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 / June 23, 2011, 10:43 am

The Plague of Greek Debt Punishes Banks

With a current stock price of $40.48, JP Morgan is trading at a significant discount to its 52-week high of $48.36 reached on February 16, and below both its 50- and 200-day moving averages. JPM has $70B in global derivative liabilities through credit ... (Source: Seekingalpha.com 2011-06-22T11:24:50Z)

FDA Leaves Silicone Implants on Market Despite Risks

Silicone breast implants were allowed back onto the U.S. market for cosmetic purposes in 2006, after their sale was sharply curtailed by the FDA in 1992 over perceived safety issues. "Despite frequent local complications and adverse outcomes, the benefits ... (Source: Wall Street Journal 2011-06-22T23:20:39Z)

Fed to Maintain Stimulus After Ending Treasury Purchases

"We expect the recovery will continue to be slow and uneven, particularly for more moderate-income households," Gregg Steinhafel , chairman and chief executive of Minneapolis- based Target Corp., the second largest U.S. discount retailer, told investors last month. (Source: Bloomberg 2011-06-22T17:01:16Z)

Europe debt crisis shadows Fed meeting on economy

The Fed could resume that effort if the European crisis worsened. It could also pursue stepped-up lending to financial firms through its emergency loan program, called the discount window. And it could resume the unorthodox loan programs it used during the ... (Source: Yahoo Finance 2011-06-23T04:49:56Z)

The Best Stocks for the Rest of 2011

So below, I present five stocks that I think will continue to do well, regardless of the concerns above. The stocks are reasonably priced, offer very attractive dividends, and even give you great downside protection as some investors grow concerned about ... (Source: Motley Fool 2011-06-22T19:17:17Z)

Scary enough to quit? New cigarette labels revealed

Sebelius said their goal is to stop children from starting to smoke and offer adults who want to quit some help ... Some experts have cited tobacco company discount coupons on cigarettes or lack of funding for programs to discourage smoking or to help ... (Source: msnbc.com 2011-06-22T17:51:23Z)

In Congress, divisions over Libya

GOP leaders also want to offer a resolution similar to the McCain-Kerry measure, but that is expected to fail in the House. The House ban, if approved by both chambers, would represent a further repudiation of President Obama 's policy and would force the ... (Source: Los Angeles Times 2011-06-22T04:22:30Z)

JPMorgan, Credit Suisse Top Greenwich's U.S. Equity Broker List

The largest brokers, including Goldman Sachs in New York and Bank of America in Charlotte , North Carolina , offer more services than other securities ... To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net (Source: Bloomberg 2011-06-23T17:21:34Z)

Greek vote eases market fears ahead of Bernanke

"We do not expect any indications that a further round of Treasury purchases is likely, nor do we expect the Fed to suggest it is likely to move to less accommodative monetary policy any time soon," said Nick Bennenbroek, head of currency strategy at Wells ... (Source: AP - msnbc.com 2011-06-22T15:56:51Z)

Stocks drift higher ahead of the Fed

The home decor retailer is expected to report earnings of 62 cents a share. Video streaming website Hulu LLC is considering putting itself up for sale, according to news reports that cite people familiar with the situation. World markets: European stocks ... (Source: CNN Money 2011-06-22T15:21:03Z)

TMZ: Sean Kingston Released from Hospital

GOD IS GREAT! Thanks for all the prayers and support! Love you ALL!" Most famous for his hit single "Beautiful Girls," Kingston has released two studio albums since his career took off in 2007. The Jamaican-American singer frequently appears as a guest in ... (Source: My Fox Boston 2011-06-23T16:52:56Z)

Best Buy to downsize brick-and-mortar footprint

When it comes to retailing, big is not so beautiful anymore. Weak sales, online competition and changing consumer habits have big-box chains looking to downsize. Best Buy Co. is the latest merchant shedding space, in an initiative that stands out in both ... (Source: Los Angeles Times 2011-06-23T17:07:15Z)

'Pottermore' Secrets Revealed: J.K. Rowling's New Site is E-Book Meets Interactive World

Fans will have 18,000 words of new Harry Potter content to devour in a matter of hours. Meanwhile, Rowling has deftly cornered the market on proceeds from the sale of her books online, without having to pay Apple or Amazon one galleon. ( LIST: Top 10 ... (Source: YAHOO! 2011-06-23T17:14:24Z)

Barca underline Fabregas stance

"[Pep] Guardiola knows the values of players and Cesc's is less than ¬40million. Barcelona will offer less and if they don't accept, then he won't come. Pep knows the club is not well-off in terms of money." (Source: ESPN Soccernet 2011-06-22T07:42:55Z)

Markets Surge as Fear of a Greek Default Eases

"There is increased optimism that one, the prime minister will survive the confidence motion tonight and two, that will pave the way for austerity measures to be passed," said Nick Stamenkovic, a strategist at RIA Capital Markets in London. "As a ... (Source: New York Times 2011-06-22T16:11:10Z)

Jon Huntsman: The new JFK, Reagan, or McCain?

"never found a way to offer voters more than his star-spangled resume." 3. Ronald Reagan The comparison Huntsman is clearly hoping to elicit is with the Gipper, says Paul Bentley at the Daily Mail . He was a staffer in the Reagan White House, has a picture ... (Source: The Week Magazine 2011-06-23T17:00:05Z)

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