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 8, 2010, 7:40 pm

Silgan Plans To Buy Back Up To About $247 Mln Of Stock - Quick Facts

(RTTNews) - Silgan Holdings Inc. (SLGN: News ) said Thursday that it plans to purchase up to $175 million of its common stock through a "modified Dutch Auction" tender offer. Silgan said it plans to commence the tender offer on or about October 8. The ... (Source: RTT News 2010-10-07T23:47:28Z)

Adobe Pares Gains as Microsoft Deal Speculation Ebbs

(Updates share price in sixth paragraph.) Oct. 8 (Bloomberg) -- Adobe Systems Inc. shares gave up part of yesterday's surge as speculation diminished that the company may be bought by Microsoft Corp. Microsoft Chief Executive Officer Steve Ballmer ... (Source: BusinessWeek 2010-10-08T20:18:41Z)

Web Site to Offer Health Advice, Some of It From Marketers

THE expression "sharing is caring" was coined long before the Internet and social media like Facebook and Twitter made it easier for information, opinions and advertising to be shared among multitudes. Starting on Thursday, the Web site Sharecare.com ... (Source: Star-Banner 2010-10-08T09:27:17Z)

Romanee-Conti Lifts Sotheby's Hong Kong Wine Sale to Record $13.8 Million

Burgundy's Domaine de la Romanee- Conti led Sotheby's two-day wine sale in Hong Kong, where Asian buyers branched out from top Bordeaux labels like Chateau Lafite Rothschild to extend their dominance in the global wine market. The auctions tallied HK$ ... (Source: Bloomberg 2010-10-03T16:14:05Z)

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)

Nokia Siemens Networks says has won 17 LTE deals

HELSINKI, Oct 5 (Reuters) - Telecom equipment maker Nokia Siemens Networks has won 17 orders for new LTE network equipment, with six customers of these still unpublished, a spokesman for the company said on Tuesday. Nokia Siemens is battling key rivals ... (Source: The Guardian 2010-10-05T08:47:53Z)

Biz Break: Tech 'frenemies': Adobe vs. Apple vs. Google vs. Microsoft

Today: Would Microsoft buy Adobe? "No comment," Steve Ballmer says. Plus: U.S. jobs report. BofA suspends foreclosure sales in all 50 states. The Dow climbs above 11,000. Adobe stock slides back Adobe Systems stock gave back some of yesterday's gain ... (Source: San Jose Mercury News 2010-10-08T20:18:41Z)

Former NY Comptroller Admits Taking $1 Million In Kickback Scheme

Albany, NY, United States (AHN) - Former New York State Comptroller Alan Hevesi has pleaded guilty to accepting gifts in return for $250 million worth of investments from the state pension fund. Hevesi admitted to receiving nearly $1 million in gifts from ... (Source: All Headline News 2010-10-08T12:47:43Z)

New York Negotiaing Plea Deal with Ex-Comptroller

ALBANY -- New York Attorney General Andrew Cuomo's office said in an e-mailed statement Tuesday night that it hasn't reached an agreement with former state Comptroller Alan Hevesi, who it said remains under investigation. The New York Times reported ... (Source: NewsMax.com 2010-09-29T02:49:56Z)

'For sale' sign posted outside closed clinic of murdered Kan. late-term abortion doctor

WICHITA, Kan. (AP) — A "for sale" sign has been posted outside the Kansas medical clinic formerly operated by murdered abortion provider Dr. George Tiller . Tiller was among the few late-term abortion providers in the U.S. before he was fatally shot in ... (Source: Chicago Tribune 2010-10-08T13:02:02Z)

Samsung faces weak outlook on flat screens, TVs

Samsung Electronics Co's disappointing earnings guidance sparked slowdown worries as prices of its key products slide, hitting shares and ending the technology group's run of record quarterly performances. The world's largest memory chipmaker, which has a ... (Source: msnbc.com 2010-10-07T22:07:15Z)

Kharafi gets backing for $12 billion Etisalat deal

KUWAIT (Reuters) - Kharafi Group has received the backing of enough Zain ( ZAIN.KW ) shareholders to sell 46 percent of the Kuwaiti telecommunications group to Etisalat ( ETEL.AD ), clearing at least one hurdle in sealing the $12 billion deal. Emirates ... (Source: Reuters 2010-10-07T12:05:57Z)

Wells Fargo to offer mortgage relief to Florida borrowers

More than 4,000 Florida homeowners will be eligible for loan modifications and mortgage-balance forgiveness totaling nearly $388 million under an agreement Wells Fargo Bank reached with eight states, Florida Attorney General Bill McCollum said Wednesday ... (Source: TradingMarkets.com 2010-10-07T15:55:01Z)

Murdered Kansas abortion doctor's clinic for sale

Thursday, Oct. 7, 2010 | 5:23 p.m. A "for sale" sign has been posted outside the Kansas medical clinic formerly operated by murdered abortion provider Dr. George Tiller. Tiller was among the few late-term abortion providers in the U.S. before he was ... (Source: Las Vegas Sun 2010-10-08T00:37:34Z)

Plea bargain for comptroller who got corrupt $1M

Former state Comptroller Alan Hevesi yesterday pulled back the curtain on Albany's sleaze and dirty deals as he revealed in court how he turned his public office into the capital of corruption. Speaking in Manhattan Supreme Court, Hevesi detailed how he ... (Source: New York Post 2010-10-08T04:48:07Z)

UPDATE 1-Ericsson, Huawei win deal for Bharti Bangladesh ops

NEW DELHI Oct 7 (Reuters) - India's Bharti Airtel ( BRTI.BO ) will partner telecom gear makers Ericsson ( ERICb.ST ) and Huawei [HWT.UL] to expand and manage its mobile network in Bangladesh, where it took control of a mobile carrier this year. Bharti said ... (Source: Reuters 2010-10-07T08:38:22Z)

State announces deal with Wachovia over bum mortgages

People in Washington and seven other states who had mortgages they could basically never pay off from Wachovia Bank and Golden West. Corp. would be eligible to change the terms of their deal, Attorney General Rob McKenna said Wednesday. Godlen West did ... (Source: Seattle Post Intelligencer 2010-10-06T17:29:16Z)

Samsung Galaxy Tab on sale in UK on November 1, will be available from all major carriers

Need some hot new hardware to offset the onset of another miserly winter? Samsung wants the Galaxy Tab to be the thing that keeps you warm and fuzzy over the holidays and has just announced a November 1 launch date for its tablet in the United Kingdom. All ... (Source: engadget 2010-10-01T11:15:48Z)

Entry into a Material Definitive Agreement, Other Events, Financial Statement

Item 1.01. Entry into a Material Definitive Agreement. On October 7, 2010, prior to announcing its intention to commence a "modified Dutch Auction" tender offer to purchase shares of its common stock, par value $0.01, for an aggregate purchase price of up ... (Source: YAHOO! 2010-10-08T13:16:21Z)

Romanee-Conti Lifts Sotheby's $13.8 Million Hong Kong Wine Sale

Oct. 4 (Bloomberg) -- Burgundy's Domaine de la Romanee- Conti led Sotheby's two-day wine sale in Hong Kong, where Asian buyers branched out from top Bordeaux labels like Chateau Lafite Rothschild to extend their dominance in the global wine market. The ... (Source: BusinessWeek 2010-10-03T16:14:05Z)

Wells Fargo Pays $24M to End Probe

The time is out of joint for Wells Fargo & Co. . The company has agreed to pay up $24 million to settle a probe by eight states about a mortgage marketing practice of its acquired company, Wachovia. The states alleged a lack of transparency in the loan ... (Source: Yahoo Finance 2010-10-08T13:02:02Z)

Can tech make us healthier?

SAN LEANDRO, Calif.--While it's unlikely that we can tweet our way out of the obesity epidemic, social media does offer some opportunities to shift some of the factors that have led to our society's expanding waistlines. Already there are plenty of ... (Source: CNET News 2010-10-08T11:00:20Z)

CORRECTED - UPDATE 2-Kharafi gets backing for $12 bln Etisalat deal

* Zain shares close up 1.49 percent at 1.36 dinars * NIC shares close up 5.26 percent at 0.5 dinars KUWAIT, Oct 7 (Reuters) - Kharafi Group has received the backing of enough Zain ( ZAIN.KW ) shareholders to sell 46 percent of the Kuwaiti ... (Source: Reuters UK 2010-10-07T10:18:35Z)

AT&T and eCardio Diagnostics Team Up to Advance Cardiac Care Through Innovative Mobile ...

HOUSTON, Oct 07, 2010 /PRNewswire via COMTEX/ -- AT&T* and eCardio Diagnostics, one of the leading providers of arrhythmia monitoring solutions, today announced the combination of mobile technology with cardiac care to provide leading edge monitoring ... (Source: TMCnet 2010-10-07T18:11:01Z)

Sotheby's breaks Asian art sales record in Hong Kong

HONG KONG (Reuters) - Global auction house Sotheby's notched up its best ever sales tally for an Asian auction series in Hong Kong on Friday, hammering off HK$3.08 billion ($400 million) worth of Asian art, jewellery, wine and watches. The strong results ... (Source: Reuters India 2010-10-08T12:04:46Z)

Silgan Holdings buying back up to $175M of stock

Silgan Holdings Inc., a company that makes packaging for consumer goods, said Friday it will buy back up to $175 million of its own stock. Silgan will buy the shares in a so-called "modified Dutch Auction," in which the per-share offer is set by a bidding ... (Source: AP - msnbc.com 2010-10-08T12:54:52Z)

Samsung Announces Strong Sales for Galaxy S Smartphone

South Korean electronics giant Samsung said on Wednesday that it has sold over 5 million Galaxy S smartphone handsets since its June launch, putting the smartphone on track to challenge bigger rivals like Apple Inc. Samsung also introduced a new ... (Source: Redorbit.com 2010-10-06T17:29:16Z)

Murdered Kansas abortion doctor's clinic for sale

A "for sale" sign has been posted outside the Kansas medical clinic formerly operated by murdered abortion provider Dr. George Tiller. Tiller was among the few late-term abortion providers in the U.S. before he was fatally shot in his church last year by ... (Source: AP - msnbc.com 2010-10-08T12:54:52Z)

RPT-UPDATE 4-Major Zain shareholder backs Etisalat offer

National Investments Co ( NINV.KW ), owned by Kharafi Group, said on Thursday one of its portfolio clients, Al Khair National -- another Kharafi unit and the holding firm for the Zain stake -- would gather the required percentage of shares for the deal ... (Source: Reuters 2010-09-30T11:59:56Z)

Ericsson, Huawei win deal for Bharti Bangladesh operations

Bharti Airtel will partner telecom gear makers Ericsson and Huawei to expand and manage its mobile network in Bangladesh, where it took control of a mobile carrier this year. Bharti said it would not share financial details of the contracts with Ericsson ... (Source: Daily News and Analysis 2010-10-07T10:25:44Z)

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