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 18, 2010, 12:41 am

Prudential Financial prices share offer at $54.50

SYDNEY (MarketWatch) -- Prudential Financial Inc. (NYSE:PRU) said that it has has priced an offering of 18,348,624 shares at $54.50 a share and expects to raise $970 million from the offer. The company intends to use the proceeds to fund a portion of the ... (Source: Marketwatch 2010-11-12T04:13:46Z)

Consumer Confidential: T-Day shopping, Best Buy free shipping, Google unveils Boutiques.com

Here's your wailin' Wednesday roundup of consumer news from around the Web: --Black Friday is so last year. The trend this year is for retailers to throw open their doors on Thanksgiving itself so that discount-nutty shoppers can get their fix as others ... (Source: Los Angeles Times 2010-11-17T19:38:24Z)

New deal no guarantee McNabb will stay in D.C.

Turns out Donovan McNabb's deal with the Redskins isn't nearly as good as it first seemed. McNabb's agent, Fletcher Smith, confirmed Tuesday that McNabb's new contract extension has an out clause built into it that allows the Redskins to cut ties with the ... (Source: Burlington County Times 2010-11-17T11:10:10Z)

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)

Jefferies to arrange Avanir Pharmaceuticals stock sale

17 November 2010 - US investment bank Jefferies (NYSE: JEF | PowerRating ) will serve as sole book-running manager of the potential common stock offer by US Avanir Pharmaceuticals Inc (NASDAQ: AVNR | PowerRating ), the latter said Tuesday. The stock sale ... (Source: TradingMarkets.com 2010-11-17T06:52:28Z)

Oden needs surgery, will miss season

PORTLAND — Trail Blazers center Greg Oden, the former No. 1 draft pick whose short career has been marred by injuries, will have microfracture surgery on his left knee and will not play this season. Oden hasn't played since last December because he ... (Source: Seattle Times 2010-11-18T05:39:42Z)

Avanir Pharma prices offering at $4.40 per share

Avanir Pharmaceuticals Inc. expects to raise about $88 million, before discounts and expenses, with an offering of 20 million shares that it has priced at $4.40 per share, almost 5 percent below its latest closing price. The Aliso Viejo, Calif., company ... (Source: AP - msnbc.com 2010-11-17T15:20:42Z)

Dynegy board accepts sweetened $603M takeover bid by Blackstone, delays shareholder vote

NEW YORK (AP) — Dynegy 's board has accepted a sweetened $603 million takeover bid by Blackstone Group LP, but the deal still faces opposition from two prominent shareholders. The private equity group on Tuesday increased its offer for the Houston power ... (Source: Chicago Tribune 2010-11-17T21:47:15Z)

Falcon High OKs gay-marriage T-shirt

Falcon High School senior Kate Cohn was called into the principal's office at the end of classes Tuesday and told that she and other students could, after a two-week ban, wear a T-shirt saying: "Marriage is so gay." Kate, 17, had worn the shirt Nov. 2 ... (Source: msnbc.com 2010-11-17T18:41:08Z)

Thunder roll over Yao-less Rockets

Kevin Durant scored 24 points and Russell Westbrook added 21 points and 12 assists as Oklahoma City beat the Houston Rockets 116-99, a team still missing Yao Ming. The Thunder on Wednesday notched their most lopsided victory of this NBA season. For Durant ... (Source: Big Hollywood 2010-11-18T07:41:24Z)

Cholera, fear spread beyond the border

A Southwest Florida woman who visited family in the disease-stricken Artibonite Valley of Haiti and a Haitian construction worker who lives in the eastern Dominican Republic but recently spent two weeks in Port-au-Prince became the first people to import ... (Source: Miami Herald 2010-11-18T03:59:29Z)

Woman Returns to Florida From Haiti With Cholera

MIAMI – A case of cholera has been confirmed in Florida in a woman who returned from visiting family Haiti . Dr. Thomas Torok of the Florida Department of Health said Wednesday that the woman had been visiting family along Haiti's rural Artibonite River ... (Source: FOX News 2010-11-18T01:36:19Z)

Baseball Notes: Gardenhire, Black honored

Bud Black hung on to win this race. Ron Gardenhire became a first-time manager of the year, too, after so many near misses. A month after his San Diego Padres were knocked out of the playoff chase on the final day, Black nudged Cincinnati's Dusty Baker by ... (Source: Philadelphia Daily News 2010-11-18T08:02:52Z)

Dynegy accepts Blackstone Group's sweetened takeover offer

Dynegy Inc. 's board has accepted a sweetened $603-million takeover bid by Blackstone Group , but the deal still faces opposition from two prominent shareholders. The private equity group increased its offer Tuesday for the Houston power plant owner 11% to ... (Source: Los Angeles Times 2010-11-17T22:01:34Z)

Best Buy Catches the Free-Shipping Wave

Mega-retailer Best Buy (NYSE: BBY) announced on Wednesday it will offer free shipping on a number of specific items through December 21. Products with free shipping include CDs , DVDs and Blu-ray discs, as well as gaming software and accessories. iPods ... (Source: E-Commerce Times 2010-11-17T22:15:53Z)

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)

Defense Witness Asserts Leyritz Was Not Drunk

A defense expert said the former Yankee Jim Leyritz was not drunk when he was involved in a Florida car crash that killed a 30-year-old woman. The expert, the toxicologist Dr. Stefan Rose, testified in Fort Lauderdale, Fla., on Wednesday that Leyritz had a ... (Source: New York Times 2010-11-18T05:46:52Z)

McNabb's deal has out clause, but Redskins unlikely to use it

Very little has been straightforward about Washington Redskins quarterback Donovan McNabb this season, including his new five-year, $78 million contract. McNabb's deal includes a $3.5 million signing bonus, paid in 2010, bringing his total compensation ... (Source: NFL 2010-11-16T23:50:08Z)

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)

AIG Extends Offer To Exchange Equity Units

American International Group Inc. ( AIG ) said it has extended its offer to exchange up to 74.5 million of its equity units to Nov. 23 from later Wednesday. The equity unit consists of corporate units equal to 0.09867 shares of its common stock and $3.2702 ... (Source: NASDAQ 2010-11-18T00:03:16Z)

Dynegy delays vote tally on Blackstone deal

HOUSTON (Reuters) - A shareholder meeting to vote on Blackstone Group's (BX.N: Quote , Profile , Research , Stock Buzz ) proposed takeover of Dynegy Inc (DYN.N: Quote , Profile , Research , Stock Buzz ) was recessed on Wednesday, indicating the power ... (Source: Yahoo Finance 2010-11-17T22:15:53Z)

Cholera detected in the Dominican Republic

A case of cholera has been detected in the Dominican Republic, the first sign that the worsening epidemic in neighboring Haiti could be crossing the border shared by the island nations. The cholera case was diagnosed in a 32-year-old Haitian man who works ... (Source: Los Angeles Times 2010-11-17T21:54:25Z)

Marlins sign Buck to $18M, 3-year deal

All-Star catcher John Buck and the Florida Marlins have finalized an $18 million, 3-year contract. Buck passed his physical yesterday and the deal was completed, a day after the sides agreed to terms. He gets a $1.5 million signing bonus, $4.5 million next ... (Source: Philadelphia Daily News 2010-11-18T08:02:52Z)

Out clause in Donovan McNabb deal

N othing is straightforward about Donovan McNabb these days. It turns out the $40 million he is supposed to be guaranteed in his new contract could turn out to be a mere $3.5 million. McNabb's agent, Fletcher Smith, clarified some of the details of ... (Source: Boston Herald 2010-11-17T05:33:44Z)

AIG again extends share exchange offer

NEW YORK -- American International Group Inc. on Wednesday again extended an exchange offer aimed at allowing the government to swap its majority stake for common stock. When AIG announced the offer on Oct. 8, it set Nov. 10 as the expiration date ... (Source: Forbes 2010-11-17T23:48:57Z)

Dollar Tree buys Dollar Giant stores

Discount retailer Dollar Tree said it has completed the purchase of Canada's Dollar Giant stores for about $52 million in cash. The Chesapeake-based company said Wednesday that the deal includes 86 Dollar Giant Stores, including substantially all assets ... (Source: HamptonRoads.com 2010-11-18T04:56:45Z)

Avanir Announces Public Stock Offering

AVANIR Pharmaceuticals, Inc. ( AVNR ) has announced that it intends to offer and sell shares of its common stock in an underwritten public offering. Jefferies & Company, Inc. is acting as sole book-running manager in the offering and Canaccord Genuity Inc ... (Source: Seekingalpha.com 2010-11-17T07:13:57Z)

Falcon High allows gay-marriage T-shirt after ACLU heat

Falcon High School senior Kate Cohn was called into the principal's office at the end of classes Tuesday and told that she and other students could, after a two-week ban, wear a T-shirt saying: "Marriage is so gay." Kate, 17, had worn the shirt Nov. 2 ... (Source: Denver Post 2010-11-17T07:56:54Z)

School Relents, Kate Cohn Can Wear 'Marriage Is So Gay' T-Shirt

High school officials in Colorado have agreed to lift their ban on a student wearing a pro-gay marriage t-shirt. Kate Cohn, a senior at Falcon High School, was told she could no longer wear a "Marriage is so gay" t-shirt because it violated the school ... (Source: On Top Magazine 2010-11-17T16:32:17Z)

NBA Game Summary - Houston at Oklahoma City

Oklahoma City, OK (Sports Network) - Russell Westbrook scored 21 points, dished out 12 assists and grabbed six rebounds, as the Oklahoma City Thunder handled the Houston Rockets, 116-99. Kevin Durant added 24 points for the Thunder, who have won two in a ... (Source: First Coast News 2010-11-18T03:59:29Z)

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