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Deals of the Hour / October 28, 2010, 4:40 am

Steve Jobs Got Mad After Microsoft Bought Bungie

Microsoft snuffed out hopes for a Mac Halo. Bungie Studios, before they were known for the Halo series, was a dedicated Mac games developer with classics such as Marathon. The game developer was working on a great-looking title called Halo for both the PC ... (Source: Tom's Guide 2010-10-27T11:06:26Z)

THE APPLE INVESTOR: If Apple Were To Acquire A Company, It Should Buy Netflix

Expanding beyond its consumer customer base, Apple has enlisted Unisys to help with sales to businesses and U.S. government agencies. The company will provide maintenance and other services to companies and government agencies that purchase Apple devices ... (Source: The Business Insider 2010-10-27T15:02:40Z)

Yankees, Girardi close to 3-year deal up to $10M

The Yankees and Joe Girardi are closing in on a three-year contract that will pay him somewhere between $9 million and $10 million, The Post has learned. Girardi would receive a bump from a contract that expires Saturday that was paying him $7.5 million ... (Source: New York Post 2010-10-27T22:26:29Z)

Arnault's Hermès deal needs tough scrutiny

PARIS – French luxury conglomerate LVMH insists that it was "fully compliant" with French regulations in amassing its surprise stake in iconic luxury house Hermès International. Autorité des Marchés Financiers, the French markets regulator ... (Source: Reuters Blogs 2010-10-27T22:05:00Z)

Fox rejects latest Cablevision offer

LOS ANGELES — With baseball's World Series hours away from starting, Cablevision Systems Corp. made a new offer to pay Fox more for its TV stations in New York and Philadelphia, but Fox quickly rejected the offer, calling it incomplete. Cablevision ... (Source: Boston Globe 2010-10-28T09:25:02Z)

Reports: Joe Girardi, Yanks talking deal

The New York Yankees and manager Joe Girardi have begun to talk about the parameters of a new contract, according to multiple reports. an SI.com report. The Yankees need to retool after an ALCS defeat. Tell us which ones you'd keep -- and which ones you'd ... (Source: ESPN.com 2010-10-27T19:13:12Z)

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)

With World Series set to start, Fox rejects Cablevision's new offer to end blackout

LOS ANGELES - Fox on Wednesday rejected a last-ditch offer from Cablevision Systems Corp. to pay it more for its TV stations' signals, a move that could leave some 3 million Cablevision subscribers in the New York area with few options besides heading to a ... (Source: Minneapolis Star Tribune 2010-10-27T23:59:32Z)

NL Industries, Inc. Announces Quarterly Cash Dividend

DALLAS, Oct. 27 /PRNewswire-FirstCall/ -- NL Industries, Inc. (NYSE: NL) announced today that its board of directors has declared a regular quarterly dividend of twelve and one-half cents ($0.125) per share on its common stock to be paid in cash. The ... (Source: Forbes 2010-10-27T21:43:32Z)

Looking Ahead to the Combs Era at Berkshire Hathaway

The 39-year-old fund manager isn't talking. He declined to comment through his assistant. The likely answer to the big question: Mr. Combs won't be another Mr. Buffett. If you think he will, consider that Berkshire shares have slipped to $120.655 at the ... (Source: Wall Street Journal 2010-10-28T04:02:55Z)

LVMH May Add to Hermes Stake Acquired With 2008 Swaps

Oct. 27 (Bloomberg) -- LVMH Moet Hennessy Louis Vuitton SA may increase its holdings in Hermes International SCA following an earlier purchase of a 17.1 percent stake through equity swaps deals made in 2008, according to a regulatory filing. LVMH concluded ... (Source: BusinessWeek 2010-10-27T19:41:50Z)

Fox rejects Cablevision's offer to end blackout affecting World Series

Cablevision said Wednesday it is willing to pay the same rate as Time Warner Cable for signals from Fox 5 in New York and Fox 29 in Philadelphia for one year, even though the rate is more than it pays for any other New York broadcast station. The cable ... (Source: USA Today 2010-10-28T04:53:01Z)

PayPal Mobile for iPhone 3.0 announced

Today PayPal announced its latest application for iPhone users, version 3.0. PayPal Mobile 3.0 lets merchants send deals and promotions to customer's phones based on their locations. Customers can then purchase goods using PayPal or BlingTag from Bling ... (Source: MobileBurn 2010-10-26T17:55:39Z)

JetBlue announces service to Anchorage in summer 2011

One of the nation's major discount airlines announced Wednesday it will begin seasonal nonstop flights to Anchorage next year. JetBlue Airways said that it will fly a single daily flight between Anchorage and Long Beach, Calif., from May 26 to Sept. 6. It ... (Source: Anchorage Daily News 2010-10-28T02:44:10Z)

Swiss, German finance ministers to sign tax deal

GENEVA -- Switzerland and Germany are poised to sign a deal that will make it easier for Berlin to obtain information on suspected tax cheats hiding assets in secret Swiss bank accounts, officials said Wednesday. The agreement - whose broader purpuse is to ... (Source: Washington Post 2010-10-27T13:51:05Z)

Hertz to Acquire Australian Vehicle-Sharing Company

Hertz Corp. is going Down Under for its latest business venture with plans to acquire an Australian vehicle-sharing company. Executives revealed Wednesday they have signed an agreement for Hertz to secure Flexicar, a provider headquartered in Melbourne ... (Source: Auto Remarketing 2010-10-28T05:43:08Z)

Swiss tax deals preserve bank secrecy "lite"

ZURICH (Reuters) - Two years ago, it looked like the foreign tax man might break into vaults which house about a third of the world's offshore wealth, tearing through the long Swiss tradition of protecting the privacy of banking clients. But the outlines ... (Source: Reuters UK 2010-10-28T10:15:09Z)

Mo' Mobile Features from PayPal - Mobile Express Checkout, Library and iPhone Locations

PayPal introduced many new features at Innovate 2010, Mobile Express Checkout , Mobile Payments Library and added locations to their iPhone app. They have formed an alliance with Appcelerator for payments within in the Appcelerator platform. PayPal ... (Source: Wireless and Mobile News 2010-10-27T18:58:53Z)

Source: Joe Girardi, Yanks talking deal

The Yankees need to retool after an ALCS defeat. Tell us which ones you'd keep -- and which ones you'd cut. Talks are going well and could be wrapped up soon, the source said. Girardi's first contract is up; he earned about $7.5 million for the past three ... (Source: ESPN.com 2010-10-28T05:50:17Z)

VeriFone dials up mobile deal with PayPal

The mobile payments race took an interesting turn with a Tuesday announcement from business-focused electronic payments company VeriFone, unveiling a partnership with the eBay-owned PayPal that brings PayPal's merchant services to VeriFone's PayWare Mobile ... (Source: CNET News 2010-10-26T13:16:29Z)

KKR Returns to Australia Market With Perpetual Offer

(Updates with KKR spokesman's comment in 16th paragraph.) Oct. 18 (Bloomberg) -- Kohlberg Kravis Roberts & Co. offered to buy Australian asset manager Perpetual Ltd. for as much as A$1.75 billion ($1.73 billion) to tap expanding wealth in the world's ... (Source: BusinessWeek 2010-10-18T05:54:59Z)

French regulator to examine LVMH swoop on Hermes

PARIS (Reuters) - French luxury goods company LVMH's surprise acquisition of 17.1 percent of rival Hermes at a major discount to recent market levels will be investigated by the local market regulator. Hermes, known for leather goods and scarves, said on ... (Source: Reuters 2010-10-25T20:27:09Z)

Katie Lahey to Join Korn/Ferry as Managing Director, Australia & New Zealand

SYDNEY , Oct. 27 -- Korn/Ferry International (NYSE: KFY), a premier global provider of talent management solutions, has announced that Katie Lahey is joining the Firm as Managing Director, Australia and New Zealand . In her role, Ms. Lahey has extensive ... (Source: Earthtimes 2010-10-27T18:58:53Z)

Switzerland and Germany sign taxation deal (Roundup)

Geneva/Berlin - Switzerland and Germany brought to an end on Wednesday a long-running taxation dispute by signing a deal granting Berlin easier access to information on alleged tax cheats. Berlin has been one of the fiercest critics of Switzerland's ... (Source: Monsters and Critics 2010-10-27T16:07:05Z)

BancorpSouth, Inc. Declares Quarterly Dividend

TUPELO, Miss., Oct. 27 /PRNewswire-FirstCall/ -- At its regular quarterly meeting on October 27, 2010, the Board of Directors of BancorpSouth, Inc. (NYSE: BXS) declared a quarterly cash dividend of $0.22 per common share. The dividend is payable January 3 ... (Source: Forbes 2010-10-27T23:02:16Z)

Apple's Steve Jobs Was Unhappy With Bungie Sale

It is well known that the Halo franchise began life on the Mac way back in '99. What isn't as widely circulated is the fact that Apple CEO Steve Jobs was not very happy with the move. In an interview with website Develop former Microsoft Exec Ed Fries ... (Source: TeamXbox 2010-10-27T03:35:28Z)

Air Products Extends Tender Offer to Acquire Airgas

LEHIGH VALLEY, Pa., Oct. 27 /PRNewswire-FirstCall/ -- Air Products (NYSE: APD) today announced that it has extended the expiration date of its tender offer for all outstanding common shares of Airgas, Inc. (NYSE: ARG) for $65.50 per share in cash. The ... (Source: Newsblaze.com 2010-10-27T18:58:53Z)

Buffett's Successor Should Be Good for Berkshire Hathaway

Warren Buffett surprised the financial world this week when he announced that Todd Combs would take over the management of Berkshire Hathaway's ( BRK.A ) investment portfolio when Buffett steps aside or dies. If Buffett is anything, he is consistent, and ... (Source: Seekingalpha.com 2010-10-28T08:06:18Z)

Combs May Face Lower Yields at Berkshire as Crisis Deals Unwind

Oct. 28 (Bloomberg) -- Todd Combs, the hedge-fund manager hired by Berkshire Hathaway Inc., may face declining yields from the firm's portfolio with the termination of investments made by Chairman Warren Buffett in the financial crisis. Combs, 39, will ... (Source: BusinessWeek 2010-10-28T04:10:04Z)

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)

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