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 30, 2010, 10:44 am

PositiveID Corporation Presents Offer to Acquire Digital Angel Corporation at 60 Percent Premium

Complementary Technologies Would Create New Revenue Opportunities and Leader in Unique Medical and Veterinary Products Including Rapid Medical Testing for Humans, Animals and Food Safety Applications DELRAY BEACH, Fla., Sept. 16, 2010 (GLOBE NEWSWIRE ... (Source: Forbes 2010-09-16T10:07:41Z)

Hypercom rejects VeriFone $337M offer

Hypercom Corp. said Thursday its directors unanimously rejected a $337 million takeover proposal from larger rival VeriFone Systems Inc. to buy the company for $5.25 per share in cash. Scottsdale, Ariz.-based Hypercom (NYSE:HYC) is a high-security ... (Source: San Jose Business Journal 2010-09-30T13:18:41Z)

Continental unveils new paying menu for coach

HOUSTON — Pack a lunch when you travel economy-class on Continental Airlines Inc., or be prepared to pay for food. Continental is rolling out a new menu of snacks and meals coach passengers on most U.S. flights will be able to get for a price starting ... (Source: msnbc.com 2010-09-28T23:15:11Z)

Hypercom rejects hostile bid from VeriFone

Hypercom Corp. has rejected an unsolicited takeover bid from rival electronic-payment provider VeriFone, saying Thursday that the offer was much too low. Hypercom's shares surged $1.93, or 46 percent, to $6.16 in morning trading as a result. Earlier, the ... (Source: AP - msnbc.com 2010-09-30T15:27:32Z)

Court says Ayodhya dispute site to be divided - TV

NEW DELHI (Reuters) - The Allahabad High Court ruled on Thursday that the site of the demolished Babri mosque in Ayodhya would be divided between Hindus and Muslims, local television and a Hindu lawyer said. The demolition of the 16th century mosque by ... (Source: Reuters India 2010-09-30T11:31:18Z)

Nintendo 3DS delay casts gloom over games giant

Nintendo's struggle to bring its hotly anticipated 3D-capable player to the market has sparked concerns over the outlook for the company, with sales of its existing products sliding in key U.S. and European markets. Nintendo shares fell more than 9 percent ... (Source: msnbc.com 2010-09-30T05:26:14Z)

Indian court rules Hindus, Muslims should share disputed Ayodhya holy site

LUCKNOW , India (AP) — An Indian court ruled Thursday that a disputed holy site that sparked bloody riots in the past should now be divided between the Hindu and Muslim communities. But in its compromise ruling, the court gave Hindus control over the ... (Source: Daily Press 2010-09-30T14:51:44Z)

Nothing new under GOP sun

Is the GOP "Pledge to America" really any different than its 1994 "Contract with America"? The size of government soared with the George W. Bush administration, as did the national deficit because of an unjustified war. (Source: Cleveland Plain Dealer 2010-09-29T18:56:18Z)

TiVo Will Offer Hulu Plus on TiVo Premiere DVRs

ALVISO, CA -- (Marketwire) -- 09/28/10 -- TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in advanced television services including digital video recorders (DVRs) for consumers, content distributors and consumer electronics manufacturers, today ... (Source: PR Inside 2010-09-28T18:14:32Z)

Ayodhya verdict: The history of the Babri Masjid site

After a 60-year debate, the disputed land around the Babri mosque in Ayodhya, India, will be divided into three parts, following a decision by the high court of India. In the 16th century, the Babri mosque was erected at the site, named for Babar, the ... (Source: Washington Post 2010-09-30T13:33:00Z)

Elster Group Cuts IPO Price After Liberty Mutual Shelves Sale

Elster, the Essen, Germany-based provider of gas and water meters, sold 16.2 million American depositary receipts at $13 each yesterday after offering them at $16 to $18, according to a statement and a U.S. Securities and Exchange Commission filing ... (Source: Washington Post 2010-09-30T07:56:33Z)

REFILE-UPDATE 1-Nintendo sinks as 3D launch misses holiday sales

But the company will not launch the new version of the DS until Feb. 26 in Japan and March in the United States, by far the biggest market for the game machine maker. At 25,000 yen, the new model is priced substantially higher than the existing DS. Many ... (Source: Reuters 2010-09-30T01:15:41Z)

UPDATE 1-Chinese TAL Education Group files for $100 mln IPO

Sept 29 (Reuters) - Chinese TAL Education Group filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of American depositary shares The company, which provides after-school tutorial services in China, told the U ... (Source: Reuters 2010-09-29T21:05:09Z)

TiVo to Add Hulu Plus Service

TiVo on Tuesday announced that it has pacted with Hulu to offer the Hulu Plus subscription service to TiVo Premiere DVR subscribers. Hulu Plus content includes past seasons of classic TV series, as well as every episode of more than 45 current programs ... (Source: TheWrap 2010-09-28T22:17:55Z)

Irvine lawyer charged with faking sex websites of neighbors

A prominent Irvine lawyer has been charged with impersonating his next-door neighbors, and creating fake Web pages advertising sexual services from the neighbors' home. Franklin Casco Jr., 49, pleaded not guilty in June to 10 felonies, including one count ... (Source: msnbc.com 2010-09-29T20:43:41Z)

Discontent, not GOP pledge, drives voters

The Republicans' "Pledge to America" is an attention-grabbing campaign tactic. It shouldn't be endowed with any more significance than that, however worthy some of its goals are and however short it comes up in several key areas of policy. The out-of-power ... (Source: Chicago Sun-Times 2010-09-28T09:17:40Z)

PositiveID prepares to commence exchange offer to acquire control of DIGA

PositiveID Corporation ("PositiveID" or the "Company") (Nasdaq:PSID) commented today on Digital Angel Corporation's ("DIGA") (Nasdaq:DIGA) response to the Company's proposal to acquire all of the outstanding common stock of DIGA through a merger ... (Source: News-Medical.Net 2010-09-18T07:27:50Z)

UPDATE 2-Japan TEPCO to raise $6.6 billion in share sale

TOKYO, Sept 29 (Reuters) - Tokyo Electric Power Company (TEPCO) said it will raise up to $6.6 billion in the largest share offering by a non-financial firm this year to fund the construction of low-carbon energy units and invest overseas. TEPCO had ... (Source: Finanz Nachrichten 2010-09-29T08:12:03Z)

TiVo Offers Hulu Plus on TiVo Premiere DVRs

TiVo has teamed with Hulu to provide TiVo Premiere DVR subscribers with access to the full-array of Hulu Plus content streamed to their TVs. The Hulu Plus channel will be available via subscription to all TiVo Premiere customers in the coming months ... (Source: Communications Technology 2010-09-29T18:34:50Z)

China's Country Style Cooking Restaurant Rallies After U.S. IPO

Sept. 28 (Bloomberg) -- Country Style Cooking Restaurant Chain Co. surged 47 percent after the operator of 101 fast-food outlets in China raised 18 percent more than initially sought in its initial public offering. The company climbed 47 percent to $24.30 ... (Source: BusinessWeek 2010-09-28T20:16:14Z)

Nintendo slashes profit forecast after saying 3DS won't be on sale for Christmas

CHIBA, Japan (AP) — Nintendo shares tumbled Thursday after the company said its 3 DS game machine, packed with glasses-free 3-D technology, won't be ready to go on sale for Christmas, crushing its earnings forecast by more than half. Nintendo now expects ... (Source: Los Angeles Times 2010-09-30T08:39:30Z)

China's 'Kid' Law Firms Lure Attorneys From U.S., U.K. Rivals

Sept. 28 (Bloomberg) -- King & Wood, the Beijing-based law firm that advised on the world's largest initial public offering, isn't like the City or Wall Street rivals it worked with on the deal, International Managing Partner Rupert Li said. "We're ... (Source: BusinessWeek 2010-09-27T16:06:53Z)

Japan TEPCO to raise $6.6 billion in share sale

TOKYO, Sept 29 (Reuters) - Tokyo Electric Power Company (TEPCO) said it will raise up to $6.6 billion in the largest share offering by a non-financial firm this year to fund the construction of low-carbon energy units and invest overseas. TEPCO had ... (Source: The Guardian 2010-09-29T08:04:54Z)

Pledge to America: GOP, Democrats offer dueling governing plans in push to midterm elections

WASHINGTON (AP) — These are two remarkably different visions for governing America. With Thursday's release of the GOP's "Pledge to America" — a strongly worded manifesto promising to return government to the people, trim it through deep spending cuts ... (Source: Los Angeles Times 2010-09-23T21:40:54Z)

TEPCO seeks market-leading share sale

TOKYO - Tokyo Electric Power Company (TEPCO) said it will raise up to $US6.6 billion in the largest share offering by a non-financial firm this year to fund the construction of low-carbon energy units and invest overseas. TEPCO had announced plans earlier ... (Source: Business Spectator 2010-09-29T15:07:14Z)

Hypercom Rejected VeriFone's Unsolicited Offer To Buy Company For $290 Million In Cash ...

Hypercom ( NYSE:HYC ) announced that it rejected an unsolicited offer from VeriFone Systems ( NYSE:PAY ), to buy it for $290 million in cash, according to a DealBook report. The company said that it "significantly undervalues" the company. VeriFone offered ... (Source: Comtex Smartrend 2010-09-30T16:39:07Z)

Moody's raises UAL ratings; affirms Continental

Moody's Investors Service on Wednesday raised its debt ratings on United Airlines parent UAL Corp. Moody's set UAL's corporate family and probability of default to "B2," from "B3." Moody's also affirmed its ratings on Continental Airlines Inc. at "B2 ... (Source: AP - msnbc.com 2010-09-29T21:12:19Z)

PositiveID Corporation Withdraws Offer to Purchase All Outstanding Shares of Digital Angel ...

PositiveID Corporation ("PositiveID" or the "Company") (Nasdaq: PSID | PowerRating ) announced today that it has withdrawn its offer to purchase the outstanding shares of Digital Angel Corporation (Nasdaq: DIGA | PowerRating ). On September 28, 2010 ... (Source: TradingMarkets.com 2010-09-29T15:14:24Z)

King & Spalding Advises Cellu Tissue in Its Sale to Clearwater Paper

King & Spalding advised Cellu Tissue Holdings, Inc., a North American producer of tissue products, in its definitive agreement to sell the company for $502 million, including $255 million of debt, to Clearwater Paper Corporation, a manufacturer of premium ... (Source: msnbc.com 2010-09-17T13:55:34Z)

Approval of Continental sale to United Airlines forms world's biggest airline

Shareholders of United and Continental airlines voted Friday to approve a combination of their companies that would create the world's biggest airline and could have far-reaching effects on where they fly and how much they charge passengers. The companies ... (Source: Marketplace.publicradio.org 2010-09-17T16:47:22Z)

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