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, 9:40 am

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)

Stonehenge prehistoric site raises millions for makeover, but still seeks funds for big revamp

LONDON - Stonehenge is getting a multimillion-pound (-dollar) grant that conservators say will help restore some dignity to a World Heritage site blighted by busy roads and cramped facilities. English Heritage said Friday that it now has about two-thirds ... (Source: Minneapolis Star Tribune 2010-11-19T15:18:20Z)

GM brings in $23 billion; government's ownership might be cut to a third

NEW YORK - General Motors stock rose sharply in its first minutes of buying and selling, going for nearly $36 per share -- almost $3 more than the price GM set for the initial public offering. The stock pulled back slightly by early afternoon and closed at ... (Source: Herald Tribune 2010-11-19T07:11:34Z)

Stonehenge secures £10m HLF investment

Plans to enhance the visitor experience at Stonehenge, Wiltshire, have received a £10m boost from the Heritage Lottery Fund (HLF). The grant will help plug a funding shortfall for the creation of a £27m visitor centre at the prehistoric monument, which ... (Source: Leisure Opportunities 2010-11-19T12:48:01Z)

Chinese woman sent to labor camp

BEIJING (AP) — China has sentenced a woman to a year in a labor camp for "disrupting social order" by retweeting a satirical message urging Chinese protesters to smash the Japan pavilion at the Shanghai Expo, an international rights group said ... (Source: Jamestown Sun 2010-11-19T13:38:07Z)

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)

Tweet costs Chinese woman a year in labor camp

A Chinese woman was sentenced to one year in a labor camp Wednesday after she forwarded a satirical microblog message that urged recipients to attack the Japanese Pavilion at the Shanghai World Expo, human rights groups said Thursday. The woman, Cheng ... (Source: San Francisco Gate 2010-11-19T08:23:09Z)

Drifter convicted of murdering NYC college student from Mass. while watching horror movie

NEW YORK — A drifter was convicted Thursday of strangling a college student while watching a horror movie, after a chance encounter between the sophomore from small-town Massachusetts and the drug user who would later tell police he killed out of boredom ... (Source: Republic 2010-11-18T17:42:41Z)

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)

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)

Annika to play vs. men at Pebble Beach

Who's streaking and who's slumping? Check out the top 10 in the World Golf Rankings here . The annual event held at Pebble Beach, Spyglass Hill Golf Course and Del Monte Golf Course, is the only head-to-head, 72-hole competition among the men and women who ... (Source: FOXSports.com 2010-11-17T23:41:47Z)

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)

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)

Private equity must accept lower returns-Guy Hands

PARIS, Nov 18 (Reuters) - Private equity is plagued by too many players, overblown expectations of returns and up to $1 trillion in uninvested cash, Terra Firma TERA.UL Chairman Guy Hands told a conference in Paris on Thursday. A founder of Terra Firma and ... (Source: Reuters 2010-11-18T18:04:10Z)

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)

A 1-2 finish: Robert Garrigus, Roland Thatcher both feel like winners at Disney

LAKE BUENA VISTA, Fla. - One surged from behind to run away with the tournament. The other coughed it up and settled for second. Then both claimed victory. Only at Disney World. Robert Garrigus came back from five strokes down in the final round to win the ... (Source: Minneapolis Star Tribune 2010-11-15T07:37:48Z)

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)

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)

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)

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)

AP Nation and World

SAIC, which stands for Shanghai Automotive Industrial Corp., said it would raise the funds needed to finance the share purchase in the Hong Kong financial market. It did not give further details on that plan. Automakers like GM are looking to China to ... (Source: Charleston Daily Mail 2010-11-18T22:36:11Z)

Chinese Woman Imprisoned for Twitter Message

BEIJING — A Chinese woman was sentenced to one year in a labor camp on Wednesday after she forwarded a satirical microblog message that urged recipients to attack the Japanese Pavilion at the Shanghai World Expo, human rights groups said Thursday. The ... (Source: New York Times 2010-11-19T00:59:21Z)

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)

£10m boost for Stonehenge centre project

A £27 million project to build a new visitor centre at Stonehenge in Wiltshire has received a boost after the Heritage Lottery Fund confirmed it was contributing £10 million to the scheme. The project to improve the World Heritage Site, including ... (Source: Sunderland Echo 2010-11-19T13:30:58Z)

GM RETURNS WITH A FLOURISH

NEW YORK — General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a $50 billion infusion from taxpayers. The stock rose sharply in its ... (Source: Monterey County Herald 2010-11-19T09:34:44Z)

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)

Matt Bettencourt shoots 64 to take 2-stroke lead in Pebble Beach Invitational

PEBBLE BEACH, Calif. - PGA Tour winner Matt Bettencourt shot an 8-under 64 at Del Monte on Thursday to take a two-stroke lead in the Pebble Beach Invitational, while Annika Sorenstam opened with a 69 at Del Monte in a rare competitive start since her ... (Source: Minneapolis Star Tribune 2010-11-19T08:44:38Z)

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