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 3, 2010, 12:40 pm

US deal fails to lift Navitas

Nov 02, 2010 (The Australian Financial Review - ABIX via COMTEX) -- The stock of Navitas fell $A0.03 on 2 November 2010 to close at $A3.72, despite news on further expansion by the private education services provider in the US. It has signed an agreement ... (Source: Investors Business Daily 2010-11-02T21:00:37Z)

Tigers decline Peralta's option for next year

DETROIT - The Detroit Tigers have declined shortstop Jhonny Peralta's $7.25 million option for next season but say they still hope to re-sign him. Team President and General Manager Dave Dombrowski said Tuesday the club is "optimistic" a deal can be worked ... (Source: Concord Monitor 2010-11-03T05:28:51Z)

Feds make deal with Madoff-linked firm

Federal regulators have reached a settlement with a New York brokerage firm and its executives to resolve allegations resulting from a probe into Bernard Madoff's epic fraud. Cohmad Securities Corp., Robert Jaffe, Maurice "Sonny" Cohn and Marcia Cohn ... (Source: Tacoma News Tribune 2010-11-02T07:03:06Z)

The McRib Officially McReturns

That's by design, of course. The McRib -- a sandwich with a boneless pork patty molded into the shape of ribs and topped with barbeque sauce, pickles and onions -- has achieved cult status thanks in part to its scarcity. The brand typically pops up for a ... (Source: Huffingtonpost.com 2010-11-02T19:20:24Z)

Broker called 'reckless' in Madoff case

The Securities and Exchange Commission has settled charges with Boston broker Robert Jaffe and Cohmad Securities Corp. alleging that they were reckless and failed in their duty to protect investors from swindler Bernard Madoff , the Boston Globe reports. A ... (Source: Birmingham Business Journal 2010-11-02T10:30:41Z)

Stephen Colbert on the McRib: McThrilling, or a Ploy to Keep Republicans From Voting?

Stephen Colbert last week said he was "McThrilled to McHear the McNews" that the elusive McRib sandwich would on November 2 be available on McDonald's menus throughout the country for the first time since 1981. But was the decision to launch the cultish ... (Source: Village Voice (blog) 2010-11-03T00:35:22Z)

Coach laments Randy Moss trade

EDEN PRAIRIE, Minn. -- Brad Childress calls the acquisition of receiver Randy Moss "a poor decision." The Vikings coach addressed the media Wednesday, two days after he decided to cut Moss less than a month into his second stint in Minnesota. Childress ... (Source: ESPN.com 2010-11-03T18:50:35Z)

Casey's ends takeover talks with 7-Eleven

Casey's General Stores says it has dismissed a $43 per-share takeover bid from 7-Eleven Inc. and ended negotiations with the convenience store operator. 7-Eleven's initial bid was $40, but Casey's said Wednesday that the latest offer doesn't reflect the ... (Source: AP - msnbc.com 2010-11-03T17:46:10Z)

SEC to Settle With Madoff Figures

The Securities and Exchange Commission has agreed to settle civil charges against associates of convicted Ponzi-scheme operator Bernard Madoff. The agency said Maurice Cohn and his daughter, Marcia Cohn, who ran Cohmad Securities Corp., a brokerage entity ... (Source: Wall Street Journal 2010-11-02T15:09:52Z)

Futures point to Europe shares rising; US off lows

LONDON Oct 28 (Reuters) - Stock index futures pointed to a higher open for European shares on Thursday after Wall Street finished off lows in the previous session. At 0603 GMT, STOXX Europe 50 STXEc1 futures were up 0.6 percent, Germany's DAX futures FDXc1 ... (Source: Reuters 2010-10-28T06:04:36Z)

South Korean president optimistic about final deal on free trade with US

SEOUL , South Korea (AP) — President Lee Myung-bak expressed confidence Wednesday that South Korea and the United States can finalize a long-stalled free trade deal though offered no clues about narrowing key differences on beef and autos ahead of a ... (Source: Chicago Tribune 2010-11-03T05:50:20Z)

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 2010-11-02T20:31:59Z)

Vikings coach Brad Childress fumbles Randy Moss deal

RC : There are probably 25 teams out there who would take talented Moss in a heartbeat. But some of them will do it with a blindfold and a nose plug to keep from seeing and smelling evil. Moss can win you games, but he can also break your heart. Moss maybe ... (Source: USA Today 2010-11-02T23:16:38Z)

Pepsi to set up nationwide network of RE plants

SINGAPORE — Pepsi Cola Products Philippines Inc. will put up a nationwide network of renewable energy facilities to be used in its operations in the Philippines, a ranking company executive said. In an interview with reporters on the sidelines of the ... (Source: Philippine Star Online 2010-11-03T16:48:54Z)

Dentists offer Halloween candy buyback program

PHILADELPHIA (Reuters Life!) - Just a day after Halloween two Pennsylvania dentists are offering a candy buyback program to save the teeth of young trick-or-treaters and boost the morale of U.S. troops in Iraq and Afghanistan. Dentists Nalin and Arpan ... (Source: Reuters India 2010-11-01T19:50:13Z)

Lee optimistic SKorea, US can finalize trade deal

South Korea's president expressed confidence Wednesday that Seoul and Washington would finalize a long-stalled free trade deal but didn't offer any clues about how they could narrow differences on autos and beef ahead of a meeting with President Barack ... (Source: AP - msnbc.com 2010-11-03T12:59:50Z)

UPDATE 2-Casey's ends takeover talks with 7-Eleven

TORONTO, Nov 3 (Reuters) - Casey's General Stores Inc ( CASY.O ) rejected a $43-a-share offer by 7-Eleven and ended talks with the convenience store operator owned by Japan's Seven & I Holdings ( 3382.T ). Shares of Casey's, which operates over 1,500 ... (Source: Reuters UK 2010-11-03T13:21:18Z)

Africa : UN-Backed Polio Campaign to Reach 72 Million African Children

Nearly 300,000 health workers are fanning out across Africa this week to reach 72 million children as part of a United Nations-backed bid to drive polio out of the continent. Vaccinators will go door-to-door in 15 countries to deliver two drops of oral ... (Source: AllAfrica.com 2010-10-26T15:11:00Z)

Vikings Coach Brad Childress Cuts Randy Moss for Being Randy Moss

The Minnesota Vikings needed just four games to see enough of the same old Randy Moss routine. He took some plays off in a 28-18 loss to the New England Patriots, and he again showed the inability to get down the field and make big plays. A day after the ... (Source: Associated Content 2010-11-03T17:46:10Z)

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)

Kids can turn treats into dollars and cents

Draper kids might want to beef up their Halloween candy haul this year — it could be worth a few bucks. Draper dentist Christopher Johnson is offering to buy kids' candy at $1 per pound and send it to U.S. troops serving in Iraq and Afghanistan ... (Source: Salt Lake Tribune 2010-10-26T23:39:15Z)

Casey's ends takeover talks with 7-11

ANKENY, Iowa (AP) - Casey's General Stores says it has dismissed a $43 per-share takeover bid from 7-11 Inc. and ended negotiations with the convenience store operator. 7-11's initial bid was $40, but Casey's said Wednesday that the latest offer doesn't ... (Source: KFDA 2010-11-03T17:39:00Z)

Falloon putsch gathers steam

Nov 02, 2010 (The Australian Financial Review - ABIX via COMTEX) -- Sources claim major new Ten Network investor James Packer only found out in late October 2010 that a job title change for CEO Nick Falloon had wider ramifications. In March, he was made MD ... (Source: TMCnet 2010-11-02T23:45:16Z)

Businesses sue Macquarie over 'scam'

Nov 01, 2010 (The Australian Financial Review - ABIX via COMTEX) -- Macquarie Group has rejected criticism voiced in an ABC TV program. It is also the subject of law suits by close to 30 small business operators over the issue of bundled telephony deals ... (Source: TMCnet 2010-11-02T02:02:27Z)

McDonald's brings back a cult classic: the McRib

Fast food giant McDonald's is bringing back a sandwich -- the McRib -- that gained cult acclaim over the last three decades, in a move lauded by fans known to travel great distances in the hunt for the coveted treat. The boneless pork chop between a bun ... (Source: Big Hollywood 2010-11-02T13:29:39Z)

CONRAD receives $5 million award from USAID

CONRAD, leaders in reproductive health and HIV prevention research, today announced a $5 million award from the US Agency for International Development (USAID). The grant will fund research and development of vaginal rings that are contraceptive and also ... (Source: News-Medical.Net 2010-11-03T06:11:48Z)

UPDATE 1-Deals of the day -- mergers and acquisitions

(Adds Mitsubishi UFJ Financial, Potash Corp, Oil and Natural Gas Corp, Richter, FedEx Corp) Nov 3 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Wednesday. (For ... (Source: Reuters 2010-11-03T09:03:36Z)

Bridgman dentists will buy back Halloween candy for U.S. troops

BRIDGMAN - Two dentists want to put smiles on the faces of troops serving overseas and save the smiles of kids here at the same time. Doctors Neal Smith and Ryan Thomas of Bridgman Family Dental Care for the third year will sponsor a Halloween candy ... (Source: Herald-Palladium 2010-10-24T17:22:14Z)

A look at economic developments around the globe

A look at economic developments and activity in major stock markets around the world Wednesday: ___ PARIS — The economic recovery has lost momentum since earlier this year, the Organization for Economic Cooperation and Development said, cutting its ... (Source: AP - msnbc.com 2010-11-03T18:14:48Z)

Europe Factors-Shares set to rally after G20 deal

PARIS, Oct 25 (Reuters) - European stocks were set to rally on Monday, as investors applauded the Group of 20 major economies' agreement not to pursue competitive currency devaluations. By 0622 GMT, futures for the STOXX Europe 50 STXEc1, for Germany's DAX ... (Source: Reuters 2010-10-25T06:22:29Z)

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