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Deals of the Hour / November 9, 2010, 9:39 pm

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)

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)

Robbers steal new 'Call of Duty' video game in Md.

BEL AIR, Md.—Authorities in northeast Maryland say robbers have stolen more than 100 copies of the highly anticipated "Call of Duty: Black Ops" video game, which doesn't go on sale until Tuesday. The Harford County Sheriff's Office says at least two ... (Source: KHOU 2010-11-08T15:52:51Z)

Robbers steal new 'Call of Duty' video game

BEL AIR, Md. -- Authorities in northeast Maryland say robbers have stolen more than 100 copies of the highly anticipated "Call of Duty: Black Ops" video game, which doesn't go on sale until Tuesday. The Harford County Sheriff's Office says at least two men ... (Source: Pantagraph 2010-11-08T16:57:17Z)

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)

Lilly to buy Avid Radiopharmaceuticals in deal worth up to $800 million

INDIANAPOLIS (AP) — Drugmaker Eli Lilly says it will buy Avid Radiopharmaceuticals in a deal that could be worth up to $800 million. Lilly says the privately held Philadelphia company has no products on the market. But it is seeking regulatory approval ... (Source: Chicago Tribune 2010-11-08T13:51:10Z)

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)

Ambac Seeks Bankruptcy Protection

Yesterday, bond insurer Ambac Financial Group Inc. (NYSE: ABK - News ) filed for bankruptcy protection under Chapter 11 Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. Ambac had for the first time announced that ... (Source: Yahoo Finance 2010-11-09T20:45:10Z)

David Ortiz Staying With Red Sox, Adrian Beltre Will Test Free Agent Waters

David Ortiz had his team option picked up Thursday by the Boston Red Sox. Entering the final year of his deal, the slugger will make $12.5 million while occupying his familiar spot as designated hitter for the Bo Sox. The decision to pick up the final year ... (Source: Bleacherreport.com 2010-11-04T19:46:40Z)

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)

Lilly keeps focus on Alzheimer's

Just three months after Eli Lilly and Co. halted development of a much-anticipated treatment for Alzheimer's disease, the company is making another multimillion-dollar bet on the ailment. The Indianapolis drug maker said Monday it has agreed to spend up to ... (Source: Indianapolis Star 2010-11-09T11:48:17Z)

Black Friday 2010: Walmart and Best Buy Deals Revealed, Several Sites Provide Previews, Pre-Black Friday ...

Black Friday 2010 at stores like Walmart and Best Buy will feature some incredible deals, most notably on consumer electronics. Though the ad circulars have yet to be released and official announcements have not been made by Walmart and Best Buy, several ... (Source: Associated Content 2010-11-04T22:02:40Z)

Source: Free-agent OF Werth on Red Sox radar

BOSTON -- The Red Sox , as expected, have contacted agent Scott Boras regarding their interest in free-agent outfielder Jayson Werth , according to a baseball source. There was no word yet on whether the team was pursuing outfielder Carl Crawford ... (Source: ESPN.com 2010-11-08T16:50:07Z)

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)

Chevron to acquire Atlas Energy for $4.3 billion

Chevron Corp. said today it is once again tapping Western Pennsvlyania for a major energy acquisition, announcing it is buying natural producer Atlas Energy Inc. in a cash-and-stock deal worth $3.4 billion. Including debt, the deal is worth $4.3 billion ... (Source: Pittsburgh Tribune-Review 2010-11-10T00:34:13Z)

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)

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)

Asian-Pacific ministers meet to push free trade goals, fend off threats to global recovery

YOKOHAMA, JAPAN — Ministers of Pacific Rim economies whose resilience helped power the still-fragile global recovery met Wednesday to thrash out ways to push ahead with free trade goals despite conflicts over currencies and trade. The trade and foreign ... (Source: Washington Examiner 2010-11-10T02:35:55Z)

LLY's Avid Interest in Alzheimer's

Eli Lilly and Company (NYSE: LLY - News ) recently entered into a definitive merger agreement whereby it intends to acquire privately-held company, Avid Radiopharmaceuticals, Inc. With this deal, Eli Lilly will gain access to Avid's lead candidate ... (Source: Yahoo Finance 2010-11-09T17:17:34Z)

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

BELLOWS FALLS — 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: Burlington Free Press 2010-11-10T04:59:05Z)

Red Sox can look for answers within

Carl Crawford? Jayson Werth? Adrian Gonzalez ? Prince Fielder ? After the Boston Red Sox missed the postseason for just the second time in the Epstein Era, there are scenarios placing one or two members of that group at Fenway Park in 2011. From the oldest ... (Source: FOXSports.com 2010-11-09T18:14:50Z)

$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)

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)

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)

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)

Wal-Mart And Best Buy Running Pre-Black Friday Deals

Retailers are preparing their big Black Friday deals and Wal-Mart and Best Buy are starting early with special holiday sales this weekend. Wal-Mart is running a two-day sale on electronics November 6-7. While they don't have any of their freshly stocked ... (Source: Mediabistro.com 2010-11-05T20:21:16Z)

Pacific Rim ministers meet to push free trade

Ministers of Pacific Rim economies whose resilience helped power the still-fragile global recovery met Wednesday to seek ways to push ahead with free trade goals despite conflicts over currencies and trade. The trade and foreign ministers are polishing a ... (Source: AP - msnbc.com 2010-11-10T04:37:36Z)

APEC debates having power to forge free-trade deals

YOKOHAMA, Japan — Pacific Rim economies are debating whether to give APEC the power to negotiate free-trade pacts, a move that could pave the way for a massive free-trade zone that lowers tariffs on goods from electronics to food. Members of the Asia ... (Source: Denver Post 2010-11-09T08:35:01Z)

Vt. barber says not good at cutting blacks' hair

A white 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 runs Mike's Barber Shop in Bellows Falls, a village of about 3,500 ... (Source: AP - msnbc.com 2010-11-09T21:28:07Z)

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)

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