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 pm

$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 2010-11-10T21:26:55Z)

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)

Clarient's Board of Directors Recommends Stockholders Accept General Electric's Cash Tender Offer

ALISO VIEJO, Calif. , Nov. 5, 2010 /PRNewswire-FirstCall/ -- Clarient, Inc. (Nasdaq: CLRT - News ) announced today that its board of directors has unanimously agreed to recommend that Clarient stockholders tender their shares to General Electric Company ... (Source: Yahoo Finance 2010-11-05T20:14:07Z)

Southside Bancshares, Inc. Declares Cash Dividend

TYLER, Texas , Nov. 10, 2010 /PRNewswire-FirstCall/ -- The Board of Directors of Southside Bancshares, Inc., (Nasdaq: SBSI ), parent company of Southside Bank declared a special cash dividend of $0.17 per common share in addition to declaring a regular ... (Source: StreetInsider.com 2010-11-10T22:38:30Z)

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)

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)

UBS staffer reportedly leaked GM IPO info

Swiss bank UBS is no longer working on General Motors' initial public stock offering because a bank employee leaked information about the sale in an unauthorized e- mail, a person briefed on the matter said Wednesday. GM disclosed the e-mail in a filing ... (Source: Newsday 2010-11-11T00:25:53Z)

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)

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)

Miranda Lambert, Lady A off to fast start at CMAs

NASHVILLE, Tenn. (AP) -- Crossover sensations Lady Antebellum were the big winners early at the Country Music Association Awards on Wednesday night as the trio's single "Need You Now" continued to shake up the genre. Lady A won vocal group of the year and ... (Source: Baltimore Sun 2010-11-11T02:41:53Z)

Man pleads guilty in grisly murder of Riley Fox, 3

In a plea deal that ensures he will die in prison, convicted sex offender Scott Eby admitted raping and drowning 3-year-old Riley Fox following a 2004 break-in at the girl's Wilmington home. Immediately after Eby's guilty plea Wednesday, a Will County ... (Source: Southtown Star 2010-11-11T03:03:22Z)

Star Scientific Files Third Quarter Financial Report; Updates CigRx Test Market, Roskamp ...

GLEN ALLEN, Va. , Nov. 10, 2010 /PRNewswire-FirstCall/ -- Star Scientific, Inc. (Nasdaq: CIGX - News ) filed the company's third-quarter financial report yesterday with the Securities & Exchange Commission.  The company reported $695 thousand in net sales ... (Source: Yahoo Finance 2010-11-10T14:31:45Z)

Apache completes Mariner buy, made before BP spill

SAN FRANCISCO (Reuters) - Apache Corp has completed its acquisition of deepwater Gulf of Mexico operator Mariner Energy Inc, putting to bed a deal struck five days before the BP blowout shook up the entire industry. Apache, a leading shallow-water operator ... (Source: Reuters India 2010-11-10T21:26:55Z)

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)

CMA Awards 2010: Miranda Lambert, Lady A off to fast start

NASHVILLE, Tenn. - Crossover sensations Lady Antebellum were the big winners early at the Country Music Association Awards on Wednesday night as the trio's single "Need You Now" continued to shake up the genre. Lady A won vocal group of the year and single ... (Source: AZCentral.com 2010-11-11T02:34:44Z)

GM posts strong third quarter, indicating first profitable year since 2004

DETROIT — Strong profits on new cars and trucks helped General Motors earn $2 billion in the third quarter, enhancing the company's appeal as it nears next week's initial public stock offering. The third-quarter earnings of $1.20 per share nearly match ... (Source: St. Petersburg Times 2010-11-11T02:41:53Z)

Miranda Lambert, Lady Antebellum off to fast start at CMAs

NASHVILLE, Tenn. -- Miranda Lambert and good friends Lady Antebellum were off to a fast start at the Country Music Association Awards on Wednesday night, winning early awards for their hits "The House That Built Me" and "Need You Now." Lambert's personal ... (Source: Chicago Sun-Times 2010-11-11T02:06:06Z)

Vodafone Ups Outlook; Reveals Japanese Sale

Vodafone , 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 carrier, which recently sold its ... (Source: CNBC 2010-11-09T09:10:48Z)

Sara Lee slims down with $959M baking sale to Grupo Bimbo

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 Sara Lee's last ... (Source: Salt Lake Tribune 2010-11-10T00:12:45Z)

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)

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)

Russia set to allow NATO armoured vehicles' transit

BRUSSELS (Reuters) - Russia is expected to let NATO take armoured vehicles to Afghanistan through its territory under an expanded transit deal that would reduce reliance on more risky routes in Pakistan, NATO diplomats said on Wednesday. Alliance leaders ... (Source: Reuters India 2010-11-10T13:05:51Z)

AP Source: UBS employee leaked info on GM IPO

DETROIT -- Swiss bank UBS is no longer working on General Motors' initial public stock offering because a bank employee leaked information about the sale in an unauthorized e-mail, a person briefed on the matter said Wednesday. The person, who did not want ... (Source: Forbes 2010-11-10T19:32:23Z)

Chevron/Atlas deal a vote for Marcellus

Analysts reacting to Chevron Corp.'s $4.3 billion deal to acquire Moon-based Atlas Energy Inc . called it a vote of confidence for the Marcellus Shale, the natural gas deposit that has attracted multinational corporations such as Exxon Mobile Corp ... (Source: Birmingham Business Journal 2010-11-10T14:17:26Z)

Mariner Energy still on "positive" watch on Apache deal

29 October 2010 - S&P on Thursday continued the "positive" listing on Houston-based oil and gas company Mariner Energy Inc (NYSE: ME | PowerRating ) pending completion of its acquisition by higher-rated sector player Apache Corp (NYSE: APA | PowerRating ... (Source: TradingMarkets.com 2010-10-29T11:04:04Z)

Medvedev to Allow NATO Armored Vehicles' Transit

BRUSSELS — President Dmitry Medvedev is expected to allow NATO to take armored vehicles to Afghanistan through Russian territory under an expanded transit deal that would reduce reliance on more risky routes in Pakistan, NATO diplomats said Wednesday ... (Source: Moscow Times 2010-11-10T22:59:59Z)

UPDATE 1-Apache completes Mariner buy, made before BP spill

SAN FRANCISCO Nov 10 (Reuters) - Apache Corp ( APA.N ) has completed its acquisition of deepwater Gulf of Mexico operator Mariner Energy Inc ( ME.N ), putting to bed a deal struck five days before the BP blowout shook up the entire industry. Apache, a ... (Source: Reuters 2010-11-10T21:19:46Z)

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)

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)

NATO wants Russia to expand Afghanistan cooperation

NATO wants Russia to allow the alliance to transport armoured vehicles to Afghanistan through its territory as part of an expanded transit deal, NATO's spokesman said Wednesday. The transatlantic alliance wants to seal an Afghanistan cooperation package ... (Source: Big Hollywood 2010-11-10T21:41:14Z)

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