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Deals of the Hour / November 15, 2010, 4:41 pm

Cox: Vanguard deal maintains DMC's community ties

Michigan Attorney General Mike Cox gave for-profit Vanguard Health Systems Inc. conditional approval Saturday to buy the nonprofit Detroit Medical Center. The attorney general's office released an 85-page report, in which Cox approved the $1.5 billion deal ... (Source: Detroit News 2010-11-15T06:33:22Z)

Discount retailer Loehmann's files for bankruptcy

DUBAI, United Arab Emirates - U.S. discount retailer Loehmann's is filing for Chapter 11 bankruptcy after its Dubai government-linked owner failed to reach a debt-extension deal with creditors. Loehmann's says the Chapter 11 filing Monday in the U.S ... (Source: Philadelphia Daily News 2010-11-15T21:42:28Z)

Discount Retailer Loehmann's Files for Bankruptcy Protection

Loehmann's Holdings Inc., filed for bankruptcy after failing to exchange $110 million of bonds, Bloomberg News reported. "The decline in economic conditions in several markets in which Loehmann's stores are concentrated, mainly California, the Northeast ... (Source: Daily Finance 2010-11-15T13:14:14Z)

Biz Break: Facebook's 'This is not e-mail' today vs. Apple's iTunes madness tomorrow (is it The ...

Today: Facebook introduced its new modern "This is not e-mail" message service, complete with "@facebook.com" e-mail addresses. Plus: Apple wants us to check in at 7 a.m. tomorrow for an iTunes announcement we'll "never forget." According to one report ... (Source: San Jose Mercury News 2010-11-15T22:54:03Z)

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 2010-11-15T21:35:19Z)

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)

Sector Snap: Machinery makers up on Bucyrus deal

NEW YORK -- Shares of heavy machinery makers jumped Monday after Caterpillar Inc. announced a $7.6 billion deal to purchase mining machinery maker Bucyrus International Inc. Bucyrus's stock jumped $20.17, or 29 percent, to $89.79 in afternoon trading ... (Source: Forbes 2010-11-15T19:26:28Z)

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)

Brett Favre says shoulder 'no big deal'

EDEN PRAIRIE, Minn. -- Minnesota Vikings coach Brad Childress says Brett Favre is "sore" but has no plans to get an MRI on his throwing shoulder and should be ready to play against Green Bay on Sunday. ESPN NFL analyst Mike Ditka says the Vikings are not ... (Source: ESPN.com 2010-11-15T21:42:28Z)

Black Friday 2010 Ads Alert 2010 Leak Site; Best Buy, Sears, Target, Kmart, & Walmart

Black Friday alert! Black Friday 2010 is coming, and everybody wants to be in on the deal. Best Buy, Walmart, Target, Kmart, Sears & Lowes all have 2010 Black Friday ads that have been leaked to the internet. This year Black Friday falls on Friday, Nov. 26 ... (Source: Post Chronicle 2010-11-15T23:15:32Z)

Facebook Messages Wish List: What Came True?

When Facebook announced a Monday event that was rumored to be the launch of "Facebook E-Mail," we put together a wish list of things the social-networking service should announce. Did we get what we wanted? Yes and no. Instead of introducing a robust Gmail ... (Source: PC Magazine 2010-11-15T22:03:57Z)

Walmart will start Black Friday deals at midnight; see leaked sales

GRAND RAPIDS -- If you were looking for somewhere to shop between a 10 p.m. opening at Toys "R" Us on Thanksgiving Day and Kohl's 3 a.m. opening on Black Friday, Walmart is offering midnight deals. The world's largest retailer plans to offer special deals ... (Source: MLive.com 2010-11-15T14:54:27Z)

Discount retailer Loehmann's files for bankruptcy

U.S. discount retailer Loehmann's is filing for bankruptcy after its Dubai government-linked owner failed to reach a debt-extension deal with creditors. Loehmann's says the filing Monday in the U.S. Bankruptcy Court for the Southern District of New York is ... (Source: AP - msnbc.com 2010-11-15T22:32:35Z)

Official: 2 Michigan kids drowned before scalding

ALLEN PARK, Mich.—Two Detroit-area toddlers drowned before their bodies were scalded with hot water, a medical examiner testified Monday at a hearing to determine if their father will face trial on murder charges. Dr. Carl Schmidt said it's possible the ... (Source: San Jose Mercury News 2010-11-15T18:29:12Z)

U.S. Stock-Index Futures Rise; Bucyrus, Colgate Shares Advance

Nov. 15 (Bloomberg) -- U.S. stock futures rose, rebounding after the biggest weekly drop in three months for the benchmark Standard & Poor's 500 Index, as investors awaited reports that may show the economy is improving. Bucyrus International Inc., the ... (Source: BusinessWeek 2010-11-15T13:14:14Z)

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)

Black Friday 2010 Sales: Wal-Mart, Sears, K-Mart and Target Deals

Black Friday 2010 waits for no one, Wal-Mart, Target, Sears and K-Mart and other retailers are presenting slashed prices on electronic items and more Christmas wish list gifts early and often. Some ads have leaked. The Examiner has these HDTV Deals from ... (Source: National Ledger 2010-11-15T13:57:11Z)

Trial Ordered For Dad Charged With Murder

ALLEN PARK, Mich. -- A judge has ordered a Detroit-area man to stand trial on first-degree murder charges in the drowning of his two toddlers who died in an apartment in October. Wayne County's chief medical examiner, Dr. Carl Schmidt, testified Monday ... (Source: ClickOnDetroit.com 2010-11-15T19:19:18Z)

Brett Favre injury update: Vikings coach says no MRI planned

EDEN PRAIRIE, Minn. (AP) -- Minnesota Vikings coach Brad Childress says Brett Favre is "sore" but has no plans to get an MRI on his throwing shoulder and should be ready to play against Green Bay on Sunday. ESPN reported on Monday that Favre expected to ... (Source: CNN Sports Illustrated 2010-11-16T00:12:48Z)

Medical Examiner: Detroit-area toddlers drowned before scalding; dad charged with murder

ALLEN PARK, Mich. - A medical examiner says two Detroit-area toddlers probably drowned before their bodies were scalded with hot water. Dr. Carl Schmidt says the deaths of 13-month-old Johnathan Sanderlin and 15-month-old Ella Stafford were not an accident ... (Source: Minneapolis Star Tribune 2010-11-15T18:29:12Z)

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)

UPDATE 8-Caterpillar buying Bucyrus in big bet on mining

DETROIT/PROVIDENCE, R.I., Nov 15 (Reuters) - Caterpillar Inc (CAT.N: Quote , Profile , Research , Stock Buzz ) sealed its position as the world's No. 1 maker of mining equipment on Monday with its purchase of Bucyrus International Inc (BUCY.O: Quote ... (Source: Yahoo Finance 2010-11-16T00:19:57Z)

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)

Strong retail sales, Caterpillar deal drive up Dow

NEW YORK — Stocks closed mixed Monday despite a spike in corporate dealmaking and news that retail sales jumped to the highest level in seven months in October. Consumer spending rose 1.2% last month thanks to higher demand for automobiles, the Commerce ... (Source: USA Today 2010-11-15T21:28:09Z)

CORRECTED - UPDATE 7-Caterpillar buying Bucyrus in big bet on mining

DETROIT/PROVIDENCE, R.I., Nov 15 (Reuters) - Caterpillar Inc (CAT.N: Quote , Profile , Research , Stock Buzz ) staked a larger claim in the booming global mining industry with a $7.6 billion deal to buy Bucyrus International Inc (BUCY.O: Quote , Profile ... (Source: Yahoo Finance 2010-11-16T00:12:48Z)

Christmas deals start early

MINNEAPOLIS -- The snow may have just started falling, but already, the Christmas shopping season is in full swing. Experts say retailers are rolling out the deals early this year to meet customer demand for bargains and a good shopping environment. "I ... (Source: msnbc.com 2010-11-15T00:42:37Z)

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)

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)

How the Dow Jones industrial average and other stock indexes fared in Monday's trading

Stocks slumped to a mixed finish Monday as the dollar posted its second day of gains over concerns that Europe is on the edge of another bailout. Investors believe that Ireland may seek help from its fellow members in the European Union as its economy ... (Source: Minneapolis Star Tribune 2010-11-15T21:42:28Z)

Biz Break: Facebook's 'This is not e-mail' today vs. Apple's iTunes madness tomorrow

Today: Facebook introduced its new modern "This is not e-mail" message service, complete with " @facebook.com " e-mail addresses. Plus: Apple wants us to check in at 7 a.m. tomorrow for an iTunes announcement we'll "never forget." Facebook's 'This is not e ... (Source: Inside Bay Area 2010-11-15T21:06:41Z)

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