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, 8:40 am

'American Idol' parent CKX takes itself off sales block

CKX Inc., the parent of "American Idol" producer 19 Entertainment, said it was ending talks with potential suitors for the company. In a statement, CKX said its board of directors "did not receive any proposals that it felt were in the best interests of ... (Source: Los Angeles Times 2010-10-28T03:05:39Z)

Investigators say Florida mother wanted money from infant son's sale to pay for new car

DAYTONA BEACH, Fla. - Investigators say a Florida woman knew her mother was trying to sell her child and wanted some of the money to pay for a new car. Stephanie Bigbee Fleming of Bradenton was charged Tuesday with being a principal to illegal sale or ... (Source: Minneapolis Star Tribune 2010-11-09T19:04:57Z)

70 years on, rare Superman, Batman covers up for sale

NEW YORK: Jerry Robinson was 18 when he created the Joker, Batman's villainous psychopathic nemesis. He was among the pioneers of a new American art form that included Fred Ray, whose iconic 1942 comic book cover known as Superman Patriotic Shield sealed ... (Source: Times of India 2010-11-10T00:27:04Z)

At a glance: Sara Lee's deal with Grupo Bimbo

Sara Lee Corp. is selling its North American fresh bakery unit to Grupo Bimbo for $959 million. About the companies: Sara Lee Corp. HEADQUARTERS: Downers Grove, Ill. STOCK: New York Stock Exchange, ticker SLE BRANDS: Include Ball Park, Hillshire Farm ... (Source: AP - msnbc.com 2010-11-09T19:19:16Z)

'Call of Duty: Black Ops': Will it be as big as 'Modern Warfare 2'?

Call of Duty: Black Ops hit stores this morning, exactly 364 days after Call of Duty: Modern Warfare 2 became a new national videogame monument, with first-day sales totaling $310 million. Although Black Ops is in the same series as Modern Warfare 2 , it ... (Source: Entertainment Weekly Online 2010-11-09T13:57:08Z)

The Morning Fix: MGM drama nears finish line. CKX says it's not for sale anymore. Fox and Cablevision still ...

After the coffee. Before wondering why we pushed moving the clocks back into November. The Skinny: Here's a shocker: Mike Tyson had no problem with working with Mel Gibson in "The Hangover 2." News would be finding someone Tyson wouldn't work with. Fox and ... (Source: Los Angeles Times 2010-10-27T23:59:32Z)

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 2010-11-09T21:49:35Z)

Sara Lee cuts carbs, is selling its bread business

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: msnbc.com 2010-11-10T07:22:15Z)

American Idol' Owner CKX Ends Buyout Talks

"American Idol" is not heading into the hands of private equity after all. The owner of the hit entertainment TV show, CKX , said Wednesday that it had broken off talks to sell itself after not finding a satisfactory deal.  The announcement comes ... (Source: New York Times Blogs 2010-10-27T21:14:54Z)

Bimbo buys Sara Lee bakery unit

Grupo Bimbo, the world's largest breadmaker, agreed to buy Sara Lee Corp.'s North American bakery business for $959 million to boost sales outside Mexico. The transaction, which includes the right to the Sara Lee brand for bakery goods in the United States ... (Source: San Francisco Gate 2010-11-10T09:23:56Z)

Vodafone profit jumps on sale of Softbank stake

British telecoms company Vodafone reported Tuesday that net profit for the first half of the year jumped 56 percent to 7.50 billion pounds ($12.12 billion), thanks to higher revenue and the sale of a business. The company lifted its outlook. Vodafone said ... (Source: AP - msnbc.com 2010-11-09T12:24:05Z)

Sara Lee to sell North American Fresh Bakery unit for $959M

Sara Lee Corp. is selling its North American Fresh Bakery unit to baking company Grupo Bimbo for $959 million as it looks to concentrate more on its coffee and meat businesses. ♦ Sign up for news, weather, sports, Green Bay Packers and high school sports ... (Source: Green Bay Press-Gazette 2010-11-10T13:13:00Z)

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)

Morgan Stanley Named As Defendant In Lawsuit Over Tourmaline CDO I

NEW YORK (Dow Jones)--Morgan Stanley (MS) disclosed late Monday the investment bank could incur a loss of $274 million from write-offs related to its role in a complex structured product known as Tourmaline CDO I. In a filing with the U.S. Securities and ... (Source: Wall Street Journal 2010-11-08T21:36:27Z)

Microsoft Windows Phone 7 devices go on sale

Smart phones running Microsoft's new software are now available for AT&T Inc. and T-Mobile USA customers. They phones will compete with Apple Inc.'s iPhone and an expanding number of phones with Google Inc.'s Android system. The first batch of handsets are ... (Source: AP - msnbc.com 2010-11-08T23:38:09Z)

Sara Lee Slims Down In $959M Bakery Sale To Bimbo

(AP) NEW YORK (AP) - Sara Lee is cutting the apron strings on its unit that bakes bread, selling it to Mexican bakery giant Grupo Bimbo for $959 million as it looks to concentrate more on its coffee and meat businesses. The maker of Jimmy Dean sausages and ... (Source: CBS News 2010-11-09T15:37:21Z)

Florida mum sold baby to buy car, police charge

MIAMI (Reuters) – A Florida woman was charged with trying to sell her infant son in order to pay for a new car, police said on Tuesday. The baby's grandmother brokered the deal and initially demanded $75,000 (47,000 pounds) but agreed to cut the price to ... (Source: YAHOO! 2010-11-10T08:55:18Z)

Goldman Sachs to Pay $650,000 for Failing to Disclose Wells Notices

WASHINGTON - The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Goldman, Sachs & Co. $650,000 for failing to disclose that two of its registered representatives, including Fabrice Tourre, had received formal notices from ... (Source: pressreleasepoint.com 2010-11-10T02:50:14Z)

Vodafone ups outlook; reveals $5 billion Japanese sale

LONDON (Reuters) - Vodafone ( VOD.L ), the world's largest mobile operator by revenue, raised its full-year outlook and announced the latest stage in its disposal program, a 3.1 billion pound sale of interests in Japanese carrier SoftBank. The British ... (Source: Reuters 2010-11-09T15:44:31Z)

Windows-based smartphones hit market

Microsoft is launching what it hopes will be a new, more successful era in smartphones. New phones running the company's new software are now available. The phones are designed for both AT&T and T-Mobile USA customers - and will compete with Apple's iPhone ... (Source: msnbc.com 2010-11-10T14:10:16Z)

Jerry Robinson Superman, Batman cover art headed to auction

NEW YORK (AP) - Jerry Robinson was 18 when he created the Joker, Batman's villainous psychopathic nemesis. He was among the pioneers of a new American art form that included Fred Ray, whose iconic 1942 comic book cover known as Superman Patriotic Shield ... (Source: LIVE AUCTIONEERS 2010-11-10T14:17:26Z)

UPDATE: Morgan Stanley Could Face $274 Million Loss Related To CDO

NEW YORK -(Dow Jones)- Morgan Stanley ( MS ) disclosed late Monday the investment bank could incur a loss of $274 million from write-offs related to its role in a complex structured product known as Tourmaline CDO I. In a filing with the U.S. Securities ... (Source: NASDAQ 2010-11-08T23:30:59Z)

Vodafone Raises Profit Outlook And Sells Off Softbank Stake

Back to basics for Vodafone , as the carrier continues apace with its sell-off of non-controlled assets. Today it has agreed to sell off a $5 billion stake in Softbank back to the Japanese operator, as it sharpens its focus on operators in Europe, Africa ... (Source: Yahoo Finance 2010-11-09T09:25:07Z)

2nd UPDATE: Morgan Stanley Plans To Sell Stake In Invesco

NEW YORK -(Dow Jones)- Morgan Stanley ( MS ) said it plans to sell a 6.7% stake in Invesco Ltd. (IVZ), roughly five months after it acquired shares of the money manager in a deal that included the sale of its retail asset-management business. For Wall ... (Source: NASDAQ 2010-11-09T23:29:48Z)

Rare superhero covers heading to auction

NEW YORK (AP) — Jerry Robinson was 18 when he created the Joker, Batman's villainous psychopathic nemesis. He was among the pioneers of a new American art form that included Fred Ray, whose 1942 comic book cover known as Superman Patriotic Shield sealed ... (Source: Omaha World-Herald 2010-11-10T16:11:58Z)

'Call of Duty: Black Ops' Hits Store Shelves

The sequel to the world's best-selling video game went on sale at midnight. Last November, "Call of Duty: Modern Warfare 2" made entertainment history with blockbuster sales. The latest label, "Call of Duty: Black Ops," is expected to perform similarly ... (Source: ABC News 2010-11-09T05:14:35Z)

Google Expands Search App To Windows Phone 7

Mountain View, California -- While Microsoft and Google continue to be fierce tech rivals, on Monday search engine heavyweight Google extended its signature mobile search application to Microsoft's fledgling Windows Phone 7 operating system, in a release ... (Source: ebrandz.com 2010-11-10T15:07:32Z)

Investigators: Bradenton mom tried to sell baby

MANATEE COUNTY - A Bradenton woman was arrested Tuesday morning in a scheme to sell her 8-week-old baby and use the proceeds to buy a new car, authorities said. Florida Department of Law Enforcement officers arrested Stephanie Bigbee Fleming, 22, after an ... (Source: Herald Tribune 2010-11-10T13:05:51Z)

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)

'Call of Duty: Black Ops' Goes On Sale

The newest version of the "Call of Duty" video game franchise went on sale in North American and Europe Tuesday bringing gamers on a journey of Cold War-era military missions. The new game, Call of Duty: Black Ops, is the successor to last year's ... (Source: Redorbit.com 2010-11-10T12:22:54Z)

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