12:20pm: The deal is not done and some issues need to be completed beyond physicals, tweets ESPN's Jerry Crasnick.
11:23am: The Giants appear to have bolstered their lineup today, acquiring right fielder Hunter Pence from the Phillies and countering the Dodgers' aggressive moves, tweets SI's Jon Heyman. At this moment Giants VP Bobby Evans tells Andrew Baggarly of CSNBayArea.com there is "no deal" and the team is "working through many options." Other reporters feel the trade is close, and Jim Bowden of ESPN and MLB Network Radio says an agreement has been reached on players and the deal is pending physicals. Two days ago, Dennis O'Donnell of KPIX was first to report that the Giants had a deal in place for Pence.