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 16, 2010, 2:42 pm

"No pain, no gain," BHP says after failed deals

Global miner BHP Billiton is still interested in big acquisitions and does not regret spending $875 million pursuing three major deals that collapsed in the past two years, its chairman said on Tuesday. "For me, the juice is worth the squeeze on every one ... (Source: msnbc.com 2010-11-16T08:41:02Z)

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)

Tomato Growers, Farm Workers Reach Deal

IMMOAKALEE, Fla.—The growers who produce the bulk of the country's winter tomatoes have reached a major deal with farm workers on better pay and conditions, ending more than a decade-long battle. The new deal activates agreements with food chains such as ... (Source: Wall Street Journal 2010-11-16T19:39:36Z)

Dealer offers free AK-47 for truck buyers

A Florida car dealership trying to drum up business is offering an unusual perk for potential used-truck buyers: A free AK-47 assault rifle. General sales manager Nick Ginetta says that since the promotion was announced on Veterans Day, business has more ... (Source: AP - msnbc.com 2010-11-15T21:21:00Z)

RPT-NEWSMAKER-BHP's Kloppers: no regrets for a cautious predator

PERTH, Nov 16 (Reuters) - Nothing rattles Marius Kloppers, the head of global miner BHP Billiton (BHP.AX: Quote , Profile , Research , Stock Buzz ). Despite spending $875 million on three dream deals that turned to dust, the South African was brave enough ... (Source: Yahoo Finance 2010-11-16T22:02:45Z)

Florida truck dealer gives away free AK-47 assault rifle with every purchase in honor of veterans

Car salesmen are known for trying anything to make a sale, but one Florida dealership's special offer has a shot at being the country's most outlandish. At Nations Trucks in Sanford , Fl., the deal is simple: "Buy a truck, get a free AK-47 ." "We wanted to ... (Source: New York Daily News 2010-11-16T17:09:16Z)

Wall Street advances on deals, upbeat data

Stocks rose Monday following 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 percent last month thanks to higher demand for automobiles, the Commerce Department ... (Source: AP - msnbc.com 2010-11-15T20:16:34Z)

Yahoo Partners With Groupon On Local Deals

Daily deal shopping website Groupon has reached a distribution partnership with Yahoo to bring local deals to users. "Yahoo is delivering technology at scale that connects people to the things that matter most to them with fresh and engaging experiences ... (Source: WebProNews 2010-11-16T19:46:45Z)

UPDATE 3-"No pain, no gain", BHP says after failed deals

PERTH, Australia, Nov 16 (Reuters) - Global miner BHP Billiton (BHP.AX: Quote , Profile , Research , Stock Buzz ) is still interested in big acquisitions and does not regret spending $875 million pursuing three major deals that collapsed in the past two ... (Source: Yahoo Finance 2010-11-16T08:48:11Z)

Stock Market Stocks finish mixed as dollar gains strength

NEW YORK (AP) 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 ... (Source: Star-Democrat 2010-11-16T13:13:03Z)

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 2010-11-15T14:47:17Z)

Caterpillar To Buy Mining-Equipment Company Bucyrus For $7.6 Billion

Caterpillar Inc. ( CAT ) said it will buy mining giant Bucyrus International Inc. ( BUCY ) for about $7.6 billion as the heavy-equipment giant looks to bolster its mining-equipment production. The deal comes as Caterpillar's fortunes have improved mightily ... (Source: FOXBusiness 2010-11-15T13:42:52Z)

Fla. tomato growers, farmworkers in landmark deal

IMMOKALEE, Fla. -- Growers of the bulk of all U.S. winter tomatoes struck a major deal Tuesday with a Florida farmworkers' group to boost their wages and working conditions, clearing the way for food giants such as McDonald's , Burger King and upscale ... (Source: Forbes 2010-11-16T21:12:39Z)

Yahoo does deal with Groupon site

Yahoo in the US is hopping on the bargain-hunting bandwagon with Groupon, the internet's hottest discount broker, and more than a dozen other similar services. The partnerships are the latest in a series of alliances Yahoo has forged in the past 18 months ... (Source: MSN UK News 2010-11-16T22:02:45Z)

Brad Childress says Brett Favre 'sore' but no MRI

E DEN 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 reported on Monday that Favre expected to have ... (Source: Boston Herald 2010-11-16T08:26:43Z)

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)

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)

Mayer Brown Reps Caterpillar In $8.6B Bucyrus Deal

Law360, New York (November 15, 2010) -- Caterpillar Inc. said Monday it has agreed to buy Bucyrus International Inc. in a deal valued at $8.6 billion, as the world's largest manufacturer of construction and mining equipment seeks to expand its reach in the ... (Source: site.law360.com 2010-11-15T21:06:41Z)

Steelers cut kicker Jeff Reed, sign Shaun Suisham

PITTSBURGH (AP) — For eight years, the Pittsburgh tolerated Jeff Reed 's  (FSY) off-field incidents and had no issues with his platinum-dyed hair and quirkiness. What they couldn't forgive were his misses. Reed, who began the season as one of the 10 ... (Source: USA Today 2010-11-16T20:08:14Z)

Caterpillar digs deep in $7.6B deal for Bucyrus

Caterpillar, the world's largest construction and mining equipment maker, moved aggressively to capitalize on demand in emerging markets Monday with a $7.6 billion buyout of Bucyrus International. Bucyrus makes surface mining equipment used for coal ... (Source: AP - msnbc.com 2010-11-15T23:08:22Z)

AMP Resumes Talks Over AXA Asia Pacific Bid

The Australian wealth manager AMP has resumed $10 billion-plus talks to buy AXA Asia Pacific , the target company confirmed on Friday, although a source said both sides were a long way from agreeing on a deal, Reuters reported. Analysts remain skeptical ... (Source: New York Times Blogs 2010-11-05T19:02:32Z)

Yahoo teams with Groupon, others to dangle deals

Yahoo Inc. is hopping on the bargain-hunting bandwagon with Groupon, the Internet's hottest discount broker, and more than a dozen other similar services. The partnerships announced Tuesday are the latest in a series of alliances that Yahoo Inc. has forged ... (Source: AP - msnbc.com 2010-11-16T20:15:23Z)

Steelers give kicker Jeff Reed the boot, sign Shaun Suisham

P ITTSBURGH — For eight years, the Pittsburgh tolerated Jeff Reed's off-field incidents and had no issues with his platinum-dyed hair and quirkiness. What they couldn't forgive were his misses. Reed, who began the season as one of the 10 most ... (Source: Boston Herald 2010-11-16T21:55:36Z)

AXA Asia Pacific gets new AMP bid

SYDNEY (MarketWatch) -- AXA Asia Pacific Holdings Ltd. (AXA.AU) said Monday it has received another takeover proposal from French parent AXA SA (PINK:AXAHY) and Australian wealth manager AMP Ltd. (AMP.AU). A deal with the AXA APH board would be a coup for ... (Source: Marketwatch 2010-11-15T01:04:05Z)

Florida tomato growers and farmworkers in major deal on wages, conditions

Growers of most U.S. winter tomatoes struck a major deal Tuesday with a Florida farmworkers group to boost wages and working conditions, clearing the way for food giants such as McDonald's , Burger King and upscale grocer Whole Foods to pass along more ... (Source: Los Angeles Times 2010-11-16T22:09:55Z)

Vikings' Brad Childress: Brett Favre's shoulder injury not significant

Although Brett Favre was sore after Sunday's game, Minnesota Vikings coach Brad Childress said today that he didn't believe the quarterback was dealing with a significant shoulder injury. Favre reportedly told ESPN's Ed Werder that he would contact Dr ... (Source: FOXSports.com 2010-11-16T13:20:12Z)

Truck dealer offers AK-47 voucher w/ purchase

SANFORD, Fla. (KABC) -- A Florida truck dealer is offering a new incentive to boost sales. It's not zero percent financing--it's an AK-47. Buyers get a voucher for an AK-47 assault rifle if they buy a truck from Nick Ginetta. Not everyone likes the idea ... (Source: KABC 2010-11-16T03:54:42Z)

Why Pats, Jets are cream of crop in AFC

Which is the best team in the AFC? ESPN analyst Trent Dilfer has only two candidates: the New York Jets and New England Patriots. He doesn't choose between the two, instead making the case for why they are the only truly elite teams in the conference ... (Source: ESPN.com 2010-11-16T21:05:29Z)

'Fifth pillar' shapes up as AMP swoops on AXA AP

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts ... (Source: TradingMarkets.com 2010-11-16T18:35:10Z)

Walmart expands Black Friday hours

NEW YORK (AP) — Walmart plans to open most of its stores well before dawn — 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 ... (Source: Omaha World-Herald 2010-11-16T13:48:50Z)

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