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 21, 2010, 1:40 pm

Vols Officials Warn Fans About Counterfeit Tickets

(AP) KNOXVILLE, Tenn. - University of Tennessee officials are warning fans about counterfeit tickets for sale for this weekend's home game against Alabama. UT officials expect a sellout crowd for the Saturday's 7 p.m. kickoff against the Crimson Tide and ... (Source: WTVF 2010-10-20T16:08:14Z)

AT&T Sales Beat Analysts' Estimates on Rising IPhone Demand

AT&T Inc. , the second-largest U.S. mobile-phone carrier, posted third-quarter sales that beat analysts' estimates on rising demand for Apple Inc. 's iPhone. Sales rose 2.8 percent to $31.6 billion from $30.7 billion a year earlier, Dallas-based AT&T ... (Source: Bloomberg 2010-10-21T12:03:40Z)

Southwest Airlines posts $205M profit for 3Q

Southwest Airlines Co. is making money as more people travel on the nation's largest discount airline. Southwest said Thursday it earned $205 million in the July-through-September quarter. Traffic was up about 5 percent, which along with higher average ... (Source: AP - msnbc.com 2010-10-21T19:06:00Z)

Bravo Brio shares rise in debut following IPO

Shares of Bravo Brio Restaurant Group Inc. surged above 10 percent after it began trading on Wednesday, indicating investor demand for the company's higher-end casual dining restaurants is strong even if consumer demand has yet to be tested. Shares had ... (Source: AP - msnbc.com 2010-10-21T19:48:57Z)

Gold Drops After Geithner Says Currencies `In Alignment,' Boosting Dollar

Gold declined after U.S. Treasury Secretary Timothy F. Geithner said that the major currencies are "roughly in alignment," boosting the dollar and curbing demand for the precious metal as a haven. Bullion for immediate delivery fell as much as 0.4 ... (Source: Yahoo Finance 2010-10-21T06:05:45Z)

Vols officials warn fans about counterfeit tickets for 'Bama game

KNOXVILLE (AP) - University of Tennessee officials are warning fans about counterfeit tickets for sale for this weekend's home game against Alabama. Volunteers officials expect a sellout crowd for the Saturday's 7:00 p.m. kickoff against the Crimson Tide ... (Source: WATE 2010-10-20T18:09:55Z)

UPDATE 2-Deals of the day -- mergers and acquisitions

Oct 20 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Wednesday. (For Reuters columns on deals, click on [DEALTALK/]) ** BHP Billiton ( BHP.AX ) is looking to ... (Source: Reuters 2010-10-20T19:57:18Z)

US to sell $60 billion in advanced weaponry to Saudi Arabia in massive arms sale

WASHINGTON - The Obama administration has notified Congress that it plans to sell up to $60 billion in advanced weaponry to Saudi Arabia, in one of the largest-ever single U.S. arms deals. The State Department and Pentagon informed lawmakers on Wednesday ... (Source: Minneapolis Star Tribune 2010-10-20T18:24:14Z)

Mexico's largest bust in history of marijuana for sale likely hit cartel of 'El Chapo'

MEXICO CITY — Mexico's largest-ever seizure of marijuana packaged for sale is even bigger than the original estimate of 105 tons and probably belonged to the powerful Sinaloa cartel, authorities said Tuesday. President Felipe Calderon's security ... (Source: Republic 2010-10-19T21:53:01Z)

Southwest Airlines posts $205 million profit for 3Q

DALLAS — Southwest Airlines Co. is making money as more people travel on the nation's largest discount airline. Southwest said Thursday it earned $205 million in the late-summer third quarter. Traffic was up about 5 percent, which along with higher ... (Source: Arlington Heights Daily Herald 2010-10-21T19:06:00Z)

Obama Seeks Congressional OK For Weapons Sale

The Obama administration has notified Congress that it plans to sell $60 billion in fighter jets, helicopters and other advanced weaponry to Saudi Arabia. The deal is part of the U.S. effort to build up allies in the Persian Gulf to counter Iran. Copyright ... (Source: NPR News 2010-10-21T19:34:38Z)

Odebrecht O&G Gets $400M From Temasek

Odebrecht Oil and Gas has secured a $400 million investment from Singapore's state investment company, Temasek Holdings , The Wall Street Journal reports. The Brazilian company will use the proceeds for expansion purposes in Brazil, Angola and Latin ... (Source: Emii.com 2010-10-21T07:45:58Z)

Analysis: Venezuela's Chavez baits foes with nuclear deal

Venezuelan President Hugo Chavez's plans for a Russian-built nuclear power plant are unsettling his foes, but look more like geopolitical grandstanding than anything concrete at this stage. On an international tour encompassing several of the world's ... (Source: msnbc.com 2010-10-19T16:16:35Z)

U.S. presses Turkey to enforce sanctions on Iran

ANKARA (Reuters) - A top U.S. government official prodded Turkey on Thursday to enforce international sanctions against Iran, increasing pressure on Ankara to scale back its flourishing trade ties with its neighbor. "All we want is the sanctions to be ... (Source: Reuters 2010-10-21T17:25:47Z)

Mexico's largest pot bust

Mexico's largest-ever seizure of marijuana packaged for sale is even bigger than the original estimate of 95 tonnes probably belonged to the powerful Sinaloa cartel, authorities said Tuesday. The government so far had counted 15,000 packages - 5,000 more ... (Source: Brisbane Times 2010-10-20T17:05:30Z)

Dollar Rises as Geithner Suggests No Need for Further Weakness

Oct. 21 (Bloomberg) -- The dollar rose against most of its major counterparts after reported comments by U.S. Treasury Secretary Timothy F. Geithner suggested he sees no need for further weakness in its currency. The greenback gained after the Wall Street ... (Source: BusinessWeek 2010-10-21T07:24:29Z)

Hana Financial Tumbles 7.3% After Temasek Sells Stake

(Updates with Temasek's statement in the sixth paragraph.) Oct. 21 (Bloomberg) -- Hana Financial Group Inc. dropped the most in a year after Temasek Holdings Pte sold its stake in South Korea's fourth-biggest financial company at a lower price than ... (Source: BusinessWeek 2010-10-21T08:14:36Z)

Berlusconi, Snubbed in Europe, Seals Deals Elsewhere

(Corrects spelling of Nicolas in first paragraph.) Oct. 19 (Bloomberg) -- When French President Nicolas Sarkozy hosts his Russian and German counterparts for talks on European security today, Europe's second-biggest energy partner with Moscow won't be ... (Source: BusinessWeek 2010-10-19T13:24:47Z)

Mexico's largest pot bust likely hit powerful cartel

MEXICO CITY – Mexico's largest-ever seizure of marijuana packaged for sale is even bigger than the original estimate of 105 tons and probably belonged to the country's most powerful drug-trafficking cartel, authorities said Tuesday. The Sinaloa ... (Source: Daily Chronicle 2010-10-20T10:24:38Z)

Southwest Airlines profits soar

DALLAS (AP) - Southwest Airlines is making money as more people travel on the nation's largest discount airline. Southwest said Thursday it earned $205 million in the late-summer third quarter compared with a loss of $16 million in the same quarter last ... (Source: KSDK 2010-10-21T16:14:12Z)

AT&T Sales Beat Estimates on Rising IPhone Demand

(Adds data revenue in ninth paragraph.) Oct. 21 (Bloomberg) -- AT&T Inc., the second-largest U.S. mobile-phone carrier, posted third-quarter sales that beat analysts' estimates after demand for Apple Inc.'s iPhone helped it weather competition from ... (Source: BusinessWeek 2010-10-21T12:39:27Z)

AT&T adds record number of iPhones in 3Q, posts big one-time tax and unit sale gains

NEW YORK - AT&T Inc. sold a record number of iPhones in the latest quarter, continuing to siphon subscribers from other wireless carriers in a tightening industry. The country's largest telecommunications company on Thursday said it activated 5.2 million ... (Source: Minneapolis Star Tribune 2010-10-21T13:51:02Z)

Iran signs 11 energy deals with Venezuela

TEHRAN, Oct. 21 (UPI) -- Eleven memorandums of understanding in the energy sector were signed with the Venezuelan government, Tehran announced Thursday. Venezuelan President Hugo Chavez arrived in the Iranian capital early this week to meet with his ... (Source: United Press International 2010-10-21T12:10:49Z)

Vols Officials Caution Fans About Buying Counterfeit Tickets

University of Tennessee officials are warning fans about counterfeit tickets for sale for this weekend's home game against Alabama. Volunteers officials expect a sellout crowd for the Saturday's 7 p.m. kickoff against the Crimson Tide and are cautioning ... (Source: WKSR.com 2010-10-21T14:41:09Z)

Bravo Brio to offer shares for sale this week

NEW YORK - Bravo Brio Restaurant Group Inc. could raise as much as $80million in an initial public offering expected this week. The Columbus-based company plans to offer 5million of its own shares, and selling shareholders have agreed to offer about 3 ... (Source: Columbus Dispatch 2010-10-21T09:33:20Z)

Obama OKs massive weapons deal with Saudis for F-15s and Apache, Black Hawk helicopters

Congress has 30 days to decide on the Saudi sale. Officials said they believed the Democratic-controlled Congress, lobbied heavily by prime contractor Boeing and other defense companies, would not block the deal. "We feel comfortable that Congress will not ... (Source: World Tribune 2010-10-21T18:30:13Z)

Asian Stocks Decline on China Mobile Profit, Hana Share Sale; Dollar Rises

Asian stocks fell as China Mobile Ltd. reported worse-than-estimated profit and Temasek Holdings Pte sold shares in Hana Financial Group Inc. The dollar strengthened against 12 of 16 counterparts. Five stocks declined for every four that fell in the MSCI ... (Source: Bloomberg 2010-10-21T03:35:26Z)

National Review: The US's Disorganized Retreat

Conrad Black is the author of Franklin Delano Roosevelt: Champion of Freedom and Richard M. Nixon: A Life in Full . Each week, the world visibly evolves toward a multipolar system, slowly devising new arrangements as traditional multinational structures ... (Source: NPR News 2010-10-21T18:23:03Z)

Venezuela's Chavez Visits Syria

Venezuelan President Hugo Chavez met with his Syrian counterpart Thursday, continuing a Mideast tour of allies to counter what he calls U.S. "imperialism." Chavez flew in Wednesday from Tehran where he and Iranian President Mahmoud Ahmadinejad vowed to ... (Source: Voice of America 2010-10-21T17:25:47Z)

Bravo Brio shares rise in debut after initial public offering raises $140 million

NEW YORK (AP) — Shares of Bravo Brio Restaurant Group Inc. surged above 10 percent after it began trading on Wednesday, indicating investor demand for the company's higher-end casual dining restaurants is strong even if consumer demand has yet to be ... (Source: Chicago Tribune 2010-10-21T19:56:07Z)

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