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Deals of the Hour / November 18, 2010, 8:41 am

Higher sales help boost Dollar Tree 3Q net income

CHESAPEAKE, Va.— Discount retailer Dollar Tree Inc. said Thursday that strong sales of food, housewares, health and beauty products helped its profit grow about 37 percent in the fiscal third quarter. The Chesapeake company reported net income rose to $ ... (Source: Boston Globe 2010-11-18T14:58:03Z)

U.S. Treasury sold 358 million GM shares in IPO

SAN FRANCISCO (MarketWatch) -- The U.S. Treasury Department sold 358 million shares of General Motors Co. (NYSE:GM) in the auto maker's initial public offering, senior administration officials said late Wednesday. At $33 a share, the sale raised $11.8 ... (Source: Marketwatch 2010-11-17T23:34:38Z)

Thailand extradites alleged arms dealer Viktor Bout to US

BANGKOK — Thailand extradited accused Russian arms trafficker Viktor Bout to the U.S. on Tuesday to face terrorism charges, siding with Washington in a tug of war with Moscow over whether to send him to stand trial or let him go home. The Cabinet ... (Source: Boston Herald 2010-11-16T17:59:23Z)

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)

Case of Hamilton County teacher accused of pointing gun at teens continues

CHATTANOOGA (AP) - A judge has sent to a grand jury the case of a Hamilton County teacher accused of holding nine teenagers at gunpoint. Police say Stacy Swallows, 45, stopped a group of teenagers leaving a private cemetery by blocking the road with his ... (Source: WATE 2010-11-18T14:58:03Z)

Wilmington Trust faces suits over sale to M&T

Two Wilmington Trust Corp. shareholders have filed separate class-action lawsuits in state court in Delaware seeking to block the company's sale to M&T Bank Corp. The lawsuits, filed Nov. 5 by Don Medich and Daniel Yi in Chancery Court in Wilmington Del ... (Source: Birmingham Business Journal 2010-11-09T19:55:03Z)

On one of NFL's top teams, Falcons' Gonzalez hopes this will be THE year to win in playoffs

FLOWERY BRANCH, Ga. (AP) — Tony Gonzalez lets his mind drift at times. He sees himself standing on the field at the end of the Super Bowl , the confetti dropping all around, a championship finally his. Then he snaps back into the moment. Sign up for news ... (Source: WHNT-TV 2010-11-18T01:29:10Z)

Higher revenue helps boost Dollar Tree 3Q profit

Discount retailer Dollar Tree Inc. said Thursday that strong sales of food, housewares, health and beauty products helped its profit grow about 37 percent in its fiscal third quarter. Dollar Tree said sales were strong as it saw an increase in customer ... (Source: AP - msnbc.com 2010-11-18T15:26:41Z)

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 2010-11-17T23:56:06Z)

Sears Holdings loss widens in 3rd quarter

NEW YORK -- Sears Holdings Corp. 's third-quarter loss widened more than expected, dragged down by weak revenue at its long-suffering Sears chain, hurt by poor sales of appliances and clothing. Revenue fell 5 percent to $9.68 billion, short of analyst ... (Source: Forbes 2010-11-18T16:16:47Z)

GM's IPO drives off the lot with premium

NEW YORK (MarketWatch) — General Motors Co. shares rose in their stock market debut Thursday, marking the second-richest initial public offering in U.S. history that comes just 18 months after the auto maker's shares were delisted during the throes of ... (Source: Marketwatch 2010-11-18T15:12:22Z)

Albuquerque nixes alcohol sale at UNM games (8:43 a.m.)

ALBUQUERQUE - Albuquerque city councilors have rejected a bid by the University of New Mexico to sell alcohol at basketball and football games and at certain events at the Student Union Building. The university had sought a waiver to allow alcohol sales ... (Source: Las Cruces Sun-News 2010-11-16T15:36:13Z)

Blazers C Greg Oden will have microfracture surgery on left knee, out for season

PORTLAND, Ore. (AP) — For the third time in four years, Greg Oden's knees have betrayed him. The Portland Trail Blazers hastily called a press conference Wednesday night to announce that Oden, the No. 1 pick in the 2007 draft, will miss the season after ... (Source: Fort Lauderdale Sun-Sentinel 2010-11-18T10:54:40Z)

NM parking attendants ticket SUV with body 3 times

University of New Mexico parking attendants ticketed a rental vehicle parked on campus three times without noticing a dead woman slumped in the front seat. Police found the body of the 47-year-old woman in the sport utility vehicle on Nov. 11. Her husband ... (Source: Kansas City Star 2010-11-18T04:49:36Z)

UNM parking attendants ticket SUV with dead body 3 times

ALBUQUERQUE — University of New Mexico parking attendants ticketed a rental vehicle parked on campus three times without noticing a dead woman slumped in the front seat. University police found the body of 47-year-old Rochelle Cremona-Simmons of Virginia ... (Source: Carlsbad Current-Argus 2010-11-17T21:40:06Z)

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)

UPDATE 1-Wilmington Trust shareholders sue over sale to M&T

WILMINGTON, Del., Nov 8 (Reuters) - Wilmington Trust Corp ( WL.N ) has been sued by shareholders who accused the century-old bank of agreeing to sell itself on the cheap, causing its shares to nose dive. M&T Bank Corp ( MTB.N ) agreed last week to buy ... (Source: Reuters 2010-11-08T21:00:40Z)

Alleged Russian Arms Dealer Extradited To N.Y.

After more than two years of legal proceedings, alleged international arms dealer Viktor Bout has been extradited to New York from Thailand to stand trial on terrorism charges. Copyright © 2010 National Public Radio®. For personal, noncommercial use only ... (Source: NPR News 2010-11-18T06:22:39Z)

GM sets stock price for biggest IPO ever

General Motors Co's landmark stock sale is now set to raise up to $22.7 billion -- the biggest initial public offering in history -- allowing the U.S. government to drastically cut the stake it acquired when it rescued the iconic automaker in 2009. As ... (Source: msnbc.com 2010-11-17T21:25:47Z)

Blazers C Oden will have another knee surgery

PORTLAND, Ore. -- For the third time in four years, Greg Oden's knees have betrayed him. The Portland Trail Blazers hastily called a press conference Wednesday night to announce that Oden, the No. 1 pick in the 2007 draft, will miss the season after he has ... (Source: Forbes 2010-11-18T11:08:59Z)

Blazers center and former No. 1 pick Greg Oden to have another knee surgery and miss season

PORTLAND, Ore. (AP) — 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 ... (Source: Chicago Tribune 2010-11-18T06:44:08Z)

Wilmington Trust shareholders sue over sale to M&T

WILMINGTON, Del., Nov 8 (Reuters) - Shareholders sued the directors of Wilmington Trust Corp ( WL.N ) for agreeing to sell the bank on the cheap in a deal that sent the company's stock into a nosedive. M&T Bank Corp ( MTB.N ) said it would acquire its ... (Source: Reuters 2010-11-08T20:32:02Z)

Gonzalez thinks this could finally be THE year

FLOWERY BRANCH, Ga. -- Tony Gonzalez lets his mind drift at times. He sees himself standing on the field at the end of the Super Bowl, the confetti dropping all around, a championship finally his. Then he snaps back into the moment. "We're a long way from ... (Source: ESPN.com 2010-11-18T05:25:23Z)

Teens held at gunpoint called an 'overreaction'

Stacy Swallows only wanted to protect a private graveyard near his home in Sale Creek when he roadblocked nine teenagers late one night in early September and pointed an assault rifle at their cars, his friends and neighbors say. Too often there was ... (Source: Chattanooga Times Free Press 2010-11-18T04:56:45Z)

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)

Kayak files anticipated IPO, hopes for $50m

Kayak Software Corp., the online travel-information service provider, filed for a long-anticipated initial public offering yesterday, saying it hoped to raise $50 million from the sale of stock. Launched in 2004, Kayak's website enables shoppers to ... (Source: Boston Globe 2010-11-18T14:58:03Z)

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: Yahoo Finance 2010-11-17T23:20:19Z)

Latest Georgia Sports:

FLOWERY BRANCH, Ga. (AP) Tony Gonzalez lets his mind drift at times. He sees himself standing on the field at the end of the Super Bowl, the confetti dropping all around, a championship finally his. Then he snaps back into the moment. The future Hall of ... (Source: WCBD 2010-11-18T08:52:59Z)

Holding teens at gunpoint called an 'overreaction'

Stacy Swallows only wanted to protect a private graveyard near his home in Sale Creek when he roadblocked nine teenagers late one night in early September and pointed an assault rifle at their cars, his friends and neighbors say. Too often there was ... (Source: msnbc.com 2010-11-18T04:13:48Z)

VA-Based Company Makes First International Expansion

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: WHSV 2010-11-18T04:56:45Z)

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