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 11, 2010, 11:40 am

Temasek to take up Bank of America's CCB rights-sources

SINGAPORE Nov 11 (Reuters) - Singapore state investor Temasek [TEM.UL] will take up Bank of America's ( BAC.N ) entire entitlement in China Construction Bank's ( 0939.HK ) upcoming rights issue, two sources familiar with the deal said on Thursday. CCB ... (Source: Reuters 2010-11-11T02:34:44Z)

Wal-Mart announces free shipping for the holidays, putting pressure on competitors

Wal-Mart is upping the ante on the holidays. The world's largest retailer announced Thursday that it is offering free shipping on about 60,000 holiday items with no minimum purchase amount or subscription fees now through Dec. 20. The free shipping offer ... (Source: Los Angeles Times 2010-11-11T18:55:25Z)

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: BRANDS: Include Boboli, Entenmann's, Oroweat and Tia Rosa BEHIND THE DEAL: Expands its global business and makes it the largest baker in ... (Source: Forbes 2010-11-09T19:26:25Z)

TODAY'S QUESTION: Do you think alcoholic energy drinks should be banned in Missouri?

Washington state officials banned the sale of alcoholic energy drinks Wednesday, such as Joose and Four Loko , which is sometimes nicknamed "blackout in a can." According to CNN , the ban is in response to an incident in October where nine Central ... (Source: Columbia Missourian 2010-11-11T18:05:18Z)

MetLife Will Discontinue the Sale of New Long-Term Care Insurance Coverage

NEW YORK--( BUSINESS WIRE )--Following an extensive review of its Long-Term Care Insurance (LTCI) business, MetLife today announced that it will discontinue the sale of new LTCI coverage. MetLife will continue to accept new applications for individual LTCI ... (Source: Business Wire 2010-11-10T22:59:59Z)

Patty Bigbee: Missouri Lottery Winner Accused of Trying to Sell Grandson for Cash

Bigbee has a long criminal history . She was convicted of passing bad checks in Ohio in the 1990s. In 2007 she was released from prison in Michigan after serving an eight-year sentence for armed robbery. She lived in St. Louis for only a brief time before ... (Source: Riverfront Times (blog) 2010-11-11T14:44:52Z)

Amazon Yanks 'Pedophile's Guide' From Its Kindle Store

WASHINGTON, DC – The online retailer Amazon touched off a firestorm this week when it defended its sale of an advice guide for pedophiles in its Kindle store. Then, in an about-face, the company removed the book after a public outcry. The book, The ... (Source: YAHOO! 2010-11-11T17:29:31Z)

When to get the biggest discounts on TVS, toys, clothes? The answer for some may be now

NEW YORK (AP) — Before you head into the final stretch before the holiday rush, when stores lose all subtlety in the ways they push gift-buying, you may wonder whether to pass up November bargains in the hope that some prices will keep falling. Last year ... (Source: Chicago Tribune 2010-11-11T17:00:53Z)

Walmart to offer free shipping for the holidays

The holiday wars are getting hotter among retailers as they compete for shoppers. Walmart said today it is offering free shipping on nearly 60,000 items through Dec. 20, including all electronics. There is no minimum purchase requirement or subscription ... (Source: Weblogs.baltimoresun.com 2010-11-11T18:19:37Z)

Top recruit Cody Zeller picks IU

WASHINGTON, Ind. -- Coveted basketball recruit Cody Zeller will play for Indiana, a person with knowledge of the situation said today. The Washington, Ind., 6-10 center had narrowed his list of college choices to Butler, Indiana and North Carolina. His ... (Source: Star-Press 2010-11-11T18:33:56Z)

Toys R Us' Black Friday Deals -- Revealed!

Washington, D.C. (November 11, 2010) -- How would you like a 32-inch LCD HDTV for just $249? Or an XBox 360 video game system for just $199? That's just a few of the "Black Friday" deals that you can expect at Toys r Us, according to the web site ... (Source: TVPredictions.com 2010-11-11T14:52:02Z)

Prudential Financial to offer $1 billion in stock

NEWARK, N.J. — Prudential Financial Inc. said Wednesday it will undertake a $1 billion public offering of its common stock to finance the purchase of two companies. Money from the offering will used to complete the previously announced acquisition of ... (Source: msnbc.com 2010-11-11T06:23:48Z)

'Pedophile Guide' Author Confident E-Book Will Be Back on Amazon

"The Pedophile's Guide to Love and Pleasure" is currently not available on Amazon following calls for a boycott of the online retail giant, but the man who wrote the e-book is confident that it will be back.  Meanwhile, pedophiles who are upset that they ... (Source: FOX News 2010-11-11T19:24:03Z)

Prudential to Sell $1B in Common Shares

Prudential Financial (PRU) has begun a public offering of $1 billion of its common stock to fund a portion of the purchase price for its acquisition of AIG Star Life Insurance and AIG Edison Life Insurance from American International Group (AIG ... (Source: Forbes 2010-11-11T17:22:21Z)

MetLife Halts Sale of New Long-Term Care Insurance

Nov. 11 (Bloomberg) -- MetLife Inc., the largest U.S. life insurer, will halt the sale of new long-term care coverage after citing "financial challenges" in the business. The insurer will accept applications for new coverage through Dec. 30 and ... (Source: BusinessWeek 2010-11-11T14:16:14Z)

Florida Woman Arrested After Selling Grandson For $30,000

It happened in the parking lot of a Best Buy, but there was nothing good about the sale taking place: a Holly Hill woman handing her 8-week-old grandson over to a stranger in exchange for $30,000. Patty Bigbee, 45, originally offered the child for $75,000 ... (Source: msnbc.com 2010-11-06T16:45:20Z)

Citi, BofA Merrill Lynch part of Prudential Financial common equity placement

11 November 2010 - Citi, BofA Merrill Lynch, UBS Investment Bank and Barclays Capital have been picked book-runners for Prudential Financial Inc's (NYSE: PRU | PowerRating ) public offering of USD1bn (EUR728m) common shares, Prudential Financial said. The ... (Source: TradingMarkets.com 2010-11-11T14:01:55Z)

Look early for Black Friday digital gear deals

Black Friday, the Friday after Thanksgiving, is one of the biggest shopping days of the year. Retailers offer smoking deals to lure Christmas shoppers. But in this sluggish economy, Black Friday is no longer a one-day event. This year, Black Friday deals ... (Source: Houma Courier 2010-11-11T15:06:21Z)

UPDATE 1-Temasek to take up BoA's rights on CCB share sale

SINGAPORE, Nov 11 (Reuters) - Temasek Holdings [TEM.UL] will take up Bank of America's ( BAC.N ) entire entitlement in China Construction Bank's ( 0939.HK ) rights issue, a spokesman for the Singapore state investor said on Thursday. CCB ( 601939.SS ... (Source: Reuters 2010-11-11T03:53:28Z)

Wal-Mart to offer free shipping on website-NYT

Nov 11 (Reuters) - Wal-Mart Stores Inc ( WMT.N ) plans to offer free shipping on nearly 60,000 gift items, including toys and electronics, when purchased through its website from Thursday, the New York Times reported. The world's largest retailer will not ... (Source: Reuters 2010-11-11T07:13:54Z)

Amazon Pulls 'Pedophile Guide' Amid Outrage

An e-book for sale on Amazon.com entitled "The Pedophile's Guide to Love and Pleasure," was apparently pulled by the online retailer late Wednesday after shocked consumers across the nation called for a boycott. The title, authored by Phillips Greaves, was ... (Source: FOX News 2010-11-11T18:48:15Z)

Temasek to Buy BofA's CCB Rights

Temasek Holdings, Singapore's state investment firm, said on Thursday that it will purchase Bank of America Corporation 's (NYSE: BAC - News ) entire entitlement in China Construction Bank's ("CCB") upcoming 61.6 billion yuan ($9.3 billion) rights ... (Source: Yahoo Finance 2010-11-11T16:32:15Z)

Prize 6-10 recruit Cody Zeller chooses Indiana over Butler, North Carolina

WASHINGTON, Ind. - Indiana high school basketball standout Cody Zeller says he'll play at Indiana, marking a big recruiting victory for the Hoosiers and coach Tom Crean. The 6-10 senior at southern Indiana's Washington High School had narrowed his choices ... (Source: Minneapolis Star Tribune 2010-11-11T19:02:34Z)

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)

MetLife To Halt Sale Of New Long-term Care Insurance Coverage - Update

(RTTNews) - Life insurer MetLife Inc. (MET: News ) said Thursday that it will discontinue the sale of new long-term care insurance coverage or LTCI, citing the "financial challenges" facing the industry. However, the company will continue to accept new ... (Source: RTT News 2010-11-11T14:01:55Z)

FDLE: Daughter Of Woman Who Tried To Sell Grandson Arrested

WPBF.com The daughter of a Holly Hill woman accused of trying to sell her 8-week-old grandson was arrested Tuesday. Stephanie Fleming, 22, of Bradenton, was charged with illegal sale or surrender of a child. Fleming's 45-year-old mother, Patty Bigbee, and ... (Source: msnbc.com 2010-11-10T12:08:35Z)

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)

Coveted basketball recruit Cody Zeller to play for IU

WASHINGTON, Ind. -- Coveted basketball recruit Cody Zeller will play for Indiana, he said today. The Washington, Ind., 6-10 center had narrowed his list of college choices to Butler, Indiana and North Carolina. "Until about a week ago, I didn't know it ... (Source: Indianapolis Star 2010-11-11T19:09:44Z)

College students stock up on 'Four Loko' before ban goes into effect

SPOKANE -- The Washington Liquor Control Board voted to ban on alcoholic energy drinks loaded with caffeine, including the popular drink called Four Loko. But the ban prompted a rush in sales in areas throughout Washington. At the Hamilton Market near ... (Source: msnbc.com 2010-11-11T18:41:06Z)

Washington considers ban of alcoholic energy drinks

(CNN) -- The Washington State Liquor Control Board will vote Wednesday on whether to ban the sale of alcoholic energy drinks in the state after a drink that some call "blackout in a can" sickened nine college students. In October, nine Central Washington ... (Source: CNN 2010-11-10T07:58:02Z)

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