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Deals of the Hour / October 28, 2010, 4:41 pm

Deutsche Bank's Biggest Deal in Decade May Hurt Profit

(Updates with shares in fifth paragraph.) Oct. 26 (Bloomberg) -- Deutsche Bank AG's plan to build a German consumer-banking powerhouse with the $8.9 billion purchase of Deutsche Postbank AG, its biggest takeover in a decade, may end up weighing on ... (Source: BusinessWeek 2010-10-26T11:50:35Z)

Alaska GOP Senate hopeful says he was disciplined for using government computers

JUNEAU, Alaska - Alaska GOP Senate candidate Joe Miller has acknowledged that he was disciplined for violating an ethics policy while working as a local government attorney in 2008. The admission came Sunday night in an Anchorage debate with two rivals ... (Source: Minneapolis Star Tribune 2010-10-25T15:05:02Z)

Wells Fargo: Foreclosure errors made

WASHINGTON - Wells Fargo admitted Wednesday that it made mistakes in the paperwork for thousands of foreclosure cases and promised to fix them. The San Francisco-based bank said it plans to refile documents in 55,000 of the cases by mid-November. The ... (Source: Arizona Daily Star 2010-10-28T06:47:33Z)

Saskatchewan premier: Australia wouldn't approve of Potash Corp deal

TORONTO (AP) — Saskatchewan's premier says Australia wouldn't approve of Anglo-Australian BHP Billiton 's foreign takeover of Potash Corp and Canada's shouldn't either. Premier Brad Wall is stepping up the pressure to make sure Canada's federal ... (Source: Chicago Tribune 2010-10-26T17:27:01Z)

Electronic Arts buys Chillingo, publisher of 'Angry Birds'

NEW YORK -- Electronic Arts has snapped up Chillingo, the publisher behind the popular iPhone game of the moment, "Angry Birds." But the deal doesn't include the company that created the game and owns the rights to it, Rovio Mobile. According to a person ... (Source: San Jose Mercury News 2010-10-20T21:51:50Z)

Huge Toyota Recall? No Big Deal.

It sure sounds like a big deal: On Thursday, Toyota (NYSE: TM ) announced a global recall of 1.53 million (with-an-M) vehicles, the company's 14th recall campaign in what has been a year of quality-related woes for the giant Japanese automaker. I've taken ... (Source: Motley Fool 2010-10-22T20:59:21Z)

GM worker files labor complaint against UAW

DETROIT - A laid-off worker at General Motors Co.'s Orion Assembly plant is suing the union that represents him. Nick Waun has filed a complaint with the National Labor Relations Board in Detroit against the United Auto Workers for negotiating a deal to ... (Source: Lansing State Journal 2010-10-28T08:27:46Z)

Hagens Berman Sobol Shapiro LLP: Claims Against Toyota in Sudden Unexpected ...

SANTA ANA, Calif. , Oct. 27 /PRNewswire/ -- Toyota Motor Corp. (NYSE: TM - News ) faces new and expanded charges by consumers who claim the world's leading automobile company deliberately deceived the public about serious safety concerns regarding sudden ... (Source: Yahoo Finance 2010-10-28T01:54:04Z)

Potash Shares Fall on Worries About BHP Deal

Shares of the company, the world's largest fertilizer maker, fell $4.79, or 3.25 percent, to $142.53 in New York trading despite the release of an unusually strong quarterly financial report. Some analysts attributed the decline to increasing speculation ... (Source: New York Times 2010-10-28T23:01:05Z)

Napolitano In Colo: Military To Aid Civilian Cyber-Security

COLORADO SPRINGS, Colo. -- Homeland Security Secretary Janet Napolitano says an agreement between her department and the Defense Department allows the military's super-secret National Security Agency to be used "appropriately" for civilian cyber-security ... (Source: Denver Channel 2010-10-28T22:39:36Z)

Misconduct revelations deal another blow to Alaska GOP Senate hopeful Joe Miller

WASHINGTON — The release of documents late Tuesday showing that Republican Senate nominee Joe Miller of Alaska lied about his misconduct while serving as a government attorney in Fairbanks delivered yet another blow to a Tea Party-backed candidate who ... (Source: Denver Post 2010-10-28T06:54:43Z)

Jury convicts Anna Nicole Smith's doctor, boyfriend

A jury on Thursday convicted Anna Nicole Smith's psychiatrist and boyfriend of conspiring to use false names to obtain prescription drugs for the former Playboy model and reality TV star but acquitted the doctor who prescribed a plethora of drugs for her ... (Source: Seattle Times 2010-10-28T22:53:55Z)

Miller says he was disciplined for computer misuse

Alaska Senate candidate Joe Miller says he was disciplined for misuse of government computers while working as an attorney for the Fairbanks North Star Borough. But the Republican tells CNN the incident occurred during his "lunch hour," and had nothing to ... (Source: msnbc.com 2010-10-19T09:42:52Z)

Premier says Australia wouldn't approve of deal

Saskatchewan's premier said Tuesday Australia wouldn't approve of Anglo-Australian BHP Billiton's foreign takeover of Potash Corp. — and Canada shouldn't either. Premier Brad Wall continued to step up the pressure to make sure Canada's federal government ... (Source: AP - msnbc.com 2010-10-26T21:23:14Z)

Electronic Arts buys British game maker Chillingo

Electronic Arts Inc. confirmed Wednesday it had purchased Chillingo, the British publisher of Angry Birds and other iPhone and iPad games. People close to the deal said EA paid less than $20 million in cash. Holly Rockwood, EA's spokeswoman, would not ... (Source: Los Angeles Times 2010-10-21T01:05:06Z)

CORRECTS first item, 18th NewsMinute

(Stations: Please substitute the following for V1967, slugged 18th NewsMinute, which moved at 17:49p.m. Eastern time. The new version drops reference to other charges.) LOS ANGELES (AP) — A jury in Los Angeles has convicted Anna Nicole Smith 's boyfriend ... (Source: KYTV 2010-10-28T21:56:39Z)

EA buys Chillingo, publisher of 'Angry Birds'

Electronic Arts Inc. has snapped up Chillingo, the publisher behind the popular iPhone game of the moment, "Angry Birds." But the deal doesn't include the company that created the game and owns the rights to it, Rovio Mobile. According to a person close to ... (Source: AP - msnbc.com 2010-10-20T21:37:31Z)

Fidelity Natl, Bank of America in foreclosure deal

Title insurer Fidelity National Financial Inc. on Wednesday said it reached an agreement with Bank of America that it hopes will protect it from losses related to the uproar over mortgage lenders accused of cutting corners on foreclosure paperwork and ... (Source: Forbes 2010-10-20T23:17:44Z)

Deutsche Bank posts net loss on Postbank charge

LONDON (MarketWatch) — Deutsche Bank AG said Wednesday that it swung to a third-quarter net loss, as it booked a charge tied to its investment in Deutsche Postbank AG. The German financial giant had warned in September that it would post a los because of ... (Source: Marketwatch 2010-10-27T10:09:10Z)

Anna Nicole Smith's Psychiatrist and Boyfriend Found Guilty on Multiple Charges

Anna Nicole Smith's boyfriend, Howard K. Stern and her psychiatrist were found guilty on multiple charges because they were so heavily involved with the Playboy model. Dr. Eroshevich spent a lot of time with Anna Nicole Smith, including on the vacation to ... (Source: Associated Content 2010-10-28T22:46:46Z)

Anna Nicole verdicts...NSA and Homeland Security...Obama gives praise

LOS ANGELES (AP) — A jury in Los Angeles has convicted Anna Nicole Smith 's boyfriend, Howard K. Stern, and her psychiatrist of conspiracy and other counts in a prescription drug case. They were found guilty, among other things, of excessive prescribing ... (Source: KYTV 2010-10-28T21:42:20Z)

Penguins can't stop St. Louis

Martin St. Louis scored the tiebreaking goal early in the third and added a late empty-netter to help the host Tampa Bay Lightning beat the Pittsburgh Penguins 5-3 on Wednesday night. St. Louis blew past Penguins defenseman Ben Lovejoy and lifted a shot ... (Source: Raleigh News & Observer 2010-10-28T07:37:40Z)

BRIEF: Frankfurt Stock Exchange quotations

Frankfurt Stock Exchange closing prices in euros. In brackets the point movement of index/price movement of stocks against previous quotation: DAX 6,568.00 (- 45.80) MDAX 9,254.26 (- 69.66) Adidas 46.71 (- 0.42) Allianz 89.06 (- 0.15) BASF 52.22 (- 0.47 ... (Source: TradingMarkets.com 2010-10-27T20:46:16Z)

Title insurer drops plan for lender foreclosure guarantee

Fidelity National Financial Inc., the largest U.S. title insurer, canceled a requirement for lenders to guarantee proper foreclosure procedures amid "heightened review" processes by banks. The company won't require an indemnity agreement before insuring ... (Source: Cincinnati.com 2010-10-28T11:12:25Z)

Anna Nicole Smith's boyfriend Howard K. Stern convicted

LOS ANGELES -- A jury on Thursday convicted Anna Nicole Smith's psychiatrist Khristine Eroshevich and boyfriend Howard K. Stern of conspiracy counts but acquitted the doctor who prescribed drugs for the former Playboy model of all charges. Prosecutors ... (Source: AZCentral.com 2010-10-28T22:18:08Z)

Japanese Automakers Boost Incentives While American Peers Pull Back The Bedford Report ...

NEW YORK, NY -- (Marketwire) -- 10/27/10 -- In recent quarters the auto industry has seen auto sales improve across the board, with a notable increase in the highly profitable large vehicle segment. Companies have started investing again, with upcoming ... (Source: PR Inside 2010-10-27T15:24:08Z)

League's deal with officials gets ratified

NEW YORK — The new labor agreement between the NHL and the league's officials is in effect. The league's board of governors and the NHL Officials' Association ratified the four- year pact Wednesday that was agreed to Oct. 4. The deal will run through the ... (Source: Denver Post 2010-10-28T07:01:52Z)

Laid-off GM worker files complaint against UAW

A laid-off worker at General Motors' Orion Assembly plant filed a complaint with the National Labor Relations Board Monday in Detroit against the UAW for negotiating a deal to employ 40% of the workers at a lower wage rate. Nick Waun, 31, of Lapeer said ... (Source: Detroit Free Press 2010-10-28T10:29:28Z)

UAW workers protest leaders

Union members who protested at the UAW's headquarters in Detroit on Saturday said they are worried that a contract for General Motors' plant in Orion Township sets a precedent that will be used to broaden the use of a lower, tier-two wage at other plants ... (Source: Detroit Free Press 2010-10-18T11:02:48Z)

Courier named U.S. Davis Cup captain | A.M. Briefing

Courier picked to lead U.S. Davis Cup team: Jim Courier, a four-time Grand Slam champion, was hired by the U.S. Tennis Association to lead the country's Davis Cup team, replacing Patrick McEnroe, who resigned last month. "I've always known, once I got a ... (Source: Seattle Times 2010-10-28T04:38:42Z)

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