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 2, 2010, 10:39 am

Recall election scheduled for city of Bell

The crowd outside Bell City Hall erupted in cheers when the City Council for the scandal-plagued Los Angeles suburb voted to hold a recall election, although many were not happy that they couldn't watch the historic moment in person. Minutes earlier ... (Source: AP - msnbc.com 2010-11-02T08:00:22Z)

O.N.G.C. Said to Eye Exxon Stake In Angolan Field

Oil and Natural Gas Corp. , the Indian state-run explorer, is in talks with Exxon Mobil 's Angolan arm to buy its 25 percent stake in an oil field for about $2 billion, The Economic Times reported. A unit of India's O.N.G.C., called O.N.G.C. Videsh ... (Source: New York Times Blogs 2010-11-01T08:30:11Z)

Arizona Wildcats a step quicker under quarterback Matt Scott

PASADENA, Calif. - Perhaps the best assessment of Matt Scott's performance in Saturday's 29-21 win over UCLA came from Nick Foles, who, upon exiting the locker room, made a beeline for Scott's parents and brother. "He did great," Foles told them, smiling ... (Source: AZCentral.com 2010-11-02T00:43:43Z)

EARNINGS ALERT: EMERSON ELECTRIC IS EXPECTED TO BEAT THE STREET ...

Nov 01, 2010 (SmarTrend(R) News Watch via COMTEX) -- Analysts, on average, expect Emerson Electric (NYSE:EMR) to report earnings of $0.78 per share on sales of $5.9 billion on November 02, 2010. For the full year, analysts expect the company to post EPS of ... (Source: Zacks.com 2010-11-02T09:54:54Z)

English clubs overtake Germans for shirt revenue

LONDON - The English Premier League has overtaken Germany's Bundesliga for attracting Europe's most lucrative shirt sponsorship deals, according to a study published on Thursday. The 12th SPORT+MARKT European Football Jersey Report shows England's top 20 ... (Source: CNBC 2010-10-28T16:56:01Z)

Avnet, Inc. to Ring 'Closing Bell' Marking 50 Years on the NYSEAvnet to Celebrate 50 Years on ...

Avnet, Inc. (NYSE:AVT), a leading global technology distributor, will commemorate its 50 th anniversary as a public company on the New York Stock Exchange (NYSE) by ringing the Closing Bell on Wednesday, December 15, 2010. As part of its celebration, Avnet ... (Source: Consumer Electronics Net 2010-11-01T23:03:30Z)

India may form consortium to buy Exxon's Angola stake

Some of India's state-owned oil companies may form a consortium to buy a 25% stake owned by Exxon Mobil Corp.'s Angolan arm—estimated to be worth around $2 billion—in an oil block in that country. ONGC Videsh Ltd (OVL), the overseas arm of Oil and ... (Source: Livemint.com 2010-11-01T19:28:45Z)

Bell City Council Votes To Put Recall Of Three Caught Up In Salary Scandal On The March Ballot

But seriously, Mayor Oscar Hernandez and Vice Mayor Teresa Jacobo endured jeers and a crowd so rowdy that it was cleared from council chambers by police Monday night. Councilman Lorenzo Velez, the one who was paid peanuts and never got caught up in the ... (Source: Los Angeles Weekly 2010-11-02T15:09:52Z)

Avnet, Inc. to Ring "Closing Bell" Marking 50 Years on the NYSE

PHOENIX - (BUSINESS WIRE) - Avnet, Inc. (NYSE:AVT), a leading global technology distributor, will commemorate its 50 th anniversary as a public company on the New York Stock Exchange (NYSE) by ringing the Closing Bell on Wednesday, December 15, 2010. As ... (Source: Newsblaze.com 2010-11-01T18:31:29Z)

2nd UPDATE: Probe Finds Washington Mutual Ch 11 Settlement Reasonable"

A court-appointed investigator Monday said a multibillion-dollar settlement of disputes arising out of the largest banking collapse in U.S. history, that of Washington Mutual Bank, or WaMu, is a "reasonable" deal for creditors of the thrift's former parent ... (Source: NASDAQ 2010-11-01T23:32:08Z)

Avnet, Inc. to Ring "Closing Bell" Marking 50 Years on the NYSE

Avnet, Inc. : (NYSE:AVT), a leading global technology distributor, will commemorate its 50 th anniversary as a public company on the New York Stock Exchange (NYSE) by ringing the Closing Bell : on Wednesday, December 15, 2010. As part of its celebration ... (Source: PR Inside 2010-11-01T18:38:38Z)

Canada will take Khadr back after one year: Lawyer

GUANTANAMO BAY U.S. NAVAL BASE, Cuba, and OTTAWA -- The Canadian government has agreed to a clause in Omar Khadr's plea bargain that says he will be returned to Canada after a year, his Canadian lawyer says. Khadr pleaded guilty Monday to murder, attempted ... (Source: Owen Sound Sun Times 2010-10-26T13:09:19Z)

UCLA vs. Arizona

For the second straight week, Arizona isn't sure if starting quarterback Nick Foles will be available. Because of backup Matt Scott's most recent performance, the No. 15 Wildcats probably feel a little more comfortable heading into Saturday's game at UCLA ... (Source: CBS Sports 2010-10-30T04:00:33Z)

Deals of the day -- mergers and acquisitions

Nov 1 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Monday. (For Reuters columns on deals, click on [DEALTALK/]) ** BHP Billiton ( BHP.AX ) is planning to raise ... (Source: Reuters 2010-11-01T09:20:18Z)

After one year, Canada will welcome back Khadr

GUANTANAMO BAY US NAVAL BASE, Cuba, and OTTAWA — The Canadian government has agreed to the terms of Omar Khadr's plea bargain, according to his Canadian lawyer. Khadr pleaded guilty Monday to murder, attempted murder, supporting terrorism, conspiracy and ... (Source: Toronto Sun 2010-10-25T17:28:12Z)

After A Five Month Stay (And $750M Acquisition), AdMob CEO Omar Hamoui Leaves Google

Last November, Google announced that it had acquired leading mobile ad network AdMob for a whopping $750 million. Today, less than a year after the deal closed, AdMob founder and CEO Omar Hamoui is leaving Google, we've confirmed with the company. Google ... (Source: TechCrunch 2010-10-30T00:54:26Z)

Ross Stores Still A Bargain Even At New Highs

Ross Stores ( ROST – Snapshot Report ) is an unusual breed. In 2009, when many retailers saw double-digit sales and earnings declines, the company was thriving. In 2010, as the economy is beginning to recover – albeit slowly – Ross Stores continues ... (Source: Forbes (blog) 2010-11-02T11:56:35Z)

England overtakes Germany in shirt deals, study shows

MADRID (Reuters) - The English Premier League has leapfrogged Germany's Bundesliga as the biggest earner from shirt sponsorship, according to a study by consulting firm Sport+Markt published on Thursday. Despite tough times for the British economy ... (Source: Reuters India 2010-10-28T15:22:57Z)

TAL International Group Inc. (TAL): Zacks Rank Buy

One thing is certain from the recent third quarter results of TAL International Group Inc. (NYSE: TAL - News ), the global shipping container company: the global economic recovery continues full steam ahead. Utilization rates for its containers were at a ... (Source: Yahoo Finance 2010-11-02T04:54:15Z)

Redskins to work out former Raiders QB JaMarcus Russell

While Washington enters its bye this week, the Redskins are aren't taking the whole rest advice to heart. Instead they're busy working out quarterback JaMarcus Russell. The former Oakland Raiders' No. 1 overall pick in 2007 was just one of several ... (Source: Sporting News 2010-11-02T16:21:27Z)

AdMob founder Omar Hamoui leaves Google

Roughly a year after Google first agreed to acquire mobile advertising network AdMob for $750 million, AdMob founder and CEO Omar Hamoui is leaving the digital services giant, citing personal reasons. "[Hamoui] built a fantastic business in a short period ... (Source: Fiercemobilecontent 2010-11-01T12:26:25Z)

Google's 2010 tally: $1.6B on 40 deals

Google Inc. said in a regulatory filing on Friday that it spent $1.6 billion in 40 acquisitions in the first nine months of the year. The biggest acquisition of the year was mobile advertising company AdMob Inc. which the search giant said it spent $681 ... (Source: Birmingham Business Journal 2010-11-01T21:51:55Z)

WaMu examiner deals blow to shareholders

Washington Mutual Inc.'s settlement with JPMorgan Chase and federal regulators is reasonable because it will end their court battles over the largest failure of a U.S. bank, a court-appointed examiner found. Lawyer Joshua Hochberg said fighting JPMorgan ... (Source: Seattle Times 2010-11-02T01:19:30Z)

Maven Semantic Releases Neurodegenerative Research Database

Nov 02, 2010 (Close-Up Media via COMTEX) -- Maven Semantic announced updates to its Neurodegenerative research database. According to a release, the new database is now available to marketing, business development, competitor intelligence, KOL, medical ... (Source: TMCnet 2010-11-02T07:03:06Z)

JaMarcus Russell, 2007's No. 1 Overall Draft Pick, Works Out With Redskins

Yes, folks, it's finally happened. Mike Shanahan has done the dreaded: He's called former No. 1 pick J-Marc to come try out in D.C. Russell has been removed from the league all season after being cut by Oakland, following an arrest for possessing large ... (Source: Bleacherreport.com 2010-11-02T16:42:55Z)

UPDATE: Probe Finds Washington Mutual Ch 11 Settlement Reasonable"

A court-appointed investigator Monday said a multi-billion-dollar settlement of disputes arising out of the largest banking collapse in U.S. history, that of Washington Mutual Bank, or WaMu, is a "reasonable" deal for creditors of the thrift's former ... (Source: NASDAQ 2010-11-01T21:51:55Z)

Report: JaMarcus Russell to Work Out for Redskins Tuesday

Mike Shanahan replaced Donovan McNabb with the incomparable Rex Grossman with the game on the line against Detroit on Sunday. Now, he may be looking to bring in JaMarcus Russell to breathe down McNabb's neck as well. Russell, who has been out of football ... (Source: NESN.com 2010-11-02T15:52:49Z)

City Council in scandal-plagued city of Bell votes to hold recall election on March 8

BELL, Calif. (AP) — The City Council for the scandal-plagued Los Angeles suburb of Bell has voted to hold a recall on March 8. The council voted 3-0 Monday to approve the motion. The vote came moments after police cleared the City Council chambers of a ... (Source: WHO-TV 2010-11-02T05:08:34Z)

Halftime: Arizona 19, UCLA 7

Arizona is dominating UCLA, though the not-insurmountable 12-point margin is due to getting a couple of field goals instead of touchdowns on drives. The Wildcats, who again started Matt Scott at quarterback for Nick Foles , outgained the Bruins 373 yards ... (Source: ESPN.com 2010-10-30T21:32:49Z)

Saskatchewan eyes legal options in case Ottawa approves BHP's bid for PotashCorp

REGINA - Political pressure for Ottawa to block BHP Billiton's takeover of PotashCorp mounted Monday as Conservative MPs from Saskatchewan faced criticism and the province's premier warned of legal action if the deal is approved. Federal NDP Leader Jack ... (Source: Brandon Sun 2010-11-02T03:14:02Z)

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