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Deals of the Hour / October 21, 2010, 6:41 pm

Madison alderman resigns to take PSC job

MADISON — Madison Alderman-at-large Lisa Clingan-Smith has resigned after 17 years in her elected position so she can join the Mississippi Public Service Commission. The Clarion-Ledger reports Clingan-Smith submitted her resignation to Mayor Mary Hawkins ... (Source: Mississippi Business Journal 2010-10-21T12:32:18Z)

Tribe, developer, environmental groups announce major shoreline deal

RICHMOND -- An Indian tribe and the developer of a planned billion-dollar casino resort at Point Molate have reached a deal with local environmental groups that calls for at least $48 million for shoreline land and protections if the casino rises, both ... (Source: San Jose Mercury News 2010-10-20T19:00:02Z)

Madison Alderman Lisa Clingan-Smith resigns to take Miss. Public Service Commission job

MADISON, Miss. (AP) — Madison Alderman-at-large Lisa Clingan-Smith has resigned after 17 years in her elected position. The Clarion-Ledger reports Clingan-Smith submitted her resignation to Mayor Mary Hawkins Butler and the Board of Aldermen on Tuesday ... (Source: WREG 2010-10-21T10:16:17Z)

Maine's gov candidates offer ideas for the economy

Maine's gubernatorial candidates have offered up their ideas on how to ramp up the state's economy. Jobs and the economy were major themes in Wednesday night's televised debate at the Eastland Park Hotel in Portland. Democrat Libby Mitchell says the state ... (Source: AP - msnbc.com 2010-10-21T01:19:25Z)

Pearl has not signed reduced contract

KNOXVILLE, Tenn. (AP) -- Tennessee coach Bruce Pearl is working without a contract while the NCAA investigates his staff's recruiting practices. Pearl's contract was terminated on Sept. 9, the day before he revealed to the public that he had provided ... (Source: CNN Sports Illustrated 2010-10-22T00:35:17Z)

Weatherford Announces Total Consideration For Maximum Debt Tender Offer

(RTTNews) - Weatherford International Ltd. (WFT: News ) announced Wednesday the reference yield and the total consideration for each series of notes subject to its previously announced Maximum Tender Offer by two of its subsidiaries. The total ... (Source: RTT News 2010-10-20T19:50:08Z)

Gavilon Grain agrees to buy DeBruce Cos.

Gavilon Grain will buy DeBruce Cos. and expand its nationwide network of grain storage facilities to handle up to 300 million bushels of grain. Gavilon announced the deal Tuesday. It did not disclose financial terms. Greg Heckman is president and CEO of ... (Source: AP - msnbc.com 2010-10-20T12:33:29Z)

Medieval horror-drama to get American release…

Magnet Releasing announced today that it had acquired the domestic rights to Black Death . The film is directed by Chris Smith and stars Sean Bean ( Lord of the Rings ) as Ulric, an emissary from the Church who leads a monk (Eddie Redmayne) and a band of ... (Source: 411mania.com 2010-10-20T22:34:47Z)

MetroPCS Launches LTE in Detroit

MetroPCS Communications today added Detroit to its list of commercial LTE deployments, joining Las Vegas and Dallas with monthly plans starting at $55, including taxes and regulatory fees. In conjunction with the network launch, MetroPCS will offer ... (Source: Wirelessweek.com 2010-10-20T17:19:49Z)

At-large seat to be open on board

Madison Alderman-at-large Lisa Clingan-Smith has resigned after 17 years in her elected position. Clingan-Smith submitted her resignation to Mayor Mary Hawkins Butler and the Board of Aldermen on Tuesday. Clingan-Smith is starting work Nov. 1 with the ... (Source: MC Herald.com 2010-10-21T10:59:14Z)

Bruce Pearl without contract while Tennessee is under investigation

KNOXVILLE, Tenn. (AP) — Tennessee coach Bruce Pearl is working without a contract while the NCAA investigates his staff's recruiting practices. Tennessee spokesman Jimmy Stanton says Pearl's contract was terminated on Sept. 9, a day before he revealed to ... (Source: USA Today 2010-10-21T23:38:01Z)

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)

Magnet signs distro deal for 'Black Death'

Magnet Releasing makes it a hat-trick this week, scoring U.S. rights to Christopher Smith's "Black Death," the third film to seal a distribution deal with Magnet this week. Sean Bean and Eddie Redmayne star in the medieval period piece, centering on a ... (Source: Variety 2010-10-21T10:44:55Z)

Richmond casino deal by environmentalists, tribe

Richmond will get a Bay Trail extension and hundreds of acres of open space as part of a sweeping deal struck Wednesday between environmental groups and a tribe that hopes to build a $1 billion casino resort at Point Molate. The agreement, which stems from ... (Source: San Francisco Gate 2010-10-21T12:46:37Z)

Gavilon Grain to buy DeBruce

Gavilon Grain will buy DeBruce Cos. and expand its nationwide network of grain storage facilities to handle up to 300 million bushels of grain. Gavilon announced the deal today. It did not disclose financial terms. Greg Heckman, president and CEO of Omaha ... (Source: Wichita Eagle 2010-10-19T18:25:25Z)

Weatherford Announces Expiration of Maximum Tender Offer and Results of Cash Tender Offers

Each of Weatherford Delaware and Weatherford Bermuda, as applicable, has accepted for purchase all 5.95% Senior Notes due June 15, 2012 validly tendered and not validly withdrawn (acceptance priority level one), $206,003,000 in aggregate principal amount ... (Source: Yahoo Finance 2010-10-21T12:03:40Z)

Weatherford Announces the Total Consideration for its Maximum Debt Tender Offer

Weatherford International Ltd., a Swiss joint-stock corporation (NYSE: WFT) ("Weatherford"), announced today the reference yield and the total consideration for each series of notes subject to its previously announced Maximum Tender Offer, whereby (a ... (Source: Stockhouse 2010-10-20T19:21:30Z)

Analysis: Venezuela's Chavez baits foes with nuclear deal

Venezuelan President Hugo Chavez's plans for a Russian-built nuclear power plant are unsettling his foes, but look more like geopolitical grandstanding than anything concrete at this stage. On an international tour encompassing several of the world's ... (Source: msnbc.com 2010-10-19T16:16:35Z)

Vols' Bruce Pearl working without deal

KNOXVILLE, Tenn. -- Tennessee coach Bruce Pearl is working without a contract while the NCAA investigates his staff's recruiting practices. Tennessee spokesman Jimmy Stanton says Pearl's contract was terminated on Sept. 9, a day before he revealed to the ... (Source: ESPN.com 2010-10-21T23:09:23Z)

Former Dubuque Hempstead principal makes deal on sex charge

A former Dubuque Hempstead High School principal charged with having sex with a student has reached a plea agreement with prosecutors. Shane Oswald, 40, entered an Alford plea, not admitting guilt but agreeing evidence likely exists for a conviction ... (Source: Des Moines Register 2010-10-20T09:34:32Z)

Point Molate Lawsuit Settles; Some Casino Foes Doubtful

Opponents of a proposed casino resort development on the Richmond shoreline were not swayed today by an announcement that developers for the Guidiville tribe and a coalition of environmental groups came to a settlement agreement in a lawsuit. Developers ... (Source: Berkeley Daily Planet 2010-10-21T01:33:44Z)

Wireless war heats up as 4G network rolls out in metro Detroit

The race is on to woo metro Detroiters to the next generation of wireless service. MetroPCS Communications Inc. today announced the metro Detroit launch of a 4G wireless service, becoming the first major carrier to locally deploy the fourth-generation Web ... (Source: Crain's Detroit Business 2010-10-21T07:03:01Z)

Venezuela's Chavez Visits Syria

Venezuelan President Hugo Chavez met with his Syrian counterpart Thursday, continuing a Mideast tour of allies to counter what he calls U.S. "imperialism." Chavez flew in Wednesday from Tehran where he and Iranian President Mahmoud Ahmadinejad vowed to ... (Source: Voice of America 2010-10-21T17:25:47Z)

Gavilon Grain agrees to buy DeBruce Cos. to increase storage ability

OMAHA (AP) — Gavilon Grain will buy DeBruce Cos. and expand its nationwide network of grain storage facilities to handle up to 300 million bushels of grain. Gavilon announced the deal Tuesday. It did not disclose financial terms. Greg Heckman is ... (Source: Kearney Hub 2010-10-20T21:30:21Z)

Magnet lends theatrical life to 'Death'

Magnet Releasing makes it a hat trick this week, scoring U.S. rights to Christopher Smith's "Black Death," the third film to seal a distribution deal with Magnet this week. Sean Bean and Eddie Redmayne star in the medieval period piece, centering on a ... (Source: Variety 2010-10-21T11:06:24Z)

GOP Maine gov hopeful says Dem is 'married' to unions; Dem touts long career in public service

PORTLAND, MAINE — With less than two weeks until Election Day in a tight governor's race, Republican Paul LePage accused his leading opponent of being wed to government bureaucracy while Democrat Libby Mitchell touted her long history of public service ... (Source: San Francisco Examiner 2010-10-21T12:10:49Z)

Maine's Gov. Candidates Offer Ideas For Economy

PORTLAND, Maine -- Maine's gubernatorial candidates have offered up their ideas on what they would do to get Maine's economy going. Jobs and the economy were major themes in Wednesday night's televised forum at the Eastland Park Hotel in Portland. Democrat ... (Source: WMTW 2010-10-21T01:48:03Z)

MetroPCS offering 4G LTE in Detroit

Today MetroPCS announced that it is now offering its 4G LTE network in Detroit, Michigan. Detroit will join Las Vegas and Dallas-Forth Worth as the third MetroPCS 4G LTE network. MetroPCS will offer the Samsung Craft 4G LTE phone in its stores for $299 ... (Source: MobileBurn 2010-10-20T12:19:10Z)

Accomplice Pleads Guilty For Role In Bus Stop Robberies

A Manchester man charged in connection with a series of armed robberies in December pleaded guilty Wednesday to being an accessory in three armed robberies. William Coleman, 20, pleaded guilty under the Alford doctrine, meaning he did not concede guilt ... (Source: Hartford Courant 2010-10-20T21:37:31Z)

Angry judge denies sentencing delay for Collegeville teacher's aide

Pounding his fist on the judicial bench, a judge sternly denied a request by an admitted child molester, and part-time teacher's assistant, to delay his upcoming judgment day. "There has to be some recognition of a beginning of a healing process for ... (Source: Montgomery Media 2010-10-21T07:17:20Z)

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