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 13, 2010, 10:41 am

Standard Chartered to raise £3.3bn in rights issue

STANDARD Chartered has launched a $5.3bn (£3.3bn) rights issue to bolster its finances for new capital rules and provide the firepower to take advantage of growth opportunities. The Asia-focused bank said it made record profits and income in the third ... (Source: yorkshirepost 2010-10-13T07:33:59Z)

Pfizer to buy King, Embeda in $3.6 billion deal

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. Pfizer, the world's largest drugmaker, will pay $14.25 a share in cash, a 40 ... (Source: Pittsburgh Tribune-Review 2010-10-13T03:59:14Z)

Standard Chartered unveils £3.3bn rights issue

Asia-focused bank Standard Chartered (STAN) launched a $5.1 billion (£3.3 billion) rights issue to bolster its finances for new capital rules and provide the firepower to take advantage of growth opportunities, it said. The bank said it made record ... (Source: Interactive Investor 2010-10-13T09:28:31Z)

Guinea rival candidates ponder power-sharing deal

Guinea's rival presidential candidates are considering a power-sharing deal following the upcoming runoff vote in a move designed to ease tensions ahead of what is expected to be a divisive contest. Government spokesman Tibou Kamara said on state TV late ... (Source: AP - msnbc.com 2010-10-12T17:14:59Z)

Sam's Club to sell Apple's iPad & iPhone

Wal-Mart Stores Inc.'s warehouse unit Sam's Club will sell Apple's iPad and iPhone. The world's largest retailer said at an investor meeting in Wednesday it is expanding Sam's Club electronics and jewelry sections and will carry the popular tablet computer ... (Source: msnbc.com 2010-10-13T15:40:44Z)

StanChart to raise $5.3 billion in rights offer

By Denny Thomas and Saeed Azhar HONG KONG/SINGAPORE (Reuters) - Asia-focused bank Standard Chartered <STAN.L> launched a $5.3 billion rights issue to bolster its finances for new capital rules and provide the firepower to take advantage of growth ... (Source: msnbc.com 2010-10-13T07:26:49Z)

West Bank building freeze deal rejected

JERUSALEM – Israeli Prime Minister Benjamin Netanyahu offered on Monday to extend a freeze on building in West Bank settlements if the Palestinian leadership declares that it recognizes Israel as the Jewish state. The offer was promptly rejected by the ... (Source: Dallas Morning News 2010-10-13T13:39:03Z)

Drug giant Pfizer to swallow King Pharmaceutical

NEW YORK — Pfizer Inc. said Tuesday that 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 buy King Pharmaceutical Inc. is Pfizer's largest since it ... (Source: Denver Post 2010-10-13T06:58:11Z)

Judge rules against owners Tom Hicks and George Gillett Jr. in Liverpool soccer club sale ...

LONDON – A British judge ruled against Liverpool's American owners Wednesday, clearing the way for the sale of the debt-ridden Premier League club after a bitter boardroom battle. The owners of the Boston Red Sox and a Singapore billionaire are bidding ... (Source: Dallas Morning News 2010-10-13T16:45:10Z)

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)

16 Chilean miners emerge in rescue

San Jose Mine, Chile — One by one, the miners trapped for 69 days in a dungeon that could have been their tomb climbed into a rescue capsule and made a smooth ascent to the surface Wednesday, greeted by the embraces of loved ones, cheered by joyous ... (Source: Detroit News 2010-10-13T17:06:38Z)

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 2010-10-12T19:59:38Z)

Bidders combine to pay $212.4 million for Sea Island resort

SAVANNAH, Ga. - Competing bidders ended up banding together late Monday to negotiate a deal to jointly buy Sea Island Co. for $212.4 million at an auction intended to settle the Georgia luxury resort operator's bankruptcy case. If a federal bankruptcy ... (Source: Herald Tribune 2010-10-13T05:10:49Z)

Glynn County digesting Sea Island auction deal

BRUNSWICK — Officials and workers alike were digesting the news Tuesday that two competing bidders for the assets of bankrupt Sea Island Co. had joined to pay about $15 million more than the properties would have brought before an auction. Competing ... (Source: Florida Times-Union 2010-10-13T08:24:05Z)

Rival presidential candidates in Guinea consider a power-sharing deal after October elections

CONAKRY, Guinea (AP) — A government spokesman says rival presidential candidates are considering a power-sharing deal after elections later this month. Minister of State Tibou Kamara said on state TV Monday that candidates Cellou Dalein Diallo and Alpha ... (Source: KSPR.com 2010-10-12T14:30:21Z)

Sam's Club to sell Apple's iPad and iPhone

Wal-Mart Stores Inc.'s warehouse unit Sam's Club will sell Apple's iPad and iPhone. The world's largest retailer said at an investor meeting in Wednesday it is expanding Sam's Club electronics and jewelry sections and will carry the popular tablet computer ... (Source: msnbc.com 2010-10-13T15:19:16Z)

Rescue crews test 'Phoenix 1' capsule in Chile

(NECN/CNN: COPIAPO, Chile) - Rescue crews in Chile will begin at midnight Tuesday -- and perhaps even earlier -- to free the 33 miners trapped for more than two months nearly half a mile below ground, Chile's mining minister said Monday. "We are hoping to ... (Source: NECN 2010-10-12T09:29:42Z)

UPDATE: Rescue of Miners about Halfway Through

SAN JOSE MINE, Chile (AP) - The rescue of 33 miners who'd been trapped underground in Chile for nearly ten weeks is about halfway through. And so far, there haven't been any significant problems. The oldest and the youngest of the trapped men are among ... (Source: msnbc.com 2010-10-13T17:13:48Z)

Bidders Join To Buy Ga.'s Sea Island For $212 Million

SAVANNAH, Ga. -- Bidders have agreed to join forces to buy the Sea Island Co. for $212.4 million in auction to settle the Georgia resort operator's bankruptcy case. Sea Island spokesman Mike Geczi said Monday evening that the deal was reached after eight ... (Source: WSB-TV Atlanta 2010-10-12T10:34:07Z)

Mine rescue operation to get under way tonight

RESCUE WORKERS have finished shoring up the initial section of an escape tunnel to rescue the 33 trapped miners and begun dry runs ahead of the launch of the operation after midnight tonight. Engineers sent a "Phoenix" – one of three high-tech ... (Source: Irish Times 2010-10-12T06:16:25Z)

Guinea's rival candidates consider power-sharing deal as long-awaited runoff vote nears

CONAKRY, Guinea - Guinea's rival presidential candidates are considering a power-sharing deal following the upcoming runoff vote in a move designed to ease tensions ahead of what is expected to be a divisive contest. Government spokesman Tibou Kamara said ... (Source: Canada East 2010-10-12T17:29:18Z)

Chilean President: Looking Forward To Imminent Mine Rescue

Chilean President Sebastian Pinera says he is looking forward to the imminent rescue of the 33 miners trapped for more than two months nearly half a mile below ground. Copiapo, Chile (CNN) -- Chilean President Sebastian Pinera says he is looking forward to ... (Source: WIBW 2010-10-12T12:00:01Z)

Israel, Palestinian Peace Deal Possible Within Year, U.S. Says

Oct. 13 (Bloomberg) -- Israel and Palestinians can still reach a peace agreement, even with the current impasse over extending a moratorium on Israeli settlements, a U.S. official said. "We believe this can be resolved in a year's time," State ... (Source: BusinessWeek 2010-10-13T01:36:04Z)

Lim urging Liverpool to accept takeover offer

Singapore billionaire Peter Lim is urging Liverpool's board to accept his offer to buy the club and ''not simply ratify a sale'' to the owners of the Boston Red Sox. A High Court judge ruled Wednesday that Liverpool's American co-owners Tom Hicks and ... (Source: FOXSports.com 2010-10-13T13:17:35Z)

Hugs seen around the world as Chilean mine rescue goes global

LONDON (AP) — Plane crashes, terror threats, oil spills, toxic leaks. The TV news diet is often dire, rarely joyous. And then there were the pictures Wednesday of brave, dignified miners who had been trapped beneath the ground for more than two months ... (Source: Coloradoan 2010-10-13T15:40:44Z)

Pfizer snaps up maker of pain drugs for $3.6B

N EW YORK - Pfizer Inc. said yesterday it will buy King Pharmaceutical, 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. Pfizer already has a large stake in the pain drug ... (Source: Boston Herald 2010-10-13T04:20:42Z)

Hugs seen around the world as rescue goes global

Plane crashes, terror threats, oil spills, toxic leaks. The TV news diet is often dire, rarely joyous. And then there were the pictures Wednesday of brave, dignified miners who had been trapped beneath the ground for more than two months being brought to ... (Source: AP - msnbc.com 2010-10-13T16:52:19Z)

17 miners free as Chile rescue passes halfway mark

SAN JOSE MINE, Chile -- The miners who spent 69 agonizing days deep under the Chilean earth were hoisted one by one to freedom Wednesday, their rescue moving with remarkable speed while their countrymen erupted in cheers and the world watched transfixed ... (Source: Miami Herald 2010-10-13T16:52:19Z)

Hugs heard round the world as TV coverage turns Chile rescue into global happening

LONDON — Plane crashes, terror threats, oil spills, toxic leaks. The TV news diet is often dire, rarely joyous. And then there were the pictures Wednesday of brave, dignified miners who had been trapped beneath the ground for more than two months being ... (Source: Washington Examiner 2010-10-13T15:04:57Z)

Lim urges Liverpool to accept takeover offer

LONDON (AP) -- Singapore billionaire Peter Lim urged Liverpool's board Wednesday to accept his offer to buy the club and "not simply ratify a sale" to the owners of the Boston Red Sox. A High Court judge ruled Wednesday that Liverpool's American co-owners ... (Source: CNN Sports Illustrated 2010-10-13T15:19:16Z)

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