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 2, 2010, 8:42 am

Mrs Lee Kuan Yew Dies - Wife of Singapore Minister Mentor Passes Away at 89

Mrs Lee Kuan Yew, aka Madam Kwa Geok Choo has died. The wife of Singapore Minister Mentor Lee Kuan Yew, passed away peacefully at home Saturday. Mrs. Lee Kuan Yew was 89. A statement of the death of Mrs Lee Kuan Yew was released that detailed the funeral ... (Source: Gather.com 2010-10-02T14:20:44Z)

New Pacific Metals Announces Final Take Up Figures for Shares and Payment for Debt of ...

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 09/30/10) - New Pacific Metals Corp. (TSX-V: NUX - News ) ("New Pacific"), announces that, pursuant to its recently expired take-over bid (the "Share Offer") for all of the outstanding common shares ("Tagish ... (Source: Yahoo Finance 2010-09-30T12:28:34Z)

HP Recommends Rejection of Below-market Mini-tender Offer for HP Shares by TRC Capital Corporation

PALO ALTO, Calif.--(Business Wire)-- HP (NYSE: HPQ) today announced it has received notice of an unsolicited "mini-tender offer" by TRC Capital Corporation to purchase from HP stockholders up to 3 million shares of HP common stock, representing ... (Source: Reuters 2010-09-24T23:55:43Z)

Wife of Singapore's Lee Kuan Yew dies at 89

The wife of Singapore's founding father, Lee Kuan Yew, and mother of the city-state's current prime minister died Saturday at the age of 89, a government press statement said. "Mrs Lee Kuan Yew, age 89, passed away peacefully at home today at 5.40 pm," the ... (Source: Raw Story 2010-10-02T12:47:40Z)

Dollar Thrifty shareholders reject Hertz deal; Avis offer could still be in play

THE VOTE: Dollar Thrifty shareholders rejected a buyout offer from Hertz, with 11.8 million votes for the deal and 13.8 million against. THE OFFERS: Hertz was offering $43.60 in cash and 0.6366 shares of common stock of Hertz, for each share of Dollar ... (Source: Los Angeles Times 2010-09-30T20:42:29Z)

Zune Gets Global Availability Ahead of Windows Phone 7 Launch

Windows Phone 7, the next generation mobile operating system Redmond-based software giant Microsoft is set to bring to the market as soon as next month, should offer support for some appealing services, including the popular Zune, which has just landed in ... (Source: Softpedia 2010-09-21T09:25:58Z)

Law may undermine McDonald's insurance

INDIANAPOLIS The new federal health care law could hinder McDonald's from continuing to offer limited insurance coverage to low-wage workers, though the company on Thursday denied a Wall Street Journal report that it's considering dropping health care ... (Source: Orange County Register 2010-09-30T23:55:46Z)

KCS Announces Third Quarter 2010 Earnings Release and Conference Call Time

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Kansas City Southern (KCS) (NYSE: KSU - News ) will release its financial results for third quarter 2010 on Tuesday October 26, 2010, before the opening of trading on the New York Stock Exchange. KCS will also hold its ... (Source: Yahoo Finance 2010-10-01T12:27:23Z)

AT&T to Introduce New GoPhone Plans Beginning October 3 New Plans Offer Flexibility for AT ...

DALLAS, Sept 30, 2010 /PRNewswire via COMTEX/ -- Key Facts AT&T* announced today it will offer new GoPhone(R) prepaid calling options on October 3 The Unlimited Daily Talk and Text plan is now available for just two dollars per day -customers pay only on ... (Source: CNBC 2010-09-30T13:54:28Z)

Microsoft to offer three-screen services

Microsoft is to join Sony and Apple in offering a "three-screen" music and movie service, bringing together its games console, PCs and mobile phones. On each, consumers will be able to buy and rent movies, download tracks as MP3s or access an ... (Source: Financial Times 2010-09-20T23:24:40Z)

Mrs Lee Kuan Yew has passed away

For more photos, click here . Mrs Lee Kuan Yew, wife of Singapore's Minister Mentor Lee Kuan Yew and mother of Prime Minister Lee Hsien Loong, died on Saturday at 5.40 pm, said the Prime Minister's Office in a statement. She was 89 years old. Mrs Lee ... (Source: AsiaOne 2010-10-02T15:25:09Z)

AIG reaches agreement to repay government

NEW YORK - AIG, which became a lightning rod for criticism over government bailouts, said Thursday that it had reached a deal to repay billions of dollars in federal money it received during the credit crisis. The plan could return a profit to taxpayers ... (Source: Philadelphia Daily News 2010-10-01T07:12:25Z)

Pacific Imperial Mines Announces Sale of Goldchina

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2010) - PACIFIC IMPERIAL MINES INC. (TSX VENTURE:PPM.H) ("The Company") announces that it has entered into an agreement dated as of August 20, 2010 with Yunnan Nonferrous Metals Resources Group Ltd ... (Source: Market Wire 2010-09-27T16:49:49Z)

New Pacific Metals Announces Expiry of Bid and Take Up of Additional Shares of Tagish Lake Gold

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/28/10 -- New Pacific Metals Corp. (TSX VENTURE: NUX) ("New Pacific"), announces that the take-over bid for all of the outstanding common shares ("Tagish Shares") and the offer to purchase all of the secured ... (Source: PR Inside 2010-09-28T12:09:28Z)

The Principal Financial Group to Exit Medical Insurance Business

BusinessWire - Principal Financial Group, Inc. (NYSE: PFG) today announced the company will exit the medical insurance business (insured and self-insured) and has entered into an agreement with UnitedHealthcare, a UnitedHealth Group Company (NYSE: UNH), to ... (Source: Forbes 2010-09-30T13:40:09Z)

Meg Whitman faces uproar over illegal immigrant maid in bid for California governor

SANTA MONICA, Calif. - Meg Whitman's campaign for governor was thrown into turmoil Thursday as the Republican sought to fend off new evidence that she knowingly had an illegal immigrant housekeeper on her payroll for nearly a decade. Whitman denounced the ... (Source: Minneapolis Star Tribune 2010-10-01T05:32:12Z)

Dollar Thrifty rebuffs Avis again, backs Hertz offer

Dollar Thrifty Automotive Group rejected Avis Budget Group's CAR.N revised offer again saying it was not sure if Avis could close the deal and urged shareholders to vote for the lower Hertz Global Holdings offer. "Avis Budget has not demonstrated to our ... (Source: Chicago Tribune 2010-09-27T14:55:18Z)

Meg Whitman Gets Lie-Detector Offer From Journalist

In one of the highlights of California Republican gubernatorial nominee Meg Whitman's Thursday news conference, she said she'd consent to a lie detector test to show she's telling the truth when she says she didn't know before June 2009 that her ex ... (Source: NPR News 2010-10-01T22:00:03Z)

Workers vote 457-96 to reject pay cuts sought by company wanting to buy Indianapolis GM plant

INDIANAPOLIS (AP) — The potential buyer for a General Motors stamping plant in Indianapolis has dropped its bid after workers overwhelmingly rejected pay cuts it sought. The 457-96 vote against the concessions also was a repudiation of a deal national ... (Source: Los Angeles Times 2010-09-28T18:00:13Z)

Business Highlights

___ AIG reaches deal to repay government NEW YORK (AP) — AIG, which became a lightning rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could ... (Source: AP - msnbc.com 2010-09-30T22:15:33Z)

VW's 200-Model Empire Competes With Itself as Ford, GM Shrink

Sept. 30 (Bloomberg) -- Volkswagen AG's goal to surpass Toyota Motor Corp. in sales and profitability by turning out more models and building cars on shared underbodies is stoking unwanted competition among its own brands. VW's strategy allows Europe ... (Source: BusinessWeek 2010-09-29T22:16:44Z)

AIG bailout turns profit

N EW YORK - AIG, which became a lightning rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis. The plan announced yesterday could return a profit to taxpayers who footed the ... (Source: Boston Herald 2010-10-01T04:13:28Z)

SAIC May Invest in General Motors' Share Sale, Chairman Says

Sept. 21 (Bloomberg) -- SAIC Motor Corp. said it may invest in the initial public offering of partner General Motors Co., cementing ties between the biggest U.S. and Chinese automakers. China's largest carmaker will consider investing in GM if "conditi ... (Source: BusinessWeek 2010-09-21T03:49:32Z)

AIG, U.S. Agree on an Exit Deal; Making It Work Will Be Tougher

The U.S. government will sell off its stake in American International Group Inc., under a plan that could end the controversial bailout sooner than many thought but that remains fraught with risk. Analysts cautioned that executing the plan, which will ... (Source: Wall Street Journal 2010-10-01T02:26:05Z)

AT&T to Offer Unlimited Daily Talk and Text for $2 Per Day for GoPhone Users

ATT announced today it will offer new GoPhone prepaid calling options on October 3. The new options include the Unlimited Daily Talk and Text plan which is now available for just two dollars per day and customers pay only on the days the phone is used, an ... (Source: MobileTechReview 2010-10-01T14:57:42Z)

Meg Whitman looks to regain momentum in second debate

F RESNO, Calif. — Republican gubernatorial candidate Meg Whitman had hoped Saturday's debate in the heart of California's Central Valley would showcase her economic credentials and help siphon the support of independent and Hispanic votes away from ... (Source: Boston Herald 2010-10-02T11:57:34Z)

Dollar Thrifty shareholders reject Hertz deal, means Avis offer still a possibility

CHICAGO (AP) — Dollar Thrifty Automotive Group shareholders have rejected a buyout offer from Hertz, giving an opening for rival bidder Avis Budget Group's offer for the car rental company. Hertz Global Holdings Inc. shares fell $1.12, or 9.7 percent, to ... (Source: Los Angeles Times 2010-09-30T19:38:04Z)

Health care law may threaten low-wage plans | It may be hard for employers to offer limited ...

INDIANAPOLIS — The new health care law could make it difficult for companies such as McDonald's to continue offering limited insurance coverage to their low-wage workers. The world's largest hamburger chain provides its hourly workers with low-cost ... (Source: Register-Guard 2010-10-01T06:15:09Z)

Zune HD gets Live Messenger, new games

Microsoft overnight gave the Zune HD its first significant app catalog update in months and headlined it with Windows Live Messenger. The app is the Zune's first instant messaging app and supports most of the same features, up to Facebook chat as well as ... (Source: Electronista 2010-10-01T22:00:03Z)

AT&T introduces new GoPhone plans

Oct 01, 2010 (M2 EQUITYBITES via COMTEX) -- US communications holding company AT&T (NYSE:T) said on Thursday that it will offer new GoPhone prepaid calling options on 3 October 2010. AT&T will offer an Unlimited Daily Talk and Text plan for just USD2.00 ... (Source: TMCnet 2010-10-01T13:17:29Z)

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