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 28, 2010, 1:41 am

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)

Dmitry Medvedev Xi Jinping

Russian President Dmitry Medvedev, right, and China's Vice President Xi Jinping, left, shake hands during the opening ceremony of the Russian Pavilion National Day celebration at the Shanghai Expo site in Shanghai Tuesday, Sept. 28 2010. (AP Photo/Eugene ... (Source: Charleston Gazette 2010-09-28T08:06:05Z)

Blue Gem Enterprise, Inc. Lands Title Sports Drink On Shelves In Publix Supermarkets ...

OPA-LOCKA, Fla. , Sept. 27 /PRNewswire/ -- Blue Gem Enterprise, Inc.  (OTC Bulletin Board: BGEM) ("Blue Gem" and the "Company") is pleased to announce that after a controlled test in South Florida stores in late 2009 and early 2010, Title Beverage ... (Source: MSN Money 2010-09-27T14:33:49Z)

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)

Southwest Airlines bags rival AirTran

DALLAS - Leisure travelers turned Southwest Airlines Co. into a profit-making machine, but the acquisition of rival AirTran Airways shows how much Southwest is counting on business travelers to propel its growth in the future. The $1.42 billion deal ... (Source: Philadelphia Daily News 2010-09-28T07:01:40Z)

Deals News Lifts U.S. Futures

U.S. stock-index futures rose Monday, as a flurry of deal news stole the spotlight in the absence of any major economic data. Two hours before the start of trading, Dow Jones Industrial Average futures were 19 points higher at 10803. The S&P 500 futures ... (Source: Wall Street Journal 2010-09-27T11:27:42Z)

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)

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)

Phillies clinch NL East again

The Phillies are the NL East champions for the fourth consecutive year and, fittingly, Roy Halladay helped seal the deal this time with a two-hitter. Halladay earned his 21st win with his fourth shutout and ninth complete game -- all highs in the majors ... (Source: New York Post 2010-09-28T06:25:52Z)

Management Energy, Inc. Completes Merger With Maple Carpenter Creek Holdings

DALLAS , Sept. 27 /PRNewswire-FirstCall/ -- Management Energy, Inc. (OTC Bulletin Board: MMEX.ob - News ) announced today the completion of its merger with Maple Carpenter Creek Holdings, Inc.  The merger favorably positions the combined Company for ... (Source: Yahoo Finance 2010-09-27T13:00:46Z)

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 2010-09-28T05:28:36Z)

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)

CCAGW PAC Endorses Governor Perry for Re-election in Texas

WASHINGTON - (Business Wire) The Council for Citizens Against Government Waste Political Action Committee (CCAGW PAC) today announced its endorsement of Governor Rick Perry, who is seeking re-election in Texas. "In this time of massive new government ... (Source: Earthtimes 2010-09-27T19:12:59Z)

Southwest, AirTran in $1.4 billion merger

Southwest Airlines has agreed to buy AirTran in a $1.4 billion deal that would bring the nation's largest low-cost carrier to Reagan National Airport for the first time and extend its already large presence at BWI. The merger announced Monday could ... (Source: Washington Post 2010-09-28T07:51:46Z)

Lukoil deal lifts ConocoPhillips divestments

NEW YORK (AP) -- ConocoPhillips said Monday that with the recent sale of 42.5 million Lukoil shares back to the Russian energy giant, its divestments total $6.44 billion so far this year. Over the weekend, Russia's second-largest oil company and investors ... (Source: Yahoo Finance 2010-09-27T18:58:40Z)

UPDATE 2-Conoco divestments hit $6.44 bln with LUKOIL deal

* Total LUKOIL proceeds seen at $9-9.5 billion (Adds CEO comments, background, changes dateline from NEW YORK) HOUSTON, Sept 27 (Reuters) - ConocoPhillips ( COP.N ) said LUKOIL's ( LKOH.MM ) plan to buy back more of its stake owned by the U.S. company ... (Source: Reuters UK 2010-09-27T19:20:09Z)

Conoco divestments hit $6.44 billion with LUKOIL deal

NEW YORK (Reuters) - ConocoPhillips ( COP.N ) said LUKOIL's ( LKOH.MM ) plan to buy back more of its stake owned by the U.S. company would bring its total proceeds from divestments to $6.44 billion so far this year. LUKOIL said on Sunday it would exercise ... (Source: Reuters 2010-09-27T14:12:21Z)

CCAGW PAC Endorses Rep. Adrian Smith for Congress

The Council for Citizens Against Government Waste Political Action Committee (CCAGW PAC) today announced its endorsement of Rep. Adrian Smith, who is seeking re-election to Congress in Nebraska. "In this time of massive new government spending and ... (Source: PR Inside 2010-09-27T19:34:28Z)

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 2010-09-28T07:23:08Z)

Healthcare woes lead stocks down in thin trade

EUROPE REPORT: Eurostoxx 50: 2,776.33 (-16.42) Frankfurt DAX: 6,278.89 (-19.41) Paris CAC: 3,766.16 (-16.32)  EUROPEAN STOCKS ended a thinly traded session in the red and just off lows yesterday, tracking US weakness ahead of fresh macro data, and led by ... (Source: Irish Times 2010-09-27T23:59:19Z)

CCAGW PAC Endorses Former Rep. Nathan Deal for Governor of Georgia

The Council for Citizens Against Government Waste Political Action Committee (CCAGW PAC) today announced its endorsement of former Rep. Nathan Deal, who is seeking election to the office of governor in Georgia. "In this time of massive new government ... (Source: paidContent.org 2010-09-24T19:02:14Z)

BASEBALL NOTEBOOK: Phillies make it 4 NL East titles in row

The Philadelphia Phillies are the National League East champions for the fourth consecutive season, and Roy Halladay helped seal the deal this time with a two-hitter. Halladay earned his 21st victory with his fourth shutout and ninth complete game -- all ... (Source: Chicago Sun-Times 2010-09-28T04:59:58Z)

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)

AreYouInterested.com Reveals Bed Bugs Take a Bite Out of Romance

NEW YORK , Sept. 27 -- With bedbugs popping up everywhere these days and spreading the fear of irritating bites and costly remedies, AreYouInterested.com , a top dating app on Facebook® Platform with over 20 million users, polled singles to find out how ... (Source: Earthtimes 2010-09-27T19:48:47Z)

Wall Street Ends Lower Amid a Rush of Deals

Despite a rush of mergers, there was little in the way of fresh economic news to propel shares. Analysts said that as the quarter neared a close, some traders were looking to lock in gains that had given the broader market its best monthly performance ... (Source: New York Times 2010-09-28T06:47:21Z)

Wal-Mart offers $4.25 billion for S. African retailer

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: Denver Post 2010-09-28T06:54:30Z)

Pharma failures depress Europe stocks, data eyed

LONDON, Sept 27 (Reuters) - European stocks ended a thinly traded session in the red and just off lows on Monday, tracking U.S. weakness ahead of fresh macro data, and led by biotech Actelion ( ATLN.VX ) after a key drug failed a late-stage trial. The pan ... (Source: Reuters 2010-09-27T16:35:30Z)

Southwest, AirTran deal would boost flier options

The effect on the Phoenix air-travel market may be limited at first, but Southwest Airlines' largest-ever acquisition offers a glimpse at the airline's strategic plans for the next several years. If the deal to buy AirTran for $1.42 billion goes through ... (Source: AZCentral.com 2010-09-28T06:11:33Z)

Wal-Mart buys into South Africa in $4.6 billion deal

Wal-Mart Stores Inc., the world's largest retailer, plans to buy Massmart Holdings Ltd. in a transaction worth about $4.6 billion, entering Africa in its biggest deal in more than a decade. Wal-Mart's proposed offer is $21.10 for South Africa's second ... (Source: Pittsburgh Tribune-Review 2010-09-28T03:55:33Z)

Phillies knock off Nationals, take NL East crown

Roy Halladay put the finishing touches on the Phillies ' fourth consecutive National League East crown with another masterpiece, tossing a two-hit shutout in an 8-0 victory over Washington on a rainy night at Nationals Park. The two-time defending NL ... (Source: Fort Lauderdale Sun-Sentinel 2010-09-28T04:09:52Z)

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