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Deals of the Hour / October 14, 2010, 4:40 pm

APNewsBreak: CVS Pharmacy to pay $75 million civil fine for problem in sale of meth ingredient

LOS ANGELES (AP) — CVS Pharmacy Inc. has agreed to pay $75 million in fines for allowing repeated purchases of a key ingredient in the making of methamphetamine in at least five states that also led to a spike in Southern California drug trafficking ... (Source: Chicago Tribune 2010-10-14T19:28:37Z)

GM, partners to install 5,300 vehicle charging stations across Michigan

General Motors Co. and its partners plan to install more than 5,300 home and workplace charging stations across the state as it prepares for the introduction of electric vehicle technology. GM Vice Chairman Tom Stephens told reporters the expansion of the ... (Source: The Oakland Press 2010-10-14T09:20:10Z)

Keynote Speaker Announced for RedChip Small-Cap Investor Conference at Financial Fest 2010

ORLANDO, Fla., Oct. 13, 2010 (GLOBE NEWSWIRE) -- RedChip Companies, Inc. today announced that Allan Watson, Executive Director and founding member of trading information and services provider NYC Trading Floor, will deliver the keynote lunch presentation ... (Source: msnbc.com 2010-10-13T19:15:29Z)

New offer, no agreement over Israel settlements

The Palestinians swiftly rejected an offer Monday by Israeli Prime Minister Benjamin Netanyahu to renew a freeze on West Bank settlement construction in exchange for recognizing Israel as a Jewish nation-state. "If the Palestinian leadership will say ... (Source: msnbc.com 2010-10-11T18:27:45Z)

Latest Mississippi News, Sports, Business And Entertainment:,

OXFORD, Miss. (AP) North Mississippi congressional candidates are exchanging barbs about how loyal they'd be to their own party's leadership on Capitol Hill. Democratic incumbent Travis Childers says he's been an independent voice since being elected just ... (Source: WNCT 2010-10-13T21:31:30Z)

London court rules against American owners in fight over sale of Liverpool

LONDON - A British judge has granted an injunction against Liverpool owners that could clear the way for the club's sale to the parent company of the Boston Red Sox. High Court Judge Christopher Floyd issued an order Thursday against the legal action taken ... (Source: Minneapolis Star Tribune 2010-10-14T23:17:41Z)

Wal-Mart sees U.S. sales improving in fourth quarter

Wal-Mart Stores Inc should see improvement in sales at its U.S. discount stores in the fourth quarter as the company returns items to shelves and focuses anew on low prices, the company's chief executive said. "I expect to see positive sales results in ... (Source: msnbc.com 2010-10-13T15:40:44Z)

Standard Chartered Plans 3.3 Billion-Pound Share Sale

(Adds Deutsche Bank rights offering in third paragraph.) Oct. 13 (Bloomberg) -- Standard Chartered Plc plans to raise about 3.3 billion pounds ($5.2 billion) in a rights offer, as banking regulators debate whether to force large lenders to hold more ... (Source: BusinessWeek 2010-10-13T06:22:24Z)

New firm seeks out old oil fields

Private equity giant TPG is backing a new Houston-based company buying existing onshore oil fields that others are looking to unload as they focus on shale gas investments. The new company, Petro Harvester, will be led by Gareth Roberts, the founder and ... (Source: Houston Chronicle 2010-10-14T03:36:34Z)

New GM stock for sale to workers

W ith General Motors outlining how more than 600,000 workers, retirees and dealers can buy new GM stock -- and announcing plans Tuesday to help expand a network of charging stations to support its new Chevrolet Volt and future electric cars -- the pace of ... (Source: Boston Herald 2010-10-14T14:13:39Z)

Wal-Mart Sees 'Positive' Fourth-Quarter U.S. Sales

(Updates with capital expenditure forecast in seventh paragraph.) Oct. 13 (Bloomberg) -- Wal-Mart Stores Inc. Chief Executive Officer Mike Duke said he expects "positive" fourth-quarter sales at U.S. stores open at least a year, which have declined for ... (Source: BusinessWeek 2010-10-13T20:48:33Z)

Apple iPad and iPhone expand to Walmart, Target, Verizon stores, no deals on devices but shop ...

Apple iPads and iPhones are expanding their reach as a growing number of retailers are announcing they will be hawking the devices at their stores, including Walmart, Target, AT&T and Verizon stores. Cost: For the most part, don't expect better prices on ... (Source: Sun-Sentinel (blog) 2010-10-14T15:32:24Z)

Own a piece of Olympic history: Whistler Blackcomb ski resort to go public

The sale of Whistler Blackcomb ski resort has been rumored for months now, but today the details of the transaction were made more clear; Whistler Blackcomb Holdings Inc., owner of the Canadian ski resort that hosted the 2010 Winter Olympic Games, will ... (Source: Ski Channel 2010-10-14T00:08:59Z)

CVS hit with record $77 million fine for not regulating meth ingredient

The nation's largest drugstore chain agreed to pay a record fine for selling a chemical used to make methamphetamine that resulted in a dramatic increase in Southland meth sales, federal prosecutors announced today. In the largest-ever civil penalty under ... (Source: San Jose Mercury News 2010-10-14T19:50:06Z)

UPDATE 2-Verizon to sell Apple's iPad

SAN FRANCISCO, Oct 14 (Reuters) - Apple Inc ( AAPL.O ) is turning to Verizon Wireless to help sell the iPad in time for the holidays, loosening its cozy ties with AT&T Inc ( T.N ). The surprise move disrupts the relationship between Apple and AT&T Inc ... (Source: Reuters 2010-10-14T21:51:47Z)

AOL, buyout firms mulling bid for embattled Yahoo

SAN FRANCISCO: Yahoo Inc.'s inability to snap out of a financial funk may be about to turn the embattled internet company into a takeover target for the second time in less than three years. That possibility, floated in a story posted online late ... (Source: Lebanon Daily Star 2010-10-14T20:54:31Z)

AOL, Private-Equity Firms Explore Offer to Buy Yahoo

(The Wall Street Journal) - AOL Inc. and several private-equity firms are exploring making an offer to buy Yahoo Inc., according to people familiar with the matter, devising a bold plan to marry two big internet brands facing steep challenges, The Wall ... (Source: My Fox Boston 2010-10-14T12:47:45Z)

Apple's iPad to go on sale at 4,200 Verizon and AT&T stores

Both Verizon Wireless and its mobile über-rival AT&T announced Thursday that the companies' chains of thousands of U.S. retail stores would be carrying Apple's iPad starting on Oct. 28, in time for the holiday buying season. The simultaneous announcements ... (Source: Los Angeles Times 2010-10-14T20:54:31Z)

Business of Plugging In 2010: GM has 100+ plug-in vehicle chargers installed around Michigan ...

To kick off the 2010 Business of Plugging In expo in style, General Motors announced a big push for electric vehicle chargers that will help give the 2011 Chevrolet Volt models plenty of electric juice as they sit in parking spots around Michigan ... (Source: autoblog 2010-10-14T10:10:16Z)

Whistler Blackcomb Plans $299M IPO

Whistler Blackcomb Holdings is planning an initial public offering (IPO) to raise about $299 million, Bloomberg reports. CIBC World Markets , RBC Dominion Securities and eight other investment banks are managing the sale. The banks also have the option to ... (Source: Emii.com 2010-10-14T08:37:13Z)

Comstock Resources, Inc. Announces Sale of Non-Core Mississippi Properties

FRISCO, Texas, Oct. 12 /PRNewswire/ -- Comstock Resources, Inc. ("Comstock") (NYSE: CRK) announced that it has entered into an agreement to sell its oil and gas properties located in Mississippi to a privately held company. Comstock expects to receive $75 ... (Source: Forbes 2010-10-12T19:02:22Z)

Liverpool deal rumbles on as BoSox owners lose court case

LONDON (Reuters) - Liverpool's ownership battle rumbled on Thursday as the High Court ruled against Tom Hicks and George Gillett, only for the American pair to demand the club's chairman be jailed for contempt of court. A High Court ruling on Wednesday had ... (Source: Reuters 2010-10-14T22:13:16Z)

Report: AOL, buyout firms mulling bid for Yahoo

Yahoo Inc.'s inability to snap out of a financial funk may be about to turn the embattled Internet company into a takeover target for the second time in less than three years. That possibility, floated in a story posted online late Wednesday by The Wall ... (Source: AP - msnbc.com 2010-10-14T17:48:24Z)

Whistler ski resort to go public

North America's largest ski resort, Whistler Blackcomb, is going public as it capitalizes on exposure from the 2010 Winter Olympics, when it commanded the attention of 3.5 billion viewers around the world. Whistler Blackcomb Holdings Inc, formed to ... (Source: Toronto Star 2010-10-13T20:12:45Z)

London banks volatile after StanChart cash call

Standard Chartered 's confirmation that it is planning a £3.3bn rights issue to help it deal with new capital requirements led to volatility in London-listed banks on Wednesday. The bank's shareholders will be offered one new share for each eight they ... (Source: Financial Times 2010-10-13T16:30:51Z)

UPDATE 2-Wal-Mart sees U.S. sales improving in 4th quarter

CHICAGO, Oct 13 (Reuters) - Wal-Mart Stores Inc ( WMT.N ) should see improvement in sales at its U.S. discount stores in the fourth quarter as the company returns items to shelves and focuses anew on low prices, the company's chief executive said. "I ... (Source: Reuters 2010-10-13T15:19:16Z)

CVS to pay $75M fine for failing to monitor sales of key ingredient for making meth

LOS ANGELES -- CVS Pharmacy Inc. has agreed to pay $75 million in fines for allowing repeated purchases of a key methamphetamine ingredient that led to a spike in Southern California drug trafficking, federal prosecutors said Thursday. It was the largest ... (Source: San Jose Mercury News 2010-10-14T21:44:38Z)

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)

British judge's ruling overrides Dallas restraining order halting sale of Tom Hicks-owned Liverpool ...

LONDON – A British judge has granted an injunction against Liverpool owners that could clear the way for the club's sale to the parent company of the Boston Red Sox. High Court Judge Christopher Floyd issued an order Thursday against the legal action ... (Source: Dallas Morning News 2010-10-14T17:05:27Z)

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)

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