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 9, 2011, 4:45 pm

Men's Clothier J. Hilburn Follows Mary Kay's Lead

Venture capitalists have been sartorially inclined recently, investing in clothiers like Bonobos Inc. and Indochino Inc. With customers more comfortable with buying online, these businesses find they can offer better prices due to the lower overhead e ... (Source: Wall Street Journal 2011-06-09T23:14:36Z)

Bruce Berkowitz: Just A Matter of Time for Financials

Is this a perfect time to invest in banks? Plenty on Wall Street believe so. And as Deal Journal colleague Daisy Maxey reports , Bruce Berkowitz is among them: A year to a year and a half ago, said Bruce Berkowitz, manager of the $14.7 billion Fairholme ... (Source: Wall Street Journal 2011-06-09T23:14:36Z)

IPOs Surge While Stocks Struggle

having the backing of a reputable venture capital firm does tend to support interest in a deal." Who is to say if a Groupon is worth $15 billion or deserves a valuation of 10x sales? What we can say for sure is that the S&P 500 trades at 1.3x sales ... (Source: Yahoo Finance 2011-06-09T16:05:06Z)

Wars, budget top agenda for next Pentagon chief

Leon Panetta, President Barack Obama's choice to be the next Pentagon chief, says every part of the defense budget "must be on the table," including possible changes in military pay and benefits, as the administration grapples with spending cuts to deal ... (Source: San Francisco Gate 2011-06-09T14:10:34Z)

Deals of the day -- mergers and acquisitions

[ID:nN0980994] ** Shares in Australian iron ore miner Territory Resources rose over 10 percent on Thursday after commodities firm Noble Group made a A$132.6 million ($141 million) bid, trumping an offer from South African miner Exxaro . [ID:nL3E7H90CA ... (Source: Reuters 2011-06-09T13:27:37Z)

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