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 19, 2010, 1:40 am

EU signs off on tougher budget rules

Ending months of intense debate, EU governments on Monday agreed on tougher budget rules for euro-zone nations that can trigger fines for countries racking up big deficits and debts like the ones that have eroded confidence in the euro. The complex deal ... (Source: AP - msnbc.com 2010-10-18T23:20:06Z)

In judging votes-for-sale allegations, FIFA must act for the good of the game or change

PARIS - Of the catchy slogans that soccer's custodians at FIFA have coined over the years, the best is "For the Good of the Game," because that describes, exactly, the moral, ethical and sporting yardstick by which they are measured. It means that FIFA and ... (Source: Minneapolis Star Tribune 2010-10-18T22:30:00Z)

EU Governments Reach Deal On Sanctions, Possible Treaty Changes

LUXEMBOURG (Dow Jones)--European Union governments reached a deal Monday to tighten rules governing the bloc's public finances, handing more power to the European Commission, the EU's executive arm, to act against countries that violate them. EU finance ... (Source: Wall Street Journal 2010-10-18T20:06:50Z)

Released American visits Iran blast victims

An Iranian-American businessman freed after more than two years in an Iranian prison met on Monday with survivors of a deadly 2008 mosque bombing, fulfilling a condition of his release in a scripted event that could carry propaganda value at home. The 71 ... (Source: AP - msnbc.com 2010-10-18T18:19:27Z)

Nexans Plans $1 Billion Takeover Bid for Rival Draka

(Updates with premium in second paragraph, analyst comment on deal valuation in 14th paragraph.) Oct. 18 (Bloomberg) -- Nexans SA, the world's biggest maker of cables, is planning a takeover bid for Draka Holding NV that values its Dutch rival at 731 ... (Source: BusinessWeek 2010-10-18T14:37:33Z)

British court clears way for Liverpool sale; Texas judge fighting it

LONDON -- A British judge granted an injunction Thursday against the Liverpool owners that could clear the way for the club's sale to the parent company of the Boston Red Sox, and a Texas judge scheduled a Friday hearing on a request to lift his order ... (Source: CBS Sports 2010-10-15T10:52:02Z)

Allianz Is Said to Plan $3 Billion Bid for Channel Rail Link

Allianz is about to join the list of suitors for the Channel tunnel rail link with a £2 billion ($3.1 billion) bid for the railroad put up for sale by Britain's coalition government, The Sunday Times reported. The German insurer is preparing a bid for ... (Source: New York Times Blogs 2010-10-18T19:59:40Z)

Allianz plans Channel tunnel rail link bid: report

LONDON (Reuters) - German insurer Allianz ( ALVG.DE ) is preparing a 2 billion pound ($3.2 billion) bid for the Channel tunnel rail link put up for sale by the British coalition government, The Sunday Times newspaper reported. Without citing sources, the ... (Source: Reuters 2010-10-17T12:08:24Z)

Nexans offers to buy Draka for $1 bn

French group Nexans SA, the world's largest cablemaker, offered to buy Dutch rival Draka Holding NV in a 731 million euros (USD 1 billion) deal to increase its market share and realise cost synergies. Nexans said it agreed to buy a 48.5% stake in Draka ... (Source: MoneyControl.com 2010-10-18T18:05:08Z)

Giants extend the Lions' road woes

EAST RUTHERFORD, N.J. - The New York Giants managed to avoid what would have been an embarrassing loss at home to one of the NFL's worst road teams. Eli Manning threw two touchdown passes and the Giants (4-2) held on for a 28-20 victory that sent the error ... (Source: Philadelphia Daily News 2010-10-18T06:59:25Z)

American visits Iran blast site under freedom deal

An Iranian-American businessman freed after more than two years in Tehran's main prison visited survivors of a deadly 2008 mosque bombing as a condition of his release in a scripted event that could carry propaganda value at home. Iranian authorities did ... (Source: AP - msnbc.com 2010-10-18T06:02:09Z)

Giants win 3rd straight, Lions road woes continue

EAST RUTHERFORD, N.J. -- The New York Giants are riding their longest winning streak since early last year, and actually playing as well as they did a year ago. They have been good some games, and found a way to win in others. That combination led to five ... (Source: ESPN.com 2010-10-18T07:28:03Z)

Liverpool owners to drop court order blocking sale of club, but fight may not be over

LONDON - Liverpool's owners are withdrawing their Texas court order blocking the sale of the Premier League club but could still find a way to stop the proposed 300 million pound ($476 million) takeover by the owners of the Boston Red Sox. Co-owners Tom ... (Source: Minneapolis Star Tribune 2010-10-15T12:17:56Z)

LTC Announces Agreements to Purchase Four Assisted Living Properties

LTC Properties, Inc. : (NYSE:LTC) announced today that it has entered into three purchase agreements to acquire four assisted living properties with a total of 241 units for an aggregate purchase price of $26.9 million. Three of the properties are located ... (Source: PR Inside 2010-10-18T13:54:36Z)

10 Dead As Super Typhoon Pounds Philippines

Super Typhoon Megi dumped heavy rains over the Philippine capital Tuesday after killing 10 people, creating a wasteland of fallen trees in the north and sending thousands scrambling to safety in near-zero visibility. As it moved away from the Philippines ... (Source: Time 2010-10-19T06:29:36Z)

EU Tightens Finance Rules

LUXEMBOURG—European Union governments reached a deal Monday to tighten rules governing the bloc's public finances, handing more power to the European Commission, the EU's executive arm, to act against countries that violate debt and deficit limits. EU ... (Source: Wall Street Journal 2010-10-18T21:39:53Z)

Northeast Utilities and Nstar to create New England's biggest utility with $4.17 billion deal

NEW YORK (AP) — Northeast Utilities will buy Nstar for $4.17 billion, forming the biggest New England utility company with 3.5 million electric and gas customers in three states. The companies and industry analysts expect some of the savings from the ... (Source: Chicago Tribune 2010-10-18T19:31:02Z)

LTC to Purchase Four Assisted Living Properties

Westlake Village based LTC Properties announced it will acquire four assisted living properties with a total of 241 units, for an aggregate purchase price of $26.9 million. The properties are located in Florida and Mississippi. The transactions are ... (Source: Sfvbj.com 2010-10-18T20:06:50Z)

U.S. Hikers Spend 444th Day in Prison in Iran

Fattal's brother Alex said it's a milestone the hikers and their families never expected to reach. But it's now clear they will add to it. Iranian officials tell ABC News they will face trial for spying. "It's just another heartbreaking day," Alex Fattal ... (Source: ABC News 2010-10-18T21:32:44Z)

Hicks tells AP: Liverpool sale is 'conspiracy of British Establishment and our own employees'

FILE - This April 21, 2009, file photo shows Liverpool co-owners Tom Hicks, left, and George Gillett before an English Premier League soccer match between Liverpool and Arsenal in Liverpool, England. Liverpool's ownership battle returned to the High Court ... (Source: Republic 2010-10-15T15:38:22Z)

LTC Enters Deal To Buy Assisted Living Properties For $26.9 Mln - Quick Facts

(RTTNews) - LTC Properties, Inc.(LTC: News ) Monday said it entered into three purchase deals to acquire four assisted living properties with a total of 241 units for an aggregate purchase price of $26.9 million. In addition to the aggregate purchase price ... (Source: RTT News 2010-10-18T13:54:36Z)

Northeast in $4.3 Billion Stock Deal for NStar

In planning a $4.3 billion merger, New England power companies Northeast Utilities and NStar have sought to learn from past utility deals that have failed. The deal, announced on Monday, is being promoted as a "merger of equals" as part of an effort to ... (Source: New York Times Blogs 2010-10-18T23:05:47Z)

Breaking News: FIFA'S Blatter Apologizes For World Cup Vote For Sale Scandal

FIFA President Sepp Blatter has just published a letter that he wrote to the 24 member executive committee of the governing body of football/soccer. In the letter, Blatter issued an apology for the scandal that has engulfed FIFA amid revelations from the ... (Source: Bleacherreport.com 2010-10-17T22:24:01Z)

Deadly typhoon hits Philippines

One of the most powerful typhoons to hit the Philippines in years has moved away from the country, but left a path of flooding and destruction. The death toll from Super Typhoon Megi now stands at ten. Megi mainly hit the northern part of the Philippines ... (Source: KHON2 2010-10-19T08:24:08Z)

Surging Giants deal Lions 24th road defeat in row

EAST RUTHERFORD, N.J. -- It wasn't pretty. It wasn't impressive. And it certainly wasn't a blowout like a week ago. The New York Giants simply found a way to keep winning Sunday, and the error-prone and road-awful Detroit Lions helped them along the way ... (Source: CBS Sports 2010-10-16T23:58:16Z)

Typhoon Megi slams the Philippines; 7 die

CAUAYAN, Philippines - Super Typhoon Megi dumped heavy rains over the Philippine capital as it departed Tuesday after killing seven people, creating a wasteland of fallen trees in the north and sending thousands scrambling to safety in near-zero visibility ... (Source: AZCentral.com 2010-10-19T06:51:04Z)

Nexans offers to buy Draka for $1.0 billion

AMSTERDAM/PARIS, Oct 18 (Reuters) - French group Nexans SA, the world's largest cablemaker, offered to buy Dutch rival Draka Holding NV in a 731 million euros ($1.0 billion) deal to increase its market share and realise cost synergies. Nexans said it ... (Source: The Guardian 2010-10-18T14:08:55Z)

Allianz plans Channel tunnel rail link bid -paper

LONDON Oct 17 (Reuters) - German insurer Allianz ( ALVG.DE ) is preparing a 2 billion pound ($3.2 billion) bid for the Channel tunnel rail link put up for sale by the coalition government, The Sunday Times reported. Without citing sources, the newspaper ... (Source: Reuters 2010-10-17T12:01:15Z)

Bottom line for FIFA: the good of the game

Of the catchy slogans that soccer's custodians at FIFA have coined over the years, the best is ''For the Good of the Game,'' because that describes, exactly, the moral, ethical and sporting yardstick by which they are measured. It means that FIFA and ... (Source: FOXSports.com 2010-10-18T22:30:00Z)

Northeast Utilities to buy Nstar in $4.17 bln deal as it ramps up projects tied to renewables

Northeast Utilities will buy Nstar for $4.17 billion, forming one of the nation's biggest utility companies with 3.5 million electric and gas customers in three New England states. The acquisition should help Northeast pay for large transmission projects ... (Source: Los Angeles Times 2010-10-18T14:37:33Z)

Blog Archive