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 / September 25, 2010, 1:40 pm

Jamie McCourt: Owners often discussed selling Dodgers

LOS ANGELES - Jamie McCourt testified Monday that she and her husband spoke frequently about selling the Dodgers if the team wasn't making money, though they didn't consider the team's purchase an unusually risky deal. The testimony by the former CEO of ... (Source: San Gabriel Valley Tribune 2010-09-20T18:59:49Z)

Brazil basks in record Petrobras deal

SAO PAULO (Reuters) - President Luiz Inacio Lula da Silva hailed a "new chapter in Brazil's development" on Friday after state oil company Petrobras sold $70 billion in shares at a higher-than-expected price, a record deal that could make the country one ... (Source: Reuters India 2010-09-24T18:26:26Z)

Breakdown: Georgia at Mississippi State

Georgia: Georgia faces its final game without A.J. Green, just as it looks like it may be finding a semblance of a downfield passing attack. Aaron Murray and Kris Durham have hooked up on a few long passes, and Murray moved the team downfield twice in the ... (Source: Ledger-Enquirer 2010-09-25T05:10:41Z)

Netflix CEO Apologizes For Calling You Self Absorbed

It wasn't a particularly good week for Netflix from a PR perspective. First the company was busted for using hired actors to feign enthusiasm at their product launch and give excited quotes to the press. Then Netflix CEO Reed Hastings managed to insult an ... (Source: BroadbandReports.com 2010-09-25T06:22:16Z)

Developers Say Downtown Arena's Not Dead

KCRA.com Cal Expo backed out of a possible land swap plan Friday, but developers said they're still working on ways to get a new Sacramento Kings arena downtown. Developers Gerry Kamilos and David Taylor made it clear that they want to keep the idea alive ... (Source: msnbc.com 2010-09-25T07:12:23Z)

DODGERS: Ex-Dodger CEO says McCourts discussed selling team

LOS ANGELES ---- Jamie McCourt testified Monday that she and her husband spoke frequently about selling the Dodgers if the team wasn't making money, though they didn't consider the team's purchase an unusually risky deal. The testimony by the former CEO of ... (Source: North County Times 2010-09-21T00:00:28Z)

Netflix And NBCU Strike Broader Streaming Deal

Starting next week, Netflix ( NSDQ: NFLX ) users will have the choice to stream any episode from the past 35 years of Saturday Night Live as part of a new, broader streaming agreement. The deal also adds NBCU's cable networks to Netflix's streaming ... (Source: paidContent.org 2010-09-24T15:34:39Z)

Brazil's huge oil reserves fuel largest-ever share offer

SAO PAULO, Brazil - The exploration and production of Brazil's huge offshore oil reserves is the driving force behind the globe's biggest-ever share offering. Petroleo Brasileiro SA, or Petrobras, the nation's state-run energy company, raised $70 billion ... (Source: Philadelphia Daily News 2010-09-25T07:12:23Z)

Jeff Zucker to leave NBC Universal when Comcast deal closes

The meeting was amicable and cordial, but Comcast Corp. executive Stephen Burke got his point across: "Steve made it clear that they wanted me to go at close," said Jeff Zucker of NBC Universal Inc. So it's official. NBC Universal's top executive, Jeffrey ... (Source: Philadelphia Daily News 2010-09-25T07:12:23Z)

Cal Expo rejects moving State Fair to Arco Arena site

Cal Expo officials on Friday strongly rejected a proposal to move the State Fair to the site of Arco Arena in North Natomas, a move that may doom the latest effort to build a new Kings arena in Sacramento. Arena proponents, however, say they haven't given ... (Source: Sacramento Bee 2010-09-25T06:58:04Z)

Analyst cuts estimates for Clorox after auto unit sale, but says deal makes sense for future

NEW YORK (AP) — Clorox Co. will make less money in fiscal 2011 because of the sale of its auto care products, but the deal makes sense for the company in the long-term, an analyst said Friday. THE OPINION: Barclays Capital analyst Lauren Lieberman cut ... (Source: Chicago Tribune 2010-09-24T19:09:23Z)

Georgia Bulldogs fall to Arkansas Razorbacks

The Georgia Bulldogs fell to 1-2 on the season and 0-2 in the SEC with their loss at home to the Arkansas Razorbacks Saturday. The Bulldogs fell behind early but rallied late to tie the game with two touchdowns in the fourth quarter. The Razorbacks then ... (Source: Forest Blade 2010-09-21T21:36:07Z)

UPDATE: Demand For Brazil's Petrobras Shares Was $140B -Source

RIO DE JANEIRO (Dow Jones)--Demand for the share offer by Brazilian federal oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, reached $140 billion, a market participant with knowledge of the deal told Dow Jones. Late Thursday, Petrobras set ... (Source: Wall Street Journal 2010-09-24T01:15:39Z)

Jay Ratliff talks about the loss of his grandparents

IRVING -- Starting nose tackle Jay Ratliff returned to the practice fields at Valley Ranch on Friday after missing two days to attend the funeral of his grandparents. Ratliff spoke to a small group of reporters following Friday's practice. He was subdued ... (Source: ESPN.com 2010-09-24T19:30:52Z)

Petrobras Raises Record $70 Billion Through Share Sale

Brazilian energy giant Petroleo Brasileiro SA, better known as Petrobras (NYSE: PBR ) , shattered previous share-sale records by raising nearly $70 billion from a share sale, proving wrong the critics who had warned that the company's offering would not ... (Source: Motley Fool 2010-09-25T16:30:43Z)

Childs leads Arkansas;He scores with 15 seconds left to key Razorbacks' win

ATHENS, Ga. - Ryan Mallett threw a 40-yard scoring pass to Greg Childs with 15 seconds remaining and No. 12 Arkansas picked up a huge win on the road after blowing a two-touchdown lead, beating Georgia 31-24 yesterday. The Bulldogs (0-2 Southeastern ... (Source: FOXSports.com 2010-09-21T10:30:24Z)

(Video) Jeff Zucker to Leave NBC Once Comcast Completes Takeover

Jeff Zucker will leave his position as chief executive of NBC Universal once Comcast Corp. completes its takeover of the company. Zucker, 45, rose to prominence after becoming the Today show's executive producer at the tender age of 26. He was also ... (Source: Associated Content 2010-09-25T17:56:37Z)

Petrobras Raises $70 Billion as Investors See Growth

(Updates share price in 10th paragraph.) Sept. 24 (Bloomberg) -- Petroleo Brasileiro SA, Brazil's state-controlled oil producer, raised as much as $70 billion in the world's largest share sale as investors bet on its plans to double output within a ... (Source: BusinessWeek 2010-09-24T19:09:23Z)

Wizards sign Blatche to three-year extension

The Wizards and forward Andray Blatche have agreed to a three-year contract extension, the Washington Post reports . The Post reports Blatche will get a raise in the final two years of his existing deal and the total of the five years will work out to more ... (Source: Sporting News 2010-09-24T19:45:11Z)

Jamie McCourt continues testimony

LOS ANGELES -- Jamie McCourt testified Monday that she and her husband spoke frequently about selling the Los Angeles Dodgers if the team wasn't making money, though they didn't consider the team's purchase an unusually risky deal. The testimony by the ... (Source: ESPN.com 2010-09-20T19:42:46Z)

Ratliff motivated' by memories of his grandparents

IRVING, Texas - Dallas Cowboys nose tackle Jay Ratliff returned to the practice Friday and will play against the Houston Texans on Sunday with a heavy heart and a renewed spirit after burying his grandparents this week in Hahira, Ga. Willie Ratliff, 84 ... (Source: Victoria Advocate 2010-09-25T01:35:56Z)

Cowboys' Jay Ratliff deals with tragedy

Dallas Cowboys nose tackle Jay Ratliff will miss practice Wednesday and Thursday while attending the funeral for his grandparents, according to ESPNDallas.com . Willie and Arletha Ratliff died tragically in a house fire last week in Hahira, Ga., that ... (Source: ESPN.com 2010-09-22T14:46:54Z)

Netflix May Offer Streaming Video in U.S.

As a footnote to his apology for characterizing Americans as too "self-absorbed" to even notice Canadians are offered a cheaper Netflix subscription, Netflix CEO Reed Hastings said the company may add a streaming-only option for its U.S. subscribers in the ... (Source: TechNewsDaily 2010-09-24T20:06:39Z)

UPDATE 3-Brazil basks in record Petrobras deal, shares sag

SAO PAULO, Sept 24 (Reuters) - President Luiz Inacio Lula da Silva hailed a "new chapter in Brazil's development" on Friday after state oil company Petrobras sold $70 billion in shares at a higher-than-expected price, a record deal that could make the ... (Source: Reuters UK 2010-09-24T18:26:26Z)

New deal for Wizards' Blatche: 5 years, about $35M

The Washington Wizards have signed forward Andray Blatche to a contract extension that will pay him around $35 million over the next five years. The Wizards also exercised their fourth-year contract option on center JaVale McGee on Friday. Blatche's ... (Source: FOXSports.com 2010-09-24T22:15:30Z)

Clorox Said to Be Near Deal to Sell STP, Armor All to Avista

Sept. 20 (Bloomberg) -- Clorox Co., the maker of household- cleaning products, is near an agreement to sell its STP and Armor All auto-care brands to private-equity firm Avista Capital Partners for $750 million to $800 million, according to two people with ... (Source: BusinessWeek 2010-09-20T03:57:52Z)

Clorox Is Said to Be Near a Deal to Sell STP, Armor All Brands to Avista

Clorox Co. , the maker of household- cleaning products, is near an agreement to sell its STP and Armor All auto-care brands to private-equity firm Avista Capital Partners for $750 million to $800 million, according to two people with knowledge of the ... (Source: Bloomberg 2010-09-20T03:43:33Z)

Wizards extend Blatche, exercise option on McGee

The Washington Wizards have extended the contract of forward/center Andray Blatche and exercised its fourth-year option on center JaVale McGee. Terms of Friday's deals were not disclosed, but the Washington Post reported the Wizards extended Blatche's ... (Source: Kansas City Star 2010-09-24T20:13:49Z)

Cal Expo Board rejects Kings, State Fair land swap deal

SACRAMENTO, CA - The Cal Expo & State Fair board of directors voted Friday against a proposed land swap deal that would have opened the way for a new Kings arena in downtown Sacramento and a new state fairgrounds at the current ARCO Arena site. Following a ... (Source: KXTV News10Net 2010-09-25T00:17:12Z)

NBC Universal CEO to leave when Comcast takes over

N EW YORK — NBC Universal chief Jeff Zucker, who rose from a youthful producer at the "Today" show to run the multifaceted media business, said he would step down after cable provider Comcast takes control of the company later this year. Zucker, the ... (Source: Boston Herald 2010-09-25T17:20:50Z)

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