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, 7:41 am

Under Pressure, Blackstone Up its Offer for Dynegy

Ok, Seneca Capital and Carl Icahn. It's your move. Private-equity firm Blackstone Group announced a bump in its offer for energy company Dynegy to $5 a share from $4.50. The stock has been trading above Blackstone's offer price, as hedge fund Seneca ... (Source: Wall Street Journal 2010-11-16T18:35:10Z)

Icahn Grabs More Dynegy To Fight Off Blackstone's Embrace

Carl Icahn has offered $2 billion in credit to Dynegy , rather than see it acquired by The Blackstone Group . Icahn, as well as Dynegy shareholder Seneca Capital, oppose the takeover, saying Blackstone's $543 million offer is too low. (Source: Forbes 2010-11-12T21:24:33Z)

Marchionne: Chrysler to pay off some government loans in '11

Los Angeles — Chrysler Group LLC will pay off some of its loans to the U.S. and Canadian governments in 2011 and wants some refinancing solutions worked out prior to an initial public offering of shares in the second half of the year. But execution of a ... (Source: Detroit News 2010-11-17T21:18:37Z)

Report: Online video providers not protecting kids

The Parents Television Council has released a study that says online video destinations like Hulu and Fancast don't do enough to keep explicit content from kids. The advocacy group monitors decency issues and released the study Wednesday. It evaluated the ... (Source: AP - msnbc.com 2010-11-18T03:02:13Z)

Israel pullout stirs fear in Lebanon border hamlet

Israel agreed Wednesday to pull its troops from the northern half of a village that straddles the border with Lebanon, defusing a long-standing political dispute but frightening villagers who don't want their community divided. Prime Minister Benjamin ... (Source: AP - msnbc.com 2010-11-18T02:55:04Z)

Fiat Could Consider Ferrari IPO, Marelli Unit Sale - Analysts

MILAN (Dow Jones)--Fiat SpA (F.MI) would consider an initial public offering for its Ferrari luxury car brand and a sale of its car parts business Magneti Marelli to generate cash after the Italian automaker's planned split-up has been completed, according ... (Source: Wall Street Journal 2010-11-15T16:27:30Z)

Deficit commission debates Rep. Ryan's proposal for dramatic overhaul of Medicare

WASHINGTON — President Barack Obama's deficit commission is debating a plan that would turn Medicare into a program in which seniors would purchase health insurance with government-issued health insurance vouchers rather than having the government pay ... (Source: Washington Examiner 2010-11-18T00:17:35Z)

Dow Chemical plans $2.5 billion bond sale in 2 parts

Dow Chemical Co., the world's second- biggest chemical maker, plans to sell $2.5 billion of debt in a two-part offering after reporting third-quarter earnings that dropped less than analysts had estimated. Bonds due in February 2016 and debt maturing in ... (Source: Detroit News 2010-11-04T18:42:14Z)

Stores opening on Thanksgiving Day

You better scarf down that turkey: Toys 'R' Us on Wednesday became the latest retailer to announce that it will open its doors on Thanksgiving Day. Stores have competed for years to offer the biggest deals at the most ungodly hours on Black Friday. First ... (Source: Washington Post 2010-11-17T16:03:39Z)

UPDATE 1-Fiat CEO: Chrysler still gearing up for 2011 IPO

LOS ANGELES, Nov 16 (Reuters) - The success of General Motors Co's IPO, potentially the largest U.S. offering, bodes well for Chrysler's own planned share sale, Fiat SpA ( FIA.MI ) CEO Sergio Marchionne said on Tuesday. But the Itaian executive told ... (Source: Reuters 2010-11-17T08:04:03Z)

Fiat, VW Chiefs Call Alfa, Ferrari Transaction 'Just a Dream'

Nov. 11 (Bloomberg) -- Fiat SpA Chief Executive Officer Sergio Marchionne and Volkswagen AG CEO Martin Winterkorn said a sale of the Italian carmaker's Alfa Romeo and Ferrari brands to the German competitor is only a "dream." VW's expressed interest in ... (Source: San Francisco Gate 2010-11-09T23:58:26Z)

GM IPO raises $20.1 billion

By Clare Baldwin and Soyoung Kim NEW YORK (Reuters) - General Motors Co <GM.UL> pulled off the biggest initial public offering in U.S. history on Wednesday, raising $20.1 billion after pricing shares at the top of the proposed range in response to huge ... (Source: msnbc.com 2010-11-18T13:39:18Z)

ISRAEL, LEBANON: Israel to pull back to the Blue Line, again

Israel's security Cabinet decided Wednesday to accept -- in principle -- the arrangement proposed by the U.N. and UNIFIL for withdrawing Israeli troops from the Lebanese part of the village of Ghajar. The details still have to be fine-tuned and brought ... (Source: Los Angeles Times 2010-11-18T15:05:12Z)

Gazprom, Poland Plan to Issue Debt: Emerging-Market Bond Alert

The following borrowers in emerging markets are expected to sell international debt. New information is followed by previously reported plans. OAO GAZPROM's sale of dollar bonds will have a five-year maturity, said two people familiar with the ... (Source: Bloomberg 2010-11-16T14:46:06Z)

OTC Tip Reporter: AMERICAN BONANZA GOLD CORP. (PINK SHEETS: ABGFF), Elysium Internet, Inc ...

VANCOUVER, BRITISH COLUMBIA -- Nov. 10, 2010 -- AMERICAN BONANZA GOLD CORP. (TSX:BZA)(PINK SHEETS:ABGFF)(FRANKFURT:AB2) ("Bonanza") is pleased to announce that it has completed the sale of its eastern Canadian exploration properties to Balmoral Resources ... (Source: TradingMarkets.com 2010-11-11T17:00:53Z)

Fiat Said to Mull Ferrari IPO, Marelli Unit Sale

MILAN— Fiat SpA would consider an initial public offering for its Ferrari luxury-car brand and a sale of its car-parts business Magneti Marelli to generate cash after the Italian auto maker's planned split-up has been completed, according to analysts who ... (Source: Wall Street Journal 2010-11-15T18:43:31Z)

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)

Rock Candy: The Beatles on iTunes; Slowdown Virginia returns

I, for one, am not excited about the Beatles being available on iTunes. If you missed the announcement, Apple Computers and Apple Corps. (the Beatles' company) finally got together and made friends. If you go to the iTunes store today, you'll find all 13 ... (Source: Omaha World-Herald 2010-11-18T13:32:09Z)

Sears, Kmart Black Friday Sales Leaked: Electronics Galore

This is the year for leaked Black Friday sales, apparently, as Black Friday sales at Sears and Kmart have both been made public today a la the Walmart Black Friday circular that made the rounds last week. Perhaps even a bigger deal than getting leaked ... (Source: DailyGame.net 2010-11-17T15:56:30Z)

You don't have to wait until Black Friday this year. Several retailers will be open on Thanksgiving ...

Looks as if Black Friday may be fading to gray. For decades, the Friday after Thanksgiving has been considered the traditional start of the holiday shopping season, with early morning door-busting deals. This year, Thanksgiving Thursday is stepping in to ... (Source: Indianapolis Star 2010-11-17T09:29:57Z)

Camelot Contemplates Filing a Proposed Offering of its American Depositary Shares by Certain ...

BEIJING , Nov. 18, 2010 /PRNewswire-Asia-FirstCall/ -- Camelot Information Systems Inc. (the "Company") (NYSE: CIS) today announced that it is contemplating the filing of a registration statement with the United States Securities and Exchange Commission ... (Source: Earthtimes 2010-11-18T12:20:34Z)

Beatles for sale, finally, on iTunes

L OS ANGELES - Nearly 50 years after the Beatles took television by storm, the Fab Four's songs became available on iTunes yesterday, setting the stage for a possible new outbreak of Beatlemania - this one online. After many a hard day's night of ... (Source: Boston Herald 2010-11-17T13:26:11Z)

Study: Online Video Providers Not Protecting Kids

The Parents Television Council has released a study that says online video destinations like Hulu and Fancast don't do enough to keep explicit content from kids. The advocacy group, which monitors decency issues, issued the study Wednesday. It evaluated ... (Source: WOWT 2010-11-17T21:04:18Z)

Israeli troops leaving border

GHAJAR, Golan Heights – Israel agreed Wednesday to pull its troops from the northern half of a village that straddles the border with Lebanon, defusing a long-standing political dispute but frightening villagers who don't want their community divided ... (Source: Dallas Morning News 2010-11-18T15:26:41Z)

Auto Rebound Seen in Bonds as Sales Soar, GM Prepares IPO: Credit Markets

The car and truck industry is gaining the confidence of bond investors as General Motors Co. prepares an initial public offering of stock this week and sales soar. Yields on securities tied to auto loans and leases have tightened to 80 basis points more ... (Source: Bloomberg 2010-11-14T22:12:17Z)

Will iTunes Holdouts Reconsider After The Beatles Success?

(CANVAS STAFF REPORTS) - Judging by The Beatles' debut on iTunes, Garth Brooks, Bob Seger and a handful of other major acts might want reconsider their long holdout from the immensely popular online store. Apple CEO Steve Jobs said getting his beloved ... (Source: myfoxny.com 2010-11-18T15:05:12Z)

Dynegy Says It Bargained With Blackstone for Higher Offer Price

Dynegy Inc. squeezed more money from Blackstone Group LP and negotiated a lower breakup fee in the hours leading up to a scheduled shareholder vote on the private- equity firm's $604.5 million takeover bid, the Houston-based power producer said today in ... (Source: Bloomberg 2010-11-18T12:56:21Z)

Online video providers aren't protecting kids, group says

NEW YORK -- Mainstream online video destinations don't do enough to keep explicit content from kids, the Parents Television Council said in a report released Wednesday. The advocacy group, which monitors decency issues, evaluated the child appropriateness ... (Source: San Jose Mercury News 2010-11-17T22:58:50Z)

Chinese online video company Tudou plans to offer American depository shares on Nasdaq

NEW YORK (AP) — Online video company Tudou Holdings Ltd. is planning to offer an undetermined number of American depository shares in an initial public offering, according to a Securities and Exchange Commission filing Tuesday. The company also granted ... (Source: Fort Lauderdale Sun-Sentinel 2010-11-09T21:49:35Z)

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)

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