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 19, 2010, 10:42 am

CITIGROUP DISCUSSES WILLIAMS PARTNERS' VENTURE WITH CABOT OIL & GAS; HIKES ...

Nov 19, 2010 (SmarTrend News Watch via COMTEX) -- Citigroup Inc. lifted its 2011 EPS estimate for Williams Partners LP (NYSE:WPZ) on Friday, from $3.19 to $3.29, according to a research note. Citigroup maintained a Buy rating and its 2010 EPS estimate of $ ... (Source: Zacks.com 2010-11-19T14:06:45Z)

New York Jets offer to host boy who allegedly was tackled by Browns fan

Television viewers in southwest Ohio and northern Kentucky won't see Sunday's game between the 2-7 Cincinnati Bengals and 1-8 Buffalo Bills — even if they want to. The Bengals announced Thursday that they failed to sell out a game 72 hours in advance for ... (Source: Los Angeles Times 2010-11-19T02:18:05Z)

The Short And Tweet of KFC's $20,000 College Scholarship Offer

KFC restaurant chain launched a scholarship campaign. KFC is using Twitter to reach out to a younger generation. Applicants must use 140 characters or less to explain why they deserve the $20,000 scholarship. "KFC is asking college hopefuls to tweet why ... (Source: Newsblaze.com 2010-11-18T15:33:50Z)

Guy Hands Reflects on EMI Deal

PARIS—Terra Firma Capital Partners LP founder Guy Hands said he and his private-equity firm would "look like geniuses" if they hadn't bought EMI Group PLC, as he made his first public appearance since losing a high-profile lawsuit over the storied ... (Source: Wall Street Journal 2010-11-18T19:30:04Z)

Phillies reach two-year deal with Contreras

PHILADELPHIA -- The Big Truck will be back in 2011. Jose Contreras on Monday signed a two-year, $5.5 million contract with the Phillies that also includes a club option for 2013 and performance bonuses. Contreras, who turns 39 next month, went 6-4 with a 3 ... (Source: Philadelphia Phillies 2010-11-15T05:36:06Z)

Pfizer, Bristol-Myers Bloodthinner Halted on Bleeding

Nov. 19 (Bloomberg) -- Pfizer Inc. and Bristol-Myers Squibb Co. halted a trial of their experimental blood thinner after an increase in bleeding outweighed benefits for patients who recently suffered a heart attack or severe chest pain. The treatment ... (Source: BusinessWeek 2010-11-19T14:56:52Z)

Air China announces $4.5 billion Airbus deal

Air China is to buy 20 passenger planes from Airbus in deal worth nearly 4.5 billion US dollars, the airline said in a statement filed with the Hong Kong stock exchange Thursday. China's flagship carrier said it would acquire 10 Airbus A330 and 10 Airbus ... (Source: People's Daily Online 2010-11-19T01:13:40Z)

Bengals Sign DE Adeyanju, Fanene To IR

CINCINNATI, Ohio -- The Cincinnati Bengals have signed fifth-year NFL defensive end Victor Adeyanju and put Jonathan Fanene on injured reserve. Fanene hasn't played since suffering a hamstring injury Oct. 24 at Atlanta, and saw only limited action earlier ... (Source: WHIO TV 2010-11-19T16:15:36Z)

AIG Extends Offer To Exchange Its Equity Units

American International Group, Inc. (AIG) announced today that it has extended its offer to exchange up to 74,480,000 of its Equity Units consisting of Corporate Units for consideration per Corporate Unit equal to 0.09867 shares of its common stock plus $3 ... (Source: Street.Com 2010-11-17T22:08:44Z)

KFC offering $20k to student w/ best tweet

LOUISVILLE, Ky. (KABC) -- KFC wants to give away $20,000 to a deserving student who can keep their application very brief. The fast food giant is offering a scholarship to students who tweet a message on Twitter about why they deserve it. The tweet has to ... (Source: KABC 2010-11-18T21:53:14Z)

Early Glance: Pharmaceuticals companies

Shares of some top pharmaceuticals companies are mixed at 10 a.m.: Baxter rose $.01 or percent, to $51.10. Bristol-Myers Squibb fell $.33 or 1.3 percent, to $25.99. Hospira rose $.04 or .1 percent, to $57.31. Johnson & Johnson rose $.20 or .3 percent, to $ ... (Source: AP - msnbc.com 2010-11-19T15:32:39Z)

Air China announces US$4.49 bil. purchase order for 10 Airbus planes

Air China is to buy 20 passenger planes from Airbus in deal worth US$4.49 billion, the airline said in a statement filed with the Hong Kong stock exchange on Thursday. China's leading carrier said it would acquire 10 Airbus A330 and 10 Airbus A350 series ... (Source: China Post 2010-11-19T15:46:58Z)

UPDATE 1-Cabot to sell certain midstream assets for $150 mln

* Deal includes 25-year gathering agreement * Says deal includes 75 miles of gathering pipelines Nov 18 (Reuters) - Cabot Oil & Gas Corp ( COG.N ) said it will sell its Pennsylvania midstream assets to a unit of Williams Partners L.P. ( WPZ.N ) for $150 ... (Source: Reuters 2010-11-18T23:19:08Z)

NFL notes: Bengals' game blacked out in Cincinnati, Lexington

Television viewers in Lexington won't see Sunday's game between the 2-7 Cincinnati Bengals and 1-8 Buffalo Bills in Cincinnati — even if they want to. The Bengals announced Thursday that they failed to sell out a game 72 hours in advance for the first ... (Source: Lexington Herald-Leader 2010-11-19T13:38:07Z)

Aeroflex Holding Corp. Announces Pricing of Its Initial Public Offering

PLAINVIEW, N.Y.--(BUSINESS WIRE)-- Aeroflex Holding Corp. (the "Company") (NYSE: ARX - News ) announced today the pricing of the initial public offering of 17,250,000 shares of its common stock, all of which are being issued and sold by the Company, at a ... (Source: Yahoo Finance 2010-11-18T23:40:36Z)

Guys Hands Focuses On 'Next Deal'

In his first public comments since losing a lawsuit against Citigroup over the EMI deal, Guy Hands said his buyout firm Terra Firma would have "looked like geniuses" if it had not bought EMI Group in 2007. He was speaking at the Nov. 18 Superinvestor ... (Source: Billboard Business News 2010-11-19T14:35:23Z)

Barefoot Bandit' Suspect Weighs Book Deal

SEATTLE (AP) — The lawyer for the teenager accused of being the "Barefoot Bandit" is working with prosecutors to negotiate a plea deal the lawyer says could involve using movie- or book-deal profits to compensate the victims of an alleged two-year ... (Source: New York Times 2010-11-19T02:39:34Z)

Bristol-Myers Squibb Announces the Early Results of its Cash Tender Offer For Up to $750 Million Aggregate ...

Bristol-Myers Squibb will accept for payment $750 million aggregate principal amount of notes. Tendered notes will be accepted in the order of the acceptance priority levels set forth in the table above, except that the aggregate principal amount of 6.125% ... (Source: FiercePharma 2010-11-18T00:17:35Z)

Deals of the day--mergers and acquisitions

Nov 19 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Friday. (For Reuters columns on deals: [DEALTALK/]) ** India-focused mining group Vedanta Resources Plc ... (Source: Reuters 2010-11-19T09:56:13Z)

'Barefoot Bandit' pleads not guilty to crimes

SEATTLE (KABC) -- The so-called "Barefoot Bandit" is reportedly working on a plea deal on both federal and state charges against him. Harris-Moore is accused of going on a crime spree that began in 2008 after he walked out of a Seattle halfway house ... (Source: KABC 2010-11-18T19:58:42Z)

UPDATE 1-Vedanta seals $6 bln financing for Cairn India deal

* Four tranches with maturities of 18 months to 3 years * To finance purchase of Cairn India stake of up to $9.6 bln (Adds details, background) London-listed Vedanta said in a statement the financing would be structured in four tranches, with maturities of ... (Source: Reuters India 2010-11-19T07:33:03Z)

Barefoot Bandit' to Repay Victims With Movie, Book Deal Profits

Colton Harris-Moore's lawyer says he was "very reluctant to make a dime off" his crimes, but "changed his mind" when he learned he could gain a more favorable plea deal. The "Barefoot Bandit" may repay his victims by selling a movie or book about ... (Source: Hollywood Reporter 2010-11-19T14:35:23Z)

Contreras agrees to 2-year deal with Phillies

If Jose Contreras can give the Phillies two more seasons like the one he just turned in, he will prove to be one of the bigger bullpen bargains in the big leagues. That's hardly a guarantee, considering the fact that the massive righthander will be 39 in ... (Source: FOXSports.com 2010-11-16T12:15:47Z)

Vitacost.com, Inc. Receives NASDAQ Notification Letter

BOCA RATON, Fla.--(BUSINESS WIRE)-- Vitacost.com, Inc. (NASDAQ: VITC - News ), a leading online retailer and direct marketer of health and wellness products, announced today that the Company received a letter from The NASDAQ Stock Market ("NASDAQ ... (Source: Yahoo Finance 2010-11-18T21:10:17Z)

Vedanta seals $6 billion financing for Cairn India deal

LONDON (Reuters) - India-focused mining group Vedanta Resources Plc agreed a $6 billion financing deal with a consortium of banks to help fund its proposed acquisition of a majority stake in the Indian unit of Cairn Energy. London-listed Vedanta said in a ... (Source: Reuters 2010-11-19T07:33:03Z)

Phillies seem ready to move on without Jayson Werth

ORLANDO - Ruben Amaro Jr. left the general managers' meetings Thursday without making any significant news. The off-season process is young, so there's no reason to sound any sirens or file a grievance with the complaints department. "We had some ... (Source: Philadelphia Daily News 2010-11-19T12:33:42Z)

China's leading carrier said it would acquire 10 Airbus A330s as part of the deal

An Airbus A330. Air China said Thursday it will buy 20 passenger planes from Airbus -- including 10 A330s -- in adeal worth 4.49 billion US dollars, according to a statement it filed with the Hong Kong stock exchange on Thursday. (Source: Big Hollywood 2010-11-18T16:09:38Z)

Williams Partners To Buy Cabot Marcellus Shale Assets For $150 Million

Cabot Oil & Gas Corp. ( COG ) is selling some of its midstream shale assets in the Marcellus Shale in Pennsylvania to Williams Partners LP ( WPZ ) in a $150 million deal that includes a 25-year gathering agreement. Williams Partners is the holder of gas ... (Source: NASDAQ 2010-11-18T23:19:08Z)

Hands sets out plans after losing EMI case

Guy Hands has sought to draw a line under the ill-fated acquisition of music group EMI by his Terra Firma private equity group by saying he was focused on "the next deal". In his first public comments since losing a high-profile lawsuit against ... (Source: Financial Times 2010-11-19T03:51:08Z)

Tweet your way to a scholarship

KFC wants to give away $20,000 to a deserving student who can keep their application very brief. The fast food giant is offering a scholarship to students who "tweet" a message on twitter with the word "#KFCscholar" Applicants must be high school seniors ... (Source: Today's THV 2010-11-18T19:37:13Z)

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