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, 1:40 pm

Sanofi Says Genzyme Should Swear Off Defensive Steps

Nov. 8 (Bloomberg) -- Genzyme Corp. should forgo defensive measures such as staggering the terms of its directors to allow shareholders to decide whether they want to accept an $18.5 billion hostile takeover offer from Sanofi-Aventis SA, Sanofi said ... (Source: BusinessWeek 2010-11-08T17:40:14Z)

UPDATE 4-Sara Lee to keep shrinking with bread unit sale

NEW YORK, Nov 9 (Reuters) - Sara Lee Corp ( SLE.N ) will sell its North American bakery business to Mexico's Grupo Bimbo ( BIMBOA.MX ) for $925 million, the latest move to shrink a once-sprawling company that sold everything from hot dogs to underwear ... (Source: Reuters 2010-11-09T20:16:32Z)

Mystery Missile Launch Off Cali Coast

WASHINGTON -- The U.S. Military is scrambling to find out what was seen in skies over Los Angeles last night after a local CBS news helicopter captured video that appears to show a major missile or rocket launch from the Pacific Ocean just north of Santa ... (Source: FOXNews (blog) 2010-11-09T20:23:41Z)

Pentagon can't explain 'missile' off California

The Pentagon said Tuesday it was trying to determine if a missile was launched Monday off the coast of Southern California and, if so, who might have fired it. Spokesmen for the Navy, Air Force, and other military organizations said they were looking into ... (Source: AP - msnbc.com 2010-11-09T19:19:16Z)

Gas Prices Inch Up As Oil Soars

Oil prices flirted with a new high for the year and pump prices could soon follow as Americans map out their plans for Thanksgiving travel. Demand isn't driving the increase like it did in the spring when gasoline rose to $2.92 per gallon just ahead of the ... (Source: NPR News 2010-11-09T21:06:38Z)

Sanofi presses Genzyme over takeover bid

WASHINGTON — French drug maker Sanofi Aventis SA is putting new pressure on biotech drug maker Genzyme to accept its takeover offer, criticizing several defensive maneuvers outlined by the company's board of directors, which rejected the $18.5 billion ... (Source: Boston Globe 2010-11-09T05:07:26Z)

Can Windows Phone 7 compete with the iPhone?

New York – Microsoft is a late entrant into the smartphone wars. How does its new product stand up against the iPhone and Droid? On Monday, AT&T and T-Mobile began selling smartphones powered by Microsoft's new Windows Phone 7 operating system, the ... (Source: YAHOO! 2010-11-09T19:40:44Z)

Carlsberg warns of beer price rises

Carlsberg has warned of looming beer price increases, in the latest sign of pressure on consumers from rising global food prices, following poor harvests this year in some of the world's most important bread baskets. The fourth-largest brewer by sales ... (Source: Financial Times 2010-11-09T18:50:38Z)

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)

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)

Not-so-happy holidays ahead at the fuel pump

There's one place holiday shoppers probably won't find a bargain this year: At the fuel pump. The Federal Reserve is taking steps to stimulate the U.S. economy, but those moves are also helping push oil prices near their high for the year. That increase ... (Source: Daily Oklahoman 2010-11-05T04:50:42Z)

Armed robbers steal 100 'Call of Duty' video games in Bel Air

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 newest game in the popular "Call of Duty" series, which won't go on sale until ... (Source: Allentown Morning Call 2010-11-07T19:07:19Z)

Sara Lee cuts carbs, is selling its bread business

Sara Lee Corp. is cutting the apron strings on its struggling North American bread-making business, selling it to Mexican baking giant Grupo Bimbo for $959 million. The deal makes Grupo Bimbo the largest baker in the U.S. It also marks Sara Lee's last ... (Source: AP - msnbc.com 2010-11-09T21:20:57Z)

Natixis 3Q Net Below Views, To Meet New Rules Without Cash Call

PARIS -(Dow Jones)- French lender Natixis SA (KN.FR) Tuesday reported third-quarter net profit below expectations, hit by one-off charges, but said it will be able to comply with new international banking rules without raising new capital. Net profit in ... (Source: FOXBusiness 2010-11-09T17:39:03Z)

UPDATE 1-Amazon.com to buy owner of Diapers.com, others

* Deal also includes $45 mln in debt and other obligations NEW YORK Nov 8 (Reuters) - Amazon.com ( AMZN.O ) said on Monday it plans to acquire the owner of online shopping sites Diapers.com and Soap.com for $500 million. The deal has been approved by ... (Source: Reuters UK 2010-11-08T14:19:48Z)

Who launched a missile off the coast of Southern California?

A missile launched off the California coast Monday evening and caught on video remained unexplained today, with the military claiming no knowledge of the projectile. A KCBS helicopter crew took footage of the launch, which left a long contrail in the ... (Source: Albany Times Union (blog) 2010-11-09T18:50:38Z)

Carlsberg posts higher profit, upgrades outlook

Danish brewer Carlsberg A/S on Tuesday said third-quarter profits rose 30 percent, as warm weather boosted sales in northern and eastern Europe, and lifted its full-year earnings outlook slightly. The report showed a quarterly net profit of 1.95 billion ... (Source: AP - msnbc.com 2010-11-09T10:00:55Z)

Natixis Profit Below Views; No Cash Call For New Rules

PARIS -(Dow Jones)- French lender Natixis SA (KN.FR) Tuesday reported third-quarter net profit below expectations, hit by one-off charges, but said it will be able to comply with new international banking rules without raising new capital. Net profit in ... (Source: FOXBusiness 2010-11-09T19:12:06Z)

At a glance: Sara Lee's deal with Grupo Bimbo

Sara Lee Corp. is selling its North American fresh bakery unit to Grupo Bimbo for $959 million. About the companies: Sara Lee Corp. HEADQUARTERS: Downers Grove, Ill. STOCK: New York Stock Exchange, ticker SLE BRANDS: Include Ball Park, Hillshire Farm ... (Source: AP - msnbc.com 2010-11-09T19:19:16Z)

Microsoft's Windows Phone 7 HTC HD7 sells out temporarily online

Smart phones running Microsoft's new Windows Phone 7 operating system arrived in stores Monday. And at least one of the phones has been a sellout, for a few hours at least. The HTC HD7 , sold by T-Mobile, was listed as being out of stock on T-Mobile's ... (Source: Los Angeles Times 2010-11-09T20:30:51Z)

Carlsberg Lifts Profit Forecast

STOCKHOLM—Danish brewer Carlsberg A/S raised its full-year operating profit forecast Tuesday as it reported a 31% rise in third-quarter net profit, helped by cost cutting and strong sales in Russia. The maker of Tuborg, Carlsberg and Kronenbourg beer ... (Source: Wall Street Journal 2010-11-09T06:54:48Z)

Cops: Fla. mother wanted money from son's sale

Investigators say a Florida woman knew her mother was trying to sell her child and wanted some of the money to pay for a new car. Stephanie Bigbee Fleming of Bradenton was charged Tuesday with being a principal to illegal sale or surrender of a child and ... (Source: San Francisco Gate 2010-11-09T19:12:06Z)

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)

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)

Genzyme Should Swear Off Defensive Measures, Sanofi Says

Nov. 8 (Bloomberg) -- Genzyme Corp. should forgo defensive measures such as staggering the terms of its directors to allow shareholders to decide whether they want to accept an $18.5 billion takeover offer from Sanofi-Aventis SA, Sanofi said. Sanofi is ... (Source: BusinessWeek 2010-11-08T15:52:51Z)

Robbers Steal More Than 100 Copies Of 'Call Of Duty: Black Ops'

BEL AIR, Md. (AP) -- Maryland police say some robbers are giving new meaning to the idea that "Call of Duty: Black Ops" is a really hot video game. Authorities in Bel Air, Maryland, say at least two men ripped off a GameStop store of more than 100 copies ... (Source: WUSA 2010-11-09T15:51:40Z)

FDLE: Woman Tried To Sell 8-Week-Old Grandson

WPBF.com Florida Department of Law Enforcement agents arrested on Friday a Holly Hill woman who they said attempted to sell her 8-week old grandson. Patty Bigbee, 45, was taken to the Volusia County Jail and charged with illegal sale or surrender of a ... (Source: msnbc.com 2010-11-09T00:13:56Z)

Oil above $87 in Asia, at highest since early May

There's one place holiday shoppers probably won't find a bargain this year: At the gas pump. There is plenty of oil and gasoline on hand, and pump prices usually fall this time of year. So what's causing the run-up? Most analysts point to the Federal ... (Source: Daily Oklahoman 2010-11-05T05:19:20Z)

FDLE: Daughter Of Woman Who Tried To Sell Grandson Arrested

WPBF.com The daughter of a Holly Hill woman accused of trying to sell her 8-week-old grandson was arrested Tuesday. Stephanie Fleming, 22, of Bradenton, was charged with illegal sale or surrender of a child. Fleming's 45-year-old mother, Patty Bigbee, and ... (Source: msnbc.com 2010-11-09T21:13:48Z)

Amazon buys Diapers.com in $545 mln deal

SAN FRANCISCO (MarketWatch) — Amazon.com Inc. said Monday that it will buy Quidsi Inc. — the parent company of Diapers.com and Soap.com — in its second largest acquisition since last year's purchase of Zappos.com. Amazon (NASDAQ:AMZN)  will pay $ ... (Source: Marketwatch 2010-11-08T16:57:17Z)

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