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 4, 2010, 2:40 am

Oil prices rise ahead of Federal Reserve decision on boosting the economy; pump prices lower

Oil prices rose Wednesday with the Federal Reserve about to decide how to spend billions of dollars to re-energize the economy. Benchmark oil rose 72 cents to $84.62 a barrel in midday trading on the New York Mercantile Exchange. Meanwhile, the national ... (Source: Minneapolis Star Tribune 2010-11-03T19:33:32Z)

SEC Urges Banks to Disclose Potential Losses From Foreclosures

Oct. 29 (Bloomberg) -- The U.S. Securities and Exchange Commission urged banks to disclose their expected losses from flawed foreclosure documents, as mortgage-bond investors demand refunds on billions of dollars of securities. Lenders must disclose circum ... (Source: BusinessWeek 2010-10-29T22:52:44Z)

Uranium Resources, Inc. Prices Common Stock Offering

LEWISVILLE, Texas--( BUSINESS WIRE )--Uranium Resources, Inc. (NASDAQ: URRE) ("URI") announced today that it has priced an underwritten registered offering of 7,150,000 shares of common stock at a price of $1.16 per share. Net proceeds to the Company ... (Source: Business Wire 2010-10-28T23:15:24Z)

Goldman Sees $26 Billion Potential Losses at Top U.S. Banks

(Reuters) - The four largest U.S. banks face potential losses of $26 billion over the next several years from their exposure to private-label mortgages and potential losses from delinquency, analysts at Goldman Sachs said. Private-label mortgages are those ... (Source: ABC News 2010-11-03T14:11:25Z)

Qantas Grounds A380s After Inflight Engine Explosion

Nov. 4 (Bloomberg) -- Qantas Airways Ltd. grounded its Airbus SAS A380 fleet after an engine exploded in mid-flight, forcing an emergency landing in Singapore. The planes will be out of service for "as long as it takes," Chief Executive Officer Alan ... (Source: BusinessWeek 2010-11-04T08:12:19Z)

Nissan shows tiny electric concept vehicle

YOKOHAMA, Japan -- Nissan showed a two-seater electric vehicle resembling a go-cart Monday that isn't ready for sale but spotlights the Japanese automaker's ambitions to be the leader in zero-emission cars. Nissan Motor is planning to produce 250,000 ... (Source: San Jose Mercury News 2010-11-03T23:36:55Z)

Tyler Sash On Thorpe List

IOWA CITY, IOWA – University of Iowa junior defensive back Tyler Sash has been named one of 10 semifinalists for the 2010 Jim Thorpe Award. The award is given annually to the nation's top collegiate defensive back. The announcement came today from the ... (Source: WHBF TV 2010-11-02T21:14:56Z)

HTC Desire Z Now On Sale at Bell

A new Android-based smartphone was made available for purchase on the Canadian market today, namely the HTC Desire Z, which was just put on sale at wireless carrier Bell. Starting today, the operator's customers can purchase the handset for only $129.95 ... (Source: Softpedia 2010-11-03T20:52:17Z)

Fiat's Jeep manager predicts strong future

Mauro Pino is the first to admit that sometimes, his English is not so good. But in the language of manufacturing automobiles, the highly energetic, 50-year-old Italian now in charge of Chrysler Group LLC's Toledo Assembly complex has no trouble expressing ... (Source: Cleveland Plain Dealer 2010-11-04T06:17:47Z)

Iowa's Sash Again A Semifinalist For Jim Thorpe Award

Honor for nation's top college defensive back to be given out next month Iowa's Tyler Sash is a semifinalist for the Jim Thorpe Award, which is given to the nation's top college defensive back. Iowa's Tyler Sash is a semifinalist for the Jim Thorpe Award ... (Source: WOWT 2010-11-03T21:42:23Z)

Oil rises to near $86 after Fed bond buying move

Oil jumped to near $86 a barrel in Asia on Thursday as the dollar weakened moderately after the Federal Reserve's announcement it will buy $600 billion dollars of Treasurys to stimulate the U.S. economy. Benchmark crude for December delivery was up $1.04 ... (Source: AP - msnbc.com 2010-11-04T08:19:28Z)

MGM files for bankruptcy protection

Metro-Goldwyn-Mayer , the fabled studio whose origins go back to Hollywood's earliest days, filed for bankruptcy protection, sagging under a mountain of debt. The filing, made Wednesday morning in New York, came after MGM's leading creditors struck a deal ... (Source: Los Angeles Times 2010-11-04T00:34:11Z)

Panasonic invests $30M in electric car maker Tesla

Panasonic Corp. is investing $30 million in Tesla Motors Inc., the U.S. maker of electric sports cars, eyeing expansion in the global market for green vehicles, both sides said Thursday. Panasonic, Japan's biggest electronics maker, will acquire about a 2 ... (Source: AP - msnbc.com 2010-11-04T03:11:40Z)

MGM Files for Chapter 11 Bankruptcy

Metro-Goldwyn-Mayer Studios has filed for a re-organization bankruptcy, the studio announced Wednesday. The move had been expected following the company's announcement late last week that its creditors had approved a pre-packaged bankruptcy for MGM and 160 ... (Source: Daily Finance 2010-11-03T21:13:45Z)

Italian-Thai Signs $8.6 Billion Myanmar Port Contract

Nov. 4 (Bloomberg) -- Italian-Thai Development Pcl, Thailand's biggest construction company, signed an $8.6 billion contract with Myanmar's government to build a deep-sea port and industrial estate, Vice President Anan Amarapala said. The project will ... (Source: BusinessWeek 2010-11-04T03:54:37Z)

Uranium Resources raises $7.8M in share sale

LEWISVILLE, Texas -- Uranium Resources Inc. said Wednesday it raised $7.8 million in a sale of common stock. The Texas uranium miner closed on its offer of 7.15 million shares at $1.16 per share and will use the proceeds for general purposes and for ... (Source: Forbes 2010-11-03T20:23:39Z)

Minnesota Vikings coach Brad Childress: No regrets about releasing Randy Moss

Minnesota Vikings head coach Brad Childress has no regrets about releasing wide receiver Randy Moss this week and said the decision was easy. During a conference call with Arizona reporters Wednesday morning, Childress did not wish to get into specifics ... (Source: AZCentral.com 2010-11-04T07:22:12Z)

The Scout

University of Iowa junior defensive back Tyler Sash has been named one of 10 semifinalists for the 2010 Jim Thorpe Award. The award is given annually to the nation's top collegiate defensive back. The announcement came today from the Jim Thorpe Award ... (Source: Iowa City Press-Citizen 2010-11-03T08:13:30Z)

HTC Desire Z Now Available from Bell Canada for $129.95

Bell subscribers and soon-to-be subscribers: the HTC Desire Z is no available from the Canadian carrier. $129.95 will be the price for the phone locked down to a three-year contract (an awfully long time to carry the same phone), or if you are feeling ... (Source: Phandroid 2010-11-04T04:16:05Z)

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)

Summary Box: Nissan shows electric concept vehicle

EMISSION-FREE RIDE: Nissan Motor Co. showed a two-seater electric vehicle resembling a go-cart that isn't ready for sale but spotlights the Japanese automaker's ambitions to be the leader in zero-emission cars. THE SPECS: The car has a range of a 100 ... (Source: AP - msnbc.com 2010-11-01T20:18:51Z)

Uranium Resources, Inc. Completes Common Stock Offering

LEWISVILLE, Texas - (Business Wire) Uranium Resources, Inc. (NASDAQ: URRE) ("URI") announced today that it has closed its underwritten registered offering of 7,150,000 shares of common stock at a price of $1.16 per share. Net proceeds to the Company ... (Source: Earthtimes 2010-11-03T15:30:09Z)

Europe Factors-Shares set to rally after G20 deal

PARIS, Oct 25 (Reuters) - Financial bookmakers expected leading European benchmark indexes to rise on Monday as investors applauded the Group of 20 major economies' agreement not to pursue competitive currency devaluations. Financial spreadbetters expected ... (Source: CNBC 2010-10-25T06:15:19Z)

Qantas superjumbo makes emergency landing in Singapore in first major incident for A380

SINGAPORE ( AP ) — Qantas grounded all of its six Airbus A380 superjumbos Thursday after one of them blew out an engine, shooting flames and debris that forced it to make an emergency landing in Singapore with 459 people aboard. The carrier said the ... (Source: Baltimore Sun 2010-11-04T08:05:09Z)

Work habits, not tirade, cost Randy Moss

A pparently, when Brad Childress and the Vikings put Randy Moss on waivers, they had reasons other than his blast of the Vikings organization and his praise for the Patriots [ team stats ] and coach Bill Belichick in his self-interview tirade after Sunday ... (Source: Boston Herald 2010-11-04T07:29:22Z)

Metro-Goldwyn-Mayer files for bankruptcy after creditors strike deal with Carl Icahn

Metro-Goldwyn-Mayer, Hollywood's fabled and once most powerful studio, has filed for bankruptcy protection after it could no longer pay down its crippling debt or make and release new movies. The filing, made Wednesday morning, comes after MGM's leading ... (Source: Los Angeles Times 2010-11-03T21:42:23Z)

Qantas grounds giant A380s after emergency landing

Qantas Airways suspended flights of its Airbus A380 fleet on Thursday after engine failure triggered an emergency landing in Singapore, one of the most serious incidents for the world's largest passenger plane in three years of commercial flight. The ... (Source: msnbc.com 2010-11-04T09:16:44Z)

Oil rises above $85 after Fed bond buying decision

Oil jumped above $85 a barrel in Asia on Thursday as the dollar weakened slightly following the U.S. Federal Reserve's announcement it will buy $600 billion dollars of Treasurys to stimulate the U.S. economy. Benchmark crude for December delivery was up 63 ... (Source: AP - msnbc.com 2010-11-04T06:10:37Z)

Bell's HTC Desire Z Now Available for $129.95 on Contract

As expected , the HTC Desire Z went live on Bell today. Pricing sits at $129.95 on a three-year contract, or $499.95 if you're crazy enough to go off-contract. Known to you guys south of the border as T-Mobile's G2, the HTC Desire Z promises to be an ... (Source: Intomobile.com 2010-11-03T16:48:54Z)

U.S. Bancorp Plans Two-Part $1.5 Billion Debt Sale

U.S. Bancorp , the fifth-biggest U.S. commercial bank by deposits, plans to sell $1.5 billion of bonds in a two-part offering as soon as today, according to a person familiar with the transaction. The lender may issue $500 million of three-year notes that ... (Source: Bloomberg 2010-10-28T16:20:13Z)

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