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Deals of the Hour / November 11, 2010, 1:42 am

NASA Deals With Crack On Shuttle

CAPE CANAVERAL, Fla. -- Cracks in the insulation of space shuttle Discovery's fuel tank are apparently more serious than first thought. Mission managers said the cracks are deeper than they first appeared. The cracks are one of two things NASA is trying to ... (Source: News Channel 2000 2010-11-10T21:19:46Z)

NASA Postpones Shuttle Discovery Launch to Nov. 30 for Repairs

This story has been updated at 2:45 p.m. EDT. CAPE CANAVERAL, Fla. A fuel leak and crack on the space shuttle Discovery's huge external tank has forced NASA to call off any attempts to launch before Nov. 30 the latest in a series of delays for the ... (Source: msnbc.com 2010-11-05T20:14:07Z)

Sara Lee Shrinks With Sale of Bread Business

NEW YORK (Reuters) - Sara Lee Corp will sell its North American bakery business to Mexico's Grupo Bimbo for $925 million, the latest move to shrink what was once a sprawling company that sold everything from hot dogs to underwear. After the sale, in which ... (Source: ABC News 2010-11-09T16:27:28Z)

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)

Cracks found on grounded space shuttle's fuel tank

CAPE CANAVERAL, Fla. — NASA has found cracks on space shuttle Discovery's fuel tank. Discovery is grounded until at least the end of the month by a hydrogen gas leak. The leak forced NASA to call off last Friday's launch attempt. Later, a 20-inch crack ... (Source: Houston Chronicle 2010-11-10T22:09:52Z)

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)

Leaked Target ad boasts big Black Friday savings

DALY CITY, Calif. (KGO) -- Holiday shoppers may be getting an early and unexpected glimpse Wednesday at the deals Target will be offering for Black Friday. In what is believed to be a leaked ad, Target looks to be offering some major discounts including a ... (Source: KABC 2010-11-10T19:53:52Z)

Ex-marines held over sale of guns to gang

The suspected ringleader, Adam Gitschlag, who served in Iraq and was once based at Camp Pendleton, was arrested at his Orange County home on November 2 as part of an operation carried out by the Bureau of Alcohol, Tobacco, Firearms and Explosives, as well ... (Source: The Australian 2010-11-10T14:10:16Z)

Walmart Black Friday Ad and Target Black Friday 2010

Walmart Black Friday Ad and Target Black Friday 2010 : Walmart black friday 2010, black friday 2010, best buy black friday 2010, walmart black friday 2010 ads, sears black friday 2010 . We just received a copy of the Target Black Friday ad. This year they ... (Source: Gather.com 2010-11-11T03:24:50Z)

SUNRISE: 72-year-old woman hit, dragged by minivan; driver arrested

A 72-year-old woman was taken to a hospital and a man was arrested Wednesday after the man allegedly backed his minivan into the woman and dragged her about 30 feet. Joshua Nichols, 25, was at American Iron and Metal at 3390 Drennan Industrial Loop in ... (Source: Colorado Springs Gazette 2010-11-10T13:55:57Z)

DEFICIT PANEL: Leaders offer strategy of cuts, higher taxes and curbs on Social Security

WASHINGTON - The chairmen of President Barack Obama's bipartisan deficit commission on Wednesday offered an aggressive plan to rebalance the federal budget by curbing increases in Social Security benefits, slashing spending at the Pentagon and other ... (Source: Herald Tribune 2010-11-11T09:01:17Z)

Social Security, mortgage breaks ideas for slashing U.S. deficit

WASHINGTON - In a politically incendiary plan, the bipartisan leaders of President Barack Obama's deficit commission proposed curbs in Social Security benefits, deep reductions in federal spending and higher taxes for millions of Americans on Wednesday to ... (Source: AZCentral.com 2010-11-11T07:13:54Z)

Chicago trial promises peek inside modern-day mob

Associated Press= CHICAGO (AP) — The trial of a reputed mob boss known for his wide girth and alleged penchant for violence will offer a peek into the inner workings of Chicago-area organized crime, laid low by prosecutions that sent older mobsters to ... (Source: The Guardian 2010-11-11T00:11:34Z)

Chicago trial of reputed mobster 'The Large Guy' promises peek inside modern-day mob

CHICAGO - The trial of a reputed mob boss known for his wide girth and alleged penchant for violence is set to offer a peek into the inner workings of Chicago-area organized crime. Michael "The Large Guy" Sarno's racketeering trial starts Wednesday in ... (Source: Minneapolis Star Tribune 2010-11-09T22:46:51Z)

GM plans to secure $13 bln via IPO

SAN FRANCISCO (MarketWatch) -- General Motors Co. (NYSE:GM) is expected to offer 365 million of common shares and 60 million of Series B mandatory convertible junior preferred stock as part of its initial public offering to secure a total of $13 billion ... (Source: Marketwatch 2010-11-03T19:47:51Z)

Target trots out $3 appliances on Black Friday

NEW YORK (CNNMoney.com) -- Here's a sampling of what Black Friday shoppers at Target stores could score this year: $3 appliances, deep deals on HDTVs and 50% off on clothes and toys, according to a website that says it has received a leaked copy of the ... (Source: CNN Money 2010-11-10T15:57:39Z)

Amazon.com Irks Users Over Pedophile Guide Sale, Defends Move

(Bloomberg)—Amazon.com Inc., the world's largest online retailer, sparked user anger over its sale of a book that bills itself as a guide for pedophiles. "The Pedophile's Guide to Love and Pleasure," written and published by Phillip R. Greaves, has been ... (Source: BusinessWeek 2010-11-11T05:12:13Z)

Debt panel leaders propose huge spending cuts, changes in Social Security to reduce deficits

WASHINGTON — The leaders of a presidential commission to reduce the nation's debt Wednesday proposed a major overhaul of the tax code, big cuts in military and nondefense spending and several changes to Medicare and Social Security, including slowly ... (Source: Daily Oklahoman 2010-11-11T06:52:26Z)

Ex-Marines sold guns to gangs, agents say

LOS ANGELES — Federal agents have arrested three retired Marines suspected of selling assault weapons to a Los Angeles street gang. The man accused as the ringleader, Adam Gitschlag, who served in Iraq and was once based at Camp Pendleton, Calif., was ... (Source: Columbus Dispatch 2010-11-10T11:39:57Z)

Deals of the day -- mergers and acquisitions

Nov 11 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0530 GMT on Thursday. (For Reuters columns on deals, click on [DEALTALK/]) ** Australia and New Zealand Banking Group ... (Source: Reuters 2010-11-11T05:33:41Z)

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 2010-11-11T09:08:26Z)

Ventas to offer senior notes due 2015

CHICAGO (AP) -- Ventas Inc. said Monday it plans to offer senior notes due 2015 in a bid to raise funds to repay debt under its unsecured revolving credit line. The real estate investment trust didn't specify the size of the notes offering. The notes will ... (Source: Yahoo Finance 2010-11-08T22:55:12Z)

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)

Amazon.com's sale of 'pedophile guide' irks users

Amazon.com has sparked user anger over its sale of a book that bills itself as a guide for pedophiles. "The Pedophile's Guide to Love and Pleasure," an electronic book written and published by Phillip R. Greaves, has been on sale since Oct. 28, according ... (Source: Seattle Times 2010-11-11T06:02:19Z)

Sara Lee's Nashville facilities don't expect layoffs after sale

All employees and operations of the Sara Lee Corp.'s bakery, sales depot and outlet store in Nashville will be transferred to a new owner when the sale of Sara Lee's North American Fresh Bakery unit to Mexico's Grupo Bimbo is completed next year. Sara Lee ... (Source: Nashville Tennessean 2010-11-11T08:11:10Z)

UPDATE 1-Sara Lee near bakery sale to Grupo Bimbo-report

NEW YORK Nov 8 (Reuters) - A deal whereby Sara Lee Corp ( SLE.N ) sells its North American bakery business to Mexico's Grupo Bimbo ( BIMBOA.MX ) for $900 million to $1 billion could be announced this week, Bloomberg reported on Monday, citing two people ... (Source: Reuters 2010-11-08T17:33:04Z)

County announces deal to purchase Glacier Northwest mine site for $36 million

Sharon Nelson, a state lawmaker who's been battling Glacier Northwest's expansion plans on Maury Island for more than a decade, teared up shortly before a news conference Wednesday announcing King County's anticipated purchase of the 236-acre mine site ... (Source: Bainbridge Island Review 2010-11-11T01:44:37Z)

Elaborate deal turns Maury Mine into a park

SEATTLE -- For the last decade a dark legal cloud has hung over a stretch of Maury Island waterfront. But Wednesday, the sun came out. A deal was announced that put to rest a major dispute over plans to resume mining at the site. The owner of an old sand ... (Source: msnbc.com 2010-11-11T03:10:31Z)

Maury Island mine may become park if sale goes through

After more than a decade of fighting, environmental groups and King County have reached agreement with the owners of a controversial sand and gravel mine on Maury Island to buy the property and turn it into a park. But the would-be purchasers still haven't ... (Source: Seattle Times 2010-11-10T05:27:43Z)

Trial offers a big picture of today's Chicago mob

CHICAGO - The trial of a reputed mob boss known for his wide girth and alleged penchant for violence will offer a peek into the inner workings of Chicago-area organized crime, laid low by prosecutions that sent older mobsters to prison for life. Michael ... (Source: Philadelphia Daily News 2010-11-11T08:04:01Z)

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