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Deals of the Hour / October 22, 2010, 1:41 pm

Special report: Conservative donors let Christine O'Donnell sink

Christine O'Donnell, the outspoken GOP candidate for Senate in Delaware, has a money problem. Her shocking victory in the Delaware Republican primary was a breakthrough for the conservative Tea Party movement that has up-ended U.S. politics. But while her ... (Source: msnbc.com 2010-10-21T12:10:49Z)

UPDATE 2-ECB's Trichet unhappy with draft on EU budget rules

FRANKFURT/LONDON Oct 21 (Reuters) - European Central Bank President Jean-Claude Trichet does not fully support new EU fiscal rules agreed in a deal between Germany and France, a central bank spokesman said on Thursday "It is correct that the President of ... (Source: Reuters 2010-10-21T09:11:52Z)

Locals object to fairgrounds sale

A number of local agencies and individuals are speaking out against the state's decision to sell the O.C. fairgrounds to a private real estate firm – and one representative even plans to introduce new legislation to stop the deal. The Department of ... (Source: OC Metro 2010-10-21T21:50:39Z)

UPDATE 1-Q3 gold, silver sales at San Jose down - Minera Andes

* Gold sales down 19 pct at 19,932 ounces * Silver sales down 21 pct at 1.2 mln ounces * Marginal change in silver production at 1.4 mln ounces * Gold production down 2 pct at 22,025 ounces Oct 20 (Reuters) - Canada's Minera Andes posted a quarterly ... (Source: CNBC 2010-10-20T14:06:32Z)

Vols' Bruce Pearl working without deal

KNOXVILLE, Tenn. -- Tennessee coach Bruce Pearl is working without a contract while the NCAA investigates his staff's recruiting practices. Pearl's contract was terminated on Sept. 9, the day before he revealed to the public that he had provided incorrect ... (Source: ESPN.com 2010-10-22T02:29:49Z)

DSME Inks Deal To Acquire 30% Share In Paenal JV With Sonangol And SBM Offshore

(RTTNews) - SBM Offshore N.V. (SBFFY.PK: News ) Thursday said the current joint venture partners of Paenal Yard in Porto Amboim, Angola and Daewoo Shipbuilding & Marine Engineering of South Korea or DSME, have signed an agreement in which DSME will acquire ... (Source: RTT News 2010-10-22T06:18:53Z)

New bill could stop O.C. fairgrounds sale

COSTA MESA, Calif. (KABC) -- There's a new buyer for the Orange County Fairgrounds, but the sale could be stopped with new legislation. The state announced the $100 million deal to real estate management firm Facilities Management West. The company would ... (Source: KABC 2010-10-21T05:22:48Z)

Real estate firm to buy OC Fairgrounds

COSTA MESA, Calif.—California officials say a real estate management firm will buy the Orange County Fairgrounds for $100 million after a deal to sell the property to the city of Costa Mesa fell through. The state announced Wednesday that Facilities ... (Source: San Jose Mercury News 2010-10-20T19:50:08Z)

ECB's Trichet has reservations on compromise EU deal to reform euro rules

BRUSSELS (AP) — The European Central Bank's chief does not support all the proposed new budget rules for the eurozone that leave penalties for overspending nations up to EU governments, who in the past have shown themselves unwilling to impose any. The ... (Source: Cleveland News - Fox 8 2010-10-21T10:30:36Z)

DSME signs up for Paenal slice

South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has signed an agreement for a 30% in the Paenal yard in Porto Amboim, Angola. Joint venture partner SBM Offshore said under the agreement DSME would perform module and associated floating ... (Source: Upstream Online 2010-10-22T13:14:04Z)

RPT-ECB FOCUS - Signs grow of opposition to Weber presidency

FRANKFURT, Oct 22 (Reuters) - Political opposition to choosing Axel Weber as the next head of the European Central Bank appears to be growing after he criticised an ECB policy widely seen as helping to rescue Europe from its debt crisis. Until this month ... (Source: Reuters 2010-10-22T18:43:20Z)

This Senate Seat Isn't For Sale

In 2008, then-Governor Rod Blagojevich was caught on tape discussing plans to essentially auction off the U.S. Senate seat once held by President Barack Obama, calling it "f*****g golden." Two years later, a confluence of Republican front groups think that ... (Source: Huffingtonpost.com 2010-10-22T18:00:24Z)

ECB's Bini Smaghi-Parts of new fiscal rules "weak"

ROME Oct 22 (Reuters) - Parts of new European Union budget rules are weak European Central Bank Executive Board member Lorenzo Bini Smaghi said on Friday, adding that the euro zone's economic recovery was progressing as expected. A Franco-German deal to ... (Source: Reuters 2010-10-22T12:31:07Z)

One more junk lawsuit, gumming up the courts

Another junk lawsuit has landed on the docket of the U.S. Court of Appeals for the District of Columbia, clogging up the judicial process, distracting busy and important defendants and eating up valuable resources that could be used to create a more ... (Source: Washington Post 2010-10-22T09:25:00Z)

Titans' Jeff Fisher: Redskins had 'no interest' in trading Albert Haynesworth

Tennessee Titans coach Jeff Fisher said that the team never got close to a deal for Washington Redskins DT Albert Haynesworth prior to Tuesday's trade deadline. "Clearly Albert's situation has settled down there in Washington," Fisher said, via the ... (Source: USA Today 2010-10-19T23:11:45Z)

UPDATE 1-Amerigo Q3 sales up; sees hit from higher power costs

Oct 21 (Reuters) - Amerigo Resources Ltd's (ARG.TO: Quote ) third-quarter copper sales rose 31 percent, but the Canadian copper and molybdenum producer said higher power costs and a stronger Chilean peso will negatively impact the quarter. The company ... (Source: Reuters Canada 2010-10-21T13:51:02Z)

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)

Els cashes in at PGA Grand Slam of Golf

Ernie Els took full advantage of his unexpected invitation to the PGA Grand of Golf by claiming a one-shot victory in Bermuda. The South African, who was replacing Masters winner Phil Mickelson in a four-man tournament designed for the year's major ... (Source: FOXSports.com 2010-10-22T13:14:04Z)

Shanahan: Redskins likely won't deal Haynesworth

ASHBURN, Va. — The Washington Redskins insist Albert Haynesworth will remain with the team through Tuesday's trade deadline. Coach Mike Shanahan said Monday there's "a pretty good chance" that Haynesworth won't be sent elsewhere, even though the two-time ... (Source: Houston Chronicle 2010-10-18T22:51:28Z)

UPDATE 1-SBM Offshore, S.Korea's DSME reach Angola JV deal

AMSTERDAM, Oct 22 (Reuters) - Dutch maritime engineering group SBM Offshore ( SBMO.AS ) said on Friday it had agreed for South Korea's DSME ( 042660.KS ) to buy a 30 percent stake in a joint venture to provide offshore oil services in Angola. Daewoo ... (Source: Reuters India 2010-10-22T06:26:02Z)

Iran, Venezuela leaders seek a 'new world order'

The leaders of Iran and Venezuela hailed what they called their strong strategic relationship on Wednesday, saying they are united in efforts to establish a "new world order" that will eliminate Western dominance over global affairs. Iranian President ... (Source: Tulsa World 2010-10-21T07:31:39Z)

Letter claims Tennessee's Bruce Pearl tried to hide NCAA violation

Knoxville, Tenn . — According to a letter from Tennessee officials notifying Bruce Pearl his contract would be terminated, the Volunteers coach told men's basketball recruits and their families that a visit to his home for a team cookout would be an NCAA ... (Source: Detroit News 2010-10-22T20:16:24Z)

ECB's Trichet has reservations on compromise EU deal to reform euro budget rules

Last update: October 21, 2010 - 8:12 AM BRUSSELS - The European Central Bank's chief does not support all the proposed new eurozone budget rules that leave penalties for overspending nations up to EU governments, who in the past have shown themselves ... (Source: Minneapolis Star Tribune 2010-10-21T13:15:15Z)

Canada's Grande Cache Coal cuts FY sales volume view

The Alberta-based metallurgical coal miner sees sales volumes of 1.7-1.9 million tons for fiscal 2011, below its earlier view of 2.0-2.2 million tons. The company, which holds coal leases in the Smoky River Coalfield in Alberta, began production at its No ... (Source: Inside Fidelity 2010-10-13T13:31:54Z)

ECB's Trichet has reservations on some points of EU plan for reform of euro rules

BRUSSELS — The president of the European Central Bank has reservations about this week's compromise deal by European government on reform of the rules governing the euro. The draft rules — put together by a task force of EU finance ministers, the EU ... (Source: Washington Examiner 2010-10-21T10:16:17Z)

Alternates David Toms, Ernie Els star on opening day of PGA Grand Slam of Golf in Bermuda

SOUTHAMPTON, Bermuda - David Toms had the best score Tuesday in the PGA Grand Slam of Golf. PGA champion Martin Kaymer might have had the best feeling. In an opening day led by the two alternates, Toms got off to a fast start before losing momentum with a ... (Source: Minneapolis Star Tribune 2010-10-20T07:25:41Z)

AD letter: Tennessee basketball coach Bruce Pearl knew hosting recruits was NCAA violation

KNOXVILLE, Tenn. (AP) — According to a letter from Tennessee officials notifying Bruce Pearl his contract would be terminated, the Volunteers coach told men's basketball recruits and their families that a visit to his home for a team cookout would be an ... (Source: Chicago Tribune 2010-10-22T19:04:49Z)

Half of PGA Grand Slam still has an interesting mix

T he PGA Grand Slam has half of the slam. The event, billed as an event with just the four major winners of the season, teed off Tuesday in Bermuda with Graeme McDowell, David Toms, Ernie Els and Martin Kaymer in the four-player field. South African Els is ... (Source: Boston Herald 2010-10-20T17:12:39Z)

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)

Bears to host Redskins in matchup of puzzling teams

Both the Chicago Bears and Washington Redskins underwent extensive offseason changes in an attempt to restore themselves back into contenders. Six weeks into this 2010 campaign, and it's still hard to tell just how close each has come towards achieving its ... (Source: KGET TV 17 2010-10-22T20:02:05Z)

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