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Deals of the Hour / November 1, 2010, 12:39 pm

AIG says 2 recent sales raised $37 billion; money will be used to repay government bailout

NEW YORK (AP) — AIG says it has raised $37 billion from the recent sale of two foreign insurance units to help repay U.S. government bailout money. AIG says it closed its sale of American Life Insurance Co. Monday to MetLife Inc. for $16.2 billion. It ... (Source: Chicago Tribune 2010-11-01T11:50:37Z)

Aztecs' backs run wild

LARAMIE -- San Diego State's rushing attack has taken off. That hasn't seemed to faze the Aztecs' aerial assault. Freshman running back Ronnie Hillman is garnering most of the attention -- and rightfully so as the Mountain West Conference's leading ... (Source: Star-Tribune 2010-10-28T05:35:58Z)

Merck Sales Disappoint, Takes Big Vioxx Charge

NEW YORK (Reuters) - Merck & Co reported disappointing quarterly sales on Friday and took an almost $1 billion charge related to a previously disclosed U.S. government probe of its recalled Vioxx arthritis drug. The drugmaker, which completed it $41 ... (Source: ABC News 2010-10-29T11:47:01Z)

AZTECS: SDSU is bowl eligible after victory at Wyoming

LARAMIE, Wyo. -- Ryan Lindley passed for 365 yards and three touchdowns and Brandon Sullivan scored on three short runs to lead San Diego State past Wyoming 48-38 Saturday. SDSU (6-2, 3-1 Mountain West) became bowl eligible with the victory and is eyeing ... (Source: North County Times 2010-10-30T22:22:55Z)

$A closes higher after Chinese PMI

The Australian dollar closed more than one US cent higher after better than expected Chinese manufacturing data incited investor appetite for risk. At 1700 AEDT, the Australian dollar was trading at 98.88 US cents, up from Friday's close of 97.62 US cents ... (Source: ninemsn 2010-11-01T06:35:39Z)

Hyundai and Kia post record monthly sales in October

SEOUL (Reuters) - South Korea's Hyundai Motor ( 005380.KS ) and its affiliate Kia Motors ( 000270.KS ) posted record-monthly car sales, thanks to strong overseas sales fueled by their new models. The latest figures reinforced the bullish outlook for South ... (Source: Reuters 2010-11-01T05:16:55Z)

Teenaged prankster shot dead after egging Mercedes

Authorities say a driver enraged because a 17-year-old boy egged his Mercedes on Halloween fatally shot the prankster in the neck and throat as he tried to run away. Atlanta police spokeswoman Kim Jones says the driver confronted the teen and fired 10 ... (Source: Globe and Mail 2010-11-01T16:58:25Z)

Three drivers, three races make Chase exciting

And then there were three. After 33 races, NASCAR's Chase for the Sprint Cup field has been narrowed to a trio of drivers with just three events remaining to determine a champion. As predicted, Kevin Harvick continued his dominant performance on restrictor ... (Source: FOXSports.com 2010-11-01T16:51:16Z)

Colts wait to offer Peyton Manning deal

INDIANAPOLIS -- Colts owner Jim Irsay says the team wanted to make Peyton Manning a contract proposal during the team's bye week but acknowledged Manning wants to wait until after the season to complete a new deal. Manning is in the final year of a seven ... (Source: ESPN.com 2010-11-01T17:34:13Z)

Lindley sparks Aztecs over Cowboys

LARAMIE, Wyo. - Ryan Lindley passed for 365 yards and three touchdowns and Brandon Sullivan scored on three short runs to lead San Diego State past Wyoming (2-7 and 0-5). SDSU (6-2 and 3-1) is now eligible for a bowl for the first time since 1998 when the ... (Source: Herald Tribune 2010-10-31T23:11:50Z)

Omar Khadr Draws 40-Year Sentence, But Will Only Serve 8 Years

Guantanamo Bay, Cuba (AHN) - Canadian youth Omar Khadr, 24, received a 40-year sentence Sunday for the death of American medic Sgt. Christopher Speer in 2002. However, because of the plea bargain agreement between Washington and Ottawa, Khadr will only ... (Source: All Headline News 2010-11-01T10:53:21Z)

Police: Prankster killed after egging Mercedes

ATLANTA - Authorities say a driver enraged because a 17-year-old boy egged his Mercedes on Halloween fatally shot the prankster in the neck and throat as he tried to run away. Atlanta police spokeswoman Kim Jones says the driver confronted the teen and ... (Source: AZCentral.com 2010-11-01T19:00:07Z)

AIG Sells Foreign Insurance Units to Help Repay Bailout

AIG says it has raised $37 billion from the recent sale of two foreign insurance units to help repay U.S. government bailout money. AIG says it has raised $37 billion from the recent sale of two foreign insurance units to help repay U.S. government bailout ... (Source: WHSV 2010-11-01T15:46:50Z)

UPDATE 1-Merck sales disappoint, takes big Vioxx charge

NEW YORK, Oct 29 (Reuters) - Merck & Co ( MRK.N ) reported disappointing quarterly sales on Friday and took an almost $1 billion charge related to a previously disclosed U.S. government probe of its recalled Vioxx arthritis drug. The drugmaker, which ... (Source: Reuters 2010-10-29T11:39:52Z)

Dollar up by one US cent

UPDATE: THE Australian dollar closed more than one US cent higher today after better-than expected Chinese manufacturing data. At 5pm AEDT, the dollar was trading at US98.88c, up from Friday's close of US97.62c. Since 7am AEDT today, the currency has ... (Source: Weekly Times Now 2010-11-01T08:08:43Z)

Road map to better Big East

Big East bashing is in fashion this fall, and if you look at the numbers, it seems to make sense. In the latest BCS rankings, six teams from the Southeastern Conference (five from the SEC West) are among the top 25. You will find two teams from the Western ... (Source: Boston Globe 2010-10-28T23:58:21Z)

Jim Irsay: Colts holding off in contract talks for Peyton Manning

He'll just have to wait until after this season to close the deal. The Colts owner said Monday he was prepared to make a contract offer to Manning during the team's off week, but Manning and his agent wanted to wait until after the season. "Any negotiation ... (Source: USA Today 2010-11-01T18:24:19Z)

UPDATE 1-Hyundai, Kia post record monthly sales in Oct

SEOUL, Nov 1 (Reuters) - South Korea's Hyundai Motor ( 005380.KS ) and its affiliate Kia Motors ( 000270.KS ) posted record-monthly car sales, thanks to strong overseas sales fueled by their new models. The latest figures reinforced the bullish outlook for ... (Source: Reuters 2010-11-01T05:16:55Z)

Rutgers QB Dodd to start vs. South Florida

Rutgers coach Greg Schiano on Monday named Chas Dodd as his team's starting quarterback for Wednesday's game against South Florida. Schiano, who continues to label his quarterback position a week-to-week decision, said Tom Savage will handle backup duties ... (Source: San Francisco Gate 2010-11-01T18:10:00Z)

17-year-old killed after car egged in Atlanta

ATLANTA — A teenager has been shot to death in Atlanta after a car was egged on Halloween, and police are looking for a suspect. Police spokeswoman Kim Jones says the shooting occurred around 8 p.m. Sunday. She says the victim died en route to Grady ... (Source: Savannah Morning News 2010-11-01T11:29:09Z)

Factbox: Canadian captive's Guantanamo trial ends with deal

Canadian captive Omar Khadr was sentenced on Sunday to 40 years in prison at the Guantanamo Bay U.S. Naval Base in Cuba but a plea deal means he will serve only eight years in addition to the eight years he has been held. Here are some facts about the ... (Source: msnbc.com 2010-10-31T22:14:34Z)

Merck 3Q profit plunges 90 percent on deal charges

Merck & Co. posted a 90 percent drop in third-quarter profit, due to large charges for its $41.1 billion acquisition of Schering-Plough Corp. last November and a legal reserve for a federal investigation. Also, Merck had a $2.8 billion gain a year ago from ... (Source: AP - msnbc.com 2010-10-29T15:50:24Z)

Hyundai, Kia post record monthly sales in Oct

SEOUL: South Korea's Hyundai Motor and its affiliate Kia Motors posted record-monthly car sales , thanks to strong overseas sales fueled by their new models. The latest figures reinforced the bullish outlook for South Korean carmakers, which are expected ... (Source: Economic Times 2010-11-01T05:38:23Z)

Jeff Gordon has 3-year sponsorship deal

CONCORD, N.C. -- Jeff Gordon will be sponsored next season by the AARP Foundation's "Drive To End Hunger" campaign. The four-time NASCAR champion said the sponsorship agreement is for three years. The cause-related sponsorship is the first of its kind to ... (Source: ESPN.com 2010-10-27T16:28:34Z)

Rutgers going with Dodd at QB against South Florida

PISCATAWAY, N.J. -- Rutgers coach Greg Schiano on Monday named Chas Dodd as his team's starting quarterback for Wednesday's game against South Florida. Schiano, who continues to label his quarterback position a week-to-week decision, said Tom Savage will ... (Source: CBS Sports 2010-11-01T18:31:29Z)

Chinese Manufacturing Accelerates In October

SHANGHAI (AP) -- Chinese manufacturing accelerated in October with spending on infrastructure projects spurring a jump in new equipment orders even as export demand remained subdued, surveys showed Monday. The state-affiliated China Federation of Logistics ... (Source: Industrial Distribution 2010-11-01T14:06:38Z)

Talladega craziness trumps epic 3-way Sprint Cup battle

Halloween seemed the perfect day to race at Talladega, a track built on an ancient Indian burial ground many drivers believe is cursed. For Jimmie Johnson, Denny Hamlin and Kevin Harvick, the Chase-contending trio just hoped that the Legend of Hallowdega ... (Source: CBS Sports 2010-11-01T15:25:22Z)

AIG set to repay $37 billion in bailout money

AIG said Monday it raised nearly $37 billion from the divestment of two foreign insurance units and will use that money to repay a government bailout. The sale of the two units fits into AIG's previously announced plan to repay the government's bailout in ... (Source: AP - msnbc.com 2010-11-01T17:41:22Z)

The Curtain Closes on A Show Trial at Guantanamo Bay

In a surprising verdict issued late Sunday afternoon, a military commission jury sentenced Omar Khadr to 40 years in confinement. Given that Khadr has already served eight years at the U.S. prison camp at Guantanamo Bay, Cuba, that's a 48-year sentence for ... (Source: Huffingtonpost.com 2010-11-01T17:12:44Z)

Colts have new contract proposal for Manning

Jim Irsay insists Peyton Manning will be the NFL's highest-paid player next season. He'll just have to wait until after this season to close the deal. The Indianapolis Colts owner said Monday he was prepared to make a contract offer to Manning during the ... (Source: Ibj.com 2010-11-01T18:31:29Z)

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