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 / November 8, 2010, 11:40 pm

Amazon buys Diapers.com in $545 mln deal

SAN FRANCISCO (MarketWatch) — Amazon.com Inc. said Monday that it will buy Quidsi Inc. — the parent company of Diapers.com and Soap.com — in its second largest acquisition since last year's purchase of Zappos.com. Amazon (NASDAQ:AMZN)  will pay $ ... (Source: Marketwatch 2010-11-08T16:57:17Z)

Google Exec Commits To More Huge Acquisitions

Google's legendary war chest may finally be put to use. Although there's almost no way the company will spend all its cash, a vice president of corporate development did indicate in a recent interview that it's looking to make one or more gigantic ... (Source: WebProNews 2010-11-09T04:24:29Z)

Summary Box: Eli Lilly to buy Avid

THE DEAL: Drugmaker Eli Lilly and Co. will spend up to $800 million to buy Avid Radiopharmaceuticals, a privately held company that is developing an agent that may help diagnose Alzheimer's disease. ALZHEIMER'S PREDICTOR: Avid is seeking Food and Drug ... (Source: AP - msnbc.com 2010-11-08T20:53:30Z)

Bears on Chinese equities in a retreat

Bears on Chinese equities are in retreat even as bets against the country's companies exceed those of any of the world's biggest markets, a buy signal for some of the nation's most accurate stock forecasters. Short sales of Hang Seng China Enterprises ... (Source: Economic Times 2010-11-04T19:10:52Z)

Morgan Stanley-CICC sale seen approved by Feb '11: report

SHANGHAI (Reuters) - Morgan Stanley's ( MS.N ) application to sell its roughly $1 billion stake in Chinese investment bank China International Capital Corp (CICC) will be approved by China's securities regulator by February 2011, the official Shanghai ... (Source: Reuters 2010-11-09T00:56:53Z)

Robbers steal new 'Call of Duty' video game in Maryland

BEL AIR, Md. (AP) — Authorities in northeast Maryland say robbers have stolen more than 100 copies of the highly anticipated "Call of Duty: Black Ops" video game, which doesn't go on sale until Tuesday. The Harford County Sheriff's Office says at ... (Source: Jefferson City News Tribune Online 2010-11-08T16:50:07Z)

More than 100 copies of Call of Duty: Black Ops stolen in Maryland

Patience is a virtue that some video game fanatics apparently don't have. With the hugely anticipated Call of Duty: Black Ops going on sale at midnight, two men jumped the gun when they stole more than 100 copies of the game from a retailer Saturday ... (Source: Los Angeles Times 2010-11-08T19:34:46Z)

Amazon Absorbs Diaper Competitor Quidsi

Online retail giant will pay $500 million in cash in a deal that echoes last year's Zappos acquisition. Amazon.com announced Monday it will acquire Quidsi, the owner of retail sites Diapers.com and Soap.com, which sell baby products and household ... (Source: Forbes 2010-11-08T17:54:33Z)

HTC HD7 Windows Phone 7 is on Sale for $149.99

You can pre-order the new HTC HD7 now on Wirefly at this sales price. The activation of a T-Mobile account is $35 with this deal. The slick HTC HD7 Windows Phone 7 has a big 4.3-inch screen with a resolution of 480 x 800. That screen is touch sensitive and ... (Source: I4U 2010-11-08T06:20:12Z)

Amazon to buy Diapers.com owner Quidsi for $500 million

Amazon plans assume about $45 million in debt and other obligations as part of the deal, which has been approved by Quidsi's shareholders. Soap.com sells health, beauty and cleaning products online, while Diapers.com sells baby-care items, including food ... (Source: Cleveland Plain Dealer 2010-11-08T19:20:27Z)

Deal Struck: Food Network, HGTV Back on AT&T Air

The latest cable dispute has another happy ending. Scripps Networks and AT&T agreed to a deal late Sunday, ending a blackout that left AT&T's 2.7 million U-verse customers without access to the Food Network, HGTV and other Scripps programming over the ... (Source: TheWrap 2010-11-08T15:02:45Z)

Tech blog: AT&T and Scripps reach deal to keep HGTV, Food Network other Scripps networks ...

Editor's note: This item originally appeared on dallasnews.com's Technology blog . Friday, AT&T and Scripps Networks jabbed and poked at each other in dueling news releases , each company blaming the other for the breakdown in negotiations that led to ... (Source: Dallas Morning News 2010-11-08T15:38:32Z)

Amazon Adds Diapers.com In $500M Deal

Law360, New York (November 08, 2010) -- Internet retail giant Amazon.com Inc. announced Monday that it had reached an agreement to purchase Quidsi Inc., the parent company for Diapers.com and Soap.com, for $500 million in a bid to increase its presence in ... (Source: site.law360.com 2010-11-08T20:10:33Z)

Google eyes other YouTube-sized deals

Google Inc. is ready to do more deals the size of YouTube and DoubleClick, according to its chief dealmaker. "The world changes really quickly, and companies that were small two years ago are huge today," corporate development vice president David Lawee ... (Source: Birmingham Business Journal 2010-11-08T15:45:42Z)

Samsung hits 3 million Galaxy S U.S. shipments

Samsung Electronics said on Monday that three million out of its seven million global Galaxy S smartphones shipments were made to the United States since it launched the phone here in July. Sales were brisk at all four of the top U.S. operators who sell ... (Source: msnbc.com 2010-11-09T03:12:54Z)

Lilly deal boosts Alzheimer's focus

The drugmaker will spend up to $800 mil to buy Avid Radiopharmaceuticals, a development-stage company that created an agent that may help diagnose Alzheimer's disease. Eli Lilly (NYSE: LLY - News ) said the privately held Pa.-based company has no products ... (Source: Yahoo Finance 2010-11-08T23:45:18Z)

Robbers steal new 'Call of Duty' video game in Md.

Authorities in northeast Maryland say robbers have stolen more than 100 copies of the highly anticipated "Call of Duty: Black Ops" video game, which doesn't go on sale until Tuesday. The Harford County Sheriff's Office says at least two men were involved ... (Source: AP - msnbc.com 2010-11-08T15:09:54Z)

My First Impressions Of Windows Phone 7 And The HTC HD7

Today is big day for Microsoft as Windows Phone 7 is now available for purchase in the United States. Unlike Todd , I had to wait until today to be able to get my hands on a device to use Windows Phone 7. It is far too early to reach any conclusions as I ... (Source: Mediabistro.com 2010-11-09T02:58:35Z)

AT&T, Scripps Networks reach deal to return HGTV, other channels to U-verse

After a brief outage over the weekend, Scripps Networks channels are back on the air with AT&T Inc.'s U-verse video service. Negotiations on a new agreement broke down Friday after the two sides couldn't agree on how AT&T would be allowed to distribute ... (Source: Dallas Morning News 2010-11-09T05:14:35Z)

Amazon aims to woo women with Quidsi acquisition

Jeff Bezos, founder and chief executive of Amazon, on Monday confirmed his company's $545m deal to acquire Quidsi, the largest US online retailer of diapers, or nappies, and other baby products. While praising the speed and low costs of Quidsi's ... (Source: Financial Times 2010-11-09T00:28:15Z)

Morgan Stanley-CICC sale seen approved by Feb '11-paper

SHANGHAI Nov 9 (Reuters) - Morgan Stanley's ( MS.N ) application to sell its roughly $1 billion stake in Chinese investment bank China International Capital Corp (CICC) will be approved by China's securities regulator by February 2011, the official ... (Source: Reuters 2010-11-09T00:56:53Z)

Google to Make More Deals Like YouTube, DoubleClick

Nov. 5 (Bloomberg) -- Google Inc. is likely to buy more companies about the size of YouTube and DoubleClick, its two largest acquisitions, to help offer more online services, said the company's head of mergers and acquisitions. "The world changes ... (Source: BusinessWeek 2010-11-05T21:47:10Z)

AIG sale of 2 units nets $37B to pay down bailout

NEW YORK — AIG said Monday it raised nearly $37 billion from the sale of two foreign insurance units and will use that money to repay a government bailout. The insurance giant closed its previously announced sale of American Life Insurance Co. on Monday ... (Source: New Haven Register 2010-11-09T06:33:19Z)

Lilly snags Avid Radiopharmaceuticals

NEW YORK — Eli Lilly & Co., facing generic competition to its top-selling medicine next year, agreed to buy Avid Radiopharmaceuticals Inc. of Philadelphia for $300 million, gaining compounds to detect and monitor chronic diseases such as Alzheimer's ... (Source: Boston Globe 2010-11-09T06:40:29Z)

UPDATE: AIG Closes Alico Sale; Treasury Seen Making Profit

American International Group Inc. ( AIG ) said Monday it has completed the $16.2 billion sale of its second-largest foreign life-insurance business ALICO, which when combined with last week's initial public offering of a stake in AIA Group Ltd. (1299.HK ... (Source: NASDAQ 2010-11-01T16:58:25Z)

Amazon reportedly near deal to buy Quidsi

SAN FRANCISCO — Amazon.com Inc. is closing in on an agreement to buy Quidsi Inc., the owner of Diapers.com and Soap.com , for $540 million, two people with knowledge of the matter said. An announcement may be made as soon as today, said one of the people ... (Source: Boston Globe 2010-11-08T05:08:37Z)

Microsoft Windows Phone 7 devices go on sale

Smart phones running Microsoft's new software are now available for AT&T Inc. and T-Mobile USA customers. They phones will compete with Apple Inc.'s iPhone and an expanding number of phones with Google Inc.'s Android system. The first batch of handsets are ... (Source: AP - msnbc.com 2010-11-08T23:38:09Z)

UPDATE 1-Samsung hits 3 mln Galaxy S U.S. shipments

NEW YORK Nov 8 (Reuters) - Samsung Electronics ( 005930.KS ) said on Monday that three million out of its seven million global Galaxy S smartphones shipments were made to the United States since it launched the phone here in July. Sales were brisk at all ... (Source: Reuters 2010-11-09T02:58:35Z)

CORRECT: 2nd UPDATE: AIG Closes Alico Sale; Treasury Seen Making Profit

(The update and 2nd update to "AIG's Sale Of Alico To MetLife Complete; Price Tag $16.2B," published at 12:37 p.m. and 3:10 p.m. EDT, incorrectly referred to MetLife getting securities. A corrected version of the second update follows.) (Adds Treasury ... (Source: Wall Street Journal 2010-11-01T20:04:32Z)

HTC HD7 Windows Phone 7 creeps into Top 10 on Amazon Wireless and is no on Back Order

There is tremendous interest in Windows Phone 7 and I expect to see long lines in front of AT&T and T-Mobile stores on Monday. According to Phone Scoop AT&T will not offer pre-orders on WP7 phones. They go on sale in stores and online on Monday. About the ... (Source: I4U 2010-11-06T11:59:00Z)

Deals of the Hour / November 8, 2010, 10:40 pm

The Queen of Bingo Awards One Lucky Player a Caribbean Cruise!

LONDON, UNITED KINGDOM--(Marketwire - Nov. 5, 2010) - The Queen of Bingo is rapidly becoming one of the nation's favourite brand characters. Glamorous, regal and wonderfully wicked, the new face of Jackpotjoy can do no wrong at the moment. But this week ... (Source: Market Wire 2010-11-05T18:12:25Z)

No word yet on Aquino-Obama meet at APEC summit

MANILA, Philippines - There is no confirmation yet if President Benigno Aquino III will meet with US President Barack Obama at the sidelines of the Asia Pacific Economic Cooperation (APEC) summit in Yokohama, Japan. The President earlier said the ... (Source: ABS-CBN 2010-11-09T05:43:13Z)

Armed Robbers Steal 100 Call of Duty: Black Ops Copies from GameStop

It seems that Call of Duty: Black Ops is enough of a reason to commit armed robbery, as two thieves with semiautomatic weapons held up a local GameStop store and stole 100 copies of Call of Duty: Black Ops. Activision's upcoming shooter, Call of Duty ... (Source: Softpedia 2010-11-08T22:12:15Z)

'Small Business Saturday' is latest holiday season lingo

NEW YORK — Hoping to drum up support for independent merchants, American Express ' CEO said Monday that his company will promote "Small Business Saturday" on the weekend after Thanksgiving. Chenault said that large retailers have Black Friday and online ... (Source: Daily Oklahoman 2010-11-09T05:50:23Z)

Google Exec Commits To More Huge Acquisitions

Google's legendary war chest may finally be put to use. Although there's almost no way the company will spend all its cash, a vice president of corporate development did indicate in a recent interview that it's looking to make one or more gigantic ... (Source: WebProNews 2010-11-09T04:24:29Z)

Interview: Asia-Pacific to play greater role in leading the world: PECC chief

YOKOHAMA, Japan, Nov 09, 2010 (Xinhua via COMTEX) -- The Asia-Pacific region will play a greater role in leading the world, said Charles Morrison, co-chair of Pacific Economic Cooperation Council (PECC) in an exclusive interview with Xinhua during the APEC ... (Source: Investors Business Daily 2010-11-09T06:26:10Z)

White House to Yemen: Share more now

WASHINGTON -- The White House is seeking greater and swifter cooperation on intelligence sharing with the Yemeni government and more opportunities to train Yemeni counterterrorism teams in the aftermath of the airline package bombs, a senior administration ... (Source: Forbes 2010-11-08T09:04:50Z)

What's between Black Friday and Cyber Monday? AmEx promotes 'Small Business Saturday'

NEW YORK (AP) — Hoping to drum up support for independent merchants, American Express ' CEO said Monday that his company will promote "Small Business Saturday" on the weekend after Thanksgiving. "This is the start of a movement," said Kenneth Chenault ... (Source: Chicago Tribune 2010-11-08T20:17:43Z)

White House to Yemen: Share more intel now

The Obama administration wants quicker and fuller access to intelligence gleaned by Yemeni counterterrorist forces and greater ability to question captured terrorists there, according to a senior administration official. The White House push comes in the ... (Source: Seattle Times 2010-11-08T22:40:53Z)

Jonathan Duhamel, 23, wins $8.94M in World Series of Poker

LAS VEGAS (AP) -- Canadian poker professional Jonathan Duhamel has won the World Series of Poker main event title in Las Vegas and $8.94 million. Duhamel took the last of Florida pro John Racener's chips Monday night with an ace high. Duhamel pushed ... (Source: KXTV News10Net 2010-11-09T05:57:32Z)

23-year-old Canadian Jonathan Duhamel wins World Series of Poker title, $8.94 million in Vegas

LAS VEGAS - Canadian poker professional Jonathan Duhamel (DOO'-ahh-mel) has won the World Series of Poker main event title in Las Vegas and $8.94 million. Duhamel took the last of Florida pro John Racener's (RACE'-ner) chips Monday night with an ace high ... (Source: Minneapolis Star Tribune 2010-11-09T06:11:51Z)

Tax Cut Timing Is Proving Problematic for Democrats

WASHINGTON — When one party controls the White House and Congress, it controls the calendar for what gets done and when. So how is it that Democrats ended up in such a fix over what to do about the expiring Bush-era tax cuts ? That is what many Democrats ... (Source: New York Times 2010-11-09T01:39:50Z)

Hoyer officially runs for whip against Clyburn, sets up showdown nobody wants

WASHINGTON - Maryland congressman Steny Hoyer has made it official: He's running to keep his position as the Democrats' second-in-command next year. The announcement Monday sets up a showdown with Rep. James Clyburn of South Carolina, the most senior black ... (Source: Minneapolis Star Tribune 2010-11-08T22:48:02Z)

Congressional Black Caucus James Clyburn Democratic leadership

The chairwoman of the Congressional Black Caucus says the Democratic leadership race between Reps. Steny Hoyer and James Clyburn is not a choice about one lawmaker versus the other. But Rep. Barbara Lee, D-Calif., wants this to be clear: An African ... (Source: USA Today 2010-11-08T21:07:49Z)

Google eyes other YouTube-sized deals

Google Inc. is ready to do more deals the size of YouTube and DoubleClick, according to its chief dealmaker. "The world changes really quickly, and companies that were small two years ago are huge today," corporate development vice president David Lawee ... (Source: Birmingham Business Journal 2010-11-08T15:45:42Z)

Royal Caribbean International Flight Giveaway on Fly/Cruise Deals Selling Out Fast

LONDON, UNITED KINGDOM -- 11/03/10 -- Royal Caribbean International (www.royalcaribbean.co.uk or 0844 493 2061) is having a flight give-away on a number of Mediterranean cruises in 2011, but be quick to take advantage of this phenomenal offer as they are ... (Source: Earthtimes 2010-11-03T17:24:41Z)

World Series of Poker Live Blog: Duhamel takes world championship bracelet

Jonathan Duhamel became the first Canadian and the first French-speaking champion in the history of the World Series of Poker Monday night at the Penn & Teller Theater in the Rio. Down to 15 million chips, runner-up John Racener looked down at King of ... (Source: Las Vegas Sun 2010-11-09T05:57:32Z)

Google to Make More Deals Like YouTube, DoubleClick

Nov. 5 (Bloomberg) -- Google Inc. is likely to buy more companies about the size of YouTube and DoubleClick, its two largest acquisitions, to help offer more online services, said the company's head of mergers and acquisitions. "The world changes ... (Source: BusinessWeek 2010-11-05T21:47:10Z)

Cheap Holidays Operator Features New Tunisia Airport For 2011

LONDON, UNITED KINGDOM--(Marketwire - 11/08/10) - Cheap holidays tour operator Packyourbags adds Enfidha Airport as a good option for those wishing to travel to the year-round sunshine destination of Tunisia. Whilst Tunisia already has several ... (Source: Yahoo Finance 2010-11-08T12:10:57Z)

White's season-ending injury leaves Tar Heels in search of healthy runners for final 3 games

CHAPEL HILL, N.C. — North Carolina needs some healthy running backs — enough so that one player might burn his final year of eligibility to play in only a handful of games. The Tar Heels (6-3, 3-2 Atlantic Coast Conference) lost leading rusher Johnny ... (Source: Republic 2010-11-08T21:57:56Z)

More than 100 copies of Call of Duty: Black Ops stolen in Maryland

Patience is a virtue that some video game fanatics apparently don't have. With the hugely anticipated Call of Duty: Black Ops going on sale at midnight, two men jumped the gun when they stole more than 100 copies of the game from a retailer Saturday ... (Source: Los Angeles Times 2010-11-08T19:34:46Z)

Black caucus gives Clyburn nod in Dem race

The chairwoman of the Congressional Black Caucus says Rep. James Clyburn, the highest ranking African-American in the House Democratic leadership, should be the vanquished party's second in command. Rep. Barbara Lee, a California Democrat, said Monday that ... (Source: AP - msnbc.com 2010-11-08T23:52:28Z)

Stung on election day, Democrats look for new leadership

In Washington and in Harrisburg yesterday, Democrats reeling from the party's losses in the election lashed out at their leaders and suggested changes at the top of their power structures. At the state Capitol, about 30 Democratic House members -- a third ... (Source: Pittsburgh Tribune-Review 2010-11-09T04:53:07Z)

APEC debates having power to forge trade deals

Pacific Rim economies are debating whether to give APEC the power to negotiate free trade pacts, a move that could pave the way for a massive free trade zone that lowers tariffs on goods from electronics to food. Members of the Asia-Pacific Economic ... (Source: AP - msnbc.com 2010-11-08T11:06:32Z)

Republicans draw line on tax cut; say no compromising with Democrats

WASHINGTON - Republican leaders in the House and the Senate said Sunday that there would be no compromise with Democrats on whether to extend Bush-era tax cuts for the nation's wealthiest taxpayers. President Barack Obama has said he wants to extend the ... (Source: AZCentral.com 2010-11-09T04:10:10Z)

Tar Heels' RB White done for the season

CHAPEL HILL — North Carolina has lost leading rusher Johnny White for the season with a broken collarbone. The senior was hurt in the first half of the weekend win at Florida State. White earned a leading role in the offense when tailbacks Shaun Draughn ... (Source: Asheboro Courier-Tribune 2010-11-08T05:30:05Z)

North Carolina's Johnny White out for the season

ASHEVILLE — A five-year college football career marked by position changes and the refusal to quit even when he felt discarded ended with a painful exit on the Tallahassee turf Saturday afternoon. Former Asheville High standout Johnny White will miss the ... (Source: Asheville Citizen-Times 2010-11-08T05:08:37Z)

U.S. deploys drones in Yemen

The United States has deployed Predator drones to hunt for al-Qaida operatives in Yemen for the first time in years but has not fired missiles from the unmanned aircraft because it lacks solid intelligence on the insurgents' whereabouts, senior U.S ... (Source: AZCentral.com 2010-11-07T07:18:39Z)

Black Ops thieves brandish guns in GameStop raid

The pre-launch attraction of Call of Duty: Black Ops is so strong that some people are prepared to adopt terror tactics to get their grubby paws on it a little earlier than everyone else. Guns, guns, guns. Image: Activision. More pointedly, two thieves ... (Source: Thetech Herald 2010-11-09T06:11:51Z)

Are NY stores ready for 'Small Business Saturday'?

American Express hopes its Nov. 27 retailers' initiative, comparable to "Black Friday," "Cyber Monday" and "Fashion's Night Out," will start a movement toward shopping at local, independently owned businesses. First, big-box retailers hyped up Black Friday ... (Source: Crain's New York Business 2010-11-08T20:03:24Z)

Deals of the Hour / November 8, 2010, 9:40 pm

HIGHLIGHTS-White House panel on BP oil spill

WASHINGTON Nov 8 (Reuters) - The following are highlights from the White House oil spill commission's latest hearing on the causes of the BP ( BP.L ) offshore drilling disaster. For a story on the panel's hearing, see [ID:nN08212171] OIL SPILL PANEL ON BP ... (Source: Reuters 2010-11-08T21:22:08Z)

Tech blog: AT&T and Scripps reach deal to keep HGTV, Food Network other Scripps networks ...

Editor's note: This item originally appeared on dallasnews.com's Technology blog . Friday, AT&T and Scripps Networks jabbed and poked at each other in dueling news releases , each company blaming the other for the breakdown in negotiations that led to ... (Source: Dallas Morning News 2010-11-08T15:38:32Z)

UPDATE 4-BP, firms did not shirk safety for money-panel

WASHINGTON, Nov 8 (Reuters) - The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S. history happened because workers for BP Plc ( BP.L ) ( BP.N ) and its partners cut ... (Source: Reuters 2010-11-08T23:30:59Z)

Amazon buys Diapers.com in $545 mln deal

SAN FRANCISCO (MarketWatch) — Amazon.com Inc. said Monday that it will buy Quidsi Inc. — the parent company of Diapers.com and Soap.com — in its second largest acquisition since last year's purchase of Zappos.com. Amazon (NASDAQ:AMZN)  will pay $ ... (Source: Marketwatch 2010-11-08T16:57:17Z)

Eli Lilly plans to buy Pa. company

INDIANAPOLIS – Drugmaker Eli Lilly and Co. will spend up to $800 million to buy Avid Radiopharmaceuticals, a development-stage company that created an agent that may help diagnose Alzheimer's disease. The Indianapolis company said Monday the privately ... (Source: Fort Wayne Journal Gazette 2010-11-09T04:53:07Z)

Google looking for more acquisitions like YouTube

Google is likely to buy more companies about the size of YouTube and DoubleClick, its two largest acquisitions, to help offer more online services, said the company's head of mergers and acquisitions. "The world changes really quickly, and companies that ... (Source: San Francisco Gate 2010-11-07T01:06:25Z)

Goodell: Active players won't have say in fines for flagrant hits

CINCINNATI (AP) -- Sorry, Troy Polamalu . Commissioner Roger Goodell says active NFL players won't be deciding punishment for flagrant hits that merit fines. Goodell wants to hear their opinions, though. The commissioner said Monday the league has been ... (Source: CNN Sports Illustrated 2010-11-09T05:14:35Z)

North Carolina's leading rusher Johnny White out for season

CHAPEL HILL, N.C. (AP) — North Carolina has lost leading rusher Johnny White for the season with a broken collarbone. The senior was hurt in the first half of the weekend win at Florida State. White earned a leading role in the offense when tailbacks ... (Source: USA Today 2010-11-08T03:57:02Z)

Amazon reportedly near deal to buy Quidsi

SAN FRANCISCO — Amazon.com Inc. is closing in on an agreement to buy Quidsi Inc., the owner of Diapers.com and Soap.com , for $540 million, two people with knowledge of the matter said. An announcement may be made as soon as today, said one of the people ... (Source: Boston Globe 2010-11-08T05:08:37Z)

Genzyme Reiterates Sanofi-Aventis Takeover Offer Still Too Low

(RTTNews) - In response to a letter sent by Sanofi-Aventis (SNY: News ) earlier on Monday, Genzyme Corp. (GENZ: News ) reiterated that the French drug maker's $69 per share takeover bid "dramatically undervalues" the company. In a letter to Christopher ... (Source: RTT News 2010-11-09T01:18:22Z)

Goodell says players won't decide fines

Sorry, Troy Polamalu . Commissioner Roger Goodell says active NFL players won't be deciding punishment for flagrant hits that merit fines. Check out the best action from around the league in our Week 9 photo gallery . Goodell wants to hear their opinions ... (Source: FOXSports.com 2010-11-08T22:12:15Z)

Lilly deal boosts Alzheimer's focus

The drugmaker will spend up to $800 mil to buy Avid Radiopharmaceuticals, a development-stage company that created an agent that may help diagnose Alzheimer's disease. Eli Lilly (NYSE: LLY - News ) said the privately held Pa.-based company has no products ... (Source: Yahoo Finance 2010-11-08T23:45:18Z)

North Carolina's Johnny White out for the season

ASHEVILLE — A five-year college football career marked by position changes and the refusal to quit even when he felt discarded ended with a painful exit on the Tallahassee turf Saturday afternoon. Former Asheville High standout Johnny White will miss the ... (Source: Asheville Citizen-Times 2010-11-08T05:08:37Z)

AOL Exploring Financial Options To Boost Revenue

The Wall Street Journal reported on Sunday that AOL Inc. may be exploring new options like a possible deal with Yahoo Inc. The Journal said that AOL has not reached out to Yahoo with a proposal, but that AOL's advisers have been showing company officials ... (Source: Redorbit.com 2010-11-08T17:40:14Z)

Lilly to buy Avid Radiopharmaceuticals in deal worth up to $800 million

INDIANAPOLIS (AP) — Drugmaker Eli Lilly says it will buy Avid Radiopharmaceuticals in a deal that could be worth up to $800 million. Lilly says the privately held Philadelphia company has no products on the market. But it is seeking regulatory approval ... (Source: Chicago Tribune 2010-11-08T13:51:10Z)

Google to Make More Deals Like YouTube, DoubleClick

Nov. 5 (Bloomberg) -- Google Inc. is likely to buy more companies about the size of YouTube and DoubleClick, its two largest acquisitions, to help offer more online services, said the company's head of mergers and acquisitions. "The world changes ... (Source: BusinessWeek 2010-11-05T21:47:10Z)

Deal Struck: Food Network, HGTV Back on AT&T Air

The latest cable dispute has another happy ending. Scripps Networks and AT&T agreed to a deal late Sunday, ending a blackout that left AT&T's 2.7 million U-verse customers without access to the Food Network, HGTV and other Scripps programming over the ... (Source: TheWrap 2010-11-08T15:02:45Z)

Genzyme Should Swear Off Defensive Measures, Sanofi Says

Nov. 8 (Bloomberg) -- Genzyme Corp. should forgo defensive measures such as staggering the terms of its directors to allow shareholders to decide whether they want to accept an $18.5 billion takeover offer from Sanofi-Aventis SA, Sanofi said. Sanofi is ... (Source: BusinessWeek 2010-11-08T15:52:51Z)

Amazon to buy Diapers.com owner Quidsi for $500 million

Amazon plans assume about $45 million in debt and other obligations as part of the deal, which has been approved by Quidsi's shareholders. Soap.com sells health, beauty and cleaning products online, while Diapers.com sells baby-care items, including food ... (Source: Cleveland Plain Dealer 2010-11-08T19:20:27Z)

Amazon Adds Diapers.com In $500M Deal

Law360, New York (November 08, 2010) -- Internet retail giant Amazon.com Inc. announced Monday that it had reached an agreement to purchase Quidsi Inc., the parent company for Diapers.com and Soap.com, for $500 million in a bid to increase its presence in ... (Source: site.law360.com 2010-11-08T20:10:33Z)

Why Talk of an AOL-Yahoo Merger Is Overblown

WASHINGTON, DC – The Wall Street Journal roused more excitement over a potential merger/buyout between AOL and Yahoo today. According to the Journal, AOL "has hired financial advisers to explore various strategic options for the company, one of which ... (Source: YAHOO! 2010-11-08T18:44:39Z)

Sanofi Says Genzyme Should Swear Off Defensive Steps

Nov. 8 (Bloomberg) -- Genzyme Corp. should forgo defensive measures such as staggering the terms of its directors to allow shareholders to decide whether they want to accept an $18.5 billion hostile takeover offer from Sanofi-Aventis SA, Sanofi said ... (Source: BusinessWeek 2010-11-08T17:40:14Z)

Amazon aims to woo women with Quidsi acquisition

Jeff Bezos, founder and chief executive of Amazon, on Monday confirmed his company's $545m deal to acquire Quidsi, the largest US online retailer of diapers, or nappies, and other baby products. While praising the speed and low costs of Quidsi's ... (Source: Financial Times 2010-11-09T00:28:15Z)

BP, firms did not shirk safety for money: oil spill panel

The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S. history happened because workers for BP Plc and its partners cut corners to save money, mostly blaming the accident ... (Source: msnbc.com 2010-11-08T23:23:50Z)

Google eyes other YouTube-sized deals

Google Inc. is ready to do more deals the size of YouTube and DoubleClick, according to its chief dealmaker. "The world changes really quickly, and companies that were small two years ago are huge today," corporate development vice president David Lawee ... (Source: Birmingham Business Journal 2010-11-08T15:45:42Z)

AT&T, Scripps Networks reach deal to return HGTV, other channels to U-verse

After a brief outage over the weekend, Scripps Networks channels are back on the air with AT&T Inc.'s U-verse video service. Negotiations on a new agreement broke down Friday after the two sides couldn't agree on how AT&T would be allowed to distribute ... (Source: Dallas Morning News 2010-11-09T05:14:35Z)

AOL ponders Yahoo

AOL Inc. has hired financial advisers to explore various strategic options for the company, one of which includes a possible tie-up with bigger rival Yahoo Inc., The Wall Street Journal reported. A deal between AOL and Yahoo would be complex because of the ... (Source: Birmingham Business Journal 2010-11-08T13:22:32Z)

Tar Heels' RB White done for the season

CHAPEL HILL — North Carolina has lost leading rusher Johnny White for the season with a broken collarbone. The senior was hurt in the first half of the weekend win at Florida State. White earned a leading role in the offense when tailbacks Shaun Draughn ... (Source: Asheboro Courier-Tribune 2010-11-08T05:30:05Z)

Amazon To Purchase Diapers.com For $545 Million

Amazon.com said today it has reached an agreement to acquire Quidsi, which operates Diapers.com and Soap.com. Under the terms of the deal, which was approved by Quidsi's stockholders, Amazon will purchase all outstanding shares of Quidsi for $500 million ... (Source: WebProNews 2010-11-09T04:24:29Z)

Is Troy Polamalu onto something?

Troy Polamalu is not a big talker. But when the Pittsburgh Steelers' do-it-all safety speaks it's usually with a purpose, as Polamalu is one of the NFL's most thoughtful players. Furthermore, Polamalu's suggestion this week of adding a governing body to ... (Source: ESPN.com 2010-11-05T14:37:40Z)

Deals of the Hour / November 8, 2010, 8:40 pm

Jhonny Peralta in hand, Tigers eye big bat

Detroit Tigers president Dave Dombrowski said today that signing shortstop Jhonny Peralta to a two-year deal was as much about settling a position that has been in flux as much as it was about finding a good combination on the left side of the infield with ... (Source: Detroit Free Press 2010-11-09T02:22:47Z)

Tigers agree to deal with SS Jhonny Peralta

DETROIT—Jhonny Peralta wanted to play shortstop, and the Detroit Tigers liked the idea of solidifying the left side of their infield for the next couple years. Peralta and the Tigers agreed on an $11.25 million, two-year contract with a club option for ... (Source: San Jose Mercury News 2010-11-08T17:40:14Z)

R.I. Dem stands by 'shove it' remark to Obama

PROVIDENCE, R.I. — A day after he told reporters that President Barack Obama can take his decision not to endorse anyone in the race for Rhode Island governor and "shove it," the Democratic candidate for the post said he has no regrets about his ... (Source: msnbc.com 2010-10-26T12:19:13Z)

BP May Pay Billions for 'Missed Signals' That Led to Disaster

Nov. 9 (Bloomberg) -- BP Plc remains at risk for billions of dollars in fines and legal costs even after a U.S. commission said safety wasn't sacrificed for profit in the weeks and days leading up to the worst U.S. offshore oil spill. The presidential ... (Source: BusinessWeek 2010-11-09T02:44:16Z)

What's between Black Friday and Cyber Monday? AmEx promotes 'Small Business Saturday'

NEW YORK (AP) — Hoping to drum up support for independent merchants, American Express ' CEO said Monday that his company will promote "Small Business Saturday" on the weekend after Thanksgiving. "This is the start of a movement," said Kenneth Chenault ... (Source: Chicago Tribune 2010-11-08T20:17:43Z)

Probe by president's panel will support much of BP's finding on what caused Gulf spill

WASHINGTON - The early findings of the president's independent commission into what caused BP's Gulf oil spill will support many of the conclusions the oil company made in its own internal investigation. Fred H. Bartlit, Jr., the panel's chief investigator ... (Source: Minneapolis Star Tribune 2010-11-08T14:48:26Z)

Building British Cooperation With China

This week I am leading one of the biggest and most high-powered British delegations ever to visit China. We aim to deliver more than 40 specific agreements across the whole range of our bilateral relationship, from trade to low-carbon growth, to cultural ... (Source: Wall Street Journal 2010-11-09T00:21:06Z)

Mich. asst. AG accused of harassing gay student fired

L ANSING, Mich. — An assistant state attorney general accused of harassing the gay student assembly president at the University of Michigan has been fired, his lawyer said today. Andrew Shirvell, 30, went on leave about a month ago after national ... (Source: Boston Herald 2010-11-08T22:12:15Z)

Volcano Won't Force Obama Into Skipping Indonesia Third Time

For those who wonder what's shaking with U.S. foreign relations these days: Secretary of State Hillary Clinton has developed a reputation of sorts for quakes about the globe. And President Barack Obama must elude the ash from a deadly volcano during his ... (Source: NewsMax.com 2010-11-08T22:55:12Z)

China, Britain sign deals on eve of visit by David Cameron

BEIJING -- Chinese and British firms have signed a raft of deals worth millions of dollars, the British embassy said Monday on the eve of a visit by Prime Minister David Cameron aimed at boosting business ties. British Business Secretary Vince Cable on ... (Source: China Post 2010-11-09T04:10:10Z)

More than 100 copies of Call of Duty: Black Ops stolen in Maryland

Patience is a virtue that some video game fanatics apparently don't have. With the hugely anticipated Call of Duty: Black Ops going on sale at midnight, two men jumped the gun when they stole more than 100 copies of the game from a retailer Saturday ... (Source: Los Angeles Times 2010-11-08T19:34:46Z)

Obama Returns to Indonesia Chasing Trade Not Chickens

Nov. 9 (Bloomberg) -- In President Barack Obama's 2006 book, "The Audacity of Hope," the then-freshman senator described growing up in Indonesia as a "joyous time, full of adventure and mystery -- days of chasing down chickens and running from ... (Source: BusinessWeek 2010-11-09T00:49:44Z)

Tigers agree to $11.25M deal SS Jhonny Peralta

DETROIT (AP) - The Detroit Tigers and shortstop Jhonny Peralta agreed Monday on an $11.25 million, two-year contract with a club option for 2013. Peralta gets $5.25 million next year and $5.5 million in 2012. The Tigers have a $6 million team option for ... (Source: Washington Times 2010-11-08T15:52:51Z)

Aliyev loyalists sweep the board in Azerbaijan vote

Loyalists of President Ilham Aliyev swept the board in a parliamentary election in oil-producing Azerbaijan, giving him an even tighter grip on power in the ex-Soviet republic. The leading opposition party, Musavat, failed to win a single seat in the ... (Source: msnbc.com 2010-11-08T10:16:25Z)

Pacific Rim coalition may seek power to forge trade deals

Pacific Rim economies are debating whether to try to gather the power to negotiate free trade pacts, a move that could pave the way for a massive free-trade zone that lowers tariffs on goods from electronics to food. Members of the Asia-Pacific Economic ... (Source: Salt Lake Tribune 2010-11-08T23:45:18Z)

Michigan assistant AG accused of harassing student fired

LANSING, Mich. - An assistant state attorney general accused of harassing the gay student assembly president at the University of Michigan was fired Monday. Andrew Shirvell, 30, went on leave about a month ago after national criticism erupted over a blog ... (Source: Tampa Bay Online 2010-11-09T04:03:00Z)

Armed Robbers Steal 100 Call of Duty: Black Ops Copies from GameStop

It seems that Call of Duty: Black Ops is enough of a reason to commit armed robbery, as two thieves with semiautomatic weapons held up a local GameStop store and stole 100 copies of Call of Duty: Black Ops. Activision's upcoming shooter, Call of Duty ... (Source: Softpedia 2010-11-08T22:12:15Z)

Call of Duty: Black Ops Stolen At Gunpoint

Video game violence hit a little too close to home last weekend, as armed robbers in Maryland held up a video game store and ran off with 100 unreleased copies of the combat-themed Call of Duty: Black Ops video game. According to a statement from the ... (Source: PC Magazine 2010-11-08T23:23:50Z)

UPDATE 3-Monitors fault Azeri vote won by Aliyev loyalists

BAKU, Nov 8 (Reuters) - Monitors rebuked oil-producing Azerbaijan on Monday for holding a flawed parliamentary election that tightened President Ilham Aliyev's hold over the former Soviet republic, a strategic partner of the West. Aliyev loyalists swept ... (Source: Reuters 2010-11-08T13:36:51Z)

Rhode Island Democrat: Obama can 'shove it' for not endorsing him

PROVIDENCE, R.I. (AP) — The Democratic candidate for Rhode Island governor, widely seen as more conservative than the independent seeking to lead the heavily Democratic state, said Monday that President Barack Obama can "shove it" after learning Obama ... (Source: Daily Tribune 2010-10-26T11:50:35Z)

Obama heads to Indonesia, finally

NEW DELHI (Reuters) - President Barack Obama finally heads to Jakarta on Tuesday for a visit during which he will seek to boost U.S. security and trade ties with Indonesia, and also reach out to the larger Islamic world. His visit to a country where he ... (Source: Reuters 2010-11-08T23:09:31Z)

Latest Rhode Island News, Sports, Business And Entertainment:

PROVIDENCE, R.I. (AP) Crowds of protesters have gathered outside the Convention Center in downtown Providence, where President Barack Obama attended a fundraiser. Protesters across the street from the Convention Center on Monday evening were holding signs ... (Source: WCBD 2010-10-26T09:20:15Z)

Mich. asst. AG accused of harassing student fired

An assistant state attorney general accused of harassing the gay student assembly president at the University of Michigan has been fired. Andrew Shirvell had attended the first day of a disciplinary hearing Friday and expected the hearing to continue later ... (Source: AP - msnbc.com 2010-11-08T23:09:31Z)

A look at economic developments around the globe

BERLIN -- European Central Bank President Jean-Claude Trichet says he has seen nothing to suggest the U.S. Federal Reserve's move to pump money into the American financial system was meant to weaken the dollar. BEIJING -- The U.S. Federal Reserve's move to ... (Source: Boston Globe 2010-11-08T20:53:30Z)

Are NY stores ready for 'Small Business Saturday'?

American Express hopes its Nov. 27 retailers' initiative, comparable to "Black Friday," "Cyber Monday" and "Fashion's Night Out," will start a movement toward shopping at local, independently owned businesses. First, big-box retailers hyped up Black Friday ... (Source: Crain's New York Business 2010-11-08T20:03:24Z)

Azerbaijan: Ruling Party Takes Majority of Seats in Elections

The ruling party in Azerbaijan , a former Soviet republic led by a strongman president, dominated parliamentary elections on Sunday, according to preliminary results released Monday. Opposition candidates may not have won a single seat, and independent ... (Source: New York Times 2010-11-09T01:54:09Z)

Oil spill panel: Many decisions add up to BP disaster, no single choice of money over safety

WASHINGTON - The BP oil rig explosion and spill wasn't about anyone purposely trading money for safety, investigators on a special presidential commission said Monday. Instead it was more about seemingly acceptable risks adding up to disaster ... (Source: Minneapolis Star Tribune 2010-11-08T22:33:43Z)

APEC debates having power to forge trade deals

Pacific Rim economies are debating whether to give APEC the power to negotiate free trade pacts, a move that could pave the way for a massive free trade zone that lowers tariffs on goods from electronics to food. Members of the Asia-Pacific Economic ... (Source: AP - msnbc.com 2010-11-08T11:06:32Z)

"Small Business Saturday" follows on the heels of Black Friday and Cyber Monday

NEW YORK — Hoping to drum up support for independent merchants, American Express' CEO said Monday that his company will promote "Small Business Saturday" on the weekend after Thanksgiving. "This is the start of a movement," said Kenneth ... (Source: Colorado Springs Gazette 2010-11-08T21:57:56Z)

UK's Cameron in Beijing on business-centered visit

British Prime Minister David Cameron has arrived in Beijing leading his country's largest-ever official delegation to China. It is the latest European push to win business in China and spur sluggish growth at home. Cameron is accompanied by four Cabinet ... (Source: Salon 2010-11-09T04:03:00Z)

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