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 / June 7, 2011, 10:44 pm

Employers nationwide offer fewer job openings

WASHINGTON — Businesses advertised fewer jobs in April than the previous month, a sign that hiring could slow further in the coming months. Employers posted 3 million job openings, down from 3.1 million from March, the Labor Department said Tuesday. Job ... (Source: New Haven Register 2011-06-08T05:22:03Z)

NBC Bids Billions And Retains Olympic TV Franchise

"To go any further would not have made good business sense for us," the ESPN statement said. "We put our best foot forward with a compelling offer that included the enthusiastic participation of all of The Walt Disney Company's considerable assets." (Source: NPR News 2011-06-08T04:53:25Z)

Consumers charged less, borrowed more

The percent of "underwater" or negative equity mortgages declined to 22.7 percent in the first three months of 2011, said CoreLogic, a Santa Ana, Calif., financial data company. A mortgage can go "upside down" because of a decrease in the value of a home ... (Source: Detroit News 2011-06-08T05:00:34Z)

Testosterone boosts memory in older women

"These results offer a potential therapy, where none currently exists, to slow cognitive decline in women." The findings were presented at The Endocrine Society's 93rd annual meeting in Boston. (Source: United Press International 2011-06-08T04:39:06Z)

Time running out to ID E. coli culprit, experts say

Ciolos then promised to come up with a higher offer within days to compensate farmers through June, but did not name a specific figure. (Source: Detroit News 2011-06-08T05:00:34Z)

UNC Investigation nearly complete

The NCAA is looking into all aspects of Ohio State's once-glittering program, from cash and tattoos to players, cars deals for athletes and other potential violations. Pryor's announcement comes just eight days after Buckeyes coach Jim Tressel was ... (Source: Salisbury Post 2011-06-08T05:00:34Z)

The Animal Welfare Institute Challenges California Schools to Stop Dissections

The offer is open to all North American schools. "I suspended the practice for two main reasons: 1) given our student population (special education), using sharp knives and pins was too dangerous; and 2) our students raised personal concerns about hurting ... (Source: TMCnet 2011-06-08T04:31:56Z)

Pryor won't return to Ohio State

The Cleveland Plain Dealer first reported Pryor's announcement. The NCAA is looking into all aspects of Ohio State's once-glittering program, from cash and tattoos to players, cars deals for athletes and other potential violations. Pryor's announcement ... (Source: Wichita Eagle 2011-06-08T05:07:44Z)

Teixeira day-to-day after scary incident

He was in a lot of pain and that was scary." If Teixeira can't go, Nick Swisher or Jorge Posada would be at first base, though Posada might not even be with the team as his son is undergoing surgery Wednesday afternoon. Regardless, the fact that Teixeira ... (Source: New York Daily News 2011-06-08T05:00:34Z)

Teixeira is hit by pitch, gives Yanks scare in loss

And that's what I'm going to do." Ortiz dismissed any ill-intent on the flip. "That's Papi style," he said. Nick Swisher had a two-run double in the fifth. NOTES: RHP Phil Hughes (shoulder inflammation) threw off a mound at the Yankees' complex in Tampa ... (Source: Post-Star 2011-06-08T05:07:44Z)

Temporary truce in Quasar Aerospace fight

Company founder Dean Bradley made announcements in 2009 of pending acquisitions to grow the company, but the deals never materialized. Bradley resigned as CEO in September 2010 and was replaced by DiGenova, with Bradley's shares of the company put into a ... (Source: Florida Times-Union 2011-06-08T05:00:34Z)

NBC retains Olympics TV rights through 2020

"To go any further would not have made good business sense for us," ESPN said in a statement. "We put our best foot forward with a compelling offer that included the enthusiastic participation of all of The Walt Disney Co.'s considerable assets. (Source: Times-Leader 2011-06-08T05:22:03Z)

UCONN MEN'S BASKETBALL: DeAndre Daniels commits to UConn

"DeAndre has taken full advantage of everything that IMG has to offer and has continued to develop on the court, in the classroom and in the weight room," said Borman. "He is an extremely talented young man, but what sets him apart from other ... (Source: New Haven Register 2011-06-08T05:14:53Z)

Deals of the Hour / June 7, 2011, 8:43 pm

Prada aims to raise $2.6b in IPO

HONG KONG — The Italian fashion house Prada SpA plans to raise up to $2.6 billion in a listing on Hong Kong's stock exchange, a person familiar with the deal said, joining other foreign companies flocking to cash in on China's rising fortunes. (Source: Boston Globe 2011-06-08T03:13:12Z)

Texas A&M beats Arizona to reach super regional

Nick Fleece pitched the eighth for the win and Ross Stripling closed for a save. Tyler Naquin doubled with two outs in the Aggies eighth off Kurt Heyer and scored on Bratsen's single. Jacob House hit a two-run double later in the inning. (Source: AP - NBC Sports 2011-06-07T20:18:01Z)

Nintendo preparing launch of new Wii U game console

Many details about the Wii U remain undisclosed. Nintendo didn't say how much the console will cost, when exactly it will go on sale or what its technical specifications, such as its processor, will be. could appeal to core gamers: the ability to play ... (Source: Silicon Valley 2011-06-08T03:20:21Z)

City council scrutinizes financial risks of Formula One endorsement

"We've never done a deal this big," said Council Member Sheryl Cole. "So we've got to nail it." "What we're looking to do is try to look at all sides of this such that the city is covered in all situations," added Sue Edwards, an assistant city manager who ... (Source: Austin American-Statesman 2011-06-08T03:34:40Z)

Fewer homeowners are underwater on mortgages

Those price declines are being offset by a pickup in foreclosure sales, which take underwater homes off the market, said Sam Khater, an economist with research firm CoreLogic of Santa Ana, which released the data Tuesday. "We are treading water," Khater said. (Source: Los Angeles Times 2011-06-08T03:06:02Z)

C Sivasankaran in also engaged in legal battle with Maxis in Singapore

The arbitration proceedings between Maxis and Siva, as the entrepreneur is popularly known, relate to a payment that Maxis had to make to Siva under a deal struck between the two in 2006 that led to the sale of Aircel. Siva did not disclose the existence ... (Source: Economic Times 2011-06-08T03:06:02Z)

J.J. Abrams teams with his childhood hero, Steven Spielberg

But that's just what happened, and the fragile reels soon arrived at the Santa Monica home of Reeves (who ... In 2006, when Abrams inked a $55 million production deal with Paramount Pictures and Warner Bros. Television, Paramount chairman Brad Grey ... (Source: Kansas City Star 2011-06-08T03:13:12Z)

Blue Shield of California to cut many premiums 2.5% this year

"It's just strange for a nonprofit to have both incredibly large reserves and apparently substantial profit," said Doug Heller, executive director of Santa Monica-based Consumer Watchdog. "This is a hugely bloated company that would make many for-profit ... (Source: Los Angeles Times 2011-06-08T03:34:40Z)

Big video game announcements at E3 -- the 2011 Electronic Entertainment Expo in Los Angeles

Kaz Hirai, no stranger to press conference flubs in the past, may have redeemed himself with the news we were all waiting for: The wi-fi model of the Vita will go on sale this holiday season for $249 in the U.S., with a 3G/wi-fi model selling for $299. (Source: ABC Action News 2011-06-08T02:58:53Z)

Messer to run for New Albany mayor as independent

Messer said Tuesday night, "I'm going to have to deal with this issue and I'll answer it at the proper time." He said he has until July 15 to file 200 signatures to validate his campaign for mayor. Messer said he would soon schedule an official ... (Source: Courier-Journal 2011-06-08T03:20:21Z)

The Misery of Those With Second Mortgages

Homeowners seeking a "short sale," in which they sell their property for less than the value of the outstanding mortgage, have a much harder time doing so when they have a second loan, because all the lenders involved must agree to take losses on the sale ... (Source: Smart Money 2011-06-07T20:10:51Z)

Blue Shield of California pays back $180 million

The insurer also promised that the initiative isn't a one-time deal. If at the end of any year, the company winds up with net income above that 2% cap -- either because of lower-than-expected medical costs or higher investment income -- it will return the ... (Source: CNN Money 2011-06-07T20:25:10Z)

Temple-Inland Poison Harmless as Merger Can Rise 28%: Real M&A

That's the most expensive for a packaging acquisition greater than $100 million since 2007. Based on next year's higher projected Ebitda, the deal is at a discount to the industry median of 8.2 times, signaling Temple- Inland may command a 28 percent ... (Source: Bloomberg 2011-06-08T03:20:21Z)

NCAA Regionals: Around the nation, June 7

Relievers Nick Fleece, who picked up the win to improve to 7-1, and Ross Stripling tacked on two scoreless innings. Stripling earned his fourth save of the season with a perfect ninth inning. • Quote to note: "Arizona gave us everything we could handle ... (Source: Omaha World-Herald 2011-06-08T03:13:12Z)

Deals of the Hour / June 7, 2011, 6:42 pm

RPT-WRAPUP 2-Race quickens for Asia's fast-growing LNG market

Top natural gas producer Gazprom signed deals last week with Indian firms to supply a total of 7.5 million tpy of LNG. Top LNG importer Japan is buying more after the devastating March earthquake and tsunami shut down a chunk several nuclear reactors. (Source: Reuters 2011-06-08T01:25:49Z)

Wall Street Bets on Reinsurance After Record Japan Earthquake

Validus Holdings Ltd. and RenaissanceRe Holdings Ltd. each announced deals this month to raise capital from investors. The funding agreements, known as sidecars, have a limited life span and give investors the opportunity to bet on reinsurance risks in ... (Source: BusinessWeek 2011-06-08T01:11:30Z)

New video showcases Harry Potter's compelling decade of magic

The film stars Daniel Radcliffe, Rupert Grint, Emma Watson, Helena Bonham Carter, Robbie Coltrane, Warwick Davis, Tom Felton, Ralph Fiennes, Alan Rickman, Michael Gambon, Bonnie Wright, Kelly Macdonald, Jason Isaacs, David Thewlis and Julie Walters. (Source: Monsters and Critics 2011-06-08T00:57:11Z)

Hamm blames battling billionaires for 'Mad Men' delay

The fifth series was slated to start shooting earlier this year, but studio bosses at Lionsgate failed to agree a deal over the program with TV distributors ... the executives behind the concept take long to carve out deals. He tells the BBC, "It was ... (Source: KSN.com 2011-06-08T01:04:21Z)

A search for truth brings justice to WWII Japanese American internees

In 1941, Aiko Yoshinaga was 17, a senior at Los Angeles High School. She loved roller skating and swimming with her friends at Santa Monica Beach. She was looking forward to prom. Then Imperial Japan bombed Pearl Harbor , and the United States was thrust ... (Source: Los Angeles Times 2011-06-08T00:50:02Z)

Insurance Company For Paris Hilton's Brother Ordered To Pay Millions To Man He Hit While Drunk

A jury in Santa Monica on Tuesday ordered Barron Hilton 's auto insurance company to pay $4.6 million to the man he hit while driving intoxicated, RadarOnline.com is exclusively reporting. Paris Hilton 's younger brother was sued by Fernando Telez ... (Source: Radar Online.com 2011-06-08T00:57:11Z)

Agent: Liverpool holding Doni talks

Liverpool are negotiating a deal with Serie A giants Roma to sign Brazilian goalkeeper Alexander Doni, according to the player's agent. Liverpool have been searching for an experienced keeper to provide competition for Pepe Reina and Doni's representative ... (Source: ESPN Soccernet 2011-06-08T00:35:43Z)

MGM names Roma Khanna head of television

However, she left a little over a month after Comcast Corp. closed on its deal to take control of NBCUniversal.  Before joining NBCUniversal, she was senior vice president of CHUM Television broadcasting in Canada. She began her career at Sony Music ... (Source: Los Angeles Times 2011-06-08T01:04:21Z)

Redevelopment plans for Herald site filed

A spokeswoman for the Herald could not be reached. Last month, the newspaper announced it was negotiating a deal to have the tabloid largely printed and distributed by The Boston Globe. The proposed redevelopment of the Herald's headquarters promises to ... (Source: Boston Globe 2011-06-08T00:57:11Z)

At Least One Good Thing Came Out Of The PSN Attack, An Uncharted Thing

And you can thank the folks who hacked the PlayStation Network for that. This is the deal: The developers at Uncharted studio Naughty Dog were making a game that would include a three-person co-op mode and a 10-person multiplayer mode that they're very ... (Source: Kotaku Australia 2011-06-08T00:50:02Z)

Deals of the Hour / June 7, 2011, 4:43 pm

On location: L.A. session musicians score one for "Judy Moody" film

The Santa Monica office of Dallas-based Reel FX worked on the film's animation sequences while end credits were handled by the Sherman Oaks-based nonprofit group Exceptional Minds, which employs autistic students. For the music, Schultz hired Gibbs to ... (Source: Los Angeles Times 2011-06-07T22:55:30Z)

Americans fed up with bad customer service

The margin of error was plus or minus 3 percentage points at a 95 percent confidence level. Wal-Mart Stores Inc's Walmart discount stores and Sam's Club members-only warehouse clubs were ranked by the magazine's subscribers among the worst in areas such as ... (Source: msnbc.com 2011-06-07T13:37:09Z)

Beware of 'pension deals' in sheep's clothing

The Pensions Regulator confirms that it deals with around 2.500 'recovery schemes' a year and has warned scheme trustees to be cautious about enhanced transfer values and cash inducements. (Source: Citywire.co.uk 2011-06-07T23:24:08Z)

SwoopThat Launches to Save Students up to 75% on Textbooks

They can't afford to spend hours bargain hunting for cheaper textbooks. Our goal is to increase price transparency for students through a time-efficient process -- showing them every available option for their books, including free digital textbooks ... (Source: msnbc.com 2011-06-07T13:15:41Z)

Happy anniversary: Bush tax cuts turn 10

And that decline is only hastened by the president's various deficit-cutting "deals" with Republicans. Of course, all this data was known before the decision to extend the tax cuts, including on the very top tax rates, at the end of 2010. Talking about ... (Source: Salon 2011-06-07T22:05:23Z)

Ex-SAC Capital Manager Likens Expert Networking to Match.com

Nvidia, Marvell He said Jiau, who at the time worked for Taiwan Semiconductor Manufacturing Co., had sources at Santa Clara, California-based Nvidia, which makes graphics chips, and at Marvell, a Santa Clara-based maker of chips for personal computers and ... (Source: BusinessWeek 2011-06-07T23:09:49Z)

Lil Wayne Being Sued Again for Tha Carter III

Young Money, Cash Money...David Kirkwood wants his money.The producer is the third to come forward claiming that he is owed for his production services on Lil Wayne 's Tha Carter III. According to allhiphop.com , a lawsuit was filed on Friday, June 3 ... (Source: BET 2011-06-07T22:48:20Z)

Buyout Firms Losing to Cash-Rich Corporate Competitors in Acquisition Hunt

"Corporates coming back coincides with a big overhang of unspent capital that buyout firms need to invest," said Richard Parsons , a director at Deloitte LLP in charge of advising buyout firms on deals in London . "Competition remains fierce for the ... (Source: Bloomberg 2011-06-07T23:09:49Z)

BNSF, UP railroads accused of price-fixing in lawsuit

OMAHA — Oxbow Mining filed a federal antitrust lawsuit Tuesday against Union Pacific and Burlington Northern Santa Fe, saying the railroads conspired to raise prices on customers like the Colorado coal mine that Oxbow runs. Oxbow said in the lawsuit that ... (Source: Lincoln Journal Star 2011-06-07T22:26:52Z)

Indiana Jones movie props up for auction

$1,500-$2,000); a 1976 pen and ink Peanuts daily by Schulz (est. $10,000-$15,000); a gouache celluloid from Walt Disney's The Silly Symphony – Santa's Workshop (1932), estimated at $2,000-$3,000; and a preliminary watercolour background study from Walt ... (Source: Monsters and Critics 2011-06-07T23:09:49Z)

Buyout Firms Beaten in Takeover Auctions by Cash-Rich Companies

'Competition Remains Fierce' "Corporates coming back coincides with a big overhang of unspent capital that buyout firms need to invest," said Richard Parsons, a director at Deloitte LLP in charge of advising buyout firms on deals in London. (Source: BusinessWeek 2011-06-07T23:16:58Z)

Railroads charged with price-fixing in lawsuit

OMAHA, Neb. — Oxbow Mining filed a federal antitrust lawsuit Tuesday against Union Pacific and Burlington Northern Santa Fe, saying the railroads conspired to raise prices on customers like the Colorado coal mine that Oxbow runs. Oxbow said in the ... (Source: Worcester Telegram & Gazette 2011-06-07T22:26:52Z)

Deals of the Hour / June 7, 2011, 12:45 pm

Euro Gains on Greek Debt Plan Optimism; U.S. Index Futures Rise

General Electric Co. and Capital One Financial Corp. may be active after people with direct knowledge of the matter said the two companies submitted bids of ING Groep NV's U.S. online bank last week in a sale that may raise about $9 billion. Temple ... (Source: BusinessWeek 2011-06-07T07:32:05Z)

HMV Secures Loan Deal With Lending Banks

LONDON—U.K. entertainment retailer HMV Group PLC Tuesday said it has secured a refinancing deal with its banks totaling £220 million ($320.43 million). The new two-year facility replaces an existing bank facility of £240 million (Source: Wall Street Journal 2011-06-07T10:16:43Z)

Jol appointed Fulham coach; Benfica deny Coentrao close to Real switch

Meanwhile, Portuguese club Benfica have issued a statement denying that Spanish giants Real Madrid have agreed a deal to sign Fabio Coentrao . The defender has a release clause of $44 million and Spanish media reported Tuesday that Coentrao would be ... (Source: CNN 2011-06-07T18:59:16Z)

Cottagers name Jol as new manager

The Dutchman succeeds Mark Hughes, who quit the Premier League club last week. Jol, who has an option to extedn the deal for a further year, will arrive at Fulham later this month in advance of the players return to training later. Jol said: "I am very ... (Source: ESPN Soccernet 2011-06-07T08:07:52Z)

Rana Was Playing on the Terrorist's Team: Prosecutor

They claim he named Rana in the plot because he wanted to make a deal with prosecutors and had to provide another arrest. Headley's cooperation means he avoids the death penalty and extradition to India, Pakistan and Denmark. "Mr. Headley is about the most ... (Source: NBC Chicago 2011-06-07T19:13:35Z)

NBC Wins Rights to Broadcast the Olympics Through 2020

According to the report, the IOC was looking for a deal in the range of the $2.2 billion that NBC paid for the rights to the 2010 and 2012 Olympics. NBC has broadcast every Summer Olympics since 1988 and every Winter Olympics since 2002. The new deal comes ... (Source: My Fox Boston 2011-06-07T19:35:04Z)

Stock index futures signal rebound

General Motors shares in Frankfurt fell 1.5 percent. General Electric and Capital One Financial have submitted bids for ING's U.S. online banking operations in a deal worth about $9 billion, Bloomberg reported. Shares in General Electric in Frankfurt ... (Source: Reuters 2011-06-07T07:53:33Z)

Indian premier regrets protest crackdown but had "no alternative"

Civil society activists rallied to support Ramdev, saying Indians were tired of corruption scandals in Singh's government, including a 39-billion-dollar telecommunications deal and allegations of kickbacks at the 2010 Delhi Commonwealth Games. Veteran ... (Source: Monsters and Critics 2011-06-07T07:32:05Z)

Abuse trial of accused ex-Del. pediatrician begins

Garland said that upon learning that the manufacturer that created the software was no longer in business, investigators resorted to trolling "less than reputable" online sites that deal in pirated software to help crack the code. The first witness to ... (Source: Salon 2011-06-07T19:13:35Z)

Trader May Have 267% Option Payday on Temple-Inland Hostile Bid

"Any time we see an unusually large directional trade that immediately precedes a deal you have to wonder what drove the customer to pull the trigger," said Henry Schwartz, president of Trade Alert LLC, a New York-based provider of options-market data and analytics. (Source: BusinessWeek 2011-06-07T19:20:45Z)

Martin Jol appointed new Fulham manager

The 55-year-old Dutchman has agreed to an initial two-year contract with the west London side, with the option for a further year's extension. Hughes resigned as Fulham manager last week after one season in charge. Since being ditched by Tottenham in 2007 ... (Source: FOXSports.com 2011-06-07T08:36:30Z)

Defense: Rana had no knowledge of Mumbai plot

They claim he named Rana in the plot because he wanted to make a deal with prosecutors and had to provide another arrest. Headley's cooperation means he avoids the death penalty and extradition to India, Pakistan and Denmark. "Mr. Headley is about the most ... (Source: Salon 2011-06-07T19:20:45Z)

HMV secures new financing from banks

That sale is subject to approval by shareholders at a general meeting on June 23. HMV says business has not improved since May when it reported that the entertainment market remained weak. The company plans to close about 60 stores this year. (Source: AP - msnbc.com 2011-06-07T07:24:55Z)

Why Microsoft's Down and LinkedIn's Up

last week. Few presenters even mentioned that tech, especially social-media companies, might be in a valuation bubble despite the $7.45 billion market capitalization for recently public LinkedIn ( LNKD ) and despite daily Web-deal sensation Groupon's hopes ... (Source: Smart Money 2011-06-07T19:13:35Z)

Deals of the Hour / June 7, 2011, 10:46 am

Police Fleets Gain 3 MPG with 2012 Chevrolet Impala

They are standard on the 2012 Impala Police. Retail customers who purchase the 2012 Impala, which goes on sale this month, also will get the additional horsepower and fuel economy. "The enhancements to the 2012 Impala's powertrain, steering and suspension ... (Source: The Auto Chanel 2011-06-07T17:04:45Z)

GE, Capital One bid for ING Direct USA: report

Proceeds from the sale would be used to repay the state. A spokesman for ING in Amsterdam declined to comment on whether GE and Capital One had submitted bids. "I can confirm that the process to prepare the sale of ING Direct USA is ongoing," Raymond ... (Source: msnbc.com 2011-06-07T06:41:58Z)

Euro Gains on Greek Debt Plan Optimism; U.S. Index Futures Rise

General Electric Co. and Capital One Financial Corp. may be active after people with direct knowledge of the matter said the two companies submitted bids of ING Groep NV's U.S. online bank last week in a sale that may raise about $9 billion. Temple ... (Source: BusinessWeek 2011-06-07T07:32:05Z)

HMV secures new financing from banks

That sale is subject to approval by shareholders at a general meeting on June 23. HMV says business has not improved since May when it reported that the entertainment market remained weak. The company plans to close about 60 stores this year. (Source: AP - msnbc.com 2011-06-07T07:24:55Z)

Barclays Sleepless in Sydney as India Firms Seek Coal Deals

Whitehaven Coal Ltd. last month ended talks for a potential sale, seven months after putting itself on the block, saying bids didn't reflect the value of its assets. "Acquirers are taking longer, going into more detail, and being more comprehensive on ... (Source: BusinessWeek 2011-06-07T06:41:58Z)

'We are taking a bigger canvas on PC manufacturing'

We want to keep pace with the available opportunities. What cloud computing-based services do you offer? We are offering infrastructure as a service (IaaS) over cloud along with software as a service (SaaS) where we can offer software services, disaster ... (Source: Hindustan Times 2011-06-07T16:57:35Z)

Dutch ING readying to sell US online bank

"We intend to repay the State through our own means, but the money we will make through the sale could contribute to reimburse the three billion euros we still owe the Dutch state," she said. ING accepted a 10-billion-euro cash injection from the Dutch ... (Source: France 24 2011-06-07T17:26:13Z)

Ning and Ustream Making Live Video More Social

"Ustream is excited to be working with Ning to offer Ustream broadcasters the ability to engage their audience directly from their Ning powered web sites," said Jeff Finkelstein, Director of Product Marketing and Strategy, Ustream. "Bringing Ustream's live ... (Source: Yahoo Finance 2011-06-07T17:11:54Z)

Moody's may cut BofA, Citi, Wells ratings

WFC - News ), citing concerns about waning U.S. political willingness to offer support for the largest banks. The sweeping Dodd-Frank financial reform law is eliminating the certainty of U.S. governmental support that some "too big to fail" banks needed to ... (Source: Yahoo Finance 2011-06-07T07:24:55Z)

Two for one: Orlando clinic offers free pap smear with every abortion

Hey Florida pro-choice ladies! Great news, an Orlando women's health clinic has a new offer that is sure to make your ovaries dance. The All Women's Health Center of Orlando is currently advertising a twofer that will enrage pro-lifers. The clinic is ... (Source: YAHOO! 2011-06-07T16:57:35Z)

snom 3xx series IP desktop phones validated by Interactive Intelligence for use with CIC

"With snom's completion of interoperability testing, these solutions now offer our joint customers additional support resources for even faster deployment and user satisfaction," commented Interactive Intelligence chief marketing officer, Joe Staples. (Source: TMCnet 2011-06-07T17:11:54Z)

Deals of the Hour / June 7, 2011, 8:44 am

Rite Aid: New Facebook Coupon Offer Now + New Sweeps

Here are some details from them: Here's a heads up on three distinct topics you may be interested in: 1. We continue to offer our weekly (at least!) Facebook coupons. Watch the "Celebrate Lipstick" tab today on Facebook.com/riteaid< http://www.facebook.com/riteaid? (Source: Everything Alabama Blog 2011-06-07T15:17:22Z)

Fitch Maintains Rating Watch Negative on Springleaf Finance

Therefore, barring an asset sale, additional funding facility or securitization, SPRING may have insufficient flexibility to address debt maturing in 2012. SPRING was incorporated in Indiana in 1927 as successor to a business started in 1920. From Aug. 29 ... (Source: StreetInsider.com 2011-06-07T15:10:13Z)

BP to Restart Talks on TNK-BP Stake Sale: Report

BP is to restart stalled talks with Russian state oil company Rosneft to sell part of its stake in TNK-BP, the Wall Street Journal reported citing people familiar with the situation. BP did not deny or confirm the resumption of talks , according to the ... (Source: CNBC 2011-06-07T07:03:27Z)

BP denies plan to sell Russian venture to Rosneft

The newspaper added that the billionaire shareholders would shortly receive a formal letter outlining the sale plan. In Moscow, Rosneft spokesman Rustam Kazharov said he would not be drawn on the "unconfirmed rumours," while TNK-BP spokesman Mikhail ... (Source: YAHOO! 2011-06-07T15:10:13Z)

Euro Gains on Greek Debt Plan Optimism; U.S. Index Futures Rise

General Electric Co. and Capital One Financial Corp. may be active after people with direct knowledge of the matter said the two companies submitted bids of ING Groep NV's U.S. online bank last week in a sale that may raise about $9 billion. Temple ... (Source: BusinessWeek 2011-06-07T07:32:05Z)

Lil Wayne's tour coming to Verizon Wireless Music Center

Tickets on sale at 10 a.m. June 11. Lil Wayne has sold more than 10 million records, and his 2008 release Tha Carter III sold more than one million copies in its first week. Tickets are $29.75-$89.75 and available at LiveNation.com, Verizon Wireless Music ... (Source: Star-Press 2011-06-07T15:17:22Z)

Motorola Mobility to Discuss How Convergence Impacts Mobility, Media and Digital Home Management at CONNECTIONS™

20 p.m. The international research firm will host CONNECTIONS™ on June 28-30 at the Santa Clara Convention Center. In his Keynote "Converged Experiences," Mr. Grubb will discuss the impact of the Internet and mobile networks on consumer expectations for ... (Source: StreetInsider.com 2011-06-07T15:10:13Z)

Lower growth, shakeout await India's lenders to poor

Under a rule that took effect in May, the Reserve Bank of India (RBI) will only grant priority-sector credit for microlenders that cap rates at 26 percent -- a rate that some operators say they cannot profitably offer. Shares in SKS, which reported a loss ... (Source: msnbc.com 2011-06-07T15:03:03Z)

Angels willing to shoulder a risk with drafting of first baseman C.J. Cron in first round

The 17th pick in last year's draft, high school outfielder Josh Sale , signed with Tampa Bay for $1.62 million. Cron, the son of former Angels first baseman/outfielder Chris Cron , was among the best pure power hitters in the draft after leading the nation ... (Source: KTLA.com 2011-06-07T15:10:13Z)

Five Reasons Weiner Might Survive — and Five He Might Not

His style of politics is to attack, without mercy, and those who have been on the receiving end in the past are unlikely to offer him mercy now. Recall his rant on the House floor last summer, when he screamed that opponents of a special 9/11 fund were "cowardly." (Source: New York Times Blogs 2011-06-07T15:24:32Z)

Barclays Sleepless in Sydney as India Firms Seek Coal Deals

Whitehaven Coal Ltd. last month ended talks for a potential sale, seven months after putting itself on the block, saying bids didn't reflect the value of its assets. "Acquirers are taking longer, going into more detail, and being more comprehensive on ... (Source: BusinessWeek 2011-06-07T06:41:58Z)

Deals of the Hour / June 7, 2011, 6:45 am

DuPont Chair & CEO: Delivering Innovative Solutions and Long-term Growth

30-$.45 per share on a reported basis. "We believe DuPont is uniquely positioned to tackle big global challenges that offer the opportunity for significant top-line growth and value creation," said Kullman.  "The recent acquisition of Danisco is a perfect ... (Source: StreetInsider.com 2011-06-07T13:30:00Z)

Monta Ellis for Andre Iguodala: Is This a Win-Win Trade?

While it seems like the 76ers would be getting a good deal, as Ellis is one of the league's premier scorers, the Warriors actually benefit from the trade as well. Iguodala would help balance the Warriors backcourt on defense. At 6'6", he is better suited ... (Source: Bleacherreport.com 2011-06-07T13:08:31Z)

Most Americans irked by poor customer service, survey shows

The margin of error was plus or minus 3 percentage points at a 95 percent confidence level. Wal-Mart Stores Inc's Walmart discount stores and Sam's Club members-only warehouse clubs were ranked by the magazine's subscribers among the worst in areas such as ... (Source: msnbc.com 2011-06-07T13:22:50Z)

General Electric, Capital One bid for ING Direct USA, report says

AMSTERDAM ― General Electric Co. and Capital One Financial Corp. have submitted bids for ING's U.S. online banking operations in a deal worth about $9 billion, Bloomberg reported on Tuesday. ING may reach an agreement to sell ING Direct USA this month ... (Source: Smart Business Network 2011-06-07T13:22:50Z)

Athabasca Signs Land Use Agreement With Large Camp Provider at Poplar Creek

This release does not constitute an offer for sale of securities in the United States. Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or ... (Source: StreetInsider.com 2011-06-07T13:37:09Z)

Edwards Fights to Avoid Jail

Edwards rejected the offer from the Justice Department to plead guilty to three misdemeanors, it is reported, because he doesn't want to be separated from the two young children he has with his late wife, Elizabeth. The alleged violations are reported to ... (Source: E Canada Now 2011-06-07T13:08:31Z)

Human Centipede' sequel banned in U.K.; director Tom Six responds

According to the BBFC, it's the second film's new direction, making the idea of the centipede the object of a person's "depraved sexual fantasy," that makes it unacceptable for public viewing. The film's director has responded to the ruling. (Source: Washington Post 2011-06-07T13:37:09Z)

WRAPUP 1-EU must make tough decisions on Greek rescue -IMF

Details of the new deal to supersede the May, 2010 rescue have yet to be hammered out, but it assumes Greece's funding needs will be covered by a mix of new EU and IMF loans, budget deficit cuts including tax increases and state asset sales, and a ... (Source: Reuters 2011-06-07T13:15:41Z)

State Sen. Rob Cowles, Rep. Chad Weininger propose bill to allow TIFs across municipalities

Local government leaders on Monday praised proposed state legislation they say would offer them a tool to encourage business development across municipal boundaries. State Sen. Rob Cowles, R-Allouez, and state Rep. Chad Weininger, R-Green Bay, co-authored ... (Source: Green Bay Press-Gazette 2011-06-07T13:08:31Z)

GE, Capital One Said to Vie for ING Online Bank

GE made an all-cash bid, while the offer from McLean, Virginia- based Capital One includes ... mortgage assets and is in talks with partners who would buy them as part of a deal, the people said. Buyers could include investment banks that trade mortgages ... (Source: Bloomberg 2011-06-07T13:22:50Z)

John Edwards emails acknowledge payments, sources say

Edwards, a single father since his estranged wife's death in December, was interested in reaching a deal but refused to accept anything that would take him away from his children, according to a person close to the talks. By definition, a misdemeanor could ... (Source: AZCentral.com 2011-06-07T13:15:41Z)

Jamie Campbell Bower & Lily Collins Cast in Mortal Instruments

Jamie Campbell Bower and Lily Collins will play the lead roles in the film adaptation of Cassandra Clare's urban fantasy novel, Mortal Instruments . Clare defended both these casting decisions in an interview with Hollywood Crush . Clare explained ... (Source: Mediabistro.com 2011-06-07T13:30:00Z)

Deals of the Hour / June 7, 2011, 4:49 am

Pawlenty's Economy: A Familiar "Better Deal."

Mitt Romney—on economic issues that dominate voters' minds. Offering a "Better Deal," a construction in the economic messaging tradition of Democrats beginning with Franklin Roosevelt's New Deal, Pawlenty will promise a target of 5 percent yearly ... (Source: NationalJournal.com 2011-06-07T11:28:18Z)

IMF says EU faces tough decisions on Greece

European countries must decide how to plug potential funding gaps for Greece next year before the International Monetary Fund can release the next batch of loans, an envoy from the Fund said Tuesday, as the struggling country's prime minister convened ... (Source: Arizona Daily Sun 2011-06-07T11:06:50Z)

IMF Open To Extending Terms On Official Greek Loans

The IMF is open to delaying Greece's repayment of its international bailout deal but a major restructuring of its debt would create untold problems in the euro zone, an IMF official said on Tuesday. A senior Greek official also said that the government ... (Source: Post Chronicle 2011-06-07T11:35:28Z)

BP considered sales to save Rosneft deal

LONDON, June 7 (UPI) -- BP explored releasing some shares in joint venture TNK-BP to save a potential deal with Russian oil company Rosneft, sources said. BP in May said it remains committed to working with TNK-BP and Rosneft in Russia, despite the ... (Source: United Press International 2011-06-07T11:28:18Z)

Pawlenty proposes three-tier income tax system

And in Iowa he promised to phase out subsidies to corn-based ethanol, a deal breaker for many in a state that relies on those federal dollars for a way of life. He pitched himself as a truth teller but was unwilling to offer specifics. Instead, he promised ... (Source: Worcester Telegram & Gazette 2011-06-07T11:28:18Z)

Agent: Liverpool holding Doni talks

Liverpool are negotiating a deal with Serie A giants Roma to sign Brazilian goalkeeper Alexander Doni, according to the player's agent. Liverpool have been searching for an experienced keeper to provide competition for Pepe Reina and Doni's representative ... (Source: ESPN Soccernet 2011-06-07T11:28:18Z)

Pawlenty to blast Obama on economy, 'class warfare'

The former Minnesota governor will outline what he's calling a "Better Deal" in a major economic speech in Chicago, Obama's adopted home. According to excerpts reported by Politico , The Washington Post and others, Pawlenty will propose: A "simpler ... (Source: USA Today 2011-06-07T11:21:09Z)

Reports: BP Looking To Sell Half Of Its 50% Stake In TNK-BP JV To Rosneft

The threatened move is seen as a negotiating tactic by BP in order to bring back AAR consortium to the discussion table to salvage BP's deal with Rosneft to explore for oil in the Russian Arctic. Alfa-Access-Renova or AAR consortium is a group of Russian ... (Source: RTT News 2011-06-07T03:07:13Z)

Airbus May Develop Longer-Range A350 to Rival 777

The U.S. company will watch Airbus's production schedule and the A350's ramp-up before deciding whether to improve the 777 or offer an all-new variant, Jim Albaugh , its commercial airplanes chief, said today. "We'll respond in kind," Albaugh ... (Source: Bloomberg 2011-06-07T11:21:09Z)

Black Unemployment Crisis: Loss Of Government Jobs Hurts African Americans Hardest

The cash-strapped county would first offer buyouts. If that didn't close the gap, layoffs would follow. Marshall absorbed this news and realized that she might wind up on the layoff list. "There are still office politics when you work for the government ... (Source: Huffingtonpost.com 2011-06-07T11:21:09Z)

Lagarde seeks to charm India in IMF bid

Chellaney said India was also watching China carefully. Much could hinge on whether China unites with other BRICS rather than doing its own deal with Europe and the United States. Some reports suggest China has agreed to back Lagarde in return for support ... (Source: YAHOO! 2011-06-07T11:13:59Z)

Christopher Hill: Lawrence Eagleburger, my ambassador

As a junior officer accompanying him to commercial events, I was often privy to his comments about some of his Washington interlocutors: "a mile wide and an inch deep," was how he described a very senior member of the Carter administration at the time. (Source: madison 2011-06-07T11:13:59Z)

Mark Jackson Hired As New Warriors Coach

He also interviewed in previous years for openings in Phoenix, New York and Chicago. He finally ended up getting the offer he wanted from the Warriors, who have made big changes in the front office and coaching staff under Lacob's new ownership. (Source: Huffingtonpost.com 2011-06-07T03:07:13Z)

Delving into Stem Cell Research and its Potential - new market research report

The report looks at the various types of stem cells which exist and the different benefits each of them offer. The much-talked about embryonic stem cell research and adult stem cell research is discussed in-depth in the report. A separate section covers ... (Source: Transworld News 2011-06-07T11:13:59Z)

Greece must deny to pay an odious debt

One year after the signing of the notorious bailout deal between the Greek government, the IMF and the EU, the fiscal situation is dissapointing. But even more than that, the living standards of the Greeks have been enormously affected by the unprecedented ... (Source: OpEdNews.com 2011-06-07T11:21:09Z)

Warriors hire Mark Jackson as head coach

Pacers officials said Jackson has not been among the candidates for their head coaching job. He finally ended up getting the offer he wanted from the Warriors, who have made big changes in the front office and coaching staff under Lacob's new ownership. (Source: Indianapolis Star 2011-06-07T11:35:28Z)

Warriors name Mark Jackson head coach

Golden State general manager Larry Riley said in a release that the club viewed Jackson as the best option after an extensive search and a "great deal of consideration." "He will bring a youthful and fresh approach to our team and the fact that he enjoyed ... (Source: Orlando Sentinel 2011-06-07T11:28:18Z)

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