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, 2:42 pm

Travel site Kayak.com files for IPO

NEW YORK (AP) -- Kayak Software Corp., whose site Kayak.com is a popular aggregator of flight and hotel deals, filed for an initial public offering Wednesday, with hopes of raising up to $50 million. The Norwalk, Conn., company did not say in its filing ... (Source: Yahoo Finance 2010-11-17T22:30:12Z)

Ariba Announces Definitive Agreement to Acquire Quadrem

Deal will expand depth and breadth of Ariba Network creating additional value for buyers and sellers around the world SUNNYVALE, Calif., & AMSTERDAM, The Netherlands--(BUSINESS WIRE)-- Ariba, Inc. (Nasdaq: ARBA ), the leading provider of collaborative ... (Source: StreetInsider.com 2010-11-18T12:34:53Z)

Debt Panel Members Propose Medicare Becoming a Voucher Program

Two members of President Barack Obama 's debt commission have proposed converting Medicare into a voucher program in a bid to slow the growth in health-care costs. The plan, by Wisconsin Republican Representative Paul Ryan and former Congressional Budget ... (Source: Bloomberg 2010-11-18T12:27:43Z)

Suspected Russian Arms Dealer Holds Many Secrets, says Expert

Douglas Farah's book is called "The Merchant of Death" -- a reference to Viktor Bout's suspected vast arms trafficking activities. Farah says Bout was a Soviet Air Force officer who saw the potential of selling weapons internationally as the Cold War came ... (Source: Voice of America 2010-11-18T20:41:39Z)

10 Shots Of Espresso In One Drink Equals "Coffee Porn In A Cup"

A New York coffee shop is offering a 20-ounce beverage with 10 shots of espresso billed as "coffee porn in a cup." Tony Fisher, owner of The Pulp & The Bean, said the Dieci, named after the Italian word for 10, went on sale Tuesday after he realized the ... (Source: Post Chronicle 2010-11-18T17:57:00Z)

Treasury's GM sell-off bigger than expected

Washington — When the U.S. government became the majority owner of General Motors Co., President Barack Obama gave his auto team two missions: Get the government out of the auto business quickly and repay taxpayers as much money as possible. But the ... (Source: Detroit News 2010-11-18T05:54:01Z)

Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Fin

Item 1.01. Entry into a Material Definitive Agreement. Overview of Acquisition. On November 18, 2010, Ariba, Inc. ("Ariba"), Quadrem International Holdings, Ltd ("Quadrem") and Charlotte, Ltd., as stockholders' representative, entered into a Stock Purchase ... (Source: YAHOO! 2010-11-18T12:34:53Z)

UPDATE 1-Kayak website operator files for IPO

NEW YORK Nov 17 (Reuters) - The operator of the popular Kayak.com website that aggregates airline, hotel and rental car deals, filed on Wednesday to raise as much as $50 million in an initial public offering. Kayak Software Corp's filing with the U.S ... (Source: Reuters 2010-11-17T23:06:00Z)

Ryan proposes Medicare revision

Washington — President Barack Obama's deficit commission on Wednesday debated a dramatic plan to gradually turn Medicare from a system in which the government pays most beneficiaries' medical bills into a program in which seniors would purchase health ... (Source: Milwaukee Journal Sentinel 2010-11-18T04:56:45Z)

Obama: GM stock sale a success for his policy

President Barack Obama on Thursday celebrated the return of a reborn General Motors to the U.S. stock market, saying it shows some of the "tough decisions that we made" during the financial crisis were beginning to pay off. "American taxpayers are now ... (Source: San Francisco Gate 2010-11-18T22:14:42Z)

DA: Violent sex offender to be released in OC

The Orange County district attorney is warning parents about a sex offender who will be released from prison this week after serving 25 years of a 49-year sentence. District Attorney Tony Rackauckas said Tuesday that 52-year-old Lawrence Joseph Brown will ... (Source: San Francisco Gate 2010-11-17T00:25:55Z)

Friends Not Surprised by Eva and Tony Divorce

Just three years after their fairytale wedding in a French castle, Eva Longoria filed for divorce from basketball star Tony Parker citing irreconcilable differences. Several guests who attended the wedding tell me they are surprised it lasted this long ... (Source: Pop Eater 2010-11-18T22:21:52Z)

Flying fruit lid sparks $150K settlement offer

DETROIT (AP) - A man who says he was knocked unconscious when a lid exploded off a jar of fruit and hit him in the face was offered $150,000 to settle his lawsuit against a grocer and a fruit company. Del Monte Foods of San Francisco and Cincinnati-based ... (Source: msnbc.com 2010-11-18T13:10:40Z)

Desperate Housewives Crew "Caught Off Guard" With Eva Longoria Divorce

Seems many folks ( us included , for the most part) were surprised when trouble started irreversibly brewing between Eva Longoria and Tony Parker earlier this week. Eva—who's wasting no time dropping the Parker— filed for divorce Wednesday, and she ... (Source: Entertainment Online 2010-11-18T21:53:14Z)

10 Shots in a Cup

The Crown Heights coffee shop The Pulp & The Bean is serving a drink, known as "Dieci" (Italian for "10"), that contains 10 shots of expresso in one cup, according to Reuters News Service. Shop owner Tony Fisher, 37, says, "This is for the person ... (Source: Brooklyn Daily Eagle 2010-11-18T19:58:42Z)

Financial 15 Split Corp. II: Regular Monthly Dividend Declaration for Preferred Share

TORONTO, ONTARIO -- (Marketwire) -- 11/18/10 -- Financial 15 Split Corp. II ("Financial 15 II") declares its regular monthly distribution of $0.04375 for each Preferred share ($0.525 annually). Distributions are payable December 10, 2010 to shareholders on ... (Source: PR Inside 2010-11-18T14:22:15Z)

Kayak website operator files for IPO

NEW YORK (Reuters) - The operator of the popular Kayak.com website that aggregates airline, hotel and rental car deals, filed on Wednesday to raise as much as $50 million in an initial public offering. Kayak Software Corp's filing with the Securities and ... (Source: Yahoo Finance 2010-11-17T23:48:57Z)

UPDATE 1-Ariba to buy privately held rival for up to $150 mln

Nov 18 (Reuters) - Supply-management software maker Ariba Inc ( ARBA.O ) said it would buy privately held Dutch rival Quadrem in a cash and stock deal worth up to $150 million, to add customers like Alcoa ( AA.N ) and Nestle ( NESN.VX ) to its portfolio ... (Source: Reuters UK 2010-11-18T15:48:09Z)

10-Shot Espresso Cup Drink Dubbed 'Porn In A Cup'

A Brooklyn coffee shop began offering a new espresso drink Tuesday which contains 10 shots of espresso in a single 20 oz. cup. This new drink, dubbed 'Porn in a Cup' is not for everyone, that's for sure. Tony Fisher, 37, owns The Pulp & The Bean in ... (Source: Gather.com 2010-11-18T20:55:58Z)

Kroger, Del Monte offer Southfield man $150K over flying lid

Southfield — A fruit company and a major grocer are offering $150,000 to a man who says he lost consciousness after being hit with a lid that exploded off a jar of fruit. Del Monte Foods and Kroger Co. say there's no credible evidence that the jar was ... (Source: Detroit News 2010-11-18T05:54:01Z)

Eva Longoria & Tony Parker Time Line: Courtship, Marriage, Weight Gain, Divorce

It's a desperate situation, spurring lots of chatter and media coverage. The fine romance seems over between "Desperate Housewives" star Eva Longoria Parker and her husband, Tony Parker, All-Star point guard for the San Antonio Spurs. With the end ... (Source: Huffingtonpost.com 2010-11-18T22:00:23Z)

GM shares rise, but will it be enough for taxpayers?

Shares in General Motors are a pretty hot item. The stock opened today at $35 a share just a week after GM and its bankers decided to price the deal at $33. It closed at $34.19 a share and was originally slated to sell for between $26 and $29 a share ... (Source: BusinessWeek 2010-11-18T22:21:52Z)

Russian pleads not guilty to weapons-sale charges

NEW YORK - A former Soviet military officer dubbed the "Merchant of Death" for allegedly selling an arsenal of weapons that would be "the envy of some small countries" was in the United States on Wednesday to face justice, a prosecutor announced, refusing ... (Source: Philadelphia Daily News 2010-11-18T08:02:52Z)

Child Molester Bound for OC Back in Prison

A 52-year-old convicted child rapist was released from state prison Wednesday only to be rearrested one hour later for a parole violation. A spokeswoman for the California Department of Corrections told NBCLA Lawrence Joseph Brown was returned to Chino ... (Source: msnbc.com 2010-11-18T18:47:07Z)

Brompton Funds Declare Distributions

TORONTO, ONTARIO--(Marketwire - Nov. 18, 2010) - Brompton Funds (TSX: BE )(TSX:BE.PR.A)(TSX: DGS )(TSX:DGS.PR.A)(TSX: LBS )(TSX: SBC ) announces distributions payable on December 14, 2010 to Class A shareholders of record at the close of business on ... (Source: StreetInsider.com 2010-11-18T15:26:41Z)

Canwest's restructuring Plan successfully implemented Sale to Shaw of conventional and specialty ...

WINNIPEG, Oct 27, 2010 (BUSINESS WIRE) -- 2737469 Canada Inc., formerly, Canwest Global Communications Corp. (the "Company"), today announced that the purchase and sale transaction with Shaw Communications Inc. contemplated by the amended and restated ... (Source: CNBC 2010-10-27T19:56:09Z)

Medicare overhaul studied by deficit commission

WASHINGTON (Reuters) - A proposal to overhaul the costly Medicare and Medicaid health programs met opposition on Thursday in a closed-door meeting of a presidential commission looking for ways to balance the U.S. budget. As private groups studying the ... (Source: Reuters 2010-11-18T21:53:14Z)

SoCal sex offender arrested just after release

SANTA ANA - Authorities say a Southern California sex offender was detained immediately after his release for violating his parole by riding in a car with a woman. Orange County District Attorney Tony Rackauckas (rah-KAH'-kus) told the Associated Press ... (Source: Long Beach Press-Telegram 2010-11-18T14:22:15Z)

Flying fruit lid sparks $150K settlement offer for Southfield man

DETROIT (AP) — A Southfield man who says he was knocked unconscious when a lid exploded off a jar of fruit and hit him in the face was offered $150,000 to settle his lawsuit against a grocer and a fruit company. Del Monte Foods of San Francisco and ... (Source: The Oakland Press 2010-11-18T06:01:11Z)

Russia: Extradited arms suspect nicknamed 'Merchant of Death' has no Russian military secrets

BAKU, Azerbaijan (AP) — President Dmitry Medvedev 's top foreign policy aide says a former Soviet military officer extradited to the U.S. for possible illegal weapons trade has no military secrets. Sergei Prikhodko said in televised remarks Thursday that ... (Source: Orlando Sentinel 2010-11-18T14:07:56Z)

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