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Deals of the Hour / November 19, 2010, 8:42 am

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)

Black Friday 2010 Sales: Wal-Mart, Sears, K-Mart and Target Deals

Black Friday 2010 waits for no one, Wal-Mart, Target, Sears and K-Mart and other retailers are presenting slashed prices on electronic items and more Christmas wish list gifts early and often. Some ads have leaked. The Examiner has these HDTV Deals from ... (Source: National Ledger 2010-11-15T13:57:11Z)

Sports in Brief: New MLS team picks DeMerit

The Vancouver Whitecaps have made United States defender Jay DeMerit their first Major League Soccer signing. The Whitecaps will join MLS next season. DeMerit's contract with English club Watford expired before the World Cup. The 30-year-old from Wisconsin ... (Source: Philadelphia Daily News 2010-11-19T07:54:31Z)

World stock markets rebound after string of losses

BANGKOK — World stock markets were higher Thursday as European officials sought a way to fix the region's debt crisis and China appeared poised to cool rising food costs with price controls rather than an interest rate hike that could slow growth ... (Source: msnbc.com 2010-11-18T07:48:33Z)

Rolls-Royce IDs Airbus engine issues

BERLIN — Rolls-Royce modified a problematic section on new models of its engine for the world's largest jetliner months before one caught fire and blew apart over Indonesia, a Lufthansa spokesman said Thursday. The chief executive of Qantas, meanwhile ... (Source: Wichita Eagle 2010-11-19T05:52:50Z)

China firm's stake in GM: Investment or diplomacy?

SHANGHAI — General Motors Co.'s main joint venture partner in China, SAIC Motor Corp., says it has bought a nearly 1 percent stake in the American automaker through its initial public offering. SAIC, which is owned by the Shanghai city government, said ... (Source: Toronto Star 2010-11-18T16:02:28Z)

World shares mixed amid China rate hike jitters

World stocks were mixed Friday as speculation that China may be preparing to hike interest rates to combat inflation tempered a Wall Street rally fueled by an upswing in U.S. manufacturing. Oil prices crept above $82 a barrel as investors weighed signs of ... (Source: AP - msnbc.com 2010-11-19T08:51:47Z)

Rolls-Royce was fixing engines before jet incident

BERLIN - Rolls-Royce was changing a problematic part on new models of its engine for the world's largest jetliner months before one caught fire and blew apart over Indonesia, a Lufthansa spokesman said Thursday. The chief executive of Qantas also said that ... (Source: Philadelphia Daily News 2010-11-19T08:01:41Z)

Associated Press

China's SAIC buys nearly 1 percent stake in GM SHANGHAI (AP) -- General Motors Co.'s main joint venture partner in China, SAIC Motor Corp., says it has bought a nearly 1 percent stake in the American automaker through its initial public offering. SAIC ... (Source: Associated Press 2010-11-18T16:23:57Z)

China's SAIC buys nearly 1 percent stake in GM

SHANGHAI (AP) — General Motors Co.'s main joint venture partner in China, SAIC Motor Corp., said Thursday it has bought a nearly 1 percent stake in the American automaker's share offering. SAIC paid $33 a share for about 0.97 percent of GM at a total ... (Source: The Oakland Press 2010-11-19T06:14:18Z)

GameStop: Move and Kinect will be as big as Wii

GameStop CEO Tony Bartel isn't just hopeful about the chances of Kinect and PlayStation Move -- he's practically declared them the champions of the world. Claiming that Microsoft and Sony's waggle interfaces will evoke the "Wii phenomenon" and cause huge ... (Source: DESTRUCTOID 2010-11-19T15:39:49Z)

GameStop: Kinect 'in short supply' for the holidays

GameStop isn't pulling any punches with its expectations of product supply this holiday season. Speaking to investors during an earnings call yesterday, GameStop president Tony Bartel said that customers shouldn't wait to get their hands on Kinect ... (Source: CNET News 2010-11-19T15:54:08Z)

World record holder Haile Gebrselassie retires after knee tendinitis forces him out of New York City Marathon

NEW YORK — The final steps of world-record holder Haile Gebrselassie's storied racing career occurred on the Queensboro Bridge in the 16th mile of today's New York City Marathon. It was there that Gebrselassie, who finished the Berlin Marathon in a ... (Source: NJ.com 2010-11-08T00:36:36Z)

USA World Cup Star Jay Demerit Becomes First Whitecaps FC Major League Soccer Signing

VANCOUVER, BC - Vancouver Whitecaps FC announced today the signing of American international and former Watford FC captain Jay DeMerit - pending his international transfer certificate. DeMerit becomes the first player named to the Whitecaps FC Major League ... (Source: OurSports Central 2010-11-18T18:39:57Z)

Summerfest 2011 dates announced, but closed on July 4th

It's still Fall, but The Examiner has just received word that Summerfest 2011 will be closed on July 4. So why did the planners decide upon this? Don Smiley, President and CEO of Milwaukee World Festival said, "As stewards of Summerfest and Henry Maier ... (Source: Examiner 2010-11-19T04:55:34Z)

Haile Gebrselassie says he will run at 2012 Olympics in London after ending brief retirement

ADDIS ABABAS, Ethiopia - Ethiopian great Haile Gebrselassie says he plans to run at the 2012 Olympics in London after reversing his decision to retire. The 37-year-old marathon world record holder pulled out of the New York Marathon this month and ... (Source: Minneapolis Star Tribune 2010-11-19T12:48:01Z)

Expansion Whitecaps sign U.S. defender DeMerit

Vancouver Whitecaps FC, which will join Major League Soccer in 2011, signed U.S. defender and former Watford FC captain Jay DeMerit on Thursday. DeMerit has earned 23 caps with the U.S. and started all four matches during last summer's FIFA World Cup ... (Source: WOAI 2010-11-19T15:32:39Z)

European stocks close up on hopes for crisis fix

BANGKOK (AP) — World stocks tumbled Thursday as an interest rate hike in South Korea and measures to control inflation in China underlined that Asia 's robust growth, a powerful force in the global recovery, is now facing strong headwinds. Chinese shares ... (Source: Daily Oklahoman 2010-11-17T17:00:55Z)

GameStop posts higher 3Q earnings, revenue

NEW YORK -- GameStop Corp. , the world's largest video game retailer, said Thursday its fiscal third-quarter net income climbed as sales of popular new titles such as "Halo: Reach" and "Fallout: New Vegas" boosted revenue. For the three months ended Oct ... (Source: Forbes 2010-11-18T19:30:04Z)

Summerfest Will Take 1 Day Off

Summerfest organizers said the festival will run Wednesday, June 29 through Sunday, July 3, break for the holiday, then resume on Tuesday, July 5 and run through Sunday, July 10. Summerfest's parent company, Milwaukee World Festival, said the adjustment is ... (Source: WISN.com 2010-11-19T01:27:59Z)

Black Friday 2010 Ad Leak Alert; Sears, Best Buy, Walmart, & Target

Black Friday alert! Black Friday 2010 is coming, and everybody wants to be in on the deal. Best Buy, Walmart, Target, Kmart, Sears & Lowes all have 2010 Black Friday ads that have been leaked to the internet. This year Black Friday falls on Friday, Nov. 26 ... (Source: Post Chronicle 2010-11-19T10:53:29Z)

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)

London Olympics back on Gebrselassie's schedule

ADDIS ABABAS, Ethiopia -- Ethiopian great Haile Gebrselassie plans to run at the 2012 Olympics in London after reversing his decision to retire. The 37-year-old marathon world record holder pulled out of the New York Marathon with a knee injury this month ... (Source: CBS Sports 2010-11-19T13:16:39Z)

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)

Man convicted of murdering NYC college student

NEW YORK (AP) - A drifter has been convicted of murdering a college student from Massachusetts while watching a horror movie at his New York City apartment. A jury delivered its verdict Thursday in Jeromie Cancel's (JEHR'-ah-mee kan-SEHL') trial in ... (Source: Charleston Daily Mail 2010-11-19T02:32:24Z)

Milwaukee County to Repair O'Donnell Park

MILWAUKEE - County supervisors approved funding to repair O'Donnell Park after the deadly concrete collapse. The collapse, which happened during Summerfest, took the life of 15 year old Jared Kellner. He was walking near the O'Donnell Park parking garage ... (Source: msnbc.com 2010-11-19T01:13:40Z)

Drifter convicted of murdering NYC college student

Jump to story headline MSN Hotmail More Autos My MSN Video Careers & Jobs Personals Weather Delish Quotes White Pages Games Real Estate Wonderwall Horoscopes Shopping Yellow Pages Local Edition Traffic Feedback Maps & Directions Travel Full MSN Index Bing ... (Source: AP - msnbc.com 2010-11-19T05:45:40Z)

Qantas A380s may not fly for several weeks: source

By Balazs Koranyi and Rhys Jones SYDNEY/LONDON (Reuters) - Airbus A380s operated by Qantas Airways may be grounded for weeks as Rolls-Royce plans how to fix an engine problem which forced one of the superjumbos into an emergency landing, sources said. "It ... (Source: msnbc.com 2010-11-19T14:42:33Z)

Black Friday 2010 Ads help Holiday Shoppers beat Inflation

Holiday shoppers may be using Black Friday 2010 ads from Walmart, Sears, Kmart and other retailers for a different reason this year. Especially if they are regular viewers of 'The Glenn Beck Show' on Fox News Channel. This week, Glenn Beck focused on ... (Source: RIGHTPUNDITS.COM 2010-11-19T16:08:27Z)

AP Nation and World

Pravia's friends had helped him into a cab after partying together, but he apparently didn't go straight up to his apartment after being dropped off. Instead, he apparently invited Cancel to his home. Cancel told police that Pravia asked to buy cocaine ... (Source: Charleston Daily Mail 2010-11-19T02:32:24Z)

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