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 27, 2010, 5:40 pm

Billy Ray Cyrus and wife announce divorce

Billy Ray Cyrus and wife Tish are ending their 17-year marriage. The parents of teen sensation Miley Cyrus have filed for divorce. In a statement released Wednesday, the pair said it was a "very difficult time for our family." They said they were trying to ... (Source: San Francisco Gate 2010-10-28T00:13:51Z)

Oracle CEO Accuses HP Chairman Of Lying About Leo Apotheker

(RTTNews) - Oracle Corp. (ORCL: News ) chief executive officer Larry Ellison accused Hewlett-Packard Co.'s (HPQ: News ) Chairman Ray Lane for defending HP's incoming chief executive Leo Apotheker, who was accused of an industrial espionage scheme. In 2007 ... (Source: RTT News 2010-10-27T21:57:51Z)

Ray Davies Worries Losing 'Freedom of Movement ' in U.K.

'Our rights will be gradually eroded. There'll be no freedom of movement. They'll use terrorism as an excuse,' the native U.K. says. Ray Davies fears civil liberties will be eroded by the U.K.'s new coalition government - insisting terrorism will be used ... (Source: AceShowbiz 2010-10-27T05:58:38Z)

Berkshire buying Sun Life's reinsurance business

TORONTO (AP) — Sun Life Financial said Wednesday it is selling its life reinsurance business to Berkshire Hathaway Life Co. of Nebraska, noting that it is not a growth area for the company. The sale price was not disclosed. The deal represents a bet on ... (Source: USA Today 2010-10-27T18:15:56Z)

Brandon Knight scores 37 points in Kentucky scrimmage

Brandon Knight scored 37 points Tuesday night to lead the Blue team past the White squad 101-74 in Kentucky's intrasquad scrimmage. Knight is taking over at point guard this year after John Wall was selected by the Washington Wizards with the No. 1 pick in ... (Source: Fort Lauderdale Sun-Sentinel 2010-10-27T03:14:00Z)

Ray Davies Wants Firing Squad Made Up of Members of 9/11 Victims' Families

The frontman of The Kinks wants the firing squad for 9/11 terrorist, saying 'They'll get - whoever the executioner is - a soldier, a relative of someone who was killed in 9/11.' Rocker Ray Davies has called for the masterminds behind the 9/11 terror ... (Source: AceShowbiz 2010-10-27T06:27:16Z)

P&G quarterly profit drops, but stock holds steady

Procter & Gamble's first-quarter profit fell nearly 7% as the cost for its raw materials climbed, yet the maker of Pampers, Crest and Tide was still able to beat analyst expectations. Sales came in slightly under Wall Street estimates. Yet the stock proved ... (Source: MSN Money 2010-10-27T14:05:24Z)

JetBlue to Fly 'North to the Future' with Seasonal Service to Anchorage, Alaska from Long Beach ...

- Daily service between the value airline's 65th BlueCity and the L.A. Basin set to begin May 26, 2011 - - Book one way sale fares as low as $119 (a) each way today through Friday, Oct. 29 at www.jetblue.com for travel starting May 26, 2011 - JetBlue ... (Source: Stockhouse 2010-10-27T14:05:24Z)

Finkelstein Thompson LLP Announces Investigation Of CommScope, Inc.

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of CommScope, Inc. ("CommScope" or the "Company") (NYSE: CTV) concerning the proposed sale of the Company to The Carlyle Group for $31.50 per share in cash. The ... (Source: Street.Com 2010-10-27T23:38:04Z)

P&G says net income fell 7% in 1Q

CINCINNATI (AP) - Procter & Gamble Co. says sales of its diapers, shavers and toothpaste increased around the globe, but its first-quarter net income fell 7% after the sale of its prescription drug business. The world's largest consumer products company ... (Source: WFMJ.com 2010-10-27T11:27:55Z)

Son of ex-Texas Gov. Clements found dead on Athens ranch of neighbor killed by deputies

ATHENS, Texas — The body of a former Texas governor's son has been found in a shallow grave on a neighbor's ranch near Athens. Henderson County Sheriff Ray Nutt confirms the identity as 69-year-old B. Gill Clements, the son of former Gov. Bill Clements ... (Source: Republic 2010-10-25T23:40:26Z)

JetBlue will begin nonstop flights to Anchorage in May, offers sale through Friday

LONG BEACH, CALIF. — JetBlue Airways said Thursday it would begin seasonal daily nonstop flights to Anchorage, Alaska, next May 26. The airline said one flight will leave Long Beach Airport at 7:40 p.m., and a southbound flight will leave Anchorage at 1 ... (Source: San Francisco Examiner 2010-10-27T19:13:12Z)

Oracle's Larry Ellison Taunts HP's Ray Lane and Leo Apotheker

In the tech industry's latest version of a World Wrestling Entertainment event, Oracle co-founder and CEO Larry Ellison dared HP's board chairman and new CEO to testify in court over a suit that Oracle brought against Apotheker's former company, SAP. The ... (Source: CBS News 2010-10-27T04:11:16Z)

Former President Nestor Kirchner of Argentina dies of heart attack at 60

BUENOS AIRES, Argentina — On a day Argentina was counting its living, the country lost one of its most powerful politicians, former President Nestor Kirchner, who suffered a heart attack. Kirchner, the husband of President Cristina Fernandez de Kirchner ... (Source: The State 2010-10-27T23:52:23Z)

JetBlue will begin non-stop flights to Anchorage in May; sale through Friday

LONG BEACH, Calif. - JetBlue Airways said Thursday it would begin seasonal daily non-stop flights to Anchorage, Alaska, next May 26. The airline said one flight will leave Long Beach Airport at 7:40 p.m., and a southbound flight will leave Anchorage at 1 ... (Source: Canada East 2010-10-27T21:22:03Z)

Miley Cyrus' parents, Billy Ray and Tish, to divorce

Billy Ray and Tish Cyrus are going their separate ways after nearly 20 years of marriage. The couple, who have five children together, including teen star Miley Cyrus, 17, released this statement: "As you can imagine, this is a very difficult time for our ... (Source: AZCentral.com 2010-10-27T22:05:00Z)

Freshman phenom Knight scores 37 in Kentucky scrimmage

LEXINGTON, Ky. (AP) -- Brandon Knight scored 37 points Tuesday night in Kentucky's annual Blue/White intrasquad scrimmage, leading the Blue team to a 101-74 win. Knight made 14 of 20 shots from the field and also had eight rebounds, four assists and two ... (Source: CNN Sports Illustrated 2010-10-27T15:09:49Z)

P&G says net income fell 7 percent in 1Q

Procter & Gamble Co. says sales of its diapers, shavers and toothpaste increased around the globe in the first quarter, but its net income fell 7 percent after the sale of its prescription drug business. The Cincinnati-based world's largest consumer ... (Source: AP - msnbc.com 2010-10-27T21:36:22Z)

Knight scores 37 in Kentucky scrimmage

LEXINGTON, Ky. -- Brandon Knight scored 37 points Tuesday night to lead the Blue team past the White squad 101-74 in Kentucky's intrasquad scrimmage. Knight is taking over at point guard this year after John Wall was selected by the Washington Wizards with ... (Source: ESPN.com 2010-10-27T01:26:37Z)

Body found on Athens ranch identified as son of ex-Texas Gov. Clements

ATHENS, Texas (AP) — A body discovered in a shallow grave on a ranch near Athens has been identified as the 69-year-old son of former Texas Gov. Bill Clements. Henderson County Sheriff Ray Nutt on Monday announced the victim was B. Gill Clements. The ... (Source: 39online.com 2010-10-25T18:04:00Z)

Argentina's Former President Nestor Kirchner Dies of a Heart Attack

I offer my deepest condolences to the people of Argentina and President Cristina Fernandez de Kirchner on the passing of former President Nestor Kirchner. As President of Argentina and Secretary General of the Union of South American Nations, Nestor ... (Source: Newsblaze.com 2010-10-27T22:33:38Z)

Berkshire Hathaway buying Sun Life Financial reinsurance business; no terms disclosed

TORONTO (AP) — Sun Life Financial Inc. said Wednesday it is selling its life reinsurance business to Berkshire Hathaway Life Co. of Nebraska, noting that it is not a growth area for the company. The sale price was not disclosed. The deal represents a bet ... (Source: Los Angeles Times 2010-10-27T17:40:09Z)

Sun Life selling reinsurance biz to Berkshire

Sun Life Financial Inc. says it is selling its life reinsurance business to Berkshire Hathaway Life Co. of Nebraska. The Toronto financial services firm says the business is profitable but not a growth area for the company. Terms of the sale were not ... (Source: AP - msnbc.com 2010-10-27T16:57:12Z)

UPDATE: CommScope Agrees To $3.36B Buyout By Carlyle; 3Q Profit Up

Carlyle Group has agreed to buy CommScope Inc. (CTV), a maker of telecommunications cables, for about $3.36 billion, or $3.9 billion including assumed debt. CommScope has until Dec. 5 to solicit other bids, but would be obligated to pay Carlyle a $43.5 ... (Source: Wall Street Journal 2010-10-27T22:55:07Z)

Miley Cyrus' Parents Billy Ray and Tish Cyrus Divorcing

This is really achy-breaky heart time for the Miley Cyrus and her family. Her parents, Billy Ray Cyrus and Tish Cyrus , have announced they are divorcing after 17 years of marriage. "As you can imagine, this is a very difficult time for our family," the ... (Source: Entertainment Online 2010-10-27T21:22:03Z)

Larry Ellison Calls Former No. 2 Ray Lane a Liar

This is starting to get just a bit silly. Less than 24 hours after his last statement calling out Hewlett-Packard and new CEO Leo Apotheker, Oracle CEO Larry Ellison is burning up the transom yet again. Now he's calling HP Chairman Ray Lane a liar. Ellison ... (Source: CBS News 2010-10-27T22:40:48Z)

Body Of Former Tx. Governor's Son Found

ATHENS, Texas- A body discovered in a shallow grave on a ranch near Athens has been identified as the 69-year-old son of former Texas Gov. Bill Clements. Henderson County Sheriff Ray Nutt on Monday announced the victim was B. Gill Clements. The cause of ... (Source: msnbc.com 2010-10-25T18:46:57Z)

Remembering Nestor Kirchner, South American Hero Who Defied the IMF

The past president of Argentina, Nestor Kirchner, has died unexpectedly of a heart attack. U.S. media aren't likely to give us much coverage that indicates what Kirchner meant to many people in South America. This is a pretty safe bet, in part because to ... (Source: Huffingtonpost.com 2010-10-27T19:13:12Z)

Ray Davies Suspects 2004 Shooting Was Assassination Attempt

The Kinks legend Ray Davies is convinced his shooting in 2004 was an attempted assassination by a hitman - because he received a death threat days before the incident. The Waterloo Sunset singer was shot in the leg in January 2004 as he chased after a ... (Source: Post Chronicle 2010-10-27T13:15:17Z)

CommScope in Talks With Carlyle Group About $3 Billion Sale

CommScope ( CTV ), a maker of telecommunications equipment, said that private-equity firm Carlyle Group is in talks to buy the company for about $3 billion. If the deal goes through, Carlyle would acquire all of CommScope's outstanding stock for $31.50 a ... (Source: Daily Finance 2010-10-25T12:34:43Z)

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