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 26, 2010, 11:40 pm

Northern Stock shares surge on buyout talk

Shares of Northern Trust Corp. surged Tuesday on media reports that the financial services company is the target of a possible buyout. Britain's Daily Mail newspaper reported late Monday that British bank HSBC may be lining up a $65-a-share cash offer to ... (Source: AP - msnbc.com 2010-10-26T20:11:39Z)

Gasol asked to step up for Lakers

LOS ANGELES -- The bar has been raised for Pau Gasol - by Los Angeles Lakers Coach Phil Jackson and assistant Brian Shaw. They want him to be more of a force for the Lakers when the regular season starts Tuesday night at Staples Center against the Houston ... (Source: Sacramento Bee 2010-10-24T04:00:30Z)

Prison official: Conn. killer tried to murder jail guard

N EW HAVEN, Conn. — A man convicted of killing a woman and her two daughters in a 2007 home invasion threatened to kill a correction officer in March, saying he had nothing to lose, a former prison official testified Monday. Frederick Levesque testified ... (Source: Boston Herald 2010-10-26T17:12:42Z)

No Sale For Savient

Savient Pharmaceuticals Inc. ( Nasdaq: SVNT ) failed to sell itself despite approval from the Food and Drug Administration last month for its gout treatment Krystexxa sending the stock price plummeting $9.04 to $12.66. (Source: paidContent.org 2010-10-25T19:29:53Z)

Northern Trust Jjumps on report of possible HSBC offer

Northern Trust Corp. rose the most in three months in U.S. trading after the U.K.'s Daily Mail newspaper said HSBC Holdings Plc may make an offer for the Chicago-based custody bank. The stock climbed 5.3 percent to $50.57 at 4 p.m. in Nasdaq Stock Market ... (Source: Arlington Heights Daily Herald 2010-10-27T02:38:12Z)

Officer: I didn't initially believe man's account of killing NYC student during horror film

NEW YORK - A police officer says he initially thought a man was just bragging by saying he'd killed a New York City college student while watching the horror movie "Saw." The man was a theft suspect at the time but was charged with murder after the officer ... (Source: Minneapolis Star Tribune 2010-10-26T19:43:01Z)

Movie Gallery Selling Off Two Brands as Part of Bankruptcy

Rental video chain Movie Gallery is selling off its store brands Hollywood Video, Movie Gallery and Game Crazy as part of its bankruptcy proceedings. On Monday, a federal bankruptcy judge in Richmond approved an auction for its brand names, Internet domain ... (Source: WHSV 2010-10-27T04:04:06Z)

Movie Gallery, Hollywood Video brands for sale as bankruptcy proceeds

RICHMOND, Va. - Rental video chain Movie Gallery is selling off its store brands Hollywood Video, Movie Gallery and Game Crazy as part of its bankruptcy proceedings . A federal bankruptcy judge in Richmond on Monday approved an auction for its brand names ... (Source: Big Hollywood 2010-10-26T16:58:23Z)

Officer: Account of NYC slaying while watching 'Saw' seemed 'far out'

NEW YORK — A New York City police officer says he initially thought a man was just bragging by saying he'd killed a college student from Massachusetts while watching the horror movie "Saw." The man was a theft suspect at the time but was charged with ... (Source: Grand Forks Herald 2010-10-27T01:48:06Z)

UN says 30 women raped at Congo-Angola border

An international aid agency says at least 30 women were kept as prisoners in a dungeon-like structure and gang-raped over multiple weeks at the Angola border before being left in the bush without their clothes. The United Nations Office for the ... (Source: AP - msnbc.com 2010-10-26T16:51:13Z)

GlaxoSmithKline settles tainted drugs suit for $750 mn

WASHINGTON: British pharmaceutical giant GlaxoSmithKline (GSK) will pay $750 million to settle a US government lawsuit related to the manufacture and sale of adulterated drugs, the US Justice Department said on Tuesday. GSK was accused of manufacturing and ... (Source: Economic Times 2010-10-27T06:12:57Z)

MGM Resorts to offer $500 million in notes

MGM Resorts International said Monday it priced $500 million in notes due 2016 at 98.9 percent. The Las Vegas-based company said it would offer the notes in a private placement. The sale would raise $494.5 million for MGM Resorts. The company says it plans ... (Source: AP - msnbc.com 2010-10-26T00:52:01Z)

Lakers forward Pau Gasol gradually phasing back into form

Lakers Coach Phil Jackson has prodded Pau Gasol all preseason, saying just last week that he's "been on vacation" ever since the Lakers began training camp nearly a month ago. He's repeatedly pushed Gasol into preparing for what may become an inevitable ... (Source: Los Angeles Times Blogs 2010-10-18T16:24:55Z)

MGM Resorts plans to offer $500 million in senior notes due 2016 in a private placement

LAS VEGAS (AP) — MGM Resorts International said Monday it priced $500 million in notes due 2016 at 98.9 percent. The Las Vegas-based company said it would offer the notes in a private placement. The sale would raise $494.5 million for MGM Resorts. The ... (Source: Chicago Tribune 2010-10-26T00:52:01Z)

MGM Resorts plans to offer $500 million in senior notes due in 2016 in a private placement

LAS VEGAS (AP) — MGM Resorts International says it will offer $500 million in notes due in 2016 and priced slightly below their face value. The Las Vegas-based company said it would offer the notes in a private placement at a price of 98.9 percent. The ... (Source: WHO-TV 2010-10-26T00:59:10Z)

GlaxoSmithKline settles defective-drug lawsuit for $750 million

GlaxoSmithKline agreed to pay $750 million to settle a U.S. government false-claims lawsuit over the sale of defective drugs. Glaxo and the U.S. Justice Department announced the accord Tuesday, resolving a lawsuit first filed in 2004 by Cheryl D. Eckard, a ... (Source: Washington Post 2010-10-27T00:43:40Z)

Deportees 'gang-raped by Angolan officials in dungeon'

At LEAST 30 women were kept as prisoners in a dungeon-like structure and gang-raped over several weeks at the Congo and Angola border before being left naked in scrubland. The United Nations Office for the Co-ordination of Humanitarian Affairs said that ... (Source: Scotsman 2010-10-26T22:56:18Z)

Officer: Account of NYC slaying seemed 'far out'

The suspect in a small-scale theft had something he wanted police to know, they say: He happened to be the mystery attacker who'd killed a college student, and he'd done it while watching the horror movie "Saw." But Jeromie Cancel's story sounded so far ... (Source: AP - msnbc.com 2010-10-27T01:40:56Z)

N.H. teen's murder trial begins

NASHUA — Sitting motionless in a dark-blue blazer, his fingertips lightly pressed together, 18-year-old Steven Spader stared unblinking at a prosecutor who alleged yesterday that he murdered a 42-year-old nurse and left her daughter for dead in their ... (Source: Boston Globe 2010-10-27T06:05:48Z)

N.H. town braces to relive horror

MONT VERNON, N.H. — Along with the blazing fall foliage and Halloween decorations, symbols of a more somber sort dot this small town. Remembrance ribbons are available at the century-old library, and a memorial cross adorned with fresh flowers sits near ... (Source: Boston Globe 2010-10-25T14:57:53Z)

Breaking down the Lakers' roster

2010 preseason stats: appeared in all eight games, averaging 10.8 points on 43.8% shooting in 26.9 minutes per contest, and went 10 of 24 from three-point range (41.7%) Outlook : Artest entered training camp weighing 250 pounds, and the decrease in weight ... (Source: Los Angeles Times Blogs 2010-10-25T14:57:53Z)

Glaxo Agrees to Pay $750 Million to Settle Defective Drug Suit

Oct. 27 (Bloomberg) -- GlaxoSmithKline Plc, the U.K.'s largest drugmaker, will pay $750 million to settle a U.S. whistleblower lawsuit over the sale of defective drugs. Glaxo and the U.S. Justice Department announced the agreement yesterday, resolving a ... (Source: BusinessWeek 2010-10-27T03:56:57Z)

Northern Trust Jumps on Report of Possible HSBC Offer

(Updates shares in first, second paragraphs.) Oct. 26 (Bloomberg) -- Northern Trust Corp. rose the most in three months in U.S. trading after the U.K.'s Daily Mail newspaper said HSBC Holdings Plc may make an offer for the Chicago-based custody bank. The ... (Source: BusinessWeek 2010-10-26T15:11:00Z)

Defense for Conn. horror slayer use partner's jail journals in attempt to mititgate Hayes' responsibility

NEW HAVEN, Conn. -- The other guy is worse, home invasion monster Steven Hayes is arguing on day two of proceedings to determine if he is put to death. Hoping their client will look good by comparison -- and thereby dodge the needle -- lawyers for the ... (Source: New York Post 2010-10-19T18:18:16Z)

Congo rape dungeon horror

At least 30 women were kept as prisoners in a dungeon-like structure and gang-raped over multiple weeks at the Congo and Angola border before being left in the bush without their clothes, an international aid agency says. The United Nations Office for the ... (Source: Stuff 2010-10-26T21:08:55Z)

Opening statements made in NH murder trial

MONT VERNON, N.H. -- Opening statements were made on Tuesday in the case against Steven Spader, who is accused in the vicious death of a Mont Vernon, New Hampshire woman last year. The prosecution called the 18-year-old Spader merciless and cruel; a ... (Source: msnbc.com 2010-10-27T02:16:44Z)

Savient to evaluate strategic alternatives for KRYSTEXXA drug

Savient Pharmaceuticals, Inc. (Nasdaq: SVNT) today announced that its previously announced process to identify, following the approval of KRYSTEXXA™ by the U.S. Food and Drug Administration (FDA), a strategic transaction for the sale of the Company did ... (Source: News-Medical.Net 2010-10-26T07:11:24Z)

UPDATE: Savient Plunges As No Sale Occurs; Working On Drug Launch

NEW YORK (Dow Jones)--Savient Pharmaceuticals Inc. (SVNT) shares lost nearly half their value Monday after the drug company said it hasn't yet had success in its attempt to sell itself. A big takeover premium had been built into the stock after its gout ... (Source: Wall Street Journal 2010-10-25T17:06:44Z)

Witness: Jail violence unlikely from Conn. convict

Even though he threatened to kill a correction officer seven months ago, a Connecticut man convicted in a deadly home invasion is unlikely to commit serious violence if he spends his life in prison, a defense expert testified Tuesday. A New Haven jury ... (Source: AP - msnbc.com 2010-10-26T21:51:52Z)

Movie Gallery, Hollywood Video, Game Crazy brands up for sale as bankruptcy proceeds

RICHMOND, Va. (AP) — Rental video chain Movie Gallery is selling off its store brands Hollywood Video, Movie Gallery and Game Crazy as part of its bankruptcy proceedings. A federal bankruptcy judge in Richmond on Monday approved an auction for its brand ... (Source: Chicago Tribune 2010-10-26T15:11:00Z)

Blog Archive