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 19, 2010, 2:42 pm

New Orleans deals second-round pick to San Antonio for G Curtis Jerrells

NEW ORLEANS (AP) — The New Orleans Hornets have acquired guard Curtis Jerrells from the San Antonio Spurs in exchange for a second-round draft choice. Get The 39 News App For Your iPhone Jerrells is a former Baylor star who went undrafted in 2009 and ... (Source: 39online.com 2010-10-18T16:46:24Z)

Sage Closes First Tranche of Private Placement

TORONTO, ONTARIO -- (Marketwire) -- 10/18/10 -- Sage Gold Inc. (TSX VENTURE: SGX) (the "Company") announces the closing of the first tranche of a non- brokered private placement of 4,027,778 units at Cdn $0.18 per unit, each unit consisting of one (1 ... (Source: Finanz Nachrichten 2010-10-18T22:58:38Z)

GlobeStar Announces Proposed Cdn.$1.65 Per Share Cash Offer by Perilya

TORONTO, ONTARIO--(Marketwire - Oct. 6, 2010) - GlobeStar Mining Corporation ("GlobeStar") (TSX:GMI) today announced that it has entered into a binding agreement (the "Letter Agreement") with Perilya Limited ("Perilya"), pursuant to which Perilya has ... (Source: Market Wire 2010-10-06T23:48:39Z)

IBM beats Street but shares retreat on weak services

By Ritsuko Ando NEW YORK (Reuters) - IBM won fewer technology services deals than expected in the third quarter, sending its shares 3.7 percent lower, although it announced stronger profits and raised its full-year outlook A decline in services and ... (Source: msnbc.com 2010-10-19T04:35:04Z)

Cracks appear in miners' 'pact of silence' 

Most of Chile's 33 rescued miners are honouring a pact of silence about the worst of their ordeal, but one has indicated he would talk if paid and another set the record straight about what didn't happen. Lucrative movie and book deals have been flowing in ... (Source: ONE News 2010-10-18T00:18:33Z)

Council Approves Equal Benefits Ordinance

SAN DIEGO -- Contractors doing business with the city of San Diego must offer workers in a domestic partnership the same benefits given to married employees, under an ordinance approved unanimously Monday by the City Council. The so-called Equal Benefits ... (Source: San Diego Channel 2010-10-18T23:34:25Z)

IBM beats Street; shares retreat on weak services

NEW YORK (Reuters) - IBM won fewer technology services deals than expected in the third quarter, sending its shares 3.7 percent lower, although it announced stronger profits and raised its full-year outlook A decline in services and outsourcing contracts ... (Source: Reuters India 2010-10-19T02:54:51Z)

Hornets acquire guard Jerrells from Spurs, cut 2 from roster

NEW ORLEANS ― The Hornets continued to tinker with their roster Monday, signing guard Curtis Jerrells from the San Antonio Spurs. Terms of the deal were not disclosed and the Hornets did not say what or who they gave up for Jerrells. Additionaly, the ... (Source: WWL-TV 2010-10-18T20:13:59Z)

Accusing Company of Reneging on Deals with WV Landowners

More than 100 northern West Virginia property owners are accusing Range Resources Corp. in a federal lawsuit of cheating them on natural gas leases. More than 100 northern West Virginia property owners are accusing Range Resources Corp. in a federal ... (Source: WHSV 2010-10-18T16:10:36Z)

City Council Passes Equal Rights Ordinance

SAN DIEGO - Contractors doing business with the city of San Diego must offer workers in a domestic partnership the same benefits given to married employees, under an ordinance approved unanimously today by the City Council. The so-called Equal Benefits ... (Source: San Diego 6 2010-10-19T04:27:54Z)

Fed-up flight attendant who became a hero to put-upon workers pleads guilty, is spared jail

Last update: October 19, 2010 - 1:32 PM NEW YORK - The fed-up flight attendant who waved goodbye to his career in a spectacular exit down an emergency chute made a soft landing in court Tuesday. Steven Slater, 38, avoided jail under a plea bargain that ... (Source: Minneapolis Star Tribune 2010-10-19T18:32:35Z)

Fed-up flight attendant pleads guilty, avoids jail

NEW YORK ? The fed-up flight attendant who waved goodbye to his career in a spectacular exit down an emergency chute made a soft landing in court Tuesday. Steven Slater, 38, avoided jail under a plea bargain that requires him to undergo counseling and ... (Source: msnbc.com 2010-10-19T19:15:32Z)

KKR Returns to Australia Market With Perpetual Offer

(Updates with KKR spokesman's comment in 16th paragraph.) Oct. 18 (Bloomberg) -- Kohlberg Kravis Roberts & Co. offered to buy Australian asset manager Perpetual Ltd. for as much as A$1.75 billion ($1.73 billion) to tap expanding wealth in the world's ... (Source: BusinessWeek 2010-10-18T05:54:59Z)

DOJ Sues Michigan Blue Cross Blue Shield Over Pricing Deals

The U.S. Justice Department is suing Blue Cross Blue Shield of Michigan and alleging that it violated antitrust laws by forcing hospitals to charge higher prices to rival insurers. "The civil case appears to have broad implications because many local ... (Source: Kaiser Health News 2010-10-19T15:40:47Z)

Rescued Chilean miners close ordeal with ceremony

COPIAPO, Chile, Oct 17 (Reuters) - Thirteen of Chile's 33 rescued miners returned on Sunday to the mine that nearly became their tomb and thanked God for their freedom in an emotional religious service. The miners, their families and friends attended a ... (Source: Calgary Herald 2010-10-18T08:53:57Z)

Perpetual seeks bid to rival KKR

Oct 19, 2010 (The Australian Financial Review - ABIX via COMTEX) -- Australian wealth manager, Perpetual, is looking for a counter-bidder, following the $A1.75 billion offer from Kohlberg Kravis Roberts. Glenn Woolley, of Intrinsic Investment Management ... (Source: MENAFN 2010-10-19T18:54:03Z)

Grizzlies hold off Hornets

MEMPHIS, Tenn. — Mike Conley scored 19 points, Rudy Gay had 16 and reserve rookie guard Xavier Henry added 15 to help the Memphis Grizzlies remain unbeaten in the preseason with a 96-91 victory over the New Orleans Hornets on Monday night. Henry scored ... (Source: Houma Courier 2010-10-19T16:38:03Z)

Cracks appear in Chile miners' 'pact of silence'

Most of Chile's 33 rescued miners are honoring a pact of silence about the worst of their ordeal, but one indicated on Sunday he would talk if paid and another set the record straight about what didn't happen. Lucrative movie and book deals have been ... (Source: msnbc.com 2010-10-18T14:37:33Z)

Range Resources Faces Lawsuit For Consumer Fraud

WHEELING - More than 100 northern West Virginia property owners believe Range Resources Corp. owes them money for natural gas leases signed in 2008, so they are suing the driller in federal court. Range officials, however, said they had the right to refuse ... (Source: Intelligencer 2010-10-18T16:32:05Z)

Feds accuse Mich. Blue Cross of anticompetitive contracts

The U.S. Justice Department sued Blue Cross Blue Shield of Michigan on Monday, accusing the state's dominant health insurer of driving up prices for consumers with anti-competitive practices. "Let me be clear. We will challenge similar anticompetitive ... (Source: USA Today 2010-10-19T08:02:39Z)

Gov't to offer settlement to American Indian farmers in federal court, case dates to 1999

WASHINGTON - The government is offering American Indian farmers who say they were denied farm loans a $680 million settlement. The two sides agreed on the deal after more than 10 months of negotiations. The government and the Indian plaintiffs met in ... (Source: Minneapolis Star Tribune 2010-10-19T19:22:41Z)

UPDATE 4-IBM beats Street; shares retreat on weak services

NEW YORK, Oct 18 (Reuters) - IBM won fewer technology services deals than expected in the third quarter, sending its shares 3.7 percent lower, although it announced stronger profits and raised its full-year outlook A decline in services and outsourcing ... (Source: Reuters 2010-10-18T23:20:06Z)

MW: GlobeStar Announces Proposed Cdn.$1.65 Per Share Cash Offer by Perilya

Average quality rating by the Stockhouse community. TORONTO, ONTARIO--(Marketwire - Oct. 6, 2010) - GlobeStar Mining Corporation ("GlobeStar") (TSX: GMI.TO ) today announced that it has entered into a binding agreement (the "Letter Agreement") with Perilya ... (Source: Stockhouse 2010-10-07T00:45:55Z)

Property owners sue over canceled gas leases

WHEELING, W.Va. -- More than 100 northern West Virginia property owners are accusing Range Resources Corp. in a federal lawsuit of cheating them on natural gas leases. The lawsuit claims Fort Worth, Texas-based Range reneged on leases offering $3,500 per ... (Source: Herald-Dispatch 2010-10-19T04:06:26Z)

City requires contractors to offer domestic-partner benefits

Monday, October 18, 2010 at 7:29 p.m. San Diego — San Diego has joined a growing list of major cities that require firms that do business with them to provide the same benefits to workers in a domestic partnership as those available to married employees ... (Source: San Diego Union-Tribune 2010-10-19T02:33:22Z)

U.S. files antitrust suit against Michigan Blue Cross Blue Shield

The federal government sued Michigan's largest health insurer Monday, alleging it abused its market clout to inflate health-care costs and impede competition. The government alleged that Blue Cross Blue Shield of Michigan negotiated contracts that ... (Source: Washington Post 2010-10-19T03:52:07Z)

KKR Perpetual Bid May Spark Australian Funds Mergers

(Updates with analyst's comment in fourth paragraph.) Oct. 19 (Bloomberg) -- Kohlberg Kravis Roberts & Co.'s offer of as much as A$1.75 billion ($1.73 billion) for Perpetual Ltd. may spur consolidation among Australian firms overseeing the world's ... (Source: BusinessWeek 2010-10-18T23:27:15Z)

JetBlue attendant in famous meltdown pleads guilty

The fed-up flight attendant who waved goodbye to his career in a spectacular exit down an emergency chute made a soft landing in court Tuesday. Steven Slater, 38, avoided jail under a plea bargain that requires him to undergo counseling and substance-abuse ... (Source: AP - msnbc.com 2010-10-19T18:46:54Z)

Gov't to offer settlement with Indian farmers

Associated Press - October 19, 2010 3:35 PM ET WASHINGTON (AP) - The government is offering American Indian farmers who say they were denied farm loans a $680 million settlement. The two sides agreed on the deal after more than 10 months of negotiations ... (Source: msnbc.com 2010-10-19T19:44:10Z)

Gov't to offer settlement with Indian farmers

Tuesday, Oct. 19, 2010 | 8:59 a.m. A federal judge will consider a government offer to settle with American Indian farmers who say the Agriculture Department discriminated against them for decades. The two sides are meeting in U.S. District Judge Emmet ... (Source: Las Vegas Sun 2010-10-19T16:02:16Z)

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