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 29, 2010, 12:42 am

Positron Access Names Bruce Hammergren Vice President of Sales

Positron Access Solutions, the leader in enabling high bandwidth over copper pairs (asymmetric/symmetric MIMO-on-DMT technology), announced today that Bruce Hammergren has been appointed Vice President of Sales for North America. Hammergren, a 30-year ... (Source: YAHOO! 2010-09-27T16:56:59Z)

UPDATE:Valero Sells Refinery To PBF For $360 Million In Cash, Note

Valero Energy Corp. (VLO) agreed to a $360 million asset sale in cash and a note, handing over its Paulsboro refinery to a privately held company that purchased another of its refineries earlier this year. The deal with PBF Energy Co. for the 185,000 ... (Source: Smart Money 2010-09-27T22:40:35Z)

AIG Nears Sale of Two Japanese Units

Prudential Financial Inc. is nearing a deal to buy two Japanese life-insurance companies from American International Group Inc., for a combined $4 billion to $5 billion, according to people familiar with the matter. A deal would help AIG in its quest to ... (Source: Wall Street Journal 2010-09-21T23:23:29Z)

Feds announce new help for injured soldiers

OTTAWA - The federal government is setting aside almost $53 million over five years to help families of critically wounded soldiers care for their loved ones. The long-anticipated announcement, made Tuesday amid continuing questions about veterans ... (Source: Metronews.ca 2010-09-28T23:58:08Z)

Insurance companies to appear at hearing

FRANKFORT — One of the more popular parts of an otherwise generally unpopular health care bill enacted this year is a provision which bars insurers from refusing coverage to those with pre-existing conditions. That provision went into effect on Sept. 23 ... (Source: Daily Independent 2010-09-28T22:39:24Z)

Apple Prods Publishers on Sales of iPad Subscriptions

Apple Inc. in recent weeks has accelerated its efforts to persuade publishers to join the company's first foray into selling newspaper and magazine subscriptions for the iPad tablet computer, according to people familiar with the matter. Apple could ... (Source: Wall Street Journal 2010-09-19T23:04:23Z)

Insurers ordered to defend halting new "child-only" coverage

Kentucky's insurance commissioner has ordered health insurers to appear in Frankfort next month to explain their decisions to stop offering new child-only policies. Several major insurers — including Louisville-based Humana and Anthem, the state's ... (Source: Courier-Journal 2010-09-28T17:24:26Z)

Statewide polls offer wide variety of results

ALBANY — Beauty may be in the eye of the latest poll. A bevy of statewide polls are offering a wide variety of results on statewide races in New York. A Siena College poll today showed Democratic gubernatorial candidate Andrew Cuomo with a sizable 57 ... (Source: Poughkeepsie Journal 2010-09-23T17:01:44Z)

Neil Young in a New Way

Woodside, Calif. On his new album "Le Noise" (Reprise), out next week , Neil Young dispenses with all but his voice and guitar. "The guitar is the whole band," Mr. Young explained. What remains isn't only Mr. Young singing alone with an acoustic guitar ... (Source: Wall Street Journal 2010-09-21T22:26:13Z)

Gunman at University of Texas Austin Identified as Sophomore Math Major Colton Tooley

A 19-year-old math major got dressed in a suit and a ski mask and fired off several rounds from an AK-47 assault rifle today, sending the campus of the University of Texas at Austin into a lockdown before taking his own life in a library, police said ... (Source: ABC News 2010-09-28T21:49:17Z)

Heffernan Insurance Agency to Offer First-of-its Kind Contract Litigation Insurance from Sonoma Risk

LOS ANGELES, Sept. 27 /PRNewswire/ -- Sonoma Risk Insurance Agency and Heffernan Insurance Agency today announced the distribution of Contract Litigation Insurance (CLI) in California. Underwritten by Zurich, this first-of-its kind policy helps to protect ... (Source: Forbes 2010-09-27T23:02:03Z)

deltathree Appoints Todd Stone as Vice President of Business Development and Sales

NEW YORK, Sept. 15, 2010 (GLOBE NEWSWIRE) -- deltathree, Inc. (OTCBB:DDDC), a global provider of video and voice over Internet Protocol (VoIP) telephony services, products, hosted solutions and infrastructures for service providers, resellers and direct ... (Source: msnbc.com 2010-09-16T06:11:28Z)

Valero to sell New Jersey plant for $360 million

Valero Energy Corp. said Monday it has agreed to sell its 185,000-barrel-a-day refinery in Paulsboro, N.J., for $360 million to a partnership that in June purchased Valero's only other East Coast refinery. The prospective buyer is PBF Energy Co. LLC of ... (Source: MySanAntonio 2010-09-27T10:44:45Z)

Valero to Offload N Jersey Refinery

Valero Energy Corp . ( VLO - Analyst Report ) plans to offload Paulsboro, New Jersey, refinery to PBF Energy Company LLC for $360 million. This announcement follows the sale of Valero's 182,200 barrel-per-day (BPD) Delaware City refinery in June. The ... (Source: Zacks.com 2010-09-28T16:41:29Z)

Feds offer injured soldiers more services

OTTAWA — Soldiers severely wounded in battle will have more services at their disposal during rehab. Defence Minister Peter MacKay and Veterans Affairs Minister Jean-Pierre Blackburn announced the $52.5-million "Legacy of Care" initiative Tuesday at ... (Source: Toronto Sun 2010-09-28T16:12:51Z)

Only On 4: Victim Describes Surprise Fox Attack

THE PITTSBURGH CHANNEL.com MONROEVILLE, Pa.-- The Allegheny County Health Department has issued a warning to residents after three fox attacks have been reported. Bob Serafini told Channel 4 Action News that he was in the driveway of his Monroeville home ... (Source: msnbc.com 2010-09-28T22:10:46Z)

Allegheny County Health Department issues alert after rabid foxes suspected in Pittsburgh area

PITTSBURGH (AP) — The Allegheny County Health Department is warning people to avoid foxes after three of the animals, believe to be rabid, attacked people this month. The attacks have happened in Plum, Monroeville and Forest Hills, three suburbs east of ... (Source: FOX43.com 2010-09-27T20:38:53Z)

No Confirmed Deaths In Mexican Landslide; 11 Missing

Mexican authorities say there are no confirmed deaths and only 11 missing in a landslide in the southern state of Oaxaca, backing off earlier estimates of possibly hundreds buried or dead. Interior Minister Francisco Blake and Oaxaca Gov. Ulises Ruiz told ... (Source: NPR News 2010-09-29T01:24:02Z)

Prudential's Thiam Takes on Mentor as AIA Readies IPO

(Updates with share price in 30th paragraph.) Sept. 28 (Bloomberg) -- Prudential Plc's Tidjane Thiam tried and failed to expand in Asia by buying AIA Group Ltd., his first test as chief executive officer. To succeed now, he will have to beat AIA's new ... (Source: BusinessWeek 2010-09-28T16:41:29Z)

Gannett completes $500M note offering

Newspaper publisher Gannett Co. said Monday it has completed the private placement offering of $500 million of senior notes. The offering included $250 million of 6.375 percent senior notes due 2015 and $250 million of its 7.125 percent senior notes due ... (Source: AP - msnbc.com 2010-09-27T14:40:59Z)

Gunman opens fire at UT in Austin; no one hurt

AUSTIN, Texas - A student wearing a dark suit and a ski mask opened fire Tuesday with an assault rifle on the University of Texas campus before fleeing into a library and fatally shooting himself. No one else was hurt. The shooting began near a fountain in ... (Source: Philadelphia Daily News 2010-09-29T07:00:28Z)

Allegheny Co. Health Dept. Issues Warning After Fox Attacks

MONROEVILLE, Pa. -- The Allegheny County Health Department has issued a warning to residents after three fox attacks have been reported. Bob Serafini told Channel 4 Action News that he was in the driveway of his Monroeville home in the 4000 block of Point ... (Source: Pittsburgh Channel 2010-09-28T01:46:42Z)

CD review: Kenny Chesney delivers on 'Hemingway's Whiskey'

Well, all right. Here's the first exceptionally good Kenny Chesney CD since 2002's No Shoes, No Shirt, No Problems . The country superstar tones down the beach persona, finally, and concentrates more on just delivering solid songs. Not only that, but there ... (Source: Dallas Morning News 2010-09-27T20:53:12Z)

University of Texas student opens fire, kills only himself

AUSTIN, Texas - A student wearing a dark suit and a ski mask opened fire Tuesday with an assault rifle on the University of Texas campus before fleeing into a library and fatally shooting himself. No one else was hurt. The shooting began near a fountain in ... (Source: Philadelphia Daily News 2010-09-29T07:00:28Z)

Mexican authorities backtrack on landslide, say no deaths are confirmed and only 11 missing

OAXACA, MEXICO — A huge mudslide first thought to have buried hundreds of people has left only 11 missing and there are no confirmed dead, authorities said Tuesday night, backing off earlier predictions of a catastrophe in Mexico's rain-soaked southern ... (Source: Washington Examiner 2010-09-29T06:10:22Z)

Insurers must explain child policy change

FRANKFORT - Kentucky's insurance commissioner has ordered health insurers to appear in Frankfort next month to explain their decisions to stop offering new child-only policies. Several major insurers - including Louisville-based Humana and Anthem, the ... (Source: Cincinnati.com 2010-09-28T18:50:20Z)

Neil Young experiments on 'Le Noise'

The concept is tantalizing: Neil Young, alone with his guitar, hooks up with musician and producer of the stars Daniel Lanois in his acoustically souped-up house for an intimate, off-the-cuff recording done with no band or overdubs. Unfortunately, the ... (Source: San Mateo Daily Journal 2010-09-28T10:57:53Z)

Mudslide buries Mexican town

OAXACA, Mexico -- A huge mudslide first thought to have buried hundreds of people has left only 11 missing and there are no confirmed dead, authorities said Tuesday night, backing off earlier predictions of a catastrophe in Mexico's rain-soaked southern ... (Source: Pittsburgh Post-Gazette 2010-09-29T04:37:19Z)

AIA kicks off premarketing of mega IPO

HONG KONG (Reuters) - American International Group Inc ( AIG.N ) will hold at least a 30 percent stake in its Asian life insurance business, AIA Group Ltd, for a year after AIA's listing next month, the IPO term sheet showed. AIA began pre-marketing for ... (Source: Reuters 2010-09-27T09:47:29Z)

Feds announce new cash to help injured military vets

OTTAWA — The federal government is setting aside almost $53 million over five years to help families of critically wounded soldiers care for their loved ones. The long-anticipated announcement, made Tuesday amid continuing questions about veterans ... (Source: The Chronicle Herald 2010-09-28T19:26:07Z)

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