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 / May 31, 2011, 2:41 pm

Intesa's IMI, F2i to Buy Metroweb in 436-Million-Euro Deal

May 31 (Bloomberg) -- Intesa Sanpaolo SpA's IMI Investimenti unit and infrastructure fund F2i SpA agreed to buy Metroweb SpA from A2A SpA and Stirling Square Capital Partners in a deal valuing the owner of Milan's largest fiber-optic network at 436 ... (Source: BusinessWeek 2011-05-31T08:51:58Z)

UPDATE 1-Korea Aerospace aims to price $475 mln IPO

[ID:nL3E7F40ZB] Woori Investment & Securities and Hyundai Securities will manage the deal. Proceeds from the IPO will be used partly to invest in facilities to develop aviation equipment and parts. KAI, founded in 1999, posted a net profit of 78.8 billion ... (Source: Reuters 2011-05-31T08:44:48Z)

NFL: Ryan Leaf has benign tumor removed from brain stem

He had surgery a week later at Saint John's Health Center in Santa Monica, Calif., and was released Saturday. "I am looking forward to resting a bit and being with my family," Leaf said in the statement. "This was just another bridge for me to ... (Source: New Haven Register 2011-05-31T21:09:16Z)

Chiquita sued over paramilitary payments

Chiquita's sprawling banana operations in Colombia date to 1899, mostly in remote areas of Santa Marta and Uraba along the Caribbean coast. By the 1970s, the country's civil conflict threatened the banana farms, mostly fomented by the leftist Revolutionary ... (Source: AP - msnbc.com 2011-05-31T09:42:04Z)

In shift, feds target top execs for health fraud

The new tactic is raising the anxiety level - and risks - for corporate honchos at drug companies, medical device manufacturers, nursing home chains and other major health care enterprises that deal with Medicare and Medicaid. Previously, if a company got ... (Source: Courier-Post 2011-05-31T20:54:57Z)

FOREX-Euro rises on Greek aid report; yen falls broadly

The WSJ report was in line with the tone of comments by Berlin's finance minister last week, but substantial barriers appear to remain to the provision of extra financial help needed to deal with Greece's financing needs next year. [ID:nLDE74U0OY] "I would ... (Source: Reuters 2011-05-31T10:17:52Z)

NRF and New Hampshire Retailers Air Radio Ads Urging Shaheen and Ayotte to Support Swipe Fee Reform

Debit cards account for about $20 billion of the total. Congress has yet to deal with credit card swipe fees but included swipe fee reform for debit cards in last year's Wall Street bill. Regulations proposed by the Federal Reserve to implement the ... (Source: StreetInsider.com 2011-05-31T21:23:35Z)

Singer Sean Kingston crashes watercraft in Fla.

No further information was provided. Kingston rose to fame with his 2007 hit "Beautiful Girls" and was also featured on songs by artists including Justin Bieber . His self-titled debut album sold over 1 million copies worldwide. On Twitter, Bieber posted a ... (Source: Los Angeles Times 2011-05-31T07:11:45Z)

Edwards, feds argue over money

An indictment of Edwards appears imminent, but some people on both sides are still hoping for a last-minute plea deal. The prosecutors have decided after a two-year investigation that the hundreds of thousands of dollars that two Edwards donors gave to ... (Source: WPRI 2011-05-31T21:09:16Z)

Sean Kingston stabilized after watercraft crash

A number of hip-hop musicians were in Miami Beach over the weekend for Urban Beach Week. Kingston rose to fame with his 2007 hit "Beautiful Girls" and was also featured on songs by artists including Justin Bieber. His self-titled debut album sold over 1 ... (Source: AP - msnbc.com 2011-05-31T13:16:49Z)

Germany's Merkel on high-profile visit to India

Merkel also made a strong pitch on behalf of a European consortium for a multibillion-dollar deal to supply 126 fighter jets to India. Germany is part of the consortium producing the Eurofighter Typhoon which is competing with the French made Rafale ... (Source: AP - msnbc.com 2011-05-31T10:53:39Z)

National Retail Federation Airs Radio Ads Urging Murkowski and Begich to Support Swipe Fee Reform

Debit cards account for about $20 billion of the total. Congress has yet to deal with credit card swipe fees but included swipe fee reform for debit cards in last year's Wall Street bill. Regulations proposed by the Federal Reserve to implement the ... (Source: StreetInsider.com 2011-05-31T21:30:45Z)

Sean Kingston's Passenger in Jet Ski Crash Speaks

As previously reported , The "Beautiful Girls' singer remains in critical condition but it's been reported that his condition has stabilized. Alcohol has been ruled out as a factor in the accident. (Source: BET 2011-05-31T21:23:35Z)

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