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 2, 2010, 5:43 am

Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition

On September 30, 2010, Clopay Ames True Temper Holding Corp., a Delaware corporation and an indirect wholly-owned subsidiary of the Company (the "Borrower"), entered into a Credit and Guarantee Agreement, dated as of September 30, 2010, by and among the ... (Source: YAHOO! 2010-10-01T22:07:12Z)

Stoneridge Commences Tender Offer For Its 11-1/2% Senior Notes Due 2012 And Related Consent Solicitation

WARREN, Ohio , Sept. 20 /PRNewswire-FirstCall/ -- Stoneridge, Inc. (NYSE: SRI) (the "Company") today announced that it has commenced a tender offer to purchase for cash any and all of its 11-1/2% Senior Notes Due 2012 (the "Notes") upon the terms and ... (Source: Street.Com 2010-09-20T11:36:00Z)

Asian Currencies Rise This Week on China Growth, Fund Inflows

Oct. 2 (Bloomberg) -- Asian currencies completed a fifth weekly advance, the longest winning streak since March, as global funds pumped more money into Asian assets to profit from the world's fastest economic growth. The Bloomberg-JPMorgan Asia Dollar ... (Source: San Francisco Gate 2010-10-02T01:56:16Z)

BIOS Replacement Should Offer Instant-On PCs In 2011

New York, NY, United States (AHN) - If you are tired of waiting forever for your PC to boot up, your wait might be over with the introduction of a new system that will allow computers to start operating in mere seconds. The current Basic Input/Output ... (Source: All Headline News 2010-10-01T18:03:49Z)

Griffon Announces Expiration Of Tender Offers For Senior Floating Rate Notes And 10% Senior ...

Griffon Corporation ("Griffon" or the "Company") (NYSE: GFF) today announced the expiration of the previously announced cash tender offers and consent solicitations (the "Tender Offers") by Clopay Acquisition Corp., a wholly-owned subsidiary of ... (Source: Street.Com 2010-10-01T19:44:02Z)

Deals for RF Communications top $87 million

Harris Corp.'s RF Communications division in Rochester announced three deals for a total of some $87.6 million. The first of two awards announced Friday is a $9 million contract from Ontario County to upgrade its public safety radio communications system ... (Source: Rochester Business Journal 2010-10-01T19:01:05Z)

Meg Whitman faces uproar over illegal immigrant maid in bid for California governor

SANTA MONICA, Calif. - Meg Whitman's campaign for governor was thrown into turmoil Thursday as the Republican sought to fend off new evidence that she knowingly had an illegal immigrant housekeeper on her payroll for nearly a decade. Whitman denounced the ... (Source: Minneapolis Star Tribune 2010-10-01T05:32:12Z)

Griffon unit's tender offer for notes expires

NEW YORK (AP) -- Griffon Corp. said debt holders of the company's Ames unit tendered more than $181 million in debt by a deadline Thursday. The tender offers covered Ames True Temper Inc.'s senior floating rate notes due 2012 and its 10 percent senior ... (Source: Yahoo Finance 2010-10-01T22:07:12Z)

New Las Vegas Hotel Vdara Death Ray: Sci-Fi or Bad Design?

According to Yahoo News and the UK Daily Mail, the powerful Nevada sunlight's beams are reflecting off the hotel's glass windows onto sections of the hotel swimming pool and some guests have been burned as well as had their bags and belongings melted ... (Source: Associated Content 2010-09-29T22:09:35Z)

HP Completes Tender Offer for and Merger of 3PAR Inc.

PALO ALTO, Calif.--(BUSINESS WIRE)--HP (NYSE: HPQ - News ) today announced that it has completed the acquisition of 3PAR Inc., a leading global provider of utility storage, for a price of $33 per share in cash, or an enterprise value of $2.35 billion. 3PAR ... (Source: Yahoo Finance 2010-09-27T13:07:55Z)

Harris Corp. snags high-tech deals for combat, public safety radio systems

Melbourne -based Harris Corp. said Friday it has won two contracts together worth $18.6 million to produce high-tech communications systems for military and civilian government agencies. Melbourne-based Harris Corp. said Friday it has won two contracts ... (Source: Orlando Sentinel 2010-10-01T15:47:49Z)

Las Vegas Hotel Deals With So-Called "Death Ray"

What happens in Vegas stays in Vegas, right? Not necessarily -- there are some things that won't stay, like burned skin and signed hair. According to the Las Vegas Review-Journal, the sun's reflection off the south-facing Vdara Hotel is so strong that "if ... (Source: msnbc.com 2010-09-30T15:13:13Z)

Video: Las Vegas Death Ray Burns Through Plastic and Bakes Up Guests - On the Menu: BBQ

Las Vegas has a new attraction: the death ray! Las Vegas' death ray hasn't really killed anyone yet but it has produced a large number of singed and burned MGM Resorts hotel guests. Las Vegas Sun reports that the Las Vegas death ray was an issue well known ... (Source: Gather.com 2010-10-02T09:48:43Z)

New HP CEO to Get $1.2M Base Salary, Signing Bonus

Hewlett-Packard's new CEO, Leo Apotheker, will get an annual salary of $1.2 million, a $4 million signing bonus and restricted shares in the technology company, according to a company filing Friday with federal regulators. Hewlett-Packard Co. said ... (Source: ABC News 2010-10-01T18:53:56Z)

Downed power line delays train service

Thousands of Amtrak and commuter rail passengers experienced delays and cancellations for trains heading into and out of Boston yesterday after strong winds knocked a tree branch onto power lines in Hyde Park during rush hour, according to Amtrak and ... (Source: Boston Globe 2010-10-01T13:10:20Z)

PCs that boot in seconds are coming

LONDON, Oct. 1 (UPI) -- Time spent waiting for a computer to boot up could soon be cut to seconds by an update to one of the oldest parts of a PC, U.S. experts say. The 25-year-old PC start-up software known as Bios that initializes a machine so its ... (Source: United Press International 2010-10-01T16:52:14Z)

Meg Whitman Gets Lie-Detector Offer From Journalist

In one of the highlights of California Republican gubernatorial nominee Meg Whitman's Thursday news conference, she said she'd consent to a lie detector test to show she's telling the truth when she says she didn't know before June 2009 that her ex ... (Source: NPR News 2010-10-01T22:00:03Z)

Grace Hopper Celebration of Women in Computing Announces Record-Breaking Turnout

PALO ALTO, Calif., Oct 01, 2010 (BUSINESS WIRE) -- The Anita Borg Institute for Women and Technology (ABI) today announced a record-breaking turnout of 2147 attendees representing 29 countries for the first day of the 10th Grace Hopper Celebration of Women ... (Source: Marketwatch 2010-10-01T12:56:01Z)

Dollar Thrifty rebuffs Avis again, backs Hertz offer

Dollar Thrifty Automotive Group rejected Avis Budget Group's CAR.N revised offer again saying it was not sure if Avis could close the deal and urged shareholders to vote for the lower Hertz Global Holdings offer. "Avis Budget has not demonstrated to our ... (Source: Chicago Tribune 2010-09-27T14:55:18Z)

Meg Whitman looks to regain momentum in second debate

F RESNO, Calif. — Republican gubernatorial candidate Meg Whitman had hoped Saturday's debate in the heart of California's Central Valley would showcase her economic credentials and help siphon the support of independent and Hispanic votes away from ... (Source: Boston Herald 2010-10-02T11:57:34Z)

Titan Announces Extension of Expiration Time of Tender Offer

Titan International, Inc. (NYSE: TWI) today announced that it is extending the expiration time of its previously announced offer to purchase its issued and outstanding 8% Senior Unsecured Notes due 2012 (the "Senior Notes"). The tender offer ... (Source: PR Inside 2010-09-24T12:14:13Z)

Asian stock markets mixed as Europe finance jitters offset flurry of corporate deals

Last update: September 27, 2010 - 10:32 PM TOKYO - Asian stock markets were mixed Tuesday as renewed worries about the health of Europe's banks offset optimism from a flurry of corporate deal making. The region's lackluster performance followed a down ... (Source: Minneapolis Star Tribune 2010-09-28T03:34:04Z)

BIOS To Get Modern Update By 2011

Updating one of the oldest parts of a desktop computer could help shorten start-up times to mere seconds. The upgrade will do away with the 25-year-old PC start-up software known as BIOS that helps the operating system get going. The code was not intended ... (Source: Redorbit.com 2010-10-01T18:10:59Z)

Asian stocks rise as China manufacturing jumps

Asian stock markets rose Friday as stronger growth in China's 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 month on ... (Source: AP - msnbc.com 2010-10-01T03:30:31Z)

Winds rip through Boston area, cause damage

BOSTON -- Wild winds ripped through the Boston area, causing damage on Thursday and Friday. Crews worked on finishing what strong winds started in Natick. "Pretty well, yeah. Strong enough," said a Natick resident. The gusts were so powerful that a tree ... (Source: msnbc.com 2010-10-01T17:13:43Z)

Gusty Winds, Tree Down Causes Amtrak Delays

BOSTON -- High winds in advance of Friday's stormy weather knocked down trees and caused a downed limb on an Amtrak rail line to delay commutes for scores of passengers in the Boston-area. A tree branch hit high-tension lines over rail lines in Hyde Park ... (Source: Boston Channel 2010-10-01T11:22:58Z)

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)

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)

Invacare Announces Tender Offer and Consent Solicitation for Its 9 3/4% Senior Notes Due 2015

ELYRIA, Ohio, Oct 01, 2010 (BUSINESS WIRE) -- Invacare Corporation (NYSE:IVC) announced today that it has commenced a cash tender offer (the "Offer") for any and all of the $146 million aggregate principal amount outstanding of its 9 3/4% senior notes due ... (Source: Marketwatch 2010-10-01T20:55:37Z)

Rochester firm gets $9M contract to provide radios to Ontario County

A Rochester communications firm has been awarded a $9 million contract from Ontario County to upgrade its public safety radio system, the company announced Friday. The Harris Corporation will provide radios and other communications equipment that will be ... (Source: MPNnow 2010-10-01T21:24:15Z)

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