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 4, 2010, 6:42 am

Read Sanofi's $18.5 Billion Hostile Offer for Genzyme

After weeks of gentle nudging, Sanofi-Aventis lost patience waiting for Genzyme Corp. to accept a proposed acquisition. Instead, the French pharmaceutical company formally issued a hostile takeover offer for Genzyme . The offer floated today allows ... (Source: Wall Street Journal 2010-10-04T12:23:50Z)

Louisiana-Mississippi at 2 a.m.

If you have any contributions for or questions about the report, call 1-800-662-7717. To report technical problems: 1-800-469-1362. AP stories, along with the photos that accompany them, can also be obtained from http://www.apexchange.com. Reruns are also ... (Source: Victoria Advocate 2010-10-04T06:54:33Z)

Hate speech trial of Dutch politician who called for Quran ban begins in Amsterdam

AMSTERDAM (AP) — Dutch anti-Islam politician Geert Wilders appealed for freedom of expression Monday and then exercised his right to silence as he went on trial for alleged hate speech at a time when his popularity and influence in the Netherlands are ... (Source: Fort Lauderdale Sun-Sentinel 2010-10-04T09:46:21Z)

Alligator Festival, Putumayo Festival offer up plenty of fun

Alligator Festival St. Charles Parish Westbank Bridge Park, 13825 River Road, Luling. Rides, food, music and crafts, sponsored by the St. Charles Rotary Club. The festival is open 11 a.m.-9, with music by Don Rich at 1 and The Topcats at 6:45. Admission is ... (Source: New Orleans Times-Picayune 2010-09-26T05:59:36Z)

Emerging markets offer investment opportunities

Where in the world does an investor go to make money when 70 percent of the U.S. economy is based on American consumers, and many of them, along with Europeans, will be licking their financial wounds instead of spending through much of this decade ... (Source: St. Louis Post-Dispatch 2010-10-03T05:01:12Z)

AIG cut Asian unit IPO value to court investors-report

NEW YORK Oct 3 (Reuters) - AIG ( AIG.N ) has lowered its valuation for the planned initial public offering of its Asian life insurance business, AIA, to secure a $1 billion commitment from the Kuwait Investment Authority and other cornerstone investors ... (Source: Reuters 2010-10-03T21:29:02Z)

Hoffman's ties to Blagojevich make Collinsville Democrat a prime GOP target

SPRINGFIELD - State Rep. Jay Hoffman, the veteran Collinsville Democrat who was once Gov. Rod Blagojevich's top legislative ally, managed for six years to survive his controversial friend's rise to the pinnacle of Illinois politics. The question now is ... (Source: Herald & Review 2010-10-03T09:11:44Z)

Personal Finance: Emerging markets merit a look

Where in the world does an investor make money when 70 percent of the U.S. economy is based on consumers, and many of them, along with Europeans, will be licking their financial wounds instead of spending through much of this decade? Professional investors ... (Source: Philadelphia Daily News 2010-10-03T07:02:53Z)

St. Genevieve Parishioners Celebrate New Church

Sunday morning parishioners of St. Genevieve Catholic Church in Slidell gathered under a giant oak tree to celebrate mass and the groundbreaking of a new church. The church was destroyed during Hurricane Katrina. ABC26 News Reporter Vanessa Bolano was at ... (Source: NewOrleans.Com 2010-10-03T23:09:15Z)

U.S. stocks rise on hopes for global growth

NEW YORK (MarketWatch) — U.S. stocks opened higher Friday, kicking off the fourth quarter on a positive note after upbeat personal income and spending data as well as strong economic figures from China. Encouraging U.S. personal income and spending data ... (Source: Yahoo Finance 2010-10-01T07:48:13Z)

Monday's biggest gaining and declining stocks

TEL AVIV (MarketWatch) — Stocks expected to move significantly in trading on Monday include Actel, Bank of Virginia, Coke Enterprises, Dynamex, GTSI and Islilon. Actel Corp., ACTL  the Mountain View, Calif., producer of field-programmable gate arrays ... (Source: MENAFN 2010-10-04T12:16:40Z)

Dutch Hate-Speech Trial Adjourned

AMSTERDAM—Dutch politician Geert Wilders appealed for freedom of expression Monday and then exercised his right to silence as he went on trial for alleged hate speech at a time when his popularity and influence in the Netherlands are near all-time highs ... (Source: Wall Street Journal 2010-10-04T12:45:18Z)

Dutch Politician's Trial for Alleged Hate Speech Begins

Geert Wilders, a politician in the Netherlands, finally has his day in court. His trial began Monday for alleged hate speech against Islam. Wilders' popularity in the European country is at an all-time high. Prosecutors say he incited hatred against ... (Source: Christian Broadcasting Network 2010-10-04T12:16:40Z)

Jarrett spotted at Chicago federal building

Presidential adviser Valerie Jarrett was spotted Friday inside the Dirksen U.S. Courthouse, touching off a buzz among reporters there in connection with the case against former Gov. Rod Blagojevich . Jarrett, whose name figured prominently at Blagojevich's ... (Source: Chicago Tribune 2010-10-02T01:56:16Z)

UPDATE: Fed's Dudley: Fed Action To Support Economy 'Likely'

NEW YORK (Dow Jones)--A top Federal Reserve official said Friday the central bank is almost certain to have to offer fresh support to ensure that already tepid U.S. economic growth doesn't falter further, although he stopped short of saying what type of ... (Source: Wall Street Journal 2010-10-01T13:31:48Z)

Investors lean toward emerging markets

Where in the world does an investor go to make money when 70 percent of the U.S. economy is based on American consumers, and many of them, along with Europeans, will be licking their financial wounds instead of spending through much of this decade ... (Source: Minneapolis Star Tribune 2010-10-02T23:24:46Z)

Report: Wild make Theodore offer, but there's no deal yet

Jose Theodore has an offer from the Minnesota Wild, but the team says there is no deal yet. According to a report in the Minneapolis Star-Tribune, Wild General Manager Chuck Fletcher has made a contract offer to the free-agent goaltender, but he says ... (Source: TSN 2010-10-02T14:42:12Z)

Stamos wants to be heard in court

Actor John Stamos can't make it to federal court in Michigan's Upper Peninsula this week, but he still wants to be heard. Federal prosecutors are asking a judge to allow them to read a statement from Stamos when two people are sentenced on Friday for ... (Source: ninemsn 2010-10-03T21:21:53Z)

Country Style to offer 5 million ADSs in IPO

NEW YORK (AP) -- Country Style Cooking Restaurant Chain Co. said Friday that it will offer 5 million American depositary shares priced between $14 and $16 a piece in an initial public offering. Each American depositary share is equal to four ordinary ... (Source: Yahoo Finance 2010-09-24T17:00:32Z)

U.S. Stock-Index Futures Fall; AIG, AT&T, Genzyme Decrease

Monday, October 4, 2010 Oct. 4 (Bloomberg) -- U.S. stock-index futures retreated, indicating that the Standard & Poor's 500 Index may extend its biggest weekly decline in five weeks. American International Group Inc. lost 1 percent as the insurer was said ... (Source: San Francisco Gate 2010-10-04T10:14:59Z)

Prosecutors offer to read actor John Stamos' lines at sentencing in Mich. extortion case

MARQUETTE, Mich. - Actor John Stamos can't make it to federal court in Michigan's Upper Peninsula next week, but he still wants to be heard. Federal prosecutors are asking a judge to allow them to read a statement from Stamos when two people are sentenced ... (Source: Minneapolis Star Tribune 2010-10-02T02:53:32Z)

Chip maker Microsemi to buy Actel for about $430 million to expand its product offerings

IRVINE, Calif. (AP) — Microsemi Corp. is buying Actel Corp. for about $430 million in order to expand its product offerings. Sign up to receive FOX43 Email Alerts The chip maker, which will start a cash tender offer, said Monday that it will pay $20.88 ... (Source: FOX43.com 2010-10-04T11:05:05Z)

Fed's Dudley: Further Fed Action To Support Economy Is 'Likely'

NEW YORK (Dow Jones)--A top Federal Reserve official said Friday the central bank is almost certain to have to offer fresh support to ensure that already tepid economic growth does not further falter, although he stopped short of saying what type of ... (Source: Wall Street Journal 2010-10-01T12:27:23Z)

Sanofi-Aventis goes hostile with $69/share offer for US biotech company Genzyme

PARIS (AP) — Sanofi-Aventis launched a hostile takeover battle Monday for Genzyme Corp. aimed at capturing the U.S. biotech company's promising drugs for high cholesterol and lucrative treatments for rare genetic disorders . Paris-based Sanofi-Aventis' $ ... (Source: Los Angeles Times 2010-10-04T06:18:45Z)

Sanofi-Aventis SA Bids $18.5B for Genzyme Corp. (SNY,GENZ)

Sanofi-Aventis SA ( NYSE:SNY ) began a hostile bid worth $18.5 billion for Genzyme Corp. ( NASDAQ:GENZ ), Bloomberg reports Monday morning. The tender offer for $69 per share comes after Sanofi's takeover bid was rejected. SmarTrend is bullish on shares of ... (Source: Comtex Smartrend 2010-10-04T12:45:18Z)

Microsemi to purchase Actel for about $430 million

Microsemi Corp. is buying Actel Corp. for about $430 million in order to expand its product offerings. The chip maker, which will start a cash tender offer, said Monday that it will pay $20.88 per share, which is a 30 percent premium to Actel's Friday ... (Source: AP - msnbc.com 2010-10-04T11:05:05Z)

Theodore filling Wild void, report says

It appears as though the Wild has a backup plan after losing Josh Harding for the season. Montreal radio station CKAC reported late Friday that the Wild has signed goaltender Jose Theodore to a one-year, $1.1 million contract. The 33-year old Theodore ... (Source: Minneapolis Star Tribune 2010-10-02T07:32:42Z)

Faces & Names: Heigl: I don't believe my own press

Former "Grey's Anatomy" star Katherine Heigl said she's happy to make headlines, but stories about her in the media are often exaggerated. Heigl's comments in the past have been known to make waves in the entertainment world. She called the 2007 ... (Source: Duluth News Tribune 2010-10-04T06:11:36Z)

Report: #mnwild signs Jose Theodore

Because of the early hours, the Wild hasn't confirmed yet a report from CKAC that the Wild has signed goalie Jose Theodore to a one-year, $1.1 million contract to replace Josh Harding, who could miss the season with a torn ACL and MCL. But I talked with ... (Source: Minneapolis Star Tribune 2010-10-02T05:23:52Z)

Rezko pleads guilty in restaurant sale scheme

CHICAGO - A one-time top fundraiser for former Illinois Gov. Rod Blagojevich who was already convicted of taking kickbacks from state contractors pleaded guilty Friday in a separate scheme involving the bogus sale of his pizza restaurants. After the plea ... (Source: Hartford Courant 2010-10-02T03:07:51Z)

Blog Archive