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 8, 2010, 3:40 pm

SAG and AFTRA reach deal with Hollywood studios

Hollywood's actors' unions and the major studios reached an early agreement on a new film and TV labor contract, capping nearly six weeks of talks aimed at averting a debilitating labor dispute. The tentative accord announced Sunday morning would provide ... (Source: Los Angeles Times 2010-11-08T08:00:25Z)

Eli Lilly Buys Disease Diagnosis Developer Avid for $300M

Pharmaceutical company Eli Lilly ( LLY ) said it has agreed to buy privately-held experimental neurological drug maker Avid Radiopharmaceuticals for up to $800 million to expand its presence into drugs that treat Alzheimer's Disease and other conditions ... (Source: FOXBusiness 2010-11-08T19:06:08Z)

Avid deal boosts Eli Lilly's diagnostics capabilities

So what is Avid Radiopharmaceuticals, the Philadelphia company that signed a deal worth a potential $800 million with a Big Pharma company on Monday? Philadelphia-based Avid was founded in late 2004 by Daniel M. Skovronsky , who had been scientific ... (Source: Birmingham Business Journal 2010-11-08T16:21:29Z)

Telenor Says Position on VimpelCom-Orascom Deal Hasn't Changed

Telenor ASA's position on the proposal to VimpelCom Ltd. with Egyptian billionaire Naguib Sawiris's Orasom Telecom hasn't changed, spokesman Dag Melgaard said by telephone. "Telenor supports VimpelCom's international expansion plans and that's ... (Source: Bloomberg 2010-11-08T10:02:06Z)

Harford robbers steal more than 100 'Call of Duty: Black Ops' video games

Handgun-wielding robbers who burst into a video-game store in Harford County over the weekend made off with more than just cash; They also stole more than 100 copies of the highly anticipated "Call of Duty: Black Ops," which won't go on sale until Tuesday ... (Source: Los Angeles Times 2010-11-07T19:28:47Z)

Summary Box: Amazon to buy Diapers.com owner

THE TRANSACTION: Amazon.com Inc. is buying Quidsi, the owner of Diapers.com and Soap.com, for $500 million in cash. WHAT IT MEANS: Amazon already has an online baby store. Cowen and Co. analyst Jim Friedland says the deal "positions Amazon to dominate the ... (Source: AP - msnbc.com 2010-11-08T23:16:40Z)

What's between Black Friday and Cyber Monday? NYC mayor promotes 'Small Business Saturday'

NEW YORK (AP) — There's Black Friday and Cyber Monday . Now, New York Mayor Michael Bloomberg and American Express CEO Kenneth Chenault (sheh-NAHLT') want shoppers to take out their credit cards one more time for Small Business Saturday. Bloomberg says ... (Source: Chicago Tribune 2010-11-08T16:35:48Z)

FBI Rescues 69 Child Prostitutes

WASHINGTON (November 8, 2010)--The FBI said Monday it has found 69 child prostitutes across the country during a three-day crackdown on the sexual exploitation of children. Federal, state and local authorities in 40 cities also arrested 884 people ... (Source: KWTX 2010-11-08T21:29:18Z)

Report: HP accuser said Hurd leaked inside deal info

Jodie Fisher , the former Hewlett-Packard Co . contractor in the middle of the Mark Hurd resignation , reportedly accused him of leaking inside information to her. The Wall Street Journal cited unnamed sources who said the claim came in a letter in which ... (Source: Birmingham Business Journal 2010-11-08T18:23:11Z)

Call of Duty: Black Ops Stolen At Gunpoint

Video game violence hit a little too close to home last weekend, as armed robbers in Maryland held up a video game store and ran off with 100 unreleased copies of the combat-themed Call of Duty: Black Ops video game. According to a statement from the ... (Source: PC Magazine 2010-11-08T23:23:50Z)

Vue Entertainment to Reach an Agreement with Doughty Hanson

In a deal that would involve the transfer of £450 million, the private equity firm Doughty Hanson would be looking to but the third-largest cinema chain in Britain, Vue Entertainment. The agreement, which has not yet been finalized, would help Vue ... (Source: Topnews 2010-11-08T15:52:51Z)

Summary Box: Eli Lilly to buy Avid

THE DEAL: Drugmaker Eli Lilly and Co. will spend up to $800 million to buy Avid Radiopharmaceuticals, a privately held company that is developing an agent that may help diagnose Alzheimer's disease. ALZHEIMER'S PREDICTOR: Avid is seeking Food and Drug ... (Source: AP - msnbc.com 2010-11-08T20:53:30Z)

Actors' unions, studios reach deal

LOS ANGELES - Hollywood's actors' unions and the major studios reached an early agreement on a new film and TV contract, capping nearly six weeks of talks aimed at averting a protracted labor dispute. As expected, the deal announced Sunday between the ... (Source: Citizen's Voice 2010-11-08T08:50:31Z)

UPDATE 1-Sawiris sceptical on Orascom/Vimpelcom deal

OSLO, Nov 7 (Reuters) - Egyptian billionaire Naguib Sawiris said the chances of completing a $6.6 billion merger between his company Orascom ( ORTE.CA ) and Russian mobile operator Vimpelcom ( VIP.N ) were at best 50 percent. Sawiris said Norway's Telenor ... (Source: Reuters 2010-11-07T16:44:09Z)

Actors unions reach film and TV deal

LOS ANGELES, Nov 7, 2010 (UPI via COMTEX) -- Officials said Sunday Hollywood's actors' unions and the major studios have reached an early agreement on a new film and TV contract. The pact after nearly six weeks of talks and possibly averted a protracted ... (Source: Investors Business Daily 2010-11-07T18:17:12Z)

Amazon to buy Diapers.com owner Quidsi for $500 million

Amazon plans assume about $45 million in debt and other obligations as part of the deal, which has been approved by Quidsi's shareholders. Soap.com sells health, beauty and cleaning products online, while Diapers.com sells baby-care items, including food ... (Source: Cleveland Plain Dealer 2010-11-08T19:20:27Z)

FBI: 69 children, 99 pimps found in US crackdown

More than five dozen child prostitutes have been found in the last three days as part of a nationwide crackdown on the sexual exploitation of children, the FBI said Monday. FBI spokesman Jason Pack said 69 children were removed from prostitution and 99 ... (Source: AP - msnbc.com 2010-11-08T18:30:20Z)

UPDATE 1-Doughty Hanson buys Vue, UK's No. 3 cinema chain

LONDON, Nov 8 (Reuters) - Private equity firm Doughty Hanson [DOUHA.UL] agreed to buy Vue Entertainment [VUENT.UL], Britain's third-biggest cinema chain, in a deal which a source said valued the business at about 450 million pounds ($728 million). Doughty ... (Source: Reuters UK 2010-11-08T19:41:55Z)

Doughty Hanson to buy Vue, No. 3 UK cinema chain

LONDON (Reuters) – Private equity firm Doughty Hanson agreed to buy Vue Entertainment, Britain's third-biggest cinema chain, in a deal that a source said valued the business at about 450 million pounds ($728 million). Doughty Hanson is betting digital ... (Source: YAHOO! 2010-11-08T19:49:05Z)

Amazon Absorbs Diaper Competitor Quidsi

Online retail giant will pay $500 million in cash in a deal that echoes last year's Zappos acquisition. Amazon.com announced Monday it will acquire Quidsi, the owner of retail sites Diapers.com and Soap.com, which sell baby products and household ... (Source: Forbes 2010-11-08T17:54:33Z)

World Series of Poker heads-up prevew links: Jonathan Duhamel vs. John Racener primer

Jonathan Duhamel or John Racener. Who will be the next World Series of Poker main event champion? If Saturday's action was any indication, we could be in for a wild ride during heads-up play tonight from the Rio All-Suites Hotel and Casino in Las Vegas. Or ... (Source: MLive.com 2010-11-08T20:17:43Z)

"Small Business Saturday" follows on the heels of Black Friday and Cyber Monday

NEW YORK — Hoping to drum up support for independent merchants, American Express' CEO said Monday that his company will promote "Small Business Saturday" on the weekend after Thanksgiving. "This is the start of a movement," said Kenneth ... (Source: Colorado Springs Gazette 2010-11-08T21:57:56Z)

Intensity up for 9 World Series of Poker finalists

LAS VEGAS - When 26-year-old poker professional Jason Senti of St. Louis Park recently got a cold, he did something he wouldn't normally do — he planned a visit to the doctor. Given that he's in the running to win $8.94 million at the World Series of ... (Source: Minneapolis Star Tribune 2010-11-05T19:31:10Z)

Sustaining Lesson from HP vs. Mark Hurd: Perception Can Get You Fired

Perhaps the title of this should be "The Drama That Never Ends," but at the end of last week, the real reason why Mark Hurd was likely fired was finally made public. Apparently, it was the perception that he leaked confidential information on the EDS ... (Source: IT Business Edge 2010-11-08T21:14:59Z)

More than 100 copies of Call of Duty: Black Ops stolen in Maryland

Patience is a virtue that some video game fanatics apparently don't have. With the hugely anticipated Call of Duty: Black Ops going on sale at midnight, two men jumped the gun when they stole more than 100 copies of the game from a retailer Saturday ... (Source: Los Angeles Times 2010-11-08T19:34:46Z)

What's between Black Friday and Cyber Monday? AmEx promotes 'Small Business Saturday'

NEW YORK (AP) — Hoping to drum up support for independent merchants, American Express ' CEO said Monday that his company will promote "Small Business Saturday" on the weekend after Thanksgiving. "This is the start of a movement," said Kenneth Chenault ... (Source: Los Angeles Times 2010-11-08T20:17:43Z)

Sex, lies and HP

There's more to the story of Jodie Fisher, Mark Hurd, and now Gloria Allred's role in the HP case, than has been reported. But it would probably take a legal action on the order of a shareholder lawsuit to find out what we don't already know Everyone has ... (Source: Fortune Tech 2010-11-08T15:52:51Z)

Finalists set for World Series of Poker main event

LAS VEGAS (AP) -- When 26-year-old poker professional Jason Senti recently got a cold, he did something he wouldn't normally do -- he planned a visit to the doctor. Given that he's in the running to win $8.94 million at the World Series of Poker main event ... (Source: CNN Sports Illustrated 2010-11-06T04:13:43Z)

FBI: 69 children found, 99 pimps arrested in national bust

WASHINGTON -- More than five dozen child prostitutes have been found in the last three days as part of a nationwide crackdown on the sexual exploitation of children, the FBI said Monday. FBI spokesman Jason Pack said 69 children were removed from ... (Source: Chicago Sun-Times 2010-11-08T21:29:18Z)

Sawiris sceptical on Orascom-Vimpelcom deal

Egyptian billionaire Naguib Sawiris told a Norwegian newspaper that the chances of completing a $6.6bn merger between his company Orascom and Russian mobile operator Vimpelcom were at best 50 percent. Sawiris was quoted by Dagens Naerinsliv as saying that ... (Source: ArabianBusiness.com 2010-11-07T13:23:43Z)

Blog Archive