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 6, 2010, 2:43 pm

Liverpool agrees on sale to Boston Red Sox owners

LONDON (AP) — English Premier League club Liverpool says it has agreed to sell the club to the owners of the Boston Red Sox, pending settlement of a board dispute. Club chairman Martin Broughton announced the sale Wednesday on the Liverpool Football Club ... (Source: USA Today 2010-10-06T07:27:58Z)

Fu, Zhang Dominate Sotheby's $53 Million Auction of Chinese Ink Paintings

It was standing room only in Sotheby's Hong Kong saleroom as auctioneer Quek Chin Yeow brought down the hammer on Fu Baoshi's "Court Ladies," the top lot in a HK$407.3 million ($52.5 million) sale of Chinese ink paintings. Fu's depiction of a ... (Source: Bloomberg 2010-10-06T03:53:13Z)

Philadelphia theater files for Chapter 11 protection over $4.8M in debt

The 596-seat Prince Music Theater had been scheduled for sheriff's sale on Tuesday, but the venue filed for Chapter 11 protection to deal with about $4.8 million in debt. Producing director Marjorie Samoff told The Philadelphia Inquirer the theater's ... (Source: FOX43.com 2010-10-06T10:19:46Z)

Frutarom Seeks Acquisitions in Americas, Asia

"We have a lower market share than we would like in North America and ... in Central and South America," Ori Yehudai told Reuters in an interview. "We started our own activities in flavours in Mexico and Costa Rica and we're looking for acquisitions in ... (Source: FLEXNEWS 2010-10-06T07:20:48Z)

Houston American Energy (HUSA) Announces $1.65M Interest Sale to Plains Exploration

Houston American Energy Corp (AMEX: HUSA ) announced that they entered an agreement for the $1.65 million sale of their 6,000+ gross acre working interest in Karnes County to Plains Exploration and Production Company. As part of the transaction, Houston ... (Source: StreetInsider.com 2010-10-05T17:16:08Z)

ALDS Preview - Texas Rangers vs. Tampa Bay Rays

(Sports Network) - The Tampa Bay Rays are back in the postseason for the second time in team history and will start their run against the Texas Rangers on Wednesday in an American League Division Series matchup at Tropicana Field. Battling the New York ... (Source: Seattle Post Intelligencer 2010-10-05T15:14:26Z)

Glance-UPDATE 2-Deals of the day -- mergers and acquisitions

(Adds BP, Parkbridge, RSA, others; updates Sanofi, Vimpelcom and others) Oct 4 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Monday. (For Reuters columns on ... (Source: CNBC 2010-10-04T20:16:16Z)

Prince Music Theater files for bankruptcy protection, stopping sheriff's sale

Just hours before a sheriff's sale was set to begin Tuesday, owners of the Prince Music Theater on Chestnut Street filed for bankruptcy protection, staying the sale and preventing Toronto-headquartered TD Bank from seizing the Center City performance venue ... (Source: Philadelphia Daily News 2010-10-06T08:10:55Z)

Fu, Zhang Dominate Sotheby's $52 Million Chinese Ink Auction

Oct. 6 (Bloomberg) -- It was standing room only in Sotheby's Hong Kong saleroom as auctioneer Quek Chin Yeow brought down the hammer on Fu Baoshi's "Court Ladies," the top lot in a HK$407.3 million ($52.5 million) sale of Chinese ink paintings. Fu ... (Source: BusinessWeek 2010-10-06T03:53:13Z)

I-95 reopened following fatal truck accident

NORWALK -- All lanes of southbound Interstate-95 have reopened in Norwalk following a fatal tractor-trailer accident just before noon Tuesday. The highway had been closed from 12:12 p.m. to about 3:30 p.m. between Exit 16 to Exit 14 while investigators ... (Source: Danbury News-Times 2010-10-05T20:43:43Z)

Tampa Bay Rays lose first game of ALDS to Texas Rangers, 5-1.

The Tampa Bay Rays have lost the first game of ALDS to the Texas Rangers, 5-1. David Price gave up all five runs to the Rangers and took the lost. The Rays only run came from a Ben Zobrist home run. POSTING PROCESS: Comments will appear on the page within ... (Source: Bay News 9 2010-10-06T20:56:51Z)

Crash on I-95 kills woman

A woman died Tuesday after her vehicle collided with a tractor-trailer between exits 15 and 14 on Interstate 95 in Norwalk, authorities said. The accident occurred just after 11:45 a.m. when a tractor-trailer slammed into the passenger side of a red ... (Source: Norwalk Hour 2010-10-06T00:54:16Z)

Boston Red Sox jump feet first into another new sport with deal to buy Liverpool soccer team

BOSTON - The Boston Red Sox owners have tried their hand at golf, auto racing, U.S. college sports and — of course — baseball. Now comes a deal to buy Liverpool of the English Premier League. New England Sports Ventures reached an agreement with the ... (Source: Minneapolis Star Tribune 2010-10-06T16:39:09Z)

Rangers 5, Rays 1

ST. PETERSBURG, Fla. -- Cliff Lee , postseason ace for hire. Picking up where he left off during in a dazzling October run a year ago, Lee shut down the Tampa Bay Rays while outpitching David Price and leading the Texas Rangers to a 5-1 victory in the ... (Source: ESPN.com 2010-10-06T21:04:00Z)

Deals of the day -- mergers and acquisitions

Oct 4 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Monday. (For Reuters columns on deals, click on [DEALTALK/]) ** French drugmaker Sanofi-Aventis ( SASY.PA ... (Source: Reuters 2010-10-04T08:56:14Z)

WSJ: Apple prepping CDMA iPhone

Verizon Wireless is in San Francisco for CTIA Fall 2010 to discuss its LTE strategy, but a new report has surfaced to reignite rumors of a Verizon-bound iPhone . According to The Wall Street Journal , Apple is beginning preparations to mass produce a CDMA ... (Source: Wirelessweek.com 2010-10-06T20:42:32Z)

(AMM) Ternium, Nippon Steel ink accord for Mexico sheet venture

Ternium SA and Japan's Nippon Steel Corp. have signed a definitive agreement to form a joint venture in Mexico for the manufacture and sale of hot-dip galvanized and galvannealed steel sheets to serve the Mexican automobile market, the companies said ... (Source: Metalbulletin 2010-10-05T23:42:41Z)

Report: Apple to make iPhones for CDMA networks such as Verizon's, could go on sale in 2011

SEATTLE (AP) — A new report says Apple is getting ready to manufacture a new iPhone that works on cellular networks based on CDMA technology, a move that would allow the phones to be used by more carriers, including Verizon Wireless . It has long been ... (Source: Fort Lauderdale Sun-Sentinel 2010-10-06T18:55:10Z)

Ternium and Nippon Steel ink pact for HDG JV in Mexico

Ternium SA and Nippon Steel Corporation announced that they have signed a definitive agreement to form a JV in Mexico for the manufacturing and sale of hot-dip galvanized and galvannealed steel sheets to serve the Mexican automobile market. The joint ... (Source: SteelGuru 2010-10-05T03:40:05Z)

Zhang's $6.7 Million Baby Boosts Sotheby's Mixed Hong Kong Sale

Oct. 5 (Bloomberg) -- Waving paddle 3008, a woman in a black dress at the center of Sotheby's Hong Kong saleroom saw off all comers to win a 1992 Zhang Xiaogang painting that set an artist record of HK$52.18 million ($6.73 million), as Chinese buyers ... (Source: BusinessWeek 2010-10-04T21:13:32Z)

Ternium, Nippon Steel sign Mexico joint venture deal

BUENOS AIRES Oct 4 (Reuters) - Nippon Steel Corp ( 5401.T ), the world's No. 2 steelmaker, and Latin America's Ternium ( TX.N ) have signed the details of a deal to form a joint venture in Mexico, mainly to supply Japanese car makers in the country ... (Source: Reuters 2010-10-05T01:24:05Z)

From Bargain Bin to the Battle Lines

Why, then, does VW include discs on the SEL and TDI? Kerry Christopher, a company spokesman, said, "We still offer disc brakes on certain models because many consumers associate disc brakes with improved performance and appearance." Although there is ... (Source: New York Times 2010-09-24T21:39:43Z)

An Open Letter To Fans Of Liverpool FC: "Caveat Emptor"

John W. Henry, the hedge fund manager and noted egomaniac who owns the Boston Red Sox, has just bought the sixth biggest soccer team in the entire world: Liverpool Football Club. Around England, the news comes as a shock and a relief. Valued at $822 ... (Source: Bleacherreport.com 2010-10-06T21:32:38Z)

Houston American Energy To Sell South Texas Assets To Plains Exploration - Quick Facts

(RTTNews) - Houston American Energy Corp. (HUSA: News ) said it has agreed to sell its holdings in Karnes County, Texas to Plains Exploration and Production Co., retaining an overriding royalty interest. The planned purchase and sale are part of Plains ... (Source: RTT News 2010-10-05T17:30:27Z)

Rays win AL East; Braves earn NL wild card on last day of regular season

S AN FRANCISCO - The Tampa Bay Rays will be home for the playoffs, the Yankees will be traveling throughout October and the San Diego Padres? Well, they're on vacation now. That's how the baseball postseason picture looked after the dust settled ... (Source: Boston Herald 2010-10-04T01:39:35Z)

Rays celebrate AL East title before finishing with a win

Nobody can say the Tampa Bay Rays backed into the AL East title. Knowing that New York's loss about an hour earlier had already assured them of the championship, the Rays rallied for a 3-2 victory over Kansas City in 12 innings, sending them into the ... (Source: Philadelphia Daily News 2010-10-04T07:01:42Z)

Philadelphia theater files for bankruptcy

A theater in downtown Philadelphia has filed for bankruptcy protection, forestalling a sheriff's sale.The 596-seat Prince Music Theater had been scheduled for sheriff's sale on Tuesday, but the venue filed for Chapter 11 protection to deal with about $4.8 ... (Source: msnbc.com 2010-10-06T10:41:14Z)

Report: Apple to make iPhones for CDMA networks, including Verizon

SEATTLE -- A new report says Apple Inc. is getting ready to manufacture a new iPhone that works on cellular networks based on CDMA technology, a move that would allow the phones to be used by more carriers, including Verizon Wireless. It has long been ... (Source: INFORUM 2010-10-06T20:56:51Z)

Houston American Energy to Sell South Texas Assets to Plains E&P

Houston American Energy Corp has entered into an agreement with Plains Exploration and Production Company pursuant to which Houston American will sell to Plains its holdings in Karnes County, Texas with Houston American retaining an overriding royalty ... (Source: Oilvoice.com 2010-10-06T20:06:44Z)

Hired gun Lee proves his worth to Rangers

Cliff Lee, postseason ace for hire. Picking up where he left off during in a dazzling October run a year ago, Lee shut down the Tampa Bay Rays while outpitching David Price and leading the Texas Rangers to a 5-1 victory in the opening game of the AL ... (Source: msnbc.com 2010-10-06T21:11:10Z)

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