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 20, 2010, 12:41 am

UPDATE 1-Rogers Wireless challenged over quality claims

* Competition Bureau says advertising claims "misleading" * Seeks C$10 million fine, halt to ad campaign TORONTO Nov 19 (Reuters) - Canada's Competition Bureau is taking Rogers Communications ( RCIb.TO ) to court over claims its discount wireless brand ... (Source: Reuters UK 2010-11-19T22:49:18Z)

Tigers sign Benoit to $16.5M deal

The Tigers completed a US$16.5-million, three-year contract with right-handed reliever Joaquin Benoit on Friday. Benoit, who gets $5.5-million a year, reached a preliminary agreement during the general managers' meetings this week in Orlando, Fla. He had a ... (Source: Globe and Mail 2010-11-19T23:10:47Z)

Groupon Considers Sale to Google: Report

NEW YORK (Reuters) - E-commerce coupon site Groupon Inc is considering either selling itself to Google Inc or going ahead with a round of fund-raising that may value it at more than $3 billion, Bloomberg reported on Friday citing sources. The two have held ... (Source: ABC News 2010-11-19T19:57:31Z)

AirTran agrees to new labor contract with pilots

ATLANTA -- AirTran Airways said Friday it agreed with union pilots on a new labor contract after nearly six years of bargaining. The union said the contract provided pay increases and job protection, but it didn't give details. Most terms of the contract ... (Source: Forbes 2010-11-19T23:03:37Z)

Boston Scientific buying maker of heart valves

Boston Scientific Corp. , moving to boost sluggish sales growth, said it has agreed to pay up to $450 million to acquire Sadra Medical Inc., a Los Gatos, Calif., company that makes gear for aortic valve replacements. Under the deal, the Natick medical ... (Source: Boston Globe 2010-11-20T04:04:16Z)

MLB Capsules: McLane puts Astros up for sale

HOUSTON (AP) — Houston Astros owner Drayton McLane is putting his franchise up for sale. The 74-year-old McLane said he's retained the New York investment firm Allen and Company to help him unload the team he purchased in November 1992 for about $117 ... (Source: Brownsville Herald 2010-11-19T23:46:34Z)

Wesley Snipes ordered to surrender

O RLANDO, Fla. — A federal judge ordered actor Wesley Snipes to surrender to authorities Friday so he can begin serving a three-year prison sentence for tax-related crimes. U.S. District Court Judge William Terrell Hodges in Ocala, Fla., rejected a reque ... (Source: Boston Herald 2010-11-20T05:37:20Z)

Actor Wesley Snipes ordered to start prison term

ORLANDO, Fla. — A federal judge ordered actor Wesley Snipes, left, to surrender to authorities Friday so he can begin serving a three-year prison sentence for tax-related crimes. U.S. District Judge William Terrell Hodges in Ocala, Fla., rejected a ... (Source: Denver Post 2010-11-20T08:00:30Z)

Competition Bureau seeks maximum $10m fine against Rogers for Chatr ads

MONTREAL The federal Competition Bureau wants more than $10 million in penalties levied against Rogers Communications Inc. for allegedly using misleading advertising to promote its new Chatr talk-and-text discount mobile brand. The Competition Bureau said ... (Source: Hamilton Spectator 2010-11-19T23:10:47Z)

Retailers to stand out with Small Business Saturday

For years, small businesses have lived in the shadow of the sprawling malls and big-box stores that draw the deal-seeking masses in the frenzied shopping days after Thanksgiving. Now they are fighting back. This year will usher in the inaugural Small ... (Source: Pittsburgh Tribune-Review 2010-11-20T04:54:23Z)

Washington's $60 billion arms deal with Riyadh goes through

WASHINGTON: A $60 billion US arms deal with Saudi Arabia that raised eyebrows among pro-Israeli lawmakers was expected to be a done deal at midnight Friday. "Thirty days are up at the end of today, after which the administration may proceed. There is no ... (Source: Lebanon Daily Star 2010-11-19T22:06:21Z)

UPDATE 1-Groupon considers sale to Google-blog

NEW YORK Nov 19 (Reuters) - E-commerce coupon site Groupon Inc is considering selling itself to Google Inc ( GOOG.O ), according to media reports on Friday. The two are in discussions about an acquisition for more than $3 billion, reported the technology ... (Source: Reuters 2010-11-19T19:43:12Z)

Corporate report

National Retail Properties Inc. -- The Orlando-based company said that David M. Fick has been appointed to the real estate investment trust's board of directors. Fick most recently served as a managing director at Stifel Nicolaus & Company, where he was an ... (Source: Herald Tribune 2010-11-20T06:05:58Z)

Judge rejects new trial, orders Wesley Snipes to surrender to serve prison term in tax case

ORLANDO, Fla. (AP) -- A federal judge ordered actor Wesley Snipes to surrender to authorities Friday so he can begin serving a three-year prison sentence for tax-related crimes. U.S. District Court Judge William Terrell Hodges in Ocala, Fla., rejected a ... (Source: Associated Press 2010-11-20T08:00:30Z)

Houston Astros are up for sale

Houston — Houston Astros owner Drayton McLane is putting his franchise up for sale. McLane, 74, said he's retained the New York investment firm Allen and Company to help him unload the team he purchased in November 1992 for about $117 million. KRIV-TV ... (Source: Detroit News 2010-11-20T08:07:39Z)

Astros Are for Sale

Drayton McLane, the owner of the Houston Astros , is putting the franchise up for sale. McLane, 74, said he had retained the New York investment firm Allen and Company to help him sell the team, which he bought in November 1992 for about $117 million ... (Source: New York Times 2010-11-20T06:05:58Z)

Boston Scientific to buy Sadra for up to $490M

Boston Scientific Corp. will buy Sadra Medical Inc. in a deal valued at up to $450 million, the companies said Friday. Los Gatos-based Sadra is developing a device for percutaneous aortic valve replacement to treat patients with severe aortic stenosis. The ... (Source: Birmingham Business Journal 2010-11-19T19:14:34Z)

For local retailers, their day to shine

For years, small businesses have lived in the shadow of sprawling malls, big-box stores and category killers that draw the deal-seeking masses in the frenzied shopping days after Thanksgiving. Now they are fighting back. This year will usher in Small ... (Source: Washington Post 2010-11-20T08:14:49Z)

AstraZeneca confirms eyeing Astra Tech spin-off

AstraZeneca confirmed on Friday it was considering spinning off its Astra Tech dental implants and medical devices business and had hired JP Morgan Chase to help with a strategic review of the unit. A source familiar with the situation said earlier this ... (Source: MoneyControl.com 2010-11-19T17:12:52Z)

Rogers' Chatr under fire

The Competition Bureau is asking a court to fine Rogers Communications $10 million over claims that advertising for Rogers' discount Chatr brand is misleading when it claims to offer superior service to rivals. After a two-month investigation, the bureau ... (Source: Toronto Sun 2010-11-20T03:57:07Z)

Steals & Deals: Payless Black Friday sales

Payless ShoeSource will deliver great deals on a variety of party-going and cold-weather footwear and accessories to help shoppers create the hottest looks this holiday season. The Payless Thanksgiving Weekend Sale will run Friday, Nov. 26 through Sunday ... (Source: St. Louis Post-Dispatch 2010-11-18T17:06:54Z)

Boston Scientific to buy firm for up to $450m

Natick medical device maker Boston Scientific Corp ., moving to boost its sluggish sales growth, today said it has agreed to pay up to $450 million to acquire Sadra Medical Inc ., a Los Gatos, Calif., company that makes gear for aortic valve replacements ... (Source: Boston Globe 2010-11-19T17:20:02Z)

$60B U.S.-Saudi Arms Deal Sealed

WASHINGTON -- A $60 billion arms deal with Saudi Arabia that raised eyebrows among pro-Israeli lawmakers was expected to be a done deal at midnight Friday. The Defense Department notified Congress of the plan last month, and lawmakers had 30 days to try to ... (Source: FOX News 2010-11-20T02:38:22Z)

AirTran Airways agrees to new labor contract including pay raises for union pilots

ATLANTA — AirTran Airways said Friday it agreed with union pilots on a new labor contract after nearly six years of bargaining. The union said the contract provided pay increases and job protection, but it didn't give details. Most terms of the contract ... (Source: Washington Examiner 2010-11-19T22:49:18Z)

Groupon considers sale to Google: reports

NEW YORK (Reuters) - E-commerce coupon site Groupon Inc is considering selling itself to Google Inc, according to media reports on Friday. The two are in discussions about an acquisition for more than $3 billion, reported the technology blog AllThingsD ... (Source: Reuters UK 2010-11-19T19:50:21Z)

Baseball Notes: Owner puts the Astros up for sale

Houston Astros owner Drayton McLane says he's retained the New York investment firm Allen and Company to help him sell the team he purchased in November 1992 for about $117 million, a move first reported by KRIV-TV. Steve Greenberg, the son of Hall of Fame ... (Source: Philadelphia Daily News 2010-11-20T08:00:30Z)

Tigers finalize 3-year deal with set-up man Joaquin Benoit

A year ago, Joaquin Benoit, just hoping his career wasn't over after rotator cuff surgery, was immensely grateful when the Tampa Bay Rays were one of the few clubs willing to take the risk on him. "When I started my rehab in Arlington, I thought, 'It ... (Source: The Oakland Press 2010-11-19T22:06:21Z)

AstraZeneca leaves door open for sale of Swedish unit Astra Tech, which analysts value at $2B

LONDON — Drug maker AstraZeneca PLC says it is reviewing "strategic options" for Astra Tech, its Swedish unit that makes dental implants and medical products. AstraZeneca said Friday that it "continues to evaluate all alternatives for value maximisation ... (Source: San Francisco Examiner 2010-11-19T11:29:16Z)

AirTran pilots voting on deal to boost pay

Pilots at AirTran Airways began voting on a proposed labor contract Tuesday that would boost pay more than 25 percent for some as their company prepares to merge with Southwest Airlines. The pilots will vote through Nov. 19 on the five-year tentative ... (Source: Atlanta Journal Constitution 2010-11-09T19:12:06Z)

US$60 bil. arms deal with Saudi Arabia goes through

WASHINGTON--A US$60 billion arms deal with Saudi Arabia that raised eyebrows among pro-Israeli lawmakers was expected to be a done deal at midnight Friday. The Defense Department notified Congress of the plan last month, and lawmakers had 30 days to try to ... (Source: China Post 2010-11-19T20:11:50Z)

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