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 3, 2010, 9:43 am

EarthLink acquires Huntsville-based ITC DeltaCom for $516M

HUNTSVILLE, AL -- EarthLink, one of the nation's leading Internet service providers, said today it will acquire Huntsville-based ITC DeltaCom in a deal valued at approximately $516 million. EarthLink will acquire DeltaCom a provider of integrated ... (Source: Everything Alabama Blog 2010-10-01T13:10:20Z)

Grand jury to announce findings on Gwinnett land deal

A nine-month investigation into questionable Gwinnett County land purchases is expected to conclude this week, and its findings could shed light on relations between local developers and elected officials. A special grand jury investigating the purchases ... (Source: Atlanta Journal Constitution 2010-10-03T14:48:11Z)

Two men agree to testify against Cahokia trustees accused of vote fraud

Two men have pleaded guilty to vote fraud charges and say they'll testify against two trustees of the Cahokia Village Board. Kevin Wiggins and William Brown entered the pleas Friday. They were scheduled to go on trial Monday. Cahokia Trustees Kyle Johnson ... (Source: News-Democrat 2010-10-03T00:57:49Z)

Sinopec in talks to buy Repsol Brazil assets: report

MADRID (Reuters) - China's Sinopec Group is in talks with Spanish oil company Repsol ( REP.MC ) to buy 40 percent of Repsol's Brazilian assets in a deal worth around $4 billion, Expansion newspaper reported on Friday without citing sources. The Chinese ... (Source: Reuters 2010-10-01T06:36:38Z)

Delaware politics: Blue bloods vs. blue collar in the GOP

The year 1998 was a heady time for Delaware's Republican Party. Two-thirds of the state's top elected offices, including the senior U.S. senator and lone member of the U.S. House, were held by Republicans. The party also dominated the state House. In the ... (Source: Delaware Online 2010-10-03T12:17:51Z)

$19.1 billion budget deal reached in California

Gov. Arnold Schwarzenegger and top lawmakers said Friday night that they have reached a deal to close the state's $19.1-billion deficit. Senate President Pro Tem Darrell Steinberg (D-Sacramento), flanked by three other legislative leaders, proclaimed a ... (Source: Los Angeles Times 2010-10-02T04:26:36Z)

Budget pact would close $19 billion California deficit with spending cuts, rosy projections

SACRAMENTO, Calif. (AP) — After a record-long impasse, California legislators are set to vote this week on a no-new-taxes budget that relies on a combination of spending cuts and optimistic financial projections to close a $19 billion deficit. Details of ... (Source: Los Angeles Times 2010-10-02T20:54:26Z)

Repsol in $7.1 Billion Brazil Deal With Sinopec

Repsol , the Spanish oil company, said Friday that it had sold a 40 percent stake in its Brazilian unit to Sinopec for $7.1 billion as it prepares to develop offshore fields like those that led to the $70 billion Petrobras I.P.O. last week. The deal, which ... (Source: New York Times Blogs 2010-10-01T10:47:10Z)

Cahokia voter fraud plea deal

Cahokia, IL (KSDK) -- Two of the four men indicted in an alleged voter fraud scandal have agreed to plead guilty and help authorities in exchange for a reduction in charges, the St. Clair County Prosecuting Attorney's Office said Friday. Prosecutor Bob ... (Source: KSDK 2010-10-02T00:44:41Z)

Brothers file bankruptcy plan in US Fidelis case

Two brothers who own a bankrupt company that claimed to be the nation's top marketer of auto-service contracts will pay it about $10.5 million and surrender possibly $10 million more in assets under a proposed settlement in federal bankruptcy court. The St ... (Source: AP - msnbc.com 2010-10-01T17:20:52Z)

After Chris Kaman, there's a shortage of big bodies

LOS ANGELES It used to be land of the giants around the Los Angeles Clippers. Bigs, seemingly, everywhere. Naturally, this led to a daily dose of trade rumors. Marcus Camby, now in Portland, was rumored to be on the move almost from the day he joined the ... (Source: Bellingham Herald 2010-10-02T03:22:10Z)

Dish Network subscribers face loss of Fox Sports Detroit programming if deal isn't reached

There is a chance Dish Network subscribers will have to find a new way to watch Fox Sports Detroit broadcasts later this week. The Dish Network is negotiating the terms by which it carries Fox's 19 regional sports networks, which includes FSD and cable ... (Source: MLive.com 2010-09-30T14:01:38Z)

Earthlink to Buy ITC^DeltaCom for $251 Million

Earthlink said Friday that it has agreed to buy ITC^DeltaCom , a telecom service provider based in the Southeast, for about $251 million in cash, as it seeks to expand its services in the region. Under the terms of the deal, Earthlink will pay $3 a share ... (Source: New York Times Blogs 2010-10-01T11:51:35Z)

FACTBOX-China M&A activity, energy deals and Brazil investment

Oct 1 (Reuters) - Chinese refiner Sinopec Group and Spanish oil major Repsol ( REP.MC ) have agreed to form a $17.8 billion joint venture to exploit Repsol's Brazilian oil deposits, Repsol said on Friday. [ID:nLDE69007U] Fast-growing, resource-hungry China ... (Source: Reuters 2010-10-01T11:22:58Z)

Schwarzenegger, legislative leaders reach California budget deal

SACRAMENTO -- Gov. Arnold Schwarzenegger and legislative leaders said they struck a comprehensive agreement after an intensive five-hour meeting Friday night, signaling an end to California's record-long budget stalemate after 93 days. Virtually no details ... (Source: San Jose Mercury News 2010-10-02T16:08:06Z)

Newton teen arraigned for killing Waltham man

W ALTHAM, Mass. — A Newton teenager who allegedly arranged to buy drugs from a Waltham man and then tried to rob him at gunpoint has been arraigned on murder and armed assault charges after killing his target. Seventeen-year-old Benjamin Peirce was ... (Source: Boston Herald 2010-10-01T21:24:15Z)

Who wants to hug Chris Kaman? DJ and Craig

FreeDarko is a personal favorite of mine and Clipper fans have to check out the October 1st post if only to see Craig Smith and DeAndre Jordan bearhugging Chris Kaman. For years, NBA defense has been defined by a similarly cold and angry calculus. But don ... (Source: ProBasketballNews.com 2010-10-02T21:51:42Z)

4 charged in fatal drug-deal shooting in Waltham

W ALTHAM — Three people accused of arranging to buy drugs from a Waltham man and then trying to rob him at gunpoint have been arrested on murder and armed assault charges. Seventeen-year-old Benjamin Peirce of Newton was arraigned Friday in the death of ... (Source: Boston Herald 2010-10-03T01:40:46Z)

DISH Network to no longer carry Fox Sports Network

If you have DISH Network, you will not be able to watch the ASU at Oregon State football game Saturday. Your ability to watch many other Arizona sports teams in the near future may also be at risk. Other sports programming as well as shows on FX and ... (Source: AZCentral.com 2010-10-02T07:32:42Z)

N.J. state senator likely to get second chance at judgeship

State Sen. Philip Haines, who turned down a nomination to the Superior Court bench by Gov. Jon S. Corzine to protest a slew of appointments in the final days of that administration, will likely get a second chance at his dream job. Gov. Christie plans to ... (Source: Philadelphia Daily News 2010-10-03T03:56:46Z)

2 plead guilty to S. Ill. vote fraud

Two men have pleaded guilty to vote fraud charges and say they'll testify against two trustees of the southwestern Illinois village of Cahokia. Kevin Wiggins and William Brown entered the pleas Friday. They were scheduled to go on trial Monday. Cahokia ... (Source: St. Louis Post-Dispatch 2010-10-03T02:02:14Z)

Pair files bankruptcy in US Fidelis case

ST. LOUIS (AP) — Two brothers will pay a St. Louis-area company they own about $10.5 million and surrender possibly $10 million more in assets under a proposed settlement in federal bankruptcy court in St. Louis. The St. Louis Post-Dispatch reports that ... (Source: Columbia Daily Tribune 2010-10-01T20:19:50Z)

Italian establishment exasperated by Berlusconi show

ROME (Reuters) - Prime Minister Silvio Berlusconi has come under fire from large parts of the Italian establishment as his government struggles to re-establish its authority after narrowly surviving a confidence vote in parliament last week. Berlusconi's ... (Source: Reuters India 2010-10-03T14:19:33Z)

Earthlink ups business ante with deal to acquire ITC Deltacom

Earthlink (Nasdaq: ELNK ), the service provider once synonymous with residential dial up Internet service, is expanding its business service play once again by acquiring ITC^DELTACOM (OTC BB: ITCD.OB ). Under the terms of the agreement, Earthlink will pay ... (Source: FierceTelecom 2010-10-01T17:35:11Z)

Italy Operators Reach Broadband Deal

ROME—Italian telecommunications operators have reached an agreement on technical aspects to build a high-speed broadband network, paving the way to a final deal for the creation of a countrywide fiber-optic infrastructure. In a statement, Deputy Minister ... (Source: Wall Street Journal 2010-09-19T19:08:10Z)

Fox yanks channels from Dish Network

LOS ANGELES - Tens of thousands of baseball and college football fans could well be left in the lurch this weekend as a result of an increasingly contentious tug-of-war over price increases between Fox and satellite broadcaster Dish Network. Fox cut the ... (Source: AZCentral.com 2010-10-02T18:09:48Z)

Reports: Jet in Italy lands off tarmac, 3 injuries

Italian news agency ANSA says a passenger jet has landed off the tarmac at Palermo airport, and that three aboard had slight injuries. The report said a Wind Jet Airbus 300 landed at Falcone e Borsellino Airport after a flight from Rome with 143 passengers ... (Source: AP - msnbc.com 2010-09-24T19:23:42Z)

4 Charged In Drug-Deal Murder

WALTHAM, Mass -- Three people accused of arranging to buy drugs from a Waltham man and then trying to rob him at gunpoint have been arrested on murder and armed assault charges. Seventeen-year-old Benjamin Peirce of Newton was arraigned Friday in the death ... (Source: Boston Channel 2010-10-02T10:38:49Z)

Missouri men offer their riches to end scam claims

ST. LOUIS (Reuters) - Two Missouri brothers accused of misappropriating more than $100 million from U.S. Fidelis, once the nation's top seller of auto-service warranties, have agreed to turn over vacation homes, jewelry, a yacht and other riches to settle ... (Source: Reuters India 2010-10-01T18:03:49Z)

Carmelo Anthony to The New Jersey Nets? A Look at What Teams Can Offer

With rumors of a Carmelo Anthony trade getting more exasperating everyday and sports writers getting more ridiculous with irrational deals, it has become more than necessary to look at what teams can offer in a deal for the Nuggets star. 1) New Jersey Nets ... (Source: Bleacherreport.com 2010-09-21T07:31:26Z)

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