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 17, 2010, 4:42 pm

Northern Foods, Greencore Merging to Form New Chilled Foods Company

UK's Northern Foods and Ireland's Greencore said Wednesday they are merging to form a new company called Essenta Foods. Under the terms of the deal, Northern shareholders will receive about 0.448 Greencore shares for every one of their shares ... (Source: FOXBusiness 2010-11-17T18:33:59Z)

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)

WSJ: Novartis Plans To Cut Costs, Details Strategy On Growth

Novartis accelerated a series of cost-cutting measures and laid out its strategy for growth as it girds for the loss of patent protection on two of its biggest drugs. The Swiss drug giant Wednesday didn't provide an overall cost-reduction figure but said ... (Source: FOXBusiness 2010-11-17T20:57:09Z)

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)

Best Buy joins Target, others in the free-shipping fray

NEW YORK - Best Buy has joined the free-shipping wars, offering the lure on many online orders for the holidays. Best Buy says hundreds of thousands of items are included. Some items such as Apple Inc.'s iPads, video game consoles and major appliances are ... (Source: Minneapolis Star Tribune 2010-11-17T22:23:03Z)

Discount Retailers Face Online Headwinds This Holiday Season

Another "holiday headwind" for traditional store retailers is the growing popularity of online retailers. Forrester Research predicts that online retail sales in the US will grow 16% in this holiday shopping season compared to last year. This is a ... (Source: Yahoo Finance 2010-11-11T17:08:02Z)

Yahoo! Local Offers: Making Yahoo! a Home for Deals and Discounts

Tuesday, Yahoo! announced its very own deal service that by selling coupons and discounts for local businesses. Yahoo! will offer this in the US by partnering with 20 providers including Groupon Inc. and LivingSocial.com. "Local Offers Program" is Yahoo!'s ... (Source: Gather.com 2010-11-16T22:24:14Z)

Mo. jail escapee caught in Ill.

ST. LOUIS (AP) -- 1 of 2 federal defendants who escaped from an eastern Missouri jail is back in custody after being captured in neighboring Illinois. KSDK-TV  reports that John Wesley Jones spent two days on the run before being recaptured Wednesday ... (Source: Connect TriStates 2010-11-17T15:27:52Z)

Data Storage Industry Is a Hotbed of M&A Speculation

Tech stocks kicked off the week nicely after EMC said it would buy the data-storage-technology company, Isilon Systems, in a deal worth $2.25 billion. The deal was unanimously approved by the boards of directors of both companies and is expected to close ... (Source: Yahoo Finance 2010-11-16T16:47:48Z)

Martez Smith, Tim Green, Deddrick Jones, USM Players, Injured in Shooting

Three University of Southern Mississippi football players were injured as a result of an incident off campus early Sunday morning. Linebackers Martez Smith, 22, and Tim Green, 21, along with defensive lineman Deddrick Jones, 23, were identified by the ... (Source: FanHouse 2010-11-14T20:24:55Z)

China's Production Discipline Boosts Aluminum Demand The Bedford Report Provides Analyst ...

NEW YORK, NY -- (Marketwire) -- 11/17/10 -- Aluminum prices have been up most of the month fuelled by a weak US dollar and the recent declaration by the Federal Reserve of its intention to buy $600 billion of Treasuries. Emerging markets have been a huge ... (Source: PR Inside 2010-11-17T16:25:08Z)

Dollar Tree completes $52M purchase of Canada's Dollar Giant stores

CHESAPEAKE, Va. (AP) — Discount retailer Dollar Tree says it has completed the purchase of Canada's Dollar Giant stores for about $52 million in cash. The Chesapeake -based company said Wednesday the deal includes 86 Dollar Giant Stores, including ... (Source: Chicago Tribune 2010-11-17T14:01:58Z)

Yahoo jumps into the daily deals arena

Yahoo Inc. said this week that it is trying its hand at the daily deal game by aggregating offers from more than a dozen deal-of-the-day sites, including Groupon , LivingSocial and BuyWithMe . Yahoo will provide the service only in limited U.S. markets for ... (Source: InternetRetailer.com 2010-11-17T16:46:36Z)

WIS News 10 - Columbia, South Carolina |Business Highlights

NEW YORK (AP) - Stocks fell for a fourth day as concerns over a slowdown in China and talks about a bailout for Irish banks combined to push the Dow Jones industrial average to its lowest level in a month. Asian markets started a global sell-off after ... (Source: WIS-TV 2010-11-16T23:50:08Z)

NEW: Heist suspect caught in Swansea after Missouri jailbreak

ST. LOUIS (AP) — One of two federal defendants who escaped from an eastern Missouri jail is back in custody after being captured in neighboring Illinois. KSDK-TV reports that John Wesley Jones spent two days on the run before being recaptured Wednesday ... (Source: Telegraph 2010-11-17T14:01:58Z)

Northern Foods to merge with Irish Greencore in all-stock deal

UK food producer Northern Foods (LON:NFDS) on Wednesday announced an all-stock merger with Irish Greencore (ISE:GNC) that would create a global convenience foods supplier with annual sales of GBP1.7bn (USD2.7bn/EUR2bn). Under the agreed terms, the two ... (Source: TradingMarkets.com 2010-11-17T11:03:01Z)

TD Ameritrade data theft settlement offered

OMAHA, Neb. - Online brokerage TD Ameritrade plans to offer up to $2,500 to each of the more than 6 million current and former customers affected by the theft of their contact information more than three years ago, if a federal judge approves the deal. The ... (Source: Tulsa World 2010-11-17T08:18:22Z)

Yahoo Moves into Local Deals

Yahoo has made its move in the burgeoning local deals space, announcing "Local Offers," a service that will pull together deep discounts from more than a dozen partners including Groupon, LivingSocial and Coupons.com. In other words, rather than go ... (Source: YAHOO! 2010-11-16T17:09:16Z)

Northern Foods, Greencore agree to merger

LONDON (Reuters) - British food manufacturer Northern Foods ( NFDS.L ) has agreed to merge with Ireland's Greencore Group ( GNC.I ) to create a combined group with annual sales of around 1.7 billion pounds ($2.7 billion). The deal, which is structured as a ... (Source: Reuters 2010-11-17T07:56:54Z)

Target, Best Buy, Toys R Us, Walmart hatch Black Friday deals

Big news for Black Friday shoppers! Target will sell $3 appliances and Best Buy is planning to offer Sony laptops for $399.99 and a Blu-Ray disc player by Toshiba for $59.99, according to Black Friday ads posted on gottadeal.com. Toys R Us will have Mega ... (Source: Sacramento Bee 2010-11-16T20:08:14Z)

Dollar Tree Completes Acquisition of Canadian Dollar Giant Stores

CHESAPEAKE, Va.--( BUSINESS WIRE )--Dollar Tree, Inc. (NASDAQ: DLTR) today announced that it has completed its purchase of the assets of the Dollar Giant Store (B.C.) Ltd. Under the terms of the agreement, Dollar Tree acquired 86 Dollar Giant stores ... (Source: Business Wire 2010-11-16T22:02:45Z)

Wal-Mart expands Black Friday hours, unveils deals

Wal-Mart 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. The world ... (Source: AP - msnbc.com 2010-11-15T14:54:27Z)

Hattiesburg Shuts Down Club

The city of Hattiesburg has shut down Remington's Hunt Club, where three University of Southern Mississippi players were shot Sunday morning. Mayor Johnny DuPree says the city is temporarily suspending the operating license of the popular night spot ... (Source: WTOK-TV 2010-11-17T20:49:59Z)

Business Highlights

NEW YORK (AP)—Stocks fell for a fourth day as concerns over a slowdown in China and talks about a bailout for Irish banks combined to push the Dow Jones industrial average to its lowest level in a month. Asian markets started a global sell-off after ... (Source: San Jose Mercury News 2010-11-16T23:28:39Z)

Equities Update: Earnings vs. Worries Ends in a Draw

(+) TGT (+3.6%) gains after earnings. (+) BJ (+3%) gains after earnings. (+) CHS (+9.3%) gains after earnings. (+) LDSH (+54.5%) sold to Allegheny Tech for $24/share. (+) HYC (+14.7%) sold to Verifone for $485 mln. (+) DGW (+7.4%) reports improved quarter ... (Source: Seekingalpha.com 2010-11-17T21:25:47Z)

Novartis says Alcon deal cannot be all cash

LONDON, Nov 17 (Reuters) - Novartis AG (NOVN.VX: Quote , Profile , Research , Stock Buzz ) will not go for an all-cash deal to clinch the remaining 23 percent stake it does not already own in U.S.-listed eyecare group Alcon (ACL.N: Quote , Profile ... (Source: Yahoo Finance 2010-11-17T16:25:08Z)

Retailers respond to leaks of Black Friday deals

- 2010blackfridayads.com:  Offers ad scans and features a countdown clock. Has contests, links to store hours and online specials and articles. - blackfriday.gottadeal.com: Posts text versions of ads, linked to scanned versions of ad items featured ... (Source: Florida Times-Union 2010-11-16T09:31:08Z)

Bond set for suspects in USM players shooting

HATTIESBURG, Miss. (AP) — Bond has been set at $1.5 million each for two people arrested as accessories in the shooting of three University of Southern Mississippi football players outside a Hattiesburg nightclub Sunday. Cleothus Wilkerson, 25 and ... (Source: USA Today 2010-11-17T20:49:59Z)

Dollar Tree completes Dollar Giant stores purchase

Discount retailer Dollar Tree says it has completed the purchase of Canada's Dollar Giant stores for about $52 million in cash. The Chesapeake-based company said Wednesday the deal includes 86 Dollar Giant Stores, including substantially all assets ... (Source: AP - msnbc.com 2010-11-17T14:09:08Z)

Federal jail escapee caught in Swansea

November 17, 2010 (ST. LOUIS) -- One of two federal defendants who escaped from an eastern Missouri jail is back in custody after being captured in neighboring Illinois. KSDK-TV reports that John Wesley Jones spent two days on the run before being ... (Source: KABC 2010-11-17T15:13:33Z)

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