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 / October 1, 2010, 5:42 pm

Velti buys Mobclix in online ad deal

Connects more than 25 online, video and mobile ad networks including Millennial Media, Jumptap, InMobi, Traffic Marketplace, Mojiva and Smatto Serves and monetizes more than 3,280 ad requests per second or 8.5 billion ad requests per month through more ... (Source: San Jose Business Journal 2010-10-01T12:48:51Z)

Senate OKs subpoenas in grant probe

TRENTON — The Senate voted Thursday to grant subpoena power to an oversight committee examining the flubbed Race to the Top application, although it altered its original plan by exempting Gov. Chris Christie's office from any subpoenas. The Senate ... (Source: Courier-Post 2010-10-01T10:47:10Z)

WesternOne Equity Income Fund Announces Rebranding of Volvo Rents to WesternOne ...

VANCOUVER , Oct. 1 - WesternOne Equity Income Fund ("WesternOne") (TSX: WEQ.UN, WEQ.DB and WEQ.DB.B) today announced that it has ended its franchise agreement with Volvo Rents and rebranded its Alberta equipment rental operation to WesternOne Rentals ... (Source: Earthtimes 2010-10-01T14:36:14Z)

WHOOPI GOLDBERG STILL GRIEVING FOR MOM

The Hollywood star - whose mother Emma Johnson died on August 29 from complications following a stroke - admits she is still devastated at her loss and is trying to keep busy to deal with her grief. When asked how she is handling her mother's death, Whoopi ... (Source: CelebrityWonder 2010-09-30T15:13:13Z)

Platinum Group Metals Announces Increase to Previously Announced Bought Deal Financing to ...

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/01/10 -- Platinum Group Metals Ltd. (TSX: PTM)(NYSE Amex: PLG) ("Platinum Group" or the "Company") has announced today that, due to strong demand, the Company has increased the size of its previously ... (Source: PR Inside 2010-10-01T13:38:58Z)

Dollar Thrifty shareholders reject Hertz deal, means Avis offer still a possibility

CHICAGO (AP) — Dollar Thrifty Automotive Group shareholders have rejected a buyout offer from Hertz, giving an opening for rival bidder Avis Budget Group's offer for the car rental company. Hertz Global Holdings Inc. shares fell $1.12, or 9.7 percent, to ... (Source: Los Angeles Times 2010-09-30T19:38:04Z)

Dollar Thrifty shareholders reject Hertz deal; Avis offer could still be in play

THE VOTE: Dollar Thrifty shareholders rejected a buyout offer from Hertz, with 11.8 million votes for the deal and 13.8 million against. THE OFFERS: Hertz was offering $43.60 in cash and 0.6366 shares of common stock of Hertz, for each share of Dollar ... (Source: Los Angeles Times 2010-09-30T20:42:29Z)

Another landslide hits southern Mexico; 16 killed

A fresh landslide in rain-weary southern Mexico killed 16 people on Wednesday in the largely indigenous and rural state of Chiapas, and the death toll from an earlier landslide in Oaxaca state rose to six, reported the state news agency Notimex (link in ... (Source: Los Angeles Times 2010-09-30T23:48:36Z)

Licensing Power-One's Digital Power Technologies Expands the Market for Intersil's Zilker Labs ...

Intersil Corporation (http://www.intersil.com/) (NASDAQ: ISIL) and Power-One, Inc. (NASDAQ: PWER) today announced an agreement under which Intersil has licensed Power-One's Digital Power Technologies (DPT). The license expands the market for Intersil's ... (Source: Product Design & Development 2010-09-30T22:22:42Z)

Velti Acquires Mobclix Acquisition Provides Velti a Mobile Ad Exchange, Connection to More ...

SAN FRANCISCO, CA and PALO ALTO, CA -- (Marketwire) -- 10/01/10 -- Velti : (LSE: VEL) (AIM: VEL), a leading global provider of mobile marketing and advertising technology, today announced the acquisition of Mobclix Inc. ("Mobclix"), a leading privately ... (Source: PR Inside 2010-10-01T06:58:06Z)

TRENTON: Senate grants subpoena power in Race to Top probe

TRENTON -- The Senate voted Thursday to grant subpoena power to an oversight committee examining the flubbed Race to the Top application, although it altered its original plan by exempting Gov. Chris Christie's office from any subpoenas. The Senate ... (Source: Daily Journal 2010-10-01T17:49:30Z)

Amica Mature Lifestyles Inc.: Samir Manji Named a Winner in the Ernst & Young Entrepreneur ...

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/01/10 -- Amica Mature Lifestyles Inc. (TSX: ACC) ("Amica" or the "Company"), a leader in the management, marketing, design, development and ownership of luxury housing and services for mature lifestyles, is ... (Source: PR Inside 2010-10-01T21:02:47Z)

The Dish: Fallon, Timberlake go viral in hip-hop clip

Jimmy Fallon and Justin Timberlake are the hottest duo in hip-hop -- for the moment. They performed a medley of rap hits on "Late Night With Jimmy Fallon" Wednesday night and the clip is becoming a viral hit. Fallon and Timberlake started off with ... (Source: Kankakee Daily Journal 2010-10-01T15:26:20Z)

Power-One and Intersil Announce License Agreement

CAMARILLO, Calif. and MILPITAS, Calif., Sept. 30, 2010 (GLOBE NEWSWIRE) -- Power-One, Inc. (Nasdaq:PWER) and Intersil Corporation (Nasdaq:ISIL) today announced an agreement under which Intersil has licensed Power-One's Digital Power Technologies (DPT). The ... (Source: msnbc.com 2010-10-01T13:17:29Z)

BHP Will Lodge Motion to Remove Legal Obstacle to Potash Bid

BHP Billiton ( BHP ) will lodge a motion intended to remove a legal obstacle to its $39 billion hostile takeover bid for Potash Corp ( POT ). BHP said it plans to file a motion challenging a lawsuit filed by Potash Corp., which alleges that BHP ... (Source: Daily Finance 2010-10-01T11:44:26Z)

Auto supplier Visteon emerges from bankruptcy

After more than a year in bankruptcy court, auto supplier Visteon Corp. emerged from Chapter 11 protection on Friday with $2.1 billion less debt on its balance sheet. Visteon, which makes automotive interior products, filed for bankruptcy protection in May ... (Source: AP - msnbc.com 2010-10-01T22:28:41Z)

Intersil And Power-One Sign License Deal - Quick Facts

(RTTNews) - Intersil Corp. (ISIL: News ) said on Thursday that it has ented into an agreement with Power-One, Inc. (PWER: News ), under which Intersil has licensed Power-One's Digital Power Technologies. The license expands the market for Intersil's ... (Source: RTT News 2010-09-30T21:18:17Z)

Deal delays subpoena vote

TRENTON — Gov. Chris Christie has agreed to release documents related to the botched application for a federal education reform grant in exchange for the state Senate postponing a vote on granting subpoena powers to the committee probing the failed ... (Source: Courier-Post 2010-09-21T08:00:04Z)

'View' host Whoopi Goldberg stays busy to deal with grief after her mother's death last month

John Carucci, The Associated Press NEW YORK, N.Y. - Whoopi Goldberg says she channels her grief from her mother's death last month by staying busy. The co-host of "The View" attended the New York launch party Wednesday for purewow.com, a website with daily ... (Source: Big Hollywood 2010-09-30T06:52:08Z)

Velti Buys Mobclix, Terms Not Disclosed - Update

(RTTNews) - Mobile marketing and advertising technology provider Velti Plc (VLTLF.PK: News ,VEL.L: News ) Friday said it acquired privately-held mobile ad exchange network Mobclix Inc. Terms of the deal were not disclosed. Krishna Subramanian, co-founder ... (Source: RTT News 2010-10-01T08:02:32Z)

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 2010-09-23T14:45:43Z)

AIG reaches deal to repay billions to taxpayers

NEW YORK — AIG, which became a lightning 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 today could return a profit to taxpayers who footed the bill ... (Source: Oregonian 2010-09-30T15:41:51Z)

Aumentan a 23 los muertos por aludes en sur de México

Un nuevo cerro se deslavó el jueves en el estado sureño de Oaxaca y sepultó a un matrimonio, con lo cual la cifra de fallecidos por una serie de deslaves en el sureste de México se incrementó a por lo menos 23, mientras seguía la búsqueda de por lo ... (Source: Houston Chronicle 2010-09-30T20:06:42Z)

Visteon exits bankruptcy Friday

Wilmington, Del. -- Visteon Corp. on Wednesday cleared its final hurdle to emerge from bankruptcy Friday, after a judge approved a deal with former parent Ford Motor Co. U.S. Bankruptcy Judge Christopher Sontchi approved a deal that guarantees the Van ... (Source: Detroit News 2010-09-30T14:01:38Z)

Lawyer: Visteon to exit bankruptcy Friday

Wilmington, Del. -- A federal bankruptcy judge today approved a deal between Ford Motor Co. and Visteon Corp. to allow the Van Buren Township-based auto supplier to exit bankruptcy Friday. U.S. Bankruptcy Judge Christopher Sontchi approved the deal that ... (Source: Detroit News 2010-09-29T15:57:21Z)

BHP says close to lodging Potash legal challenge

SYDNEY (Reuters) - BHP Billiton <BHP.AX> said on Friday it expected to lodge a motion within the next few days to challenge a lawsuit filed by Potash Corp <POT.TO> to fend off the miner's $39 billion hostile takeover bid. BHP said its lawyers were ... (Source: msnbc.com 2010-10-01T10:47:10Z)

Medical tourism: Deal-seekers flock to Mexico for health care

What did you bring back from your last trip to Mexico? A blanket from Oaxaca? Criollo chocolate from Chiapas? Leather boots from Valladolid? A growing number of U.S. visitors are coming home with a new hip, a repaired hernia, capped teeth, a lap band or a ... (Source: Seattle Post Intelligencer 2010-10-01T09:14:07Z)

AIG, U.S. Agree on an Exit Deal; Making It Work Will Be Tougher

The U.S. government will sell off its stake in American International Group Inc., under a plan that could end the controversial bailout sooner than many thought but that remains fraught with risk. Analysts cautioned that executing the plan, which will ... (Source: Wall Street Journal 2010-10-01T02:26:05Z)

AIG reaches deal to repay government

New York -- AIG said today it reached a deal to repay the government billions of dollars in assistance it received during the credit crisis. The U.S. Treasury Department will swap debt it currently holds in AIG for common stock and then sell those shares ... (Source: Detroit News 2010-10-01T11:22:58Z)

Sinochem Taps Banks to Advise on a Potash Deal

Sinochem , the state-run parent of China's largest fertilizer distributor, has hired Deutsche Bank and Citigroup to advise it on an acquisition of a stake in Potash Corp. of Saskatchewan , two people with direct knowledge of the matter told DealBook on ... (Source: New York Times Blogs 2010-09-22T10:14:53Z)

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