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 15, 2010, 2:41 pm

Fitch affirms BHP Billiton ratings as deal nixed

Fitch Ratings said Monday it affirmed BHP Billiton's 'A+' rating and said the company is no longer on watch for possible downgrade, a day after the Anglo-Australian miner withdrew its hostile takeover bid for fertilizer producer Potash Corp. of ... (Source: AP - msnbc.com 2010-11-15T16:34:40Z)

Newsweek Weds Daily Beast? Good Luck With That

Putting together The Daily Beast and Newsweek makes little financial sense, includes not much in the way of editorial synergies — is it The News Beast or The Daily Week? — and marries two properties that have almost nothing in common other than the ... (Source: New York Times 2010-11-15T02:58:37Z)

UConn stays atop women's poll for 45th straight week; showdown with No. 2 Baylor on Tuesday

Connecticut extended its unprecedented run atop the women's basketball poll to a 45th straight week. To keep that streak going another week, the Huskies will have to overcome a big test when Brittney Griner and No. 2 Baylor come to Hartford on Tuesday ... (Source: Cleveland News - Fox 8 2010-11-15T19:12:09Z)

Cox: DMC, Vanguard deal could save a struggling institution

The sale of the Detroit Medical Center to a for-profit Nashville firm is fair, protects community commitments and saves an institution with an uncertain future, Michigan's Attorney General has concluded. In an exhaustive report released today, Mike Cox ... (Source: Detroit Free Press 2010-11-13T19:28:50Z)

Giants grow thinner at wideout; Barden likely out for year

EAST RUTHERFORD, N.J. -- The New York Giants' receiving corps has gotten a lot thinner the past week. Second-year receiver Ramses Barden broke his left ankle and also tore a ligament in the ankle in the 33-20 loss to the Dallas Cowboys on Sunday, coach Tom ... (Source: CBS Sports 2010-11-15T22:03:57Z)

Michigan attorney general OKs DMC-Vanguard deal

DETROIT (AP) — Michigan Attorney General Mike Cox has conditionally approved the proposed sale of the nonprofit Detroit Medical Center to for-profit Vanguard Health Systems Inc. Cox said in a release Saturday the sale to Nashville, Tenn.-based Vanguard ... (Source: Syracuse Post-Standard 2010-11-14T20:46:23Z)

Barden may miss rest of year with ankle injuries

New York Giants wide receiver Ramses Barden may miss the remainder of the regular season with an injured ankle. The Star-Ledger quoted Giants head coach Tom Coughlin on Monday as saying Barden has suffered a significant ligament injury as well as a ... (Source: WOAI 2010-11-15T21:28:09Z)

Wal-Mart to open most stores at midnight on Black Friday, plans $298 laptop, $198 TV deal

NEW YORK - Wal-Mart plans to open most of its stores at midnight on Thanksgiving night, the company said Monday, becoming the latest in a series of retailers to expand hours to lure in shoppers who want to get a head-start on holiday bargain shopping. The ... (Source: Minneapolis Star Tribune 2010-11-15T14:47:17Z)

S. Korea, Peru initiate FTA

SEOUL, Nov. 15 (Xinhua) -- South Korea and Peru on Monday initiated a bilateral free trade agreement (FTA) as both nations are seeking further economic cooperation in the future, according to Seoul's presidential office Cheong Wa Dae. President Lee Myung ... (Source: Xinhua News Agency 2010-11-15T13:28:33Z)

No. 2 Baylor ready to challenge No.1 UConn

STORRS, Conn. (AP)—Both Connecticut coach Geno Auriemma and Baylor's Kim Mulkey head into Tuesday's showdown between the nation's top two women's teams insisting that a loss would not be that big of a deal. No. 2 Baylor has a chance to snap the t ... (Source: Collegebaseball.rivals.com 2010-11-15T20:02:15Z)

BHP Billiton withdraws bid for Potash Corp.

BHP Billiton on Sunday withdrew its hostile takeover bid for Potash Corp. of Saskatchewan, saying it cannot convince Canada's federal government to approve the deal. Ottawa announced earlier this month that it would block the deal because it wasn't a net ... (Source: AP - msnbc.com 2010-11-15T00:42:37Z)

UPDATE 1-Dynegy says proxy group favors deal, loss shrinks

NEW YORK Nov 8 (Reuters) - Power company Dynegy Inc( DYN.N ), which has agreed to be bought by Blackstone Group LP ( BX.N ), said proxy advisory firm ISS recommended shareholders vote for the takeover, despite objections by two of the company's largest ... (Source: Reuters 2010-11-08T13:36:51Z)

West Bank settlement freeze not a done deal, source says

Jerusalem (CNN) -- As optimism flowed from U.S. leaders over the prospect of a settlement freeze in the West Bank, an Israeli government source on Monday tapped the brakes, saying that an agreement over such a freeze still had not been reached. On Sunday ... (Source: CNN 2010-11-15T19:47:56Z)

No. 1 Connecticut not focusing on streak in showdown against No. 2 Baylor

STORRS, Conn. — Both Connecticut coach Geno Auriemma and Baylor's Kim Mulkey head into Tuesday's showdown between the nation's top two women's teams insisting that a loss would not be that big of a deal. No. 2 Baylor has a chance to snap the top-ranked ... (Source: Republic 2010-11-15T19:40:47Z)

US deal would allow Israel some West Bank building

JERUSALEM—Israel would be allowed to finish hundreds of apartments already under construction in West Bank settlements even if it agrees to a U.S.-drafted deal to renew a freeze on new construction, a diplomat familiar with the details said Monday. The U ... (Source: Denver Post 2010-11-15T12:45:36Z)

Source: $78M Deal For Donovan McNabb; Coach: Brett Favre Doesn't Need MRI; Ramses ...

The Washington Redskins and quarterback Donovan McNabb have agreed to a five-year, $78 million extension that could be worth up to $88 million with incentives, according to ESPN NFL Insider Michael Smith. The source said $40 million of the deal will be ... (Source: ESPN.com 2010-11-15T20:59:31Z)

Anglo American to sell steel operations to Australian OneSteel

British miner Anglo American (LON:AAL) said it has agreed to sell its Chilean grinding media unit Moly-Cop and its Canadian steel mini-mill AltaSteel to Australian OneSteel (ASX:OST) for USD932m (EUR683.7m) as part of its previously announced divestment ... (Source: TradingMarkets.com 2010-11-15T11:19:42Z)

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 Company ... (Source: NPR News 2010-11-12T16:02:26Z)

UPDATE 2-Icahn to vote 'no' on Dynegy deal, offers loan

NEW YORK/BANGALORE, Nov 12 (Reuters) - Billionaire investor Carl Icahn said he would vote against Blackstone Group's ( BX.N ) proposal to buy Dynegy Inc ( DYN.N ) and would offer a $2 billion line of credit to the struggling power company. "The Icahn ... (Source: Reuters 2010-11-12T14:07:54Z)

Anglo American announces sale of Moly-Cop and AltaSteel to OneSteel for $932 million

Anglo American plc ("Anglo American") announces that it has agreed to sell Moly-Cop and AltaSteel (the "Business") to OneSteel Limited ("OneSteel) for a total consideration of $932 million on a debt and cash free basis. The Business consists of ... (Source: WebWire 2010-11-15T15:30:14Z)

Diplomat: US deal to allow some West Bank building

JERUSALEM -- A diplomat says Israel will be allowed to complete construction of hundreds of homes in West Bank settlements under a new U.S.-proposed settlement moratorium. The U.S. is pressing Israel to renew a settlement slowdown that expired in September ... (Source: Miami Herald 2010-11-15T11:12:32Z)

Analysts React to Canada's Thumbs Down on BHP-Potash Deal

Wednesday, the government of Prime Minister Stephen Harper rejected the bid by Anglo-Australian miner BHP-Billiton to acquire Potash Corp. of Saskatchewan. Our northern neighbor said the $39 billion deal didn't meet the key test of being a "net benefit ... (Source: Wall Street Journal 2010-11-04T13:20:07Z)

SKorea, Peru provisionally sign free trade deal

South Korea took another step forward in its ambitious free trade strategy Monday, agreeing the text of a pact with Peru as a much bigger accord with the United States remains snagged amid haggling over autos and beef. Negotiations for the South Korea-Peru ... (Source: AP - msnbc.com 2010-11-15T10:36:45Z)

S.Korea, Peru sign FTA

SEOUL - SOUTH KOREA on Monday signed a free trade agreement with Peru, the latest in a series of such deals by Seoul as its trade pact with Washington remains stalled. The deal was initialled by the two countries' trade ministers in the presence of ... (Source: Straits Times 2010-11-15T03:55:53Z)

Wal-Mart expands Black Friday hours, unveils deals

Wal-Mart plans to open most of its stores well before dawn — in fact, at midnight — the day after Thanksgiving, the company announced Monday, becoming the latest in a series of retailers to expand hours to lure in shoppers who want to get a head-start ... (Source: AP - msnbc.com 2010-11-15T18:43:31Z)

Walmart expands Black Friday hours, deals

NEW YORK - Walmart plans to open most of its stores at midnight the day after Thanksgiving, the company said Monday, becoming the latest in a series of retailers to expand hours to lure in shoppers who want to get a head-start on holiday bargain shopping ... (Source: AZCentral.com 2010-11-15T20:23:44Z)

Vanguard/DMC deal approved with strings attached

Despite Michigan Attorney General Mike Cox giving Vanguard Health Systems the go-ahead to buy nonprofit Detroit Medical Center, approval for the $1.5 billion deal comes with strings attached, according to an 85-page report the attorney general's office ... (Source: FierceHealthcare 2010-11-15T17:46:15Z)

Anglo American sells steel units in Chile, Canada

Mining company Anglo American says it is selling two steel businesses in the Americas to OneSteel Ltd. of Australia for $932 million. Anglo American said Monday that the sale is part of a process of focusing on its core commodities businesses. OneSteel is ... (Source: AP - msnbc.com 2010-11-15T08:13:35Z)

Icahn may bid on Dynegy if Blackstone deal fails

NEW YORK (Reuters) - Billionaire investor Carl Icahn said he may bid for Dynegy Inc (DYN.N: Quote , Profile , Research , Stock Buzz ) if shareholders vote down the struggling power company's deal to be bought by private equity firm Blackstone Group (BX.N ... (Source: Yahoo Finance 2010-11-13T00:23:31Z)

UPDATE 1-Newsweek, Daily Beast agree merger

NEW YORK, Nov 11 (Reuters) - Website Daily Beast (www.thedailybeast.com) and magazine Newsweek have agreed a deal to combine, Daily Beast co-founder and editor Tina Brown said, just weeks after abandoning merger talks. The agreement will combine the two ... (Source: Reuters 2010-11-12T05:25:21Z)

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