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 28, 2010, 6:39 am

UPDATE 1-Canada opposition vows to scrap F-35 jet deal

OTTAWA, Oct 27 (Reuters) - Canada's Liberal Party vowed on Wednesday it would scrap a C$9 billion ($8.7 billion) deal to buy F-35 fighter jets from Lockheed Martin ( LMT.N ) if it won the next general election, widely expected next year. The minority ... (Source: Reuters 2010-10-27T18:15:56Z)

EU Governments Reach Deal On Sanctions, Possible Treaty Changes

LUXEMBOURG (Dow Jones)--European Union governments reached a deal Monday to tighten rules governing the bloc's public finances, handing more power to the European Commission, the EU's executive arm, to act against countries that violate them. EU finance ... (Source: Wall Street Journal 2010-10-18T20:06:50Z)

Newsweek and Daily Beast End Deal Talks

Is one media company big enough for Barry Diller , Tina Brown and Sidney Harman? Apparently not. After weeks of talks between The Daily Beast and Newsweek about a partnership, and much speculation in the media — would they or wouldn't they? — the ... (Source: New York Times Blogs 2010-10-19T08:59:55Z)

Doubt about witnesses leads to plea deal in Pittsburg homicide

MARTINEZ -- A Pittsburg man will be sentenced to seven years in prison for fatally shooting a 19-year-old Antioch man in a plea deal that prosecutors say was prompted by deceptive witnesses, including the victim's friends. "These kids keep lying and it ... (Source: Berkeley Voice 2010-10-22T21:49:27Z)

China holds first live-fire joint drills in Tibet

BEIJING (AP) -- China's military on Wednesday said it held its first live-fire joint ground and air drills on the Tibetan plateau, likely setting off alarm bells in nervous neighbor India. The exercises were held at an altitude above 15,420 feet (4,700 ... (Source: Associated Press 2010-10-28T11:12:25Z)

Union official takes plea deal

There are new developments in the ongoing public corruption probe in Cuyahoga County. A top union official pleaded guilty to five corruption-related criminal charges, including embezzlement, theft and conspiracy charges. Robert Rybak was the business ... (Source: msnbc.com 2010-10-27T01:12:18Z)

Prosthetic Leg Discovered In Search For Zahra Baker

Hickory Police Maj. Clyde Deal said Wednesday that authorities are attempting to confirm the leg belongs to 10-year-old Zahra Clare Baker. Authorities searching for a North Carolina girl who lost a leg to cancer say they've found a prosthetic leg at a home ... (Source: WITN 2010-10-28T01:32:36Z)

STRATFOR: Russia Includes Europeans in Ukraine Energy Pact

Russian Prime Minister Vladimir Putin and his Ukrainian counterpart, Nikolai Azarov, held talks in Kiev on Oct. 27. The two countries signed several bilateral agreements, mainly focusing on energy. An oil transit agreement, shale gas exploration deal and ... (Source: Warsaw Business Journal 2010-10-28T10:36:37Z)

Tackle terror spur to Pak

WASHINGTON, 27 OCT: Days after the US-Pak Strategic Dialogue, the Presidents of both nations, during a telephonic conversation, agreed to do more in combating threats posed by terrorists in Pakistan. US President Barack Obama yesterday called his Pakistani ... (Source: Statesman 2010-10-28T11:12:25Z)

Wall urges Ottawa to toughen up on bids

As the provincial government continues its full-court press against BHP Billiton Ltd.' s bid for Potash Corp. of Saskatchewan Inc., Premier Brad Wall said the federal government should potentially toughen its standards for reviewing foreign takeovers. The ... (Source: Financial Post 2010-10-28T11:12:25Z)

Landmark deal means cheaper real estate fees for Canadians

The battle between organized real estate and the federal Competition Bureau over the high price of realtors' fees was years in the making. But it ended with a whimper not a bang, and a sense that times are indeed changing. In a packed St. John's, Nfld ... (Source: Toronto Star 2010-10-25T10:11:33Z)

Obama, Zardari agree 'more needs to be done' to tackle Pak-based terror threat to West

Washington, Oct 27 : US President Barack Obama and his Pakistani counterpart Asif Ali Zardari agreed during a telephonic conversation that 'more' needs to be done to deal with terrorist groups in Pakistan posing a 'direct threat' to the West. "Both ... (Source: New Kerala 2010-10-27T10:09:10Z)

UPDATE 1-Shanghai Electric wins major deal with India's Reliance

SHANGHAI/HONG KONG Oct 28 (Reuters) - Shanghai Electric Group ( 2727.HK ) has won a $8.29 billion deal to supply power equipment to Indian billionaire Anil Ambani's Reliance Group, prompting its shares to jump to their highest in 2-½ years. Shanghai ... (Source: Reuters 2010-10-28T05:57:27Z)

UPDATE 3-IAC rev jumps on dating service growth, shares up

NEW YORK, Oct 27 (Reuters) - IAC/InterActiveCorp ( IACI.O ) posted a higher-than-expected quarterly profit thanks to strong revenue at personals website Match and its search advertising business Ask, and its shares rose nearly 6 percent. IAC, which is run ... (Source: Reuters 2010-10-27T18:23:06Z)

World Watch

The European Commission plans to launch legal proceedings against Germany, France, Finland and Austria to force revisions to bilateral aviation treaties with Russia, which EU authorities say violate the bloc's single-market and competition laws. Similar ... (Source: Wall Street Journal 2010-10-28T12:52:38Z)

Prosthetic leg discovered in search for NC girl

Searchers looking for the remains of a missing North Carolina girl with disabilities found a prosthetic leg and authorities were trying to determine if it was that of the 10-year-old, police said Wednesday. Hickory Police Maj. Clyde Deal said searchers ... (Source: AP - msnbc.com 2010-10-28T03:12:48Z)

Lowell man accused of selling crack cocaine strikes plea deal

HAMMOND | A Lowell man accused of dealing crack cocaine in Lowell and Lake Station has entered into a plea agreement with federal prosecutors. Anthony Dovichi accepted responsibility for possessing with the intent to distribute 5 grams or more of crack ... (Source: NWI.com 2010-10-28T04:24:23Z)

Prosthetic leg discovered in search for North Carolina girl

HICKORY, N.C. (AP) - Authorities searching for a North Carolina girl who lost a leg to cancer say they've found a prosthetic leg at a home where her stepmother once lived. Hickory Police Maj. Clyde Deal said Wednesday that authorities are attempting to ... (Source: WTKR 2010-10-28T03:19:58Z)

Opposition says would scrap F-35 jet deal

OTTAWA (Reuters) – The Liberal Party vowed on Wednesday it would scrap a C$9 billion ($8.7 billion) deal to buy F-35 fighter jets from Lockheed Martin if it won the next general election, widely expected next year. The minority Conservative government ... (Source: YAHOO! 2010-10-24T23:55:56Z)

Radio One, Inc. Announces Additional Extension of Pending Exchange Offer

WASHINGTON, Oct. 25 /PRNewswire-FirstCall/ -- Radio One, Inc. (the "Company" or " Radio One ") (Nasdaq: ROIAK and ROIA) today announced that it had further extended the expiration time of its previously announced exchange offer for its 8 7/8% Senior ... (Source: Forbes 2010-10-25T10:47:20Z)

Swiss, German finance ministers to sign tax deal

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 prevent ... (Source: AP - msnbc.com 2010-10-27T14:12:33Z)

Daily Beast Drops Out of Talks With Newsweek

The Daily Beast news and commentary website has withdrawn from talks with Newsweek magazine about a possible merger between the two news organizations, according to a person familiar with the matter. The two parties have been discussing a deal that would ... (Source: Wall Street Journal 2010-10-18T16:39:14Z)

CREA ratifies deal with Competition Bureau

ST. JOHN'S, N.L. - Delegates from Canada's 101 local real estate boards Sunday ratified a deal worked out by the federal Competition Bureau and the real-estate industry. It would allow consumers to choose what services they want from their agent when ... (Source: MSN Canada News 2010-10-24T16:46:26Z)

UPDATE 1-Russia, Ukraine fail to agree new gas deal

KIEV, Oct 27 (Reuters) - Russia and Ukraine were unable to agree a new gas supply deal sought by the cash-strapped Ukrainian government on Wednesday, leaving the threat of a new year gas war hanging in the air. In January 2009, a pricing row between Moscow ... (Source: Reuters UK 2010-10-27T18:01:37Z)

Obama to Zardari: Act against terror groups

Days before his visit to India, US President Barack Obama telephoned Pakistan President Asif Ali Zardari to talk about the need to do more to deal with terrorist groups in Pakistan that are a threat to his country and its neighbours. Both Obama and Zardari ... (Source: Hindustan Times 2010-10-27T05:08:32Z)

XM Satellite Radio Commences Cash Tender Offer and Related Consent Solicitation for its 11.25% Senior ...

NEW YORK, Oct. 13 /PRNewswire-FirstCall/ -- XM Satellite Radio Inc., a wholly owned subsidiary of SIRIUS XM Radio (Nasdaq: SIRI), today announced that it has commenced a cash tender offer to purchase for cash any and all of its 11.25% Senior Secured Notes ... (Source: Redorbit.com 2010-10-13T11:44:31Z)

Real estate board ratifies home sales deal

Canadians selling their homes may soon have the option to pick only the services they want to pay for when using a real estate agent, thanks to a deal between the industry and the Competition Bureau. On Sunday, 101 delegates from the country's local real ... (Source: CTV 2010-10-24T18:19:30Z)

Stoneridge Announces Completion of Cash Tender Offer

WARREN, Ohio, Oct. 19 -- /PRNewswire-FirstCall/ -- Stoneridge, Inc. (NYSE: SRI) today announced that it has completed its previously announced cash tender offer for its outstanding 11-1/2% Senior Notes due 2012 (the "Notes") and has accepted for purchase ... (Source: Biloxi Sun Herald 2010-10-19T18:25:25Z)

Look who is out to imitate India: China!

Beijing: It is widely known that India has built a a very solid foundation for its economy that is dependent hugely on domestic consumption for growth. China on the other hand has developed an economy where domestic demand is quite secondary to exports ... (Source: MSN India 2010-10-28T12:59:47Z)

Putin's black eye raises questions on Ukraine visit

Vladimir Putin, who carved out a strongman image by wrestling tigers and judo opponents, raised eyebrows Thursday as he was pictured caked in makeup, apparently to mask a black eye. Journalists feverishly speculated that the Russian premier possibly took a ... (Source: New York Post 2010-10-28T12:24:00Z)

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