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, 8:40 pm

China Telecom may be in talks to offer iPhone: report

China Telecom, the smallest of China's three wireless carriers, may become the second Chinese operator to offer Apple's popular iPhone after an exclusive agreement with one of its rivals expires, a Deutsche Bank analyst note said. China Unicom, the nation ... (Source: msnbc.com 2010-10-08T03:07:54Z)

Phoenix Sells A Shell Company, Announces New Line Of Annuities

The Phoenix Cos. completed a sale this week of a shell company licensed to sell insurance products in New York to a former unit of the Hartford-based life insurer and wealth management company. Philadelphia Financial bought Phoenix Life and Reassurance Co ... (Source: Hartford Courant (blog) 2010-10-08T15:03:43Z)

Oberoi Realty IPO Gets Bids Over 12 Times Shares On Offer

MUMBAI -(Dow Jones)- Oberoi Realty Ltd.'s initial share sale to raise up to INR10.29 billion ($231.6 million) has received bids more than 12 times the shares on offer before subscriptions closed Friday, buoyed mainly by demand from institutional investors ... (Source: FOXBusiness 2010-10-08T14:49:24Z)

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)

Buffalo trades Lynch

Buffalo Bills running back Marshawn Lynch was traded to Seattle on Tuesday, and the Seahawks made room for him by releasing Julius Jones. The Bills said they will receive undisclosed draft picks for Lynch. Buffalo's move to deal Lynch clears the way for ... (Source: Raleigh News & Observer 2010-10-06T05:54:54Z)

Iran Seeks to Export Gas to Lebanon, Revamp Refineries

Oct. 7 (Bloomberg)-- Iran and offered to rehabilitate Lebanon's refineries and invest in water projects and gas supplies in the east Mediterranean country and officials from the two countries will discuss the offer today, the Lebanese energy minister's ... (Source: BusinessWeek 2010-10-07T13:17:32Z)

Murdered Kansas abortion doctor's clinic for sale

(AP) WICHITA, Kan. - 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 ... (Source: WHEC TV-10 2010-10-08T13:16:21Z)

U.A.E. 'Optimistic' on Reaching Deal on BlackBerry

(Adds Saudi, India resolution in fourth paragraph.) Sept. 26 (Bloomberg) -- The United Arab Emirates is "very optimistic" about reaching a deal with Research in Motion Ltd. to solve a dispute about BlackBerry services in the country, the secretary ... (Source: BusinessWeek 2010-09-26T10:38:47Z)

'Outspoken' Rodgers OK with no deal for Lynch

GREEN BAY (AP) — For a player who chooses his words carefully, Green Bay Packers quarterback Aaron Rodgers is having a fairly outspoken week. First, the Green Bay quarterback publicly disagreed with his team's offensive game plan in a narrow victory ... (Source: Eau Claire Leader-Telegram 2010-10-07T05:10:46Z)

Iranian-Funded Media Machine Reaches Farther and Wider

The Iranian government, which arms, trains and funds terrorist groups targeting the U.S., the EU and Israel, is making major advances with its international communications effort. Its investment in domestic, international and overseas propaganda is ... (Source: Newsblaze.com 2010-10-08T19:14:16Z)

Cytori Therapeutics Proposes Common Stock Public Offering - Quick Facts

(RTTNews) - Cytori Therapeutics Inc. (CYTX: News ) said it intends to offer and sell shares of its common stock in an underwritten public offering. The offering is subject to market conditions and there can be no assurance as to whether or when the ... (Source: RTT News 2010-10-06T23:55:48Z)

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)

Cytori Therapeutics to offer $18 million in stock

Cytori Therapeutics Inc. said Friday it is publicly offering $18 million worth of common stock at discount, sending shares lower in premarket trading. The company is offering 4 million shares at $4.50 apiece, marking a 15.7 percent discount to its closing ... (Source: AP - msnbc.com 2010-10-08T12:47:43Z)

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)

Firm buys NY company, moves to top of Liberty Place

That vacant former Cigna Inc. suite on the 54th floor of One Liberty Place has a new tenant: Philadelphia Financial, a $3.5 billion-asset insurer of private-placement investments and life insurance for rich people, has taken the space for its headquarters ... (Source: Philadelphia Daily News 2010-10-07T23:33:09Z)

UPDATE 1-China Telecom may be in talks to offer iPhone-report

HONG KONG Oct 8 (Reuters) - China Telecom ( 0728.HK ), the smallest of China's three wireless carriers, may become the second Chinese operator to offer Apple's ( AAPL.O ) popular iPhone after an exclusive agreement with one of its rivals expires, a ... (Source: Reuters 2010-10-08T03:00:44Z)

CDMA iPhone: Apple and China Telecom in Talks

We have some more word on that CDMA iPhone that is hitting the rumour mill today. Apparently as soon as China Unicom's exclusivity deal with Apple for the iPhone runs out sometime next year, China Telecom wants to offer the iPhone to their customers ... (Source: Phones Review 2010-10-08T07:54:14Z)

Cytori Therapeutics plans to sell shares of common stock; offering details not yet specified

SAN DIEGO - Cytori Therapeutics Inc. on Thursday said it plans to sell common shares in a public offering. The company, which makes products used in adult stem cell harvesting and research, did not detail the size or terms of the offering, which will be ... (Source: Minneapolis Star Tribune 2010-10-07T20:48:30Z)

UAE, BlackBerry resolve dispute, but terms unclear

The United Arab Emirates on Friday backed off a threat to cut key BlackBerry services, just days before a planned ban that could have harmed the country's business-friendly reputation. The last-minute decision ended more than two months of brinksmanship ... (Source: SecurityInfoWatch 2010-10-08T17:05:25Z)

BlackBerry wins UAE reprieve; looming ban halted

DUBAI, United Arab Emirates -- The United Arab Emirates backed off a threat to cut key services on BlackBerry smart phones Friday, just days before the ban was set to take effect. The Gulf federation, home to the region's business hub and largest airport ... (Source: KABC 2010-10-08T20:11:32Z)

India Auto Industry Body: Expect This Fiscal Year Total Vehicle Sales Up 18%-20%

MUMBAI -(Dow Jones)- The Society of Indian Automobile Manufacturers Friday raised its vehicle sales growth forecast for the current financial year through March 2011 to between 18% and 20% from 13%-15% projected earlier. Car sales are expected to grow 21% ... (Source: Smart Money 2010-10-08T06:42:39Z)

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)

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

WICHITA, Kan. - 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 ... (Source: Minneapolis Star Tribune 2010-10-07T23:54:37Z)

Patriots trade Randy Moss to Vikings

F OXBORO - The Patriots [ team stats ] have traded star receiver Randy Moss to the Minnesota Vikings, the team confirmed today, completing a mega deal that just a few days ago seemed implausible. Now, it is reality. The Patriots have received a 2011 third ... (Source: Boston Herald 2010-10-07T02:54:46Z)

Indian Rupee Hits 25-Month High Ahead Of Large Share Sale; Bonds Down

MUMBAI (Dow Jones)--The Indian rupee rose to a 25-month high against the U.S. dollar Thursday, boosted by a rally in the European common currency and positioning ahead of the country's largest share sale, but pared some gains as local stocks ended in the ... (Source: Wall Street Journal 2010-10-07T12:27:26Z)

Vikings and Patriots in talks: Randy Moss asked for trade

F OXBORO - Feeling unwanted in New England, wide receiver Randy Moss had his agent call the Patriots [ team stats ] following Week 1 and ask for a trade, the Herald has learned. The request caught coach Bill Belichick off-guard, but the Patriots have been ... (Source: Boston Herald 2010-10-06T17:14:57Z)

NFL notebook: Seattle acquires Marshawn Lynch

Bills send RB Lynch to Seahawks: Bills running back Marshawn Lynch was traded to Seattle on Tuesday, and the Seahawks made room for him by releasing Julius Jones. The Bills said they will receive undisclosed draft picks for Lynch. Buffalo's move to deal ... (Source: Tulsa World 2010-10-06T07:27:58Z)

Phoenix Sells A Shell Company, Announces New Line Of Annuities [The Hartford Courant, Conn.]

Oct. 08--The Phoenix Cos. completed a sale this week of a shell company licensed to sell insurance products in New York to a former unit of the Hartford-based life insurer and wealth management company. Philadelphia Financial bought Phoenix Life and ... (Source: Insurance News Net 2010-10-08T04:33:48Z)

Iran Ready To Supply Natural Gas To Lebanon

Iran has offered to revamp Lebanon's refineries as well as invest in gas and water projects in the country. A senior adviser to Lebanon's energy minister said that representatives from the two countries will meet today to talk about the offer. Majid Namjoo ... (Source: Transworld News 2010-10-07T16:37:58Z)

Patriots, Vikings take smart business approach to Moss deal

Those words held meaning, in part, because changing anything at the Raiders was rather difficult and rare. However, in New England, the Patriots don't mind change, don't mind making tough decisions, and they only worry about doing what is best for their ... (Source: NFL 2010-10-09T00:50:42Z)

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