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, 6:43 pm

Asian stock markets rise as Chinese manufacturing activity picks up pace in September

SINGAPORE — Most Asian stock markets rose Friday as stronger growth in Chinese manufacturing suggested the world's No. 2 economy isn't slowing as sharply as feared. Wall Street, meanwhile, chalked up its best September in 71 years even after key indexes ... (Source: San Francisco Examiner 2010-10-01T06:15:09Z)

Index futures lower ahead of GDP, business activity data

NEW YORK (Reuters) - Stocks index futures dipped on Thursday ahead of key September regional business data awaited by investors to see whether this month's equity rally was justified by economic fundamentals. The September Institute for Supply Management ... (Source: msnbc.com 2010-09-30T11:16:59Z)

Asian stock markets mixed as Europe finance jitters offset flurry of corporate deals

Last update: September 27, 2010 - 10:32 PM TOKYO - 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 ... (Source: Minneapolis Star Tribune 2010-09-28T03:34:04Z)

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)

Survey shows manufacturing activity grew in Sept. for 14th straight month, but at slower pace

NEW YORK (AP) — Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November. The Institute for Supply Management said Friday that its manufacturing index read 54.4 in September, down from 56.3 in ... (Source: Los Angeles Times 2010-10-01T16:37:55Z)

Tessco Rebuffs Discovery's Buyout Offer

Tessco Technologies , which makes products used to build wireless systems, said Thursday that its board unanimously rejected a buyout proposal from the Discovery Group , The Associated Press reported. Tessco said its board found the investment firm's ... (Source: New York Times Blogs 2010-10-01T10:40:01Z)

Japan leader warns of rising Chinese power

TOKYO, Oct. 1 (UPI) -- Japanese Prime Minister Naoto Kan voiced concern about China's military buildup in a speech to Parliament Friday. Kan, in his first big speech since fending off a party leadership challenge, called on China to act as a "responsible ... (Source: United Press International 2010-10-01T19:44:02Z)

UCLA is tested as USC cruises

Spraying to all fields, wondering what USC's record would be if the Trojans had played UCLA's schedule: The Trojans are 4-0, beating four opponents with a combined 6-9 record. That includes a less-than-an impressive 17-14 home victory against Virginia and ... (Source: msnbc.com 2010-09-27T05:44:06Z)

BHP Says Any Potash Bid Must Offer Shareholder Value

TORONTO (Reuters) - BHP Billiton would rather drop its efforts to buy Potash Corp than raise its $39 billion offer to a level that exceeds good value for BHP shareholders, its chief executive said on Tuesday. That said, CEO Marius Kloppers insisted he was ... (Source: ABC News 2010-09-22T03:26:52Z)

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)

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)

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)

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)

Marron 5's new album, Hands All Over, will be released on September 21st

Grammy winning recording artist Maroon 5 is back with their highly anticipated third studio album, Hands All Over (A&M/Octone), set for release on September 21st. The album has a great sound that infuses a plethora of styles. Their first single off the ... (Source: Examiner 2010-09-19T05:39:17Z)

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: San Francisco Gate 2010-09-22T15:58:29Z)

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)

UCLA, not USC, is all the talk nationally

See if you can guess who said the following about UCLA's stunning 34-12 win at No. 7 Texas. "What a great performance. It speaks volumes for their players and coach [Rick] Neuheisel. It's one thing to win by getting the ball to bounce your way a couple ... (Source: ESPN.com 2010-09-28T22:03:36Z)

Japan PM concerned over China's widening maritime activity as 3 Japanese freed return

TOKYO - Japan's prime minister expressed concern Friday over China's strengthening military power and expanding maritime activity in Asia, including waters near disputed islands where a ship collision ignited a bitter diplomatic feud. Prime Minister Naoto ... (Source: Minneapolis Star Tribune 2010-10-01T08:24:00Z)

Adam Levine To Offer Up Harley If Album Debuts At Number One

Maroon 5 star Adam Levine is to hand a lucky fan the keys to his beloved Harley Davidson motorcycle if the band's new album Hands All Over debuts at the top of the U.S. charts. The singer will offer up the bike on the band's website if the record hits ... (Source: Post Chronicle 2010-09-24T14:37:23Z)

UCLA commit picks up USC offer

Torian White has been committed to UCLA since the early summer and he remains in the Bruins' recruiting class but cross-town rival USC offered this week and White's father, Joe, said the Trojans will have to be considered. White, a 6-foot-6, 280-pound ... (Source: YAHOO! 2010-09-26T23:53:21Z)

Tessco rejects acquisition offer from largest shareholder

The board of directors for Tessco Technologies Inc., a Hunt Valley -based wireless systems company, has rejected an acquisition offer from its largest shareholder as being "grossly inadequate." The offer came from the Discovery Group, a Chicago-based ... (Source: Baltimore Sun 2010-10-01T22:50:09Z)

Adam Levine taking Maroon 5 in new direction

The "Misery" singer admits it is "absolutely ridiculous" how many models are featured in the band's songs, videos and album covers, and is planning for the group to take a new direction. Speaking of the situation, Adam said: "I need to find something else ... (Source: AZCentral.com 2010-09-26T04:05:05Z)

Asian stock markets start new week with gains

Asian stock markets kicked off a new week of trading in good spirits, encouraged by an improvement in U.S. indicators that provided respite from worries about the durability of the economic recovery. An increase in U.S. corporate spending and a big jump in ... (Source: AP - msnbc.com 2010-09-27T05:29:47Z)

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)

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)

Manufacturing activity rises for 14th straight month

NEW YORK — Manufacturing activity expanded in September for the 14th straight month, but at a slower rate than in the previous month, according to an industry trade group. The Institute for Supply Management said today that its manufacturing index read ... (Source: Oregonian 2010-10-01T15:33:30Z)

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)

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)

Japan PM concerned over China's maritime expansion

TOKYO (AP) — Japan 's prime minister expressed concern Friday over China 's strengthening military power and expanding maritime activity in Asia , including waters near disputed islands where a ship collision ignited a bitter diplomatic feud. Prime ... (Source: USA Today 2010-10-01T17:28:02Z)

Tessco sees record EPS, revenue for Q2; rejects buyout offer from Discovery Group – Stock to ...

(RTTNews) Tessco Technologies Inc. (TESS), a maker of products that are used to build wireless systems, said its board unanimously rejected a buyout proposal from Discovery Group, calling the offer "grossly inadequate". On Sep 22, Discovery Group made ... (Source: RTT News 2010-10-01T13:17:29Z)

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