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 16, 2010, 1:40 pm

Anadys prices $25 million stock offering

SAN DIEGO (AP) -- Anadys Pharmaceuticals Inc. said Friday it has priced its offering of nearly 13.9 million shares at $1.80 each, marking a 13.5 percent discount to Thursday's closing price of $2.08. Shares fell 43 cents, or 21 percent, to $1.65 in morning ... (Source: Yahoo Finance 2010-10-15T15:24:03Z)

Sale of Liverpool soccer team another loss for Tom Hicks

Tom Hicks lost his soccer team Friday after pulling his own legal punches, allowing the Liverpool Football Club's board to sell the storied franchise out from under him. It's the latest humiliation in sports ownership for Hicks, who appears to be on his ... (Source: Dallas Morning News 2010-10-16T04:52:56Z)

NHL: Phoenix Coyotes lease will lead to sale of team

The NHL is praising the lease agreement between Chicago investor Matthew Hulsizer and the city of Glendale, saying it will "finally lead to a transition of ownership of the Phoenix Coyotes." The city announced Friday that it had reached an agreement in ... (Source: AZCentral.com 2010-10-16T18:50:27Z)

World's longest tunnel completed in Switzerland

Sedrun, Switzerland — Workers hugged, cheered and set off fireworks as the huge drill broke through the last stretch of rock deep in the Swiss Alps. There was delight at the end of the tunnel — the world's longest — when it was completed Friday. The ... (Source: Detroit News 2010-10-16T05:00:06Z)

Hawker Beechcraft machinists vote on new contract

Machinists at Hawker Beechcraft voted Saturday on a new seven-year contract offer that included a 10 percent pay cut and other concessions aimed at keeping the company from moving all its operations out of Kansas. The airplane maker's union has recommended ... (Source: AP - msnbc.com 2010-10-16T19:19:05Z)

Fox-Cablevision dispute threatens MLB broadcasts

News Corp.'s Fox pulled its channels off Cablevision early Saturday after the companies' programming deal expired and negotiations for a new one stalled, threatening broadcasts of baseball playoffs for some 3 million Cablevision subscribers in New York and ... (Source: Tampa Bay Online 2010-10-16T20:09:12Z)

Germany and Switzerland reject report of tax deal

BERLIN/ZURICH (Reuters) - Germany and Switzerland on Saturday rejected a report they had agreed to a landmark tax deal that would reap 30 billion euros (26.2 billion pounds) from tax evaders but said they still aimed for a deal this month. Germany, along ... (Source: Reuters UK 2010-10-16T17:31:43Z)

Matthew Hulsizer has deal in place to buy Phoenix Coyotes

Chicago finance executive Matthew Hulsizer has a tentative deal in place to buy the Phoenix Coyotes from the National Hockey League . The sale would keep the Coyotes in Arizona. Hulsizer also has forged lease terms with the city of Glendale to keep the ... (Source: Birmingham Business Journal 2010-10-15T19:56:04Z)

US Stocks Drift With DJIA Off 51, Nasdaq Up 24

NEW YORK (Dow Jones)--U.S. stocks wavered Friday as comments from Federal Reserve Chairman Ben Bernanke reinforced expectations for the central bank to move to prop up the economy, but prompted questions over how much stimulus has already been priced in ... (Source: Wall Street Journal 2010-10-15T19:20:17Z)

UPDATE 1-Venezuela inks oil deal with Belarus-Chavez

MINSK, Oct 16 (Reuters) - Venezuelan President Hugo Chavez agreed on Saturday to supply the former Soviet republic of Belarus with 30 million tonnes of oil over three years from 2011 in a deal worth as much as $19.4 billion. Belarus has slashed imports of ... (Source: Reuters India 2010-10-16T18:21:49Z)

Swiss celebrate digging world's longest tunnel

Workers hugged, cheered and set off fireworks as the huge drill broke through the last stretch of rock deep in the Swiss Alps. There was delight at the end of the tunnel — the world's longest — when it was completed Friday. The $10 billion, 35.4-mile ... (Source: AP - msnbc.com 2010-10-16T00:35:14Z)

Liverpool sale complete

Red Sox owner John Henry stretched his sports empire across the Atlantic yesterday, completing what amounted to a hostile takeover of Liverpool FC, one of the cornerstone teams of the English Premier League. Team owners Tom Hicks and George Gillett gave up ... (Source: Boston Globe 2010-10-16T15:30:02Z)

Venezuela inks oil deal with Belarus

MINSK (Reuters) - Venezuelan President Hugo Chavez agreed on Saturday to supply the former Soviet republic of Belarus with 30 million metric tones of oil over three years from 2011 in a deal worth as much as $19.4 billion. Belarus has slashed imports of ... (Source: msnbc.com 2010-10-16T18:28:59Z)

NHL says Hulsizer, Glendale deal will 'finally' lead to sale of team

PHOENIX (AP) — The NHL is praising the lease agreement between Chicago investor Matthew Hulsizer and the city of Glendale, saying it will "finally lead to the transition of ownership of the Phoenix Coyotes ." The city announced Friday that it had reached ... (Source: Chicago Tribune 2010-10-16T17:53:11Z)

Rare Audrey Hepburn Stamps at Berlin Charity Sale

A dispute over an Audrey Hepburn stamp in Germany is going to help poor children in Africa. A mint-condition sheet of 10 stamps portraying Hepburn, a coy smile on her face and a long, black cigarette holder dangling from her lips, is expected to fetch at ... (Source: ABC News 2010-10-16T18:07:30Z)

Nasdaq rises on Google profit; broad market lags

NEW YORK -- Google's upbeat earnings report sent technology stocks higher Friday, while the rest of the stock market lagged on concerns about banks' foreclosure problems. The tech-focused Nasdaq composite index rose more than 1 percent with a boost from ... (Source: Raleigh News & Observer 2010-10-16T06:04:31Z)

Fox, Cablevision Trying To Resolve Impasse

News Corp.'s Fox and Cablevision said Saturday they were returning to the negotiating table in an effort to end a programming deal impasse that could deprive some 3 million cable subscribers of baseball playoff and football games in the New York and ... (Source: NPR News 2010-10-16T19:04:46Z)

Machinists' union rejects contract with Hawker Beechcraft

Machinists from Hawker Beechcraft rejected the company's contract offer today in Kansas, casting doubt on the company's future in Wichita, The Wichita Eagle reported, raising the question whether that keeps Louisiana in contention for the company's ... (Source: Baton Rouge Advocate 2010-10-16T20:09:12Z)

Sharks sign captain Joe Thornton to 3-year contract extension

SAN JOSE, Calif. (AP) — The San Jose Sharks have signed captain Joe Thornton to a $21 million, three-year contract extension. The team announced Saturday the deal to keep its top player under contract through 2013-14. Thornton was recently named captain ... (Source: Chicago Tribune 2010-10-16T18:50:27Z)

Rare Audrey Hepburn stamps up for auction

BERLIN (AP) — A rare sheet of 10 stamps depicting Audrey Hepburn fetched €430,000 ($606,000) at a charity auction in Berlin on Saturday, two-thirds of which will go to help educate children in sub-Saharan Africa. The mint-condition sheet of 10 stamps ... (Source: Artesia Daily News 2010-10-16T20:09:12Z)

Anadys's Stock Sale Doesn't Just Dilute

NEW YORK (TheStreet) -- The dilution of a new stock offering is usually bad enough, but the sell-off in Anadys Pharmaceuticals ( Symbol : ANDS ) on Friday was exacerbated by the perception that the San Diego-based biotech struck out with potential ... (Source: Inside Fidelity 2010-10-15T21:29:08Z)

Hawker Beechcraft machinists vote on contract with 10 percent pay cut amid threat of lost jobs

WICHITA, Kan. (AP) — Machinists at Hawker Beechcraft voted Saturday on a new seven-year contract offer that included a 10 percent pay cut and other concessions aimed at keeping the company from moving all its operations out of Kansas . The airplane maker ... (Source: Chicago Tribune 2010-10-16T19:19:05Z)

Chavez pledges oil supplies to Belarus 'for next 200 years'

AFP - Venezuelan President Hugo Chavez on Saturday promised to supply Belarus with oil for "the next 200 years", during a meeting with his counterpart Alexander Lukashenko. "The refineries of Belarus will not lack petrol for the next 200 years," Chavez ... (Source: France 24 2010-10-16T18:50:27Z)

Sharks sign captain Joe Thornton to $21 million, 3-year contract extension

SAN JOSE, Calif. (AP) — The San Jose Sharks signed captain Joe Thornton to a $21 million, three-year contract extension Saturday, locking up another key player before he could leave for free agency. The Sharks announced the deal hours before their home ... (Source: KFSM.com 2010-10-16T19:04:46Z)

Anadys' Stock Sale Doesn't Just Dilute

ThinkEquity cut its rating on the stock to hold from buy following news of the $25 million equity sale, saying it thinks the shift in strategy toward raising money on its own and away from trying to establish a joint venture with or buyout by a larger drug ... (Source: Street.Com 2010-10-15T21:50:36Z)

US STOCKS-Wall St slips on banks, GE; Google lifts Nasdaq

NEW YORK, Oct 15 (Reuters) - The Dow and S&P 500 slipped on Friday as weakness in financial stocks and disappointing results from GE overshadowed a speech by U.S. Federal Reserve Chairman Ben Bernanke pointing to more monetary easing. Financials declined ... (Source: Reuters 2010-10-15T14:55:25Z)

Fox, Cablevision trying to settle dispute in time for games

NEW YORK -- News Corp.'s Fox and Cablevision said Saturday they were returning to the negotiating table in an effort to end a programming deal impasse that could deprive some 3 million cable subscribers of baseball playoff and football games in the New ... (Source: CBS Sports 2010-10-16T19:04:46Z)

Sharks sign Joe Thornton to 3-year extension

The San Jose Sharks have signed captain Joe Thornton to a $21 million, three-year contract extension. The team announced Saturday the deal to keep its top player under contract through 2013-14. Thornton was recently named captain for San Jose. He has been ... (Source: Salon 2010-10-16T18:50:27Z)

Angry Hicks claims Liverpool 'swindle'

Former Liverpool co-owner Tom Hicks is "devastated" about the sale of the club and says it was "swindled away from me in an epic swindle". On Friday, New England Sports Ventures completed the £300million takeover of the club following a frenetic week that ... (Source: FOXSports.com 2010-10-16T10:22:13Z)

Rare Audrey Hepburn stamps auctioned in Berlin

BERLIN - A dispute over an Audrey Hepburn stamp in Germany is going to help poor children in Africa. A mint-condition sheet of 10 stamps portraying Hepburn, a coy smile on her face and a long, black cigarette holder dangling from her lips, is expected to ... (Source: AZCentral.com 2010-10-16T19:54:53Z)

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