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 pm

Analysis: Blocked BHP deal allows potash prices to rise

WINNIPEG, Manitoba (Reuters) - Canada's rejection of BHP Billiton's bid to buy Potash Corp means North American producers of the crop nutrient will avoid a shake-up in their marketing cartel and a price slump that it might have triggered. With the status ... (Source: Reuters 2010-11-04T16:54:52Z)

Insulted by Randy Moss, restaurant turns table on ex-Viking with jersey turn-in

MINNEAPOLIS (AP) — A suburban Minneapolis restaurant is turning the tables on Randy Moss . Gus Tinucci (tin-OO'-chee) was catering lunch at the Vikings' practice facility last Friday when Moss entered the locker room. He says Moss demanded to know who ... (Source: Chicago Tribune 2010-11-04T20:29:37Z)

Cardinals vs. Vikings Preview, Score and More

Last year the Cardinals won the NFC West and the Vikings won the NFC North. This year both teams have losing records, and the loser of their game on Sunday can probably forget about the playoffs. And if the loser is Minnesota, it's probably time to start ... (Source: FanHouse 2010-11-04T20:43:56Z)

Red Sox Exercise $12.5 Million Option On David Ortiz

BOSTON — The Red Sox are exercising their $12.5 million option on designated hitter David Ortiz. The team announced Thursday it decided to keep the slugger, who got off to slow starts the past two seasons but finished strongly both times. Ortiz has ... (Source: WBUR 2010-11-04T20:36:46Z)

Bankers' fees may go to pot after Canada decision

NEW YORK, Nov 4 (Reuters) - BHP Billiton ( BHP.AX ) ( BLT.L ) won't be the only loser if its $39 billion bid for fertilizer company Potash Corp falls apart because Canada's government blocked the deal -- advisers for both sides could miss out on millions ... (Source: Reuters 2010-11-04T17:59:17Z)

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)

Credit and the Bernanke Code

To understand the Federal Reserve's latest attempt to jump-start the U.S. economy, consider what the central bank did not say. In its Nov. 3 announcement, the Fed never used the phrase "quantitative easing" to describe its program of buying another $600 ... (Source: BusinessWeek 2010-11-04T20:58:15Z)

Caterer turns tables on Moss

ESPN NFL analyst Cris Carter explains his relationship with Randy Moss and how Moss responds to certain situations. Plus, Carter talks about how he's been disappointed with his former teammate. Gus Tinucci was catering lunch at the Vikings' practice ... (Source: ESPN.com 2010-11-04T20:43:56Z)

MGM Studios Allowed to Use Cash in Bankruptcy

Nov. 4 (Bloomberg) -- Metro-Goldwyn-Mayer Inc., distributor of the James Bond and Rocky movies, won interim permission to use cash collateral of lenders as it reorganizes with support from billionaire Carl Icahn. U.S. Bankruptcy Judge Stuart Bernstein in ... (Source: BusinessWeek 2010-11-04T16:33:24Z)

Terra Firma loses Citi fraud case over EMI: jury

NEW YORK - A U.S. jury rejected a fraud case against Citigroup Inc brought by British financier Guy Hands over his 4 billion pounds ($US6.5 billion) purchase of the EMI music company in 2007. The decision in the U.S. District Court in Manhattan could (Source: Examiner 2010-11-04T21:12:34Z)

Restaurant tries to turn tables on Randy Moss

MINNEAPOLIS (AP) — A suburban Minneapolis restaurant is turning the tables on Randy Moss. Gus Tinucci was catering lunch at the Vikings' practice facility last Friday when Moss entered the locker room. He says Moss demanded to know who ordered the food ... (Source: The Oakland Press 2010-11-04T21:05:24Z)

Red Sox pick up Ortiz's $12.5 million option

BOSTON -- The Red Sox are exercising their $12.5 million option on designated hitter David Ortiz . The team announced Thursday it decided to keep the slugger, who got off to slow starts the past two seasons but finished strongly both times. Ortiz has ... (Source: CBS Sports 2010-11-04T19:03:43Z)

China's Hu signs deals, discusses G20 with Sarkozy

Chinese President Hu Jintao oversaw the signing of multi-billion dollar aircraft and nuclear fuel contracts with French companies on Thursday and pledged close cooperation as Paris prepares to take over the G20 presidency. As Hu kicked off a two-nation ... (Source: msnbc.com 2010-11-04T18:20:46Z)

Wis. Sen. Kohl: Navy to order 10 warships from each of 2 shipbuilders in Wisconsin, Alabama

MILWAUKEE (AP) — U.S. Sen. Herb Kohl says the Navy plans to order 10 warships from each of two shipbuilding companies in Wisconsin and Alabama. The Wisconsin Democrat said Thursday the 20-vessel deal would require Congressional approval because it ... (Source: FOX6Now.com Milwaukee 2010-11-04T15:43:17Z)

Citigroup Wins Trial Against Terra Firma Over EMI Sale

Nov. 4 (Bloomberg) -- Citigroup Inc. won the trial of a lawsuit by Terra Firma Capital Partners Ltd., whose Chairman Guy Hands claimed he was tricked by the bank into overpaying for EMI Group Ltd. in a 2007 auction. Eight jurors in New York federal court ... (Source: BusinessWeek 2010-11-04T18:13:36Z)

MGM Resorts distances itself from bankrupt MGM Studios

The worldwide value of MGM Resorts International's brands was highlighted today when the company moved to clarify for investors, customers and vendors -- particularly those overseas -- that it is not affiliated with the bankrupt MGM Studios. "MGM Studios ... (Source: Las Vegas Sun 2010-11-04T16:54:52Z)

UPDATE 4-China's Hu gives France G20 backing, signs deals

PARIS, Nov 4 (Reuters) - Chinese President Hu Jintao and France's Nicolas Sarkozy voiced joint support on Thursday for reform of the global monetary system and pledged close cooperation as Paris prepares to take over the G20 presidency. As Hu kicked off a ... (Source: Reuters 2010-11-04T20:51:05Z)

Spyglass Entitled to $4 Million If MGM Deal Breached

Nov. 4 (Bloomberg) -- Spyglass Entertainment Group Inc., whose executives Gary Barber and Roger Birnbaum will run Metro- Goldwyn-Mayer Inc. after its bankruptcy, is entitled to a $4 million breakup fee plus expenses of as much as $500,000 if it suffers any ... (Source: BusinessWeek 2010-11-04T20:43:56Z)

Boston Red Sox pick up David Ortiz's 1-year option; Big Papi OK with it

The Red Sox exercised the $12.5 million option on their designated hitter less than 12 hours before Thursday's midnight deadline. The one-year deal "made the most sense," Epstein told ESPNBoston.com's Gordon Edes. Ortiz had been vocal about wanting a long ... (Source: ESPN.com 2010-11-04T20:43:56Z)

Potash Falls After Canada Blocks BHP Takeover Offer

Nov. 4 (Bloomberg) -- Potash Corp. of Saskatchewan Inc. fell the most in a week after Canada blocked BHP Billiton Ltd.'s $40 billion hostile bid for the world's largest fertilizer producer. Potash Corp. dropped $3.53, or 2.4 percent, to $141.97 at 4:15 ... (Source: BusinessWeek 2010-11-04T20:43:56Z)

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)

Series-losing Rangers tie manager to two-year deal

ARLINGTON, Texas (AFP) – Ron Washington, who guided the Texas Rangers to their first World Series, agreed on Thursday to a new two-year contract as manager of the Major League Baseball club. The deal, keeping Washington with the Rangers until the 2012 ... (Source: YAHOO! 2010-11-04T20:58:15Z)

Navy To Order 10 Warships From Wisconsin

MILWAUKEE -- U.S. Sen. Herb Kohl said the Navy plans to order 10 warships from each of two shipbuilding companies in Wisconsin and Alabama. The Wisconsin Democrat said Thursday the deal would require Congressional approval because it represents a departure ... (Source: WISN.com 2010-11-04T15:50:27Z)

Citigroup defeats fraud claim over EMI deal

NEW YORK (Reuters) - British financier Guy Hands has lost his court case accusing Citigroup Inc of tricking him into overpaying for music company EMI, a deal that came to epitomize the risks of loading companies with debt. A New York federal court jury ... (Source: Reuters 2010-11-04T19:18:02Z)

FOMC Introduces $600 Billion QE 2 Package

The FOMC has concluded its meeting and provided details about its Quantitative Easing 2 plans. The main details: 1. Fed will buy $600B of Treasuries, larger than the expected $500B coming into the meeting today. 2. Will go through through 8 months, not 6 ... (Source: FXStreet.com 2010-11-04T14:17:23Z)

Rangers manager Ron Washington gets new contract

ARLINGTON, Texas -- Manager Ron Washington agreed Thursday to a new two-year contract with the AL champion Texas Rangers. The deal through the 2012 season was completed three days after the end of the Rangers' first World Series. Washington didn't have a ... (Source: Forbes 2010-11-04T20:51:05Z)

Sen. Kohl: Navy to order 20 warships from Wisconsin, Alabama; could create thousands of jobs

MILWAUKEE (AP) - U.S. Sen. Herb Kohl says the Navy plans to order 10 warships from each of two shipbuilding companies in Wisconsin and Alabama. The Wisconsin Democrat said Thursday the deal would require Congressional approval because it represents a ... (Source: Oshkosh Northwestern 2010-11-04T15:57:36Z)

Rangers' Washington gets new contract

Manager Ron Washington agreed Thursday to a new two-year contract with the AL champion Texas Rangers . The deal through the 2012 season was completed three days after the end of the Rangers' first World Series. Washington didn't have a contract past 2010 ... (Source: FOXSports.com 2010-11-04T20:58:15Z)

UPDATE 1-Areva signs three deals with China, eyes EPR sale

PARIS, Nov 4 (Reuters) - Areva ( CEPFi.PA ) signed three contracts with China on Thursday, paving the way for a possible sale of two additional EPR nuclear reactors to the world's largest energy user. The French nuclear giant clinched the deals on the ... (Source: Reuters 2010-11-04T19:03:43Z)

Canada Dollar Falls Against Most Peers on Blocked Potash Deal

Nov. 4 (Bloomberg) -- Canada's dollar dropped against most of its major counterparts after the government blocked a foreign takeover of Potash Corp. of Saskatchewan Inc., tempering optimism related to gains in stocks and raw materials. The loonie traded ... (Source: BusinessWeek 2010-11-04T19:03:43Z)

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