8:31pm: There's some juice to the trade talks and a deal "could happen," Heyman tweets. The Giants remain determined to acquire a hitter.
2:43pm: There is no Pence deal in place or close between the Giants and Phillies, writes Henry Schulman of the San Francisco Chronicle.
12:09pm: The Giants are talking to the Phillies about Pence, confirms Jon Heyman of CBS Sports. However, ESPN's Jayson Stark says the Giants "appear to have too many payroll issues and too few chips to make that deal work right now." Stark mentions the Justin Morneau idea for San Francisco, which Heyman alluded to earlier today. Morneau, however, will make more money than Pence through next year.
10:36am: "It would be a shocker" if the Giants don't acquire an outfielder before the trade deadline, writes ESPN's Buster Olney. Jon Heyman of CBS Sports agrees that the Giants are seeking an outfielder. The Giants have been linked to the Phillies' Hunter Pence and Shane Victorino, but it appears no deal is in place currently.