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Deals of the Hour / September 30, 2010, 7:44 am

AIG announces deal to repay billions to government

NEW YORK — AIG, which became a lightning rod for criticism over government bailouts, said it has reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a profit to taxpayers who footed ... (Source: Colorado Springs Gazette 2010-09-30T14:15:57Z)

McNabb expects 'hopefully cheers' from Eagles fans

Donovan McNabb spent months downplaying his inevitable return to Philadelphia in a Washington Redskins uniform. But he knows it's a pretty big deal, a game that won't feel like any other.He said he's not changing his approach this week, that it's more ... (Source: msnbc.com 2010-09-29T23:42:38Z)

Man denies assault

BRATTLEBORO -- A Montpelier man who was shot in the hand by a Brattleboro Police officer after he allegedly threatened her with a knife Tuesday pleaded not guilty to aggravated assault on a police officer Wednesday in the Windham Criminal Division of ... (Source: Brattleboro Reformer 2010-09-30T11:16:59Z)

Dollar Thrifty rebuffs Avis again, backs Hertz offer

Dollar Thrifty Automotive Group rejected Avis Budget Group's CAR.N revised offer again saying it was not sure if Avis could close the deal and urged shareholders to vote for the lower Hertz Global Holdings offer. "Avis Budget has not demonstrated to our ... (Source: Chicago Tribune 2010-09-27T14:55:18Z)

HealthScape Advisors LLC Adds Steven Hooker to Firm's Advisory Council

HealthScape Advisors LLC, the healthcare management-consulting firm, announced that Steven Hooker would join the firm as a Senior Advisor to its Advisory Council (see also Business News). As a Senior Advisor, Mr. Hooker will support HealthScape's delivery ... (Source: Insurance News Net 2010-09-29T20:22:12Z)

Janice Chaffin Joins IGT's Board of Directors

LAS VEGAS , Sept. 29 -- International Game Technology (NYSE: IGT) announced today the election of Janice Chaffin to the Company's Board of Directors. Chaffin is group president for Symantec Corporation's Consumer Business Unit, and has held the position ... (Source: Earthtimes 2010-09-30T00:25:35Z)

Regence BlueShield dropping child-only health plans

Regence BlueShield, one of the state's largest health insurers, will no longer offer child-only individual plans, a move that state insurance officials fear may trigger other insurers to drop similar policies. The Regence decision comes as regulations ... (Source: The Spokesman-Review 2010-09-28T22:10:46Z)

HP wins $20 million contract to help Florida improve early education programs

PALO ALTO, CALIF. — Hewlett-Packard Co. said Wednesday that its business services division has won a $20 million contract from the state of Florida to help organize and run its early childhood education programs. The computer maker said it will design ... (Source: Washington Examiner 2010-09-29T13:19:52Z)

Navajo lawmakers table proposed water settlement

Navajo lawmakers have tabled a measure to settle the tribe's water rights in the lower Colorado River basin of northeastern Arizona. Lawmakers held off on a vote Wednesday to allow more time for public hearings and debate among themselves. They're expected ... (Source: Daily Herald 2010-09-29T22:09:35Z)

Girl Sues Fairfield Schools Over Bullying Complaints

WLWT.com A teenage girl and her parents have sued the Fairfield School District and another girl over an alleged bullying issue. The suit claims the girl, identified as S.H., harassed Sara Clark at school and elsewhere after S.H. was charged with assault ... (Source: msnbc.com 2010-09-30T02:41:35Z)

Regence BlueShield to drop child-only coverage in Washington

SEATTLE - One of Washington state's largest health insurers will no longer offer child-only individual plans. The Seattle Times reports that Regence BlueShield says the move affects only new policies and it is not dropping the 2,500 children it now insures ... (Source: NWCN 2010-09-29T03:25:44Z)

AIG cuts deal to repay billions to taxpayers

NEW YORK — AIG, which became a lightening rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a sizable profit to taxpayers who ... (Source: msnbc.com 2010-09-30T13:47:19Z)

Rez water rights up for vote

Navajo lawmakers will consider a bill Wednesday to settle the tribe's water rights in the lower Colorado River basin. The proposed settlement would give the Navajo Nation 31,000 acre-feet of water a year from the Colorado River, the unappropriated surface ... (Source: Arizona Daily Sun 2010-09-29T12:08:17Z)

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)

Swiss company ABB's US unit charged with conspiracy to violate anti-bribery law in Mexico

WASHINGTON - The Justice Department has charged two subsidiaries of Swiss company ABB Ltd. with conspiracy to violate an anti-bribery law in deals with the Iraqi government under former dictator Saddam Hussein and with a state-owned utility in Mexico. ABB ... (Source: Macleans 2010-09-29T23:21:09Z)

Ahead of the Bell: Dollar Thrifty to vote on Hertz

Shareholders of Dollar Thrifty Automotive Group Inc. are set to vote at a special shareholder meeting Thursday on a buyout offer from rival Hertz Global Holdings Inc. Dollar Thrifty's board has already said it favors Hertz's bid, worth about $50.88, over a ... (Source: AP - msnbc.com 2010-09-30T10:34:02Z)

DOJ charges 2 subsidiaries of Swiss company in deals with oil-for-food program, Mexico utility

WASHINGTON (AP) — The Justice Department has charged two subsidiaries of Swiss company ABB Ltd. with conspiracy to violate an anti-bribery law in deals with the Iraqi government under Saddam Hussein and with a state-owned utility in Mexico. ABB Ltd ... (Source: FOX6Now.com Milwaukee 2010-09-29T21:55:16Z)

Death of Trenton Water Works deal may revive lawsuit

As Trenton prepares to evaluate the future of its water utility, the city is also dealing with the fallout from a failed proposal to sell the utility's outlying infrastructure to a private company. Earlier this month, talks were revived over a lawsuit ... (Source: NJ.com 2010-09-30T02:12:57Z)

Democrats offer blanket mortgage refinance plan

As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their income, credit history or loan-to-value ratio under a plan to be unveiled on Tuesday by a Democratic lawmaker. The legislation ... (Source: Chicago Tribune 2010-09-28T16:05:41Z)

HP Gets Florida's $20M Early Education Plan

Tallahassee, FL, United States (AHN) – HP Enterprise Services has been awarded a $20 million contract to develop, design, implement and maintain the Early Learning Information System (ELIS) for enhancement of preschool education programs by the State of ... (Source: Gant Daily 2010-09-29T16:33:08Z)

Greg Creed Joins IGT's Board of Directors

LAS VEGAS , Sept. 29 -- International Game Technology (NYSE: IGT) announced today the election of Greg Creed to the Company's Board of Directors. Creed is president and chief concept officer for Taco Bell Corporation, a subsidiary of Yum! Brands, Inc. He ... (Source: Earthtimes 2010-09-30T00:25:35Z)

US charges 2 subsidiaries of Swiss company

WASHINGTON— The Justice Department has charged two subsidiaries of Swiss company ABB Ltd. with conspiracy to violate an anti-bribery law in deals with the Iraqi government under Saddam Hussein and with a state-owned utility in Mexico. ABB Ltd.-Jordan ... (Source: Boston Globe 2010-09-29T22:45:22Z)

IGT announces election of Greg Creed to board

Sep 30, 2010 (M2 EQUITYBITES via COMTEX) -- Provider of gaming machines and systems products International Game Technology (IGT) (NYSE:IGT0 on Wednesday announced the election of Greg Creed to its board of directors. Creed is currently president and chief ... (Source: TMCnet 2010-09-30T13:40:09Z)

HP in $20M deal to help Florida education programs

Hewlett-Packard Co. said Wednesday that its business services division has won a $20 million contract from the state of Florida to help organize and run its early childhood education programs. The computer maker said it will design and implement a program ... (Source: AP - msnbc.com 2010-09-29T13:12:42Z)

Navajo lawmakers postpone vote on landmark water deal

Navajo lawmakers sidestepped a landmark agreement Wednesday that would secure the tribe's claims to a share of water from the lower Colorado River and promise relief to thousands of people who now haul drinking water to their homes on the reservation ... (Source: AZCentral.com 2010-09-29T21:40:57Z)

McNabb hoping for cheers in Philly

ASHBURN, Va. — Donovan McNabb spent months downplaying his inevitable return to Philadelphia in a Washington Redskins uniform. But he knows it's a pretty big deal, a game that won't feel like any other. He said he's not changing his approach this ... (Source: Times-Leader 2010-09-30T05:04:45Z)

UPDATE 2-U.S. lawmaker unveils mortgage modification bill

WASHINGTON, Sept 28 (Reuters) - As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan unveiled on Tuesday by a Democratic lawmaker. The legislation ... (Source: Finanz Nachrichten 2010-09-28T20:59:11Z)

McNabb hopes for warm Philly welcome but also expects boos

ASHBURN, Va. -- Donovan McNabb spent months downplaying his inevitable return to Philadelphia in a Washington Redskins uniform. But he knows it's a pretty big deal, a game that won't feel like any other. He said he's not changing his approach this week ... (Source: NFL 2010-09-29T23:56:57Z)

UPDATE 1-US House lawmaker plans blanket mtg modification bill

WASHINGTON, Sept 28 (Reuters) - As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan to be unveiled on Tuesday by a Democratic lawmaker. The ... (Source: Reuters UK 2010-09-28T16:12:51Z)

AIG reaches deal to repay government

NEW YORK — AIG has reached a deal to repay the government billions of dollars in assistance it received during the credit crisis. The U.S. Treasury will swap debt it currently holds in AIG for common stock and then sell those shares over time. New York ... (Source: Huffingtonpost.com 2010-09-30T11:02:40Z)

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