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Deals of the Hour / October 5, 2010, 7:42 pm

Chase Agrees to Offer Mortgage Aid to Unemployed Chase Borrowers in Michigan Through the ...

Chase announced today that it will participate in Michigan's Hardest Hit fund to help borrowers who live in the state and are receiving Michigan unemployment benefits. The program may pay up to half of qualified borrowers' monthly mortgage for up to 12 ... (Source: PR Inside 2010-10-04T16:20:03Z)

Cuomo, Paladino offer plans on economy

New York's gubernatorial nominees offered contrasting proposals Monday on issues the polls show are most important to voters: Jobs and the economy. Democrat Andrew Cuomo , the state's attorney general, would add far greater accountability to New York ... (Source: Long Island Business News 2010-10-05T12:58:26Z)

Air Canada To Fly From Toronto City Airport

Air Canada will resume flights from the Billy Bishop Toronto City Airport in February, the airline said on Monday, initially offering service to Montreal. Air Canada said it will offer passengers up to 15 daily non-stop flights from the airport, which is ... (Source: Airwise 2010-10-04T23:15:14Z)

Governor nominees Cuomo, Paladino offer plans on NY economic development

ALBANY, N.Y. - New York's gubernatorial nominees are offering contrasting proposals on issues the polls show are most important to voters: Jobs and the economy. Democrat Andrew Cuomo, the state's attorney general, would add far greater accountability to ... (Source: Minneapolis Star Tribune 2010-10-04T22:53:45Z)

Sanofi-aventis Commences Tender Offer to Acquire All Outstanding Shares of Genzyme for $69 ...

PARIS , Oct. 4 /PRNewswire-FirstCall/ -- Sanofi-aventis [(EURONEXT: SAN - News ) and (NYSE: SNY - News )] announced today it has commenced a tender offer for all outstanding shares of common stock of Genzyme Corporation (Nasdaq: GENZ - News ) for $69 per ... (Source: Yahoo Finance 2010-10-04T07:01:42Z)

Casino owners, senators charged in Ala bingo probe

After the governor began raiding the state's electronic bingo halls, casino owners sent lobbyists to the Capitol with orders to make their Vegas-style parlors legal. Part of the plan, federal authorities said Monday, was to offer lawmakers millions of ... (Source: AP - msnbc.com 2010-10-04T23:00:55Z)

Ariz. governor opposes ruling that lets Mexico offer viewpoints in immigration appeal

PHOENIX - Arizona Gov. Jan Brewer is opposing a court ruling that lets other countries file a friend-of-the-court brief in her appeal of a decision that put parts of the state's new immigration law on hold. Mexico and 10 other Latin American countries were ... (Source: Minneapolis Star Tribune 2010-10-06T00:25:38Z)

Rand Paul: Medicaid Has Turned Into Welfare

FRANKFORT (AP) - Republican U.S. Senate candidate Rand Paul says Medicaid has turned into "intergenerational welfare," saying coverage has spread beyond those truly in need. The tea party favorite, who is running against Democrat Jack Conway, spoke to a ... (Source: msnbc.com 2010-10-04T21:13:32Z)

Sanofi-Aventis in $18.5 billion hostile takeover offer for Genzyme

France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture the U.S. biotech company's promising drugs for high cholesterol and lucrative treatments for rare genetic disorders. At ... (Source: New York Daily News 2010-10-05T11:18:13Z)

S Michael Lewis doesn't join 49ers vs. Falcons

ATLANTA -- San Francisco safety Michael Lewis didn't travel with the 49ers for their game Sunday against the Atlanta Falcons . Lewis missed practice Friday because of personal reasons, and 49ers coach Mike Singletary refused to elaborate on he was absent ... (Source: ESPN.com 2010-10-03T16:57:02Z)

MDA DataQuick Partners With MBSData to Offer Enhanced RMBS Valuation Product

MDA DataQuick : ®, a division of MDA Lending Solutions : and the nation's largest independent provider of property data : to real estate and mortgage professionals, announced today the availability of an enhanced residential mortgage backed securities ... (Source: PR Inside 2010-10-04T15:37:06Z)

Brewer Opposes Mexico's Participation In Appeal

Arizona Gov Jan Brewer Is Opposing A Court Ruling That Lets Other Countries File A Friend-of-the-court Brief In Her Appeal Of A Decision That Put Parts Of The State's New... Phoenix, - Arizona Gov. Jan Brewer is opposing a court ruling that lets other ... (Source: WKRG 2010-10-06T00:39:57Z)

Ala. bingo probe snares senators, casinos

MONTGOMERY, Ala. — After the governor began raiding the state's electronic bingo halls, casino owners sent lobbyists to the Capitol with orders to make their Vegas-style parlors legal. Part of the plan, federal authorities said Monday, was to offer ... (Source: News-Sentinel 2010-10-05T13:55:42Z)

Struggling homeowners to get help from Chase

Chase announced Monday that it will participate in Michigan's Hardest Hit fund to help borrowers who live in the state and are receiving Michigan unemployment benefits. It's the first major bank to commit to the program. The taxpayer-funded program may pay ... (Source: Detroit Free Press 2010-10-05T12:44:07Z)

San Francisco's Michael Lewis misses practice

Starting San Francisco 49ers strong safety Michael Lewis did not attend Friday's walk-through practice before the team traveled to Atlanta to play the Falcons on Sunday. Coach Mike Singletary would only say that Lewis was absent for personal reasons. The ... (Source: Seattle Times 2010-10-02T04:19:26Z)

Red Sox's owners bidding for Liverpool soccer club

The parent company of the Boston Red Sox have made a bid to buy English soccer club Liverpool, Sky Sports News reports. New England Sports Ventures, which owns the Red Sox, is one of two bidders for the club. The other is an Asian investor, a person ... (Source: Sporting News 2010-10-06T00:04:09Z)

New York Mortgage Trust Declares Third Quarter 2010 Common Stock Dividend of $0.18 Per Share

NEW YORK, Oct. 4, 2010 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq:NYMT) ("NYMT" or the "Company") announced today that its Board of Directors declared on October 4, 2010 a cash dividend of $0.18 per share on shares of its common stock for ... (Source: msnbc.com 2010-10-04T20:44:54Z)

Niners grant veteran safety Lewis his release

The San Francisco 49ers have parted with Michael Lewis , two days after the veteran safety reportedly requested his release. Lewis did not travel with the team to Atlanta this weekend, having left the team Friday for what coach Mike Singletary deemed ... (Source: NFL 2010-10-05T17:23:17Z)

Sanofi-Aventis Takes $69 a Share Genzyme Offer to Shareholders

Sanofi-Aventis SA took its $69 a share cash offer directly to Genzyme Corp. shareholders, citing the U.S. biotechnology company's "unwillingness to engage in constructive discussions" in a statement on its website today. (Source: Bloomberg 2010-10-04T05:42:58Z)

AP source: Red Sox bid for Liverpool

LONDON -- Liverpool's financial problems escalated Tuesday when the sagging club received a takeover bid from the Boston Red Sox's parent company plus another offer, then announced its American owners were opposed to the offers and trying to oust two ... (Source: Forbes 2010-10-06T00:04:09Z)

Brewer opposes foreign countries' participation in appeal

Gov. Jan Brewer filed a motion in the U.S. Court of Appeals for the 9th Circuit Tuesday opposing efforts by nearly a dozen foreign countries to weigh in on Arizona's new immigration law. Mexico, Argentina, Bolivia, Brazil, Costa Rica, Ecuador, El Salvador ... (Source: AZCentral.com 2010-10-06T00:47:06Z)

Tea party candidate: Medicaid has turned into welfare

FRANKFORT, Ky. ? Republican U.S. Senate candidate Rand Paul told a business group Monday that Medicaid has turned into "intergenerational welfare," saying that coverage has spread well beyond those truly in need. Asked about large Medicaid rolls in ... (Source: msnbc.com 2010-10-05T06:17:34Z)

4 Alabama senators, 2 casino owners, top lobbyists indicted in electronic bingo probe

MONTGOMERY, Ala. - After the governor began raiding the state's electronic bingo halls, casino owners sent lobbyists to the Capitol with orders to make their Vegas-style parlors legal. The way they went about it, federal authorities said Monday, was to ... (Source: Minneapolis Star Tribune 2010-10-04T20:52:04Z)

Cuomo, Paladino offer plans on NY economy

New York's gubernatorial nominees offered contrasting proposals Monday on issues the polls show are most important to voters: Jobs and the economy. Democrat Andrew Cuomo, the state's attorney general, would add far greater accountability to New York's ... (Source: AP - msnbc.com 2010-10-05T13:05:35Z)

WestJet Airlines Enters Code-Share Deal With Cathay Pacific; Air Canada Flies Out Of Toronto ...

Calgary, Alberta, Canada (AHN) - Canadian airlines continue to fly high amid the general slump and growing labor unrest in the global aviation industry. On Monday, WestJet Airlines entered into a code-share deal with Cathay Pacific Airways. It is WestJet ... (Source: All Headline News 2010-10-05T09:59:28Z)

RMBS buybacks expected to increase due to robo-signing: DBRS

Researchers at DBRS , a global rating agency, said Monday the recent robo-signing debacle will likely lead to a large number of residential mortgage-backed securities repurchases as well as higher monetary losses and continual ratings downgrades if it is ... (Source: Housing Wire 2010-10-04T22:25:07Z)

Red Sox Owner Bids for Liverpool Club

An ugly boardroom brawl has erupted over one of the most storied franchises in British sports. Tuesday, John Henry, a U.S. hedge-fund manager who owns the Boston Red Sox baseball team, made an offer to purchase Liverpool Football Club, the once-dominant ... (Source: Wall Street Journal 2010-10-05T23:28:22Z)

Pro bono lawmaking: Candidates offer to work free

FRANKFORT, Ky. -- Some lawmakers want to change state law to bar themselves from getting paid for working extra days when they can't pass the state budget on time. Republicans say the proposal to work for free during certain special legislative sessions ... (Source: Raleigh News & Observer 2010-09-21T21:36:07Z)

JPMorgan to Aid Jobless Homeowners

JPMorgan Chase & Co. (NYSE: JPM - News ) said on Monday that it will help jobless Michigan homeowners by contributing to the state's Hardest Hit fund, which assists qualified borrowers to pay about half of their mortgage payments for up to 12 months ... (Source: Yahoo Finance 2010-10-05T12:01:10Z)

Air Canada plans island take off in 2011

Air Canada flights from Billy Bishop Airport will take off in early 2011 and Montreal is the first stop, the company said. The airline announced Monday afternoon that it had settled the terms of a long-term Commercial Carrier Operating Agreement (CCOA ... (Source: Toronto Star 2010-10-04T22:17:58Z)

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