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 10, 2010, 11:41 am

35 years later, mystery still surrounds sinking of Edmund Fitzgerald

DULUTH, Minn.-- Maybe it's because no one knows for sure exactly what happened. Maybe it's because so many lives were lost in an instant. Or maybe it's because of the song. It was 35 years ago Wednesday when the Great Lakes freighter Edmund Fitzgerald sank ... (Source: KARE 2010-11-10T14:46:04Z)

Top brass ignored red flags

The following editorial appeared Friday in the Dallas Morning News. A year ago, 13 people died and 32 others were wounded when Army Maj. Nidal Hasan went on a cold-blooded shooting rampage at Fort Hood, Texas. Civilian police officers Sgt. Kimberly Munley ... (Source: Centre Daily 2010-11-10T05:34:52Z)

$4 billion deal will give Chevron Pennsylvania stake

Chevron Corp.'s planned acquisition of Atlas Energy Inc. gives the nation's second-biggest oil company a direct route to the gas-rich Marcellus shale formation in Western Pennsylvania. The $4.3 billion deal announced Tuesday means that Atlas, based in Moon ... (Source: Pittsburgh Tribune-Review 2010-11-10T04:51:55Z)

Mexican firm buys Sara Lee's baking unit

In a deal of local interest, Sara Lee Corp. has announced the sale of its struggling North American bread-making business to Mexican baking giant Grupo Bimbo for $959 million, "Sara Lee slims down with bread sale." Sara Lee operates two metro area ... (Source: Sioux City Journal 2010-11-10T18:13:39Z)

Lions Gate Sues Icahn for Plotting to Merge Studios

Oct. 28 (Bloomberg) -- Lions Gate Entertainment Corp. sued billionaire Carl Icahn over the Metro-Goldwyn-Mayer Inc. studio deal in federal court in New York, alleging the financier was "secretly plotting" to merge the studios. In the lawsuit, Lions ... (Source: BusinessWeek 2010-10-28T21:13:42Z)

Doubts remain on the wreck of the Edmund Fitzgerald

DULUTH, Minn. — Maybe it's because no one knows for sure exactly what happened. Maybe it's because so many lives were lost in an instant. Or maybe it's because of the song. It was 35 years ago today when the Great Lakes freighter Edmund Fitzgerald sank ... (Source: Battle Creek Enquirer 2010-11-10T16:04:48Z)

35 years later, mystery still surrounds the sinking of the Edmund Fitzgerald

Maybe it's because no one knows for sure exactly what happened. Maybe it's because so many lives were lost in an instant. Or maybe it's because of the song.     It was 35 years ago Wednesday when the Great Lakes freighter Edmund Fitzgerald sank in ... (Source: Crookston Daily Times 2010-11-10T14:24:35Z)

Bengals' Chad Ochocinco not playing like a superhero

CINCINNATI -- Chad Ochocinco is tired of being a sidekick. When the Cincinnati Bengals signed receiver Terrell Owens at the start of training camp, Ochocinco was content playing "Robin" to T.O's "Batman," saying he was glad to stay in the background to ... (Source: Detroit Free Press 2010-11-10T10:57:00Z)

Softbank Rose, Volume Surged Before Buyback Release

Nov. 10 (Bloomberg) -- Softbank Corp. climbed to a three- year high and trading volume jumped yesterday in Tokyo before the carrier announced a 412.5 billion yen ($5 billion) repurchase of securities from Vodafone Group Plc. The number of Softbank shares ... (Source: BusinessWeek 2010-11-10T10:42:41Z)

US military says has learnt from Fort Hood

The US military reported it has set up threat awareness and training programs since the 2009 shooting rampage by a Muslim Army psychiatrist but critics said the documents fail to deal with Islamist extremism. Major Nidal Malik Hasan, who had exchanged ... (Source: ONE News 2010-11-10T01:52:58Z)

Bengals Chad Ochocinco reduced to fuming nonfactor

C INCINNATI — Chad Ochocinco is tired of being a sidekick. When the Cincinnati Bengals signed Terrell Owens at the start of training camp, Ochocinco was content playing "Robin" to T.O's "Batman," saying he was glad to stay in the background to help the ... (Source: Boston Herald 2010-11-09T20:52:19Z)

Mystery endures in Edmund Fitzgerald sinking w/video

A ceremony is planned in Michigan's Upper Peninsula to mark the 35th anniversary of the sinking of the Edmund Fitzgerald. The Great Lakes Shipwreck Museum in Whitefish Point is holding its annual memorial service on Wednesday night. The public is welcome ... (Source: Eau Claire Leader-Telegram 2010-11-10T17:30:42Z)

Edmund Fitzgerald, Famous Storm

anewsonline: According to the internet Media, The weather of Richmond will be couple degree cooler than early this week because of some clouds over the place. The Lake Superior was struck by a terible storm 35 years ago wednesday on 10 November 1975. And ... (Source: Gather.com 2010-11-10T17:59:20Z)

Tigers 'expected' re-sign shortstop Jhonny Peralta to two-year deal

Tigers general manager Dave Dombrowski acknowledged last week his desire to retain shortstop Jhonny Peralta next season. Apparently, he wasn't messing around. The Tigers are reportedly close to re-signing the 28-year-old shortstop for 2011, and possibly ... (Source: MLive.com 2010-10-27T19:20:22Z)

Chevron nabs U.S. shale gas acreage

SAN RAMON, Calif., Nov. 10 (UPI) -- A deal to acquire U.S. energy company Atlas Energy Inc. adds trillions of feet of shale gas to Chevron's portfolio in the United States, the supermajor said. Chevron announced that it would acquire Atlas for $3.2 billion ... (Source: United Press International 2010-11-10T13:48:48Z)

Chad Ochocinco Seeks Advice From Jesse Jackson

Chad Ochocinco 's ideas about he and Terrell Owens ' partnership in Cincinnati haven't exactly gone as planned. When Ochocinco would describe the tandem in the preseason, he called them "Batman and Robin" and "Shrek and Donkey." In those scenarios, he ... (Source: NESN.com 2010-11-09T22:25:23Z)

Icahn Accused in Lions Gate Suit of Plotting Merger

Oct. 29 (Bloomberg) -- Billionaire Carl Icahn was sued over the Metro-Goldwyn-Mayer Inc. studio deal by Lions Gate Entertainment Corp., which alleges the financier is "secretly plotting" to merge the studios. In the lawsuit, Vancouver-based Lions Gate ... (Source: BusinessWeek 2010-10-29T12:37:08Z)

Person familiar with deal tells AP that Tigers and SS Jhonny Peralta agree to 2-year deal

DETROIT - Jhonny Peralta is staying with the Detroit Tigers. The shortstop has agreed to an $11.25 million, two-year contract, a person familiar with the contract said Sunday. The person spoke on condition of anonymity because the deal hadn't been ... (Source: Minneapolis Star Tribune 2010-11-08T07:03:09Z)

Lessons learned from Fort Hood shooting: U.S. military

The U.S. military reported it has set up threat awareness and training programs since the 2009 shooting rampage by a Muslim Army psychiatrist but critics said the documents fail to deal with Islamist extremism. Major Nidal Malik Hasan, who had exchanged ... (Source: msnbc.com 2010-11-10T03:40:20Z)

Sara Lee to sell bakery unit to Grupo Bimbo for $959 million

Sara Lee Corp. is cutting the apron strings on its struggling North American bread-making business, agreeing to sell it to Mexican baking giant Grupo Bimbo for $959 million. The deal would make Grupo Bimbo the largest baker in the U.S. It also marks Sara ... (Source: Los Angeles Times 2010-11-10T00:27:04Z)

Deal snapshot: VODAFONE UNVEILS USD5.1BN SALE OF INTERESTS IN JAPANESE ...

For full details on Vodafone Group Plc (VOD) VOD . Vodafone Group Plc (VOD) has Short Term PowerRatings at TradingMarkets. Details on Vodafone Group Plc (VOD) Short Term PowerRatings is available at This Link . How to Successfully Trade ETFs Do you want to ... (Source: TradingMarkets.com 2010-11-10T17:30:42Z)

UPDATE 3-Sanofi asks Genzyme to let investors decide on bid

"This is still a game of cat and mouse. The group is putting pressure on shareholders and indirectly on the board by making this public. He who dares wins," said one analyst who asked not to be named. Sanofi said in a statement accompanying the letter that ... (Source: Reuters 2010-11-08T21:50:46Z)

Sanofi to Genzyme: It's time to talk, not fight

S anofi-Aventis is warning Genzyme Corp. not to throw procedural and legal obstacles in the way of its hostile takeover attempt. In a letter sent to Genzyme yesterday, Sanofi CEO Chris Viehbacher again asked for meetings with executives from the Cambridge ... (Source: Boston Herald 2010-11-09T10:58:11Z)

Analysis: Genzyme seen an anomaly in bite-sized deal market

NEW YORK (Reuters) - Sanofi-Aventis' ( SASY.PA ) $18.5 billion pursuit of Genzyme Corp ( GENZ.O ) may be a foregone conclusion for many healthcare industry executives and bankers, but few rivals likely will copy the hostile bid. While some see room for a ... (Source: Reuters 2010-11-10T16:40:36Z)

Mystery still endures on 35th anniversary of Edmund Fitzgerald sinking

Maybe it's because no one knows for sure exactly what happened. Maybe it's because so many lives were lost in an instant. Or maybe it's because of the song. It was 35 years ago Wednesday when the Great Lakes freighter Edmund Fitzgerald sank in Lake ... (Source: MLive.com 2010-11-10T16:19:07Z)

Chevron buys into shale gas

Moon natural gas producer Atlas Energy Inc. has agreed to be acquired by Chevron Corp. for $4.3 billion in a deal that accelerates the involvement of the world's major oil companies in development of the Marcellus Shale, a geologic formation containing ... (Source: Pittsburgh Post-Gazette 2010-11-10T05:20:33Z)

Tigers agree to deal with SS Jhonny Peralta

DETROIT—Jhonny Peralta wanted to play shortstop, and the Detroit Tigers liked the idea of solidifying the left side of their infield for the next couple years. Peralta and the Tigers agreed on an $11.25 million, two-year contract with a club option for ... (Source: San Jose Mercury News 2010-11-08T17:40:14Z)

Sara Lee sells its North American Fresh Bakery unit to Grupo Bimbo for $959 million

PORTLAND, Ore. - Sara Lee Corp. is cutting the apron strings on its struggling North American bread-making business, selling it to Mexican baking giant Grupo Bimbo for $959 million. The deal makes Grupo Bimbo the largest baker in the U.S. It also marks ... (Source: Minneapolis Star Tribune 2010-11-09T20:23:41Z)

Vodafone to Sell Softbank Interests for $5 Billion

LONDON—Mobile giant Vodafone Group PLC said Tuesday that it will receive £3.1 billion ($5 billion) from the sale of its interests in SoftBank Corp. of Japan, part of wider management efforts to exploit its operations in Europe, Africa and India. Under ... (Source: Wall Street Journal 2010-11-10T13:48:48Z)

Lions Gate confirms talks with Icahn, shares jump

LOS ANGELES (Reuters) - Lions Gate Entertainment Corp ( LGF.N ) said on Wednesday it was on track to hit its fiscal 2011 target of $75 million in earnings before items and confirmed it was in ongoing talks with billionaire hostile bidder Carl Icahn, and ... (Source: Reuters 2010-11-10T19:18:04Z)

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