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, 6:40 am

RPT-UPDATE 4-BBVA buys Garanti stake for $5.8 bln, shares fall

MADRID, Nov 2 (Reuters) - Spanish bank BBVA ( BBVA.MC ) has bought joint control of Turkish peer Garanti Bank ( GARAN.IS ) in a $5.8 billion deal, reducing its exposure to a sluggish home economy but spooking investors with the high price paid. BBVA will ... (Source: Reuters 2010-11-02T11:35:07Z)

Calif candidates deliver final pitch to CA voters

Republican Meg Whitman and Democrat Jerry Brown are delivering their closing arguments to California voters, appearing at events throughout the Golden State as they pitch their proposals to turn the financially troubled state around. Public opinion polls ... (Source: San Francisco Gate 2010-11-01T12:47:53Z)

Walker, Barrett square off in Wis. governor's race

Republican Scott Walker hoped to return Wisconsin's governor's office to Republican control for the first time in eight years with a win in Tuesday's election, while Tom Barrett struggled to overcome the legacy of the unpopular Democratic incumbent. No ... (Source: madison 2010-11-02T10:02:03Z)

UPDATE 1-BBVA buys 24.9 pct Garanti stake in $5.8 bln deal

MADRID, Nov 2 (Reuters) - Spanish bank BBVA ( BBVA.MC ) has bought a 24.9 percent stake in Turkish peer Garanti Bank, mostly from General Electric ( GE.N ), in a $5.8 billion deal, and is to carry out a 5.1 billion euro ($7.1 billion) capital hike. Garanti ... (Source: Reuters 2010-11-02T07:31:44Z)

Allen Iverson signs a two-year deal with Turkish club

Allen Iverson is taking his talents abroad. While stars like LeBron James and Chris Bosh headed for South Beach and Amare Stoudemire decided to star on Broadway, Iverson, a pint-sized former MVP and scoring champion, couldn't find a suitable home in the ... (Source: Kansas City Star 2010-10-30T03:39:04Z)

Besiktas, Iverson to discuss possible deal

ANKARA, Turkey (AP) — A top official of Turkish basketball team Besiktas says he will travel to the United States to discuss terms of a possible deal with NBA scoring champion Allen Iverson. Besiktas executive board member Seref Yalcin told the Anatolia ... (Source: USA Today 2010-10-25T13:03:21Z)

Moody's lifts outlook on New York Times debt offer

N EW YORK - The New York Times [ NYT ] Co. is raising $225 million in capital through the sale of senior debt, part of a refinancing strategy that could help it pay back a high-interest loan from Mexican billionaire Carlos Slim. The move drew a positive ... (Source: Boston Herald 2010-11-01T22:06:14Z)

Turkish side Besiktas sign former NBA MVP Allen Iverson

NEW YORK (Reuters) - Eleven-times NBA All-Star guard Allen Iverson signed a two-year contract with Turkish club Besiktas on Friday. Iverson played 25 games with the Philadelphia 76ers last season averaging 13.9 points but was unable to secure an offer from ... (Source: Reuters India 2010-10-30T07:06:40Z)

BBVA to jointly run Garanti Bank in $5.8 billion deal

MADRID (Reuters) - Spanish bank BBVA ( BBVA.MC ) has bought joint control of Turkish peer Garanti Bank ( GARAN.IS ) in a $5.8 billion deal to escape a price war for deposits and high funding costs in its sluggish home economy. "BBVA wants to be in markets ... (Source: Reuters 2010-11-02T08:36:10Z)

Most actively traded companies on the TSX, TSX Venture Exchange markets

TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (12,664.81 down 11.43 points): RS Technologies Inc. (TSX:RS). Composite products. Unchanged at half a cent on ... (Source: Canada East 2010-11-01T21:44:45Z)

Barrett, Walker face off in final Wis. governor's race debate before Tuesday's election

MADISON, Wis. - Democrat Tom Barrett and Republican Scott Walker are sparring over their plans for turning around Wisconsin's economy in their final debate before Tuesday's election. The candidates touted their job-creation plans during the debate that was ... (Source: Minneapolis Star Tribune 2010-10-30T01:08:45Z)

UK, France to pool defense assets, share costs

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 and French ... (Source: AP - msnbc.com 2010-11-02T05:01:25Z)

New York Times outlook raised on offering

NEW YORK (AP) — The New York Times Co. announced Monday that it intends to offer $200 million in senior notes due 2016, a move that prompted two ratings agencies to improve their outlooks on the media company. The New York Times confirmed that the ... (Source: Syracuse Post-Standard 2010-11-01T19:35:54Z)

Dentists Offer Money For Halloween Candy

Several Middle Tennessee dentists are offering cash for Halloween candy. Dr. Mary Beth Tabor with Kid City Smiles in Hendersonville said she'll buy children's Halloween candy for $1 a pound. She's sending it overseas to troops as part of Operation ... (Source: msnbc.com 2010-11-01T23:46:27Z)

Britain, France strike deal to share resources — and costs — to preserve military might

LONDON - Europe's two nuclear-armed powers will strike a deal Tuesday for unprecedented cooperation on defense — sharing warhead testing facilities and aircraft carriers to preserve their military might in an era of austerity. British Prime Minister ... (Source: Minneapolis Star Tribune 2010-11-02T12:10:54Z)

Local dentists offer up cash for candy

After all that trick or treating Sunday night, there is no doubt your kids have plenty of candy to go around. Now a couple of Wichita dentists are looking to buy those treats and help several good causes at the same time.It's the day after Halloween and it ... (Source: msnbc.com 2010-11-01T23:46:27Z)

Wisconsin, federal officials sign high-speed rail deal

Just days before an election that could decide the fate of a planned high-speed rail line, state and federal administrators quietly signed a deal to commit the state to spending all $810 million of the federal stimulus cash allocated to the Milwaukee-to ... (Source: Milwaukee Journal Sentinel 2010-11-02T03:06:53Z)

Candidates' experiences offer competing CA vision

Republican Meg Whitman on Sunday pledged to fight entrenched public employee union bosses and to bring well-paying jobs through tax cuts for businesses and the wealthy if her supporters help her win the "battle for the soul of California" in two days. Her ... (Source: AP - msnbc.com 2010-11-01T01:20:41Z)

UPDATE 1-Southwest says AirTran deal can be home run

DALLAS Oct 28 (Reuters) - Low-cost carrier Southwest Airlines Co ( LUV.N ) said on Thursday it expects to win over new customers and bring lower fares to unserved cities should its purchase of AirTran Holdings Inc ( AAI.N ) be completed. "This really has ... (Source: Reuters 2010-10-28T16:34:32Z)

Delta Air Lines Names Holden Shannon SVP - Quick Facts

(RTTNews) - Delta Air Lines (DAL: News ,DALRQ.PK: News ) Monday appointed Holden Shannon as Senior Vice President, Corporate Strategy and Real Estate, effective November 1. He wa also named a member of the airline's Corporate Leadership Team, a committee ... (Source: RTT News 2010-11-01T16:36:57Z)

Kuril Islands trip by Russian president angers Japan

MOSCOW -- President Dmitry Medvedev on Monday visited one of the southern Kuril Islands, which the Soviet Union seized from Japan at the end of World War II, making it clear that Russia had no plans to cede the mineral-rich territory despite Japanese ... (Source: Minneapolis Star Tribune 2010-11-02T00:29:24Z)

Moody's lifts outlook on New York Times debt offer

The New York Times Co. is raising $225 million in capital through the sale of senior debt, part of a refinancing strategy that could help it pay back a high-interest loan from Mexican billionaire Carlos Slim. The move drew a positive reaction from two ... (Source: Forbes 2010-11-01T22:06:14Z)

France and Britain to Sign Defense Agreements

PARIS — President Nicolas Sarkozy of France was traveling to Britain on Tuesday to initiate defense agreements promising cooperation including a joint rapid deployment force, shared use of aircraft carriers and joint efforts on nuclear research. The deal ... (Source: New York Times 2010-11-02T11:20:48Z)

Delta Names Holden Shannon Senior Vice President - Corporate Strategy and Real Estate

ATLANTA , Nov. 1, 2010 /PRNewswire-FirstCall/ -- Delta Air Lines (NYSE: DAL - News ) today named Holden Shannon senior vice president – Corporate Strategy and Real Estate and a member of the airline's Corporate Leadership Team, a committee of Delta's ... (Source: Yahoo Finance 2010-11-01T16:58:25Z)

Candidates rumble into final stretch

With only days before the election, California and Coachella Valley candidates battled it out for seats of power in Sacramento and Washington, D.C. In her quest to reach the Senate, challenger Republican Carly Fiorina made a campaign stop in Palm Desert ... (Source: Desert Sun 2010-11-01T12:04:56Z)

Tokyo to Call Home Moscow Ambassador in Island Spat

A territorial spat between Japan and Russia intensified Tuesday as Tokyo said it would call home its ambassador to Moscow a day after Russian President Dmitry Medvedev visited a disputed island in the Russian Far East. The visit, the first one by a Russian ... (Source: Wall Street Journal 2010-11-02T12:53:51Z)

Japan recalls envoy from Moscow over territorial row

Tokyo - The Japanese government said Tuesday it would temporarily recall its ambassador from Moscow in response to a visit by Russian President Dmitry Medvedev to a disputed island north-east of Japan.   Foreign Minister Seiji Maehara said the decision ... (Source: Earthtimes 2010-11-02T13:22:29Z)

UPDATE 1-Baja Mining to raise C$160 mln in bought deal

Nov 1 (Reuters) - Canada's Baja Mining Corp ( BAJ.TO ) said it would to raise C$160 million in a bought deal and use the proceeds for construction of its majority-owned Boleo project in Mexico. The company, which had 143.98 million shares outstanding as of ... (Source: Reuters 2010-11-01T21:30:26Z)

Dentists: Buying Halloween candy beats filling cavities

Halloween paid off for Rachel and Emma Ferguson -- in cash. The two patients of Waterford dentist Dr. Kurt Heuerman turned in their treats Monday for $2 per pound in a post-Halloween cash-for-candy program to benefit U.S. troops. The girls' take: $7 each ... (Source: Detroit Free Press 2010-11-02T10:45:00Z)

Materials, financials drag on TSX

Canada's benchmark stock index started November on a negative note on Monday, declining despite hitting high a two-year high in intraday trading. The S&P/TSX composite index was down 11.43 points, or 0.09 per cent to 12,664.81 after reaching as high as ... (Source: The Vancouver Sun 2010-11-01T21:30:26Z)

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