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 / May 31, 2011, 10:42 pm

Home prices have fallen more than during the Depression

The March data are the latest available. St. Louis is not included in the index. Prices are expected to keep falling until the glut of foreclosures for sale is reduced, companies start hiring in greater force, banks ease lending rules and more people think ... (Source: St. Louis Post-Dispatch 2011-06-01T05:01:43Z)

Insider Trading Probe Reaches Expert Networkers With Jiau Trial

Barai said in May 2008 he participated in calls with Jiau, who provided tips about Marvell, a Santa Clara, California-based maker of chips for personal computers and mobile phones. Barai will provide "substantial assistance," prosecutors said in court papers. (Source: BusinessWeek 2011-06-01T04:18:46Z)

NBA notebook: Reaching deal will be 'challenge,' says Stern

Without an agreement, the owners could then lock out the players. Stern also said the sale of the Detroit Pistons to California investor Tom Gores has been approved. Stern said he expects the sale to close officially this week. The Pistons announced in ... (Source: Memphis Commercial Appeal 2011-06-01T04:54:33Z)

Gary Carter to treat malignant tumor with chemotherapy

DURHAM, N.C. — Hall of Fame catcher Gary Carter was diagnosed Tuesday with a malignant brain tumor called a glioblastoma and will treat it with chemotherapy and radiation. Doctors at The Preston Robert Tisch Brain Tumor Center at Duke University say the ... (Source: New Haven Register 2011-06-01T05:16:02Z)

Pfizer, Amazon, Blockbuster, Louboutin: Intellectual Property

Blockbuster transferred its interest in the trust to Dish as part of its asset sale, according to court papers. NCR contends that the trust wasn't included in the sale because it wasn't part of Blockbuster's bankruptcy filing. In addition ... (Source: BusinessWeek 2011-06-01T04:18:46Z)

Obama to award Medal of Honor to Army sergeant

The 31-year-old native of Santa Fe , N.M. will receive the medal in a ceremony July 12, a White House statement said Tuesday. "It's very humbling to know that the guys thought that much of me and my actions that day, to nominate me for that," Petry told ... (Source: USA Today 2011-06-01T04:33:05Z)

Austin police release identities in shooting

A police statement issued Tuesday identified the dead suspect as 20-year-old Byron Carter of Austin. The statement says the driver of the car was a 16-year-old boy who was wounded by police and is hospitalized under police guard. The statement says ... (Source: Austin American-Statesman 2011-06-01T04:47:24Z)

Carter's brain tumors deemed inoperable

That treatment is expected to include chemotherapy and radiation. Carter, 57, will return to Florida to continue his fight against the disease. About one in four victims of this ailment survive two years, according to the Cedars-Sinai Medical Center website. (Source: FOXSports.com 2011-06-01T04:18:46Z)

Phil Humber, Alexei Ramirez shine in White Sox win

Santos wasn't needed after Chris Sale struck out Adrian Gonzalez on two fastballs and a slider for a three-pitch save. "Our plan was to go out there and attack, throwing strikes, and, hey, it worked out for the best this time,'' Sale said. (Source: Chicago Sun-Times 2011-06-01T05:16:02Z)

Expert Networker' Jiau Faces Trial in U.S. Insider Trading Investigation

Barai said in May 2008 he participated in calls with Jiau, who provided tips about Marvell, a Santa Clara , California-based maker of chips for personal computers and mobile phones. Barai will provide "substantial assistance," prosecutors said in court papers. (Source: Bloomberg 2011-06-01T04:18:46Z)

Pineiro's error costs Angels in loss to Royals

"His workout today was exceptional," Scioscia said. "He's running at 100 percent. It was a beautiful thing to see." ... RHP Felipe Paulino, who was acquired last week from Colorado, will make his first start for the Royals on Wednesday. He will become the ... (Source: Austin American-Statesman 2011-06-01T04:25:55Z)

Dear Abby: Expecting older mom gets unexpected family reaction

You may think you'd be "safe" because Mavis isn't pretty, but to quote Benjamin Franklin , "In the dark, all cats are gray." If you're tired, let Mavis help with the chores — but not this one. DEAR ABBY: I wish there was some way to make families ... (Source: Daily Oklahoman 2011-06-01T04:54:33Z)

Hall of Famer's tumor malignant

Hall of Fame catcher Gary Carter was diagnosed Tuesday with a malignant brain tumor called a glioblastoma and will be treated with chemotherapy and radiation. Doctors say the location of the tumor makes it difficult to remove. Carter was returning home to ... (Source: Salt Lake Tribune 2011-06-01T05:16:02Z)

Deals of the Hour / May 31, 2011, 6:43 pm

Iranian minister sought by Argentina visits Bolivia

Vahidi arrived unannounced in Argentina's neighbour to the north and took part in a military ceremony in the Department Santa Cruz. The visit provoked ... at the invitation of his counterpart Maria Cecilia Chacon and is apparently under diplomatic protection. (Source: Monsters and Critics 2011-06-01T01:19:48Z)

Jake Winston leads Manalapan to shutout of Jackson Memorial

First, he raced off the mound, fielded a beautiful bunt by Jaguars No ... Winston retired 11 straight batters until pinch-hitter Nick Petrizzo reached on an error to lead off the sixth. "He's thrown two gems against us," said Jackson Memorial coach ... (Source: Asbury Park Press 2011-06-01T01:05:29Z)

Some Things Never Change

Yes, yes, the Agenda Project, creators of the Medicare video, assures us, to the strains of "America the Beautiful," "With pretty boy Paul Ryan's draconian and savage cuts to Medicare in his budget proposal, we have to ask ourselves: Is America still ... (Source: Town Hall 2011-06-01T00:36:51Z)

Yahoo, Alibaba Reach Agreement Over Alipay, Reuters Reports

Editors: Jillian Ward, Nick Turner To contact the reporter on this story: Brian Womack in San Francisco at bwomack1@bloomberg.net To contact the editor responsible for this story: Tom Giles at tgiles5@bloomberg.net (Source: BusinessWeek 2011-06-01T01:12:39Z)

Birmingham Seaholm's newly appointed head football coach dies after heart attack

Birmingham Seaholm head coach Nick Dean passed away on Monday night after suffering a heart attack at his home, school officials have said. Dean, 52, was a long time football assitant at Troy High School before moving to Seaholm's program in 2008 as an ... (Source: MLive.com 2011-05-31T17:48:50Z)

Ex-NFL QB Leaf has benign tumor removed from brain stem

He had surgery a week later at Saint John's Health Center in Santa Monica, Calif., and was released Saturday. "I am looking forward to resting a bit and being with my family," Leaf said in a statement. "This was just another bridge for me to cross ... (Source: NFL 2011-06-01T00:51:10Z)

Despite Stanley Cup drought, Canada isn't fully embracing the Canucks

Why the hate? Jealousy is a likely factor. Vancouver's mountain and sea vistas make it one of the world's most beautiful cities, and it has milder winters than the rest of Canada. Its success in hosting the Winter Olympics has given it new prominence ... (Source: Los Angeles Times 2011-06-01T00:29:42Z)

Merrill Dubrow's tips for creating more sales opportunities

As I gain my composure the screen says, "Here is your special gift." I look, and basically they took my 30 pictures and put them in a beautiful book. The book is formatted very nicely, and the machine lets me review the book, page by page, and also ... (Source: Smart Business Network 2011-06-01T00:08:13Z)

The Windows Phone 7 Apps Everyone Should Have May 2011

Windows Phone 7 is home to many beautiful apps but which ones are the best? We got 'em all for you right here. gMaps : gMaps is a Google Maps app for Windows Phone that works as well as you'd expect. And as I don't actually know anyone who uses Bing ... (Source: Gizmodo Australia 2011-05-31T23:53:54Z)

Birmingham Seaholm football coach Nick Deane dies

Nick Deane, who was hired as the head football coach at Birmingham Seaholm in November, died Monday at his home in Troy after reportedly suffering a heart attack. Deane was 53. Deane was offensive coordinator and offensive line coach at Seaholm for two ... (Source: Detroit News 2011-06-01T00:58:20Z)

Leaf has benign tumor removed from brain stem

He had surgery a week later at Saint John's Health Center in Santa Monica, Calif., and was released Saturday. "I am looking forward to resting a bit and being with my family," Leaf said in the statement. "This was just another bridge for me to cross ... (Source: Baltimore Sun 2011-06-01T00:44:01Z)

Group forms in effort to keep new Ohio union law

It affects about 350,000 police, firefighters, teachers and other public workers. While unions can continue to negotiate wages, they cannot bargain on health care, sick time or pension benefits. Building a Better Ohio says Gov. John Kasich (KAY'-sik ... (Source: 27 First News 2011-06-01T00:01:04Z)

Ryan Leaf has surgery to remove benign tumor

He had surgery May 25 at Saint John's Health Center in Santa Monica, California, and was released Saturday. Leaf said in the statement he is recovering well. "I am looking forward to resting a bit and being with my family," Leaf said. "Thank you for all ... (Source: Miami Herald 2011-06-01T00:22:32Z)

Deals of the Hour / May 31, 2011, 4:47 pm

Jobs to launch Apple cloud media service

Apple has deals with three big record labels, and is close to a deal with the fourth, Universal Music. Music publishers are expected to agree terms this week. The new online music service is expected to be the centerpiece of the Apple's efforts to build ... (Source: Financial Times 2011-05-31T23:18:07Z)

PRESS RELEASE: NEON Settles Legal Dispute with IBM

Pursuant to the terms of a permanent injunction, NEON and its distribution partners and affiliates will no longer market, sell, license (including any renewal or extension of any existing license), install, distribute, export, import, offer to sell ... (Source: FOXBusiness 2011-05-31T22:56:38Z)

Morgan Stanley Invests $50 Million in Short-Sale Mark Yongye

Editors: Joanna Ossinger, Michael Regan To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net (Source: BusinessWeek 2011-05-31T22:42:19Z)

Apple's Jobs to Unveil ICloud, New Software

Apple, the world's most valuable technology company, has reached agreements with three major record labels to let users of its new music service access their song collections from handheld devices via the Internet, people with knowledge of the deals said ... (Source: Bloomberg 2011-05-31T23:18:07Z)

iOS 5 Rumors: What New Features Will Apple Announce At WWDC 2011?

iOS 5 may also offer over-the-air upgrades , which will allow users to update their devices without connecting to a computer. 9to5Mac explains how this might work: "Updates are now over 600MB. Apple would have to make these smaller to get the carriers to ... (Source: Huffingtonpost.com 2011-05-31T23:25:16Z)

IBM's longtime liaison to Vermont Legislature retires

O'Kane voiced IBM's opposition to the recently passed health care reform , saying it would result in double taxation for IBM and other businesses that offer health benefits to their employees. For the first 30 years of his career with IBM, O'Kane ... (Source: Burlington Free Press 2011-05-31T23:03:48Z)

Exclusive: Lee County sheriff's promotions stir debate

One of his cost-cutting measures is a buyout offer 50 employees opted to take. Though sheriff's office's staff has not estimated savings, the move could save the agency $2 million, if none of the positions is filled. (Source: News-Press 2011-05-31T22:56:38Z)

Planned GP consortia could lead to chaos – and top-down diktats

Nick Clegg, the Liberal Democrat leader ... of private-sector executives last October that the reforms would show "no mercy" to the NHS and offer a "big opportunity to the private sector". The Liberal Democrats, smarting from their rout in the local ... (Source: The Independent 2011-05-31T22:42:19Z)

Trash Talk: Mavs, Heat Fuel Fire Between Cities

We keep bug spray in the 305 for such pests. Hopefully, Mark Cuban wears a shirt that isn't so tight this NBA Finals. If not, we offer plenty of fashion options on South Beach. We've got a LeBron Hater Snuggie with his name on it. What's Cuban's size? (Source: NBC Dallas-Fort Worth 2011-05-31T22:42:19Z)

Abilene Reporter-News: Morning state, national, international headlines, May 31

VIRTUAL DISSECTIONS — A Southern California high school is taking the scalpel to frog dissections in biology class as it becomes the first U.S. school to take up animal welfare supporters' offer of free anatomy software. BOX OFFICE — "The Hangover ... (Source: Abilene Reporter-News 2011-05-31T22:56:38Z)

James Lawton: Farewell glorious Scholes. But isn't it time for Giggs to bow out as well?

Sir Alex Ferguson "We are going to miss a truly unbelievable player." Sir Bobby Charlton "He's always so in control and pinpoint accurate with his passing – a beautiful player to watch." Paul Scholes was sent off 10 times during his career, with nine red ... (Source: The Independent 2011-05-31T22:42:19Z)

Deals of the day -- mergers and acquisitions

(For Reuters columns on deals, click on ) ** Chemicals maker Ashland Inc , known for its Valvoline motor oil, plans to buy privately owned International Specialty Products for about $3.2 billion as it eyes more sales from the high-margin personal care ... (Source: Reuters 2011-05-31T13:45:27Z)

Nokia Reduces Devices, Services Forecast; Shares Slump 13%

The unit's non-IFRS operating margin will fall short of the 6 percent to 9 percent range, it said. "They are forced to discount a lot," Lee Simpson, an analyst at Jefferies International Ltd. in London with a "sell" rating on the share ... (Source: BusinessWeek 2011-05-31T12:55:21Z)

South African President: Qaddafi Ready for Truce

Rebels quickly rejected the offer. South African President Jacob Zuma said Qaddafi is ready to accept an African Union initiative for a cease-fire that would stop all hostilities, including NATO airstrikes in support of rebel forces. "He is ready to ... (Source: FOX News 2011-05-31T11:43:46Z)

Deals of the Hour / May 31, 2011, 2:41 pm

Intesa's IMI, F2i to Buy Metroweb in 436-Million-Euro Deal

May 31 (Bloomberg) -- Intesa Sanpaolo SpA's IMI Investimenti unit and infrastructure fund F2i SpA agreed to buy Metroweb SpA from A2A SpA and Stirling Square Capital Partners in a deal valuing the owner of Milan's largest fiber-optic network at 436 ... (Source: BusinessWeek 2011-05-31T08:51:58Z)

UPDATE 1-Korea Aerospace aims to price $475 mln IPO

[ID:nL3E7F40ZB] Woori Investment & Securities and Hyundai Securities will manage the deal. Proceeds from the IPO will be used partly to invest in facilities to develop aviation equipment and parts. KAI, founded in 1999, posted a net profit of 78.8 billion ... (Source: Reuters 2011-05-31T08:44:48Z)

NFL: Ryan Leaf has benign tumor removed from brain stem

He had surgery a week later at Saint John's Health Center in Santa Monica, Calif., and was released Saturday. "I am looking forward to resting a bit and being with my family," Leaf said in the statement. "This was just another bridge for me to ... (Source: New Haven Register 2011-05-31T21:09:16Z)

Chiquita sued over paramilitary payments

Chiquita's sprawling banana operations in Colombia date to 1899, mostly in remote areas of Santa Marta and Uraba along the Caribbean coast. By the 1970s, the country's civil conflict threatened the banana farms, mostly fomented by the leftist Revolutionary ... (Source: AP - msnbc.com 2011-05-31T09:42:04Z)

In shift, feds target top execs for health fraud

The new tactic is raising the anxiety level - and risks - for corporate honchos at drug companies, medical device manufacturers, nursing home chains and other major health care enterprises that deal with Medicare and Medicaid. Previously, if a company got ... (Source: Courier-Post 2011-05-31T20:54:57Z)

FOREX-Euro rises on Greek aid report; yen falls broadly

The WSJ report was in line with the tone of comments by Berlin's finance minister last week, but substantial barriers appear to remain to the provision of extra financial help needed to deal with Greece's financing needs next year. [ID:nLDE74U0OY] "I would ... (Source: Reuters 2011-05-31T10:17:52Z)

NRF and New Hampshire Retailers Air Radio Ads Urging Shaheen and Ayotte to Support Swipe Fee Reform

Debit cards account for about $20 billion of the total. Congress has yet to deal with credit card swipe fees but included swipe fee reform for debit cards in last year's Wall Street bill. Regulations proposed by the Federal Reserve to implement the ... (Source: StreetInsider.com 2011-05-31T21:23:35Z)

Singer Sean Kingston crashes watercraft in Fla.

No further information was provided. Kingston rose to fame with his 2007 hit "Beautiful Girls" and was also featured on songs by artists including Justin Bieber . His self-titled debut album sold over 1 million copies worldwide. On Twitter, Bieber posted a ... (Source: Los Angeles Times 2011-05-31T07:11:45Z)

Edwards, feds argue over money

An indictment of Edwards appears imminent, but some people on both sides are still hoping for a last-minute plea deal. The prosecutors have decided after a two-year investigation that the hundreds of thousands of dollars that two Edwards donors gave to ... (Source: WPRI 2011-05-31T21:09:16Z)

Sean Kingston stabilized after watercraft crash

A number of hip-hop musicians were in Miami Beach over the weekend for Urban Beach Week. Kingston rose to fame with his 2007 hit "Beautiful Girls" and was also featured on songs by artists including Justin Bieber. His self-titled debut album sold over 1 ... (Source: AP - msnbc.com 2011-05-31T13:16:49Z)

Germany's Merkel on high-profile visit to India

Merkel also made a strong pitch on behalf of a European consortium for a multibillion-dollar deal to supply 126 fighter jets to India. Germany is part of the consortium producing the Eurofighter Typhoon which is competing with the French made Rafale ... (Source: AP - msnbc.com 2011-05-31T10:53:39Z)

National Retail Federation Airs Radio Ads Urging Murkowski and Begich to Support Swipe Fee Reform

Debit cards account for about $20 billion of the total. Congress has yet to deal with credit card swipe fees but included swipe fee reform for debit cards in last year's Wall Street bill. Regulations proposed by the Federal Reserve to implement the ... (Source: StreetInsider.com 2011-05-31T21:30:45Z)

Sean Kingston's Passenger in Jet Ski Crash Speaks

As previously reported , The "Beautiful Girls' singer remains in critical condition but it's been reported that his condition has stabilized. Alcohol has been ruled out as a factor in the accident. (Source: BET 2011-05-31T21:23:35Z)

Deals of the Hour / May 31, 2011, 12:52 pm

4 killed when tour bus crashes, flips in Virginia

Fifteen passengers were killed and 18 injured. The fleets of inexpensive buses plying the highways of the Northeast offer cheap fares, convenient routes and in some cases free wireless Internet. Customers are picked up daily from Boston, New York ... (Source: Los Angeles Times 2011-05-31T19:36:13Z)

US Supreme Court refuses to hear Conrad Black case

In July 2007, Black and three colleagues were found guilty of diverting $3.5 million (£ 2.1 million) from the sale of stock of Hollinger to the Canadian press group Canwest, and of destroying documents in the sale. He was also accused of diverting some $ ... (Source: My Fox Boston 2011-05-31T19:36:13Z)

NetApp to resell CommVault's tape backup, snapshot, replication tech

Computerworld - Storage vendor NetApp said today it can now support all types of backup through a single interface as a result of a reseller agreement with CommVault and will offer its SnapProtect branded software , a package of CommVault's Simpana 9's ... (Source: Computerworld 2011-05-31T19:00:25Z)

Former Utility Executive, NRDC Cofounder Bryson Nominated as Commerce Secretary

The White House has declined to submit the treaties without reauthorization of Trade Adjustment Assistance, an expired program to retrain workers displaced by such deals, leading to what appears to be a standoff. "Until the President submits [the trade ... (Source: NationalJournal.com 2011-05-31T19:07:35Z)

NHL returns to Winnipeg with Thrashers purchase

The sale and proposed relocation to Winnipeg must still be approved by the league's board of governors on June 21. NHL commissioner Gary Bettman presided over the league when the NHL left Winnipeg in 1996, but said he's pleased Winnipeg is getting a franchise again. (Source: Calgary Herald 2011-05-31T19:29:03Z)

Obama proposes former electric firm head for Commerce post

Bryson's nomination must be approved by the Senate, but Republicans in the upper chamber indicated they could consider blocking the nomination in order to force action on languishing trade deals with Panama, Colombia and South Korea. White House spokesman ... (Source: Monsters and Critics 2011-05-31T19:29:03Z)

Under New Ownership, Atlanta Thrashers Will Head to Canada

It is unclear whether the team will again be called the Jets, according to the Winnipeg Free Press. The sale will not become final until a June 21 vote by the NHL's board of governors. Three-fourths of the owners must approve the sale while a simple ... (Source: myfoxny.com 2011-05-31T19:29:03Z)

CORRECTED-Hightower nabs Morgan Stanley team in Calif. desert

They reject the toxicity of the wirehouse model." The pace of breakaways from the big brokerage firms will grow because retention deals that advisers signed in 2008 and 2009 with Morgan Stanley, Merrill Lynch UBS Wealth Management and other big firms are ... (Source: Reuters 2011-05-31T19:14:44Z)

Want to help Joplin? Financial gifts offer the most benefit, sources say

A little more than a week after a deadly tornado hit Joplin, Mo., the question of how to help remains on many people's minds. And the answer — hint: it's not supply drives or immediately driving to Joplin to volunteer — may not be the first ... (Source: The Business Journal 2011-05-31T19:29:03Z)

Korea Aerospace aims to price $475 mln IPO at 14,000-16,000won/share

The South Korean aircraft maker seeks to price the share sale at between 14,000 won and 16,000 won a share, the company said in a filing to financial regulators. ($1 = 1080.150 Korean Won) (Reporting by Ju-min Park; Editing by David Chance (Source: Reuters 2011-05-31T08:01:51Z)

Army probes Egypt blogger, TV host on abuse claims

Hamalawy said that writer and former policeman Nabil Sharaf el-Din was questioned at the same time over an article he wrote on a Website accusing the military of having secret deals with Egypt's Islamist opposition Muslim Brotherhood. Separately ... (Source: Daily Press 2011-05-31T19:29:03Z)

Indian GDP Growth Slows to 7.8%; Pressure for Rate Rises Stays

Sales at Maruti Suzuki rose 4.4 percent in April, the least in 28 months, the company said May 2. Home-sale registrations in Mumbai fell 30 percent in April from a year earlier, dropping to a 23-month low, according to a May 17 report by brokerage ... (Source: BusinessWeek 2011-05-31T06:00:10Z)

Obama Picks Energy Executive Bryson to Lead Commerce

A spokesman for Kentucky Senator Mitch McConnell, Don Stewart, reiterated the Republican leader's previous statements that the party has vowed to block any commerce nominee until the administration submits for approval free-trade deals with South Korea ... (Source: BusinessWeek 2011-05-31T19:00:25Z)

Deals of the Hour / May 31, 2011, 10:41 am

Is bond trading dying?

Traders will still be needed to handle large or complex deals for important clients. However, the executive said similarities to equities are real when it comes to standard, highly liquid products like interest rate and credit default swaps. "That's a sea ... (Source: Reuters 2011-05-31T16:22:56Z)

Francisco Liriano is the latest Twins player to land on the disabled list

It keeps things in perspective. Baseball and life are two separate things." Gardenhire and Carter were New York Mets teammates in 1985, and played against one another the previous four seasons when Carter was with the Montreal Expos. "I'm waiting for ... (Source: FOXSports.com 2011-05-31T16:22:56Z)

Virginia Officials: Ruling Imperils Historic Tax Credits

Federal tax credits also are available. The court case deals with a complex but widely used method of using those tax credits. That method involves investors who invest in a project and then receive a share of the tax credits. On it's website, The ... (Source: Myfoxdc.com 2011-05-31T15:54:18Z)

Financing secured for $900 million thermal power plant in Riverside County

Southern California Edison adds 5M watt solar array First Solar signs deal with Southern California Edison SunPower signs 3 deals with Southern California Edison Southern California Edison inks 20-year solar deal with Solyndra Trina Solar inks deal with ... (Source: The Business Journal 2011-05-31T17:05:53Z)

Housing index is expected to show a new low in prices today

He says there is plenty of time to get back in if he should ever want to. The market signaled further trouble on Friday when the April index of pending deals was released by the National Association of Realtors. Analysts had predicted the index ... (Source: Herald Tribune 2011-05-31T16:58:44Z)

Companies in Lee, Collier counties work hard to minimize distractions, technological inefficiency at office

Try Places and Deals apps Deals mimics sites such as Groupon and LivingSocial in offering special bargains for friends, while Places is similar to sites like Foursquare, where folks at restaurants or concerts, for instance, let others know they're there. (Source: News-Press 2011-05-31T17:13:03Z)

Deals of the Hour / May 31, 2011, 8:42 am

Qatar takes majority stake in Paris Saint-Germain FC

The deal gives the 2022 World Cup host nation 70 per cent of PSG, against 30 per cent for Colony. 'We looked for the best partner to ensure a place in history for PSG,' Sebastien Bazin, head of Colony Capital in Europe said in a statement. 'We found that ... (Source: Monsters and Critics 2011-05-31T15:32:50Z)

Massey Investors Lose State Court Bid to Bar Vote on $7 Billion Buyout

The West Virginia Supreme Court of Appeals in Charleston today rejected a request by some Massey shareholders to put off an approval vote on the deal so investors can more thoroughly study Alpha's cash-and-stock offer. A California pension fund that ... (Source: Bloomberg 2011-05-31T15:32:50Z)

Indian GDP Growth Slows to 7.8%; Pressure for Rate Rises Stays

Sales at Maruti Suzuki rose 4.4 percent in April, the least in 28 months, the company said May 2. Home-sale registrations in Mumbai fell 30 percent in April from a year earlier, dropping to a 23-month low, according to a May 17 report by brokerage ... (Source: BusinessWeek 2011-05-31T06:00:10Z)

Intel Launches New Class of 'Ultrabook' Laptops

It will take time for the systems to evolve, however. An initial crop of Ultrabook PCs will go on sale from PC makers in time for the holiday shopping season at the end of this year. Based on Intel's existing Core processors, they will be less than 20mm (0 ... (Source: CIO 2011-05-31T05:10:03Z)

Margarita mix for beginning investors

So I fully expect that at some point you'll settle on a more challenging and rewarding pursuit. But since you're enamored of this fantasy, why not use it to your advantage? Toward that end I'm going to recommend a way to get started that is so simple that ... (Source: CNN Money 2011-05-31T15:18:31Z)

Playing the heel: Mets send Dickey to the mound vs. Pirates

Bay will face his former Pirates club for the first time since he was traded to Boston in a three-team deal on July 31, 2008. Bay is the only Rookie of the Year in Pittsburgh history. The Mets are 11-6 in their last 17 home games and will also host Atlanta ... (Source: 9News 2011-05-31T15:04:12Z)

Heroes of Ruin officially announced for early 2012 release

The Square Enix Group operates a global network of leading development studios and boasts a valuable portfolio of intellectual property, including: FINAL FANTASY®, which has sold over 97 million units worldwide; DRAGON QUEST®, which has sold over 58 ... (Source: Joystiq 2011-05-31T15:32:50Z)

W.Va. court rejects bid to halt Massey Energy sale

The West Virginia Supreme Court has declined to issue an order barring Massey Energy shareholders from voting on a proposed $7.1 billion sale to rival coal producer ... Wednesday's shareholder vote. The deal is expected to close pending approval by ... (Source: Washington Examiner 2011-05-31T15:04:12Z)

Algeria imported 285,337 vehicles in 2010, an increase of 2.68% y-o-y

However, as we have stated before, one feature of the Algerian autos market is that there can be a slight time delay between cars being imported into the country and their eventual sale and registration. To underline this point, the country's office of ... (Source: Transworld News 2011-05-31T15:32:50Z)

UPDATE 1-Lloyd's insurer Novae eyes merger with rival Omega

LONDON, May 31 (Reuters) - Lloyd's of London insurer Novae ( NVA.L ) is examining a merger with rival Omega ( OIH.L ), in a deal which could create an enlarged group with a combined market capitalisation of some 420 million pounds ($692 million). (Source: Reuters 2011-05-31T06:21:38Z)

Now renting: luxe condos built for the global rich

Since 2007, not one of the building's sleek condos, with their Bosch appliances and Del Tango cabinetry, had made it out of escrow and into a final sale, despite the fact that the plush residence sits in the middle of Silicon Valley, one of the U.S.'s top ... (Source: Bismarck Tribune 2011-05-31T14:57:02Z)

Deals of the Hour / May 31, 2011, 6:41 am

Nokia Reduces Devices, Services Forecast; Shares Slump 13%

The unit's non-IFRS operating margin will fall short of the 6 percent to 9 percent range, it said. "They are forced to discount a lot," Lee Simpson, an analyst at Jefferies International Ltd. in London with a "sell" rating on the share ... (Source: BusinessWeek 2011-05-31T12:55:21Z)

Mother-in-law lonely now after critical past

Then recognize that your colleagues might not be condescending; they might be trying to be helpful. Accept the suggestions they offer without becoming defensive. The more of themselves these "mentors" invest in you, the happier they'll be about your successes. (Source: Detroit News 2011-05-31T13:09:40Z)

Police Taser NC sausage theft suspect

The Gaston Gazette reported that police arrested 19-year-old Anthony Terell Livous and charged him with taking some food from a discount store and then trying to steal sausage packets, biscuits and lemonade from a grocery store. Police say they used the ... (Source: Asheville Citizen-Times 2011-05-31T13:23:59Z)

Winnipeg's True North expected to buy NHL's Thrashers

A sale agreement would still need approval by the NHL's Board of Governors. It's also believed that True North will make the sale conditional on a successful season-ticket drive. Winnipeg was home for 17 NHL seasons to the Jets, who moved to Phoenix ... (Source: Reuters 2011-05-31T13:09:40Z)

NJ man rediscovers rare Marilyn Monroe photos he bought

Anton Fury tells the New York Post bought an envelope of negatives for $2 at a garage sale in Parsippany and realized he had pictures of Monroe and Jayne Mansfield. But Fury didn't do anything with the images. The adult-entertainment photographer ... (Source: Morris County Daily Record 2011-05-31T12:55:21Z)

Nokia Cuts Quarterly, Annual Outlooks for Devices, Services; Shares Slump

The unit's non-IFRS operating margin will fall short of the 6 percent to 9 percent range, it said. "They are forced to discount a lot," Lee Simpson , an analyst at Jefferies International Ltd. in London with a "sell" rating on the share ... (Source: Bloomberg 2011-05-31T12:48:11Z)

UPDATE: Nokia Warns Of Weaker Smartphone Sales, Profit

At 1233 GMT, shares in Nokia were 12.3% lower at EUR5.06. Nokia said in a statement that it is increasing its marketing at the point of sale, and is "continuing to invest to bring new innovative capabilities to its Symbian line up," as it seeks to address ... (Source: NASDAQ 2011-05-31T13:23:59Z)

IBM Expands Smarter Commerce Initiative for Business Partners to Seize New Market Opportunity

With today's news, IBM is making it easier and more cost effective to offer Smarter Commerce solutions. IBM's Smarter Commerce initiative delivers software and services to help companies transform their business processes to more quickly respond to ... (Source: Reuters 2011-05-31T12:55:21Z)

Stephen Silas' camp will blend dads, sons, hoops

After Stephen graduated from Brown, he worked for the NBA Retired Players Association until his father called with an offer for an entry-level scouting position with the old Charlotte Hornets (a team Paul also coached first on an interim and then on a ... (Source: Raleigh News & Observer 2011-05-31T12:48:11Z)

Palin bus tour leaves Washington — but for where?

in terms of relationships with them." Instead, Palin said she'll offer her own coverage: "I'll write about that at the end of the day." (Source: Detroit News 2011-05-31T13:02:30Z)

ConceptDraw PROJECT v6 by CS Odessa, Gains Ability to Work with Mindjet® MindManager® Map Files from Mac or PC

This new functionality broadens the audience for ConceptDraw PROJECT, providing MindManager users access to the powerful project management features that our tools offer." Founded in 1993, Computer Systems Odessa supplies cross-platform productivity ... (Source: Yahoo Finance 2011-05-31T12:48:11Z)

S&P: U.S. home price index falls to double-dip in March

The price index was below the low seen in April 2009 during the financial crisis. The glut of houses for sale, foreclosures, tight credit and weak demand have kept the housing market on the ropes even as other areas of the economy start to recover. (Source: Chicago Tribune 2011-05-31T13:16:49Z)

Word on Jets' return to Winnipeg set for Tuesday

WINNIPEG - A news conference is set for Tuesday morning in Winnipeg on the expected sale and relocation of the Atlanta Thrashers to Winnipeg. True North Sports and Entertainment, the company working to bring the NHL back to Winnipeg after 15 years ... (Source: Calgary Herald 2011-05-31T13:31:08Z)

Deals of the Hour / May 31, 2011, 4:44 am

Marilyn Monroe - Rare Marilyn Monroe And Jayne Mansfield Snaps Unearthed

Photographer Anton Fury paid just $2 (£1.24) for an envelope of negatives of "some chick in a bikini" at a garage sale near his home in New Jersey in 1980 and was shocked when he later examined them on a light-box and realised the woman was Monroe. (Source: Contactmusic.com 2011-05-31T11:00:49Z)

Palin's mysterious bus tour a no-show in Phila.

A spokesman for state Republicans declined to comment on Palin's trip. Reporters weren't the only interested parties kept in the dark. The National Park Service, which has jurisdiction over the Liberty Bell and Independence Hall, said it received no ... (Source: Courier-Post 2011-05-31T10:53:39Z)

NJ man rediscovers rare Monroe photos he bought

Quick Read NJ man rediscovers a trove of rare Marilyn Monroe photos he bought at garage sale in 1980 (AP) -- A New Jersey man could make some serious money from auctioning off some apparently rare photos of Marilyn Monroe that he's discovered twice. (Source: Newsday 2011-05-31T10:53:39Z)

Sarah Palin covertly visits D.C. sites

While Palin seems perfectly willing to talk to reporters who find her, she is simultaneously determined to keep them in the dark. After the Archives event, Palin told a reporter from the New York Times that she was headed for Mount Vernon — only to ... (Source: Washington Post 2011-05-30T23:26:28Z)

Ohio State's Jim Tressel resigns

There were also questions about his players and their friends and family members receiving special deals on more than 50 used cars from two Columbus dealers. But at the same time, his image was that of an honest, religious man who never said or did ... (Source: Nashville Tennessean 2011-05-31T11:15:08Z)

Travelport Names Gordon Wilson as President and CEO

With the completed sale of GTA to Kuoni Travel Ltd on May 5th, Travelport is now focused on its GDS business; the firm's most strategic and largest business. Over the last five years of Jeff's leadership, Travelport has been successfully repositioned as a ... (Source: TMCnet 2011-05-31T11:29:27Z)

SKorea's Ticket Monster acquires Malaysian site

Shin said that on an item discounted 50 percent, the company takes a commission of between 15 to 20 percent of the reduced sale price. Consumers pay the discounted prices by buying the tickets from Ticket Monster on its website and it pays the merchant ... (Source: Seattle Times 2011-05-31T11:22:17Z)

Tressel resigns at Ohio State

Tressel had learned that Pryor and wide receiver DeVier Posey were involved in the memorabilia deals when he received an email from lawyer Christopher Cicero, a former Ohio State walk-on and letterman in the 1980s, back in April 2010. It was not until Ohio ... (Source: Indianapolis Star 2011-05-31T11:00:49Z)

Stephen Fry - Stephen Fry And Miranda Hart Lend Voices To Talking Bench Scheme

Award-winning comedienne Hart adds, "The idea of being somebody's Bench Mate and chatting to them while they get to experience a beautiful view is a lovely, nay, tremendous idea." (Source: Contactmusic.com 2011-05-31T11:00:49Z)

Severe storms coming on Tuesday, summer-like conditions rest of the week

Highs are expected to soar close to 90 on Friday, under mostly sunny skies. 27 Storm Track meteorologist Evan Hutchinson said Saturday will be another beautiful day with mostly sunny skies and a high of 86. It'll be a little cooler on Sunday with a high ... (Source: madison 2011-05-31T10:53:39Z)

Why Staycation When You Can Spend Less By Choosing A Self Catering Algarve Villa Holiday?

This means there are lots of great deals to be had this year to entice holidaymakers back into the air and overseas for their annual getaway." Opting to stay in the UK and travel to a British resort for a week or two this summer also makes it difficult ... (Source: PRLog (free press release) 2011-05-31T10:53:39Z)

Pressure mounts on Blatter and scandal-hit FIFA

Since Blatter became president in 1998 the governing body has grown rich thanks to its ability to generate billions of dollars from television rights to major tournaments as well as sponsorship deals with major corporations. FRONT-PAGE HEADLINES As FIFA's ... (Source: Reuters 2011-05-31T11:07:58Z)

Former Ohio State coach still held in esteem

Other reports have surfaced of players receiving deals on cars. This week, Sports Illustrated is coming out with a cover story that may include further transgressions. Tressel had been suspended for five games this upcoming season while being fined $250,000. (Source: News-Press 2011-05-31T11:15:08Z)

Acclaimed guitarist set to perform June 9 in Bernards

Ronnie Musgrove. De Chiaro will have CD's available for purchase. The musician will donate $5 from the sale of each CD to the county Senior Center Activity Fund. The Somerset County Office on Aging & Disability Services operates seven senior centers that ... (Source: MyCentralJersey.com 2011-05-31T10:46:30Z)

NJ man rediscovers rare Marilyn Monroe photos he bought

Anton Fury tells the New York Post bought an envelope of negatives for $2 at a garage sale in Parsippany and realized he had pictures of Monroe and Jayne Mansfield. But Fury didn't do anything with the images. The adult-entertainment photographer ... (Source: Asbury Park Press 2011-05-31T11:15:08Z)

James Lawton: Blatter is football's Mr Big and now the gangbusters must bring his empire down

This is true to such an extent that you have to suspect if Fifa was in charge of some decrepit banana republic, rather than the world's most beautiful and popular game, some of its most outrageous figures might be found hanging from the nearest lamp posts. (Source: The Independent 2011-05-30T22:57:50Z)

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