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, 8:39 am

Pakistan says time not right for anti-Taliban assault

KALAYA, Pakistan (Reuters) - Pakistan will consider mounting an anti-Taliban offensive in North Waziristan only when other tribal areas are stabilized, a senior military officer said on Tuesday, a position likely to anger ally Washington. Pakistan has ... (Source: Reuters 2010-10-26T14:35:13Z)

Caterpillar Buying Alternative-Fuel Engine Builder MWM

Heavy-equipment builder Caterpillar Inc. as agreed to pay $810 million for MWM Holding GmbH, a designer and manufacturer of natural gas, special gases and diesel engines. The seller is 3i, a British private equity group that reportedly outbid Caterpillar ... (Source: American Machinist 2010-10-25T05:03:44Z)

Pakistan resists U.S. push on terror fight

ISLAMABAD, Pakistan - Foreign Minister Shah Mahmood Qureshi said Sunday his country would deal with a key Taliban sanctuary along the Afghan border on its own timeline despite increasing U.S. pressure to move swiftly to help turn around the war in ... (Source: Philadelphia Daily News 2010-10-26T07:04:15Z)

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)

David Beckham to stay with Los Angeles Galaxy through final year of contract

LOS ANGELES - David Beckham plans to play out the final year of his contract with the Los Angeles Galaxy in 2011 while continuing to hope he'll play for England again. Beckham said in an interview with The Associated Press on Monday that he doesn't know ... (Source: Minneapolis Star Tribune 2010-10-26T14:35:13Z)

Canadian pleads guilty to killing a U.S. soldier

GUANTANAMO BAY NAVAL BASE, Cuba | A Canadian accused of killing an American soldier as a teenage al Qaeda militant pleaded guilty Monday as part of a deal that avoids a war crimes trial for someone labeled a "child soldier" by his defenders. Omar Khadr ... (Source: Washington Times 2010-10-25T23:54:45Z)

Beckham Looking Beyond Final Year of M.L.S. Deal

David Beckham plans to play out the final year of his contract with the Los Angeles Galaxy in 2011 while also hoping to play for England again. Beckham said that he did not know what would happen after his Galaxy contract expired next year but that he want ... (Source: New York Times 2010-10-26T01:13:29Z)

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)

South Korea shipping food aid to the North

SEOUL, South Korea — Freighters carrying aid shipments of rice and instant noodles left for North Korea on Monday, the first food aid the South Korean government has sent to the North since conservative President Lee Myung-bak was elected in early 2008 ... (Source: Bend Bulletin 2010-10-26T11:14:47Z)

CommScope in talks with Carlyle on $2.98B buyout

CommScope Inc. is talking to asset management firm Carlyle Group about being taken private in a deal valued at about $2.98 billion. The network infrastructure company said Monday that Carlyle Group would pay $31.50 per share in cash, a 36 percent premium ... (Source: Forbes 2010-10-26T01:13:29Z)

Venezuela signs deal to buy nuclear plants from Russia

MOSCOW — Venezuelan President Hugo Chavez reached a deal with Russia on Friday to build the South American country's first nuclear plant, as questions arose why a nation rich in oil and gas would feel the need to venture into nuclear energy. The two ... (Source: Cleveland Plain Dealer 2010-10-15T14:12:28Z)

MGM Resorts to offer $500 million in notes

LAS VEGAS (AP) -- MGM Resorts International says it will offer $500 million in notes due 2016 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 sale ... (Source: msnbc.com 2010-10-26T01:42:07Z)

Pakistan rebuffs U.S. pressure

ISLAMABAD - Pakistan's foreign minister said Sunday that his country will deal with a key Taliban sanctuary along the Afghan border on its own timeline despite increasing U.S. pressure to move swiftly to help turn around the war in Afghanistan. Foreign ... (Source: Minneapolis Star Tribune 2010-10-25T01:50:28Z)

Russia to help Venezuela build nuclear power station

Moscow, Russia (CNN) -- Russia and Venezuela signed an agreement Friday calling for Russia to build a nuclear power station in the South American nation. Russian President Dmitry Medvedev and Venezuelan President Hugo Chavez formally signed the deal here ... (Source: CNN 2010-10-15T21:14:49Z)

Deal or no deal: Last-minute plea deal could halt trial of Canadian held at Guantanamo

GUANTANAMO BAY NAVAL BASE, Cuba - A Canadian who has been in U.S. custody since he was a teenager could see an end to eight years of legal limbo on Monday as his war crimes trial resumes amid talk of a possible last-minute plea deal to spare him a life ... (Source: Minneapolis Star Tribune 2010-10-25T07:55:32Z)

Canadian pleads guilty to murder

GUANTÁNAMO BAY NAVAL BASE, Cuba – A Canadian accused of killing an American soldier as a teenage al-Qaeda militant pleaded guilty Monday as part of a deal that avoids a war crimes trial for someone labeled a "child soldier" by his defenders. Omar Khadr ... (Source: Dallas Morning News 2010-10-26T13:16:29Z)

CommScope Shares Pop Amid Carlyle Deal Talks

Shares in CommScope , the telecommunications equipment maker, jumped about 30 percent on Monday after the company confirmed a DealBook report that it was in talks to sell itself to the Carlyle Group . CommScope's shares hovered at about $30 as of ... (Source: New York Times Blogs 2010-10-25T15:55:09Z)

CommScope in talks with Carlyle about being taken private for about $3 billion, shares soar

NEW YORK (AP) — CommScope Inc. is talking to asset management firm Carlyle Group about being taken private in a deal valued at about $2.98 billion. The network infrastructure company said Monday that Carlyle Group would pay $31.50 per share in cash, a 36 ... (Source: Chicago Tribune 2010-10-25T13:31:59Z)

U.S. signals urgency of U.S.-South Korea free trade deal

WASHINGTON — A senior U.S. official said Monday that the United States and South Korea "cannot afford to fail" in talks meant to settle differences on a long-stalled free trade deal. The comments by Kurt Campbell, the top U.S. diplomat for Asia, come ... (Source: Register Citizen 2010-10-26T06:14:08Z)

Attorney to try for plea deal on murder charge against 'Hiccup Girl'

The attorney for the girl who gained international fame in 2007 for non-stop hiccupping and is now charged with murder wants to explore a plea deal for his client, whom he said is cooperating with authorities. St. Petersburg police say Jennifer Mee met ... (Source: msnbc.com 2010-10-26T14:49:32Z)

Tourette's syndrome may play into 'Hiccup Girl's' defense, attorney says

ST. PETERSBURG — The attorney for Jennifer Mee, the "Hiccup Girl'' accused of first-degree murder in a fatal robbery, said an unusual medical defense could play a role in her case. Tourette's syndrome could have played a role, attorney John Trevena said ... (Source: St. Petersburg Times 2010-10-26T15:11:00Z)

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)

Seoul names former beef talks negotiator as vice foreign minister

Seoul, Oct 26, 2010 (BBC Monitoring via COMTEX) -- Min Dong-seok, who led South Korea's negotiations that resulted in the resumption of American beef imports in 2008, has been named vice foreign minister, the presidential office Cheong Wa Dae announced ... (Source: Investors Business Daily 2010-10-26T05:24:02Z)

Caterpillar to acquire German engine supplier MWM from private-equity firm 3i for $810 million

PEORIA, Ill. (AP) — Caterpillar Inc. says it is buying a German engine maker, MWM Holding GmbH, from private-equity firm 3i for about $810 million in cash. Caterpillar says Friday the deal will help it significantly expand options for customers of its ... (Source: Chicago Tribune 2010-10-22T10:29:25Z)

Caterpillar buys MWM from 3i for €580m

Caterpillar , the world's biggest maker of earthmoving equipment, has bought German engine maker MWM for €580m ($809m), three years after narrowly missing out on a much cheaper deal done by 3i , the UK private equity group. The US group is paying 13 to ... (Source: Financial Times 2010-10-22T14:39:58Z)

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)

David Beckham says he'll play out contract in LA

L OS ANGELES — David Beckham plans to play out the final year of his contract with the Los Angeles Galaxy in 2011 while continuing to hope he'll play for England again. Beckham said in an interview with The Associated Press on Monday that he doesn't ... (Source: Boston Herald 2010-10-26T07:18:34Z)

Chavez visits Moscow, reaches deal for Russia to build nuclear power plant in Venezuela

MOSCOW (AP) — Venezuelan President Hugo Chavez reached a deal with Russia on Friday to build a nuclear power plant in the South American country and negotiated several other agreements in energy and other areas. Russia has cultivated close ties with ... (Source: Chicago Tribune 2010-10-15T11:27:50Z)

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)

Tourette's syndrome may play into Jennifer Mee's defense, attorney says

ST. PETERSBURG — The attorney for Jennifer Mee, the "Hiccup Girl'' accused of first-degree murder in a fatal robbery, said an unusual medical defense could play a role in her case. Tourette's syndrome could have played a role, attorney John Trevena said ... (Source: St. Petersburg Times 2010-10-26T13:45:06Z)

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