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 / September 29, 2010, 11:41 pm

Lessons learned discussed at Economic Forum

RIGA - Estonian Prime Minister Andrus Ansip, during the 11th Baltic Economic Forum, stressed that the Baltic States need to boost productivity in order to ensure future success, reports news agency LETA. The 11th Baltic Economic Forum was held in Riga ... (Source: Baltic Times 2010-09-29T18:06:12Z)

Northrop Grumman lands $2.8 billion gov't IT deal

Defense contractor Northrop Grumman Corp. said Wednesday it received a contract worth up to $2.8 billion to provide information technology services to the Social Security Administration. The company said it will perform a variety of technology services ... (Source: AP - msnbc.com 2010-09-29T13:48:30Z)

NBA: Greg Oden not sure when he can rejoin Trail Blazers

PORTLAND — Much of the focus in the preseason for the Portland Trail Blazers falls on center Greg Oden, and whether this will be the year he finally lives up to the expectations of a No. 1 draft pick. But the 7-footer has to get healthy first. Oden ... (Source: Register-Guard 2010-09-28T07:08:49Z)

Unilever to buy Alberto Culver for US$3.7 bil.

AMSTERDAM--Consumer products maker Unilever NV said Monday it has agreed to buy Alberto Culver Co., the U.S. maker of beauty products such as TRESemme, VO5 and Simple, for US$3.7 billion in a management-backed deal. Unilever, which makes Dove soaps, Axe ... (Source: China Post 2010-09-28T06:11:33Z)

Latvia signs 1.9-billion-euro loan deal with Nordics

Riga - The Baltic state of Latvia signed agreements Tuesday with neighbouring countries, making 1.9 billion euros available to it as part of a total 7.5-billion-euro (10-billion-dollar) loan package brokered by the European Union and International Monetary ... (Source: Earthtimes 2010-09-21T10:30:24Z)

Walters shuts down Pirates, Cards triumph

ST. LOUIS — P.J. Walters quickly settled into a smooth rhythm against the Pittsburgh Pirates. Walters gave up an infield single to Andrew McCutchen on the first pitch of the game, then retired the next 14 batters in leading the St. Louis Cardinals to a 4 ... (Source: Tribune-Democrat 2010-09-30T03:53:10Z)

AmeriCredit to become part of GM next month after nod from shareholders

FORT WORTH, TEXAS — Shareholders at AmeriCredit approved the company's acquisition by General Motors Co., the companies said Wednesday. The deal is expected to close Oct. 1. Americredit is a company that handles loans for potential customers with less ... (Source: San Francisco Examiner 2010-09-29T17:01:46Z)

Mike Mastovich | Ferndale, Blacklick get the Point

Blacklick Valley and Ferndale are accustomed to playing home games on Saturday afternoons. Neither team has the luxury of playing on artificial turf during the regular season, as their conference, the WestPAC, is comprised of programs whose home fields all ... (Source: Tribune-Democrat 2010-09-30T03:53:10Z)

Still waiting for HP's new CEO

NEW YORK (CNNMoney.com) -- Many thought Hewlett-Packard would name its new CEO on Tuesday since it was having an analyst meeting that day. That didn't happen. But one analyst said HP has chosen its next CEO, and is in contract negotiations with that person ... (Source: CNN Money 2010-09-29T16:18:49Z)

Northrop Grumman Wins Role In $2.8 Bln Worth Social Security Administration Contract - Update

(RTTNews) - Defense contractor Northrop Grumman Corp. (NOC: News ) Wednesday said it received a role on a $2.8 billion contract to provide information technology solutions to Social Security Administration or SSA. The Los Angeles, California-based company ... (Source: RTT News 2010-09-29T14:09:58Z)

Debate: Critiquing the Greg Oden pick

The only thing Ric Bucher and Chris Broussard like to do more than report on the NBA is argue about the NBA. So we decided to combine those two skills for Insider's weekly One-on-One series, in which they'll debate the hottest topics in the Association ... (Source: ESPN 2010-09-23T17:30:22Z)

Greg Oden not sure when he'll return

Greg Oden will not be ready for the Portland Trail Blazers' season opener as he continues to recover from knee surgery, and he's not sure when he'll be able to play. "I wish I could honestly say there's a timeline, but there's not," the fourth-year center ... (Source: Sporting News 2010-09-28T07:37:27Z)

WINTERHAWKS: Luke Walker signs entry-level deal with Colorado

Walker had 10 points in 13 playoff games for the Winterhawks in 2010. He also helped the U.S. win the gold medal at the World Junior championships last season. In two Avalanche preseason games, he had a goal and a plus-2 rating. "I am confident he will ... (Source: Portland Tribune 2010-09-29T16:40:18Z)

HP, still missing a CEO, sees solid 2011

Its shares have fallen about 10 percent since Hurd's departure on Aug. 6. The company trades at just over 9 times forward earnings, a discount to peers such as IBM and Cisco Systems Inc. Shares of HP closed at $41.63 on the New York Stock Exchange and rose ... (Source: Reuters India 2010-09-29T00:33:56Z)

Events in Latvia leading to elections

Sept 29 (Reuters) - Here is a timeline on Latvia, which holds parliamentary elections on Saturday, in the last 20 years: Aug. 21, 1991 - Latvia declares independence after the failure of a hardline Soviet coup in Moscow. Aug. 31 - Soviet "Black Beret ... (Source: The Guardian 2010-09-29T12:08:17Z)

Winterhawks veterans help team come alive

PORTLAND — The traditional opening night fanfare will come on Saturday, but the Portland Winterhawks rewarded the 4,068 who showed up Monday at the Rose Garden for their actual 2010-11 Western Hockey League home opener. With young talent demonstrating ... (Source: Columbian 2010-09-28T05:57:14Z)

Jay Vincent to plea guilty in fraud case

GRAND RAPIDS, Mich. -- Former NBA and Michigan State star Jay Vincent has agreed to plead guilty to two crimes in a $2 million Internet scam. Vincent has agreed to plead guilty to mail fraud and filing a false tax return. The 10-page deal with his ... (Source: ESPN.com 2010-09-24T22:51:18Z)

Former Spartan Jay Vincent to plea guilty in fraud case

Grand Rapids -- Former NBA and Michigan State star Jay Vincent has agreed to plead guilty to two crimes in a $2 million Internet scam. Vincent has agreed to plead guilty to mail fraud and filing a false tax return. The 10-page deal with his signature was ... (Source: Detroit News 2010-09-25T02:04:34Z)

PARIS MOTOR SHOW: Saab To Use BMW Engines On Future Saab Models

-Major step towards successful future as independent company Trollhättan, Sweden: Today, Saab Automobile and BMW announced an agreement for the supply of engines to be used in next-generation Saab vehicles. Under the purchase, supply and development ... (Source: AutoSpies.com 2010-09-29T21:26:38Z)

GM buyout of AmeriCredit approved by shareholders

FORT WORTH, Texas— Shareholders at AmeriCredit approved the company's acquisition by General Motors Co., the companies said Wednesday. The deal is expected to close Oct. 1. Americredit is a company that handles loans for potential customers with less ... (Source: Boston Globe 2010-09-29T17:30:24Z)

Saab parent, BMW near parts, technology deal

Saab owner and luxury car maker Spyker is in talks with German peer BMW about parts and technology to help it triple sales volumes. Loss-making Saab, which was bought early this year by Dutch-listed Spyker from U.S.-based General Motors is scheduled to ... (Source: Chicago Tribune 2010-09-27T12:17:49Z)

Unilever to pay $3.7 billion for Alberto Culver

AMSTERDAM -- Consumer products maker Unilever NV said Monday it has agreed to buy Alberto Culver Co., the U.S. maker of beauty products such as TRESemme, VO5 and Noxzema, for $3.7 billion in a management-backed deal. Unilever, which makes Dove soaps ... (Source: Delaware Online 2010-09-28T07:44:37Z)

Fitch puts Alberto-Culver ratings on watch positive after Unilever deal

NEW YORK — Fitch Ratings on Monday placed Alberto-Culver Co.'s "BBB+" issuer default rating and senior unsecured debt ratings on watch positive, reflecting a potential upgrade, following Unilever's announcement that it was buying the beauty products ... (Source: Washington Examiner 2010-09-27T22:40:35Z)

HP, Still Without a CEO, Forecasts a Bright 2011

Its shares have fallen about 10 percent since Hurd's departure on Aug. 6. The company now trades at just over 9 times forward earnings, a discount to peers such as IBM and Cisco Systems (NASDAQ:CSCO). Shares of HP (NYSE:HPQ) closed at $41.63 on the New ... (Source: Channel Insider 2010-09-29T14:52:55Z)

Former MSU star Jay Vincent to plead guilty

GRAND RAPIDS — Former NBA and Michigan State star Jay Vincent has agreed to plead guilty to two crimes in a $2-million Internet scam. Vincent has agreed to plead guilty to mail fraud and filing a false tax return. The 10-page deal with his signature was ... (Source: Detroit Free Press 2010-09-25T04:49:13Z)

Luke Walker Signs with Colorado Avalanche

Luke Walker has signed an entry level contract with the Colorado Avalanche, who selected him in the fifth round of the 2010 National Hockey League Entry Draft. He has been assigned to the Lake Erie Monsters' training camp, the Avalanche's American Hockey ... (Source: OurSports Central 2010-09-29T01:02:34Z)

Pens deal Hawks 3rd preseason loss

PITTSBURGH – Evgeni Malkin scored for Pittsburgh and the Penguins beat the Blackhawks, 4-1, on Tuesday night. Dustin Jeffrey, Nick Johnson and Mark Letestu also had goals for Pittsburgh, and Paul Martin had two assists. Kyle Beach scored for the Hawks ... (Source: Northwest Herald 2010-09-29T10:35:13Z)

Northrop Grumman Wins Role On $2.8 Bln Contract To Provide IT Solutions To Social Security ...

(RTTNews) - Northrop Grumman Corp. (NOC: News ) said it has won a role on a $2.8 billion indefinite delivery, indefinite quantity contract to provide information technology, or IT, solutions to the Social Security Administration, or SSA, for improved ... (Source: RTT News 2010-09-29T12:08:17Z)

BMW, Saab Automobile Said to Agree on Engine-Purchasing Deal

Sept. 27 (Bloomberg) -- Saab Automobile and Bayerische Motoren Werke AG have agreed on a deal that allows the Swedish carmaker to use engines made by BMW, according to a person with direct knowledge of the matter. Saab will initially purchase BMW engines ... (Source: San Francisco Gate 2010-09-27T16:49:49Z)

Americredit Shareholders Approve Acquisition by Gm, Apfn

FORT WORTH, Texas (AP) AmeriCredit Corp. shareholders have approved the company's $3.5 billion sale to General Motors Co., the auto financing company said Wednesday. The deal is expected to close on Friday. Votes were reported at a shareholder meeting ... (Source: WCBD 2010-09-29T17:30:24Z)

Deals of the Hour / September 29, 2010, 10:41 pm

Nintendo says 3DS arriving in February, March

Nintendo's 3DS game machine packed with glasses-free 3-D technology goes on sale in February in Japan, and March in Europe and the U.S., not in time for year-end shopping, the company said Wednesday. Kyoto-based Nintendo Co. had promised the 3DS for ... (Source: AP - msnbc.com 2010-09-30T03:17:23Z)

Still waiting for HP's new CEO

NEW YORK (CNNMoney.com) -- Many thought Hewlett-Packard would name its new CEO on Tuesday since it was having an analyst meeting that day. That didn't happen. But one analyst said HP has chosen its next CEO, and is in contract negotiations with that person ... (Source: CNN Money 2010-09-29T16:18:49Z)

Saints re-sign Carney after Hartley misses field goal

NEW ORLEANS (Reuters) - The New Orleans Saints have brought back long-time kicker John Carney after his successor, Garrett Hartley, missed a field goal that would have beaten the Atlanta Falcons last weekend. Carney, 46, was added to the roster of the 2-1 ... (Source: FOX News 2010-09-29T17:37:34Z)

Arkansas lottery began 1 year ago; sales top $485M with gamblers' losses funding scholarships

LITTLE ROCK, Ark. (AP) — The Arkansas Scholarship Lottery is now a year old. A constitutional amendment to allow the lottery was approved by voters in November 2008, and the first ticket was sold a year ago Tuesday. The lottery sold $485 million worth of ... (Source: WREG 2010-09-28T12:30:56Z)

Cuba: The light after Castro

T he indestructible Fidel Castro, who for a couple of years kept a low profile amid reports of poor health, has made a number of appearances lately, engaging reporters and others on various topics. Although he has ceded governance to his brother Raul ... (Source: Columbia Daily Tribune 2010-09-22T23:07:59Z)

United States IPv6 plan called a 'game changer'

Internet policymakers and industry leaders are hailing the Obama Administration's plan to upgrade all federal Web sites and e-government services over the next two years to support IPv6 , the long-anticipated upgrade to the Internet's main communications ... (Source: it World Canada 2010-09-29T15:00:05Z)

Cuban state TV airs purported confession by Salvadoran charged in 1990s Havana bomb attacks

HAVANA (AP) — State television on Monday broadcast a recently extradited El Salvador man confessing to a role in a 1990s bombing spree against Cuba's tourist hotels, attacks that Havana has long blamed on Cuban-American exile groups. The suspect ... (Source: Fort Lauderdale Sun-Sentinel 2010-09-28T02:29:39Z)

Two dozen communities divert sewage

FARIBAULT, Minn. - The Minnesota Pollution Control Agency says it doesn't expect any long-term harm from two dozen communities dumping untreated sewage into area rivers. Twenty-four southeastern Minnesota municipalities bypassed wastewater treatment plants ... (Source: La Crosse Tribune 2010-09-29T03:32:53Z)

Saints Re-Sign John Carney After Garrett Hartley Misses Field Goal

The New Orleans Saints have brought back long-time kicker John Carney after his successor, Garrett Hartley, missed a field goal that would have beaten the Atlanta Falcons last weekend. Carney, 46, was added to the roster of the 2-1 Saints, the team ... (Source: Post Chronicle 2010-09-29T18:06:12Z)

Local man visits, recalls a long-lost Cuba

Joe Tato saw the long line of limousines outside his hotel and realized he was about to come face to face with the man who changed his life. It was 2005, and Tato had returned to Cuba 44 years after he was part of an exodus of 14,000 children fleeing the ... (Source: The Post and Courier 2010-09-27T10:51:55Z)

AP briefs: NY Governor's Race | Senate Majority | Immigration-Farms | Sex Offender-Bridge ...

NY Conservatives consider giving Paladino line; Cuomo hits Paladino turf in NY campaign swing. Poll: GOP shows strength in selected Senate races. VT, NY senatorss want visas expanded to dairy workers. Sex offender fails to report bridge address. States ... (Source: North Country Public Radio 2010-09-29T13:34:11Z)

Vt., NY sens want visas expanded to dairy workers

MONTPELIER, Vt — New York Sen. Kirsten Gillibrand and Vermont Sen. Patrick Leahy have introduced legislation that would allow dairy farmers to use a visa program to hire seasonal foreign workers. The dairy industry currently is excluded from hiring ... (Source: Press Republican 2010-09-29T11:18:10Z)

Fed's IPv6 plan called a "game changer"

Internet policymakers and industry leaders are hailing the Obama Administration's plan to upgrade all federal Web sites and e-government services over the next two years to support IPv6 , the long-anticipated upgrade to the Internet's main communications ... (Source: Australian Techworld 2010-09-29T22:38:13Z)

HP, Still Without a CEO, Forecasts a Bright 2011

Its shares have fallen about 10 percent since Hurd's departure on Aug. 6. The company now trades at just over 9 times forward earnings, a discount to peers such as IBM and Cisco Systems (NASDAQ:CSCO). Shares of HP (NYSE:HPQ) closed at $41.63 on the New ... (Source: Channel Insider 2010-09-29T14:52:55Z)

Ningbo Port Drops on Debut After $1.1 Billion IPO

(Adds analyst's comment in fourth paragraph.) Sept. 28 (Bloomberg) -- Ningbo Port Co., operator of the world's second-busiest harbor by total throughput, declined on its Shanghai trading debut after a reduction in the size of its initial share sale ... (Source: BusinessWeek 2010-09-28T02:51:07Z)

Flooding, sewage woes should not have long-term impact on water quality

FARIBAULT, Minn. -- The Minnesota Pollution Control Agency says it doesn't expect any long-term harm from two dozen communities dumping untreated sewage into area rivers. Twenty-four southeastern Minnesota municipalities bypassed wastewater treatment ... (Source: msnbc.com 2010-09-29T00:41:05Z)

Ark. Lt. Gov. Halter calls for lottery, scholarships; says students had too long a wait

LITTLE ROCK, ARK. — The main supporter of a constitutional amendment that created the Arkansas Scholarship Lottery marked the first anniversary of its launch Tuesday by calling for changes in how scholarships are awarded. Lt. Gov. Bill Halter praised the ... (Source: Washington Examiner 2010-09-28T21:34:58Z)

Nintendo Stumbles Again

Sorry, Nintendo (OTC BB: NTDOY.PK) fans. You can cross the upcoming 3-D version of its portable gaming device off your holiday wish list. The Japanese video-game juggernaut won't release the Nintendo 3DS until early 2011, missing the seasonal spike that ... (Source: Motley Fool 2010-09-29T20:15:03Z)

Ningbo Port Falls on Shanghai Debut After $1.1 Billion Initial Share Sale

Ningbo Port Co. , operator of the world's second-busiest harbor by total throughput, declined on its Shanghai trading debut after a reduction in the size of its initial share sale failed to allay concern about Chinese stocks. The company, which raised 7 ... (Source: Bloomberg 2010-09-28T02:58:17Z)

HP, still missing a CEO, sees solid 2011

Its shares have fallen about 10 percent since Hurd's departure on Aug. 6. The company trades at just over 9 times forward earnings, a discount to peers such as IBM and Cisco Systems Inc. Shares of HP closed at $41.63 on the New York Stock Exchange and rose ... (Source: Reuters India 2010-09-29T00:33:56Z)

Saints Sign Carney; Hartley Remains On Roster

WAPT.com The New Orleans Saints have signed 46-year-old kicker John Carney -- two days after incumbent kicker Garrett Hartley missed a chip shot field goal that would have kept the team undefeated on the young season. Carney, who played for the Saints from ... (Source: msnbc.com 2010-09-30T04:43:17Z)

Floyd Landis says he waited too long to admit doping

MELBOURNE, Australia (AP) — Disgraced cyclist Floyd Landis says he waited almost four years to reveal his doping because he knew once he'd admitted lying, he would not be believed about the widespread use of performance enhancing drugs in the sport ... (Source: USA Today 2010-09-28T14:54:06Z)

MPCA Says Sewage in Rivers Not A Concern

Now one area of concern from the flooding has been protecting area wastewater treatment facilities...The Minnesota Pollution control agency Says it doesn't expect any long-term harm from two dozen Communities dumping untreated sewage into area rivers ... (Source: KEYC 2010-09-28T18:57:29Z)

Leahy, Gillibrand Offer Bill to Give Dairy Workers Access to VISA Program

From The U.S. Senate: U.S. Senators Patrick Leahy (D-Vt.) and Kirsten Gillibrand (D-N.Y.) Tuesday introduced the H-2A Improvement Act, legislation to ensure that dairy farmers in Vermont, New York and other dairy states can use a visa program long used by ... (Source: News Channel 34 2010-09-28T20:52:01Z)

Fed's IPv6 plan called a 'game changer'

Network World - Internet policymakers and industry leaders are hailing the Obama Administration's plan to upgrade all federal Web sites and e-government services over the next two years to support IPv6 , the long-anticipated upgrade to the Internet's main ... (Source: Computerworld 2010-09-28T23:29:30Z)

Arkansas Scholarship Lottery Celebrates One Year Anniversary

The Arkansas Scholarship Lottery marks its first Anniversary Tuesday. In its first year, the Lottery had gross sales of more than $485 Million which funded thousands of scholarships for students through the Arkansas Department of Higher Education. There ... (Source: KATV 2010-09-28T00:13:38Z)

Landis says he waited too long to come clean

MELBOURNE, Australia (AP) - Disgraced cyclist Floyd Landis says he waited almost four years to reveal his doping because he knew once he'd admitted lying, he would not be believed about the widespread use of performance enhancing drugs in the sport. After ... (Source: HometownAnnapolis.com 2010-09-28T17:31:35Z)

Nintendo 3DS not ready for Christmas

Nintendo announced that its 3DS game machine, packed with glasses-free 3-D technology, won't be ready to go on sale for Christmas. The 3DS will go on sale in February in Japan, and March in Europe and the U.S., missing the year-end shopping seaon which is ... (Source: Pittsburgh Tribune-Review 2010-09-30T04:00:20Z)

Disgraced cyclist Landis says he waited too long to admit to doping

MELBOURNE, Australia - Disgraced cyclist Floyd Landis says he waited almost four years to reveal his doping because he knew once he'd admitted lying, he would not be believed about the widespread use of performance-enhancing drugs in the sport. After years ... (Source: Winnipeg Free Press 2010-09-28T12:02:18Z)

China Shares May Open Higher

(RTTNews) - The China stock market on Tuesday saw an end to the two-day winning streak in which it had surged more than 40 points or 1.6 percent. The Shanghai Composite Index finished just above the 2,610-point plateau, and now investors are looking ... (Source: RTT News 2010-09-29T00:26:46Z)

Deals of the Hour / September 29, 2010, 8:40 pm

UPDATE 2-Sanofi reported weighing higher Genzyme offer

PARIS/LONDON, Sept 29 (Reuters) - Sanofi-Aventis is considering whether to raise its $18.5 billion bid for U.S. drugmaker Genzyme as soon as next week, Bloomberg said on Wednesday, citing people with knowledge of the matter. France's largest drugmaker is ... (Source: Finanz Nachrichten 2010-09-29T10:35:13Z)

Deal news helps stocks recover from early losses

Stocks are ending higher as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week rally in the market ... (Source: AP - msnbc.com 2010-09-28T20:16:14Z)

John Carney: Saints Sign Veteran Kicker to One-Year Deal

The Saints have signed 46-year-old veteran kicker John Carney to a one-year deal for the veteran's minimum. Carney worked out for the Saints after Garrett Hartley missed a game-winning field goal in the Saints' 27-24 overtime loss to the Falcons on ... (Source: Bleacherreport.com 2010-09-30T02:48:45Z)

Halftime: Gains In Citi Send Wrong Signal?

However, in the wake of Citi's move higher, optimistic chatter has surfaced suggesting gains in Citi could finally light a fire under the beleaguered financials, broadly. If Citi triggers a rally in the XLF I'd add to shorts in the financials as a whole ... (Source: CNBC 2010-09-29T17:16:05Z)

Gascoyne extends deal with Lotus

LONDON (AP)—Lotus Racing has extended the contract of its chief technical officer Mike Gascoyne until 2015, amid legal challenges over the future of the Formula One team. The reborn Lotus, led by Malaysian airline tycoon Tony Fernandes, entered F1 this ... (Source: YAHOO! 2010-09-26T23:53:21Z)

Veteran K John Carney says he's Garrett Hartley's 'caddie,' ready to kick for Saints if needed

METAIRIE, LA. — John Carney applies the language of golf to kicking in the NFL. When the 46-year-old kicker talks about how he envisions his role in what is now his 23rd NFL season, he refers to himself as a "caddie" for embattled fellow Saints kicker ... (Source: Washington Examiner 2010-09-30T01:30:00Z)

Latecomers rush to join Wall St's rally

NEW YORK (Reuters) - The Dow (DJI: ^DJI - News ) and the S&P 500 edged up on Tuesday as corporate deal news and earnings expectations continued to fuel investor optimism. Wall Street had opened lower after weak data on the state of consumer and the housing ... (Source: Yahoo Finance 2010-09-28T20:09:04Z)

Carmelo Anthony Trade Rumors Continue; What Destinations Make the Most Sense?

For a good portion of the weekend, it appeared that Carmelo Anthony was going to become a member of the New Jersey Nets in a blockbuster four-team trade that would have also included Charlotte and Utah. With Denver fretting over the economics of the deal ... (Source: Associated Content 2010-09-30T02:34:26Z)

Stocks: Deal news helps market recover from early losses

NEW YORK — Stocks are ending higher as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week rally ... (Source: Tulsa World 2010-09-28T20:37:42Z)

Source: Carmelo to Nets 'dead'

A four-way deal that would have sent Carmelo Anthony to New Jersey is "dead," a person with knowledge of the discussions said yesterday. The person spoke to the Associated Press on condition of anonymity because he wasn't authorized to speak publicly about ... (Source: Philadelphia Daily News 2010-09-30T03:03:04Z)

Wall Street Inches up on Deal News but Data Weighs

NEW YORK (Reuters) - The Dow .DJI> and the S&P 500 edged up on Tuesday as corporate deal news and earnings expectations continued to fuel investor optimism. Wall Street had opened lower after weak data on the state of consumer and the housing sector, but ... (Source: ABC News 2010-09-28T20:09:04Z)

Carney says he's ready to help embattled Saints kicker Hartley

METAIRIE, La. -- John Carney applies the language of golf to kicking in the NFL. When the 46-year-old talks about how he envisions his role in what is now his 23rd NFL season, he refers to himself as a "caddie" for fellow New Orleans Saints kicker Garrett ... (Source: NFL 2010-09-30T01:51:29Z)

Proton insists it owns Lotus name

PARIS: Group Lotus is the only company entitled to use the Lotus name in Formula One, reiterated Proton Holdings Bhd group managing director Datuk Syed Zainal Abidin Syed Mohamed Tahir. He said Lotus Racing Formula One team principal Datuk Seri Tony ... (Source: star.com.my 2010-09-30T02:05:48Z)

JetBlue CEO says no deal to compete with Southwest

NEW YORK — JetBlue's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could ... (Source: Lubbock Avalanche-Journal 2010-09-29T05:41:44Z)

Hevesi Said to Be Close to a Guilty Plea

Former New York state comptroller Alan Hevesi is close to a deal to plead guilty in an ongoing probe of corruption in the state's public pension fund, people familiar with the matter said. A deal, which the people said would likely be for a felony charge ... (Source: Wall Street Journal 2010-09-29T02:49:56Z)

More Fed easing not yet a done deal

SEWANEE, Tennessee — A top Federal Reserve official said on Tuesday that he has yet to make up his mind whether further ease monetary policy is needed, despite a weakening U.S. economy and some risk of deflation. Even with the risk of deflation, a ... (Source: Calgary Herald 2010-09-29T22:59:41Z)

Report: Carmelo Anthony deal to Nets dead

DENVER -- A person with knowledge of the discussions said Tuesday that a four-team deal that would have sent Nuggets All-Star Carmelo Anthony to New Jersey is dead. The person spoke to the Associated Press on condition of anonymity because he wasn't ... (Source: Detroit Free Press 2010-09-29T18:27:40Z)

Genzyme Chief Prepared to Leave to Ease Deal

Genzyme 's chief executive, Henri Termeer, has suggested he is more open Sanofi-Aventis 's proposed takeover of the biotechnology company than at any point in the past, telling The Financial Times, he would be prepared step down to facilitate the deal ... (Source: New York Times Blogs 2010-09-29T10:42:23Z)

JetBlue CEO: No deal to compete with Southwest

JetBlue's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could jeopardize JetBlue ... (Source: AP - msnbc.com 2010-09-29T00:05:18Z)

Fernandes and Lotus tug-of-war unpacked

The Lotus Racing story has some odd twists and turns but in the end, it really appears to be a power struggle for the name Lotus. The Lotus Racing team was originally formed as 1Malaysia Racing Team owned by Malaysian tycoon and AirAsia owner Tony ... (Source: Bleacherreport.com 2010-09-29T18:20:31Z)

JetBlue: No deal to compete with Southwest

JetBlue 's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could jeopardize JetBlue ... (Source: Long Island Business News 2010-09-29T19:17:47Z)

WRAPUP 1-More Fed easing not yet a done deal, Lockhart says

SEWANEE, Tenn., Sept 28 (Reuters) - A top Federal Reserve official said on Tuesday that he has yet to make up his mind whether further ease monetary policy is needed, despite a weakening U.S. economy and some risk of deflation. Even with the risk of ... (Source: Reuters 2010-09-29T00:05:18Z)

No California budget deal yet, more talks on Tuesday

SACRAMENTO, California (Reuters) - California's leaders failed to reach a final budget agreement to close a $19.1 billion deficit on Monday, the 89th day of their stalemate over a spending plan, top lawmakers said. California's budget has suffered massive ... (Source: Reuters 2010-09-28T02:29:39Z)

Hevesi plea deal nears

ALBANY -- Alan G. Hevesi , the former New York state comptroller, is poised to plead guilty to a felony corruption charge after a lengthy investigation into his office's rewarding of pension investment business to firms that provided financial benefits to ... (Source: Times Union 2010-09-29T04:01:31Z)

Deal news Tuesday helps stocks recover from early losses

NEW YORK — Stocks ended higher Tuesday as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week ... (Source: Pioneer Press 2010-09-29T02:28:28Z)

Hevesi backer agrees to NY attorney general deal

ALBANY -- A state official says New York Attorney General Andrew Cuomo is expected to announce that he has secured a civil agreement with a former fundraiser for ex-Comptroller Alan Hevesi in a probe of the pay-to-play scandal at the massive state pension ... (Source: WRGB 2010-09-16T15:36:58Z)

Sanofi reported weighing higher Genzyme offer

By Caroline Jacobs and Quentin Webb PARIS/LONDON (Reuters) - Sanofi-Aventis <SASY.PA> is considering whether to raise its $18.5 billion bid for U.S. drugmaker Genzyme <GENZ.O> as soon as next week, Bloomberg said on Wednesday, citing people with knowledge ... (Source: msnbc.com 2010-09-29T11:53:58Z)

New delay hits faith in California budget deal

California's leaders will not meet on Wednesday to press on with talks to reach an agreement on a state budget, raising concerns that a deal on a spending plan may not be as near as indicated. California is in its 91st day without a state budget in place ... (Source: msnbc.com 2010-09-29T20:00:44Z)

Governor and lawmakers cancel budget meeting

SACRAMENTO - Gov. Arnold Schwarzenegger and legislative leaders abruptly canceled their scheduled budget talks Tuesday, hours after Schwarzenegger's press secretary blamed "union bosses" for blocking pension reforms the governor insists are needed to solve ... (Source: San Jose Mercury News 2010-09-29T04:51:38Z)

More Fed easing not yet a done deal, Lockhart says

SEWANEE, Tenn. (Reuters) - A top Federal Reserve official said on Tuesday that he has yet to make up his mind whether further ease monetary policy is needed, despite a weakening U.S. economy and some risk of deflation. Even with the risk of deflation, a ... (Source: Reuters 2010-09-29T03:47:12Z)

Deals of the Hour / September 29, 2010, 7:41 pm

Federal authorities get telephone recording linked to Lance Armstrong case

Federal prosecutors have obtained a telephone conversation secretly recorded six years ago by three-time Tour de France champion Greg LeMond in which he and a woman close to Lance Armstrong discuss her being present in 1996 when others say Armstrong told ... (Source: Los Angeles Times 2010-09-16T05:21:22Z)

JetBlue CEO: No deal to compete with Southwest

JetBlue's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could jeopardize JetBlue ... (Source: AP - msnbc.com 2010-09-29T00:05:18Z)

Deal news Tuesday helps stocks recover from early losses

NEW YORK — Stocks ended higher Tuesday as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week ... (Source: Pioneer Press 2010-09-29T02:28:28Z)

Hevesi Said to Be Close to a Guilty Plea

Former New York state comptroller Alan Hevesi is close to a deal to plead guilty in an ongoing probe of corruption in the state's public pension fund, people familiar with the matter said. A deal, which the people said would likely be for a felony charge ... (Source: Wall Street Journal 2010-09-29T02:49:56Z)

Column: Slow post-recession job growth signals economic realignment

The slow and uneven job growth combined with shockingly fast productivity growth eerily signal that much of our economy has gone through a structural change. This week the National Bureau of Economic Research's Business Cycle Dating Committee called the ... (Source: Daily Journal 2010-09-30T00:47:03Z)

Hevesi backer agrees to NY attorney general deal

ALBANY -- A state official says New York Attorney General Andrew Cuomo is expected to announce that he has secured a civil agreement with a former fundraiser for ex-Comptroller Alan Hevesi in a probe of the pay-to-play scandal at the massive state pension ... (Source: WRGB 2010-09-16T15:36:58Z)

Stocks: Deal news helps market recover from early losses

NEW YORK — Stocks are ending higher as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week rally ... (Source: Tulsa World 2010-09-28T20:37:42Z)

Floyd Landis: I knew I'd be doubted

MELBOURNE, Australia -- Disgraced cyclist Floyd Landis says he waited almost four years to reveal his doping because he knew once he'd admitted lying, he would not be believed about the widespread use of performance enhancing drugs in the sport. After ... (Source: ESPN.com 2010-09-28T11:33:40Z)

NFL looking into Packer's confrontation with Bears fan

The NFL is investigating a confrontation between Green Bay Packers safety Nick Collins and a fan after Monday night's loss to the Bears at Chicago's Soldier Field. Spokesman Greg Aiello told the Associated Press the league is "in the process of reviewing ... (Source: Philadelphia Daily News 2010-09-29T07:00:28Z)

LI man pleads guilty in pot smuggling ring

A Long Island man has pleaded guilty in federal court in New Hampshire to conspiracy to sell thousands of pounds of marijuana in a $6 million pot smuggling ring that operated between Canada and the United States. Arash Rahbar faces up to life in prison ... (Source: Long Island Business News 2010-09-29T13:34:11Z)

NFL: League probes Packer's confrontation with fan

The NFL is investigating a confrontation between Green Bay safety Nick Collins and a fan after the Packers lost to the Bears on Monday night at Chicago's Soldier Field. Spokesman Greg Aiello said the league is "in the process of reviewing all the facts ... (Source: Philadelphia Daily News 2010-09-29T07:57:44Z)

Deal news helps stocks recover from early losses

Stocks are ending higher as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week rally in the market ... (Source: AP - msnbc.com 2010-09-28T20:16:14Z)

Latecomers rush to join Wall St's rally

NEW YORK (Reuters) - The Dow (DJI: ^DJI - News ) and the S&P 500 edged up on Tuesday as corporate deal news and earnings expectations continued to fuel investor optimism. Wall Street had opened lower after weak data on the state of consumer and the housing ... (Source: Yahoo Finance 2010-09-28T20:09:04Z)

JetBlue CEO says no deal to compete with Southwest

NEW YORK — JetBlue's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could ... (Source: Lubbock Avalanche-Journal 2010-09-29T05:41:44Z)

Proposed Carmelo Anthony deal hits roadblock

A possible four-team trade that would send Nuggets All-Star forward Carmelo Anthony to the New Jersey Nets has stalled over the weekend, according to multiple reports. Yahoo! Sports is reporting that Anthony has become less enthusiastic about signing a ... (Source: Sporting News 2010-09-26T18:31:14Z)

Packers safety Nick Collins confronts fan at Bears game

Milwaukee -- The NFL is investigating a confrontation between Packers safety Nick Collins and a fan after Monday's loss to the Bears at Soldier Field. NFL representative Greg Aiello told The Associated Press league officials are "in the process of ... (Source: Detroit News 2010-09-29T16:18:49Z)

North Carolina's two largest electric utilities, Duke Energy, Progress Energy, buy power from poop ...

BOONVILLE — North Carolina's two largest electric utilities are lining up green power from methane gas that has long gone to waste. The Charlotte Observer reported today that Duke Energy is testing a generating system at a 9,000-head hog farm in ... (Source: Asheville Citizen-Times 2010-09-28T13:56:50Z)

Long Island Man Pleads Guilty in NH to Pot Smuggling Ring

A Long Island man is facing life imprisonment after he pleaded guilty in federal court in New Hampshire to conspiracy to sell thousands of pounds of marijuana in a $6 million pot smuggling ring. Arash Rahbar, 29, regularly received 100 pounds of marijuana ... (Source: LongIslandPress 2010-09-29T13:55:39Z)

Duke Energy executive discusses divesting, nuclear power

Duke Energy expects to make a decision in the next two months about whether to divest its Midwest electric generating plants as part of a required rate filing with the Public Utilities Commission of Ohio (PUCO), the head of the company's regulated ... (Source: Cincinnati.com 2010-09-28T18:36:01Z)

Hevesi plea deal nears

ALBANY -- Alan G. Hevesi , the former New York state comptroller, is poised to plead guilty to a felony corruption charge after a lengthy investigation into his office's rewarding of pension investment business to firms that provided financial benefits to ... (Source: Times Union 2010-09-29T04:01:31Z)

Halftime: Gains In Citi Send Wrong Signal?

However, in the wake of Citi's move higher, optimistic chatter has surfaced suggesting gains in Citi could finally light a fire under the beleaguered financials, broadly. If Citi triggers a rally in the XLF I'd add to shorts in the financials as a whole ... (Source: CNBC 2010-09-29T17:16:05Z)

Recession forces deep, long-term changes in lifestyle

The nation's financial crisis is altering Americans ' way of life from the home and the workplace to the highway and the altar, according to 2009 Census data released Tuesday. Median household income — the level where half make more and half make less ... (Source: USA Today 2010-09-29T02:49:56Z)

New data offers proof: The recession hurts

Stop us if you've heard this before: Household income is down. Poverty levels are up. People who still have jobs are working fewer hours. Census data released Tuesday confirmed what most Americans already knew. "It is very clear how extensive the economic ... (Source: Houston Chronicle 2010-09-29T11:39:39Z)

Carmelo Anthony Trade Loses New Jersey Nets Involvement

A Carmelo Anthony trade will no longer involve the New Jersey Nets. As the Denver Nuggets talked about a trade for Anthony with other teams, they left the New Jersey Nets, These Carmelo Anthony trade talks have been going on for what seems like a full ... (Source: Associated Content 2010-09-29T16:04:30Z)

JetBlue: No deal to compete with Southwest

JetBlue 's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could jeopardize JetBlue ... (Source: Long Island Business News 2010-09-29T19:17:47Z)

Floyd Landis says he waited too long to own up to doping

M ELBOURNE, Australia — Disgraced cyclist Floyd Landis says he waited almost four years to reveal his doping because he knew once he'd admitted lying, he would not be believed about the widespread use of performance enhancing drugs in the sport. After ... (Source: Boston Herald 2010-09-28T16:34:19Z)

Carmelo Anthony happy to be a Nugget

DENVER -- Carmelo Anthony said he loves being with the Denver Nuggets and is happy to go through the season with free agency a real possibility next summer. The Nuggets forward, who has been the subject of trade talk for months, said after the second day ... (Source: ESPN.com 2010-09-30T00:32:44Z)

Man pleads guilty in NH in pot smuggling ring

CONCORD, N.H. (AP) — A Long Island man has pleaded guilty in federal court in New Hampshire to conspiracy to sell thousands of pounds of marijuana in a $6 million pot smuggling ring that operated between Canada and the United States. Arash Rahbar faces ... (Source: Fosters Daily Democrat 2010-09-29T07:14:47Z)

Wall Street Inches up on Deal News but Data Weighs

NEW YORK (Reuters) - The Dow .DJI> and the S&P 500 edged up on Tuesday as corporate deal news and earnings expectations continued to fuel investor optimism. Wall Street had opened lower after weak data on the state of consumer and the housing sector, but ... (Source: ABC News 2010-09-28T20:09:04Z)

NC utilities buy power from poop, landfills

BOONVILLE, N.C. (AP) -- North Carolina's two largest electric utilities are lining up green power from methane gas that has long gone to waste. Duke Energy is testing a generating system at a 9,000-head hog farm in Boonville, about 70 miles north of ... (Source: msnbc.com 2010-09-28T13:13:53Z)

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