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 / August 17, 2010, 11:40 pm

Five San Francisco 49ers Most Impacted By Brian Westbrook's Signing

It may have taken awhile, but Brian Westbrook is no longer a free agent after signing a one-year deal with the San Francisco 49ers. The 49ers lost Glen Coffee to retirement a year after he entered the league, and finding ... (Source: Bleacherreport.com 2010-08-18T02:49:38Z)

Oshkosh Gets $201.5M Defense Contract

NEW YORK (AP) -- The U.S. Defense Department said Monday it has awarded Oshkosh Corp. a contract worth $201.5 million to provide tactical vehicles. The agency said the deal calls for 1,288 medium tactical vehicles, which ... (Source: Industrial Distribution 2010-08-17T14:03:42Z)

Judge skeptical of Barclays deal

A federal judge said Barclays Bank ( BCS ) would be getting a "sweetheart deal" under a proposed $298 mil settlement with the Justice Dept., which accused the bank of violating U.S. sanctions against Cuba, Iran, Libya ... (Source: Investors Business Daily 2010-08-17T21:56:09Z)

Ybrant Digital to acquire Lycos from Daum Communications

Aug 17, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Ybrant Digital Limited, an India-based digital marketing solutions company, has signed a stock purchase agreement to acquire Lycos, Inc., a ... (Source: TMCnet 2010-08-17T21:56:09Z)

49ers sign Brian Westbrook

The San Francisco 49ers have signed veteran free agent running back Brian Westbrook (notes) , the team announced. It's a one-year deal worth $1.25 million. Westbrook is a former Philadelphia Eagles star who ... (Source: YAHOO! 2010-08-18T00:19:19Z)

San Francisco 49ers sign running back Brian Westbrook, trade defensive lineman ...

The twists and turns continued at 49ers training camp Monday, with longtime Philadelphia Eagles running back Brian Westbrook signing a one-year deal hours after defensive lineman Kentwan Balmer was traded to ... (Source: FOXSports.com 2010-08-18T03:39:45Z)

Pactiv, maker of Hefty bags, agrees to $4.4B takeover by Reynolds Group

Reynolds Group , part of the global packaging business owned by New Zealand's richest man, said Tuesday it will pay about $4.4 billion for Pactiv , the maker of the Hefty brand trash bags. With debt included ... (Source: Asbury Park Press 2010-08-18T01:59:32Z)

NU to offer more aid to freshmen from Evanston, Chicago

Northwestern University said today it will offer significantly increased financial aid to incoming freshmen who graduate from high schools in Evanston and Chicago , including eliminating loans and required work-study ... (Source: Chicago Breaking News - Tribune 2010-08-17T16:19:42Z)

Aviator reaches deal to halt discharge — for now

An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from service. The ... (Source: AP - msnbc.com 2010-08-16T23:01:45Z)

Target: No Donations Planned For Gay Groups

MINNEAPOLIS -- Target Corp. said Monday it won't give money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor candidate who opposes gay marriage. The ... (Source: San Diego Channel 2010-08-17T12:37:48Z)

Spectrum Brands Announces Growth in Sales for the Third Quarter of Fiscal 2010

On June 16, 2010, the transaction to combine Spectrum Brands, Inc. with Russell Hobbs, Inc. was completed pursuant to the previously announced agreement and Plan of Merger dated February 9, 2010. The addition of Russell ... (Source: Yahoo Finance 2010-08-17T11:33:23Z)

After tough admissions season, off to college

With the monumental numbers of applicants and only a toddler-aged economic recession, the years 2009-2010 have seen one of the most difficult college admission processes in recent years. In fact, the University of ... (Source: Santa Rosa Press Democrat 2010-08-08T20:48:05Z)

BizTimes Wisconsin Morning Headlines: Oshkosh Corp. lands another military contract

The U.S. Defense Department said Monday it has awarded Oshkosh Corp. a contract worth $201.5 million to provide tactical vehicles. The agency said the deal calls for 1,288 medium tactical vehicles, which will ... (Source: Biz Times 2010-08-17T17:59:55Z)

Idaho aviator reaches deal to temporarily block discharge under 'don't ask don't tell ...

BOISE, Idaho (AP) — An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: FOX6Now.com Milwaukee 2010-08-16T23:01:45Z)

Gay rights group: Target won't offer olive branch

MINNEAPOLIS — Target Corp. has decided against giving money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor candidate who opposes gay marriage, a national ... (Source: Dallas Voice 2010-08-17T22:03:18Z)

Aviator reaches deal to halt discharge _ for now

BOISE, Idaho (AP) — An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: KREM 2010-08-18T01:38:03Z)

2nd UPDATE: Judge Wants 'Answers' On Barclays 'Sweetheart Deal'

WASHINGTON -(Dow Jones)- A federal judge on Tuesday expressed concern about a proposed $298 million settlement that would allow Barclays Bank PLC (BCS, BARC.LN) to avoid prosecution on criminal charges that it ... (Source: NASDAQ 2010-08-17T21:20:21Z)

Medtronic announces deal to buy embattled Osteotech, expanding its Memphis-based ...

Medtronic Inc. said today it has agreed to purchase biologics maker Osteotech Inc. for about $123 million. The deal, which is subject to shareholder approval, comes just days after Osteotech's board of ... (Source: Memphis Commercial Appeal 2010-08-18T02:42:29Z)

Fixed Mobile Convergence

Ybrant Digital to acquire Lycos from Daum Communications Aug 17, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Ybrant Digital Limited, an India-based digital marketing solutions company, has signed ... (Source: TMCnet 2010-08-17T21:56:09Z)

Spectrum Brands takes larger 3rd-quarter loss after Hobbs deal; adjusted results top ...

MADISON, WIS. — Spectrum Brands Holdings Inc. said Tuesday it took a larger loss in the fiscal third quarter because of a variety of one-time charges, some of which were connected to its recent acquisition of Russell ... (Source: Washington Examiner 2010-08-17T15:51:04Z)

NU to offer more scholarships to Evanston grads

Northwestern University officials said Tuesday that the university will offer significantly increased financial aid to first-year students who graduate from high schools in Evanston and Chicago, including ... (Source: Morton Grove Champion 2010-08-17T18:28:33Z)

Hefty trash bag maker Pactiv agrees to $4.4 billion takeover by Reynolds Group

LAKE FOREST, Ill. (AP) — Global packaging company Reynolds Group says it's agreed to pay about $4.4 billion for Pactiv , maker of the Hefty brand trash bags. With debt included, the deal is valued at around ... (Source: Chicago Tribune 2010-08-17T13:35:04Z)

UPDATE: Medtronic Reaches $123 Million Deal To Buy Osteotech

Medtronic Inc. (MDT) said it will buy Osteotech Inc. (OSTE) for about $123 million, coming as the Osteotech--a provider of human bone and bone connective tissue used in transplants--has been embroiled in a proxy battle ... (Source: NASDAQ 2010-08-17T15:22:27Z)

Reynolds to pay $4.4b for Hefty maker

NEW YORK — Reynolds Group, part of the global packaging business owned by New Zealand's richest man, said yesterday that it will pay about $4.4 billion for Hefty bag maker Pactiv . Including debt, the ... (Source: Boston Globe 2010-08-18T04:29:51Z)

OSHKOSH - Oshkosh Corp. gets $201 million Defense Department contract

The U.S. Defense Department said Monday it has awarded Oshkosh Corp. a contract worth $201.5 million to provide tactical vehicles. The agency said the deal calls for 1,288 medium tactical vehicles, which will ... (Source: Biz Times 2010-08-17T12:16:20Z)

Barclays Reportedly To Pay $298 Mln To Settle U.S. Sanctions Breach

(RTTNews) - UK-based financial services firm Barclays Plc (BCS: News ,BARC.L: News ) reportedly has reached a $298 million settlement deal with U.S. prosecutors to close an investigation into criminal charges that the ... (Source: RTT News 2010-08-17T08:34:25Z)

Lycos Inc. is sold for $36 million

WALTHAM -- Lycos Inc., whose $12.5 billion sale to Terra Networks a decade ago epitomized the dot-com era, has been sold again for the more sane price of $36 million. India-based Ybrant Digital acquired the ... (Source: Lowell Sun 2010-08-17T10:28:57Z)

Target says it won't give to gay groups to balance MN Forward donation

Target Corp. said Monday it won't give money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor candidate who opposes gay marriage. The discount ... (Source: Pioneer Press 2010-08-17T04:23:53Z)

Medtronic To Buy Osteotech For About $123 Mln - Quick Facts

(RTTNews) - Healthcare company Medtronic Inc. (MDT: News ) Tuesday revealed a definitive deal to buy biologics products maker Osteotech, Inc. (OSTE: News ) for around $123 million. As per the deal, each Osteotech common ... (Source: RTT News 2010-08-17T13:13:36Z)

Acquisition costs deepen losses for Spectrum Brands

Madison-based Spectrum Brands Inc. today reported a fiscal third quarter net loss of $86.5 million, or $2.53 per share, as the company incurred $99 million in expenses for its acquisition of Russell Hobbs Inc ... (Source: Biz Times 2010-08-17T17:31:17Z)

Deals of the Hour / August 17, 2010, 10:40 pm

NFC Power Poll: The Favre returns edition

Brett Favre, 40, is coming back to quarterback the Vikings after all. So how does that affect the NFC race? He shakes up things at the top of the Power Poll, where Minnesota resumes its place in the Super Bowl hunt: 1 ... (Source: Sporting News 2010-08-18T04:08:23Z)

Cummins India 1Q Net Jumps 56% To INR1.40 Billion; Shares Rise

MUMBAI -(Dow Jones)- Cummins India Ltd. (500480.BY), a unit of U.S.-based engine maker Cummins Inc. (CMI), Thursday said its fiscal first quarter net profit rose 56% due to higher sales. Net profit for the three months ... (Source: NASDAQ 2010-08-12T09:01:49Z)

Walgreen's 7,500 Stores Offer Walk-In Flu Vaccines

Walgreen Co's 7,500 stores now offer flu vaccines to walk-in customers during nearly all pharmacy and clinic hours, the company said on Tuesday. Immunizations are available at Walgreens pharmacies and Take ... (Source: Post Chronicle 2010-08-17T17:09:49Z)

Netflix/HBO Deal Unlikely: Report

NEW YORK ( TheStreet ) -- As Netflix ( NFLX ) attempts to broaden its content, it may be unable to strike a deal with HBO. The cable channel said it is unlikely to form a partnership with Netflix, according to ... (Source: Street.Com 2010-08-17T16:55:30Z)

Apple Manager Arrested for Receiving Kickbacks from iPhone & iPod Deals!

An Apple manager was arrested on Friday for accepting kickbacks from the company. Global Supply manager, Paul Shin Devine, was responsible for Apple's contract manufacturing in Asia. According to the San ... (Source: Gather.com 2010-08-16T18:08:16Z)

Kentucky State Fair to offer new rides to make up for loss of amusement park

LOUISVILLE, Ky. - The Kentucky State Fair will offer some new midway rides this year in an effort to make up for the loss of amusement park rides at Kentucky Kingdom. A statement from the fair board says the ... (Source: Canada East 2010-08-17T19:18:40Z)

Walgreen stores now selling seasonal flu shots

DEERFIELD, Ill. (AP) - Walgreen Co. said Tuesday it is now selling flu shots at almost all of its stores, with vaccinations available at almost any time its pharmacies and walk-in retail clinics are open. In past years ... (Source: KWQC 2010-08-17T22:31:56Z)

The Law Office of Robbins Umeda LLP Announces an Investigation of the Tender Offer by ...

Robbins Umeda LLP : has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of ICx Technologies, Inc. ("ICx" or the "Company ... (Source: PR Inside 2010-08-16T21:21:33Z)

Netflix Lust for `True Blood' Is Unrequited as HBO Blocks Path

Netflix Inc. 's drive to offer its subscribers online movies from all the biggest Hollywood studios may hit a wall with HBO. Time Warner Inc. 's pay-television channel, home to shows including the "The ... (Source: Bloomberg 2010-08-17T21:27:31Z)

Brett Favre: A Green Bay Packers Fan's Mixed Emotions Over Favre's Return

Deep down, I believe we still have some love for the guy. Who's more exciting to watch than him? He's pushing 41 and still pulling numbers as if he were 26. The guy is just absolute fun and an absolute charm. But ... (Source: Bleacherreport.com 2010-08-18T04:58:29Z)

Merger Monday: FLIR Systems to Acquire ICx Technologies, Medco to Acquire United ...

FLIR Systems (NASDAQ: FLIR ) said today it has agreed to acquire ICx Technologies (ICXT) for about $274 million. The two security technology companies said FLIR will commence a cash tender offer for $7.55 per share of ... (Source: MarketNewsVideo.com 2010-08-16T16:56:41Z)

BHP Pursuit Of Potash May Kill Other Potential Deals

SYDNEY -(Dow Jones)- Other commonly mooted takeover targets for BHP Billiton Ltd. (BHP.AU), including Rio Tinto Ltd. (RIO.AU) and Woodside Petroleum Ltd. (WPL.AU), could fall off the mining giant's radar if it ... (Source: FOXBusiness 2010-08-18T03:18:16Z)

TJX says 2nd-quarter profit climbs almost 17 percent as sales, customer traffic rise

Shoppers head into the TJ Maxx store in Barre, Vt., Monday, Aug. 16, 2010. TJX Cos. saTuesday, Aug. 17, its second-quarter net income rose more than 16 percent as sales climbed and more customers came to its stores to ... (Source: KFOR 2010-08-17T14:25:11Z)

DJ Vedanta Group Offer For 20% Of Cairn India Opens Oct 11, Closes Oct 30

MUMBAI, Aug 16, 2010 (Dow Jones Commodities News via Comtex) -- The Vedanta Group's proposal to buy 20% of Cairn India in an open offer--part of a plan to acquire 51%-60% of the company--will open on Oct. 11 and pay ... (Source: Investors Business Daily 2010-08-17T03:48:05Z)

Netflix Lust for 'True Blood' Unrequited By HBO Plans

(Updates with closing share prices.) Aug. 17 (Bloomberg) -- Netflix Inc.'s drive to offer its subscribers online movies from all the biggest Hollywood studios may hit a wall with HBO. Time Warner Inc.'s pay ... (Source: San Francisco Gate 2010-08-18T04:01:13Z)

Hollywood Brett Favre Needs to Go Away

an NFL franchise in order to appease the most massive ego in professional sports. If Favre decides next week that he isn't healthy (is too old), the Vikings will be left wondering "what if" for the rest of the ... (Source: Associated Content 2010-08-04T20:38:30Z)

Favre brings Vikings into Super Bowl hunt

Minnesota returns to powerhouse status in the NFC if, as expected, Brett Favre plays this season. Brett Favre, 40, is coming back to quarterback the Vikings after all. So how does that affect the NFC race? He shakes up ... (Source: Sporting News 2010-08-18T04:44:10Z)

Some stores find discounts not enough to perk up sales

NEW YORK -- A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other ... (Source: Times Union 2010-08-18T04:01:13Z)

DJ BHP Pursuit Of Potash May Kill Other Potential Deals

SYDNEY, Aug 17, 2010 (Dow Jones Commodities News via Comtex) -- Other commonly mooted takeover targets for BHP Billiton Ltd. (BHP.AU), including Rio Tinto Ltd. (RIO.AU) and Woodside Petroleum Ltd. (WPL.AU), could fall ... (Source: Investors Business Daily 2010-08-18T02:28:10Z)

ONGC Studying Implications Of Cairn's India Asset Sale

MUMBAI -(Dow Jones)- Oil & Natural Gas Corp. (500312.BY) is studying the implications of Cairn Energy PLC's (CNE.LN) plans to sell a stake in its India assets, the chairman of the Indian state-run explorer ... (Source: FOXBusiness 2010-08-17T17:02:39Z)

Kentucky State Fair bringing in new rides

LOUISVILLE, Ky. (AP) - The Kentucky State Fair will offer some new midway rides this year in an effort to make up for the loss of amusement park rides at Kentucky Kingdom. A statement from the fair board says the midway ... (Source: WTVF 2010-08-17T20:30:15Z)

Apple global supply manager pleads not guilty to bribery charges

Apple's global supply manager, Paul Shin Devin.e, who has been charged for taking as much as $1 million in kickbacks and bribes from Apple iPhone and iPod accessory suppliers, has pleaded not guilty in San Jose ... (Source: MobileBurn 2010-08-17T12:52:07Z)

FLIR Systems (FLIR) Acquires ICx Technologies (ICXT)

(Benzinga Via Acquire Media NewsEdge) FLIR Systems, Inc. (NASDAQ: FLIR) has planned to acquire ICx Technologies, Inc. (NASDAQ: ICXT) for $7.55/share. Shares of ICXT closed at $6.75 on Friday, giving the deal a ... (Source: TMCnet 2010-08-16T16:06:35Z)

NFL Preseason 2010: Five Teams Ready To Take a Step Forward

As the collective football world moves in to week three of the preaseason, the annual football carousel has begun. Fans take off work, lose sleep and fast while awaiting the next Brett Favre update and the St. Louis ... (Source: Bleacherreport.com 2010-08-18T04:37:01Z)

MARKET SNAPSHOT: U.S. Stocks Rally On Deals, Earnings

U.S. stocks rallied Tuesday, with the Dow Jones Industrial Average ending a five-session losing streak, after Potash Corp. of Saskatchewan Inc.'s rejection of suitor BHP Billiton Ltd. unleashed a rally among agricultural ... (Source: NASDAQ 2010-08-17T20:44:34Z)

Changes in the works days before start of the Kentucky State Fair

LOUISVILLE, Ky. (WHAS11) -- The Kentucky State Fair kick-off is just two days away and some changes are in the works. With the closure of Kentucky Kingdom, this year Midway will feature a lot more rides. WHAS11's Melanie ... (Source: WHAS 11 2010-08-17T22:31:56Z)

Walgreen now selling seasonal flu shots

DEERFIELD, Ill. (AP) - Walgreen Co. said Tuesday it is now selling flu shots at almost all of its stores, with vaccinations available at almost any time its pharmacies and walk-in retail clinics are open. In ... (Source: WIVB 2010-08-17T23:22:03Z)

Packers have no time to watch Brett Favre drama

G REEN BAY, Wis. - Saying the words "Brett" and/or "Favre" in the Packers' Lambeau Field locker room is no longer socially acceptable behavior. It ranks somewhere between cursing in church and clipping your ... (Source: Boston Herald 2010-08-17T17:59:55Z)

Apple Exec Accused of Accepting Kickbacks Pleads Not Guilty

An Apple employee accused of accepting $1 million in kickbacks from international suppliers pleaded not guilty to the charges Monday, as more details about his scheme emerged in court filings. Paul Devine was indicted in ... (Source: PC Magazine 2010-08-17T19:18:40Z)

TJ Maxx and Marshalls Off-Price Fall Fashion Blogger Event

25 bloggers were invited to take an insiders look at the world of off-price retailing with TJ Maxx and Marshalls…And First Class Fashionista was so there! We are very excited to share with you, our valued readers, what ... (Source: TV.com 2010-08-17T19:32:59Z)

Deals of the Hour / August 17, 2010, 9:40 pm

Deep discounts not luring some shoppers

NEW YORK A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Wal-Mart shoppers to bite these days ... (Source: CharlotteObserver.com 2010-08-18T04:01:13Z)

Discounts aren't enough to entice shoppers

NEW YORK — A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these ... (Source: Bradenton Herald 2010-08-18T04:01:13Z)

Rank's Reynolds May Tap Credit Suisse For $5 Billion of Debt to Buy Pactiv

Rank Group Ltd., owned by New Zealand's richest man, Graeme Hart , may borrow as much as $5 billion to help pay for its acquisition of Pactiv Corp. , the maker of Hefty trash bags. Credit Suisse Group AG ... (Source: Bloomberg 2010-08-18T00:05:00Z)

Judge calls Barclays settlement sweetheart deal

WASHINGTON (Reuters) - A federal judge considering the settlement between Barclays Bank Plc and the Justice Department over criminal charges that the bank violated U.S. trade sanctions called it a "sweetheart ... (Source: Reuters 2010-08-17T15:08:08Z)

Intel to Promote Atom With Chip Unit From Texas Instruments

Intel will expand the use of its Atom microprocessors in consumer electronic devices with the purchase of Texas Instruments' cable modem chip division, it said Monday. The deal highlights Intel's struggle to ... (Source: YAHOO! 2010-08-18T02:28:10Z)

Live Nation signs deal to rename Broadway's former Hilton Theatre as Foxwoods Theatre

NEW YORK (AP) — Concert promoter and ticket-seller Live Nation Entertainment Inc. has granted Foxwoods Resort Casino exclusive rights to rename the former Hilton Theatre on Broadway in New York City's Times ... (Source: Chicago Tribune 2010-08-09T17:04:59Z)

Idaho aviator reaches deal to temporarily block discharge under 'don't ask don't tell ...

BOISE, Idaho (AP) — An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: FOX6Now.com Milwaukee 2010-08-16T23:01:45Z)

Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of ...

BusinessWire - Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of ICx Technologies, Inc. ("ICx" or the "Company") (NASDAQ:ICXT) related to the ... (Source: Forbes 2010-08-18T01:02:16Z)

ICx Technologies (ICXT) Acquired By FLIR Systems (FLIR) for $7.55/Share

ICx Technologies, Inc. (Nasdaq: ICXT ) announced a definitive agreement to be acquired by FLIR Systems, Inc. (Nasdaq: FLIR ) for $7.55 per share in cash. Shares of ICx closed at $6.75 on Friday, giving the deal a 12 ... (Source: StreetInsider.com 2010-08-16T11:41:43Z)

Ybrant Digital to acquire Lycos from Daum Communications

Aug 17, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Ybrant Digital Limited, an India-based digital marketing solutions company, has signed a stock purchase agreement to acquire Lycos, Inc., a ... (Source: TMCnet 2010-08-17T21:56:09Z)

Some stores are finding that deep discounts aren't enough

A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other ... (Source: Vindy.com 2010-08-18T04:08:23Z)

Some stores find deep discounts aren't enough

NEW YORK -- A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get WalMart shoppers to bite these days ... (Source: The Post and Courier 2010-08-18T04:08:23Z)

Tech Ticker: Intel, net neutrality, Microsoft Xbox

Intel, the Santa Clara semiconductor giant, will buy a Texas Instruments unit that makes chips for cable modems, the two rivals announced Monday. Financial terms weren't disclosed, but Intel said the deal will ... (Source: San Jose Mercury News 2010-08-17T15:58:14Z)

Padres, RHP Whitson fail to agree to terms; Cates, Barbato sign with San Diego

SAN DIEGO – First-round draft pick Karsten Whitson declined to sign with San Diego by Monday night's deadline, leaving the Padres frustrated because they thought they'd have little trouble completing a deal ... (Source: FOX News 2010-08-17T06:18:25Z)

FLIR Systems (FLIR) Acquires ICx Technologies (ICXT)

(Benzinga Via Acquire Media NewsEdge) FLIR Systems, Inc. (NASDAQ: FLIR) has planned to acquire ICx Technologies, Inc. (NASDAQ: ICXT) for $7.55/share. Shares of ICXT closed at $6.75 on Friday, giving the deal a ... (Source: TMCnet 2010-08-16T16:06:35Z)

Foxwoods inks naming rights deal for Broadway theater

T he Hilton Theatre on Broadway's historic 42nd Street in New York's Times Square has been renamed the Foxwoods Theatre. Foxwoods Resort Casino and Live Nation have reached a multi-year agreement that ... (Source: Boston Herald 2010-08-09T18:59:31Z)

Pactiv, maker of Hefty bags, agrees to $4.4B takeover by Reynolds Group

Reynolds Group , part of the global packaging business owned by New Zealand's richest man, said Tuesday it will pay about $4.4 billion for Pactiv , the maker of the Hefty brand trash bags. With debt included ... (Source: Asbury Park Press 2010-08-18T01:59:32Z)

Aviator reaches deal to halt discharge — for now

An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from service. The ... (Source: AP - msnbc.com 2010-08-16T23:01:45Z)

Some stores find discounts not enough to perk up sales

NEW YORK -- A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other ... (Source: Times Union 2010-08-18T04:01:13Z)

Lycos Inc. is sold for $36 million

WALTHAM -- Lycos Inc., whose $12.5 billion sale to Terra Networks a decade ago epitomized the dot-com era, has been sold again for the more sane price of $36 million. India-based Ybrant Digital acquired the ... (Source: Lowell Sun 2010-08-17T10:28:57Z)

Fixed Mobile Convergence

Ybrant Digital to acquire Lycos from Daum Communications Aug 17, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- Ybrant Digital Limited, an India-based digital marketing solutions company, has signed ... (Source: TMCnet 2010-08-17T21:56:09Z)

Townhall News Padres, RHP Whitson fail to agree to terms

First-round draft pick Karsten Whitson declined to sign with San Diego by Monday night's deadline, leaving the Padres frustrated because they thought they'd have little trouble completing a deal with the right ... (Source: Town Hall 2010-08-17T06:18:25Z)

Barclays Settlement Rejection by Judge Follows Citigroup, Bank of America

A federal judge refused to endorse a settlement between the U.S. and a bank for a third time in a year, calling a proposed $298 million fine of Barclays Plc for trading with Iran, Cuba and Sudan "a ... (Source: Bloomberg 2010-08-18T04:15:32Z)

Intel acquires TI's cable modem unit, might be sneaking into your AV rack

SANTA CLARA, Calif. - (Business Wire) Intel Corporation today announced it has signed an agreement to acquire Texas Instruments' cable modem product line. The purchase enhances Intel's focus on the cable ... (Source: engadget 2010-08-17T20:15:56Z)

NYC walkers: Look out for male drivers

When you think of taxis, you might think of a scary ride in the back of some big yellow car. But a new analysis of major crashes in New York City -- those between cars and pedestrians -- reveals a different ... (Source: Marketplace.publicradio.org 2010-08-17T10:43:16Z)

Aviator reaches deal to halt discharge _ for now

BOISE, Idaho (AP) — An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: KREM 2010-08-18T01:38:03Z)

Hefty trash bag maker Pactiv agrees to $4.4 billion takeover by Reynolds Group

LAKE FOREST, Ill. (AP) — Global packaging company Reynolds Group says it's agreed to pay about $4.4 billion for Pactiv , maker of the Hefty brand trash bags. With debt included, the deal is valued at around ... (Source: Chicago Tribune 2010-08-17T13:35:04Z)

RETAIL: Some stores finding deep discounts aren't enough

NEW YORK ---- A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and ... (Source: North County Times 2010-08-18T01:23:44Z)

Judge skeptical of Barclays deal

A federal judge said Barclays Bank ( BCS ) would be getting a "sweetheart deal" under a proposed $298 mil settlement with the Justice Dept., which accused the bank of violating U.S. sanctions against Cuba, Iran, Libya ... (Source: Investors Business Daily 2010-08-17T21:56:09Z)

Chipley's Whitson says no to Padres, yes to UF

Chipley's Karsten Whitson threw his best sales pitch at the San Diego Padres on Monday, but when the team eventually balked, the talented pitcher decided to take his talents to the University of Florida ... (Source: Dothan Eagle 2010-08-18T04:15:32Z)

Deals of the Hour / August 17, 2010, 8:41 pm

Fertilizer maker Potash Corp. rejects BHP Billiton Ltd. buyout offer

ST. LOUIS -- A global race to snap up fertilizer companies accelerated Tuesday, when fertilizer producer Potash Corp. of Saskatchewan Inc. rejected a buyout offer worth $38.49 billion, calling it "grossly ... (Source: Cleveland Plain Dealer 2010-08-18T02:42:29Z)

Graeme Hart's Reynolds Group buying Hefty bag maker Pactiv

AP Photo/New Zealand Herald, Dean Purcell In this April 5, 2002 photo, Graeme Hart, New Zealand's richest man and owner of Reynolds Group poses for a photograph in Auckland, New Zealand. Reynolds Group said ... (Source: Cleveland Plain Dealer 2010-08-18T03:18:16Z)

Blue Jays report: Notes, quotes

--The Blue Jays were able to sign first-round draft pick RHP Deck McGuire of Georgia Tech to a $2 million deal just before Monday's deadline. "It was definitely right to the last minute," Blue Jays general manager Alex ... (Source: CBS Sports 2010-08-18T02:21:00Z)

Barclays, ENRC, Shire, Henderson, Hochschild: U.K., Irish Equity Preview

The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close. Barclays Plc (BARC LN): A ... (Source: Bloomberg 2010-08-18T01:45:13Z)

NFL: Former Eagle Westbrook signs one-year deal with 49ers

The San Francisco 49ers have signed free-agent running back Brian Westbrook to a one-year deal, giving the former Eagle the second chance he has been seeking. Westbrook has been looking to find a job, visiting several ... (Source: Philadelphia Daily News 2010-08-18T01:59:32Z)

TJ Maxx and Marshalls Off-Price Fall Fashion Blogger Event

25 bloggers were invited to take an insiders look at the world of off-price retailing with TJ Maxx and Marshalls…And First Class Fashionista was so there! We are very excited to share with you, our valued readers, what ... (Source: TV.com 2010-08-17T19:32:59Z)

Brian Westbrook Signs with 49ers

The former Eagle, Brian Westbrook, has signed a one year deal with the San Francisco 49ers with $1.25 million guaranteed, but it's not about the money for Westbrook. He just wants to be on a winning team. The ... (Source: Gather.com 2010-08-17T16:55:30Z)

Aviator reaches deal to halt discharge — for now

An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from service. The ... (Source: AP - msnbc.com 2010-08-16T23:01:45Z)

Purdy: 49ers' signing of Brian Westbrook is well-grounded

The 49ers are going for it. In six words, that sums up the Brian Westbrook deal. Last week, the 49ers lost backup running back Glen Coffee when he suddenly retired, citing his religious beliefs. But in ... (Source: Inside Bay Area 2010-08-17T14:32:20Z)

TJX says 2nd-quarter profit climbs almost 17 percent as sales, customer traffic rise

Shoppers head into the TJ Maxx store in Barre, Vt., Monday, Aug. 16, 2010. TJX Cos. saTuesday, Aug. 17, its second-quarter net income rose more than 16 percent as sales climbed and more customers came to its stores to ... (Source: KFOR 2010-08-17T14:25:11Z)

Idaho aviator reaches deal to temporarily block discharge under 'don't ask don't tell ...

BOISE, Idaho (AP) — An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: FOX6Now.com Milwaukee 2010-08-16T23:01:45Z)

Judge skeptical of Barclays deal

A federal judge said Barclays Bank ( BCS ) would be getting a "sweetheart deal" under a proposed $298 mil settlement with the Justice Dept., which accused the bank of violating U.S. sanctions against Cuba, Iran, Libya ... (Source: Investors Business Daily 2010-08-17T21:56:09Z)

Judge calls Barclays settlement sweetheart deal

WASHINGTON (Reuters) - A federal judge considering the settlement between Barclays Bank Plc and the Justice Department over criminal charges that the bank violated U.S. trade sanctions called it a "sweetheart ... (Source: Reuters 2010-08-17T15:08:08Z)

The Law Office of Robbins Umeda LLP Announces an Investigation of the Tender Offer by ...

Robbins Umeda LLP : has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of ICx Technologies, Inc. ("ICx" or the "Company ... (Source: PR Inside 2010-08-16T21:21:33Z)

Aviator reaches deal to halt discharge _ for now

BOISE, Idaho (AP) — An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: KREM 2010-08-18T01:38:03Z)

San Francisco 49ers sign former Eagles running back Brian Westbrook

The San Francisco 49ers have signed free agent running back Brian Westbrook to a one-year deal, giving the former Eagles running back the second chance he's been seeking. Westbrook has been looking to find a ... (Source: Asbury Park Press 2010-08-17T03:12:18Z)

Potash calls Billiton bid "grossly inadequate"

ST. LOUIS (AP) — A global race to snap up fertilizer companies accelerated Tuesday, when fertilizer producer Potash Corp. of Saskatchewan Inc. rejected a buyout offer worth $38.49 billion, calling it ... (Source: Artesia Daily News 2010-08-17T22:46:15Z)

FLIR Systems (FLIR) Acquires ICx Technologies (ICXT)

(Benzinga Via Acquire Media NewsEdge) FLIR Systems, Inc. (NASDAQ: FLIR) has planned to acquire ICx Technologies, Inc. (NASDAQ: ICXT) for $7.55/share. Shares of ICXT closed at $6.75 on Friday, giving the deal a ... (Source: TMCnet 2010-08-16T16:06:35Z)

Gore welcomes Westbrook into 49ers backfield

Before San Francisco added free agent Brian Westbrook to its backfield this week, the 49ers made it a point to consult with Frank Gore first.The two-time Pro Bowl running back, who has led the team in rushing each of the ... (Source: msnbc.com 2010-08-18T03:18:16Z)

RETAIL: Some stores finding deep discounts aren't enough

NEW YORK ---- A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and ... (Source: North County Times 2010-08-18T01:23:44Z)

Potash spurns BHP Billiton's offer

NEW YORK - Fertilizer producer Potash Corp. of Saskatchewan Inc. said Tuesday that it rejected an unsolicited takeover bid from BHP Billiton Ltd. worth about $38.49 billion as "grossly inadequate." The Potash ... (Source: AZCentral.com 2010-08-18T02:28:10Z)

Hefty trash bag maker Pactiv agrees to $4.4 billion takeover by Reynolds Group

LAKE FOREST, Ill. (AP) — Global packaging company Reynolds Group says it's agreed to pay about $4.4 billion for Pactiv , maker of the Hefty brand trash bags. With debt included, the deal is valued at around ... (Source: Chicago Tribune 2010-08-17T13:35:04Z)

Merger Monday: FLIR Systems to Acquire ICx Technologies, Medco to Acquire United ...

FLIR Systems (NASDAQ: FLIR ) said today it has agreed to acquire ICx Technologies (ICXT) for about $274 million. The two security technology companies said FLIR will commence a cash tender offer for $7.55 per share of ... (Source: MarketNewsVideo.com 2010-08-16T16:56:41Z)

Akerson steps into Whitacre's shoes at GM

In Detroit, a city that reveres the smell of motor oil and where the "car guys" have long held pride of place at the three big carmakers, the new head of General Motors qualifies as an outsider. Until Ed ... (Source: Financial Times 2010-08-13T05:25:53Z)

GM ties up $5 bln bank deal, IPO filing Fri: Sources

NEW YORK: General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top US automaker to the capital markets a year after it emerged from ... (Source: Economic Times 2010-08-12T06:17:11Z)

Blue Jays sign 1st-round pick Deck McGuire, 3 other draft choices

TORONTO — The Blue Jays signed first-round draft pick Deck McGuire, agreeing to a minor league contract with a $2 million bonus. McGuire's deal was completed Monday at 11:59 p.m., while second-rounder Griffin Murphy ... (Source: Washington Examiner 2010-08-17T16:41:11Z)

Bryce Harper, Nationals agree to $9.9M deal

Just like last year, the Washington Nationals and agent Scott Boras agreed to a contract for baseball's top draft pick with just a few seconds to spare. Jae C. Hong, File AP Photo FILE - This June 7, 2010 ... (Source: Tacoma News Tribune 2010-08-17T18:14:14Z)

Pactiv, maker of Hefty bags, agrees to $4.4B takeover by Reynolds Group

Reynolds Group , part of the global packaging business owned by New Zealand's richest man, said Tuesday it will pay about $4.4 billion for Pactiv , the maker of the Hefty brand trash bags. With debt included ... (Source: Asbury Park Press 2010-08-18T01:59:32Z)

GM BOOSTS TEAM OF LEAD UNDERWRITERS

NEW YORK: General Motors (GM) has added Bank of America Merrill Lynch and Citigroup to the slate of its lead underwriters for its initial public offering, two sources familiar with the situation said. Initial ... (Source: Gulf Daily News 2010-08-14T23:54:14Z)

Report: Cowboys considered ex-Eagles RB Brian Westbook

Brian Westbrook so wants to be part of a winning team that he accepted a backup job across the country with the San Francisco 49ers. The 49ers signed the free agent running back to a one-year deal Monday with a reported ... (Source: Cowboysblog.dallasnews.com 2010-08-18T01:23:44Z)

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