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 30, 2010, 11:40 am

VIDEO from Synaptic Digital and Siemens: Siemens Awarded $466 Million Locomotive Contract ...

The locomotives will be built at Siemens' existing light rail manufacturing facility in Sacramento, Calif.  The plant, which has been in operation for 26 years, is powered up to 80 percent by two megawatts of solar energy and employs 750 people. All main ... (Source: Earthtimes 2010-10-29T12:08:30Z)

On the Call: Eastman Kodak CEO Antonio Perez

How much income Eastman Kodak Co. can generate in future licensing and royalty deals from its rich patent portfolio could be vital in seeing the picture-taking pioneer through its long-drawn transition into a digital-imaging powerhouse. Chief Executive ... (Source: Boston Globe 2010-10-28T20:59:23Z)

Jury asked to 'send a message in Guantanamo war crimes case of former teen al-Qaida fighter

GUANTANAMO BAY NAVAL BASE, Cuba - A prosecutor urged a military jury to send a message to the world Saturday with a 25-year sentence for a former teenage al-Qaida fighter convicted of war crimes — but it would be largely symbolic since a plea deal limits ... (Source: Minneapolis Star Tribune 2010-10-30T15:49:13Z)

Caterpillar unit to open US rail locomotive factory-report

CHICAGO, Oct 29 (Reuters) - Caterpillar Inc ( CAT.N ), the U.S. heavy equipment maker that has been moving aggressively into the rail business, will announce plans on Friday to open a railcar facility in east central Indiana, the (Muncie) Star Press ... (Source: Reuters UK 2010-10-29T15:28:55Z)

UPDATE 5-Kodak shares surge on results, licensing deal

NEW YORK, Oct 28 (Reuters) - Eastman Kodak Co ( EK.N ) narrowed its losses and beat Wall Street forecasts due to a technology licensing deal, sending the company's shares up 15 percent. The photo company, one of Thursday's biggest gainers on the New York ... (Source: Reuters 2010-10-28T20:16:27Z)

Siemens, Amtrak Ink $466M Locomotive Deal

WASHINGTON (AP) -- Amtrak is spending $466 million to replace 70 electric locomotives with new ones from German manufacturer Siemens, the president of the U.S. intercity passenger railroad said Thursday. The new locomotives will replace those in use on ... (Source: Industrial Distribution 2010-10-29T14:03:02Z)

Kodak shares surge on results, licensing deal

NEW YORK, Oct 28 (Reuters) - Eastman Kodak Co narrowed its losses and beat Wall Street forecasts due to a technology licensing deal, sending the company's shares up 15 percent. The photo company, one of Thursday's biggest gainers on the New York Stock ... (Source: The Guardian 2010-10-28T20:23:36Z)

UPDATE 1-Caterpillar rail unit plans new US facility-report

* Company currently assembles locomotives only in Canada (Adds detail on GE unit) CHICAGO, Oct 29 (Reuters) - Caterpillar Inc ( CAT.N ), a U.S. heavy equipment maker that has been moving aggressively into the rail business, will announce plans on Friday to ... (Source: Reuters UK 2010-10-29T15:50:24Z)

Governor announces interim DEC appointment, resignation of communications director

ALBANY - Governor David Paterson announced the designation of Deputy Secretary for the Environment Peter Iwanowicz to Acting Commissioner of the Department of Environmental Conservation (DEC) effective immediately. He will replace Peter Grannis, who was ... (Source: Empire State News 2010-10-29T02:00:02Z)

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)

Canadian ex-child soldier pleads guilty at Guantanamo

US NAVAL BASE AT GUANTANAMO BAY, Cuba (AFP) – Canadian former child soldier Omar Khadr, arrested by US forces in Afghanistan at age 15, pleaded guilty to war crimes in a deal that will see him avoid a life sentence and possibly be returned to Canada. In ... (Source: YAHOO! 2010-10-26T02:03:36Z)

Parker signs multi-year extension with Spurs that preserves San Antonio's Big 3

The Associated Press SAN ANTONIO - Spurs guard Tony Parker has signed a multi-year extension, preserving San Antonio's Big Three at least through next season. The Spurs announced the deal with their star point guard on Saturday. Terms were not disclosed ... (Source: Big Hollywood 2010-10-30T17:43:45Z)

Inspector General Refers Aqueduct Racino Deal to Feds

New York's inspector general said Thursday that top state legislative leaders and the governor's office angled for campaign contributions and political advantage when they awarded a lucrative video slot machine contract for Aqueduct racetrack to a ... (Source: msnbc.com 2010-10-21T23:09:23Z)

Siemens AG gets $466 million order from US rail firm Amtrak

German engineering group Siemens AG has received a $466 million contract to build 70 electric locomotives for US rail company Amtrak. The trains will be manufactured at a facility in Sacramento, California and will create 250 jobs to build the trains, the ... (Source: International Business Times 2010-10-29T11:11:14Z)

New DEC head named

ALBANY - Deputy Secretary for the Environment Peter Iwanowicz has been named Acting Commissioner of the state Department of Environmental Conservation, Gov. David Paterson announced Thursday. Iwanowicz replaces former Commissioner Pete Grannis, who was ... (Source: Adirondack Daily Enterprise 2010-10-29T20:29:34Z)

New York Reaches for New Jersey Tunnel Funds

New Jersey Gov. Chris Christie cancelled a massive project to build a new train tunnel from his state to New York, but the billions of federal dollars once set aside for the project may still be crossing the Hudson River. Sen. Kirsten Gillibrand asked the ... (Source: Wall Street Journal 2010-10-29T17:09:08Z)

New Jersey Governor Stands By Decision to Scrap Tunnel Project

New Jersey Gov. Chris Christie is standing by his decision to kill the nation's biggest public works project, a train tunnel connecting New Jersey to New York City, he announced Wednesday. Christie, a rising star in the Republican Party for his fearless ... (Source: FOX News 2010-10-27T18:58:53Z)

Spurs' Tony Parker signs new contract

SAN ANTONIO -- San Antonio Spurs guard Tony Parker has signed a multiyear extension, preserving San Antonio's Big Three at least through next season. The Spurs announced the deal with their star point guard on Saturday. Terms were not disclosed. Parker ... (Source: ESPN.com 2010-10-30T17:07:57Z)

Jeff Gordon in AARP sponsorship deal for 'Drive to End Hunger' campaign

CONCORD, N.C. - Rick Hendrick never panicked as the season stretched on and he still didn't have a sponsorship deal for Jeff Gordon. Why? Because he always had a contingency plan to fall back on. It gave him the ability to be discerning when it came to the ... (Source: Minneapolis Star Tribune 2010-10-28T09:32:12Z)

Canada wary at foreign bid to buy its potash fields, an heirloom and key to feeding the world

SASKATOON, Saskatchewan — A mile under the prairies of Saskatchewan lie the world's biggest reserves of potash, a fertilizer ingredient critical to the global food supply. It's why they call this Canadian province the Saudi Arabia of potash. These days ... (Source: Republic 2010-10-28T16:20:13Z)

Muncie gets Caterpillar locomotive plant

MUNCIE – Caterpillar Inc. on Friday announced plans to start building diesel-electric locomotives in a vacant former transformer factory in Muncie, potentially hiring 650 workers in the next two years. Company executives said the factory, 85 miles south ... (Source: Fort Wayne Journal Gazette 2010-10-30T10:55:43Z)

Premier says Australia wouldn't approve of deal

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 government blocks what ... (Source: AP - msnbc.com 2010-10-26T17:27:01Z)

Economist to examine nation's slow recovery

— Edmond J. Seifried, professor of economics at Lafayette College, Easton, Northampton County, will present "The Economy in 2010-2011: The Case of the Missing Dead Cat Bounce" at 7:30 a.m. Nov. 16 at the Holiday Inn Downtown, 250 Market St ... (Source: Tribune-Democrat 2010-10-30T02:27:29Z)

AP briefs: NY Governor's Race | NY Environmental Commissioner | NY Statehouse-Spokesman ...

LINDENHURST, N.Y. (AP) The closing days of New York's governor's race find Republican Carl Paladino dismissing polls that show him trailing and Democrat Andrew Cuomo telling a cheering crowd in Syracuse that he's ready to turn the state around. During a ... (Source: North Country Public Radio 2010-10-29T11:32:42Z)

DuPont signs three-year deal to continue as Gordon sponsor

CONCORD, N.C. -- DuPont has signed a three-year sponsorship agreement to keep its longtime support of four-time NASCAR champion Jeff Gordon . DuPont has been with Gordon since his Cup debut in 1992. The company is scaling back its commitment starting next ... (Source: CBS Sports 2010-10-28T17:03:10Z)

Latest Pennsylvania Business:

NEW YORK (AP) Managed care company Cigna Corporation says its third-quarter profit fell 6.7 percent on higher medical costs and losses from the company's reinsurance segment. The Philadelphia insurer says it earned $307 million, or $1.13 per share, in the ... (Source: WCBD 2010-10-29T11:18:23Z)

Hudson River tunnel's fate rests with New Jersey governor

Every two minutes during rush hour, a commuter train bound for Manhattan squeezes through a 100-year-old tunnel under the Hudson River . The trains are almost always packed as they head into Penn Station, the busiest hub in America. Construction began more ... (Source: Los Angeles Times 2010-10-17T07:00:36Z)

Gordon in AARP 'Drive to End Hunger' campaign

CONCORD, N.C.—Rick Hendrick never panicked as the season stretched on and he still didn't have a sponsorship deal for Jeff Gordon. Why? Because he always had a contingency plan to fall back on. It gave him the ability to be discerning when it came to the ... (Source: San Jose Mercury News 2010-10-27T17:40:09Z)

Canadian pleads guilty in Guantanamo trial

GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) - Canadian captive Omar Khadr pleaded guilty on Monday to all five terrorism charges against him in the U.S. war crimes tribunal at the Guantanamo Bay naval base as part of a deal that could send him home to ... (Source: Reuters 2010-10-25T15:55:09Z)

What Tony Parker's extension means for the Spurs

After a summer of wondering if he'd go elsewhere - specifically New York - Tony Parker is staying in San Antonio. The deal is for four years and close to $50 million, reports Adrian Wojnarowski of Yahoo! Sports. For whatever reason, whether it be George ... (Source: CBS Sports 2010-10-30T18:05:13Z)

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