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 30, 2010, 11:43 pm

Inspirational sources key for U.S., Europe teams at Ryder Cup

NEWPORT, Wales - Preparations for the Ryder Cup were intense and inspirational. There was laughter and a few tears. One thing players from both sides agreed on was the importance of rallying behind the flag. And that was before anyone hit a shot Wednesday ... (Source: Temple Daily Telegram 2010-10-01T06:15:09Z)

Dollar Thrifty shareholders reject Hertz deal, means Avis offer still a possibility

CHICAGO (AP) — Dollar Thrifty Automotive Group shareholders have rejected a buyout offer from Hertz, giving an opening for rival bidder Avis Budget Group's offer for the car rental company. Hertz Global Holdings Inc. shares fell $1.12, or 9.7 percent, to ... (Source: Los Angeles Times 2010-09-30T19:38:04Z)

Rain pounds Celtic Manor for start of Ryder Cup

NEWPORT, Wales -- The Ryder Cup is getting off to a wet start. Overnight rain continued to pour on Celtic Manor early Friday, leaving the course so soggy that officials said the opening session of matches would be preferred lies. That means players will be ... (Source: Seattle Post Intelligencer 2010-10-01T06:29:28Z)

AOL in Talks for TechCrunch

AOL Inc. has been in talks to acquire technology blog TechCrunch, according to a person familiar with the matter. Terms and status of the deal couldn't be learned. A deal would mark a high-profile marriage between the Internet giant and one of Silicon ... (Source: Wall Street Journal 2010-09-28T20:37:42Z)

Oklahoma Student Loan Deal in the Market

Oklahoma Student Loan Authority 2010 (OSLA 2010) is in the market with a $232 million FFELP-backed student loan deal. The three-tranche SLABS is managed by Bank of America Merrill Lynch . According to a Fitch Ratings presale report, the series 2010A bonds ... (Source: Structured Finance News 2010-09-23T21:55:13Z)

Corey Pavin shows nerves, Europe shows verve at Ryder Cup

Newport, Wales -- Good thing for the Americans the Ryder Cup ultimately comes down to golf shots, not style points. U.S. captain Corey Pavin, his voice unsteady at the opening ceremony Thursday, introduced the 11 players on his squad and was about to sit ... (Source: Detroit News 2010-10-01T06:00:50Z)

Ecuador's Correa leaving hospital - state media

QUITO, Sept 30 (Reuters) - Ecuador's President Rafael Correa was on his way out of a hospital where he had holed up surrounded by police protesting austerity measures on Thursday, a state media service said. "President Correa is leaving in a wheelchair and ... (Source: Reuters 2010-10-01T02:26:05Z)

No Nintendo 3DS This Holiday Season

Nintendo will spend this Christmas spinning its wheels, for the most part. Some anticipated titles are due to launch this holiday season (such as Shaun White's snowboarding game and Babysitting Mama ) but wiithout the 3DS to strengthen sales, the company's ... (Source: Associated Content 2010-09-30T12:14:15Z)

Reds' Baker says status quo on new deal

CINCINNATI — Reds manager Dusty Baker is staying quiet about his contract situation. Baker, in the last year of a three-year deal, led the Reds to the NL Central title this season for their first playoff appearance in 15 years. There are multiple reports ... (Source: Dayton Daily News 2010-09-30T22:29:52Z)

Snap analysis: Wild police protests weaken Ecuador's Correa

Ecuadorean President Rafael Correa survived the most serious challenge of his four years in office when troops rescued him from a hospital surrounded by renegade police, but his position has been weakened by the crisis. Correa, who was attacked on Thursday ... (Source: msnbc.com 2010-10-01T05:46:31Z)

US presses Israel for renewal of freeze on settlement building

WASHINGTON — The Obama administration is trying to cajole the Israeli government into a 60-day renewal of the freeze on Jewish settlement building by offering it security guarantees, ranging from military hardware to support for a long-term Israeli ... (Source: Boston Globe 2010-10-01T06:15:09Z)

Will Mark Zuckerberg Violate Your Skype Privacy Before the Feds Can?

The most and least annoying providers of ubiquitous free services on the Internet are teaming up , according to All Things Digital: [A]ccording to sources close to the situation, Facebook and Skype are poised to announce a significant and wide-ranging ... (Source: Slate 2010-09-30T17:36:22Z)

AIG hails deal to repay billions it got in bailout

AIG, which became a lightning rod for criticism over government bailouts, said it has reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a profit to taxpayers who footed the bill for ... (Source: St. Louis Post-Dispatch 2010-10-01T04:56:25Z)

Nintendo cuts profit, 3DS not ready for Christmas

Nintendo shares tumbled Thursday after the company said its 3DS game machine, packed with glasses-free 3-D technology, won't be ready to go on sale for Christmas, crushing its earnings forecast by more than half. Nintendo now expects 90 billion yen ($1 ... (Source: AP - msnbc.com 2010-09-30T03:17:23Z)

Israel's Jewish Character Is Subject for Debate

Benjamin Netanyahu and Barack Obama have spent a great deal of energy trying to forestall any discussion of Israel's Jewish character and what that actually means. The Israelis want the feckless and illegitimate Palestinian Authority head, Mahmoud Abbas ... (Source: Huffingtonpost.com 2010-09-30T19:45:13Z)

Reds, Baker have a deal

Reds manager Dusty Baker has often said he didn't come here to leave. "I want to see this thing through," Baker said. He'll get a chance. The Reds and Baker have agreed in principle to a two-year contract extension. "We're close, very close," Baker said ... (Source: Cincinnati.com 2010-10-01T01:14:30Z)

AOL eyes TechCrunch

Aol is in talks to acquire tech blog TechCrunch, wsj.com reported, citing a source familiar with the talks. Terms and status of the deal couldn't be learned. AOL and TechCrunch have previously held acquisition talks, the Journal reported, noting there is ... (Source: New York Post 2010-09-28T04:17:01Z)

Israeli Foreign Minister breaks with Netanyahu over peace talks

UNITED NATIONS--Israeli Foreign Minister Avigdor Liberman on Tuesday broke ranks with Prime Minister Benjamin Netanyahu's peace strategy, telling the UN General Assembly that Israel should drop plans to negotiate a peace deal within the next year, and ... (Source: Washington Post 2010-09-28T21:49:17Z)

Fitch Affirms Sr. & Downgrades Sub. Notes of Education Lending Group CIT Education Loan ...

Fitch Ratings affirms the senior student loan notes and downgrades the subordinate note issued by Education Lending Group, Inc. CIT Education Loan Trust 2005-1. The Rating Outlook remains Stable for the senior notes and a Stable Outlook is also assigned to ... (Source: PR Inside 2010-09-30T20:49:39Z)

AIG, U.S. reach deal on bailout payback

American International Group Inc. said it has reached agreement in principle with U.S. government officials to repay about $100 billion in taxpayer money it still owes, a process that could end one of the largest and most controversial bailouts of the ... (Source: Los Angeles Times 2010-10-01T01:07:21Z)

Dollar Thrifty shareholders reject Hertz deal; Avis offer could still be in play

THE VOTE: Dollar Thrifty shareholders rejected a buyout offer from Hertz, with 11.8 million votes for the deal and 13.8 million against. THE OFFERS: Hertz was offering $43.60 in cash and 0.6366 shares of common stock of Hertz, for each share of Dollar ... (Source: Los Angeles Times 2010-09-30T20:42:29Z)

Fitch Affirms Blade Engine Securitization

CHICAGO - (Business Wire) Fitch Ratings affirms Blade Engine Securitization LTD as follows: --Series 2006-1A-1 Floating Rate Notes A-1 notes at 'Asf'; --Series 2006-1A-2 Fixed Rate Notes at 'Asf'; --Series 2006-1B Floating Rate Notes at 'BBBsf'. In ... (Source: Earthtimes 2010-09-30T22:08:23Z)

Reds report: Inside pitch

The Reds and manager Dusty Baker are nearing an agreement on a two-year contract extension. "We're close, very close," Baker said. "We've been close for a while." Baker, in the final year of his three-year contract, has led the Reds to their first playoff ... (Source: CBS Sports 2010-10-01T02:33:15Z)

Dollar Thrifty shareholders reject Hertz deal

Dollar Thrifty Automotive Group Inc. shareholders rejected a buyout offer from Hertz on Thursday against the recommendation of the company's board. The rejection likely takes Hertz out of the bidding for the car-rental chain and offers an opening for rival ... (Source: AP - msnbc.com 2010-09-30T22:01:14Z)

AIG, U.S. Agree on an Exit Deal; Making It Work Will Be Tougher

The U.S. government will sell off its stake in American International Group Inc., under a plan that could end the controversial bailout sooner than many thought but that remains fraught with risk. Analysts cautioned that executing the plan, which will ... (Source: Wall Street Journal 2010-10-01T02:26:05Z)

Factbox: Ecuador and its President Rafael Correa

QUITO (Reuters) - Unrest erupted in Ecuador on Thursday with soldiers taking the main airport and police protesting in the streets while President Rafael Correa considered whether to dissolve a deadlocked Congress. Here are some facts about Correa and ... (Source: Reuters 2010-10-01T01:57:27Z)

Report: Facebook, Skype close to a deal

Facebook and Skype are declining comment on an All Things D report that the two companies are close to a deal that would add Internet phone calling to Facebook pages. The two companies are planning a "significant and wide-ranging partnership that will ... (Source: USA Today 2010-09-29T20:15:03Z)

Nintendo 3DS not ready for Christmas

CHIBA, Japan — Nintendo slashed its earnings forecast by more than half Wednesday after announcing that its 3DS game machine, packed with glasses-free 3-D technology, won't be ready to go on sale for Christmas. Nintendo now expects 90 billion yen ($1 ... (Source: The Daily Advertiser 2010-10-01T05:32:12Z)

Skype and Facebook to Announce Partnership [RUMOR]

Facebook and Skype are working on a deal that would integrate Facebook Connect with Skype accounts, AllThingsD has learned citing sources familiar with the situation. ATD has managed to get a hold of a screenshot showing the new features in action: once ... (Source: YAHOO! 2010-09-29T11:46:48Z)

AOL to buy tech-news blog TechCrunch

AOL, closing a deal some say is aimed primarily at grabbing "mindshare" in Silicon Valley and the Internet industry, is acquiring TechCrunch, the lively, 5-year-old Bay Area-based online news operation known for its tight focus on the business of digital ... (Source: San Jose Mercury News 2010-09-29T03:40:03Z)

Deals of the Hour / September 30, 2010, 10:43 pm

Prices slip, volume light before 7-year sale

NEW YORK, Sept 29 (Reuters) - Prices of U.S. government debt fell slightly on Wednesday and volume in the market was light as traders prepared for a $29 billion sale of seven-year Treasury notes. The 1 p.m. (1700 GMT) auction will likely be carried out ... (Source: The Guardian 2010-09-29T16:04:30Z)

UPDATE 3-ABB units plead guilty over bribes to win deals

WASHINGTON, Sept 29 (Reuters) - Two units of Swiss engineering company ABB Ltd ( ABBN.VX ) pleaded guilty to paying bribes to win multimillion dollar contracts in Iraq and Mexico and agreed to pay more than $58 million in fines, the U.S. Justice Department ... (Source: Reuters 2010-09-29T23:56:57Z)

Mortgage rates at record lows: Freddie Mac

NEW YORK (Reuters) - U.S. 30-year and 15-year mortgage rates either tied or reached record lows in the latest week, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom rates offer a ... (Source: Reuters 2010-09-30T14:51:44Z)

RPT-UPDATE 1-US mortgage rates at record lows-Freddie Mac

NEW YORK, Sept 30 (Reuters) - U.S. 30-year and 15-year mortgage rates either tied or reached record lows in the latest week, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom ... (Source: Reuters 2010-09-30T14:58:54Z)

Sell-off, light volume, ahead of 7-year sale

NEW YORK (Reuters) - The prices of U.S. government debt slipped on Wednesday and volume in the market was light as traders prepared for a $29 billion sale of seven-year Treasury notes. The 1 p.m. auction (1700 GMT) will likely be carried out with seven ... (Source: Reuters 2010-09-29T12:58:23Z)

Dollar Thrifty shareholders reject Hertz deal

Dollar Thrifty Automotive Group Inc. shareholders rejected a buyout offer from Hertz on Thursday against the recommendation of the company's board. The rejection likely takes Hertz out of the bidding for the car-rental chain and offers an opening for rival ... (Source: AP - msnbc.com 2010-09-30T22:01:14Z)

Search warrants reveals new details about death of police chief's daughter

CHARLOTTE, NC (WBTV) - Search warrants reveal new details in the death of a woman whose body was found earlier this month in a mini storage facility. Valerie Hamilton, 23, was reported missing on Wednesday, September 15th. Police later said she went to a ... (Source: WBTV 2010-09-30T17:14:54Z)

Marchionne fends off alliance and sale chatter

Fiat CEO Sergio Marchionne fended off rampant chatter about possible industrial alliances and brand sales at the Paris Auto Show on Thursday. Fiat shareholders this month approved the spinoff of Fiat's industrial business from its automotive unit — a ... (Source: AP - msnbc.com 2010-09-30T14:37:25Z)

Orlando Magic and NBA News: Thursday, Sept. 30

When Stan Van Gundy visited Dwight Howard in Atlanta this summer, he flew up from Orlando then took the metro train to his lunch spot with Howard. How many other NBA coaches would ride the MARTA? "None," Howard said. That's the type of dedication Van ... (Source: ProBasketballNews.com 2010-09-30T14:30:16Z)

Tyco Electronics Earnings Conference Call (Q4 2010)

Tyco Electronics Ltd. provides engineered electronic components, network solutions, specialty products, and undersea telecommunication systems. Its Electronic Components segment supplies passive electronic components, which include connectors and ... (Source: YAHOO! 2010-09-30T11:52:47Z)

Marchionne fends off industrial alliance, Alfa Romeo sale chatter

Paris -- Fiat CEO Sergio Marchionne is fending off rampant chatter about industrial alliances and brand sales at the Paris Auto Show. He said today he has no interest in selling Fiat's Alfa Romeo brand -- despite interest expressed by VW chairman Ferdinand ... (Source: Detroit News 2010-09-30T16:17:38Z)

Police chief's daughter found dead in southeast Charlotte

CHARLOTTE, N.C.-- The search is on for the man police say killed twenty-three year old Valerie Hamilton. Hamilton's body was found inside a mini-storage unit off of Monroe Road early Sunday morning. Police have sworn out murder warrants against Michael ... (Source: msnbc.com 2010-09-20T11:43:10Z)

Magic to offer Dwight Howard extension

Howard has two seasons remaining (including 2010-11) before he can explore free agency. But the Magic don't want to wait that long, and Magic general manager Otis Smith said "of course" the team will offer Howard a new deal, according to the Sentinel. "We ... (Source: ESPN.com 2010-09-28T17:10:07Z)

DOJ charges 2 subsidiaries of Swiss company in deals with oil-for-food program, Mexico utility

WASHINGTON (AP) — The Justice Department has charged two subsidiaries of Swiss company ABB Ltd. with conspiracy to violate an anti-bribery law in deals with the Iraqi government under Saddam Hussein and with a state-owned utility in Mexico. ABB Ltd ... (Source: FOX6Now.com Milwaukee 2010-09-29T21:55:16Z)

30-year mortgage rates back at record low

(Reuters) - U.S. 30-year and 15-year mortgage rates tied or reached record lows in the latest week, according to a survey released Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom rates offer a glimmer of hope ... (Source: Chicago Tribune 2010-09-30T14:15:57Z)

Nintendo 3DS with 3D technology won't hit stores by Christmas

CHIBA, Japan — Nintendo slashed its earnings forecast by more than half today after announcing that its 3DS game machine, packed with glasses-free 3D technology, won't be ready to go on sale for Christmas. Nintendo now expects 90 billion yen ($1 ... (Source: Detroit Free Press 2010-09-29T15:07:14Z)

No Nintendo 3DS This Holiday Season

Nintendo will spend this Christmas spinning its wheels, for the most part. Some anticipated titles are due to launch this holiday season (such as Shaun White's snowboarding game and Babysitting Mama ) but wiithout the 3DS to strengthen sales, the company's ... (Source: Associated Content 2010-09-30T12:14:15Z)

Swiss company ABB's US unit charged with conspiracy to violate anti-bribery law in Mexico

WASHINGTON - The Justice Department has charged two subsidiaries of Swiss company ABB Ltd. with conspiracy to violate an anti-bribery law in deals with the Iraqi government under former dictator Saddam Hussein and with a state-owned utility in Mexico. ABB ... (Source: Macleans 2010-09-29T23:21:09Z)

Dollar Thrifty shareholders reject Hertz deal; Avis offer could still be in play

THE VOTE: Dollar Thrifty shareholders rejected a buyout offer from Hertz, with 11.8 million votes for the deal and 13.8 million against. THE OFFERS: Hertz was offering $43.60 in cash and 0.6366 shares of common stock of Hertz, for each share of Dollar ... (Source: Los Angeles Times 2010-09-30T20:42:29Z)

Marchionne: no plans to sell Alfa, Fiat Industrial open to alliances

PARIS - Fiat CEO Sergio Marchionne fended off rampant chatter about possible industrial alliances and brand sales at the Paris Auto Show on Thursday. Fiat shareholders this month approved the spinoff of Fiat's industrial business from its automotive unit ... (Source: St. John's Telegram 2010-09-30T18:33:38Z)

Magic to offer Dwight Howard extension next year

The Orlando Magic will offer center Dwight Howard a contract extension in the summer of 2011, well before Howard can become a free agent. Magic general manager Otis Smith told the Orlando Sentinel during Monday's team media day that he will approach Howard ... (Source: Sporting News 2010-09-27T23:45:00Z)

Treasury announces start of sales of $2.2 billion in trust preferred shares of Citigroup

WASHINGTON (AP) — The government says it is starting to sell off $2.2 billion in trust preferred shares it holds in Citigroup, another move to recoup the costs incurred in the $700 billion financial bailout. The Treasury Department says it will start the ... (Source: FOX6Now.com Milwaukee 2010-09-29T13:27:01Z)

Nintendo cuts profit, 3DS not ready for Christmas

Nintendo shares tumbled Thursday after the company said its 3DS game machine, packed with glasses-free 3-D technology, won't be ready to go on sale for Christmas, crushing its earnings forecast by more than half. Nintendo now expects 90 billion yen ($1 ... (Source: AP - msnbc.com 2010-09-30T03:17:23Z)

New Report: Medical Equipment Monthly Deals Analysis: M&A and Investments Trends ...

PRLog (Press Release) – Sep 30, 2010 – GlobalData's "Medical Equipment Monthly Deals Analysis: M&A and Investments Trends - September 2010" report is an essential source of data and trend analysis on the mergers and acquisitions (M&As) and financings ... (Source: PRLog (free press release) 2010-09-30T21:54:04Z)

Dollar Thrifty shareholders reject Hertz deal, means Avis offer still a possibility

CHICAGO (AP) — Dollar Thrifty Automotive Group shareholders have rejected a buyout offer from Hertz, giving an opening for rival bidder Avis Budget Group's offer for the car rental company. Hertz Global Holdings Inc. shares fell $1.12, or 9.7 percent, to ... (Source: Los Angeles Times 2010-09-30T19:38:04Z)

VeriFone Bids to Buyout Hypercom

Electronic payments processing company, VeriFone Systems, Inc. ( PAY - Analyst Report ) recently launched a bid to acquire all of the outstanding shares of rival Hypercom Corporation ( HYC - Snapshot Report ) for $5.25 per share in cash. Headquartered in ... (Source: Zacks.com 2010-09-30T21:46:55Z)

Treasury announces sales of Citigroup shares

The government says it is starting to sell off $2.2 billion in trust preferred shares it holds in Citigroup, another move to recoup the costs incurred in the $700 billion financial bailout. The Treasury Department says it will start the sales Wednesday ... (Source: AP - msnbc.com 2010-09-29T14:02:49Z)

Search warrants offer clues into police chief's daughter's death

CHARLOTTE -- Search warrants in the investigation into the death of Valerie Hamilton, the daughter of Concord Police Chief Merl Hamilton, show that police searched at least three places: Hamilton's Arboretum apartment; the home of Michael Harvey, who is ... (Source: Gaston Gazette 2010-09-30T20:49:39Z)

Treasury announces start of sales of $2.2B in preferred shares of Citigroup

WASHINGTON - The U.S. government says it is starting to sell off US$2.2 billion in trust preferred shares it holds in Citigroup, another move to recoup the costs incurred in the $700-billion financial bailout. The Treasury Department says it will start the ... (Source: Brandon Sun 2010-09-29T14:02:49Z)

off, light volume, ahead of 7-yr sale

NEW YORK, Sept 29 (Reuters) - The prices of U.S. government debt slipped on Wednesday and volume in the market was light as traders prepared for a $29 billion sale of seven-year Treasury notes. The 1 p.m. auction (1700 GMT) will likely be carried out with ... (Source: The Guardian 2010-09-29T12:58:23Z)

Deals of the Hour / September 30, 2010, 9:43 pm

Mexico federation rejects demands from players who threaten to boycott future matches

MEXICO CITY - A dispute between top players and the Mexico Football Federation has escalated, with the governing body saying it will not bow to demands by 13 players who are threatening to boycott upcoming games. Led by New York Red Bulls defender Rafael ... (Source: Minneapolis Star Tribune 2010-09-30T00:04:06Z)

Magic to offer Dwight Howard extension next year

The Orlando Magic will offer center Dwight Howard a contract extension in the summer of 2011, well before Howard can become a free agent. Magic general manager Otis Smith told the Orlando Sentinel during Monday's team media day that he will approach Howard ... (Source: Sporting News 2010-09-27T23:45:00Z)

Dollar Thrifty shareholders reject Hertz deal, means Avis offer still a possibility

CHICAGO (AP) — Dollar Thrifty Automotive Group shareholders have rejected a buyout offer from Hertz, giving an opening for rival bidder Avis Budget Group's offer for the car rental company. Hertz Global Holdings Inc. shares fell $1.12, or 9.7 percent, to ... (Source: Los Angeles Times 2010-09-30T19:38:04Z)

Dollar Thrifty shareholders reject Hertz deal; Avis offer could still be in play

THE VOTE: Dollar Thrifty shareholders rejected a buyout offer from Hertz, with 11.8 million votes for the deal and 13.8 million against. THE OFFERS: Hertz was offering $43.60 in cash and 0.6366 shares of common stock of Hertz, for each share of Dollar ... (Source: Los Angeles Times 2010-09-30T20:42:29Z)

Asian Shares Up; Bargain Hunting Aids Tokyo; China PMI Rises

SINGAPORE (Dow Jones)--Asian stock markets were up Friday, as beaten down stocks in Tokyo and Australia attracted buyers. Japan's Nikkei Stock Average was up 0.4%, Australia's S&P/ASX 200 was up 0.5%, South Korea's Kospi Composite was 0.2% higher and New ... (Source: Wall Street Journal 2010-10-01T01:14:30Z)

Magic to offer Dwight Howard extension

Howard has two seasons remaining (including 2010-11) before he can explore free agency. But the Magic don't want to wait that long, and Magic general manager Otis Smith said "of course" the team will offer Howard a new deal, according to the Sentinel. "We ... (Source: ESPN.com 2010-09-28T17:10:07Z)

Dollar Thrifty shareholders reject Hertz deal

Dollar Thrifty Automotive Group Inc. shareholders rejected a buyout offer from Hertz on Thursday against the recommendation of the company's board. The rejection likely takes Hertz out of the bidding for the car-rental chain and offers an opening for rival ... (Source: AP - msnbc.com 2010-09-30T22:01:14Z)

Furcal calls it ugly year'; Dodgers beat Rockies

DENVER -- The smile disappeared from the face of Rafael Furcal, who repeatedly shook his head when asked about his season. "Bad year," he said. "Ugly year." Even after the Dodgers beat the Colorado Rockies, 9-7, on Tuesday at Coors Field, they remained ... (Source: Sacramento Bee 2010-09-29T08:04:54Z)

VeriFone Bids to Buyout Hypercom

Electronic payments processing company, VeriFone Systems, Inc. ( PAY - Analyst Report ) recently launched a bid to acquire all of the outstanding shares of rival Hypercom Corporation ( HYC - Snapshot Report ) for $5.25 per share in cash. Headquartered in ... (Source: Zacks.com 2010-09-30T21:46:55Z)

RPT-UPDATE 1-US mortgage rates at record lows-Freddie Mac

NEW YORK, Sept 30 (Reuters) - U.S. 30-year and 15-year mortgage rates either tied or reached record lows in the latest week, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom ... (Source: Reuters 2010-09-30T14:58:54Z)

York Water Co. reaches settlement on rates

Pending a judge's approval, York water rates will only slightly increase. York Water Co.'s president and CEO Jeffrey Hines announced Wednesday that he has filed a settlement of its pending rate case with the Pennsylvania Public Utility Commission. For the ... (Source: York Dispatch Online 2010-09-30T02:20:07Z)

30-year mortgage rates back at record low

(Reuters) - U.S. 30-year and 15-year mortgage rates tied or reached record lows in the latest week, according to a survey released Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom rates offer a glimmer of hope ... (Source: Chicago Tribune 2010-09-30T14:15:57Z)

Mortgage rates at record lows: Freddie Mac

NEW YORK (Reuters) - U.S. 30-year and 15-year mortgage rates either tied or reached record lows in the latest week, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. While rock-bottom rates offer a ... (Source: Reuters 2010-09-30T14:51:44Z)

UPDATE: Asian Shares Mostly Up; Bargain Hunting Aids Tokyo

SINGAPORE (Dow Jones)--Asian stock markets were mostly higher Friday, with some beaten down stocks in Tokyo attracting buyers amid hopes the Bank of Japan will announce additional monetary easing measures to support the economy at its policy meet next week ... (Source: Wall Street Journal 2010-10-01T04:06:18Z)

UPDATE 3-ABB units plead guilty over bribes to win deals

WASHINGTON, Sept 29 (Reuters) - Two units of Swiss engineering company ABB Ltd ( ABBN.VX ) pleaded guilty to paying bribes to win multimillion dollar contracts in Iraq and Mexico and agreed to pay more than $58 million in fines, the U.S. Justice Department ... (Source: Reuters 2010-09-29T23:56:57Z)

York Water to offer $15M in bonds to pay short-term debt

The York Water Co. plans to offer about $15 million in bonds in the coming days to help pay off short-term debt, said President and CEO Jeffrey R. Hines. Proceeds from selling the bonds will go toward paying off lines of credit the York-based water utility ... (Source: Central Penn Business Journal 2010-09-30T13:54:28Z)

Swiss company ABB's US unit charged with conspiracy to violate anti-bribery law in Mexico

WASHINGTON - The Justice Department has charged two subsidiaries of Swiss company ABB Ltd. with conspiracy to violate an anti-bribery law in deals with the Iraqi government under former dictator Saddam Hussein and with a state-owned utility in Mexico. ABB ... (Source: Macleans 2010-09-29T23:21:09Z)

Tyco Electronics Earnings Conference Call (Q4 2010)

Tyco Electronics Ltd. provides engineered electronic components, network solutions, specialty products, and undersea telecommunication systems. Its Electronic Components segment supplies passive electronic components, which include connectors and ... (Source: YAHOO! 2010-09-30T11:52:47Z)

Dodgers eliminate Rockies from playoff race

DENVER - Troy Tulowitzki slammed his helmet in disgust and impaled the handle of his broken bat into the ground behind home plate. The bat stayed in the ground as he walked off the field after striking out to end the game, knowing his Colorado Rockies are ... (Source: Long Beach Press-Telegram 2010-09-29T05:56:03Z)

DOJ charges 2 subsidiaries of Swiss company in deals with oil-for-food program, Mexico utility

WASHINGTON (AP) — The Justice Department has charged two subsidiaries of Swiss company ABB Ltd. with conspiracy to violate an anti-bribery law in deals with the Iraqi government under Saddam Hussein and with a state-owned utility in Mexico. ABB Ltd ... (Source: FOX6Now.com Milwaukee 2010-09-29T21:55:16Z)

Asian stocks rise as China manufacturing jumps

Asian stock markets rose Friday as stronger growth in China's manufacturing suggested the world's No. 2 economy isn't slowing as sharply as feared. Wall Street, meanwhile, chalked up its best September in 71 years even after key indexes ended the month on ... (Source: AP - msnbc.com 2010-10-01T03:30:31Z)

Orlando Magic and NBA News: Thursday, Sept. 30

When Stan Van Gundy visited Dwight Howard in Atlanta this summer, he flew up from Orlando then took the metro train to his lunch spot with Howard. How many other NBA coaches would ride the MARTA? "None," Howard said. That's the type of dedication Van ... (Source: ProBasketballNews.com 2010-09-30T14:30:16Z)

UPDATE 9-Ecuador's Correa attacked, says opponents plot coup

QUITO, Sept 30 (Reuters) - Renegade police attacked Ecuadorean President Rafael Correa in anti-austerity protests on Thursday and surrounded the hospital where he was treated as he accused his opponents of trying to topple him in a coup. "I'll leave here ... (Source: Reuters 2010-10-01T00:02:55Z)

Dodgers Eliminate Rockies From Playoffs

DENVER (AP) - Casey Blake homered twice, Rafael Furcal had two triples and the Los Angeles Dodgers put the Colorado Rockies on the brink of playoff elimination with a 9-7 win Tuesday night. DENVER (AP) - Casey Blake homered twice, Rafael Furcal had two ... (Source: KOLO TV Reno 2010-09-29T05:41:44Z)

Factbox: Ecuador and its President Rafael Correa

QUITO (Reuters) - Unrest erupted in Ecuador on Thursday with soldiers taking the main airport and police protesting in the streets while President Rafael Correa considered whether to dissolve a deadlocked Congress. Here are some facts about Correa and ... (Source: Reuters 2010-10-01T01:57:27Z)

Correa Freed by Troops in Battle With Protesting Ecuador Police

Sept. 30 (Bloomberg) -- Ecuadorean President Rafael Correa was freed by security forces amid gunfire after protesters and police massed around a hospital building in a bid to keep him inside, state television reported. At least one person died in clashes ... (Source: BusinessWeek 2010-10-01T03:37:40Z)

Marquez allegedly leading Mexico player rebellion

MEXICO CITY (AP) -- Mexico World Cup captain Rafael Marquez has been named as the leader of 13 players who have reportedly asked not to be selected for the national side until there is a change in attitude at the Mexican Football Federation. Mexican ... (Source: CNN Sports Illustrated 2010-09-28T20:44:52Z)

New Report: Medical Equipment Monthly Deals Analysis: M&A and Investments Trends ...

PRLog (Press Release) – Sep 30, 2010 – GlobalData's "Medical Equipment Monthly Deals Analysis: M&A and Investments Trends - September 2010" report is an essential source of data and trend analysis on the mergers and acquisitions (M&As) and financings ... (Source: PRLog (free press release) 2010-09-30T21:54:04Z)

York Water Co. rate increase cut in half by settlement

Pending a judge's approval, York water rates will only slightly increase. York Water Co. president and CEO Jeffrey Hines announced Wednesday that he has filed a settlement of the company's pending rate case with the Pennsylvania Public Utility Commission ... (Source: York Dispatch Online 2010-09-30T10:48:21Z)

Soccer-Mexico players threaten boycott after party punishments

Mexico players led by World Cup captain Rafael Marquez have threatened to boycott the national team after being punished for holding an unauthorised party. In a letter to Mexican Football Federation (FMF) senior officials, the players said they objected to ... (Source: Yahoo! Eurosport 2010-09-28T20:30:33Z)

Deals of the Hour / September 30, 2010, 8:42 pm

UPDATE 3-TPG talks to invest in VTB Kremlin backed - source

PARIS/MOSCOW, Sept 21 (Reuters) - TPG Capital [TPG.UL] is considering buying 10 percent of VTB ( VTBR.MM ), Russia's second-largest bank, in a deal which would have the Kremlin's blessing, a source close to the matter said. "It is still early days... but ... (Source: Reuters 2010-09-21T15:59:40Z)

Thor Industries shares advance after fiscal 4th-quarter profit tops estimates

NEW YORK — Shares of Thor Industries Inc. jumped on Wednesday after the recreation vehicle maker reported better-than-expected earnings on sharply higher revenue for the fiscal fourth quarter. Thor said it had better margins due to cost-cutting measures ... (Source: Washington Examiner 2010-09-29T19:32:06Z)

Dollar Thrifty shareholders reject Hertz deal; Avis offer could still be in play

THE VOTE: Dollar Thrifty shareholders rejected a buyout offer from Hertz, with 11.8 million votes for the deal and 13.8 million against. THE OFFERS: Hertz was offering $43.60 in cash and 0.6366 shares of common stock of Hertz, for each share of Dollar ... (Source: Los Angeles Times 2010-09-30T20:42:29Z)

Postnup, Dodgers at center of case

The couple who tried to restore the Los Angeles Dodgers as a family franchise walked out of a divorce court Wednesday, placing the team's future in the hands of a judge. Superior Court Judge Scott Gordon must decide whether a postnuptial marital agreement ... (Source: FOXSports.com 2010-09-30T05:33:23Z)

Dollar Thrifty shareholders reject Hertz deal

Dollar Thrifty Automotive Group Inc. shareholders rejected a buyout offer from Hertz on Thursday against the recommendation of the company's board. The rejection likely takes Hertz out of the bidding for the car-rental chain and offers an opening for rival ... (Source: AP - msnbc.com 2010-09-30T22:01:14Z)

AIG reaches deal to repay America

NEW YORK --- American International Group Inc., which became a lightning rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a profit ... (Source: Augusta Chronicle 2010-10-01T03:09:02Z)

AIG reaches deal to repay government bailout funds

NEW YORK — AIG, which became a lightning rod for criticism over government bailouts, says it has reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a profit to taxpayers who footed ... (Source: Deseret News 2010-10-01T02:54:43Z)

Dollar Thrifty shareholders reject Hertz deal, means Avis offer still a possibility

CHICAGO (AP) — Dollar Thrifty Automotive Group shareholders have rejected a buyout offer from Hertz, giving an opening for rival bidder Avis Budget Group's offer for the car rental company. Hertz Global Holdings Inc. shares fell $1.12, or 9.7 percent, to ... (Source: Los Angeles Times 2010-09-30T19:38:04Z)

TPG talks to buy 10 pct of VTB backed by Kremlin-source

PARIS/MOSCOW, Sept 21 (Reuters) - Texas Pacific Group is considering buying 10 percent of VTB ( VTBR.MM ), Russia's second-largest bank, in a deal which would have the Kremlin's blessing, a source close to the matter said. "It is still early days... but ... (Source: Reuters UK 2010-09-21T04:25:19Z)

Wal-Mart buys African retailer for $4.25 billion

NEW YORK -- Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a surprise move. A deal would give the world's largest retailer an opening to expand in Africa, a fast-growing region. Wal-Mart ... (Source: San Jose Mercury News 2010-09-27T22:33:25Z)

Queen Latifah Invests In New York Spring Water Co.

(AllHipHop News) Superstar rapper/actress Queen Latifah is expanding her business portfolio with a new investment in New York Spring Water Inc. Queen Latifah's Flavor Unit Entertainment recently became part owners in New York Spring Water, which markets ... (Source: allhiphop.com 2010-09-30T09:43:56Z)

Veterans brace for emotional arrival of Wall

NORTH PLATTE - For most Americans, the Vietnam Memorial Wall is a visualization of what 58,000 imprints of sacrifice looks like, with the understanding that each name represents a fallen American warrior. For those who were in the jungles of Vietnam, the ... (Source: Lexington Clipper-Herald 2010-09-30T13:54:28Z)

Vietnam Memorial Wall Comes To Blue Springs

KMBC.com Emotions hovered just below the surface Thursday as Vietnam War veterans placed a hand on the name of a fallen comrade. Family members and friends also came to Blue Springs to honor the service of those killed or missing in action during the war ... (Source: msnbc.com 2010-09-30T22:44:11Z)

LATIFAH DIVES INTO NEW SPRING WATER INVESTMENT

Rapper/actress QUEEN LATIFAH is expanding her business empire by splashing out on a spring water company. The star's Flavor Unit Entertainment company has become part owners of New York Spring Water Inc., which markets VBlast vitamin drinks. The investment ... (Source: PR Inside 2010-09-30T14:37:25Z)

Thor acquires Heartland in $209M deal

Thor Industries Inc. has rolled another RV maker into its portfolio of companies. Jackson Center-based Thor (NYSE: THO) announced Friday it acquired Elkhart, Ind.-based Heartland Recreational Vehicles LLC, which manufactures towable recreational vehicles ... (Source: Dayton Business Journal 2010-09-17T13:48:25Z)

Reds report: Inside pitch

The Reds and manager Dusty Baker are nearing an agreement on a two-year contract extension. "We're close, very close," Baker said. "We've been close for a while." Baker, in the final year of his three-year contract, has led the Reds to their first playoff ... (Source: CBS Sports 2010-10-01T02:33:15Z)

Queen Latifah Follows 50 Cent with New Water Deal

Queen Latifah's Flavor Unit Entertainment has bought into New York based beverage company New York Spring Water Inc, in an effort to expand the company internationally. The Grammy Award winning artist and Oscar nominated actress and her business partner ... (Source: Singersroom 2010-09-29T19:53:34Z)

AIG, government reach deal

NEW YORK (AP) — AIG, which became a lightning rod for criticism over government bailouts, says it has reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a profit to taxpayers who ... (Source: Omaha World-Herald 2010-10-01T03:23:21Z)

Lady Gaga signs deal with Giorgio Armani

London, Sep 30 (IANS) Pop singer Lady Gaga has inked a deal with Italian fashion house Giorgio Armani to create her costumes for her Monster Ball tour. 'A huge company like Giorgio Armani has the duty to always be alert to trends and what appeals to young ... (Source: MSN India 2010-09-30T07:06:27Z)

McCourts still battling over control of Dodgers

LOS ANGELES -- The divorce trial of Frank McCourt and Jamie McCourt concluded on Wednesday, as attorneys from both sides made closing arguments in front of Superior Court Judge Scott Gordon at the Stanley Mosk Courthouse in downtown Los Angeles. Gordon now ... (Source: Major League Baseball 2010-09-30T05:11:55Z)

Thor Industries Purchases Heartland RV

Thor Industries Inc. (NYSE: THO) of Ohio says it has acquired Elkhart-based Heartland Recreational Vehicles LLC for more than $200 million in cash and stock. Under terms of the deal, Heartland will remain an independent operation in northern Indiana with ... (Source: Inside Indiana Business 2010-09-17T14:31:22Z)

Lady Gaga 'signs Armani deal'

The 24-year-old Poker Face singer will take her 'Monster Ball' tour to Italy in December and the designer label is planning to create her costumes. Roberta Armani, head of VIP relations at the label, told the Wall Street Journal, "A huge company like ... (Source: Zimbio 2010-09-30T18:47:57Z)

Wal-Mart eyes South Africa

N EW YORK - Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a bid to jump-start growth beyond its sluggish U.S. business. A deal would give the world's largest retailer an opening to expand ... (Source: Boston Herald 2010-09-28T08:56:12Z)

Wal-Mart offers to buy South African-based Massmart for $4.25 billion

Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for about $4.25 billion in a bid to jump-start growth beyond its sluggish U.S. business. A deal would give the world's largest retailer an opening to expand in South ... (Source: Kansas City Star 2010-09-28T07:23:08Z)

Russia's IIB, VTB to reach credit deal this wk-FinMin

* Bank owes 32 bln roubles to central bank MOSCOW, Sept 29 (Reuters) - Russia's state-controlled heavyweight VTB ( VTBR.MM ) may sign an agreement this week to issue a credit line to the troubled International Industrial Bank (IIB), Finance Minister Alexei ... (Source: Reuters 2010-09-29T10:56:42Z)

Jamie McCourt Thought Dodgers Deal Was Risky, Finance Chief Says

Sept. 28 (Bloomberg) -- Jamie McCourt, who is fighting her estranged husband over ownership of the Los Angeles Dodgers, thought the acquisition of the Major League Baseball team was "risky," its chief financial officer testified at the couple's ... (Source: BusinessWeek 2010-09-28T04:02:42Z)

Traveling Vietnam memorial wall at CSU-Pueblo

A traveling replica of the Vietnam Veterans Memorial Wall and other veterans tributes are on display at Colorado State University Pueblo through Sunday. The American Veterans Traveling Tribute was escorted onto the campus Wednesday and set up on the grass ... (Source: Colorado Springs Gazette 2010-09-30T04:57:36Z)

Lady Gaga Inks a Deal With Armani: Pop Star's Crazy Costumes Will Be Couture!

The lobster hat, the meat dress, the outfit made from Muppets—Lady Gaga's costumes are already legendary. Now, thanks to a multimillion dollar deal the songstress has signed with Italian designer Giorgio Armani, even Lady Gaga's craziest get-ups will ... (Source: Gather.com 2010-09-29T20:22:12Z)

Reds, Baker have a deal

Reds manager Dusty Baker has often said he didn't come here to leave. "I want to see this thing through," Baker said. He'll get a chance. The Reds and Baker have agreed in principle to a two-year contract extension. "We're close, very close," Baker said ... (Source: Cincinnati.com 2010-10-01T01:14:30Z)

Reds' Baker says status quo on new deal

CINCINNATI — Reds manager Dusty Baker is staying quiet about his contract situation. Baker, in the last year of a three-year deal, led the Reds to the NL Central title this season for their first playoff appearance in 15 years. There are multiple reports ... (Source: Dayton Daily News 2010-09-30T22:29:52Z)

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