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Deals of the Hour / October 12, 2010, 1:41 pm

Israel deputy PM: Cabinet officials doubt there can be peace deal with Palestinians soon

JERUSALEM - An Israeli deputy prime minister says members of the Cabinet's decision-making circle doubt a peace deal with the Palestinians can be reached in the near future. Moshe Yaalon's remarks appear contrary to Prime Minister Benjamin Netanyahu's ... (Source: Minneapolis Star Tribune 2010-10-12T08:32:26Z)

King Won't Be Pfizer's Last Deal

Pfizer's $68 billion purchase of Wyeth last year seemed like the king of all pharmaceutical deals, but it wasn't enough to crown the company's struggle to offset looming patent expirations for top-selling drugs like cholesterol pill Lipitor.  That ... (Source: Wall Street Journal 2010-10-12T17:00:40Z)

Sludge in Hungary puts focus on potential disasters

BUCHAREST, Romania — Abandoned mines in Romania leach waters contaminated by heavy metals into rivers. A Hungarian chemical plant produces more than 100,000 tons of toxic substances a year. Soil in eastern Slovakia is contaminated with cancer-producing ... (Source: Monterey County Herald 2010-10-12T17:43:37Z)

AP briefs: NY-Employment | Midterm-Democrats | Governor's Race-Paladino | Comptoller's Race

Audit: $1M in errors in NY unemployment benefits; new data details loss of jobs in NY over 15 years. Dissatisfaction upstate could hurt NY Democrats; Bill Clinton to stump for 2 NY House Democrats. NY Rep gov hopeful Paladino makes anti-gay remarks. Wilson ... (Source: North Country Public Radio 2010-10-11T12:51:19Z)

Deion Branch Heading Back To Patriots

Wide receiver Deion Branch, a Super Bowl MVP Award winner, will rejoin the New England Patriots following a trade from the Seattle Seahawks, announced Tuesday. Branch was sent back to New England for an undisclosed draft choice. He played for the Patriots ... (Source: Post Chronicle 2010-10-12T19:59:38Z)

Mazeroski's shot still a big deal in Steel City

PITTSBURGH — Left fielder Yogi Berra never had a chance as the homer cleared Forbes Field's ivy-covered wall with a dozen feet to spare, releasing a pent-up jolt of excitement and a crescendo of joyful noise that Pittsburghers had saved up for more ... (Source: Register-Guard 2010-10-12T06:45:03Z)

U.S. Says Israel, Palestinian Deal Still Possible Within a Year

Oct. 12 (Bloomberg) -- Israelis and Palestinians can still reach a final peace agreement, even with the current impasse over extending an Israeli settlement moratorium, a U.S. official said today. "We believe this can be resolved in a year's time ... (Source: BusinessWeek 2010-10-12T20:21:06Z)

Wal-Mart to sell Apple's iPad

NEW YORK - Wal-Mart Stores Inc. will start selling Apple Inc.'s iPad tablet computer in some stores by Friday and in a majority of locations by the height of the holiday shopping season. The world's largest retailer will sell the iPad at Apple's suggested ... (Source: Philadelphia Daily News 2010-10-12T17:57:56Z)

Europe has to deal with toxic legacy

Bucharest, Romania — Abandoned mines in Romania leach waters contaminated by heavy metals into rivers. A Hungarian chemical plant produces more than 100,000 tons of toxic substances a year. Soil in eastern Slovakia is contaminated with cancer-producing ... (Source: Detroit News 2010-10-12T04:57:41Z)

Pfizer's $3.6 Billion Deal for King Boosts Pain Focus

(Adds closing share prices in sixth paragraph.) Oct. 12 (Bloomberg) -- Pfizer Inc.'s $3.6 billion purchase of King Pharmaceuticals Inc. adds abuse-resistant narcotics to help the drugmaker expand its share of the $22 billion market for painkillers ... (Source: BusinessWeek 2010-10-12T20:21:06Z)

Wal Mart to sell Apple's iPad Beginning Friday - Will they discount the Tablet?

Get ready for the Apple iPad's arrival at Wal-Mart Friday, as the world's largest retailer will trail behind and become the fourth chain to carry the computer tablet in their stores. Wal-Mart fell just behind its biggest competitors on the iPad trend, as ... (Source: Gather.com 2010-10-12T20:06:47Z)

Hal Smith's '60 homer was Series' biggest — briefly

P ITTSBURGH — Left fielder Yogi Berra never had a chance as the homer cleared Forbes Field's ivy-covered wall with a dozen feet to spare, releasing a pent-up jolt of excitement and a crescendo of joyful noise that Pittsburghers had saved up for more ... (Source: Boston Herald 2010-10-11T19:53:39Z)

UPDATE: RIM: Can't Discuss Confidential UAE Agreement

Following a deal with the United Arab Emirates to avert a ban of key BlackBerry services, Research In Motion Ltd. (RIMM) said Friday that it can't discuss the details of confidential regulatory matters in specific countries. The U.A.E. ban would have come ... (Source: Wall Street Journal 2010-10-08T14:27:56Z)

Fantasy Football Trades: New England Patriots Acquire WR Deion Branch from Seattle Seahawks

Seahawks for a draft pick. The deal comes on the heels of the Pats trading WR Randy Moss to the Minnesota Vikings last week. Branch will practice with the team tomorrow and be ready to play this Sunday against the Baltimore Ravens. Analysis: I like the ... (Source: Associated Content 2010-10-12T20:13:57Z)

Electrolux Inks Preliminary Deal To Buy 52% Of Olympic Group - Quick Facts

(RTTNews) - Electrolux AB (ELUXY.PK: News ,ELXB.L: News ) announced the signing of a preliminary agreement with Paradise Capital to acquire 52% of Olympic Group for Financial Investments S.A.E. The deal inked is a Memorandum of Understanding with Paradise ... (Source: RTT News 2010-10-11T06:46:15Z)

UPDATE 4-Lions Gate seeks MGM deal, gets Icahn's support

NEW YORK, Oct 12 (Reuters) - Lions Gate Entertainment Corp ( LGF.N ) has proposed merging with Metro-Goldwyn-Mayer in a deal that would combine two studios that have thrilled audiences with hits including "Mad Men" and "James Bond," but also face a full ... (Source: Reuters 2010-10-12T17:07:50Z)

Israel offers deal with conditions

JERUSALEM - Israeli Prime Minister Benjamin Netanyahu on Monday said for the first time that he would extend the settlement restrictions in the West Bank - if the Palestinians recognize Israel as the Jewish national homeland. The idea, while innocuous to ... (Source: Philadelphia Daily News 2010-10-12T06:59:22Z)

Lions Gate seeks MGM deal, gets Icahn's support

NEW YORK (Reuters) - Lions Gate Entertainment Corp has proposed merging with Metro-Goldwyn-Mayer in a deal that would combine two studios that have thrilled audiences with hits including "Mad Men" and "James Bond," but also face a full cast of challenges ... (Source: Reuters 2010-10-12T17:14:59Z)

Electrolux buys Egyptian peer Olympic Group

Swedish appliance maker Electrolux AB says it has signed a deal to buy a 52 percent holding in Egyptian peer Olympic Group S.A.E. and will launch an offer for the remaining shares. The company says it has signed a memorandum of understanding to buy ... (Source: AP - msnbc.com 2010-10-11T14:10:03Z)

Egypt Stocks: Olympic Group Financial, Orascom Telecom Holding

Egypt's benchmark EGX30 Index fell for a second day, declining 0.3 percent to 6,804.58 at the 2:30 p.m. close in Cairo. The following stocks rose or fell in Egypt. Symbols are in parentheses. Olympic Group Financial Investments (OLGR EY) surged 37 ... (Source: Bloomberg 2010-10-11T15:21:38Z)

Summary Box: UAE, BlackBerry resolve dispute

BAN AVERTED: The United Arab Emirates is backing off a threat of cut key BlackBerry services over security concerns on Monday. CONCESSIONS: The government says it has reached a deal with device maker Research in Motion Ltd., but it didn't elaborate. RIM ... (Source: AP - msnbc.com 2010-10-08T14:35:05Z)

NY gets biz-'e'

ALBANY -- New York has launched a Web site it hopes will be a friendly guide for employers thinking of moving to or expanding in the Empire State. The site (NYfirst.NY.gov) includes advice on starting businesses, details on state regulations, information ... (Source: New York Post 2010-10-12T05:04:50Z)

Seahawks trade WR Deion Branch to Patriots

The New England Patriots acquired WR Deion Branch from the Seattle Seahawks on Tuesday, less than a week after trading away Randy Moss . The deal brings Branch back to New England, where he played from 2002-2005 and won two Super Bowls. Branch has played ... (Source: USA Today 2010-10-12T06:30:44Z)

NY website seeks to help attract, grow business

ALBANY, N.Y. (AP) - New York has launched a website it hopes will be a friendly guide for employers thinking of moving or expanding in the Empire State. "New York First" is the first portal for all statewide economic development programs and the many ... (Source: msnbc.com 2010-10-11T15:14:29Z)

Lions Gate offers to combine with MGM

Lions Gate is offering to combine its business with MGM in a deal supported by billionaire investor Carl Icahn, who owns stakes in both studios. Lions Gate Entertainment Corp. said Tuesday it has sent a proposal for a combination with financially troubled ... (Source: AP - msnbc.com 2010-10-12T17:57:56Z)

Red sludge only latest Hungarian calamity

Tuesday, Oct. 12, 2010 | 12:36 a.m. The disaster that buried three Hungarian villages in caustic red sludge this week is deepening the gloom of a country gripped by recession, polarization and the near-ubiquitous feeling that its people are doomed to be ... (Source: Las Vegas Sun 2010-10-12T07:42:19Z)

Canadian Troops to Quit U.A.E. Base After Air Dispute

(Updates with Emirates CEO comment in seventh paragraph.) Oct. 12 (Bloomberg) -- Canada is preparing to remove troops based in the United Arab Emirates after a dispute between the countries over landing rights for commercial flights. "Canadian Forces are ... (Source: BusinessWeek 2010-10-12T14:51:49Z)

Wal-Mart to sell Apple's iPad

Wal-Mart will start selling Apple's iPad tablet computer in some stores by Friday. They should be in most stores by the rush of the holiday shopping season. The world's largest retailer will sell the iPad at Apple's suggested retail prices, which range ... (Source: msnbc.com 2010-10-12T20:13:57Z)

His 15 minutes of fame

PITTSBURGH Left fielder Yogi Berra never had a chance as the homer cleared Forbes Field's ivy-covered wall with a dozen feet to spare, releasing a pent-up jolt of excitement and a crescendo of joyful noise that Pittsburghers had saved up for more than ... (Source: CharlotteObserver.com 2010-10-12T08:18:07Z)

Pfizer to buy King Pharmaceuticals

NEW YORK – Pfizer Inc. said Tuesday it will buy a company specializing in pain drugs in a $3.6 billion deal meant to shore up the portfolio of the world's largest drug company. The deal to by King Pharmaceutical Inc. is Pfizer's largest since it ... (Source: Journal Record 2010-10-12T18:55:12Z)

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