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 / November 1, 2010, 9:39 am

Exco CEO Proposes $4.36 Billion Buyout of Company

Nov. 1 (Bloomberg) -- Exco Resources Inc., the Dallas-based oil and natural gas producer that had fallen 30 percent this year, said its chief executive officer has offered to buy all shares he doesn't already own in a purchase that values the company at ... (Source: BusinessWeek 2010-11-01T13:38:00Z)

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)

Guantanamo Canadian to serve 8 more years in prison

A U.S. war crimes tribunal on Sunday sentenced a young Canadian to 40 years in prison, but he may serve only a few more years under a deal that included his admission he was an al Qaeda conspirator who murdered a U.S. soldier. Toronto native Omar Khadr's ... (Source: msnbc.com 2010-11-01T01:06:22Z)

Fox, Cablevision Deal Finally Ends N.Y. Blackout

Fox and Cablevision reached an agreement Saturday that will restore programming to more than 3 million New York-area subscribers who have been without some of their favorite shows and baseball playoff games for two weeks. Signals for all stations and cable ... (Source: NPR News 2010-11-01T01:42:10Z)

Exco Chief Offers to Buy Rest of Shares, Valuing Company at $4.36 Billion

Exco Resources Inc., the Dallas-based oil and natural gas producer that has fallen 30 percent this year, said its chief executive officer has offered to buy all shares he doesn't already own for $20.50 each in cash. CEO Douglas H. Miller said Dallas ... (Source: Bloomberg 2010-11-01T13:30:50Z)

Markets rise amid strong gains by China manufacturing

The Toronto stock market was positive Monday, supported by rising commodity stocks in the wake of data showing faster growth in Chinese manufacturing. The S&P/TSX composite moved 78.7 points higher to 12,754.9 while the TSX Venture Exchange gained 10.29 ... (Source: Toronto Star 2010-11-01T16:15:28Z)

WTA Says It Is Bullish On Growth In China

DOHA, Qatar (AP) ― The WTA Tour is counting on the Asia-Pacific region to boost its international growth, and putting great hope in China's ability to produce more elite players. Bolstered by a new sponsorship deal with a Chinese sporting goods firm, WTA ... (Source: WCCO 2010-10-31T14:00:39Z)

How Troy Smith can win job as San Francisco 49ers starting quarterback

LONDON -- Quarterback Troy Smith could leave England with his ultimate souvenir: the 49ers ' permanent starting job. Nobody on the team has said as much, but the door looks open for Smith to stake his claim. Alex Smith already was being evaluated on a week ... (Source: FOXSports.com 2010-11-01T01:20:41Z)

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)

Broncos try to emerge from London fog today

LONDON ? To showcase the best it has to offer, the NFL chose to send two storied franchises to London. The league just better hope British fans pay more attention to the past than the present. The San Francisco 49ers play the Denver Broncos at Wembley ... (Source: msnbc.com 2010-10-30T23:41:40Z)

Fox Returns to Cablevision After Licensing Spat

Fox programming returned to Cablevision Saturday night, but Cablevision isn't exactly thrilled with the terms of the deal. "Cablevision has agreed to pay Fox an unfair price for multiple channels of its programming including many in which our customers ... (Source: PC Magazine 2010-11-01T16:15:28Z)

Cablevision deal with News Corp. restores Fox programs

NEW YORK — Fox programming was back on Cablevision late Saturday after the cable company reached what it called an unfair deal with News Corp. Fox said signals for all stations and cable channels were restored for 3 million viewers before the first ... (Source: msnbc.com 2010-10-30T23:34:30Z)

Five from afar: Bruins 4, Senators 0

Five thoughts and observations after watching the Bruins shut out the Ottawa Senators, 4-0, on Saturday night in Ottawa. 1. "Tank" Thomas in the zone and into the record books with "Tiny": Is Tim Thomas going to give up another goal? Probably. But it will ... (Source: ESPN.com 2010-10-31T03:37:53Z)

Broncos, 49ers: London

L ONDON – To showcase the best it has to offer, the NFL chose to send two storied franchises to London. The league just better hope British fans pay more attention to the past than the present. The San Francisco 49ers play the Denver Broncos at Wembley ... (Source: Durango Herald 2010-11-01T09:48:56Z)

Thomas Posts Another Shutout As Bruins Blank Senators

Ottawa, Ontario, Canada (AHN) - David Krejci had a goal and an assist while Tim Thomas posted his third shutout in six games as the Boston Bruins skated past the Ottawa Senators 4-0 Saturday night. Thomas made 29 saves to improve to 6-0-0 on the season ... (Source: All Headline News 2010-10-31T11:16:01Z)

UPDATE 1-Dish Network, Fox Network reach programming deal

NEW YORK Oct 29 (Reuters) - Dish Network Corp ( DISH.O ) and News Corp's ( NWSA.O ) Fox Network have entered into a new contract restoring some of Fox's programming to Dish subscribers. Financial terms of the agreement announced on Friday were not ... (Source: Reuters 2010-10-29T21:48:19Z)

AIG set to repay $37 billion in bailout money

AIG said Monday it raised nearly $37 billion from the sale of two foreign insurance units and will use that money to repay a government bailout. The insurance giant closed its previously announced sale of American Life Insurance Co. on Monday. It sold ... (Source: AP - msnbc.com 2010-11-01T14:42:25Z)

Monte Poole: Raiders, 49ers are mysteries to their fans and themselves

Never better than last week, when they humiliated Denver, the Raiders today are out to prove their incredible performance was not a mirage. Never worse than last week, when they were embarrassed by previously winless Carolina, the 49ers would like you to ... (Source: FOXSports.com 2010-11-01T01:27:51Z)

Guantanamo detainee is sentenced for war crimes

GUANTÁNAMO BAY NAVAL BASE, Cuba -- A former teenage al-Qaida fighter was sentenced Sunday to eight more years in custody under the terms of a plea agreement unsealed after a military sentencing jury said he should serve 40 years for war crimes. Omar Khadr ... (Source: Detroit Free Press 2010-11-01T15:46:50Z)

DISH Network and Fox strike deal

(CNN) -- DISH Network and Fox have struck a distribution deal, ending a month-long standoff that blacked out channels for millions of satellite television customers. The new agreement -- announced by the companies Friday -- will restore access to FX ... (Source: CNN 2010-10-30T08:32:34Z)

Hockey Guy: Halak great, but Thomas even better

Jaroslav Halak has played spectacularly for the Blues so far this season. He is 6-1-1 with a 1.72 goals-against average and a .932 save percentage. He was one of the NHL's brightest stars in October. But he could not top Bruins goaltender Tim Thomas ... (Source: St. Louis Post-Dispatch 2010-11-01T00:30:35Z)

Factbox: Canadian captive's Guantanamo trial ends with deal

GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) - 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 ... (Source: Reuters 2010-10-31T22:14:34Z)

WTA Tour eyes growth in Asia

DOHA, Qatar -- The WTA Tour is counting on the Asia-Pacific region to boost its international growth, along with China's ability to produce more elite players. Bolstered by a five-year sponsorship deal with Peak, a Chinese sporting goods firm, WTA CEO ... (Source: ESPN.com 2010-10-31T18:04:02Z)

49ers rally to beat Broncos in London

WEMBLEY, England - With a change of scenery and a change of quarterback, maybe the San Francisco 49ers still can turn their season around. After winning only one of their first six games, the 49ers and backup Troy Smith turned it on in the fourth quarter ... (Source: Coloradoan 2010-11-01T11:00:31Z)

NFL: 49ers rally past Broncos in London

WEMBLEY, England -- With a change of scenery and a change of quarterback, maybe the San Francisco 49ers can still turn their season around. After winning only one of their first six games, the 49ers and backup Troy Smith turned it on in the fourth quarter ... (Source: Reno Gazette 2010-11-01T08:30:11Z)

EXCO chief to buy company shares in $4.4B deal

The chairman and CEO of EXCO Resources Inc. plans to acquire all the company's outstanding shares in a deal valued at $4.36 billion. Douglas H. Miller on Monday announced an offer to buy EXCO stock for $20.50 per share, a 38 percent premium over its ... (Source: AP - msnbc.com 2010-11-01T14:13:47Z)

WTA: Bullish on growth in China

DOHA, Qatar (AP) — The WTA Tour is counting on the Asia-Pacific region to boost its international growth, along with China's ability to produce more elite players. Bolstered by a five-year sponsorship deal with Peak, a Chinese sporting goods firm, WTA ... (Source: KMOV 2010-10-31T14:57:55Z)

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)

$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)

Belo Corp., Dish Network reach tentative deal to avoid stations going dark

Belo Corp. said late Sunday it has reached a tentative agreement with Dish Network LLC that will keep ABC affiliate WFAA-TV (Channel 8) in Dallas and 14 other Belo stations around the country on the air without interruption. "WFAA and Belo are happy to ... (Source: Dallas Morning News 2010-11-01T02:10:48Z)

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