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Deals of the Hour / September 27, 2010, 9:42 pm

Obama urged to seek spill penalties to pay for Gulf coast restoration after oil spill

WASHINGTON (AP) — President Barack Obama's point person on the Gulf coast's restoration will recommend paying for it with some of the billions of dollars in civil penalties that could be collected from companies responsible for the oil spill . That ... (Source: Los Angeles Times 2010-09-28T04:02:42Z)

Russia, China Sign Energy Deal

Beijing, China (AHN) - In what could boost strategic relations between two super powers, Russian President Dmitry Medvedev on Monday inked several commercial and political agreements during his meeting with Chinese leader Hu Jintao. The deals came during ... (Source: All Headline News 2010-09-27T21:50:28Z)

Warmup for gubernatorial match at UC Davis

In a pre-debate warm-up, a panel of political experts will offer suggestions and insight on what to listen and watch for on Sept. 28 when Republican Meg Whitman and Democrat Jerry Brown square off at UC Davis in their first gubernatorial debate. The Debate ... (Source: Woodland Daily Democrat 2010-09-24T09:29:34Z)

Asia shares mixed as bank worries offset deals

Asian stock markets were mixed Tuesday as renewed worries about the health of Europe's banks offset optimism from a flurry of corporate deal making. The region's lackluster performance followed a down session on Wall Street, where losses were led by ... (Source: AP - msnbc.com 2010-09-28T03:26:55Z)

Is Comcast Nearing an NBC Universal Deal?

Is Comcast Corp. ( CMCSA ) on the verge of getting regulatory approval to acquire a controlling stake in NBC Universal ( NBCU )? A r ecent change at the helm of NBCU indicates this. Yesterday, Comcast and General Electric Co. ( GE ) , the current owner of ... (Source: Seekingalpha.com 2010-09-27T18:22:53Z)

Obama urged to use spill fines to restore Gulf

President Barack Obama's point person on the Gulf coast's restoration will recommend paying for it with some of the billions of dollars in civil penalties that could be collected from companies responsible for the oil spill. That recommendation by Navy ... (Source: AP - msnbc.com 2010-09-28T04:02:42Z)

Comcast's Burke to be chief of NBC Universal

Comcast Corp. 's second-in-command, Steve Burke, will become chief executive of NBC Universal when the merger of the entertainment assets of Comcast and General Electric Co. is complete, the two companies announced Sunday. Burke, 52, will succeed Jeff ... (Source: Chicago Tribune 2010-09-27T13:43:43Z)

NHL Game Summary - Florida at Montreal

Montreal, QC (Sports Network) - Tomas Plekanec tallied twice and Mike Cammalleri added a goal and two assists as Montreal downed Florida, 6-2, in preseason action from Bell Centre. Jaroslav Spacek, Ryan White and Tom Pyatt also scored while Lars Eller ... (Source: KSDK 2010-09-28T02:36:48Z)

Recap: Montreal vs. Florida

Tomas Plekanec tallied twice and Mike Cammalleri added a goal and two assists as Montreal downed Florida, 6-2, in preseason action from Bell Centre. Jaroslav Spacek, Ryan White and Tom Pyatt also scored while Lars Eller posted three helpers for the ... (Source: Kansas City Star 2010-09-28T02:43:58Z)

Wal-Mart offers to buy South African-based Massmart for $4.25 billion

Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a bid to jump-start growth beyond its sluggish U.S. business. A deal would give the world's largest retailer an opening to expand in South ... (Source: Kansas City Star 2010-09-28T04:02:42Z)

Unilever PLC nears deal to buy maker of Alberto VO5: report

AFP - Anglo-Dutch food and cosmetics giant Unilever PLC is nearing a deal to buy US-based Alberto Culver Co., the Wall Street Journal reported Sunday, citing people familiar with the matter. According to the Journal, the Melrose Park, Illinois-based ... (Source: France 24 2010-09-27T00:07:40Z)

Panel of political experts preview what to expect at UC Davis gubernatorial debate

In a pre-debate warm-up, a panel of political experts will offer suggestions and insight on what to listen and watch for on Sept. 28 when Republican Meg Whitman and Democrat Jerry Brown square off at UC Davis in their first gubernatorial debate. The Debate ... (Source: Migration News 2010-09-21T18:44:19Z)

China-Russia ties 'sealed by blood': Medvedev

DALIAN, China (AFP) – Russian President Dmitry Medvedev arrived in northeast China for an official visit Sunday saying that Moscow's ties with Beijing were "sealed by blood" spilled fighting a common enemy. Medvedev kicked off a three-day visit to the ... (Source: YAHOO! 2010-09-26T11:07:25Z)

Asian stock markets mixed as Europe finance jitters offset flurry of corporate deals

Last update: September 27, 2010 - 10:32 PM TOKYO - Asian stock markets were mixed Tuesday as renewed worries about the health of Europe's banks offset optimism from a flurry of corporate deal making. The region's lackluster performance followed a down ... (Source: Minneapolis Star Tribune 2010-09-28T03:34:04Z)

Cutler, Bears stun Packers 20-17

CHICAGO – Still doubting the Bears? Jay Cutler threw for 221 yards, Brian Urlacher forced a key fumble and Chicago took advantage of a team-record-tying 17 penalties by the Packers to beat Green Bay 20-17 on Monday night. Robbie Gould won it with a 19 ... (Source: Cincinnati.com 2010-09-28T04:31:20Z)

Cutler throws for 221 yards, Bears take advantage of 18 penalties to beat Packers 20-17

CHICAGO - Jay Cutler threw for 221 yards, Brian Urlacher forced a key fumble and Chicago took advantage of a team-record-tying 17 penalties by the Packers to beat Green Bay 20-17 on Monday night. The Packers' James Jones lost a fumble on a hit by Brian ... (Source: Minneapolis Star Tribune 2010-09-28T04:02:42Z)

Jay Cutler, Chicago Bears edge Green Bay Packers 20-17

CHICAGO - Still doubting the Bears? Jay Cutler threw for 221 yards, Brian Urlacher forced a key fumble and Chicago took advantage of a team-record-tying 17 penalties by the Packers to beat Green Bay 20-17 on Monday night. Robbie Gould won it with a 19-yard ... (Source: AZCentral.com 2010-09-28T04:24:11Z)

Unilever snaps up Simple and VO5

Consumer goods giant Unilever today unveiled a deal worth £2.3bn to add VO5 shampoo and Simple soap to its line-up of hair and skin care products. Unilever, which already owns brands such as Dove, Sunsilk, Pond's and Vaseline, said the proposed ... (Source: nebusiness.co.uk 2010-09-27T10:44:45Z)

Steve Burke to replace Jeff Zucker as CEO of NBC Universal

Comcast and General Electric announced today that Chief Operating Officer Steve Burke will become the chief executive officer of NBC Universal upon the close of Comcast's purchase of the media company from GE. Burke, 52, will take over for  NBC ... (Source: Entertainment Weekly Online 2010-09-26T20:04:17Z)

Stocks close down after 4-week rally

Stocks fell on Monday, following a four-week rally, despite a flurry of deal-making. The Dow Jones industrial average fell 48.22 points, or 0.4 percent, to end at 10,812.04. The blue-chip average remains on pace for its best September performance since ... (Source: Chicago Tribune 2010-09-28T04:09:52Z)

Southwest Airlines to Buy AirTran

Southwest Airlines Co. on Monday said it plans to buy U.S. discount rival AirTran Holdings Inc. for $1.4 billion, in a move that is likely to intensify pressure on network carriers on the U.S. East Coast. The deal promises to be transformational for Dallas ... (Source: Wall Street Journal 2010-09-28T00:20:48Z)

Business Highlights

___ Southwest Airlines to buy AirTran for $1.4B NEW YORK (AP) — Southwest agreed to buy AirTran in a $1.4 billion deal that will combine two of the country's largest low-fare airlines and give Southwest a bigger slice of the market in the Northeast and ... (Source: AP - msnbc.com 2010-09-28T01:32:23Z)

Wal-Mart offers to buy S. Africa's Massmart

NEW YORK -- Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a bid to jump-start growth beyond its sluggish U.S. business. A deal would give the world's largest retailer an opening to expand ... (Source: The Sun News 2010-09-28T04:02:42Z)

Southwest Airlines to buy AirTran for $1.4B

NEW YORK (AP) -- Southwest Airlines has agreed to buy AirTran in a $1.42 billion deal that will combine two of the nation's biggest discount carriers. The two airlines primarily overlap in the Baltimore and Orlando markets. Passengers traveling to and from ... (Source: Yahoo Finance 2010-09-28T03:26:55Z)

Canadiens sign goalie Price to two-year deal

The Montreal Canadiens have Carey Price 's name on a new contract. The 23-year-old goaltender signed a two-year deal on Thursday, ending two months of negotiations between the NHL team and the restricted free agent. Price has spent his entire career in ... (Source: FOXSports.com 2010-09-20T03:57:52Z)

Media opportunities at UC Davis on Tuesday, Sept. 28

Several debate-related events on and off campus are open to media on Tuesday, Sept. 28, the day that UC Davis hosts the first debate between California gubernatorial candidates Jerry Brown and Meg Whitman. 12:10 p.m. to 1 p.m. Kalmanovitz Appellate ... (Source: Migration News 2010-09-27T16:06:53Z)

Unilever to acquire St. Ives and VO5 manufacturer Alberto Culver for $3.7 billion

MELROSE PARK, ILLINOIS (BNO NEWS) — Unilever has acquired Alberto Culver Company (ACC), which manufactures important beauty care brands such as TRESemme, Alberto VO5, and St. Ives, for approximately $3.7 billion, ACC said Monday. Along with the ... (Source: Thaindian.com 2010-09-27T14:48:08Z)

Beveridge Discusses China-Russia Energy Deals, Prices: Video

Sept. 27 (Bloomberg) -- Neil Beveridge, an analyst at Sanford C. Bernstein & Co. in Hong Kong, talks about energy cooperation between China and Russia. Russian President Dmitry Medvedev is on a three-day visit to China to diversify trade between the two ... (Source: Yahoo Finance 2010-09-27T01:26:24Z)

Alabama expects billions from BP over oil spill

BIRMINGHAM, Ala., (Reuters) - Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the Gulf of Mexico, a state commission said on Monday. BP and the White House will probably soon reach an agreement on how ... (Source: Reuters India 2010-09-27T22:19:06Z)

Southwest-AirTran deal means more options for Phoenix fliers

Southwest Airlines' surprise deal to buy AirTran Airways will add many new destinations to Southwest's route map. Once the deal is approved, Dallas-based Southwest, which carries more than 1 in 3 Phoenix passengers, will for the first time offer ... (Source: AZCentral.com 2010-09-28T03:12:36Z)

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