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, 5:41 pm

With Plea Deal, Sex Offender Admits to Killing Riley Fox

A convicted sex offender arrested in May after DNA evidence linked him to the death of a little girl was sentenced to life without parole Tuesday after negotiating a plea deal with prosecutors. Scott Eby's plea deal, accepted by Will County Judge Richard ... (Source: msnbc.com 2010-11-10T22:45:40Z)

Chevron to buy Atlas Energy for $3.2 billion in cash and stock

Chevron will buy natural gas producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday. Including debt of about $1.1 billion, the deal is worth $4.3 billion in all. Chevron Corp., based in San Ramon, Calif., is the ... (Source: Los Angeles Times 2010-11-09T14:40:05Z)

Former White Sox executive, two scouts indicted on federal fraud charges

Former White Sox executive David Wilder and two former White Sox scouts in Latin America were indicted today on federal fraud charges for allegedly accepting kickbacks totaling approximately $400,000 from signing bonuses and contract buyouts paid to secure ... (Source: Chicago Sun-Times 2010-11-10T19:32:23Z)

Giants report: Strategy and personnel

The Giants offensive line is in a state of flux this week as New York will be without C Shaun O'Hara (foot) and LT David Diehl (hamstring and hip). To add to the Giants' injury headaches, O'Hara's backup, Adam Koets , is gone for the season after tearing ... (Source: CBS Sports 2010-11-10T23:07:08Z)

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)

Chevron to buy Atlas Energy

Chevron Corp., signaling that it hungers for nontraditional energy sources, said Tuesday that it has struck a $4.3 billion deal to buy Atlas Energy Inc., giving Chevron access to a Pennsylvania region that is rich in natural gas. San Ramon-based Chevron ... (Source: San Jose Mercury News 2010-11-10T04:59:05Z)

Sara Lee slims down with $959M bread sale to Bimbo

PORTLAND, Ore. (AP) — 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 ... (Source: KHOU 2010-11-11T01:01:40Z)

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)

ABC7 Sources: Eby plea deal may remove death penalty

November 10, 2010 (JOLIET, Ill.) (WLS) -- A guilty plea is expected Wednesday in the murder of 3-year-old Riley Fox, who was taken from her Wilmington home and killed in 2004. Convicted sex offender Scott Eby, 38, is expected to enter a guilty plea at ... (Source: KABC 2010-11-10T22:31:21Z)

Ex-Lee County sheriff convicted

COLUMBIA -- A former sheriff was convicted Tuesday of more than 30 drug conspiracy and racketeering charges in what prosecutors said was a wide-ranging corruption case. A federal jury of eight men and four women deliberated 15 hours over two days before ... (Source: The Post and Courier 2010-11-10T05:06:14Z)

AOL Does Video Deal With Eisner

AOL announced today it has joined forces with former Disney CEO Michael Eisner's Vuguru to develop video content for distribution by AOL. Vuguru will develop and produce at least six original scripted series, of about 19 minutes in length but with breaks ... (Source: Forbes 2010-11-10T17:37:52Z)

Goldman fined $650,000 for disclosure lapse

Industry regulators have fined Goldman Sachs $650,000 for failing to disclose that two of its brokers, including the executive accused of leading the mortgage securities deal that brought civil fraud charges against the firm, were under investigation by ... (Source: AP - msnbc.com 2010-11-09T18:36:19Z)

Calif farmers plan $11.7M water sale to SoCal

HANFORD, Calif.—Two farmers in central California's parched western valley are proposing to sell much of the irrigation water they get from the state to urban developers in Southern California. The proposed $11.7 million deal would transfer 1,998 acre ... (Source: San Jose Mercury News 2010-11-11T00:25:53Z)

Royals Deal DeJesus To Athletics For Pitchers

KMBC.com The Kansas City Royals have traded outfielder David DeJesus to the Oakland Athletics for two pitchers, the Royals announced Wednesday. DeJesus was traded to Oakland for right-handed pitcher Vin Mazzaro and left-handed pitcher Justin Marks. Mazzaro ... (Source: msnbc.com 2010-11-11T00:40:12Z)

UPDATE: Goldman Faces Lawsuit On $1.2 Billion Hudson CDO Deals- Filing

Goldman Sachs Group Inc. ( GS ) faces a class-action lawsuit over two collateralized debt obligations it packaged and sold in 2006 and 2007, according to its latest quarterly regulatory filing. The CDO deals, called Hudson Mezzanine Funding 1 and 2 ... (Source: NASDAQ 2010-11-09T17:17:34Z)

Tejon Ranch Company Reports CEO Stock Disposition and Repurchase Program

TEJON RANCH, Calif.--( BUSINESS WIRE )--Tejon Ranch Co. (NYSE:TRC) today announced that President and CEO, Robert A. Stine, citing professional financial and tax planning advice, has established a written sale and repurchase program under SEC Rule 10b5-1 ... (Source: Business Wire 2010-11-10T06:03:30Z)

GIANTS FOOTBALL: G-Men playing musical chairs on OL

EAST RUTHERFORD, N.J. — The New York Giants are playing a game within a game this week: musical chairs on the offensive line. Shawn Andrews is in, David Diehl is out. Adam Koets is on injured reserve, Shaun O'Hara is in the training room instead of on ... (Source: Middletown Press 2010-11-11T00:25:53Z)

Vuguru to make Web videos for AOL

Internet portal site AOL Inc. said Wednesday that Vuguru, the made-for-Web production company founded by former Disney CEO Michael Eisner, will develop at least six original scripted series for the site. The company said the partnership is part of its ... (Source: AP - msnbc.com 2010-11-10T20:51:08Z)

Finra Fines Goldman Over Disclosure; New Name Emerges

The Financial Industry Regulatory Authority fined Goldman Sachs & Co. $650,000, ending a bout of scrutiny over the firm's disclosures of investigations into its Abacus CDO 2007-AC1. Finra said Goldman failed for several months to report that two of its ... (Source: Wall Street Journal 2010-11-10T20:36:49Z)

Ex-White Sox Executive Indicted on Kickback Charges

Nov. 10 (Bloomberg) -- A former Chicago White Sox executive was indicted on federal charges that he worked with two scouts to obtain illegal kickbacks from prospective baseball players, according to prosecutors in Chicago. David Wilder, who directed the ... (Source: BusinessWeek 2010-11-10T20:15:20Z)

A's send 2 pitchers to Royals for Manalapan graduate David DeJesus

OAKLAND, CALIF. — The Athletics have boosted their offense and added a reliable outfielder, acquiring Manalapan High School graduate David DeJesus from the Kansas City Royals for right-hander Vin Mazzaro and minor league lefty Justin Marks. One of ... (Source: Asbury Park Press 2010-11-11T00:54:31Z)

No Verdict Yet in Ex-Lee County Sheriff'S Case

COLUMBIA, S.C. (AP) Jurors have wrapped up their first day of deliberations without coming to a verdict for a former Lee County sheriff facing dozens of federal charges including drug conspiracy and racketeering. The jury deliberated all day Monday on the ... (Source: News Channel 7 2010-11-10T13:48:48Z)

David Diehl optimistic about injuries

New York Giants left tackle David Diehl said his hamstring is what concerns him more than his hip of the two injuries he suffered on Sunday in a game against the Seattle Seahawks . Still, Diehl optimistically says his goal is to miss just one game and ... (Source: ESPN.com 2010-11-09T20:45:10Z)

Ex-Chicago White Sox scouting exec indicted

A former Chicago White Sox scouting executive was indicted on federal fraud charges Wednesday for allegedly accepting kickbacks from signing bonuses and contract buyouts, targeting players from impoverished parts of Latin America hungry to play in the U.S ... (Source: San Francisco Gate 2010-11-11T00:04:24Z)

Deal Profile: Chevron to Buy Atlas Energy

Chevron yesterday became the latest oil giant to bet big on U.S. natural gas exploration , disclosing plans to acquire Atlas Energy for $3.2 billion. The deal is a departure for Chevron, which until now has sat back while competitors made multi-billion ... (Source: Wall Street Journal 2010-11-10T16:04:48Z)

Kings County growers want to sell water to SoCal

HANFORD, Calif. (AP) — Two farmers in central California's parched western valley are proposing to sell much of the irrigation water they get from the state to urban developers in Southern California. The proposed $11.7 million deal would transfer 1,998 ... (Source: Thecalifornian.com 2010-11-11T00:33:02Z)

AOL partners with Michael Eisner's Vuguru

Bolstering its efforts in content creation, AOL said Wednesday it is partnering with Michael Eisner's Vuguru studio to create six original scripted series that will be distributed by AOL in the next year. "Until now, there's been a gap in the online video ... (Source: Variety 2010-11-10T23:35:46Z)

Jury renews deliberations on ex-Lee County sheriff

COLUMBIA, S.C. (AP) -- Jurors have begun their second day of deliberations over the fate of a former Lee County sheriff facing dozens of federal charges including drug conspiracy and racketeering. Jurors renewed deliberations Tuesday over the fate of E.J ... (Source: WCNC 2010-11-09T20:30:51Z)

Oakland upgrades offense with acquisition of David DeJesus from Royals for 2 pitchers

OAKLAND, Calif. (AP) — The Athletics have boosted their offense and added a reliable outfielder, acquiring David DeJesus from the Kansas City Royals for right-hander Vin Mazzaro and minor league lefty Justin Marks. One of Oakland general manager Billy ... (Source: Chicago Tribune 2010-11-11T00:40:12Z)

Deal possible in slaying of 3-year-old Riley Fox, attorney says

The man charged with the brutal 2004 rape and murder of 3-year-old Riley Fox is in negotiations with prosecutors about a deal that could have him pleading guilty Wednesday, his attorney said. Convicted sex offender Scott Eby was arrested in May after DNA ... (Source: Chicago Tribune 2010-11-10T02:28:45Z)

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