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, 3:40 pm

Clinton revisiting W.Va. for Manchin, Rahall

Former President Bill Clinton returned to West Virginia on Monday, in the hope he could help deliver victories for longtime Democratic congressman Nick Rahall and popular Gov. Joe Manchin. Several hundred people crowded outside the Tamarack artisan center ... (Source: AP - msnbc.com 2010-11-01T20:04:32Z)

Tigers decline option on Jhonny Peralta, work on deal

In a move that was anything but a surprise, the Tigers on Tuesday declined their 2011 option on infielder Jhonny Peralta, even as they continue to work on a multi-year deal with a player who likely will be Detroit's starting shortstop in 2011. The Tigers ... (Source: Detroit News 2010-11-02T19:41:53Z)

Clinton urges Cambodia to strike balance with China

PHNOM PENH, CAMBODIA - Secretary of State Hillary Rodham Clinton on Monday called on Cambodia to maintain an independent foreign policy and avoid relying too much on China. Clinton is on the second leg of a seven-country swing through Asia . The trip is ... (Source: Washington Post 2010-11-02T07:31:44Z)

UK, France ditch rivalry, sign defense deal

What would Napoleon or Lord Nelson make of this? Britain and France struck a historic defense deal Tuesday aimed at preserving military muscle in an age of austerity, pledging to deploy troops under a single command, share aircraft carriers and collaborate ... (Source: AP - msnbc.com 2010-11-02T22:19:22Z)

Supreme Court questions whether Calif. may ban sale of violent video games to minors

Several Supreme Court justices strongly questioned during an animated argument Tuesday whether California's attempt to bar the sale of violent video games to minors could possibly meet constitutional muster. But others noted in detail the graphic and ... (Source: Washington Post 2010-11-02T17:33:02Z)

UK, France To Share Defense, Security Duties

(LONDON) — Europe's two nuclear-armed powers will strike a deal Tuesday to share warhead testing facilities as the leaders of Britain and France finalize plans for unprecedented cooperation on defense and security. British Prime Minister David Cameron ... (Source: Time 2010-11-02T14:41:14Z)

Violent Video Games Case Heard by Supreme Court

(AP) The Supreme Court on Tuesday expressed sympathy for a California law that aims to keep children from buying ultra-violent video games in which players maim, kill or sexually assault images of people but justices seemed closely split on whether the ... (Source: CBS News 2010-11-02T21:50:44Z)

3rd UPDATE: AIG Closes Alico Sale; Treasury Seen Making Profit

The U.S. Treasury Department said Monday it expects to earn a profit on its loans to and investments in American International Group Inc. ( AIG ), the troubled insurer it helped bail out at the height of the financial crisis. Treasury's announcement ... (Source: NASDAQ 2010-11-01T21:59:04Z)

France, Britain sign treaties calling for unprecedented military cooperation

PARIS - France and Britain signed treaties outlining unprecedented military cooperation Tuesday, including a joint rapid-deployment force and shared laboratories for maintaining and testing nuclear warheads. The pacts, announced at a summit conference in ... (Source: Washington Post 2010-11-02T18:37:27Z)

Justices skeptical about curbing sales of violent video games

WASHINGTON -- A California law that bans selling violent video games to minors continued its rocky legal tour Tuesday as members of the Supreme Court seemed troubled by the law's vagueness and unmoved by arguments to uphold the measure, which would create ... (Source: Sacramento Bee 2010-11-02T21:22:06Z)

EA sales fall; shares decline on forecast

SAN FRANCISCO (MarketWatch) -- Electronic Arts Inc. managed to report a surprise profit on an adjusted basis for the second fiscal quarter despite a strong drop in sales due to difficult comparisons with the same period last year. The video game publisher ... (Source: MENAFN 2010-11-02T20:39:09Z)

Tigers optimistic they'll reach a deal with Peralta

DETROIT -- After they re-signed Brandon Inge on Thursday, the Tigers' last bit of dealings before baseball's offseason begins is to take care of the other part of the left side of their infield. And by all accounts, they're upbeat that they'll reach a deal ... (Source: Major League Baseball 2010-10-22T05:07:18Z)

British PM Cameron to visit Beijing next week

BEIJING -- British Prime Minister David Cameron will visit Beijing next week at the head of the largest official British delegation to travel to the country, China's Foreign Ministry said Tuesday. Cameron will meet with leading officials including ... (Source: Raleigh News & Observer 2010-11-02T09:19:07Z)

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)

Asset Sales Raise $37 Billion For AIG's Bailout Payback

American International Group said Monday it has raised almost $37 billion to repay the U.S. government part of the bailout funds it received during the financial crisis. AIG said it will use proceeds from the ALICO and AIA transaction to repay its credit ... (Source: Forbes 2010-11-01T17:34:13Z)

M&T Bank to buy Wilmington Trust in $351 million deal

M&T Bank Corp. said Monday it is paying about $351 million for beleaguered Wilmington Trust Corp., whose loan portfolio has been deteriorating with no end in sight. Wilmington Trust Chairman and CEO Donald Foley said the board examined numerous ... (Source: Baltimore Sun 2010-11-01T22:06:14Z)

Lions Gate Deal Thwarting Icahn Buyout Bid Is Upheld

(Adds Lions Gate filing in New York in seventh paragraph.) Nov. 1 (Bloomberg) -- Carl Icahn lost his bid in a Canadian court to nullify a Lions Gate Entertainment Corp. transaction that hobbled his hostile bid to buy the studio. The British Columbia ... (Source: BusinessWeek 2010-11-01T23:32:08Z)

M&T Bank buys Wilmington Trust for $351 million in stock

Wilmington Trust investors dumped the stock on Monday. The bank's shares tumbled $2.97, or 42 percent, to $4.14 in afternoon trading. Shares of M&T rose $3.04, or 4 percent, to $77.79. The deal comes after Wilmington Trust, based in Wilmington, Del ... (Source: Cleveland Plain Dealer 2010-11-01T18:31:29Z)

Lions Gate Deal to Boost Rachesky's Stake Is Upheld By Court

Nov. 1 (Bloomberg) -- Lions Gate Entertainment Corp.'s deal to increase the number of shares held by board member Mark Rachesky, a move challenged by hostile suitor Carl Icahn, was upheld by a Canadian court. Icahn's petition to undo the deal was ... (Source: BusinessWeek 2010-11-01T18:17:10Z)

Clinton aims to give Manchin, Rahall a final boost in W.Va. Senate and House races

BECKLEY, W.Va. - Former President Bill Clinton has returned to West Virginia in hopes he can help deliver victories for longtime Democratic congressman Nick Rahall and popular Gov. Joe Manchin. Several hundred people crowded outside the Tamarack artisan ... (Source: Minneapolis Star Tribune 2010-11-01T21:08:58Z)

China objects to US offer over disputed islands

BEIJING -- China objected Tuesday to a U.S. offer to broker three-way talks with Japan over disputed islands in the East China Sea, saying it was "very wrong" for the United States to get involved in the territorial disagreement. U.S. Secretary of State ... (Source: Raleigh News & Observer 2010-11-02T09:19:07Z)

AIG raises $37 billion from Alico sale and IPO in effort to repay U.S. bailout

In its ongoing effort to repay taxpayers , bailed-out insurance giant American International Group in recent days has raised nearly $37 billion through the sale of one of its premier subsidiaries and the initial public offering of another. AIG announced ... (Source: Washington Post 2010-11-02T07:31:44Z)

Clinton: We need Manchin in Washington

BECKLEY — Former President Bill Clinton joined West Virginia Democrats Gov. Joe Manchin and Congressman Nick Rahall for a last-minute campaign boost at Tamarack in Beckley Monday afternoon. Speaking during the public event, Clinton told potential voters ... (Source: Times West Virginian 2010-11-02T08:50:29Z)

Wilmington Trust to merge with M&T Bank

On the same day Wilmington Trust officials announced a third quarter loss of $365 million, they've also announced plans to merge with Buffalo-based M&T Bank . Wilmington Trust chairman and CEO Donald Foley says the company had been in talks with numerous ... (Source: WHYY 2010-11-01T22:49:11Z)

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)

Court backs Lions Gate in share deal

VAMCOUVER — Lions Gate Entertainment Corp.'s deal to increase the number of shares held by board member Mark Rachesky, a move challenged by hostile suitor Carl Icahn, was upheld by a Canadian court. Icahn's petition to undo the deal was dismissed ... (Source: Boston Globe 2010-11-02T09:26:16Z)

Tigers decline Peralta's option for next season

DETROIT -- The Detroit Tigers have declined Jhonny Peralta's $7.25 million option for next season but are hoping to re-sign the shortstop. Team president and general manager Dave Dombrowski said Tuesday the team is optimistic a deal can be worked out. The ... (Source: CBS Sports 2010-11-02T22:05:03Z)

'Madden,' 'FIFA' sales help boost Electronic Arts' 2nd-quarter results

NEW YORK (AP) — Video game publisher Electronic Arts says its fiscal second-quarter net loss narrowed, and its adjusted results handily surpassed expectations thanks to strong sales of the latest "FIFA" and "Madden" games. For the three months ended Sept ... (Source: Chicago Tribune 2010-11-02T20:24:50Z)

EA sales drop on tough comparisons

SAN FRANCISCO (MarketWatch) -- Electronic Arts Inc. managed to report a surprise profit on an adjusted basis for the second fiscal quarter despite a strong drop in sales due to difficult comparisons with the same period last year. The video game publisher ... (Source: Marketwatch 2010-11-02T20:39:09Z)

Bell, Calif., City Council votes to hold recall in March 2011

BELL, Calif. (AP) — The City Council for the scandal-plagued Los Angeles suburb of Bell voted Monday night to hold a recall election at a meeting where only the minimum of three council members appeared and two of them faced mockery and derision from ... (Source: USA Today 2010-11-02T17:25:52Z)

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