters 2010-10-01T11:22:58Z)

Bullish Hertz Options Nearly Wiped Out by Nixed Deal

Oct. 1 (Bloomberg) -- Hertz Global Holdings Inc. options traders who snapped up bullish contracts as the company bid to buy its rival were nearly wiped out yesterday after Dollar Thrifty Automotive Group Inc. shareholders rejected the offer. Investors ... (Source: BusinessWeek 2010-10-01T14:57:42Z)

AIG to sell 2 Japanese life insurance units to Prudential Financial for about $4.2 billion

NEW YORK (AP) — AIG , which reportedly is close to a deal that would allow the U.S. government to exit its ownership interest, says it will sell its two Japanese life insurance units to Prudential Financial Inc. for about $4.2 billion in cash. The ... (Source: Los Angeles Times 2010-10-01T04:34:56Z)

At 12, Google idealism now tinged with the pragmatic - Nation and World - Charleston Daily Mail - West ...

The Google campus in Mountain View, Calif., has been the home to legendary parking lot roller-hockey games and serves as the base for its work force of 22,000. SAN JOSE, CALIF. - They called it "the airport test." When Google filed its incorporation papers ... (Source: Charleston Daily Mail 2010-09-27T11:13:23Z)

Wall Street Inches up on Deal News but Data Weighs

NEW YORK (Reuters) - The Dow .DJI> and the S&P 500 edged up on Tuesday as corporate deal news and earnings expectations continued to fuel investor optimism. Wall Street had opened lower after weak data on the state of consumer and the housing sector, but ... (Source: ABC News 2010-09-28T20:09:04Z)

Now You'll Have To Talk To His Agent

MN Gov. Tim Pawlenty (R) has signed with "noted speakers bureau" Leading Authorities "to arrange appearances after he leaves office in early" '11. Leading Authorities announced 9/29 "that it had an exclusive deal with ... This content is for subscribers of ... (Source: NationalJournal.com 2010-09-30T16:24:48Z)

Pawlenty signs deal with speakers bureau

Gov. Tim Pawlenty has signed on with a firm to arrange his speaking appearances next year after he leaves office. The company, Leading Authorities, announced today an exclusive deal to represent Pawlenty. The Republican governor is widely viewed as a ... (Source: Marketplace.publicradio.org 2010-09-29T16:40:18Z)

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)

Europe holds early lead at rainy Ryder Cup

NEWPORT, WALES — Workers scurried around the greens with squeegees, furiously pushing the water away before every putt. Players sloshed down soaked fairways, desperately searching for a spot to hit from that was somewhat dry. The Americans couldn't even ... (Source: Denver Post 2010-10-01T14:43:23Z)

AIG reaches deal to repay government

New York -- AIG said today it reached a deal to repay the government billions of dollars in assistance it received during the credit crisis. The U.S. Treasury Department will swap debt it currently holds in AIG for common stock and then sell those shares ... (Source: Detroit News 2010-10-01T11:22:58Z)

Blog Archive