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, 8:43 pm

Factbox: GM Raises IPO Price, Offers More Shares

NEW YORK (Reuters) - General Motors Co raised the price range for its initial public offering of common stock and added $1 billion to a preferred stock offering on Tuesday, according to regulatory filings. GM also is expected to file a another amendment ... (Source: ABC News 2010-11-17T03:10:34Z)

UPDATE 1-Deals of the day--mergers and acquisitions

Nov 16 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Tuesday. (For Reuters columns on deals, click on [DEALTALK/]) ** Hyundai Group offered $4.8 billion for a ... (Source: Reuters 2010-11-16T09:59:46Z)

Apple's iTunes to carry Beatles

After years of talks, the tech giant's online music store will finally sell Beatles songs, after Apple (NMS:AAPL) reached an agreement with record company EMI and the Beatles' management company Apple Corps. The deal is exclusive into 2011, but terms weren ... (Source: Yahoo Finance 2010-11-16T23:35:49Z)

UPDATE 2-BHP not giving up on large deals; has no regrets

PERTH, Australia, Nov 16 (Reuters) - Global miner BHP Billiton ( BHP.AX ) has not given up on large acquisitions and does not regret spending $875 million pursuing three massive deals that failed over the past two years, its chairman said on Tuesday ... (Source: Reuters 2010-11-16T04:44:48Z)

Controversial Truck Dealer Offers Free AK-47 With Truck Purchase - Why?

A truck dealer offers a free AK-47 with the purchase of a truck in Sanford, Florida. The Nations auto dealership posted the flyer advertising the free controversial gun right beside a copy of the Bill of Rights. The manager Nick Ginetta said that he is not ... (Source: Gather.com 2010-11-17T04:22:09Z)

Farallon mining shares up 20 per cent; company target of friendly takeover

VANCOUVER - Shares in Farallon Mining Ltd. were up 20 per cent on the Toronto Stock Exchange on Tuesday after the company announced it was being bought in a friendly takeover deal worth about $380 million. At late afternoon, Farallon (TSX:FAN) stock was ... (Source: Brandon Sun 2010-11-16T19:10:58Z)

Phillies re-sign Jose Contreras to 2-year deal

PHILADELPHIA—The Philadelphia Phillies have re-signed right-hander Jose Contreras, agreeing Monday to a $5.5 million, two-year contract that includes a club option for 2013. Contreras gets $2.5 million in each of the next two seasons, and the Phillies ... (Source: San Jose Mercury News 2010-11-15T23:58:29Z)

Roundup: Buck, Marlins reportedly close to deal

ORLANDO, Fla. (AP) -- A person familiar with the negotiations tells The Associated Press that All-Star catcher John Buck and the Florida Marlins are close to agreement on an $18 million, three-year contract. The person spoke Tuesday on condition of ... (Source: CNN Sports Illustrated 2010-11-17T02:06:08Z)

Nyrstar To Acquire Farallon Mining In C$400 Million Deal

CALGARY -(Dow Jones)- Belgian zinc and lead mining company Nyrstar NV (NYR.BT) will acquire Vancouver-based Farallon Mining Ltd. (FRLIF, FAN.T) for C$400 million, the companies said Monday. Nyrstar agreed to pay 80 Canadian cents a share in cash for ... (Source: FOXBusiness 2010-11-15T22:32:35Z)

Apple brings Beatles to iTunes: 'It has been a long and winding road,' Jobs says

After years of singing out of tune, Apple and the Beatles announced today that they were able to work it out and the Fab Four's legendary pop tunes are now appearing on iTunes, the world's largest music retailer. As part of the digital deal, which is ... (Source: San Jose Mercury News 2010-11-17T00:47:24Z)

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)

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

PERTH, Australia (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 years, its ... (Source: Yahoo Finance 2010-11-16T20:15:23Z)

Source: Buck and Marlins near $18M, 3-year deal

ORLANDO, Fla. (AP) -- A person familiar with the negotiations tells The Associated Press that All-Star catcher John Buck and the Florida Marlins are close to agreement on an $18 million, three-year contract. The person spoke Tuesday on condition of ... (Source: CNN Sports Illustrated 2010-11-16T23:35:49Z)

Dodgers give Kuroda one-year, $12 million deal

MLB: Right-hander, who had thought about returning to Japan, gets $12M pact to stay with Dodgers. The Dodgers re-signed free agent pitcher Hiroki Kuroda to a one-year deal worth $12 million. The deal was announced Monday after he took a physical in Los ... (Source: Los Angeles Daily News 2010-11-16T07:50:55Z)

FACTBOX-GM raises IPO price, offers more pref shares

Nov 16 (Reuters) - General Motors Co [GM.UL] raised the price range for its initial public offering of common stock and added $1 billion to a preferred stock offering, pushing the overall deal to potentially $18.45 billion. [ID:nN16125293] GM raised the ... (Source: Reuters 2010-11-16T21:19:48Z)

Ahead of the Bell: BHP drops bid for Potash Corp.

DETROIT -- BHP Billiton said it will reactivate a share buyback program now that it has withdrawn a hostile takeover bid for Potash Corp. of Saskatchewan . The Canadian government in Ottawa announced earlier this month that it would block the takeover bid ... (Source: Forbes 2010-11-15T14:32:58Z)

BHP does not regret money invested in scrapped deals

PERTH (Reuters) - Global miner BHP Billiton ( BHP.AX ) does not regret spending $875 million pursuing three massive deals that failed over the past two years, as the transactions could have had huge returns, its top officials said on Tuesday. BHP ( BLT.L ... (Source: Reuters 2010-11-16T03:33:13Z)

Beatles Music, Finally, Comes to Apple's iTunes

Beatles fans , your wait is over. After years of holding out, the legendary rock band finally struck a deal with Apple to bring the Beatles' music to iTunes . In an announcement today that covered the entire front page of Apple's website , the company said ... (Source: ABC News 2010-11-17T00:54:33Z)

Toys R Us gives peek at 'Black Friday' discounts

Parents, start your engines. Toys R Us has unveiled over 100 discounted and exclusive toys it will offer beginning Thanksgiving Day, including a Justin Bieber doll, Lego sets and a "Toy Story 3" Buzz Lightyear figure. For the first time, the deals are ... (Source: AP - msnbc.com 2010-11-17T03:32:02Z)

Phils' Halladay unanimously wins NL Cy Young Award

NEW YORK -- Roy Halladay of the Philadelphia Phillies has unanimously won the NL Cy Young Award, making him the fifth pitcher to earn the honor in both leagues. Halladay pitched a perfect game in May and then threw a no-hitter in the playoffs. In his first ... (Source: Raleigh News & Observer 2010-11-16T19:03:48Z)

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: ABC News 2010-11-15T00:21:08Z)

Potash Corp. Plans to Buy Back $2 Billion of Stock

Nov. 16 (Bloomberg) -- Potash Corp. of Saskatchewan Inc., the world's largest fertilizer company, approved plans to buy back as much as $2 billion of stock after BHP Billiton Ltd. withdrew its hostile takeover offer. Potash may purchase 14.57 million ... (Source: BusinessWeek 2010-11-17T00:33:05Z)

Wal-Mart expands Black Friday hours, unveils deals

NEW YORK (AP) — Wal-Mart plans to open most of its stores at midnight the night of Thanksgiving , the company announced Monday, becoming the latest in a series of retailers to expand hours to lure shoppers who want to get a head-start hunting for holiday ... (Source: Fort Lauderdale Sun-Sentinel 2010-11-15T21:35:19Z)

Kuroda returns to Dodgers

The Dodgers re-signed free agent pitcher Hiroki Kuroda to a one-year deal worth $12 million. The deal was announced Monday after he took a physical in Los Angeles. Kuroda had been considering a return to his native Japan, where he once starred for the ... (Source: Daily Breeze 2010-11-16T08:26:43Z)

Upsized GM IPO could be biggest deal ever

By Clare Baldwin and Soyoung Kim NEW YORK (Reuters) - General Motors Co <GM.UL> is boosting the size of its common stock offering by more than 30 percent to $15.5 billion, two people familiar with the matter said, potentially making its landmark IPO the ... (Source: msnbc.com 2010-11-17T00:47:24Z)

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)

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)

Dodgers re-sign pitcher Hiroki Kuroda to 1-year deal worth $12 million

LOS ANGELES (AP) — The Los Angeles Dodgers re-signed free agent pitcher Hiroki Kuroda to a one-year deal worth $12 million. The deal was announced Monday after he took a physical in Los Angeles . Kuroda had been considering a return to his native Japan ... (Source: Chicago Tribune 2010-11-16T04:16:10Z)

Phillies re-sign Jose Contreras to $5.5 million, 2-year deal

PHILADELPHIA (AP) — The Philadelphia Phillies have re-signed right-hander Jose Contreras to a $5.5 million, two-year contract with a club option for 2013. The deal was announced Monday. The 38-year-old Contreras was a key member in the bullpen for the ... (Source: Chicago Tribune 2010-11-15T22:03:57Z)

Buck and Marlins near $18M, 3-year deal (AP)

A person familiar with the negotiations tells The Associated Press that All-Star catcher John Buck and the Florida Marlins are close to agreement on an $18 million, three-year contract. The person spoke Tuesday on condition of anonymity because the deal ... (Source: Bayou Buzz 2010-11-16T23:50:08Z)

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