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Deals of the Hour / October 7, 2010, 6:40 pm

Peruvian Mario Vargas Llosa wins 2010 Nobel Prize in literature, 1st South American since 1982

STOCKHOLM - Peruvian Mario Vargas Llosa won the 2010 Nobel Prize in literature on Thursday as the academy honored one of the Spanish-speaking world's most acclaimed authors and an outspoken political activist who once ran for president in his tumultuous ... (Source: Minneapolis Star Tribune 2010-10-07T19:15:27Z)

NCR Inks Distribution Deal With Universal

NCR Corp. Oct. 6 said it signed a distribution deal with Universal Studios Home Entertainment that gives the owner and operator of Blockbuster Express kiosks access to new release titles 28 days after street date. Duluth, Ga.-based NCR operates 7,000 ... (Source: Home Media Magazine 2010-10-06T19:02:19Z)

Biz Break: Adobe stock skyrockets: Secret meeting by Apple 'frenemies'?

Today: Adobe stock surges after a New York Times report of a secret meeting by its CEO with Microsoft's Steve Ballmer. Plus: Yahoo rolls out enhancements to its search results. Mortgage rates fall to a record low. Adobe Systems stock surges Adobe Systems ... (Source: San Jose Mercury News 2010-10-08T00:59:03Z)

Ethel Kennedy selling Lincoln's Proclamation

N EW YORK - A copy of the Emancipation Proclamation signed by Abraham Lincoln and bought by Robert F. Kennedy, who drew inspiration from the document as he enforced civil rights legislation in the 1960s, is going up for auction and could fetch as much as $ ... (Source: Boston Herald 2010-10-07T11:01:32Z)

Universal to make some DVDs available earlier

Universal Pictures said Wednesday that it will make some movies available to Blockbuster Express kiosks on the same day as their release for sale — but make customers pay a premium above the $1-per-night they can rent them for 28 days later. The move ... (Source: AP - msnbc.com 2010-10-06T20:28:13Z)

'It Was A Big, Big Surprise,' New Nobel Laureate Mario Vargas Llosa Tells NPR

As we reported earlier , the Swedish Academy has awarded this year's Nobel Prize in Literature to Peruvian writer Mario Vargas Llosa, currently a visiting lecturer in creative writing in the Lewis Center for the Arts at Princeton University, in recognition ... (Source: NPR News 2010-10-07T21:31:27Z)

Universal to try Blockbuster plan

Universal Pictures plans to make some movies available to Blockbuster Express kiosks on the same day as their release for sale -- but make customers pay a premium above the $1-per-night they can rent them for 28 days later. The move inches Universal closer ... (Source: New York Post 2010-10-07T04:20:40Z)

Mass. AG backs Caritas sale under conditions

Massachusetts Attorney General Martha Coakley says she'll back the sale of the nonprofit Caritas Christi Health Care System to a private equity firm under conditions that protect the quality of care, and maintain jobs. Coakley announced Wednesday that ... (Source: AP - msnbc.com 2010-10-06T21:39:48Z)

UPDATE 1-Netflix and NCR reach DVD distribution deals

LOS ANGELES, Oct 6 (Reuters) - Netflix Inc ( NFLX.O ) on Wednesday said it reached a deal to rent Sony ( 6758.T ) movies 28 days after they go on sale, while NCR ( NCR.N ), which rents DVDs at nearly 7,000 Blockbuster kiosks, reached a similar deal with ... (Source: Reuters 2010-10-06T23:05:42Z)

UPDATE1-Kuwait commits $1 bln to AIA IPO -source

HONG KONG, Oct, 4 (Reuters) - American International Group Inc ( AIG.N ) has received a $1 billion commitment from Kuwait Investment Authority (KIA) for AIA Group Ltd's Hong Kong initial public offering, a source familiar with the matter told Reuters on ... (Source: Reuters 2010-10-04T02:08:13Z)

Coakley's office reaches agreeement for sale of Caritas Christi hospitals

Ending a five-month process, Attorney General Martha Coakley's office announced tioday it has reached an agreement with the for-profit, New York-based Cerberus Capital Management L.P., which is purchasing the nonprofit Caritas Christi Health Care system ... (Source: Abington Mariner 2010-10-06T18:05:03Z)

GNC Said to Seek $2 Billion Sale as It Pursues IPO

(Updates with analyst's comment in sixth paragraph.) Oct. 5 (Bloomberg) -- GNC Holdings Inc., the vitamin and nutrition-supplement retail chain, is seeking bidders for a possible sale of the company that may fetch about $2 billion, according to three ... (Source: BusinessWeek 2010-10-05T22:23:56Z)

Citi Sells U.S. Retail Sales Finance Portfolios

Citi today announced the closing of the sale of $1.6 billion in managed assets, part of its U.S. retail sales finance portfolios, to GE Capital. The assets were part of Citi Holdings. Terms of the deal, which has received regulatory approval, were not ... (Source: PR Inside 2010-10-06T12:42:56Z)

Citi Completes Asset Sale To GE Capital

NEW YORK -- Citigroup Inc. said Wednesday that it has closed the sale of $1.6 billion in managed assets to GE Capital, a unit of General Electric Co. . The assets, retail sales finance portfolios, were part of Citi Holdings. Terms of the deal were not ... (Source: FOXBusiness 2010-10-06T14:01:40Z)

GNC Said to Seek $2 Billion Sale of Company as It Pursues IPO

GNC Holdings Inc. , the vitamin and nutrition-supplement retail chain, is seeking bidders for a possible sale of the company that may fetch about $2 billion, according to three people familiar with the matter. Goldman Sachs Group Inc. and JPMorgan Chase ... (Source: Bloomberg 2010-10-05T19:46:27Z)

Summary Box: Adobe shares up after buyout report

THE ACTION: Shares of Adobe Systems Inc. ended the session up nearly 12 percent at $28.69, with trading volume more than six times the average. THE REASON: A report posted in the "Bits" blog of The New York Times said Microsoft Corp. CEO Steve Ballmer ... (Source: AP - msnbc.com 2010-10-07T23:18:50Z)

CRWESelect: CRWESelect.com Highlights: - Morgans Hotel Group Co. (Nasdaq:MHGC) and ...

NEW YORK, - Morgans Hotel Group Co. (Nasdaq: MHGC | PowerRating ) ("MHG") the original boutique hotel company, announced on October 6, 2010 the opening of Forty Four at Royalton, a new cocktail lounge headlined by a global all-star team of bartenders known ... (Source: TradingMarkets.com 2010-10-07T08:45:31Z)

Liverpool soccer team sale a mess for Hicks

As baseball legend Yogi Berra would say, it's déjà vu all over again for Dallas financier Tom Hicks and another of his troubled professional sports teams. This summer, the sale of Hicks' Texas Rangers had to be sorted out in a Fort Worth bankruptcy court ... (Source: Dallas Morning News 2010-10-07T04:20:40Z)

Regeneron Pharmaceuticals, Inc. Announces The Sale of 4,500,000 Shares of Common Stock

NEW YORK , Oct. 6 /PRNewswire-FirstCall/ -- Regeneron Pharmaceuticals, Inc. (Nasdaq: REGN - News ) (the "Company"), today announced that it intends, subject to market conditions, to offer 4,500,000 shares of its common stock pursuant to an underwriting ... (Source: Yahoo Finance 2010-10-06T20:42:32Z)

RFK-Owned Emancipation Proclamation Up for Bid

The widow of Robert F. Kennedy plans to auction a family-owned copy of the Emancipation Proclamation, the document that declared all slaves "forever free," at a Dec. 10 sale at Sotheby's in New York. It is estimated to bring up to $1.5 million. (Source: HappyNews.com 2010-10-07T14:00:29Z)

Hodgson hails proposed Liverpool buyout

LONDON (AP) -- Liverpool manager Roy Hodgson is delighted the owners of the Boston Red Sox want to rescue the heavily indebted club, despite a looming court battle by the board to force the club's current owners to sell. The $476 million bid from New ... (Source: CNN Sports Illustrated 2010-10-07T15:26:23Z)

NYT: Adobe, Microsoft executives discussed sale of Adobe to Microsoft

The chief executives of software makers Adobe Systems and Microsoft discussed the possibility of Microsoft acquiring Adobe to take on Apple in the mobile-phone market, according to a report by the New York Times. Microsoft CEO Steve Ballmer and Adobe CEO ... (Source: Reuters 2010-10-07T21:45:46Z)

Citigroup selling $1.6b in assets to GE capital

NEW YORK — Citigroup is selling $1.6 billion in retail sales finance assets to GE Capital as the bank continues to restructure its business to focus on core consumer banking operations. The assets being sold to GE consist of consumer financing portfolios ... (Source: Cape Cod Times 2010-10-07T06:15:12Z)

Coakley backs sale of Caritas Health

BOSTON (AP) -- Attorney General Martha Coakley says she'll back the sale of the nonprofit Caritas Christi Health Care System to a private equity firm under conditions that protect the quality of care, and maintain jobs. Coakley announced yesterday that ... (Source: Lowell Sun 2010-10-07T10:47:13Z)

Regeneron Pharma Reveals Sale Of 4.5 Mln Shares Of Common Stock - Quick Facts

(RTTNews) - Regeneron Pharmaceuticals, Inc. (REGN: News ) Wednesday said it plans to offer 4.5 million shares of its common stock pursuant to an underwriting agreement with Citi acting as the sole bookrunner. The company expects to use the net proceeds ... (Source: RTT News 2010-10-06T20:35:22Z)

Soccer-Liverpool sale worth 300 million pounds - chairman

MANCHESTER, England Oct 6 (Reuters) - The Liverpool board has agreed to sell the Premier League club to New England Sports Ventures (NESV) for 300 million pounds ($477.6 million), chairman Martin Broughton said on Wednesday. Current owners Tom Hicks and ... (Source: Reuters 2010-10-06T11:17:02Z)

NCR, Universal in kiosk deal

New Universal Pictures movies will be available at NCR Corp. 's Blockbuster Express DVD-rental kiosks just 28 days after first release. Starting now, Universal will directly supply NCR with new release DVD and Blu-ray titles, beginning with Robin Hood ... (Source: Atlanta Business Chronicle 2010-10-06T19:38:06Z)

NCR Inks Pact With Universal Studios Home Entertainment On Rental Availability At ...

(RTTNews) - NCR Corp. (NCR: News ) Wednesday said the company and Universal Studios Home Entertainment reached an agreement that would make new release titles from Universal available at NCR's BLOCKBUSTER Express DVD-rental kiosks 28 days after initial ... (Source: RTT News 2010-10-06T20:06:44Z)

RFK's copy of Emancipation Proclamation up for sale

A copy of the Emancipation Proclamation signed by President Lincoln and bought by the late Robert F. Kennedy is being offered for sale and could bring as much as $1.5 million. The late senator and brother of President John F. Kennedy bought the copy ... (Source: Chicago Sun-Times 2010-10-07T08:59:50Z)

Peruvian novelist Mario Vargas Llosa wins Nobel Prize for Literature

NEW YORK -- Like some other recent Nobel literary laureates, Mario Vargas Llosa, the prolific Peruvian novelist, essayist and playwright and former center-right presidential candidate, has been known as much for his controversial political views as for his ... (Source: Sacramento Bee 2010-10-07T23:33:09Z)

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