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 22, 2010, 4:40 am

China Networks International Reports First Half 2010 Financial Results

BEIJING, Oct. 21, 2010 (GLOBE NEWSWIRE) -- China Networks International Holdings Ltd ("China Networks" or the "Company") (OTCBB:CNWHF), a leading and exclusive operator of television advertising networks in the People's Republic of China, announced today ... (Source: msnbc.com 2010-10-21T18:15:54Z)

Honeywell's Third Quarter Sales Up 9% to $8.4 Billion and Reported Earnings Per Share $0.64

(1)- Utilizes weighted average shares outstanding and the effective tax rate for the period. (2)- Assumes weighted average shares outstanding of 780 million and a 26.5% effective tax rate for 2010 guidance. We believe that earnings per share of common ... (Source: Yahoo Finance 2010-10-22T11:12:22Z)

Report: Italy's Berlusconi dubious about effectiveness of sanctions against Iran

BERLIN - Italian Premier Silvio Berlusconi has expressed doubts about the effectiveness of sanctions against Iran and argued that a gentle approach might be more helpful. Iran has been hit with several rounds of international sanctions over its nuclear ... (Source: Minneapolis Star Tribune 2010-10-22T08:42:03Z)

Finance Chiefs Warn Currency 'War' Poses Risk to Global Growth

Oct. 9 (Bloomberg) -- Global finance chiefs struggled to find a solution to differences over exchange rates as they warned a currency "war" could hobble the world economy. As the International Monetary Fund's annual meeting began in Washington ... (Source: BusinessWeek 2010-10-09T04:03:58Z)

Diplomat: Quiet negotiations helped obtain release

A California man who spent more than two years in an Iranian prison on allegations of passing money to a rebel group has returned to his California home. Reza Taghavi, 71, arrived at Los Angeles International Airport late Thursday where he was greeted by ... (Source: AP - msnbc.com 2010-10-22T09:25:00Z)

Andrew Lloyd Webber's Love Never Dies Takes Four Nights Off-Sale in November, With ...

Four days of performances for Andrew Lloyd Webber's Love Never Dies , the sequel to The Phantom of the Opera , have been taken offsale at London's Adelphi Theatre, week commencing Nov. 22. Performances are set to resume Nov. 26. During the shutdown, it is ... (Source: Playbill 2010-10-21T00:50:47Z)

Baidu Profit Beats Estimates as Google Slips in China

(Updates with analyst's comment in fourth paragraph.) Oct. 21 (Bloomberg) -- Baidu Inc., owner of China's biggest search engine, reported third quarter profit more than doubled, beating analysts' estimates, after the company grabbed business as ... (Source: BusinessWeek 2010-10-21T21:43:29Z)

AIG Raises $17.8 Billion in Record AIA Hong Kong IPO

(Updates with comment from fund manager in paragraph four.) Oct. 22 (Bloomberg) -- American International Group Inc. raised a record HK$138.3 billion ($17.8 billion) from the Hong Kong initial public offering of its main Asian unit, putting the world's ... (Source: BusinessWeek 2010-10-22T07:30:28Z)

Transcend Acquires Heartland

TRANSCEND SERVICES, INC. (NASDAQ: TRCR), a leading provider of clinical documentation services to the U.S. healthcare market, announced today that it has acquired Spryance, Inc. and its subsidiaries (d.b.a. "Heartland") on October 21, 2010. Founded in ... (Source: PR Inside 2010-10-22T10:15:06Z)

Fire that destroys part of Calif. mall deals economic blow ahead of holiday shopping season

ROSEVILLE, Calif. - A fire that erupted during a police standoff at a suburban Sacramento mall did more than destroy part of a regional shopping hub. It also provided an economic setback to a region of Northern California struggling to emerge from ... (Source: Minneapolis Star Tribune 2010-10-22T11:12:22Z)

Unique Ethiopia: Wildlife, history, 13-month year

For many people around the world, mentioning Ethiopia brings to mind its devastating 1984 famine. The specter of the disaster haunts the country's international image and still hurts the growth of its fledgling tourism industry. But here's the reality that ... (Source: AP - msnbc.com 2010-10-21T19:20:19Z)

American student injured in blast at busy Beijing intersection, cause under investigation

BEIJING - China's state news agency says a 30-year-old American has been injured in an explosion near a subway station in central Beijing. Xinhua News Agency said the blast went off Thursday near a newspaper stand as the American, who is studying in China ... (Source: Minneapolis Star Tribune 2010-10-21T15:24:06Z)

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)

Vencor International, Inc. Announces Its New Revolutionary Concept

LOS ANGELES, Oct. 21, 2010 (GLOBE NEWSWIRE) -- Vencor ( 66997.PK - news - people ) International, Inc. (Pink Sheets:VCOR), a leisurewear manufacturer, announces it has reached an agreement for a popular retail location to launch its new 'revolutionary ... (Source: Forbes 2010-10-21T13:22:24Z)

Ethiopia: Unique cuisine, world heritage sites

ADDIS ABABA, Ethiopia (AP) — For many people around the world, mentioning Ethiopia brings to mind its devastating 1984 famine. The specter of the disaster haunts the country's international image and still hurts the growth of its fledgling tourism ... (Source: Chicago Tribune 2010-10-19T23:54:42Z)

Calif. man home after release from Iranian prison

A California businessman who spent more than two years in an Iranian prison after being accused of passing money to a rebel group returned home Thursday. Reza Taghavi, 71, arrived at Los Angeles International Airport at about 7 p.m. with his attorney ... (Source: AP - msnbc.com 2010-10-22T06:47:31Z)

AIA raises $17.7 bln in HK IPO - source

HONG KONG Oct 22 (Reuters) - AIA, the Asian life insurance arm of American International Group Inc. ( AIG.N ), raised $17.7 billion when it priced its Hong Kong initial public offering at the top end of an indicated range, a source familiar with the deal ... (Source: Reuters 2010-10-21T22:40:45Z)

G-20 chiefs face tough task on exchange rates

GYEONGJU, South Korea - Global finance mandarins get another chance this week to defuse international currency tensions as a festering dispute over exchange rates overshadows debate about reforming the world economy. Finance ministers and central-bank ... (Source: AZCentral.com 2010-10-22T02:22:39Z)

Ethiopia: Unique cuisine, world heritage sites, disorienting 13-month calendar

ADDIS ABABA, Ethiopia - For many people around the world, mentioning Ethiopia brings to mind its devastating 1984 famine. The spectre of the disaster haunts the country's international image and still hurts the growth of its fledgling tourism industry. But ... (Source: Canada East 2010-10-20T19:21:30Z)

Report: Italy's Berlusconi dubious about effectiveness of Iran sanctions

BERLIN - Italian Premier Silvio Berlusconi is reportedly expressing doubts about the effectiveness of sanctions against Iran and arguing that a gentler approach might be more helpful. Iran has been hit with several rounds of international sanctions over ... (Source: Canada East 2010-10-22T08:34:53Z)

G20 tasked with quelling currency battles as ministers warn risks to global economy

GYEONGJU, South Korea (AP) — The U.S. pressed for emerging nations to set targets to reduce their vast trade surpluses with the West, a plan that could see their currencies rise, as a summit of top finance officials fumbled for ways to reduce tensions ... (Source: Chicago Tribune 2010-10-22T09:10:41Z)

Roseville Galleria burns after standoff; nobody injured

ROSEVILLE -- A high-end regional mall that is one of the main retail centers in a broad swath of Northern California was set ablaze Thursday after police arrested a man who had barricaded himself inside. Police said the man holed up in a video game store ... (Source: Woodland Daily Democrat 2010-10-22T09:32:09Z)

'Phantom' sequel goes dark (briefly) in London

The West End production of "Love Never Dies," Andrew Lloyd Webber's sequel to long-running smash "The Phantom of the Opera," will shut down for four performances Nov. 22-25 in order to incorporate script and lyric changes being made for the upcoming ... (Source: Variety 2010-10-21T21:43:29Z)

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)

Berlusconi: 'We hope that Israel doesn't attack Iran'

Italian PM reportedly doubts that sanctions will be effective, favors "a more gentle approach" with China and Russia's help. Italian Premier Silvio Berlusconi reportedly said he hopes Israel does not attack Iran, and expressed doubts about the ... (Source: Jerusalem Post 2010-10-22T09:10:41Z)

Iran, Venezuela Promise "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: KKTV 2010-10-21T20:39:04Z)

Roseville Galleria Mall ablaze after standoff (with photo)

ROSEVILLE, Calif. — Part of a high-end regional mall that is one of the main retail centers in a broad swath of Northern California was destroyed Thursday after police say a man barricaded himself inside and started a fire. Police said the man holed up ... (Source: Reno Gazette 2010-10-22T08:34:53Z)

Make A Difference Weekend

Helllllloooooo Saratoga. I hope this blog finds you in happy and healthy spirits as we prepare for another autumn weekend. The foliage has been magnificent this year, or maybe I'm just more active. Anyway, here's a few weekend suggestions and a calen ... (Source: Albany Times Union (blog) 2010-10-21T21:14:51Z)

Calif. Man Home from Iranian Prison

LOS ANGELES - A California businessman who spent more than two years in an Iranian prison after being accused of passing money to a rebel group returned home Thursday. Reza Taghavi, 71, arrived at Los Angeles International Airport at about 7 p.m. with his ... (Source: Christian Broadcasting Network 2010-10-22T08:42:03Z)

AIA Prices IPO, May Top $20 Billion

HONG KONG–American International Group Inc. priced the initial public offering of its pan-Asian life-insurance business AIA Group Ltd. at 19.68 Hong Kong dollars ($2.53) a share and boosted the deal size by 20%, keeping AIG on track to raise as much as $ ... (Source: Wall Street Journal 2010-10-22T11:12:22Z)

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