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, 6:41 am

Target to sell Apple iPad starting Oct. 3

Target Corp. on Friday confirmed that it will sell Apple Inc. 's iPad tablet device. The Minneapolis-based retailer said four models of the touchscreen computer, starting at $499, will go on sale Oct. 3. Target (NYSE: TGT) made the announcement to ... (Source: New Mexico Business Weekly 2010-09-24T17:00:32Z)

UPDATE 2-Hertz says not to raise offer for Dollar Thrifty

Northcoast Research analyst John Healy said the gap between investor expectations and what Hertz was willing to pay has narrowed dramatically over the last few weeks. "I think there is a higher likelihood of a Hertz deal getting approved today than it was ... (Source: Reuters 2010-09-24T16:24:45Z)

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 2010-09-25T06:58:04Z)

Brazil oil company Petrobras aims at offshore reserves with $70B stock offer, world's largest

BIG DEAL: Petroleo Brasileiro SA , or Petrobras, Brazil's state-run energy company, raised $70 billion through the sale of more than 4 billion common and preferred shares in Brazil and the U.S. BIG OIL: The money will fund Petrobras' ambitious $224 billion ... (Source: Chicago Tribune 2010-09-24T18:19:17Z)

Comcast to replace Jeff Zucker as NBC chief

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 2010-09-25T04:42:03Z)

1,500 US museums offer free admission Saturday

More than 1,500 museums across the country are opening their doors for free as part of Smithsonian magazine's sixth annual Museum Day. About 90 museums that are participating have a partnership with the Smithsonian Institution to show artifacts on loan ... (Source: AP - msnbc.com 2010-09-25T09:21:14Z)

Brazil Stocks End Lower As Market Settles After Petrobras Offer

RIO DE JANEIRO (Dow Jones)--Brazilian stocks closed lower Friday as the market settled after the euphoria from the successful share sale completed by oil giant Petroleo Brasileiro SA (PBR, PET4.BR), or Petrobras. The benchmark Ibovespa stock index closed ... (Source: Wall Street Journal 2010-09-24T22:01:11Z)

CEO Jeff Zucker Leaving NBC Universal After Comcast Acquisition

Zucker had a history of taking a hard-nosed stance with technology company negations. In fact, he recently shot down Apple's plan to offer NBC TV shows for just 99 cents. On Thursday Zucker said, "We do not think 99 cents is the right price point for our ... (Source: Gather.com 2010-09-24T19:52:20Z)

Budget deal is near, but details scant

Gov. Arnold Schwarzenegger and legislative leaders have the makings of a budget deal, they announced today, and hope to reach a final agreement by Monday. The terse announcement came late Thursday afternoon, and officials provided no details. But it ... (Source: San Francisco Gate 2010-09-24T07:06:24Z)

Avis Shakes Up Hertz-Dollar Thrifty Deal

Not taking "non-negotiable and final" for an answer, Avis strikes back in rental car bidding war. The offer comes a few weeks after Dollar Thrifty and Hertz announced they had agreed on a deal worth $1.4 billion, or $50 per share, at the time was believed ... (Source: Forbes 2010-09-23T17:23:12Z)

Hilary Duff selling her Beverly Hills mansion for $7M

Hilary Duff is selling her Beverly Hills mansion for double the price she paid for it. The 22-year-old actress - who married Canadian ice hockey player Mike Comrie in August after dating for three years - is selling her six-bedroom mansion on Toluca Lake ... (Source: AZCentral.com 2010-09-24T15:27:29Z)

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)

JetBlue signs deal for satellite onboard Wi-Fi for all planes in fleet

NEW YORK (AP) — JetBlue said Wednesday it signed a deal to install satellite broadband Internet and TV service on its fleet of 160 planes. The airline is partnering with telecommunications company ViaSat Inc. to begin installing the service by the end of ... (Source: Chicago Tribune 2010-09-22T16:19:58Z)

Sotheby's Asia Week Sales in New York Total $27,649,251

NEW YORK, NY.- The Asia week series of auctions at Sotheby's New York concluded today with the South Asian Art sale which made $7,547,250 to bring the overall total for the week to $27,649,251 well within the $ 21.9/31.2 million estimate. The sales ... (Source: Art Daily 2010-09-18T01:22:46Z)

Washington Real Estate Investment Trust launches buyback offers for notes due in 2011, 2026

ROCKVILLE, MD. — Washington Real Estate Investment Trust said Thursday it has launched two offers to buy back more than $275 million of senior notes due in 2011 and 2026. The first cash tender offer covers 5.95 percent senior notes due June 15, 2011 ... (Source: San Francisco Examiner 2010-09-23T17:51:50Z)

JetBlue to offer inflight Wi-Fi by 2012

JetBlue Airways Corp. plans to outfit its fleet of 160 planes with inflight Internet access starting in mid-2012, the airline said Wednesday. The Wi-Fi system will be provided by ViaSat Inc. , a Carlsbad, Calif., telecommunications company. Neither JetBlue ... (Source: Los Angeles Times 2010-09-22T20:23:21Z)

JetBlue signs deal for satellite onboard Wi-Fi

NEW YORK — JetBlue said Wednesday it signed a deal to install satellite broadband Internet and TV service on its fleet of 160 planes. The airline is partnering with telecommunications company ViaSat Inc. to begin installing the service by the end of 2012 ... (Source: Austin American-Statesman 2010-09-22T18:21:39Z)

Malcolm Forbes's Toys Are Up for Sale

The Forbes Galleries on lower Fifth Avenue will be emptying out their darkened maze of toys in dioramas, The Associated Press reported. Sotheby's will organize about 7,500 pieces, including metal marching bands, submarines, motorcycles and a box of ... (Source: New York Times Blogs 2010-09-24T20:28:08Z)

California leaders agree to framework for budget deal

SAN FRANCISCO, Sept 23 (Reuters) - California Governor Arnold Schwarzenegger and top lawmakers have a framework for an agreement on a state budget and hope to reach a final deal on Monday, a spokesman for the governor said on Thursday. California's state ... (Source: Reuters 2010-09-23T23:13:57Z)

1,500 museums across country offer free admission for Smithsonian Museum Day

WASHINGTON - More than 1,500 museums across the country are opening their doors for free as part of Smithsonian magazine's sixth annual Museum Day. About 90 museums that are participating have a partnership with the Smithsonian Institution to show ... (Source: Minneapolis Star Tribune 2010-09-25T09:28:23Z)

Target to add more groceries, offer iPad for holidays

Target Corp. is beefing up its competition with Wal-Mart Stores Inc. and will add fresh food sections to more than half of its 1,500 stores by the end of next year, according to a Reuters report. Target (NYSE: TGT) also confirmed it will start offering ... (Source: Business Courier 2010-09-24T18:04:58Z)

Hilary Duff & Mike Comrie: Johnny Cash Couple

Hilary Duff wraps her arm around her new husband Mike Comrie while out and about on Saturday afternoon (September 11) near their home in Toluca Lake, Calif. The happy couple did some shopping together and ... (Source: Just Jared 2010-09-12T18:26:21Z)

Sign of the times: Lehman Bros sign, artworks, up for UK auction as creditors sell off assets

LONDON (AP) — For sale: a sign of the times. Christie's is auctioning off the 10 foot-long (3 meter-long) sign that adorned the European headquarters of Lehman Brothers , along with paintings, furniture and other objects from the offices of the collapsed ... (Source: Chicago Tribune 2010-09-24T19:02:14Z)

Target to roll out small-box stores

After decades as a big-box retailer, Target Corp. is starting to embrace the idea of smaller, urban stores. So is it eyeing one for downtown St. Paul? The short answer: perhaps. The Minneapolis-based discounter said Friday that it hopes to build mini ... (Source: TradingMarkets.com 2010-09-25T07:05:13Z)

Framework Reached On Budget Deal, Gov.'s Spokesman Says

KSBW.com California's legislative leaders and Gov. Arnold Schwarzenegger have reached a framework for an agreement to fix the state's budget stalemate, according to the governor's spokesman. "The Governor and Legislative leaders have reached the framework ... (Source: msnbc.com 2010-09-24T23:41:24Z)

MUSEUM DAY: 1,500 US museums offer free admission Saturday

WASHINGTON — More than 1,500 museums across the country are opening their doors for free as part of Smithsonian magazine's sixth annual Museum Day. About 90 museums that are participating have a partnership with the Smithsonian Institution to show ... (Source: Delaware Wave 2010-09-25T13:24:36Z)

Washington REIT launches $250 million debt offer

ROCKVILLE, Md. Washington Real Estate Investment Trust said Thursday it has launched an offer to sell $250 million in senior unsecured notes due in 2020. The offering was made under Washington REIT's shelf registration with the Securities and Exchange ... (Source: BusinessWeek 2010-09-23T18:41:57Z)

Washington REIT launches debt buyback offers

ROCKVILLE, Md. Washington Real Estate Investment Trust said Thursday it has launched two offers to buy back more than $275 million of senior notes due in 2011 and 2026. The first cash tender offer covers 5.95 percent senior notes due June 15, 2011, with ... (Source: BusinessWeek 2010-09-23T17:37:31Z)

Hilary Duff's Mansion For Sale - Mike Comrie and New Bride Buy New Home Together

Hilary Duff's bachelorette mansion in Toluca Lake is for sale on the housing market. She and her new hubby, Mike Comrie of the NHL Pittsburgh Penguins, bought a stately $4 million mansion in Beverly Hills ... (Source: Gather.com 2010-09-24T03:03:01Z)

Hertz Declares Its Dollar Thrifty Bid 'Best and Final'

Hertz Global Holdings is standing by its deal to acquire the Dollar Thrifty Automotive Group , even after the Avis Budget Group unveiled on Thursday what it described as a significantly higher offer. Almost two weeks ago, Dollar Thrifty agreed to a revised ... (Source: New York Times Blogs 2010-09-24T22:58:27Z)

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