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 / July 2, 2010, 11:12 pm

Bucks make quick free agency splash, agree to deal with free agent PF Drew Gooden

MILWAUKEE - Everyone who thought the Milwaukee Bucks would be among the most active teams on the first day of NBA free agency, please raise your hands. The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent ... (Source: Minneapolis Star Tribune 2010-07-02T06:15:42Z)

BP shares post 1st weekly gain since blast

NEW YORK — BP shares posted a better than 8 percent gain this week, the first weekly increase since an April explosion on a BP-operated triggered a massive Gulf oil spill. The first of two relief wells that are given the surest chance of plugging BP PLC's gushing well is on target to be finished ... (Source: Huffingtonpost.com 2010-07-02T20:13:13Z)

BP shares score 1st weekly gain since Gulf oil spill began; lost market value still huge

NEW YORK (AP) — BP shares posted a better than 8 percent gain this week, the first weekly increase since an April explosion on a BP-operated triggered a massive Gulf oil spill . The first of two relief wells that are given the surest chance of plugging BP PLC's gushing well is on target to be ... (Source: Chicago Tribune 2010-07-02T20:20:23Z)

Roche Infected With Spirit of Innovation as Genentech Transforms Drugmaker

When Roche Holding AG executives held an investor-day briefing in New York in March, Morgan Stanley analyst Andrew Baum had a question that had nothing to do with new drugs, licensing deals or health-care legislation. "Did the Genentech team hide the ties of the Roche executives?" he asked ... (Source: Bloomberg 2010-06-30T23:57:30Z)

India's gay community celebrates anniversary of landmark verdict decriminalizing ...

MUMBAI, India (AP) — Hundreds of Indian gay rights activists and their supporters celebrated the first anniversary Friday of a landmark court ruling decriminalizing homosexuality and marking their gradual acceptance in ... (Source: FOX News 2010-07-02T18:11:32Z)

Flying high: Google hopes to steer more airline bookings with $700M purchase of ITA ...

SAN FRANCISCO - Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The ... (Source: Minneapolis Star Tribune 2010-07-01T22:01:47Z)

India Official: May Consider Stake Sale in IOC, ONGC

BANGALORE -- The Indian government may consider selling a stake in state-run Indian Oil Corp. and Oil & Natural Gas Corp., Oil Secretary S. Sundareshan said Friday. "There won't be a handing over of government control but there is scope for a small divestment in these companies," Mr. Sundareshan ... (Source: Wall Street Journal 2010-07-02T11:23:30Z)

Forward Alex Tanguay signs with Calgary

CALGARY, Alberta -- Well-traveled forward Alex Tanguay is on his way back to Calgary, agreeing to a one-year deal Thursday with the Flames. Tanguay previously spent two seasons in Calgary, where he had a career-best 81 ... (Source: Washington Post 2010-07-02T00:39:16Z)

Swiss Roche Embraces Genentech Cool to Keep Drug Pipeline Lusty

July 2 (Bloomberg) -- When Roche Holding AG executives held an investor-day briefing in New York in March, Morgan Stanley analyst Andrew Baum had a question that had nothing to do with new drugs, licensing deals or health-care legislation. "Did the Genentech team hide the ties of the Roche ... (Source: BusinessWeek 2010-07-01T22:59:03Z)

Tap Tap Magic: Disney acquires iPhone game maker Tapulous

L OS ANGELES — Walt Disney has acquired Tapulous, the maker of the popular iPhone play-along music game Tap Tap Revenge. Steve Wadsworth, president of the Disney Interactive Media Group, confirmed the deal with The ... (Source: Boston Herald 2010-07-01T22:59:03Z)

German criticism hits bank stress tests - sources

HANOVER/FRANKFURT, July 2 (Reuters) - Rising criticism in Germany over assumed potential "haircuts" for European bank holdings of sovereign debt is complicating planned EU stress tests, regulatory and financial sources told Reuters. German banks, backed by the Bundesbank, are balking at an across ... (Source: The Guardian 2010-07-02T12:13:37Z)

Minnesota Wild sign pair of prospects, center Warren Peters and defenseman Drew Bagnall

ST. PAUL, Minn. (AP) — The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The deals were announced Friday. Peters gets a two-year deal and Bagnall gets a one-year deal. Both players signed two-way contracts, meaning they make less money when they ... (Source: WGNtv.com 2010-07-02T19:15:57Z)

Disney acquires Tapulous, maker of popular iPhone game Tapulous

LOS ANGELES (AP) — Walt Disney has acquired Tapulous, the maker of the popular iPhone play-along music game Tap Tap Revenge. Steve Wadsworth, president of the Disney Interactive Media Group, confirmed the deal with The ... (Source: Fort Lauderdale Sun-Sentinel 2010-07-01T22:08:56Z)

SAP Extends Sybase Bid, Awaits EU Clearance

German business software maker SAP AG said Friday that it has extended its $5.8 billion tender offer for U.S. database software maker Sybase Inc. because the deal hasn't yet been cleared by European regulators. SAP said the offer of $65 per share, which was scheduled to expire July 1, has now been ... (Source: ABC News 2010-07-02T12:49:24Z)

Flames go against conventional wisdom with Jokinen deal

CALGARY — If Calgary Flames general manager Darryl Sutter's love for Olli Jokinen was unconditional, why did he ever trade the big centre last season? It was a question Sutter was not willing to answer Thursday after ... (Source: Calgary Herald 2010-07-02T05:32:45Z)

Canucks sign sought after D Hamhuis to six-year deal

VANCOUVER, British Columbia -- Highly sought after free agent defenseman Dan Hamhuis finally found a home - close to home - with the Vancouver Canucks. Twice traded since the end of the season to teams hoping to sign the ... (Source: Washington Post 2010-07-02T04:06:51Z)

Free-agent forward Alex Tanguay signs 1-year deal with Calgary Flames

CALGARY, Alberta (AP) — Well-traveled forward Alex Tanguay is on his way back to Calgary, agreeing to a one-year deal Thursday with the Flames. Tanguay previously spent two seasons in Calgary, where he had a career ... (Source: Los Angeles Times 2010-07-02T00:39:16Z)

Minnesota Wild sign prospects Warren Peters and Drew Bagnall to contracts

ST. PAUL, Minn. - The Minnesota Wild have signed a pair of prospects, centre Warren Peters and defenceman Drew Bagnall. The deals were announced Friday. Peters gets a two-year deal and Bagnall gets a one-year deal. Both players signed two-way contracts, meaning they make less money when they're in ... (Source: FAN 590 Toronto 2010-07-02T19:37:26Z)

Best Practices LLC Report Delivers Key Metrics Behind Building and Maintaining an Effective Medical Science Liaison Group

CHAPEL HILL, N.C. , July 2 -- Pharmaceutical and biotechnology organizations are increasingly relying on Medical Science Liaisons to share their products' science story with Key Opinion Leaders. Not only have organizations found these medical specialists are more likely than traditional sales ... (Source: Earthtimes 2010-07-02T15:12:34Z)

Canucks sign sought after defenseman Hamhuis to 6-year deal

VANCOUVER, British Columbia -- Highly sought after free agent defenseman Dan Hamhuis finally found a home -- close to home -- with the Vancouver Canucks . Twice traded since the end of the season to teams hoping to sign ... (Source: CBS Sports 2010-07-02T02:55:16Z)

Google's ITA Acquisition to Face Scrutiny, UBS Says

Google's $700 million takeover of flight-information provider ITA Software is likely to face regulatory scrutiny because of Google's large market share in Internet search, UBS analyst Brian Pitz said Friday Google's ... (Source: San Jose Mercury News 2010-07-03T03:44:11Z)

UPDATE: EU Exploring Feasibility Of Financial Transaction Tax

BRUSSELS -(Dow Jones)- The European Commission said Friday it is exploring the possibility of taxing financial transactions in Europe, despite the slim chances of a global agreement. The commission is also looking at the possibility of a tax on the profits and assets of financial companies, it said ... (Source: NASDAQ 2010-07-02T13:18:02Z)

Wild sign prospects Peters, Bagnall

ST. PAUL, Minn. -- The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The deals were announced Friday. Peters gets a two-year deal and Bagnall gets a one-year deal. Both players signed two-way contracts, meaning they make less money when they're in ... (Source: Forbes 2010-07-02T19:23:07Z)

Canucks sign D Hamhuis to 6-year deal

VANCOUVER - Dan Hamhuis (notes) turned down more money from other teams for a chance to play at home and maybe win a Stanley Cup. The free-agent defenseman agreed to a US$27-million, six-year deal with the Vancouver ... (Source: YAHOO! 2010-07-02T01:43:41Z)

Total CEO says not mulling BP deal

AFP - Total chief executive Christophe de Margerie said Friday that the French oil group was not considering buying its embattled rival BP, whose market value has dropped by half over the Gulf of Mexico oil spill. "We are not looking into buying BP," Margerie told journalists at an economics ... (Source: France 24 2010-07-02T19:23:07Z)

Bucks agree to deal with free agent PF Gooden

The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent Stu Lash told The Associated Press that Gooden agreed to sign with the Bucks for the mid-level exception. Gooden is represented by Lash and Dan Fegan ... (Source: Atlanta Journal Constitution 2010-07-01T23:34:50Z)

India gays celebrate 1 year since landmark verdict

MUMBAI, India (AP) ---- Hundreds of Indian gay rights activists and their supporters celebrated the first anniversary Friday of a landmark court ruling decriminalizing homosexuality and marking their gradual acceptance ... (Source: North County Times 2010-07-03T04:55:46Z)

Report: Bucks, Salmons agree to $40M deal

Another day, another deal for the Milwaukee Bucks , who have suddenly become one of the biggest buyers during the most-hyped free agency period in NBA history. The greatest free-agent class in NBA history is listening to offers and choosing teams. Keep up with all the latest news and rumors . The ... (Source: FOXSports.com 2010-07-02T22:36:23Z)

Google muscles into travel market, buys airfare search firm

SAN FRANCISCO — Google Inc . plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web ... (Source: USA Today 2010-07-02T08:38:52Z)

UPDATE 1-Disney buys iPhone game maker Tapulous

SAN FRANCISCO July 1 (Reuters) - Walt Disney Co ( DIS.N ) said on Thursday it has acquired startup iPhone app developer Tapulous, as the company continues its push into mobile games. Terms of the deal were not disclosed ... (Source: Reuters 2010-07-01T22:44:44Z)

Deals of the Hour / July 2, 2010, 10:11 pm

Canucks sign sought after D Hamhuis to 6-year deal

VANCOUVER, British Columbia -- Highly sought after free agent defenseman Dan Hamhuis has finally found a home with the Vancouver Canucks. Twice traded since the end of the season to teams hoping to sign the talented defenseman, Hamhuis reached a six-year, $27 million deal with the Canucks on ... (Source: Washington Post 2010-07-01T21:11:40Z)

Texas mom who dismembered baby not guilty by reason of insanity, will be committed ...

A San Antonio woman who told authorities the devil made her mutilate and dismember her newborn has been found not guilty by reason of insanity in a plea deal with prosecutors. The Thursday ruling means 33-year-old Otty ... (Source: FOX News 2010-07-01T22:01:47Z)

Interview: Disney's Steve Wadsworth On Tapulous, Android & Mobile Money

What is it with Disney ( NYSE: DIS ) and summer game deals? Three years ago, Disney Interactive acquired sought-after virtual world Club Penguin for $350 million, looking for a path into a growing online game area. Now ... (Source: Yahoo Finance 2010-07-02T00:24:57Z)

From the News-Sentinel

Money is flying around in free agency, and LeBron James and the A-listers haven't even started getting paid. James, Dwyane Wade and Chris Bosh only got visitors Thursday. Rudy Gay got rich. Gay scored the first big deal of the free agency period, agreeing to a five-year contract with the Memphis ... (Source: FortWayne.com 2010-07-02T09:50:27Z)

Data stolen from American Airlines

FORT WORTH, Texas — American Airlines parent company said Friday the personal information of about 79,000 retirees, former and current employees has been compromised after a hard drive was stolen from its Fort Worth ... (Source: Deseret News 2010-07-03T03:22:43Z)

Bucks agree to deal with free agent PF Gooden

The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent Stu Lash told The Associated Press that Gooden agreed to sign with the Bucks for the mid-level exception. Gooden is represented by Lash and Dan Fegan ... (Source: Atlanta Journal Constitution 2010-07-01T23:34:50Z)

Free-agent buzz: Johnson gets max offer

The Atlanta Hawks offered Joe Johnson a six-year, $119 million contract Thursday morning, and sources close to the All-Star guard expect him to accept the max deal soon. The Hawks moved quickly at midnight ET to try to secure their franchise star and offered the contract that Johnson's agent Arn ... (Source: YAHOO! 2010-07-02T18:25:51Z)

Google's Flight Search Dreams: Q&A

Google hopes to offer robust flight search capabilities in the future, including detailed information about schedules, availability, and prices. To that end, Google announced on Thursday that it wants to purchase ITA ... (Source: YAHOO! 2010-07-02T19:15:57Z)

UPDATE 1-Disney buys iPhone game maker Tapulous

SAN FRANCISCO July 1 (Reuters) - Walt Disney Co ( DIS.N ) said on Thursday it has acquired startup iPhone app developer Tapulous, as the company continues its push into mobile games. Terms of the deal were not disclosed ... (Source: Reuters 2010-07-01T22:44:44Z)

Conman guilty of Ritz sale scheme

A jobless lorry driver has been convicted of trying to sell the Ritz Hotel for £250 million in an ambitious scam based on "one great big lie". He chose his mark well, finding victims who were interested in the high-stakes world of trophy properties and sucking them in with false promises until they ... (Source: The Guardian 2010-07-02T12:35:05Z)

Canucks sign sought after defenseman Hamhuis to 6-year deal

VANCOUVER, British Columbia -- Highly sought after free agent defenseman Dan Hamhuis finally found a home -- close to home -- with the Vancouver Canucks . Twice traded since the end of the season to teams hoping to sign the talented defenseman, Hamhuis reached a six-year, $27 million deal with the ... (Source: CBS Sports 2010-06-30T23:57:30Z)

Detroit signs former Lions cornerback and unrestricted free agent Dre Bly to 2-year deal

DETROIT (AP) — Former Pro Bowl cornerback Dre' Bly is returning to Detroit. The Lions said Friday that the unrestricted free agent has signed a two-year deal. Additional terms weren't released. Bly spent four seasons in Detroit after signing as an unrestricted free agent in 2003. He made the Pro ... (Source: Chicago Tribune 2010-07-02T17:57:13Z)

Bucks make quick free agency splash, agree to deal with free agent PF Drew Gooden

MILWAUKEE - Everyone who thought the Milwaukee Bucks would be among the most active teams on the first day of NBA free agency, please raise your hands. The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent ... (Source: Minneapolis Star Tribune 2010-07-02T06:15:42Z)

Texas mom who dismembered baby not guilty by reason of insanity, will go to state institution

A San Antonio woman who told authorities the devil made her mutilate and dismember her newborn was found not guilty by reason of insanity Thursday, in a deal that sends her to a state mental institution rather than to ... (Source: FOX News 2010-07-01T23:56:19Z)

CB Dre Bly returns to Lions with two-year deal

Cornerback Dre Bly, a bright spot during the Lions' dark years of the past decade, heard the atmosphere had changed since his departure in 2007. Now, he gets a chance to see if that's true, signing a two-year deal with ... (Source: Detroit News 2010-07-03T01:42:30Z)

ITA Software is used in the airline travel industry

Google recently announced that it made an offer to buy travel search software firm ITA Software . ITA provides the airline flight information used by Google's search competitors. The deal is valued at $700 million making ... (Source: DailyTech 2010-07-03T04:19:59Z)

BP shares score 1st weekly gain since Gulf oil spill began; lost market value still huge

NEW YORK (AP) — BP shares posted a better than 8 percent gain this week, the first weekly increase since an April explosion on a BP-operated triggered a massive Gulf oil spill . The first of two relief wells that are given the surest chance of plugging BP PLC's gushing well is on target to be ... (Source: Chicago Tribune 2010-07-02T20:20:23Z)

AMR To Offer One Year Free Credit Monitoring To Certain Retirees And Employees ...

(RTTNews) - AMR Corp. (AMR: News ) said it has sent letters to potentially affected retirees, former employees, and a limited number of current employees about a compromise of certain personal information. Last month ... (Source: RTT News 2010-07-02T20:06:04Z)

Canucks land big free agent prize, sign D Dan Hamhuis to 6-year deal

VANCOUVER, British Columbia (AP) — Highly sought after free agent defenseman Dan Hamhuis has finally found a home with the Vancouver Canucks . Twice traded since the end of the season to teams hoping to sign the talented defenseman, Hamhuis reached a six-year, $27 million deal with the Canucks on ... (Source: Chicago Tribune 2010-07-01T21:18:50Z)

Disney acquires Tapulous, maker of popular iPhone game Tapulous

LOS ANGELES (AP) — Walt Disney has acquired Tapulous, the maker of the popular iPhone play-along music game Tap Tap Revenge. Steve Wadsworth, president of the Disney Interactive Media Group, confirmed the deal with The ... (Source: Fort Lauderdale Sun-Sentinel 2010-07-01T22:08:56Z)

Dre Bly Returns to Lions

Filed under: Lions, NFL Free Agency Dre Bly has signed a two-year deal with the Lions, the team announced Friday. Bly played for Detroit from 2003-06 and made the Pro Bowl twice during that span. "I feel like I played my best ball here in Detroit," B ... (Source: NFL 2010-07-02T22:22:04Z)

AMR Corp. (AMR) to Offer 1-Year Free Credit Monitoring, Data Compromise to Certain ...

Today, AMR Corporation (NYSE: AMR ), the parent company of American Airlines, Inc., sent letters to potentially affected retirees, former employees, and a limited number of current employees about a compromise of certain ... (Source: StreetInsider.com 2010-07-02T18:04:22Z)

Report: Bucks, Salmons agree to $40M deal

Another day, another deal for the Milwaukee Bucks , who have suddenly become one of the biggest buyers during the most-hyped free agency period in NBA history. The greatest free-agent class in NBA history is listening to offers and choosing teams. Keep up with all the latest news and rumors . The ... (Source: FOXSports.com 2010-07-02T22:36:23Z)

Insanity ruling for mom who dismembered baby

DALLAS (AP) — A San Antonio woman who told authorities the devil made her mutilate and dismember her newborn has been found not guilty by reason of insanity in a plea deal with prosecutors. The Thursday ruling means 33-year-old Otty Sanchez will be committed to a state mental institution rather ... (Source: Middletown Press 2010-07-01T22:08:56Z)

High Winds, Rough Seas Halt Oil Cleanup Efforts

BP and the Coast Guard sent oil-scooping skimming ships in the Gulf of Mexico back to shore Tuesday because nasty weather from Tropical Storm Alex churned up rough seas and powerful winds. U.S. Coast Guard Lt. Dave French said all efforts had been halted for now off the Louisiana coast. Efforts also ... (Source: Vermont Public Radio 2010-06-28T23:59:52Z)

Flying high: Google hopes to steer more airline bookings with $700M purchase of ITA ...

SAN FRANCISCO - Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The ... (Source: Minneapolis Star Tribune 2010-07-01T22:01:47Z)

Total CEO says not mulling BP deal

AFP - Total chief executive Christophe de Margerie said Friday that the French oil group was not considering buying its embattled rival BP, whose market value has dropped by half over the Gulf of Mexico oil spill. "We are not looking into buying BP," Margerie told journalists at an economics ... (Source: France 24 2010-07-02T19:23:07Z)

Irishman cleared of fraud charges in Ritz Hotel 'sale' scam

A LIMERICK man now living in England has been acquitted of conspiracy to defraud in an elaborate scam aimed at selling the world famous Ritz Hotel in London. Retired contracts manager Patrick Dolan (68), Philip Lane ... (Source: Irish Times 2010-07-02T23:47:58Z)

James gets visitors, and Gay gets a big contract

Money is flying around in free agency, and LeBron James and the A-listers haven't even started getting paid. James, Dwyane Wade and Chris Bosh only got visitors Thursday. Rudy Gay got rich. Gay scored the first big deal of the free agency period, agreeing to a five-year contract with the Memphis ... (Source: Denver Post 2010-07-02T08:03:04Z)

Ritz Hotel sale fraudster convicted

London -- An unemployed British man who bilked two businessmen of $1.5 million by claiming he could sell the Ritz Hotel was convicted Friday. Anthony Lee, 49, an unemployed truck driver, was convicted in Southwark crown ... (Source: The Money Times 2010-07-02T20:27:32Z)

Deals of the Hour / July 2, 2010, 9:12 pm

Gulf Travel Deals Spread Wider Than Oil

NEW YORK -- As more oil from the Gulf of Mexico washes up on surrounding beaches, tourism in many Southeastern states is fading - even in areas far away from the gooey mess. But hotels from Texas to Florida and some ... (Source: WSB-TV Atlanta 2010-07-01T14:52:17Z)

Sale of Kruse coming today?

The fate of Kruse International likely will be revealed today when a major auto auction company makes an announcement in Auburn. Last week, an employee of RM Auctions filed articles of incorporation with the Indiana ... (Source: Fort Wayne Journal Gazette 2010-07-02T07:05:48Z)

Slick travel deals in oil-drenched Gulf

NEW YORK (AP) — As more oil from the Gulf of Mexico washes up on surrounding beaches, tourism in many Southeastern states is fading — even in areas far away from the gooey mess. But hotels from Texas to Florida and ... (Source: Salem News 2010-07-02T09:07:30Z)

Waiting game on for Jefferson, Spurs

They've been wined, they've been dined, they've had it all chronicled on Twitter. The NBA power trio of LeBron James, Dwyane Wade and Chris Bosh have turned the first 48 hours of free agency into a three-ring, speed ... (Source: MySanAntonio 2010-07-03T04:05:40Z)

Gulf travel deals spread more widely than oil

Tourism in southeastern states is fading, even in areas far from the Gulf oil spill, and discounts are being offered. NEW YORK — As more oil from the Gulf of Mexico washes up on surrounding beaches, tourism in many ... (Source: Seattle Times 2010-07-01T19:24:18Z)

Auburn's Kruse sold to Canadian auction firm Angela Mapes Turner The Journal ...

Dean Kruse announces Thursday the sale of his Auburn auto auction company to RM Auctions, headed by Rob Myers, right. For a city on the verge of losing an internationally anticipated event that yearly brought in ... (Source: FortWayne.com 2010-07-02T09:50:27Z)

UPDATE 1-Pao de Acucar, Casas agree to sweeten merger accord

SAO PAULO, July 2 (Reuters) - Grupo Pao de Acucar ( PCAR5.SA ), Brazil's largest retail group, said on Friday it agreed to sweeten terms of a takeover accord with rival Casas Bahia, putting an end to months of wrangling over the combination. Under terms of the revised accord, Casas Bahia will be ... (Source: Reuters 2010-07-02T13:32:21Z)

Bosh meets with Knicks, Bulls

Chris Bosh met for more than two hours each Friday with the New York Knicks and Chicago Bulls, the latest suitors for the busy free agent forward. Bosh showed up at the same hotel where Miami Heat star Dwyane Wade met ... (Source: St. Louis Post-Dispatch 2010-07-03T04:05:40Z)

Disney acquires Tapulous, maker of popular iPhone game Tapulous

LOS ANGELES (AP) — Walt Disney has acquired Tapulous, the maker of the popular iPhone play-along music game Tap Tap Revenge. Steve Wadsworth, president of the Disney Interactive Media Group, confirmed the deal with The ... (Source: Fort Lauderdale Sun-Sentinel 2010-07-01T22:08:56Z)

Deals of the day -- mergers and acquisitions

July 2 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday. ** French drugmaker Sanofi-Aventis is looking at several U.S ... (Source: The Guardian 2010-07-02T20:06:04Z)

Interview: Disney's Steve Wadsworth On Tapulous, Android & Mobile Money

What is it with Disney ( NYSE: DIS ) and summer game deals? Three years ago, Disney Interactive acquired sought-after virtual world Club Penguin for $350 million, looking for a path into a growing online game area. Now, for an undisclosed sum, it's picked up Tapulous , the profitable developer of ... (Source: paidContent.org 2010-06-30T23:57:30Z)

Interview: Disney's Steve Wadsworth On Tapulous, Android & Mobile Money

What is it with Disney ( NYSE: DIS ) and summer game deals? Three years ago, Disney Interactive acquired sought-after virtual world Club Penguin for $350 million, looking for a path into a growing online game area. Now ... (Source: Yahoo Finance 2010-07-02T00:24:57Z)

Treasury Two-Year Yield Drops to Record Low on U.S. Jobs, China Growth

Treasuries rallied, pushing the two- year note yield to an all-time low, as U.S. companies added fewer jobs in June than economists forecast and China's manufacturing growth slowed. The extra yield investors demand to ... (Source: Bloomberg 2010-07-03T04:05:40Z)

Pao de Acucar to Invest in Globex as Casas Bahia Deal Revised

July 2 (Bloomberg) -- Cia. Brasileira de Distribuicao Grupo Pao de Acucar, Brazil's biggest retailer, will invest in its Globex Utilidades SA unit and gain a larger stake under revised terms for the takeover of rival Casas Bahia Comercial Ltda. The retailer will spend at least 689.8 million reais ... (Source: BusinessWeek 2010-07-02T12:27:56Z)

Netherlands knocks favorite Brazil out of World Cup

Not after the way the Netherlands rallied to upset five-time champion Brazil 2-1 in the World Cup quarterfinals Friday. After waking themselves up at halftime, the Dutch are now just two wins away from the title that has ... (Source: Kansas City Star 2010-07-03T04:05:40Z)

Disappearing Brands in 2011

Reader's Digest Reader's Digest was once the most widely read magazine in the world. According to the company, it still may be when its overseas editions are taken into account. Last August, the company took its US ... (Source: comcast.net 2010-07-03T04:05:40Z)

Canadian company buying troubled Ind. auto auction

AUBURN, Ind. — A long-running classic car auction in northern Indiana that faced an uncertain future because of its founder's financial troubles will continue with its sale to a Canadian company that was announced ... (Source: Indianapolis Star 2010-07-02T03:52:32Z)

Treasury gets $10.5B from Citigroup stock sale

WASHINGTON — The Treasury Department said Thursday it has raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock it received as part of the government's rescue of the bank. The ... (Source: Rutland Herald 2010-07-02T06:58:39Z)

Treasury gets $10.5 billion from Citigroup share sales

WASHINGTON: The Treasury Department said Thursday it has raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock it received as part of the government's rescue of the bank. The government ... (Source: Economic Times 2010-07-01T17:36:55Z)

U.S. Earns $10.5B From Sale Of Citigroup Shares

The Treasury Department said Thursday it has raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock it received as part of the government's rescue of the bank. The government sold the shares at a profit as it seeks to recoup the costs of the $700 billion financial ... (Source: KDKA 2010-07-02T11:44:59Z)

Deals of the Hour / July 2, 2010, 8:14 pm

Total not mulling over BP deal

AIX-EN-PROVENCE (France) - TOTAL chief executive Christophe de Margerie said on Friday that the French oil group was not considering buying its embattled rival BP, whose market value has dropped by half over the Gulf of Mexico oil spill. 'We are not looking into buying BP,' Mr Margerie told ... (Source: Straits Times 2010-07-03T00:09:27Z)

Gulf Travel Deals Spread Wider Than Oil

NEW YORK -- As more oil from the Gulf of Mexico washes up on surrounding beaches, tourism in many Southeastern states is fading - even in areas far away from the gooey mess. But hotels from Texas to Florida and some ... (Source: WSB-TV Atlanta 2010-07-01T14:52:17Z)

UPDATE 1-Emerson fights ABB with $1.5 bln bid for Chloride

LONDON, June 29 (Reuters) - Spurned U.S. suitor Emerson Electric ( EMR.N ) upped its cash offer for Chloride ( CHLD.L ) to $1.5 billion, seeking to tempt the British group away from a recommended $1.25 billion deal from ... (Source: Reuters 2010-06-29T07:09:22Z)

Google books $700M deal for travel tech co.

G oogle Inc. plans to buy travel technology company ITA Software Inc. of Cambridge in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The all ... (Source: Boston Herald 2010-07-02T14:29:37Z)

Gulf travel deals spread more widely than oil

Tourism in southeastern states is fading, even in areas far from the Gulf oil spill, and discounts are being offered. NEW YORK — As more oil from the Gulf of Mexico washes up on surrounding beaches, tourism in many ... (Source: Seattle Times 2010-07-01T19:24:18Z)

Pacquiao-Mayweather agree to terms on fight

Representatives for Manny Pacquiao and Floyd Mayweather have agreed to terms on a megafight, Top Rank promoter Bob Arum told SI.com on Wednesday. The deal still needs to be approved by Mayweather. Arum did not disclose terms of the deal, which is expected to be a 50-50 split and include some form of ... (Source: CNN Sports Illustrated 2010-06-29T23:58:41Z)

Bly returns to Lions with two-year deal

Cornerback Dre Bly, a bright spot during the Lions' dark years of the past decade, heard the atmosphere had changed since his departure in 2007. Now, he gets a chance to see if that's true, signing a two-year deal with ... (Source: Detroit News 2010-07-02T22:29:14Z)

Total CEO says not mulling BP deal

AFP - Total chief executive Christophe de Margerie said Friday that the French oil group was not considering buying its embattled rival BP, whose market value has dropped by half over the Gulf of Mexico oil spill. "We are not looking into buying BP," Margerie told journalists at an economics ... (Source: France 24 2010-07-02T19:23:07Z)

Slick travel deals in oil-drenched Gulf

NEW YORK (AP) — As more oil from the Gulf of Mexico washes up on surrounding beaches, tourism in many Southeastern states is fading — even in areas far away from the gooey mess. But hotels from Texas to Florida and ... (Source: Salem News 2010-07-02T09:07:30Z)

BP shares score 1st weekly gain since Gulf oil spill began; lost market value still huge

NEW YORK (AP) — BP shares posted a better than 8 percent gain this week, the first weekly increase since an April explosion on a BP-operated triggered a massive Gulf oil spill . The first of two relief wells that are given the surest chance of plugging BP PLC's gushing well is on target to be ... (Source: Chicago Tribune 2010-07-02T20:20:23Z)

James gets visitors, and Gay gets a big contract

While LeBron James listened to reasons why he should leave his team, Rudy Gay was given a huge reason to stay. The first big deal of the free agency period went to Gay, who agreed to a five-year deal with the Memphis Grizzlies on Thursday that will pay him more than $80 million, according to a ... (Source: ESPN.com 2010-07-01T22:59:03Z)

Sparks fly as Emerson tops ABB's Chloride deal

LONDON (Reuters) - Spurned U.S. suitor Emerson Electric ( EMR.N ) upped its cash offer for Chloride ( CHLD.L ) more than a third to $1.5 billion, seeking to tempt the British group away from a recommended $1.25 billion ... (Source: Reuters 2010-06-27T23:53:54Z)

AP source: Gay, Grizzlies agree on max deal

A person with knowledge of the negotiations says that Memphis forward Rudy Gay has agreed to a five-year max contract with the Grizzlies. The deal will pay Gay more than $13 million per season, according to the person, who spoke to The Associated Press on condition of anonymity because the deal can ... (Source: San Jose Mercury News 2010-07-01T19:38:37Z)

Back to the Lions' den: CB Dre' Bly signs two-year deal with Detroit

The Detroit Lions announced they have signed unrestricted free-agent cornerback Dre' Bly to a two-year deal. Financial terms were not disclosed. Bly, 33, played for the Lions in 2003-06. He was traded to Denver following ... (Source: USA Today 2010-07-02T23:33:39Z)

Pao de Acucar to Invest in Globex as Casas Bahia Deal Revised

July 2 (Bloomberg) -- Cia. Brasileira de Distribuicao Grupo Pao de Acucar, Brazil's biggest retailer, will invest in its Globex Utilidades SA unit and gain a larger stake under revised terms for the takeover of rival Casas Bahia Comercial Ltda. The retailer will spend at least 689.8 million reais ... (Source: BusinessWeek 2010-07-02T12:27:56Z)

Flying high: Google hopes to steer more airline bookings with $700M purchase of ITA ...

SAN FRANCISCO - Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The ... (Source: Minneapolis Star Tribune 2010-07-01T22:01:47Z)

Google Air? $700 million deal for online flight information

Mountain View Internet giant Google revealed Thursday that it intends to buy ITA Software for $700 million. The Cambridge, Mass., company — founded in 1996 by Massachusetts Institute of Technology computer scientists ... (Source: San Jose Mercury News 2010-07-02T14:29:37Z)

Chloride accepts Emerson's $1.5B bid

The board of British power supply company Chloride Group said Friday it plans to unanimously recommend that shareholders accept a $1.5 billion takeover bid from Emerson . Emerson and Chloride both provide uninterruptible power supply systems for computers and hospitals. Emerson plans to make ... (Source: Birmingham Business Journal 2010-07-02T11:52:08Z)

Manny Pacquiao And Floyd Mayweather To Fight In November? [PHOTOS]

It is being reported on si.com that the representatives for Manny Pacquiao and Floyd Mayweather Jr. have agreed on terms for a megafight that would take place Nov. 13 of this year. Terms of the deal have yet to be ... (Source: Gather.com 2010-06-30T22:02:58Z)

Deals of the day -- mergers and acquisitions

July 2 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday. ** French drugmaker Sanofi-Aventis is looking at several U.S ... (Source: The Guardian 2010-07-02T20:06:04Z)

Report: Pacquiao agrees to fight Mayweather in November

Representatives for Manny Pacquiao and Floyd Mayweather have agreed to a bout between the two fighters to be held Nov. 13, SI.com reports. Top Rank promoter Bob Arum told SI.com on Wednesday that the deal still needs to ... (Source: New York Post 2010-06-30T23:00:14Z)

UPDATE 1-Pao de Acucar, Casas agree to sweeten merger accord

SAO PAULO, July 2 (Reuters) - Grupo Pao de Acucar ( PCAR5.SA ), Brazil's largest retail group, said on Friday it agreed to sweeten terms of a takeover accord with rival Casas Bahia, putting an end to months of wrangling over the combination. Under terms of the revised accord, Casas Bahia will be ... (Source: Reuters 2010-07-02T13:32:21Z)

Lions Ink CB Dre Bly to a Two-Year Deal

I was looking at my fantasy football roster this morning deciding whether or not I should keep Roddy White, and it made me think of Dre Bly.  Last season Dre Bly intercepted a Matt Ryan pass and took it back the other way.  In typical Dre Bly fashion, he began holding the ball in one hand and high ... (Source: NFL GridIron Gab 2010-07-02T23:47:58Z)

Maker of Nokona baseball gloves to stay in Texas under new equity deal

A fourth-generation Texas company known as the last U.S. maker of baseball gloves found a new investor to buy out its Massachusetts partners in a dispute that will keep its operations in Texas. FILE 2008/The Associated ... (Source: Dallas Morning News 2010-07-03T03:08:24Z)

NBA Free Agency Features LeBron James, Friend Of Musical Free Agency All-Star Drake

Not only is today Canada Day, but it also represents the first day of the free agency period in the NBA. Under normal circumstances, that's not such a big deal, as it just means that dudes who were already rich are going to get more money for wearing a different shirt in a different city. But this ... (Source: MTV 2010-06-30T23:57:30Z)

Proposed holding company for Plano's SharePlus Federal Bank to go public

The proposed holding company of Plano-based SharePlus Federal Bank is aiming to raise up to $19.8 million in an initial public offering, according to documents filed Friday with the U.S. Securities and Exchange ... (Source: Dallas Morning News 2010-07-03T03:08:24Z)

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