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Deals of the Hour / October 20, 2010, 1:40 am

Pfizer, Biocon In Potential $350 Million Insulin Licensing Deal

Pfizer Inc. ( PFE ) and Asian biotechnology company Biocon Ltd. (532523.BY) have agreed to a licensing deal in which Pfizer could pay $350 million for the rights to commercialize Biocon's diabetes-treatment products. The deal is the latest in which a U.S ... (Source: FOXBusiness 2010-10-18T11:52:54Z)

Suicide attackers kill 6 at Chechen parliament

GROZNY, Russia - Islamic insurgents attacked Chechnya's parliament Tuesday in a brazen suicide raid that left six people dead and 17 wounded, defying Kremlin claims of stability in the volatile southern region. In a clear challenge to Moscow, the raid ... (Source: Philadelphia Daily News 2010-10-20T07:04:12Z)

Gunmen, suicide bomber kill 3 in attack on Chechen Parliament

MOSCOW — Heavily armed gunmen burst into the Parliament building of Chechnya, in southern Russia, on Tuesday morning, killing at least three people and wounding more than a dozen before the assailants were killed by police officers or by their own ... (Source: Denver Post 2010-10-20T06:57:03Z)

India heaves sigh of relief as controversial Commonweatlh Games end without major hitch

NEW DELHI - The most controversial Commonwealth Games in history — marked by oppressive security and low spectator turnout — came to a close Thursday without any major glitches as India celebrated the finale with an extravagant cultural show. Indian ... (Source: Minneapolis Star Tribune 2010-10-15T08:28:52Z)

Northeast Utilities and Nstar to create New England's biggest utility with $4.17 billion deal

NEW YORK (AP) — Northeast Utilities will buy Nstar for $4.17 billion, forming the biggest New England utility company with 3.5 million electric and gas customers in three states. The companies and industry analysts expect some of the savings from the ... (Source: Chicago Tribune 2010-10-18T19:31:02Z)

JetBlue Flight Attendant Steven Slater Avoids Jail

Steven Slater , the JetBlue flight attendant and self-professed "bag Nazi" who made a dramatic emergency slide exit from a JetBlue plane in August, pleaded guilty today to criminal mischief charges as part of a deal to avoid jail time. Appearing in Queens ... (Source: ABC News 2010-10-19T17:21:00Z)

Man United manager Alex Ferguson says Wayne Rooney wants to leave the club

MANCHESTER, England - Manchester United manager Alex Ferguson has confirmed that Wayne Rooney wants to leave the Premier League club. Ferguson says "we have had a discussion about the whole situation. The player says he is adamant he wants to leave ... (Source: Minneapolis Star Tribune 2010-10-19T13:46:15Z)

Operation Anger-Rage: Fallout: New Vegas DLC Goes Xbox 360-Exclusive

Our torrid love affair with Fallout 3 and its DLC is a matter of public record , so this is exactly the type of news we were never hoping to hear. Unfortunately, Bethesda appears to have taken our previous statement literally, so it's elected to hold off ... (Source: Maximum PC 2010-10-20T07:47:09Z)

Fallout: New Vegas Getting DLC Treatment

Bethesda announced today that Fallout: New Vegas will be getting DLC after launch, with the first release hitting the Xbox 360 first this holiday season. Here's what marketing guru Pete Hines had to say about the news: "We're excited to continue the ... (Source: Ve3d.com 2010-10-18T17:50:49Z)

Controversial Commonwealth Games End In New Delhi

The Commonwealth Games that nearly didn't begin have finished with the kind of flourish that was entirely expected in India. There were many reasons the New Delhi Commonwealth Games were under threat. Construction delays meant most venues weren't ready for ... (Source: NPR News 2010-10-15T15:09:44Z)

MANCHESTER CITY MOVE IN FOR WAYNE ROONEY

MANCHESTER CITY plan to offer Wayne Rooney an astonishing £26m a year to clinch one of the most stunning transfers in English football history. City have emerged as shockcontenders to sign the disgruntled Manchester United star – but they must fend of ... (Source: Daily Star 2010-10-20T05:52:37Z)

Deal helps 4 accused in RNC disruptions avoid jail

Four men arrested for plotting to disrupt the 2008 Republican National Convention are avoiding jail under plea deals reached with prosecutors in Minnesota. The deals accepted by a judge Tuesday also resolve the last of the major criminal cases stemming ... (Source: San Francisco Gate 2010-10-20T08:08:38Z)

UPDATE 2-Pfizer to sell insulins through Biocon deal

NEW YORK/BANGALORE, Oct 18 (Reuters) - Pfizer Inc ( PFE.N ) will sell insulin made by India's Biocon Ltd ( BION.BO ) in a deal that deepens the world's largest drugmaker's push into biosimilar medicines and diabetes. Pfizer will pay Biocon $200 million up ... (Source: Reuters 2010-10-18T15:56:17Z)

Four accused in 2008 RNC disruptions avoid jail

ST. PAUL — Four men arrested for plotting to disrupt the 2008 Republican National Convention reached plea deals Tuesday that will keep them out of jail, resolving the last of the major criminal cases stemming from hundreds of arrests surrounding the four ... (Source: La Crosse Tribune 2010-10-20T03:50:56Z)

Ferguson: Rooney wants to leave Man United

MANCHESTER, England—Manchester United manager Alex Ferguson has confirmed that Wayne Rooney wants to leave the Premier League club. Ferguson says "we have had a discussion about the whole situation. The player says he is adamant he wants to leave ... (Source: San Jose Mercury News 2010-10-19T13:46:15Z)

Former JetBlue flight attendant pleads guilty, will get counseling

NEW YORK — A New York man whose memorable exit from his flight-attendant job made him a working-class hero pleaded guilty Tuesday to criminal mischief and agreed to undergo counseling. "While the public interest was surprising, at the end of the day, I ... (Source: Denver Post 2010-10-20T06:57:03Z)

EU nations reach deal on tighter hedge fund rules

LUXEMBOURG -- European finance ministers on Tuesday reached a deal on tighter regulation of hedge funds, the latest step in the European Union's effort to increase the stability of its financial system in the wake of the credit crisis. The deal, for the ... (Source: Forbes 2010-10-19T20:12:48Z)

Pfizer announces deal on insulin

NEW YORK — Pfizer Inc. said Monday it agreed to pay an initial $200 million to the Indian biotechnology company Biocon Ltd. for the right to sell several of its insulin products used in the treatment of diabetes. The world's biggest drugmaker by revenue ... (Source: Courier-Post 2010-10-19T15:55:06Z)

UPDATE 3-NetSpend shares rise in debut after Meta issue

NEW YORK, Oct 19 (Reuters) - Shares of prepaid debit card company NetSpend Inc ( NTSP.O ) rose in their stock market debut after a U.S. regulatory action against its main bank partner had raised doubts the company would even move ahead with its offering ... (Source: Reuters 2010-10-19T22:28:48Z)

Islamic militants attack parliament in Chechnya, leaving 6 dead, 17 wounded in brazen raid

GROZNY, Russia (AP) — Islamic insurgents attacked Chechnya's parliament Tuesday in a brazen suicide raid that left six people dead and 17 wounded, defying Kremlin claims of stability in the volatile southern region. In a clear challenge to Moscow , the ... (Source: Fort Lauderdale Sun-Sentinel 2010-10-20T08:08:38Z)

JetBlue 'I'm Outta Here' Guy Avoids Jail

The JetBlue Airways Corp. flight attendant whose job-quitting meltdown landed him in court avoided jail time in a plea deal Tuesday that requires him to undergo counseling and treatment for a least a year. Steven Slater spoke politely and calmly as he ... (Source: NPR News 2010-10-19T19:44:10Z)

Summary Box: EU nations reach deal on hedge funds

HEDGE FUNDS REINED IN: European finance ministers on Tuesday agreed to tighten regulation of hedge funds. The agreements sets out requirements for risk management and transparency about who runs the funds. BORDER CROSSING: The agreement introduces a ... (Source: AP - msnbc.com 2010-10-19T18:39:44Z)

India opposition: Parliament should probe games

India's main opposition party demanded a parliamentary investigation on Tuesday into the country's Commonwealth Games, which were marred by allegations of corruption, construction delays and cost overruns that deeply embarrassed the rising superpower ... (Source: AP - msnbc.com 2010-10-19T11:08:46Z)

NetSpend Up 20% Post-IPO; Deal Was Delayed On Bank Issues

Prepaid debit card company NetSpend Holdings Inc.'s (NTSP) IPO delivered strong early trading gains Tuesday, a week after the company was rocked by news that its primary issuing bank faced regulatory issues. The company's stock opened at $11.20 a share on ... (Source: Wall Street Journal 2010-10-19T15:19:19Z)

4 accused in 2008 St. Paul RNC disruptions avoid jail

Four men arrested for plotting to disrupt the 2008 Republican National Convention reached plea deals today that will keep them out of jail, resolving the last of the major criminal cases stemming from hundreds of arrests surrounding the four-day event. ST ... (Source: Grand Forks Herald 2010-10-20T02:25:02Z)

EU ministers near deal on hedge funds

EU officials say they are near an agreement on new regulations for hedge funds. Governments have been wrestling for months over a so-called European passport for the freewheeling funds, which cater to rich and institutional investors. The passport would ... (Source: AP - msnbc.com 2010-10-19T10:04:21Z)

NetSpend Advances After Raising $204 Million in IPO

(Updates with closing prices throughout.) Oct. 19 (Bloomberg) -- NetSpend Holdings Inc., the provider of reloadable prepaid debit cards that delayed its initial public offering last week, advanced 18 percent in its first day of trading after raising $204 ... (Source: BusinessWeek 2010-10-19T20:27:07Z)

Northeast Utilities to buy Nstar in $4.17B deal

BOSTON  -- Northeast Utilities will buy New England energy company Nstar in a stock-for-stock deal valued at $4.17 billion, forming one of the biggest utility companies in the country. The combined company, will own six regulated gas and electric ... (Source: msnbc.com 2010-10-18T13:40:17Z)

Northeast Utilities to buy Nstar in $4.17 bln deal as it ramps up projects tied to renewables

Northeast Utilities will buy Nstar for $4.17 billion, forming one of the nation's biggest utility companies with 3.5 million electric and gas customers in three New England states. The acquisition should help Northeast pay for large transmission projects ... (Source: Los Angeles Times 2010-10-18T14:37:33Z)

Fallout: New Vegas DLC Arrives Exclusively to Xbox 360 This Holiday

Fallout: New Vegas , the latest installment in the popular post-apocalyptic role playing game franchise, will see its first piece of downloadable content arrive exclusively for the Xbox 360 this holiday season. It seems that Bethesda , the game's publisher ... (Source: Softpedia 2010-10-19T07:26:52Z)

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