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Deals of the Hour / October 10, 2010, 8:40 pm

City Notebook: Meeting a chance to shake hands after election in Alexandria

Alexandria at-large Councilman-elect Jim Villard dropped in Tuesday to watch some of the action at the Alexandria City Council meeting. Villard, who has not been a regular attendee of council meetings over the past year, didn't have to stick around long ... (Source: Alexandria Daily Town Talk 2010-10-10T11:40:55Z)

Hevesi Said to Offer Deal to Plead Guilty in New York State Pension Probe

Former New York state Comptroller Alan G. Hevesi told New York Attorney General Andrew Cuomo 's office he is willing to plead guilty in connection with a probe of corruption at the state pension fund, according to a person familiar with the investigation ... (Source: Bloomberg 2010-09-29T21:55:16Z)

Feds offer loan guarantee for Ore. wind farm

The U.S. Department of Energy on Friday offered support for a major wind energy project planned for the Columbia Plateau in Eastern Oregon. Energy Secretary Steven Chu announced the department was offering to guarantee $1.3 billion of the financing for the ... (Source: AP - msnbc.com 2010-10-09T00:14:55Z)

China Telecom may be in talks to offer iPhone: report

China Telecom, the smallest of China's three wireless carriers, may become the second Chinese operator to offer Apple's popular iPhone after an exclusive agreement with one of its rivals expires, a Deutsche Bank analyst note said. China Unicom, the nation ... (Source: msnbc.com 2010-10-08T03:07:54Z)

NKorea's heir apparent Kim Jong Un appears with father at lavish parade signaling succession

PYONGYANG , North Korea (AP) — Clapping, waving and even cracking a smile, Kim Jong Il 's heir apparent joined his father Sunday at a massive military parade in his most public appearance since being unveiled as North Korea's next leader. Kim Jong Un ... (Source: Chicago Tribune 2010-10-10T12:38:11Z)

Benefits, drawbacks of online checking accounts

NEW YORK -- You may never have to wait on line at a bank again. Now that most routine transactions can be handled online or at ATMs, you may be weighing whether it's worth making the leap to an exclusively online checking account. Besides the convenience ... (Source: My West Texas 2010-10-10T11:33:46Z)

Alan Hevesi pleads guilty to public corruption charge

ALBANY — Former state Comptroller Alan Hevesi pleaded guilty Thursday to a felony public corruption charge in a massive pay-to-play scandal involving the state pension fund. In his plea deal, Hevesi, a Democrat, admitted that about $1 million from a ... (Source: Democrat and Chronicle 2010-10-08T08:58:39Z)

Online checking accounts offer convenience, but beware of the drawbacks

NEW YORK — Now that most routine bank transactions can be handled online or at ATMs, you may be weighing whether it's worth making the leap to an exclusively online checking account. Besides the convenience, these accounts typically bear interest or ... (Source: Boston Globe 2010-10-09T06:19:59Z)

Calamos Asset Management, Inc. Announces Third Quarter 2010 Investor Conference Call

NAPERVILLE, Ill. , Oct. 8 /PRNewswire-FirstCall/ -- Calamos Asset Management, Inc. (Nasdaq: CLMS - News ) will announce earnings for the third quarter of 2010 after the financial markets close on Tuesday, October 26, 2010 . An investor conference call is ... (Source: Yahoo Finance 2010-10-08T22:34:42Z)

Feds offer guarantee for state wind farm

GRANTS PASS — The U.S. Department of Energy on Friday offered support for a major wind energy project planned for the Columbia Plateau in Eastern Oregon. Energy Secretary Steven Chu announced the department was offering to guarantee $1.3 billion of the ... (Source: Bend Bulletin 2010-10-09T10:59:09Z)

DineEquity, Inc. to Hold Third Quarter 2010 Investor Conference Call on November 2nd

DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, today announced that it will release third quarter 2010 financial results on Tuesday, November 2, 2010 before the market opens. The Company will ... (Source: msnbc.com 2010-10-08T19:57:13Z)

Orrstown Financial Services, Inc. Announces Extension Of Stock Repurchase Plan

SHIPPENSBURG, Pa. , Sept. 27 /PRNewswire-FirstCall/ -- The Board of Directors of Orrstown Financial Services, Inc. (Nasdaq: ORRF), the parent company of Orrstown Bank, has announced the approval of the extension of a program to repurchase shares of its own ... (Source: Street.Com 2010-09-27T20:03:06Z)

Benefits and drawbacks of online checking accounts

You may never have to wait on line at a bank again. Now that most routine transactions can be handled online or at ATMs, you may be weighing whether it's worth making the leap to an exclusively online checking account. Besides the convenience, these ... (Source: AP - msnbc.com 2010-10-06T19:45:16Z)

UPDATE 1-China Telecom may be in talks to offer iPhone-report

HONG KONG Oct 8 (Reuters) - China Telecom ( 0728.HK ), the smallest of China's three wireless carriers, may become the second Chinese operator to offer Apple's ( AAPL.O ) popular iPhone after an exclusive agreement with one of its rivals expires, a ... (Source: Reuters 2010-10-08T03:00:44Z)

North Korean heir apparent Kim Jong Un appears with father at parade signaling succession

PYONGYANG, North Korea - The next leader of North Korea from the only ruling family the isolated nation has ever known made his public debut Sunday, clapping and smiling as tanks and rocket launchers rolled past in what was said to be the largest military ... (Source: Minneapolis Star Tribune 2010-10-10T20:37:47Z)

Kim Jong-un makes public debut at lavish North Korean parade

PYONGYANG, North Korea | Clapping, waving and even cracking a smile, the youngest son of North Korean leader Kim Jong-il joined his father Sunday at a massive military parade in his most public appearance since being unveiled as the nation's next leader ... (Source: Washington Times 2010-10-10T22:18:00Z)

Tax relief firm misled customers, FTC says

This post comes from James Limbach at partner site ConsumerAffairs.com . A federal judge has halted a national operation accused of bilking consumers out of more than $60 million by falsely claiming it can reduce tax debts. The California state business ... (Source: MSN Money 2010-10-07T23:18:50Z)

DineEquity Reports Proposed Private Offering Of Senior Notes - Quick Facts

(RTTNews) - DineEquity, Inc. (DIN: News ) Thursday said it plans to offer senior unsecured notes. DineEquity intends to use the net proceeds from the offering, together with the net proceeds from other secured debt financing, to fund the previously ... (Source: RTT News 2010-10-09T01:26:30Z)

Cell phone providers say they offer ways for customers to monitor usage

WASHINGTON -- Liz Szalay said she was shocked when she saw her 14-year-old son's phone bill. Because he didn't have a $30 data plan as part of his Verizon Wireless contract, he'd run up charges of $2,000 over two months for downloading songs. "I would ... (Source: Pittsburgh Tribune-Review 2010-10-07T03:59:11Z)

Shire Announces Results of the Tender Offer for Movetis NV and Commencement of Squeeze-Out Tender Period

DUBLIN , September 30, 2010 /PRNewswire-FirstCall/ -- Shire plc (LSE: SHP, NASDAQ: SHPGY), the global specialty biopharmaceutical company, announces that shareholders of Movetis NV have tendered 99.18% of the shares of Movetis (Euronext Brussels: MOVE ... (Source: MSN Money 2010-09-30T11:09:50Z)

FCC may require phone bill warnings

Liz Szalay said she was shocked when she saw her 14-year-old son's phone bill. Because he didn't have a $30 data plan as part of his Verizon Wireless contract, he'd run up charges of $2,000 over two months for downloading songs. "I would never have allowed ... (Source: CharlotteObserver.com 2010-10-10T04:02:47Z)

China Telecom in IPhone Talks With Apple, Deutsche Bank Says

China Telecom Corp. , the nation's third-largest mobile phone-company, may have held "intensive talks" with Apple Inc. to offer the iPhone early next year, according to Deutsche Bank AG analysts. Apple plans to begin selling an iPhone that runs on ... (Source: Bloomberg 2010-10-08T07:32:45Z)

TRIP OF THE WEEK: Santa Clara Loop packs a punch in a short distance

A rural back country loop from St. George in Southern Utah packs a lot of history and scenery into a 45-mile drive. The route runs past Snow Canyon State Park to Veyo, then down the Santa Clara River past Gunlock State Park to the pioneer-era town of Santa ... (Source: Las Vegas Review Journal 2010-10-10T10:43:39Z)

US suit says tax relief offer was scam

CHICAGO — Thousands of consumers drowning in tax debt fell victim to a nationwide scam by a California-based company whose owners enjoyed a lavish lifestyle in a multimillion-dollar home with seven luxury cars in the garage, federal officials said ... (Source: Boston Globe 2010-10-07T02:26:08Z)

O'Brien: Why cell phones may be more dangerous than we think

After many years of increasingly erratic behavior, Alan Marks, of Lafayette, suddenly experienced a severe seizure in the middle of the night. His wife, Ellie, called 911 and Marks was rushed to the hospital, where tests revealed a golf-ball-size brain ... (Source: San Jose Mercury News 2010-10-10T11:12:17Z)

FTC Says American Tax Relief Took Money, Didn't Deliver

In recent years, some 20,000 people have turned to American Tax Relief of Beverly Hills, Calif., to do just that after seeing the company's advertisements on television, the Internet or in print, where actors portraying clients say the company reduced ... (Source: The Ledger 2010-10-09T01:05:01Z)

PV Police Offer Christmas Display Compromise

KMBC.com Police have developed four measures they hope will ease tensions between a homeowner who erects an elaborate Christmas display and his weary neighbors. Prairie Village Capt. Tim M. Schwartzkopf said the department had successful communication with ... (Source: msnbc.com 2010-10-09T01:12:11Z)

Feds offer loan guarantee for Oregon wind farm

GRANTS PASS -- The U.S. Department of Energy on Friday offered support for a major wind energy project planned for the Columbia Plateau in Eastern Oregon. Energy Secretary Steven Chu announced the department was offering to guarantee $1.3 billion of the ... (Source: Oregonian 2010-10-09T03:35:20Z)

DineEquity, Inc. Extends Expiration Date of Tender Offers

DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, announced today that with respect to its previously announced cash tender offers (the "Tender Offers") for any and all of the outstanding ... (Source: msnbc.com 2010-10-09T01:26:30Z)

Ex-New York Comptroller Pleads Guilty in Pension Probe

(Updates with Steven Rattner status in ninth paragraph.) Oct. 7 (Bloomberg) -- Former New York State Comptroller Alan Hevesi pleaded guilty to participating in a pay-to-play scandal at the public pension fund he once ran, the highest- ranking official ... (Source: San Francisco Gate 2010-10-07T22:35:53Z)

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