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 21, 2010, 6:39 am

Letters to the Walnut Creek Journal, Oct. 21 -- Election issues

Now that our city employees have joined our police officers and also formed a political action committee, it becomes clear that the real issue at City Hall is not safety but compensation. Those of us in the private sector have been self-funding our ... (Source: Inside Bay Area 2010-10-20T17:19:49Z)

LaSalle Hotel Properties' 3rd-qtr funds from operations tumbles on hefty loss on resort sale

BETHESDA, MD. — LaSalle Hotel Properties said Wednesday its third-quarter funds from operations plummeted more than threefold from a year earlier as the hotel operator absorbed a hefty loss related to selling a resort property. Funds from operations, or ... (Source: Washington Examiner 2010-10-21T00:15:00Z)

Lockheed Martin says 3Q profit fell 28%

MINNEAPOLIS - It's getting harder to make a buck in the planes-and-missiles business. Even as the big defense contractor Lockheed Martin was explaining why its third-quarter profit shrank 28 percent, British Prime Minister David Cameron was laying out ... (Source: Long Beach Press-Telegram 2010-10-19T21:10:04Z)

Chavez, Ahmadinejad Seek 'New World Order'

The leaders of Iran and Venezuela hailed what they called their strong strategic relationship Wednesday, saying they are united in efforts to establish a "new world order" that will eliminate Western dominance over global affairs. Iranian President Mahmoud ... (Source: Voice of America 2010-10-21T13:08:05Z)

US GAS: Futures Rise From 13-Month Lows On Bargain Buying

NEW YORK (Dow Jones)--Natural gas futures rose Tuesday on bargain buying as market participants took the opportunity to buy after prices plunged to 13-month lows. Natural gas for November delivery settled up 8.2 cents, or 2.4%, to $3.513 a million British ... (Source: Wall Street Journal 2010-10-19T19:51:19Z)

Lockheed Martin says 3Q profit fell 28 pct

It's getting harder to make a buck in the planes-and-missiles business. Even as the big defense contractor Lockheed Martin was explaining why its third-quarter profit shrank 28 percent, British Prime Minister David Cameron was laying out sweeping defense ... (Source: AP - msnbc.com 2010-10-19T17:42:28Z)

US to sell $60 billion in advanced weaponry to Saudi Arabia in massive arms sale

WASHINGTON - The Obama administration has notified Congress that it plans to sell up to $60 billion in advanced weaponry to Saudi Arabia, in one of the largest-ever single U.S. arms deals. The State Department and Pentagon informed lawmakers on Wednesday ... (Source: Minneapolis Star Tribune 2010-10-20T18:24:14Z)

Lockheed has profit drop, cuts 2010 earning forecast

Lockheed Martin Corp., the world's largest defense company that has operations in Akron, posted a 28 percent decline in third-quarter profit Tuesday and scaled back its 2010 earnings forecast because of retirement plan costs and the sale of a unit. Net ... (Source: Akron Beacon Journal 2010-10-20T06:28:25Z)

Lockheed reports drop in profit despite sales bump

Despite an increase in sales, Lockheed Martin reported Tuesday that its third-quarter profit fell 28 percent, due in part to the cost of an early-exit program for executives. The Bethesda defense contractor reported earnings of $571 million ($1.57 a share ... (Source: Washington Post 2010-10-20T11:29:04Z)

Lockheed Martin Corp. 3Q Earnings

Lockheed Martin Corp. Tuesday reported that net income declined 28 percent in the third quarter of 2010 compared with the year-ago period as the Bethesda-based defense contractor took charges for the sale of a unit and the costs a voluntary executive ... (Source: Birmingham Business Journal 2010-10-19T12:27:31Z)

iHome's iA100 iPad stereo speaker system now on sale for $199

Took 'em long enough, huh? iHome's iA100 was actually introduced way back in July, and at the time, it was essentially the only iPad-friendly home stereo system on the planet. Now, iHome has a bit of friendly competition out there, but at least it's ... (Source: engadget 2010-10-20T08:37:16Z)

US announces USD 60 billion arms deal with Saudi Arabia

Billed as America's largest-ever arms deal with a foreign country, US on Thursday announced its plans to sell up to USD 60 billion worth of aircraft, helicopters and other weapons to Saudi Arabia apparently aimed at sending a strong message to Iran. The ... (Source: MSN India 2010-10-21T11:20:43Z)

Lockheed Orlando unit wins fighter-jet weapons-targeting deal worth more than $1 billion

Despite an era of tightening defense budgets, Lockheed Martin Corp. 's Orlando missiles unit has won a contract potentially worth more than $1 billion to produce next-generation fighter jet weapons-targeting systems for the U.S. Air Force , company and ... (Source: Orlando Sentinel 2010-10-20T19:42:59Z)

Euro higher as German forecasts stronger growth

LONDON (AFP) – The euro rose against the dollar here on Thursday as Germany said that its economy, the biggest in Europe, would grow far faster than expected in 2010, while sterling slumped on weak retail sales data. The European single currency climbed ... (Source: YAHOO! 2010-10-21T10:59:14Z)

Kirk Gibson to sell items from memorable 1988 World Series

Items owned by Kirk Gibson from one of the most memorable moments in World Series history will soon go on sale. Starting next week, Gibson's bat, uniform, and batting helmet from Game 1 of the 1988 World Series will be put up for auction through the ... (Source: Detroit News 2010-10-19T01:00:19Z)

iHome iA100 iPad Speaker System Now Available For $100

SoftSailor is Giving Away a 32GB iPad and a 32GB iPhone. Click here to grab yours now ! As you already know iHome is a leading supplier and pioneer of innovative iPhone / iPod speaker solutions. The great news is that today announced the availability of ... (Source: Soft Sailor 2010-10-20T15:03:48Z)

LaSalle Hotel Properties Q3 FFO Misses Estimate; Lifts FY10 FFO View - Update

(RTTNews) - Real estate investment trust LaSalle Hotel Properties (LHO: News ) on Wednesday reported a rise in profit for the third quarter, helped primarily by higher revenues. After adjusting for gain on the sale of property, funds from operations ... (Source: RTT News 2010-10-21T00:43:38Z)

Walnut Creek election tension boils over at council meeting

WALNUT CREEK -- The campaign trail led through the City Council chamber Tuesday, and an already heated election for two seats on the council exploded. Speakers representing candidates and interest groups did everything from thank the council for the new ... (Source: San Jose Mercury News 2010-10-20T23:10:34Z)

iHome Shipping the iA100 iPad Bluetooth Docking Station

Bluetooth was a rare commodity at Apple a while ago, but now, just about all of the iDevices offer, to various degrees, access to this technology, and for this reason, iHome, a traditional manufacturer of audio accessories for Apple products , has launched ... (Source: Softpedia 2010-10-20T11:36:13Z)

Israel, U,S. sign $2.75 billion F-35 fighter deal

NEW YORK, Oct 7 (Reuters) - Israel signed a $2.75 billion deal on Thursday with the United States to buy about 20 radar-evading Lockheed Martin Corp ( Symbol : LMT ) F-35 fighter jets, calling it the world's most advanced combat plane. Israel is to receive ... (Source: Inside Fidelity 2010-10-08T00:37:34Z)

Lockheed reports drop in third-quarter profit despite increase in sales

Despite an increase in sales, Lockheed Martin reported Tuesday that its third-quarter profit fell 28 percent, due in part to the cost of an early-exit program for executives. The Bethesda defense contractor reported earnings of $571 million ($1.57 a share ... (Source: Washington Post 2010-10-20T11:36:13Z)

Kirk Gibson's bat for sale, but please don't buy it

Like the dying millionaire who leaves an estate to their cat so the quibbling relatives won't fight over it, Kirk Gibson is selling the bat he used to hit a home run to win the 1988 World Series opener, along with the jersey and helmet from the same play ... (Source: Walletpop.com 2010-10-21T00:22:09Z)

Alleged backroom deals between three Walnut Creek bar owners & one councilman

I think it's safe to say, a few bar owners in Walnut Creek dislike the police. The video above, allegedly taped by an employee of the Vice Ultra Lounge, which was the scene of a very large fight a few weekends ago, shows the Walnut Creek Police driving ... (Source: San Francisco Gate 2010-10-19T09:57:11Z)

Iran, Venezuela urge for new world order

TEHRAN, Oct. 21 (Xinhua) -- Iran and Venezuela urged for new global order whereby changes could be brought about to the world, the official IRNA news agency reported Thursday. During a meeting with his Venezuelan counterpart Hugo Chavez on Wednesday ... (Source: Xinhua News Agency 2010-10-21T12:46:37Z)

US GAS: Futures Rise On Cool-Weather View, Bargain Interest

NEW YORK (Dow Jones)--Natural-gas futures rose Wednesday on bargain buying and speculation that expected cooler temperatures in parts of the U.S. would boost gas-heating demand. Natural gas for November delivery rose 2.6 cents, or 0.7%, to $3.539 a million ... (Source: Wall Street Journal 2010-10-20T19:50:08Z)

Iran signs 11 energy deals with Venezuela

TEHRAN, Oct. 21 (UPI) -- Eleven memorandums of understanding in the energy sector were signed with the Venezuelan government, Tehran announced Thursday. Venezuelan President Hugo Chavez arrived in the Iranian capital early this week to meet with his ... (Source: United Press International 2010-10-21T12:10:49Z)

Israel Seals Unprecedented Weapons Deals With the US [ 70978 ] -

Israel has recently sealed a deal to purchase 20 brand-new F-35 Joint Strike Fighter jets made by US defense and aerospace corporation Lockheed Martin in a contract that, at $2.75 billion, is one of the largest arms purchases ever made by the state. The ... (Source: Uruk Net 2010-10-21T05:58:36Z)

Obama Seeks Congressional OK For Weapons Sale

The Obama administration has notified Congress that it plans to sell $60 billion in fighter jets, helicopters and other advanced weaponry to Saudi Arabia. The deal is part of the U.S. effort to build up allies in the Persian Gulf to counter Iran. (Source: NPR News 2010-10-21T10:30:36Z)

Kirk Gibson to auction THE bat

PHOENIX -- The image is among the most famous in baseball history: the injured Kirk Gibson barely able to walk to the plate in the ninth inning of Game 1 of the 1988 World Series, then somehow mustering the strength to hit one over the fence to give the ... (Source: CBS Sports 2010-10-20T15:39:36Z)

LaSalle Hotel Properties Q3 Profit Declines; Lifts FY10 FFO View - Quick Facts

(RTTNews) - Bethesda, Maryland-based LaSalle Hotel Properties (LHO: News ) posted third quarter net income to common shareholders of $10.1 million or $0.14 per share, compared to $3.4 million or $0.05 per share in the prior year quarter. For the third ... (Source: RTT News 2010-10-20T20:54:34Z)

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