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 9, 2010, 11:39 pm

Four Corners Transaction Would Shutter 3 of 5 Units

Arizona Public Service Company announced a deal Monday to purchase Southern California Edison's ownership in two units of the coal-fired Four Corners Power Plant near Farmington for $294 million. If the transaction is approved by federal and state ... (Source: TradingMarkets.com 2010-11-09T14:32:56Z)

Some stores getting jump on Black Friday

The unofficial start of the holiday shopping season is Nov. 26, but for some retailers, it began last month. This year, more retailers are pushing heavily discounted deals with early Black Friday sales. Alice Panzico of Monroe will take full advantage of ... (Source: Jackson Clarion-Ledger 2010-11-10T07:07:56Z)

Goldman, Natixis to settle court spat

LONDON (Reuters) - Wall Street heavyweight Goldman Sachs ( GS.N ) and French rival Natixis ( CNAT.PA ) were close to settling a London court case on Tuesday over a terminated bond deal that highlights a rising tide of financial legal spats. One lawyer told ... (Source: Reuters UK 2010-11-09T13:35:40Z)

UPDATE 1-Goldman, Natixis close to settling UK court case

LONDON, Nov 9 (Reuters) - Wall Street heavyweight Goldman Sachs ( GS.N ) and French rival Natixis ( CNAT.PA ) were close to settling a London court case on Tuesday over a bond deal that highlights a rising tide of financial legal spats. One lawyer told a ... (Source: Reuters 2010-11-09T13:28:30Z)

Barber says he's not good at cutting blacks' hair, turns away customer

BELLOWS FALLS — A Vermont barber who turned away a black customer says he was trying to avoid embarrassment for both of them because he's no good at cutting black people's hair. Mike Aldrich, who run's Mike's Barber Shop in Bellows Falls told the would ... (Source: Burlington Free Press 2010-11-09T21:20:57Z)

$4 billion deal will give Chevron Pennsylvania stake

Chevron Corp.'s planned acquisition of Atlas Energy Inc. gives the nation's second-biggest oil company a direct route to the gas-rich Marcellus shale formation in Western Pennsylvania. The $4.3 billion deal announced Tuesday means that Atlas, based in Moon ... (Source: Pittsburgh Tribune-Review 2010-11-10T04:51:55Z)

Black Friday 2010 Sales to Offer More Discounts Than 2009

Couponcodes4u, one of the leading coupon websites in the US, is ready to offer its share of Black Friday sales this month. A special Black Friday section has been launched to help shoppers make the most of the best deals online from leading retailers. The ... (Source: msnbc.com 2010-11-09T16:56:06Z)

Amazon Shells Out $500 Million For Quidsi

Amazon.com said today it has agreed to acquire internet retailer Quidsi, which owns Diapers.com and Soap.com, for $500 million in cash. The deal will also include the assumption of about $45 million in debt. Diapers.com sells baby supplies, including its ... (Source: Forbes 2010-11-08T16:57:17Z)

Vodafone Ups Outlook; Reveals Japanese Sale

Vodafone , the world's largest mobile operator by revenue, raised its full-year outlook and announced the latest stage in its disposal program, a 3.1 billion pound sale of interests in Japanese carrier SoftBank. The British carrier, which recently sold its ... (Source: CNBC 2010-11-09T10:15:14Z)

UTILITIES: Ariz. utility plans partial closure of power plant

FLAGSTAFF, Ariz. ---- Arizona's largest utility company is seeking majority ownership of two units at a coal-fired power plant it operates in New Mexico and plans to shutter the other three, more polluting generators. Arizona Public Service Company said ... (Source: North County Times 2010-11-10T00:41:23Z)

Vodafone ups outlook; reveals $5 billion Japanese sale

LONDON (Reuters) - Vodafone ( VOD.L ), the world's largest mobile operator by revenue, raised its full-year outlook and announced the latest stage in its disposal program, a 3.1 billion pound sale of interests in Japanese carrier SoftBank. The British ... (Source: Reuters 2010-11-09T15:44:31Z)

Judges Debate Sentencing Of Abu-Jamal

Police widows and supporters of death-row activist Mumia Abu-Jamal listened Tuesday as federal appeals judges in Philadelphia debated whether the former Black Panther deserves a new sentencing hearing in a police officer's death. The appeals court had ... (Source: NPR News 2010-11-09T23:22:39Z)

Vodafone profit jumps on sale of Softbank stake

British telecoms company Vodafone reported Tuesday that net profit for the first half of the year jumped 56 percent to 7.50 billion pounds ($12.12 billion), thanks to higher revenue and the sale of a business. The company lifted its outlook. Vodafone said ... (Source: AP - msnbc.com 2010-11-09T12:24:05Z)

U.S. court hears arguments over fate of death row inmate

PHILADELPHIA (Reuters) - A man languishing on Pennsylvania's death row for 28 years should be spared execution because jurors at his trial were given faulty instructions, the man's lawyer told a U.S. appeals court on Tuesday. Mumia Abu-Jamal, a black ... (Source: Reuters 2010-11-10T03:40:20Z)

APS Announces Landmark Accord for Four Corners Power Plant

Company Agrees to Purchase Southern California Edison Share of Units 4, 5; Close Units 1, 2, 3 if Deal Approved PHOENIX--( BUSINESS WIRE )--Arizona Public Service Company has entered into an agreement to purchase Southern California Edison's ownership in ... (Source: Business Wire 2010-11-08T06:34:31Z)

Barber says he's not good at cutting blacks' hair

BELLOWS FALLS, Vt. — Barber Mike Aldrich says he was trying to avoid embarrassment — and a lousy haircut — when he balked at trimming the hair of Dr. Darryl Fisher. He says he's just no good at cutting black people's hair. Fisher, who's black ... (Source: msnbc.com 2010-11-10T07:07:56Z)

Microsoft Windows Phone 7 devices go on sale

Smart phones running Microsoft's new software are now available for AT&T Inc. and T-Mobile USA customers. They phones will compete with Apple Inc.'s iPhone and an expanding number of phones with Google Inc.'s Android system. The first batch of handsets are ... (Source: AP - msnbc.com 2010-11-08T23:38:09Z)

PREVIEW-Goldman, Natixis to clash in court over credit deal

LONDON/PARIS, Nov 8 (Reuters) - French investment bank Natixis ( CNAT.PA )is due to clash with Wall Street heavyweight Goldman Sachs ( GS.N ) in a British court on Tuesday over a credit derivatives deal which Natixis wants scrapped. The dispute centres ... (Source: Reuters 2010-11-08T18:23:11Z)

Chevron buys into shale gas

Moon natural gas producer Atlas Energy Inc. has agreed to be acquired by Chevron Corp. for $4.3 billion in a deal that accelerates the involvement of the world's major oil companies in development of the Marcellus Shale, a geologic formation containing ... (Source: Pittsburgh Post-Gazette 2010-11-10T05:20:33Z)

Ambac, Black Crow, Orleans, Washington Times, HMP: Bankruptcy

Ambac Financial Group Inc. drew first blood in the Chapter 11 reorganization begun Nov. 8 by suing to block the Internal Revenue Service from taking back $700 million in tax refunds already paid. Ambac said yesterday that the IRS, unless stopped, could ... (Source: Bloomberg 2010-11-10T05:13:24Z)

UPDATE 4-Ambac sues U.S., says IRS may ruin bankruptcy

NEW YORK, Nov 9 (Reuters) - Bond insurer Ambac Financial Group Inc ABKFQ.PK has sued the United States to block a seizure of $700 million of tax refunds that it said could destroy its ability to reorganize in bankruptcy court. The company said the Internal ... (Source: Reuters UK 2010-11-09T22:11:04Z)

U.S. shoppers seem interested in Windows Phone 7

American interest has been piqued, but not crazed, by Microsoft's new Windows Phone 7. The new mobile phone, which Microsoft hopes will mark its comeback into the mobile market, started selling in the U.S. on Monday. AT&T spokeswoman Colleen Smith said the ... (Source: Seattle Times 2010-11-09T22:46:51Z)

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)

HTC Exec Compares Windows Phone 7 to AOL

SAN FRANCISCO—HTC's president of the Americas, Jason MacKenzie, compared Microsoft's Windows Phone 7 to AOL on Tuesday. MacKenzie, speaking at the Open Mobile Summit here, apparently meant the comparison to be a favorable one, otherwise praising ... (Source: PC Magazine 2010-11-10T04:59:05Z)

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)

Best Buy and Walmart Pre-Black Friday Sale

In my continued search to find the best websites and deals to save you time and money, today a round-up of two "blow-outs" at Walmart and Best Buy this weekend and some advice. Walmart = Saturday and Sunday in Store or Online. Best Buy = Today and Saturday ... (Source: WGRZ TV 2010-11-05T09:51:21Z)

Vermont barber says not good at cutting blacks' hair

BELLOWS FALLS, Vt. (AP) — A Vermont barber who turned away a black customer says he was trying to avoid embarrassment for both of them because he's no good at cutting black people's hair. Mike Aldrich, who is white and runs Mike's Barber Shop in Bellows ... (Source: Washington Times 2010-11-09T16:41:47Z)

Ambac Financial Group, Inc. Announces Third Quarter 2010 Results

Other-than-temporary impairment ("OTTI") losses in the financial guarantee investment portfolio were $6.6 million in the third quarter of 2010, compared to OTTI losses of $32.5 million in the third quarter of 2009. The third quarter 2010 OTTI loss was ... (Source: Yahoo Finance 2010-11-09T22:18:13Z)

Chevron to buy Atlas Energy for $3.2 billion in cash and stock

Chevron will buy natural gas producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday. Including debt of about $1.1 billion, the deal is worth $4.3 billion in all. Chevron Corp., based in San Ramon, Calif., is the ... (Source: Los Angeles Times 2010-11-09T14:40:05Z)

Abu-Jamal case back before Philadelphia court

PHILADELPHIA -- Police widows and supporters of death-row activist Mumia Abu-Jamal listened Tuesday as federal appeals judges debated whether the former Black Panther deserves a new sentencing hearing in a police officer's death. The appeals court had ... (Source: Forbes 2010-11-09T22:54:01Z)

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