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Deals of the Hour / November 4, 2010, 5:41 pm

Oracle To Acquire ATG; ATG Reports Third Quarter 2010 Financial Results

Art Technology Group, Inc. (NASDAQ: ARTG), the leading provider of eCommerce software and related on demand commerce optimization applications, today announced that it has agreed to be acquired by Oracle Corporation for $6.00 per share in cash, or ... (Source: Street.Com 2010-11-03T00:49:41Z)

Casey's ends takeover talks with 7-Eleven

TORONTO (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 ), two months after a second rejected suitor walked away ... (Source: Reuters 2010-11-03T18:43:26Z)

Oracle to buy eCommerce software company ATG

NEW YORK (Reuters) - Oracle Corp said on Tuesday it will buy e-commerce software maker Art Technology Group Inc for $1 billion, or $6.00 a share. Oracle's offer for ATG represents a 46 percent premium to ATG's close of $4.10 on Nasdaq. The deal is subject ... (Source: Reuters 2010-11-02T12:39:32Z)

Marco Rubio rockets to U.S. Senate, easily beating challengers Charlie Crist and Kendrick Meek

Former Florida House Speaker Marco Rubio won a seat in U.S. Senate Tuesday, defeating Gov. Charlie Crist, who quit their Republican Party to run against him, and dashing Democrat Kendrick Meek's ambitions. Rubio, 39, took the Senate seat vacated by fellow ... (Source: MiamiHerald.com 2010-11-02T23:30:57Z)

Oracle to buy Cambridge software firm ATG for $1b

Giant business software maker Oracle Corp. will pay $1 billion to acquire Art Technology Group Inc. of Cambridge, a major producer of the software used by retailers to power their online sales. Art Technology Group, better known as ATG, "will now have the ... (Source: Boston Globe 2010-11-03T07:37:42Z)

Pistons, without Rip Hamilton, lose to Celtics

Kevin Garnett led five Celtics in double figures with 22 points as the Pistons fell to the Celtics, 109-86, tonight at the Palace. Detroit has started the season 0-4. Charlie Villanueva scored 17 points off the bench to lead the Pistons. Austin Daye scored ... (Source: Detroit Free Press 2010-11-03T02:01:16Z)

Media sector wrings hands on 2011 outlook

NEW YORK (Reuters) – Time Warner and News Corp beat quarterly earnings expectations on Wednesday but having surfed the advertising recovery wave this year could be hard pressed to sustain the momentum in 2011. News Corp's 16 percent rise in U.S. cable TV ... (Source: YAHOO! 2010-11-04T01:02:49Z)

Celtics report: Notes, quotes

--F Kevin Garnett denied Detroit F Charlie Villanueva's charge that Garnett called him a "cancer patient" while trash talking during the Celtics' win over the Pistons Tuesday. Villanueva, who has alopecia universalis, a disease that causes him not to grow ... (Source: CBS Sports 2010-11-04T07:50:50Z)

Florida's Marco Rubio Wins Senate Seat

In another expected outcome, Republican Marco Rubio will be the new senator from Florida, beating Gov. Charlie Crist, who left the Republican Party to run as an independent, and Kendrick Meek, the Democrat. With 34 percent of the votes counted according to ... (Source: NPR News 2010-11-03T00:49:41Z)

Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Art ...

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Art Technology Group, Inc. ("Art Technology" or the "Company") (NASDAQ. ARTG) for potential breaches of fiduciary ... (Source: PR Inside 2010-11-03T21:06:36Z)

Microsoft Launches Kinect in the Battle With Google, Apple for the Living Room

Having faced multiple hardware debacles ranging from Zune to Kin, Microsoft(Nasdaq: MSFT) is out to prove naysayers false with Xbox add-on Kinect, a motion sensor and voice recognition technology-based device that allows users to control games and movies ... (Source: msnbc.com 2010-11-04T18:13:36Z)

Gadget Lab Podcast: Xbox Kinect, Wired's Fall Test, Skyfire

In this week's Gadget Lab podcast, Wired.com's Danny Dumas joins the show to gush about the Xbox Kinect , a brand new accessory that basically turns your body into a game controller. It uses cameras and microphones to detect your skeletal structure ... (Source: Wired News 2010-11-04T22:09:50Z)

NBC projects Rubio winner in Florida Senate

NBC News projects Republican Marco Rubio the winner of the three-way Florida Senate race. Independent Charlie Crist and Democrat Kendrick Meek split the anti-Rubio vote, allowing the Cuban-American conservative to cruise to a fairly easy victory in the ... (Source: MSNBC Firstread 2010-11-02T23:59:35Z)

LG Rumored To Be Planning Tablet In 2011

Reuters reported Thursday that according to a source, LG Electronics Inc. plans to launch an 8.9-inch tablet device based on an upcoming version of Google's Android operating system. The source said the device will be rolled out in South Korea and overseas ... (Source: Redorbit.com 2010-11-04T16:40:33Z)

UPDATE 1-Oracle to buy eCommerce software company ATG

NEW YORK, Nov 2 (Reuters) - Oracle Corp ( ORCL.O ) said on Tuesday it will buy e-commerce software maker Art Technology Group Inc ( ARTG.O ) for $1 billion, or $6.00 a share. Oracle's offer for ATG represents a 46 percent premium to ATG's close of $4.10 on ... (Source: Reuters 2010-11-02T12:39:32Z)

Broadcast nets grapple with Google TV

The prevailing winds in the network and cable programming world are buffeting the latest effort to marry off TV and the Web once and for all. Google let it be known last week that ABC, CBS and NBC are blocking online viewing of their shows via the ... (Source: Variety 2010-10-25T11:01:39Z)

Google TV executive says broadcasters 'misunderstand' role of its online TV platform

LOS ANGELES - Attempts by broadcasters to seek payment for allowing their online video to be viewed through Google Inc.'s new Web-connected TV platform represents a "misunderstanding" of what it is, a Google executive said Tuesday. Broadcasters ABC, NBC ... (Source: Minneapolis Star Tribune 2010-11-03T10:22:21Z)

Broadcasters "Misunderstand" Google TV, Says Exec

Los Angeles, CA (AP) -- Google TV's lead product manager says any attempt by broadcasters to seek payment for allowing their websites' content to be viewed through its Web-connected TVs represents a "misunderstanding" of Google TV. Rishi Chandra said that ... (Source: WLTX.com 2010-11-02T21:29:15Z)

On the Call: Time Warner CEO Jeff Bewkes

Media conglomerate Time Warner Inc. reported lower quarterly net income Wednesday due to debt-related charges, but its adjusted earnings outpaced Wall Street's expectations. In a conference call with analysts, CEO Jeff Bewkes said the company is working to ... (Source: AP - msnbc.com 2010-11-03T19:40:42Z)

Shaquille O'Neal's status on hold

U pon further review last night, Shaquille O'Neal was given the night off to rest his bruised right knee for the second straight game. "I don't even know if he'll play on this upcoming trip," coach Doc Rivers said prior to last night's win over ... (Source: Boston Herald 2010-11-04T09:02:25Z)

Exec Says Broadcasters Misunderstand Google TV

LOS ANGELES (November 2, 2010)--Google TV's lead product manager says any attempt by broadcasters to seek payment for allowing their websites' content to be viewed through its Web-connected TVs represents a "misunderstanding" of what Google TV is all about ... (Source: KWTX 2010-11-02T21:50:44Z)

UPDATE 4-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 ), two months after a second rejected suitor walked ... (Source: Reuters UK 2010-11-03T21:35:14Z)

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)

LG Elec to launch 8.9-inch tablet in early 2011: source

LG Electronics Inc, the world's No.3 handset vendor, plans to launch an 8.9-inch tablet device based on an upcoming version of Google's Android operating system, a source close to the matter said on Thursday. The device, to run on Google's upcoming ... (Source: msnbc.com 2010-11-04T02:57:21Z)

LG Elec to launch 8.9-inch tablet early 2011: Source

SEOUL: LG Electronics Inc, the world's No 3 handset vendor, plans to launch an 8.9-inch tablet device based on an upcoming version of Google's Android operating system, a source close to the matter said on Thursday. The device, to run on Google's upcoming ... (Source: Economic Times 2010-11-04T09:45:22Z)

Motion control shootout: Xbox 360 Kinect vs. PlayStation Move vs. Nintendo Wii Remote Plus

Clearly Nintendo did something right: years after incorporating motion controls into the Wii , the competition is finally following suit. With the Microsoft Xbox 360 Kinect , Sony PlayStation Move , and even the Nintendo Wii Remote Plus controller all ... (Source: CNET News 2010-11-04T22:16:59Z)

Canada PM defends decision to block takeover

Canada's prime minister says even those in favor of foreign investment in Canada were opposed to BHP Billiton's takeover bid for Potash Corp. of Saskatchewan. Prime Minister Stephen Harper said Thursday he strongly supports the decision and says it has ... (Source: AP - msnbc.com 2010-11-04T19:32:21Z)

WRAPUP 12-Canada blocks BHP's Potash bid, stuns investors

SYDNEY/OTTAWA, Nov 4 (Reuters) - Canada blocked BHP Billiton's ( BLT.L ) $39 billion bid for Potash Corp ( POT.TO ) and left little room for a modified offer, throwing the spotlight on how the world's largest miner can find new avenues for growth. Canada ... (Source: Reuters 2010-11-04T16:04:46Z)

7-Eleven's efforts to buy Casey's chain end without deal

Discussions between 7-Eleven Inc. and an Iowa-based convenience store chain have ended without a deal. Dallas-based 7-Eleven increased its offer to $43 a share, or more than $2 billion, for convenience store operator Casey's General Stores Inc., but it was ... (Source: Dallas Morning News 2010-11-04T03:11:40Z)

Oracle strikes $1b deal for Cambridge firm

Giant business software maker Oracle Corp. will pay $1 billion to acquire Art Technology Group Inc. of Cambridge, a major producer of software used by retailers to power online sales. Art Technology Group, better known as ATG, "will now have the ... (Source: Boston Globe 2010-11-04T09:38:13Z)

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