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Deals of the Hour / October 26, 2010, 3:40 pm

Borders(R) Advances eReader Revolution with Incredible Device Deals and Savings

ANN ARBOR, Mich., Oct 25, 2010 /PRNewswire via COMTEX/ -- Borders(R) is announcing a host of incredible deals and promotions on its extensive "great-better-best" assortment of eReaders just in time for the holiday season. Beginning today through Oct. 31 ... (Source: Marketwatch 2010-10-25T17:28:12Z)

5 Ways the Nook Could Beat the Kindle

Barnes & Noble will be making some big Nook announcements this afternoon at a press conference in New York City, but the one question on everyone's mind will be: How is the nook going to compete against the Amazon Kindle ? Barnes & Noble and Amazon keep ... (Source: PC Magazine 2010-10-26T20:11:39Z)

Bharti splits $500 mn Africa deal among IBM, Tech Mahindra and Spanco

NEW DELHI/MUMBAI: India's top mobile phone firm Bharti Airtel said it will award call centre contracts for its African operations to IBM, Tech Mahindra and Spanco, marking the second significant step in replicating its hugely-successful outsourcing model ... (Source: Economic Times 2010-10-26T05:02:33Z)

Amazon: Kindle Sales are at an All-Time High

Just a few days before Barnes & Noble is expected to introduce its new e-reader, the Nook Color, its chief competitor Amazon is looking to steal a bit of the book retailer's thunder by unveiling its latest sales figures. Officials with Amazon announced on ... (Source: TMCnet 2010-10-26T18:09:58Z)

Barnes & Noble Opens Doors to Developer Innovation with Launch of NOOKdeveloper™ Program

NEW YORK - (Business Wire) Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller, today announced NOOKdeveloper, a program that enables content providers and the developer community to deliver new and innovative reading experiences using Barnes ... (Source: Earthtimes 2010-10-26T20:40:17Z)

Saskatchewan Stand on BHP Bid Not Bargaining Position

(Updates with comments from Wall in fourth paragraph.) Oct. 25 (Bloomberg) -- Saskatchewan Premier Brad Wall said his province's opposition to BHP Billiton Ltd.'s $40 billion hostile takeover offer for Potash Corp. of Saskatchewan Inc. is not a bargain ... (Source: BusinessWeek 2010-10-25T19:08:25Z)

Lions Gate Renews MGM Merger Bid With Icahn's Support

(Updates with closing share price.) Oct. 12 (Bloomberg) -- Lions Gate Entertainment Corp. is renewing its effort to merge with Metro-Goldwyn-Mayer Inc. in a offer that has the backing of billionaire Carl Icahn, who holds stakes in both companies. A ... (Source: San Francisco Gate 2010-10-12T21:11:13Z)

Poll: Nathan Deal leads Roy Barnes by 6 points

ATLANTA -- Georgia's race for governor still doesn't have a candidate with enough of a lead to avoid a runoff, according a poll released Tuesday. Republican Nathan Deal has support from 47 percent of those surveyed to Democrat Roy Barnes' 41 percent ... (Source: Savannah Morning News 2010-10-26T18:38:36Z)

Deal, Barnes blame each other for negative ads

ATLANTA — Nathan Deal and Roy Barnes pointed fingers over negative ads as the campaign for governor entered its final week. In a debate at the state Capitol on Tuesday sponsored by WXIA, the candidates each accused the other of starting the attacks ... (Source: Augusta Chronicle 2010-10-26T20:25:58Z)

Bharti Airtel announces deals to bring call centers to Nigeria, Africa with support companies

LAGOS, Nigeria (AP) — India's largest telecom company said it plans to bring call center jobs to Africa , months after it bought out a major mobile phone network on the continent, the global CEO of Bharti Airtel announced Monday. CEO Manoj Kohli and ... (Source: Chicago Tribune 2010-10-25T12:41:52Z)

Poll: Deal 47, Barnes 41 percent

ATLANTA — None of the candidates for Georgia governor has a big enough lead to avoid a runoff, according a poll released today. Republican Nathan Deal has support from 47 percent of those surveyed, while Democrat Roy Barnes has 41 percent — neither ... (Source: Athens Banner-Herald 2010-10-26T20:04:30Z)

Foster's says would consider wine unit offers

MELBOURNE (Reuters) - Australian brewer Foster's said it has held no further talks with the private equity suitor that made a $2.5 billion offer for its wine business in September. Chairman David Crawford repeated on Tuesday that the approach -- reportedly ... (Source: Reuters India 2010-10-26T06:49:56Z)

IBM, TechM, Spanco bags Airtel's $500 outsourcing deal

Bangalore: IBM, TechM and Spanco have bagged the Bharti Airtel's call centre contracts for its African operations. This five-year contract is worth around $500 million, with IBM and Spanco sharing most of the spoils and the deal will be signed soon. "Our ... (Source: Silicon India 2010-10-26T05:38:21Z)

NTSB probes safety of airline partnerships

A federal panel is examining whether regional airlines are being held to the same safety standards as their major carrier partners. The National Transportation Safety Board is holding a two-day forum beginning Tuesday on "code sharing" agreements that ... (Source: AP - msnbc.com 2010-10-26T19:35:52Z)

Australian political parties undermine Singapore exchange's $8.3 billion takeover bid for ASX

sns-ap-as-australia-singapore-stock-exchanges CANBERRA, Australia (AP) — Key lawmakers on Tuesday signaled they might scuttle the Singapore Exchange's $8.3 billion cash and shares takeover offer for the operator of the Australian bourse. Opposition ... (Source: Los Angeles Times 2010-10-26T03:15:11Z)

SeaBright Holdings Reports Third Quarter and Nine Month 2010 Results

SEATTLE - (Business Wire) SeaBright Holdings, Inc. (NYSE: SBX) today announced results for the quarter and nine months ended September 30, 2010. For the third quarter of 2010, the Company recorded net income of $5.4 million or $0.25 per diluted share ... (Source: Earthtimes 2010-10-26T20:11:39Z)

UPDATE 1-Foster's says would consider wine unit offers

MELBOURNE, Oct 26 (Reuters) - Australian brewer Foster's ( FGL.AX ) said it has held no further talks with the private equity suitor that made a $2.5 billion offer for its wine business in September. Chairman David Crawford repeated on Tuesday that the ... (Source: Reuters India 2010-10-26T03:08:01Z)

Australian lawmakers attack Singapore ASX takeover

CANBERRA, Australia -- Key lawmakers on Tuesday signaled they might scuttle the Singapore Exchange's $8.3 billion cash and shares takeover offer for the operator of the Australian bourse. Opposition Liberal Party treasury spokesman Joe Hockey raised ... (Source: Forbes 2010-10-26T09:27:25Z)

Cummins Announces Purchase of First Financial Bank Office Building to Meet Needs of ...

COLUMBUS, Ind--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI - News ) announced today that it has reached an agreement to purchase the First Financial Bank branch and office tower at 500 Washington St. in Columbus to meet the demand for office space for its ... (Source: Yahoo Finance 2010-10-26T18:24:17Z)

Foster's Still Open to Offers for Wine Unit

Australian brewer Foster's said it has held no further talks with the private equity suitor that made a $2.5 billion offer for its wine business in September, Reuters reported. Chairman David Crawford repeated on Tuesday that the approach — reportedly ... (Source: New York Times Blogs 2010-10-26T09:13:06Z)

Barnes & Noble introduces color Nook

Barnes & Noble is introducing a new Nook e-reader with a color touch screen for $249 as competition among e-reader makers heats up ahead of the holidays. The Nookcolor can be used for reading digital books, magazines, newspapers and children's books. It ... (Source: AP - msnbc.com 2010-10-26T20:40:17Z)

US safety board probes whether regional airlines are held to same standards as big carriers

WASHINGTON - The U.S. regional airline industry says safety is its top priority, in part because accidents are bad for business. But pilot unions and the families of air crash victims say safety has been sacrificed to cost-cutting at some carriers. The ... (Source: Canada East 2010-10-26T20:33:08Z)

Corn, Soy Rally Pressures BHP to Raise $40 Billion Offer for Potash Corp.

The biggest four-month jump in corn prices in two and a half years is signaling to investors that BHP Billiton Ltd. will raise its $40 billion bid for Potash Corp. of Saskatchewan Inc., the world's largest fertilizer producer. Corn has climbed 35 percent ... (Source: Bloomberg 2010-10-25T22:50:19Z)

UPDATE 1-Saskatchewan says firm in rejecting BHP-Potash deal

WINNIPEG, Manitoba, Oct 25 (Reuters) - The Saskatchewan government's opposition to BHP Billiton's ( BHP.AX ) $39 billion takeover bid for Potash Corp ( POT.TO ), the crop nutrient producer based in the Canadian province, is not a negotiating stance aimed ... (Source: Reuters 2010-10-25T18:32:38Z)

Icahn backs Lions Gate-MGM merger

Lions Gate Entertainment Corp. is renewing its effort to merge with Metro-Goldwyn-Mayer Inc. in an offer that has the backing of billionaire Carl Icahn, who holds stakes in both companies. A proposal was sent to Los Angeles-based MGM on Monday, Lions Gate ... (Source: The Vancouver Sun 2010-10-13T08:45:34Z)

NTSB probes safety of airlines' 'code sharing' deals

The U.S. regional airline industry says safety is its top priority, in part because accidents are bad for business. But pilot unions and the families of air crash victims say safety has been sacrificed to cost-cutting at some carriers. The Federal Aviation ... (Source: AP - msnbc.com 2010-10-26T20:47:27Z)

Lions Gate Renews MGM Merger Bid With Icahn's Support

(Updates with terms in the third paragraph.) Oct. 12 (Bloomberg) -- Lions Gate Entertainment Corp. is renewing its effort to merge with Metro-Goldwyn-Mayer Inc. in a offer that has the backing of billionaire Carl Icahn, who holds stakes in both companies ... (Source: BusinessWeek 2010-10-12T18:55:12Z)

Borders Offers Ereader Deals

Borders Monday announced a series of deals on Ereaders ahead of the holidays, including a drop of the Kobo Ereader to $99.99. In addition, the $139.99 Kobo Wireless Ereader will come with five free Ebooks- "Slow Death by Rubber Duck" by Bruce Lourie and ... (Source: Dealerscope 2010-10-25T20:05:41Z)

SGX Takeover Of ASX Faces Political Hurdles

Singapore Exchange 's agreed $7.9 billion takeover of Australia's ASX faced a new hurdle after key political leaders voiced concern over the deal, sending ASX shares down 5.5 percent, Reuters reported. Australia's Greens Party, an influential bloc in ... (Source: New York Times Blogs 2010-10-26T08:37:18Z)

Borders® Advances eReader Revolution with Incredible Device Deals and Savings

ANN ARBOR, Mich., Oct. 25 /PRNewswire/ -- Borders® is announcing a host of incredible deals and promotions on its extensive "great-better-best" assortment of eReaders just in time for the holiday season. Beginning today through Oct. 31, consumers can ... (Source: Daily Finance 2010-10-25T17:35:22Z)

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