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 3, 2011, 2:44 pm

Isiah Thomas not interested in Knicks

When Dolan hired Thomas as a consultant instead, NBA commissioner David Stern voided the deal because he viewed Thomas' role as a college coach as a conflict of interest. On a Friday conference call with reporters, Walsh called constant news media reports ... (Source: ESPN.com 2011-06-03T21:12:52Z)

These 3 Companies Announced Interesting Earnings This Week

Shares were slammed in trading today with "Bank" shares falling almost 14% by closing time. Although, the quality retailer's earnings did offer some redeeming financial statistics. Last quarter marked the fifth consecutive quarter of gross margins ... (Source: Yahoo Finance 2011-06-03T13:13:16Z)

Zimbabwe cop murder suspects show signs of torture

Regional countries including South Africa pressured Mugabe to accept Tsvangirai and the MDC in a power-sharing deal. The MDC said that the past week saw police making house-to-house searches all over the township that targeted party officials, many of whom ... (Source: Monsters and Critics 2011-06-03T21:27:11Z)

Marchionne: Fiat has cash to buy Chrysler shares

If Canada were to take the same deal as the U.S. and sell its 1.7 percent stake and the health trust were interested in a private sale to Fiat of its 45 percent, then an IPO would not be necessary, Marchionne said. Getting rid of all government ... (Source: Detroit News 2011-06-03T21:12:52Z)

100 Black Men Offer Swim Lessons

WAPT.com The 100 Black Men of Jackson are offering swim lessons this summer. The group said more than 60 percent of Jackson Public Schools students don't know how to swim. In an effort to change that, the group is offering swim lessons. The program costs $ ... (Source: msnbc.com 2011-06-03T21:12:52Z)

Raptors F Johnson has surgery on ankle

He signed a five-year deal worth $34 million last summer. He averaged career highs in points (9.6), rebounds (6.4), minutes (25.7) and starts (54) in 2010-11. (Source: FOXSports.com 2011-06-03T21:12:52Z)

Chrysler CEO says IPO won't come before next year

The deal will give Fiat a majority 52 percent stake in the automaker, just two years after it agreed to manage Chrysler after its bankruptcy. He's currently talking with Canadian officials about buying that country's 1.7 percent ownership in Chrysler. (Source: Cleveland Plain Dealer 2011-06-03T21:27:11Z)

Storms Rip Through Spartanburg County

Most Popular Stories at WYFF 4 Storm Damages SC Governor's Mansion Sheriff's Former Mistress Files Lawsuit Deputies: Man Having Yard Sale Stabbed, Robbed Woman, 72, Recovering After Dog Attack Injured Boater Air Lifted To Hospital (Source: msnbc.com 2011-06-03T13:41:54Z)

MLB: Will Debt Issue Undermine the Futures of Some Prominent Franchises?

the Dodgers have been appointed an oversight trustee by Selig as owner Frank McCourt deals with a contentious divorce; and the Rangers emerged from bankruptcy court last summer before advancing to the World Series. "You've got to be thinking, with two of ... (Source: Bleacherreport.com 2011-06-03T21:20:02Z)

Walsh out as Knicks president, will stay on as consultant

Although James and Bosh both signed with the Miami Heat last summer, the Knicks landed Stoudemire to a whopping five-year, 100 million dollar deal. In February, Walsh brought in a second superstar, acquiring Carmelo Anthony from Denver in a multi-player swap. (Source: Monsters and Critics 2011-06-03T20:58:33Z)

Fiat to Buy Remaining U.S. Govt. Stake in Chrysler

Italian automaker Fiat agreed Thursday to buy the U.S. Treasury's 6 percent interest in Chrysler for $500 million. Once the deal closes, the government will no longer hold a stake in the auto company. President Barack Obama is expected to announce the ... (Source: FOX News 2011-06-03T12:51:47Z)

NFL, players state their case in St. Louis court

Judge Bye acknowledged the rarity of a "standing-room only" crowd. They listened to NFL attorney Paul Clement and players attorney Ted Olson spend a good deal of their allotted 30 minutes grappling with the issue of antitrust law vs. labor law in light of ... (Source: St. Louis Post-Dispatch 2011-06-03T21:20:02Z)

New Issue-Vulcan Materials sells $1.1 bln in two parts

The size of the deal was increased from an originally planned $1 billion. Bank of America Merrill Lynch, Goldman Sachs and SunTrust Robinson Humphrey were the joint bookrunning managers for the sale. BORROWER: VULCAN MATERIALS CO TRANCHE 1 AMT $500 MLN ... (Source: Reuters 2011-06-03T21:20:02Z)

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