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 20, 2010, 8:39 am

2010 FinTech Top 25 Enterprise Technology Vendors Announced by American Banker, Bank ...

NEW YORK - (Business Wire) American Banker and Bank Technology News , banking publications published by SourceMedia, and IDC Financial Insights, an independent research services firm, today released the 2010 FinTech Top 25 enterprise technology vendor ... (Source: Earthtimes 2010-10-20T13:16:26Z)

Critical Mass cyclists report $1 million deal with New York City

NEW YORK -- Bicyclists who were arrested or ticketed in Critical Mass rides in New York say they have settled with the city for nearly $1 million. The 83 plaintiffs were among hundreds cited in the rides between 2004 and 2006. The rides are held regularly ... (Source: San Jose Mercury News 2010-10-19T13:03:18Z)

Harrah's eyes $575 mln stock sale in IPO

NEW YORK Oct 18 (Reuters) - Harrah's Entertainment Inc said in a regulatory filing on Monday that it plans to sell as much as $575 million of stock in an initial public offering in addition to the expected sale of shares held by hedge-fund manager Paulson ... (Source: Reuters 2010-10-18T22:15:41Z)

Shots hit Pentagon; temporary lockdown

WASHINGTON ? Someone fired shots at the Pentagon early Tuesday, hitting the building and causing minor damage, defense officials said. Police who protect the massive Defense Department headquarters temporarily locked down some road and pedestrian entrances ... (Source: msnbc.com 2010-10-19T16:45:13Z)

NII Holdings falls on concern over Mexican deal

Reston-based NII Holdings Inc. fell as much as 17 percent in Thursday Nasdaq trading on concerns a $1.4 billion investment in its Mexican division by Mexico's biggest broadcaster may be in jeopardy. Newspaper El Universal reported Grupo Televisa SA will ... (Source: Birmingham Business Journal 2010-10-15T19:13:07Z)

British court rules in favor of prenup deal

LONDON — Britain 's Supreme Court Wednesday ruled in favor of a German heiress seeking to protect her considerable fortune from her ex-husband — a decision that gives new strength to prenuptial agreements in England. The ruling marks a potential ... (Source: USA Today 2010-10-20T15:10:58Z)

Pope names 24 new cardinals

Pope Benedict XVI named 24 new cardinals Wednesday, putting his mark on the body that will elect his successor and giving a boost to Italian hopes to regain the papacy. Among the new cardinals are two Americans and prelates from key posts in Europe, Latin ... (Source: AP - msnbc.com 2010-10-20T13:09:16Z)

UK court rules in favor of heiress on prenup deals

LONDON -- Britain's Supreme Court ruled in favor of a German heiress Wednesday in a divorce case that gives new validity to prenuptial agreements in England. The case hinged on whether an agreement signed by Katrin Radmacher, 40, a paper industry heiress ... (Source: Forbes 2010-10-20T10:10:19Z)

Berlusconi, Snubbed in Europe, Seals Deals Elsewhere

(Corrects spelling of Nicolas in first paragraph.) Oct. 19 (Bloomberg) -- When French President Nicolas Sarkozy hosts his Russian and German counterparts for talks on European security today, Europe's second-biggest energy partner with Moscow won't be ... (Source: BusinessWeek 2010-10-19T13:24:47Z)

Critical Mass cyclists report $1 million deal with NYC

NEW YORK — Bicyclists who were arrested or ticketed in Critical Mass rides in New York say they have settled with the city for nearly $1 million. The 83 plaintiffs were among hundreds cited in the rides between 2004 and 2006. The rides are held regularly ... (Source: MyCentralJersey.com 2010-10-19T14:00:34Z)

Talks Fall Apart for Telecom Deal in Mexico

When the American company NII Holdings agreed in February to join forces with the giant media company Grupo Televisa to invest in the wireless communications market in Mexico, the partnership appeared to have the financial and political strength to shake ... (Source: New York Times Blogs 2010-10-19T08:02:39Z)

Costamare Files $226 Million IPO

Top Greek charter container ship owner to repay debt, buy ships Costamare, the Greek charter container ship owner, plans to raise up to $226 million in an initial public offering on the New York Stock Exchange. The family-owned company expects its offering ... (Source: The Journal of Commerce Online 2010-10-20T13:16:26Z)

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)

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)

Katrin Radmacher, Simon Bruce

German heiress Katrin Radmacher, center, listens as her lawyer Simon Bruce talks to the media after leaving the Supreme Court in London where a judgement on her divorce hearing was given, Wednesday, Oct. 20, 2010. The court ruled in favor of the German ... (Source: Charleston Gazette 2010-10-20T15:03:48Z)

Discharged troops try to re-enlist after judge orders military recruiters to accept gays

SAN DIEGO - At least three service members discharged for being gay have begun the process to re-enlist after the Pentagon directed the military to accept openly gay recruits for the first time in the nation's history. The top-level guidance issued to ... (Source: Minneapolis Star Tribune 2010-10-20T13:52:13Z)

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)

NStar in $17.5B merger with Northeast Utilities

Hartford's Northeast Utilities (NYSE: NU) has agreed to take control of Boston-based NStar (NYSE: NST) in a stock-for-stock deal that brings together about $17.5 billion in stock market value and debt from the combined companies. NStar shareholders will ... (Source: Birmingham Business Journal 2010-10-18T12:57:20Z)

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)

DADT Update: Judge Likely To Deny Government On Gay Troops Order; Final Decision Any Moment

RIVERSIDE, Calif. — A federal judge said on Monday that she is learning toward denying a government request to delay her order halting the military from enforcing its ban on openly gay troops. U.S. District Judge Virginia Phillips said she would review ... (Source: msnbc.com 2010-10-20T05:45:28Z)

Deal Profile: Northeast Utilities to Buy NStar

Northeast Utilities has agreed to buy fellow New England utility company NStar for $4.3 billion in stock, creating a dominant utility for the region. NStar's shareholders will get 1.312 shares of Northeast Utilities for each share of NStar, valuing it at ... (Source: Wall Street Journal 2010-10-18T20:28:18Z)

UPDATE 1-Mexico's Televisa may ditch deal with Nextel-media

* Companies were deploying wireless network in Mexico * Report says Televisa wants to focus on TV business (Adds background; Nextel response) MEXICO CITY Oct 14 (Reuters) - Mexican media company Televisa may pull out of a deal with Nextel, the Mexican arm ... (Source: Reuters 2010-10-14T12:54:55Z)

Judge reaffirms ruling allowing gays into military

WASHINGTON — A federal judge formally refused Tuesday to let the Pentagon reinstate its ban on openly gay men and women in the U.S. military while it appeals her decision declaring its "don't ask, don't tell" policy unconstitutional. A day after ... (Source: msnbc.com 2010-10-20T00:44:49Z)

Northeast Utilities to buy NSTAR for $4.2 billion

NEW YORK (Reuters) - Northeast Utilities (NYSE: NU - News ) will buy peer NSTAR (NYSE: NST - News ) in a $4.17 billion all-stock deal to create one of the largest U.S. utilities, the companies said on Monday. The deal calls for the exchange of 1.312 common ... (Source: Yahoo Finance 2010-10-18T13:04:29Z)

Greece's Costamare files for $260 mln IPO

Oct 20 (Reuters) - Costamare Inc filed with U.S. regulators on Wednesday to raise up to $260 million in an initial public offering. The Athens, Greece-based owner of containerships told the U.S Securities and Exchange Commission that it expects its ... (Source: Inside Fidelity 2010-10-20T13:09:16Z)

Northeast Utilities Merges With NSTAR In $17.5 Billion Deal (NU,NST)

10/18/2010-Northeast Utilities ( NYSE:NU ) and NSTAR ( NYSE:NST ) have agreed to a merger of equals valued at approximately $17.5 billion, creating the largest utility firm in New England. According to details of the transaction, Northeast shareholders ... (Source: Comtex Smartrend 2010-10-18T11:52:54Z)

Critical Mass cyclists reach $1M deal with NYC

NEW YORK (AP) - Bicyclists who were arrested or ticketed in Critical Mass rides in New York say they have settled with the city for nearly $1 million. The 83 plaintiffs were among hundreds cited in the rides between 2004 and 2006. The rides are held ... (Source: Charleston Gazette 2010-10-20T03:07:59Z)

Report: Shots hit Pentagon

Someone fired shots at the Pentagon early Tuesday, hitting the building and causing minor damage, U.S. defense officials said. Police who protect the massive Defense Department headquarters temporarily closed some road and pedestrian entrances to the ... (Source: SecurityInfoWatch 2010-10-19T16:45:13Z)

Pentagon shots fired: Temporary lockdown limited; damages found

WASHINGTON -- Someone fired shots at the Pentagon early Tuesday, hitting the building and causing minor damage, defense officials said. Police who protect the massive Defense Department headquarters temporarily locked down some road and pedestrian ... (Source: Washington Post 2010-10-19T19:15:32Z)

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)

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