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 13, 2010, 12:40 am

Girls Gone Wild' distributor booked in CA death

Ryan Bowman , the head of the Australian distributor of "Girls Gone Wild," has been accused in a fatal hit-and-run crash in Southern California. Bowman, of Zeal Entertainment , was being held yesterday on $2 million bail after being booked for felony ... (Source: Boston Herald 2010-11-13T05:38:28Z)

MetLife to Halt Sales of New Long-Term Care Insurance, Cites Financial Problems for Industry

NEW YORK, Nov 11, 2010 (A. M. Best via COMTEX) -- MetLife Inc. said it will stop selling new long-term care insurance coverage. "There have been financial challenges within the long-term care industry as a whole," and not unique to the company, said Karen ... (Source: TradingMarkets.com 2010-11-11T22:01:32Z)

Newsweek, Daily Beast Set Merger

Newsweek magazine and news website The Daily Beast have agreed to a deal that will make Daily Beast co-founder Tina Brown the editor-in-chief of the combined operation three weeks after they abandoned talks of a merger over a disagreement about control ... (Source: Wall Street Journal 2010-11-12T02:12:04Z)

Prudential to Buy Biz, Raises Funds

US insurer Prudential Financial Inc. ( PRU - Analyst Report ) has commenced the offering of 18.4 million of its common shares at a price of $54.50 each. The net funds of $970 million from the issue would be used to finance part of the acquisition of ... (Source: Zacks.com 2010-11-12T14:58:00Z)

Stores getting an early jump on big holiday sales

They will march into the predawn darkness, their battle plans carefully researched, meticulously MapQuested and fecklessly flecked with cranberry sauce. If shopping has a national holiday, it is Black Friday, the day after Thanksgiving, when the biggest ... (Source: Duluth News Tribune 2010-11-13T06:07:06Z)

Housing: Waiting for even lower mortgage rates tricky

When the Federal Reserve recently rolled out its plan to pump $600 billion into the credit markets, many homeowners and buyers might have figured that since mortgage interest rates are now likely to fall again, why not postpone the loan application they ... (Source: Arizona Daily Star 2010-11-13T06:57:13Z)

GIRLS GONE WILD DISTRIBUTOR ACCUSED OF FATAL HIT-AND-RUN

A distribution boss for JOE FRANCIS' adult movie franchise GIRLS GONE WILD has been held on $2 million (£1.3 million) bail after allegedly killing a woman in a serious hit-and-run accident in California. Ryan Bowman, head of Zeal Entertainment, which ... (Source: PR Inside 2010-11-13T01:35:05Z)

NBA finally approves record sale of Golden State Warriors to group headed by Joseph Lacob ...

CHICAGO -- The Chris Cohan era of the Golden State Warriors is officially over. Friday, the NBA and the Warriors announced the league's board of governors unanimously approved the sale of the franchise for a record $450 million. Joseph Lacob, a Menlo Park ... (Source: Inside Bay Area 2010-11-13T03:43:56Z)

Federal Reserve Rains Money On Corporate America -- But Main Street Left High And Dry

Bill Gross will be one of the few to benefit from the Federal Reserve's announcement this afternoon. The legendary money manager, who oversees more than $1.2 trillion at Pacific Investment Management Co., stands to profit off the plan hatched by the nation ... (Source: Huffingtonpost.com 2010-11-02T23:59:35Z)

Prudential Sells Stock to Raise $1 Billion

Prudential Financial sold stock at $54.50 a share, below Thursday's closing price, to raise about $1 billion to help pay for two units it is buying from the American International Group . Prudential sold more than 18.3 million shares, according to ... (Source: New York Times 2010-11-13T00:09:12Z)

MetLife Suspends LTCI Unit Sale

MetLife has decided to stop the sale of its Long-Term Care Insurance (LTCI) business. The U.S. insurer will, however, continue to allow new applications for individual LTCI policies received on or before December 30, 2010. (Source: Emii.com 2010-11-12T06:29:46Z)

Browns QBs Seneca Wallace, Jake Delhomme inactive

C LEVELAND — Browns quarterbacks Seneca Wallace and Jake Delhomme are inactive for Sunday's game against New England. Rookie quarterback Colt McCoy is making his third straight start for Cleveland as both Wallace and Delhomme recover from high ankle ... (Source: Boston Herald 2010-11-07T17:27:06Z)

Principal fired over affair with subordinate

HARLEM (WABC) -- A well known and well liked high school principal from Harlem has been fired after a scandalous love affair. Crystal Simmons was the founding principal of the Academy of Social Action, but was abruptly removed this week after authorities ... (Source: KABC 2010-11-13T03:08:09Z)

Prudential Sells Stock at $54.50 a Share for AIG Deal

(Updates with early trading in the second paragraph, underwriters' option in sixth.) Nov. 12 (Bloomberg) -- Prudential Financial Inc., the second-biggest U.S. life insurer, sold stock at $54.50 a share, below yesterday's closing price, to raise about $ ... (Source: BusinessWeek 2010-11-12T14:00:44Z)

NBA approves sale of Warriors to Lacob, Guber

(11-13) 04:00 PST Chicago - -- It took longer for 29 NBA owners to vote "yes" in an e-mail than it took for Joe Lacob and Peter Guber to flesh out the details of a $450 million deal to buy the Golden State Warriors from Chris Cohan, but Friday's end result ... (Source: San Francisco Gate 2010-11-13T08:01:38Z)

MetLife Ends Sale of Long Term Care Insurance as Costs Increase

MetLife announced it's discontinuing the sale of new long term care insurance coverage (LTCI) on Thursday.  The decision comes after an extensive review of the business but will have no impact on existing insureds' coverage as long as premiums are ... (Source: Reverse Mortgage Daily 2010-11-12T14:15:03Z)

Daily Beast says it has reached agreement to join with Newsweek

NEW YORK - The Daily Beast says it has reached a deal to join with Newsweek. In a posting on its website Thursday, The Daily Beast's editor-in-chief Tina Brown says the two outlets will partner to create The Newsweek Daily Beast Company. Brown says she ... (Source: Minneapolis Star Tribune 2010-11-12T12:27:41Z)

Consumer sentiment climbs to five-month high

Consumer confidence increased in November for the first time in three months, a signal gains in employment and wages are starting to lift Americans' spirits. The Thomson Reuters/University of Michigan preliminary sentiment index rose to 69.3, in line with ... (Source: Detroit News 2010-11-13T05:59:57Z)

Maliki Named Iraq Premier as Walkout Threatens Coalition Deal

Nov. 12 (Bloomberg) -- Shiite Muslim Prime Minister Nuri al-Maliki was endorsed to lead the next Iraqi government after his rivals walked out of parliament in a sign that a coalition agreement ending eight months of deadlock may not hold. Former premier ... (Source: BusinessWeek 2010-11-12T17:21:10Z)

'Girls Gone Wild' Distributor Charged in Hit-and-Run Death

The head of the "Girls Gone Wild" DVD distributor in Australia was charged with vehicular manslaughter in a fatal hit-and-run crash in West Hollywood, Calif., the Associated Press reported Friday. Ryan Bowman, 43, was allegedly driving his Bentley early ... (Source: Daily Finance 2010-11-12T23:54:53Z)

Sunnis' hand is weak in Iraq

BAGHDAD - The Sunnis' muddled response to a power-sharing deal reflects their weak hand in Shiite-dominated Iraq. The Shiites would like the Sunnis' support, but they do not need it. The Sunnis' dilemma: Accept a secondary role in a government led by ... (Source: Philadelphia Daily News 2010-11-13T08:01:38Z)

Retailers push Thanksgiving sales, online deals

NEW YORK — From free shipping from Walmart to Sears stores open on Thanksgiving for the first time, the battle for holiday shoppers' dollars has begun in earnest. The early competition to break through shoppers' caution about spending promises ... (Source: Standard-Times 2010-11-12T00:31:51Z)

NBA approves sale of Golden State Warriors to Lacob group

OAKLAND (AP) — The NBA's board of governors unanimously approved the sale of the Golden State Warriors on Friday to a group led by Joe Lacob and movie producer Peter Guber . The long-expected announcement allows the Warriors' new owners to assume formal ... (Source: USA Today 2010-11-13T05:09:50Z)

Pro's Pro: Browns quarterback Jake Delhomme promises not to "rock boat" when healthy

BEREA, Ohio (AP) — Jake Delhomme 's first season in Cleveland, the one for redemption, hasn't gone close to planned. Not for the quarterback — or the Browns. This was supposed to be Delhomme's comeback. It barely got started. Suffering a nasty high ... (Source: Chicago Tribune 2010-11-11T22:44:29Z)

Retailers' holiday pitch: Let's make a deal

NEW YORK - From free shipping at Wal-Mart to Sears stores open on Thanksgiving for the first time, the battle for holiday shoppers' dollars has begun. The early competition to break through shoppers' caution about spending promises savings for those ... (Source: Philadelphia Daily News 2010-11-13T08:01:38Z)

Principal sacked from Harlem school after confessing lesbian affair with her assistant

A principal in New York has been removed from her position after she revealed to her school board that she had been conducting a secret affair with her deputy principal. A report into the incident revealed that the principal only brought up the liaison ... (Source: Daily Mail 2010-11-13T08:15:57Z)

'Newsweek,' Daily Beast Join With Tina Brown At Helm

The Daily Beast online news site says it has reached a deal to merge with Newsweek magazine. In a posting on its website Thursday, The Daily Beast's editor-in-chief, Tina Brown, says the two outlets will partner to create The Newsweek Daily Beast Co. Brown ... (Source: NPR News 2010-11-12T18:04:07Z)

Harlem School Officials Face Firing Over Fling

NYPOST.COM/NEWSCORE - A New York City high school principal and assistant principal could be fired for carrying on a lesbian fling while on the job, officials said Friday. The romance between Academy for Social Action principal Crystal Simmons and ... (Source: myfoxny.com 2010-11-13T03:15:18Z)

Cleveland Browns A.M. Links: Jake Delhomme taking his time; Marcus Benard is doing better ...

John Kuntz, The Plain Dealer From left, Browns quarterback Seneca Wallace (6), quarterback coach Carl Smith and QBs Jake Delhomme (17) and Colt McCoy (12) during training camp.Jake Delhomme is finally back on the field, but he is still far... (Source: NFL 2010-11-12T21:17:24Z)

Iraq's leadership deal already looks shaky

BAGHDAD President Barack Obama praised Iraqi moves to form an "inclusive" government on Friday, but the 2-day-old deal was already looking fragile after Sunni lawmakers walked out of parliament, clouding the possibilities for working with Shiite Prime ... (Source: CharlotteObserver.com 2010-11-13T04:05:25Z)

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