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 14, 2010, 2:40 am

Kaiser Aluminum to pay $90 million for assets of aerospace industry supplier Alexco LLC

FOOTHILL RANCH, CALIF. — Kaiser Aluminum Corp. said Wednesday it bought the assets of aerospace industry supplier Alexco LLC for $90 million. Kaiser said it will pay for the acquisition with cash on hand and expects the deal to close in December. The ... (Source: Washington Examiner 2010-10-13T20:41:23Z)

South Korea kicks off naval interdiction drills with US, Japan, Australia

SEOUL, South Korea - South Korea kicked off naval drills Thursday with the U.S., Australia and Japan aimed at intercepting illicit weapon shipments in a U.S.-led program targeting nations such as North Korea and likely to draw its anger. The one-day ... (Source: Minneapolis Star Tribune 2010-10-14T02:24:59Z)

South Korea, allies launch naval drills

SEOUL, South Korea — South Korea kicked off naval drills today with the U.S., Australia and Japan aimed at intercepting illicit weapon shipments in a U.S.- led program targeting nations such as North Korea and likely to draw its anger. The one-day ... (Source: Denver Post 2010-10-14T07:04:10Z)

Rescue Of Trapped Chilean Miners Under Way

The rescue of the 33 miners trapped underground is still under way, and going remarkably smoothly. The men are being treated on site, then transferred to a local hospital. So far, all of them are in good shape. Copyright © 2010 National Public Radio ... (Source: NPR News 2010-10-14T08:58:42Z)

Icahn supports Lions Gate, MGM merger

NEW YORK (Reuters) - Lions Gate Entertainment Corp has proposed merging with Metro-Goldwyn-Mayer, in a deal that would combine two Hollywood studios that have thrilled audiences with hits including "Mad Men" and "James Bond". The proposal immediately won ... (Source: Reuters 2010-10-12T14:44:40Z)

Kaiser Aluminum Paying $90M for Plane Parts Maker

Foothill Ranch-based aluminum products Kaiser Aluminum Corp. is paying $90 million for an Arizona maker of parts for planes. Kaiser is buying Chandler, Ariz.-based Alexco LLC in a deal that's set to close by year's end. Kaiser is paying cash for Alexco ... (Source: Orange County Business Journal 2010-10-13T14:07:41Z)

Liverpool owners block sale with US court order

LONDON (AFP) – Liverpool's American owners have blocked the sale of the English football giants to the owners of baseball's Boston Red Sox with a temporary restraining order granted by a US court, their lawyers said. Tom Hicks and George Gillett revealed ... (Source: YAHOO! 2010-10-14T06:28:22Z)

Lions Gate execs call MGM merger 'natural fit'

SANTA MONICA, Calif. -- Lions Gate Entertainment Corp. executives on Wednesday called the company's proposed merger with struggling Metro-Goldwyn-Mayer Studios Inc. a "once-in-a-lifetime opportunity" that would cut costs as it neatly melds complementary ... (Source: Forbes 2010-10-14T02:03:31Z)

Texas College Student Shot and Killed in Mexico

BROWNSVILLE, Texas -- Officials say a south Texas college student has been shot and killed in Mexico. University of Texas at Brownsville spokeswoman Amy Lynch said 19-year-old freshman Jonathan William Torres was killed Wednesday in Matamoros. Lynch tells ... (Source: FOX News 2010-10-07T13:46:10Z)

AEG prez wants NFL team in L.A.

LOS ANGELES -- The president and CEO of AEG, the company that owns LA Live and Staples Center, said Tuesday that he is exploring a deal for the company to manage the adjacent Los Angeles Convention Center as part of a plan to bring an NFL team to downtown ... (Source: ESPN.com 2010-10-13T00:45:57Z)

The Consumers' Waterheater Income Fund Announces Planned Conversion to a Corporation and ...

The Consumers' Waterheater Income Fund ("Fund") (TSX:CWI.UN) and The Consumers' Waterheater Operating Trust ("Trust") today announced that the board of trustees (the "Board of Trustees") of the Fund has approved the planned conversion of the Fund from an ... (Source: Melodika.net 2010-10-14T08:37:13Z)

Liverpool sale headed for another court battle

L ONDON — Liverpool's proposed sale to the owners of the Boston Red Sox [ team stats ] was stymied Wednesday when its current American owners obtained an injunction in Texas blocking the deal — just as it was about to be approved. Co-owners Tom Hicks ... (Source: Boston Herald 2010-10-14T04:05:12Z)

North Dakota Firm Sending 1st Shipment Of Cows To Kazakhstan

Bookmark A Bismarck consulting firm will send 170 cows to Kazakhstan in the coming week as part of a trade deal with beef producers there. Bill Price, president of Global Beef Consultants, told the Bismarck Tribune that Kazakhstan is hoping to improve its ... (Source: CattleNetwork.com 2010-10-11T12:58:28Z)

First of 33 Chilean miners rescued

SAN JOSE MINE, Chile - The first two of 33 men trapped in a collapsed mine were rescued early Wednesday after 69 days underground, pulled to freedom at last in a missile-like escape capsule to the cheers of family and countrymen. Rescued first was ... (Source: Philadelphia Daily News 2010-10-14T07:54:16Z)

Officials: Texas college student killed in Mexico

BROWNSVILLE, Texas (AP) - Officials say a south Texas college student has been shot and killed in Mexico. University of Texas at Brownsville spokeswoman Amy Lynch said 19-year-old freshman Jonathan William Torres was killed Wednesday in Matamoros. Lynch ... (Source: WFAA 2010-10-06T18:40:51Z)

Funds Managed by Libra Advisors, LLC Acquire Units of Colonial Coal International Corp. for ...

Libra Advisors, LLC ("Libra") announced today that Libra Fund, L.P. and Libra Offshore Master Fund, L.P. (the "Funds") acquired both 3,247,000 common shares and 3,247,000 warrants of Colonial Coal International Corp. ("Colonial") upon the automatic ... (Source: Stockhouse 2010-10-13T21:52:58Z)

All 33 Miners Saved in Chile

SAN JOSE MINE, Chile - The last of the Chilean miners, the foreman who held them together when they were feared lost, was raised from the depths of the earth Wednesday night - a joyous ending to a 69-day ordeal that riveted the world. No one has ever been ... (Source: Philadelphia Daily News 2010-10-14T07:04:10Z)

Alabama-South Carolina, Michigan-Michigan State highlight midafternoon slate

Pity the noon television viewer, who gets all riled up by Lee Corso donning a mascot head on ESPN's "College Gameday" in front of thousands of rabid, sign-wielding fans but then is hit with games featuring a good Big Ten team against a bad Big Ten team, or ... (Source: Washington Post 2010-10-09T08:35:59Z)

Exeter Resource Corporation Announces CAD$50 Million Bought Deal Financing

VANCOUVER , Oct. 4 /PRNewswire-FirstCall/ - Exeter Resource Corporation (AMEX:XRA, TSX:XRC, Frankfurt:EXB or the "Company") is pleased to announce that it has entered into an agreement with an underwriter (the "Underwriter"), pursuant to which the ... (Source: Newsblaze.com 2010-10-04T11:55:12Z)

AEG would manage LA convention center in NFL plan

LOS ANGELES -- The head of AEG says he is pursuing a deal for the company to manage the Los Angeles Convention Center as part of a plan to bring an NFL team to downtown. AEG President Tim Leiweke said Tuesday that he and City Councilwoman Jan Perry have ... (Source: ESPN.com 2010-10-12T21:47:00Z)

Henry-led group close to Liverpool deal after court clears way

LONDON -- Boston Red Sox owner John Henry arrived at a hastily called meeting of Liverpool's board of directors Wednesday, hoping to complete a takeover of the Premier League club after a British court cleared the way for a sale. The board meeting in ... (Source: CBS Sports 2010-10-14T05:23:57Z)

101 years after coming to America, 101-year-old Texas woman to become US citizen

BROWNSVILLE, Texas - A South Texas woman marked the 101st anniversary of her arrival in the United States as an infant by finally becoming a citizen of her adopted homeland. Eulalia Garcia-Maturey took the oath of allegiance Tuesday from a federal ... (Source: Minneapolis Star Tribune 2010-10-13T01:14:35Z)

Lions Gate - MGM deal in the works

NEW YORK — 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 today that it has sent a proposal for a combination with ... (Source: Oregonian 2010-10-12T14:44:40Z)

FLYING COWS: North Dakota cattle take flight in Kazakhstan deal

Truck by truck, pen by pen, the Fargo Jet Center welcomed – and wrangled – its newest set of passengers onto a waiting jumbo jet Tuesday morning. Somebody call Samuel L. Jackson: We've got cows on a plane. The soon-to-be-airborne cattle were the ... (Source: Grand Forks Herald 2010-10-13T11:08:44Z)

South Korea lays to rest top North Korean defector

South Korea held a funeral Thursday for a high-profile North Korean defector who once tutored autocratic leader Kim Jong Il, praising his efforts to resolve rights abuses in his communist homeland. Hwang Jang-yop, a key architect of North Korea's state ... (Source: AP - msnbc.com 2010-10-14T08:22:54Z)

North Dakota cattle take flight in Kazakhstan deal

Truck by truck, pen by pen, the Fargo Jet Center welcomed – and wrangled – its newest set of passengers onto a waiting jumbo jet Tuesday morning. Somebody call Samuel L. Jackson: We've got cows on a plane. The soon-to-be-airborne cattle were the ... (Source: AG Week 2010-10-13T21:02:52Z)

Work on Watts Bar lock affects boaters, Vol Navy

For the next four weeks, boaters will have trouble getting around the Tennessee River near Meigs and Rhea Counties. That's because the Watts Bar Dam will be closed for the next four weeks due to work on the locks. "The Army Corp of Engineers will be doing ... (Source: WBIR 2010-10-13T22:07:17Z)

Kaiser Aluminum to buy Alexco assets for $90M

FOOTHILL RANCH, Calif. - Kaiser Aluminum Corp. said Wednesday it bought the assets of aerospace industry supplier Alexco LLC for $90 million. Kaiser said it will pay for the acquisition with cash on hand and expects the deal to close in December. The ... (Source: CNBC 2010-10-13T20:34:14Z)

L.A. stadium developers seeking World Cup games

Los Angeles — Developers of a new NFL stadium on a hilly strip of land east of Los Angeles are sketching out plans for a second high-profile use for the venue: World Cup soccer. Architects for Majestic Realty Co. said Monday they were tweaking the design ... (Source: Detroit News 2010-10-12T18:19:25Z)

Vols lack sacks

KNOXVILLE — The vaunted Alabama defense, one of the most feared groups in college football over the past few years, has one game to get on Tennessee's level. In terms of sacks. There aren't many other areas where the Vols are better than the Crimson Tide ... (Source: Daily News Journal 2010-10-13T19:08:20Z)

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