BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[JockStocks: Kellogg's makes a Phelps-related donation]]>http://www.bloggingstocks.com/2009/03/13/jockstocks-kelloggs-makes-a-phelps-related-donation/http://www.bloggingstocks.com/2009/03/13/jockstocks-kelloggs-makes-a-phelps-related-donation/http://www.bloggingstocks.com/2009/03/13/jockstocks-kelloggs-makes-a-phelps-related-donation/#commentsFiled under:

A while back, I took a look at the fact that Kellogg's (NYSE: K) would not renew its sponsorship of Olympic swimmer Michael Phelps -- thanks to "Bonggate." I saw an article earlier this week, an article that was brought to my attention by my hero Darren Rovell over on his blog, that K's decision benefited the San Francisco Food Bank.

As long as someone needing food in the San Francisco area is not adverse to a picture of Michael Phelps (sans bong) on their Corn Flakes, they will find their bounty at the San Francisco Food Bank. According to this article, K donated nearly 2 tons of cereal to the food bank - reportedly from their Portland, Oregon distribution center. Rovell was told that the cereal firm is eligible for a tax deduction in the realm of $15,000 for the donation.

Gayle Keck, of the San Francisco Food Bank stated, "Though Kellogg's and their star spokesman hit a patch of rough water, San Francisco's hungry just got thrown a life preserver." While full of bad puns, the statement is accurate and piqued my interest in K's performance (which is why we are looking at a food firm in JockStocks).

Continue reading JockStocks: Kellogg's makes a Phelps-related donation

JockStocks: Kellogg's makes a Phelps-related donation originally appeared on BloggingStocks on Fri, 13 Mar 2009 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>donationinthenewsKkelloggsmichael phelpsMichaelPhelpstax savingsTaxSavingsFri, 13 Mar 2009 15:30:00 EST<![CDATA[Michael Phelps loses deal with Kellogg]]>http://www.bloggingstocks.com/2009/02/06/michael-phelps-loses-deal-with-kellogg/http://www.bloggingstocks.com/2009/02/06/michael-phelps-loses-deal-with-kellogg/http://www.bloggingstocks.com/2009/02/06/michael-phelps-loses-deal-with-kellogg/#commentsFiled under:

When the picture of Michael Phelps inhaling from a bong first began appearing on the internet, Mark Fightmaster wrote that "It appears that the sponsors are going to stand by their man, from Speedo to Parenting magazine."

Visa said that it had "spoken with Michael and he has expressed regret for the situation, has committed to being accountable and improving his judgment in the future [...] We intend to support him as he looks to move forward."

But there is a defector from Phelps' camp. Kellogg Co. (NYSE: K) has elected not to renew Phelps's contract that expires at the end of the month.

Continue reading Michael Phelps loses deal with Kellogg

Michael Phelps loses deal with Kellogg originally appeared on BloggingStocks on Fri, 06 Feb 2009 10:55:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>inthenewsKkelloggMarijuanaMichael PhelpsMichaelPhelpsFri, 06 Feb 2009 10:55:00 EST<![CDATA[Would Michael Phelps's compromising picture mean less sponsorships?]]>http://www.bloggingstocks.com/2009/02/03/would-michael-phelpss-compromising-picture-mean-less-sponsorshi/http://www.bloggingstocks.com/2009/02/03/would-michael-phelpss-compromising-picture-mean-less-sponsorshi/http://www.bloggingstocks.com/2009/02/03/would-michael-phelpss-compromising-picture-mean-less-sponsorshi/#commentsFiled under: , ,

Maybe you have heard, maybe you haven't. Olympic hero and NBC posterboy Michael Phelps got caught in flagrante delicto with a marijuana pipe at a party after the Olympic Games had completed. So, of course his sponsors are jumping ship left and right to distance themselves from this scofflaw, right? Wrong ... and somewhere, Cheech and Chong are smiling.

It appears that the sponsors are going to stand by their man, from Speedo to Parenting magazine. In fact, Visa (NYSE: V) came out Tuesday and stated that it supports Phelps despite his little misstep. According to Visa, the company has "spoken with Michael and he has expressed regret for the situation, has committed to being accountable and improving his judgment in the future ... We intend to support him as he looks to move forward."

Continue reading Would Michael Phelps's compromising picture mean less sponsorships?

Would Michael Phelps's compromising picture mean less sponsorships? originally appeared on BloggingStocks on Tue, 03 Feb 2009 19:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>kkelloggmichael phelpsMichaelPhelpsolympicsscandalsponsorsponsorshipvvisaTue, 03 Feb 2009 19:15:00 EST<![CDATA[Meltdown: Why you might not want to dump everything into gold]]>http://www.bloggingstocks.com/2008/09/19/meltdown-why-you-might-not-want-to-dump-everything-into-gold/http://www.bloggingstocks.com/2008/09/19/meltdown-why-you-might-not-want-to-dump-everything-into-gold/http://www.bloggingstocks.com/2008/09/19/meltdown-why-you-might-not-want-to-dump-everything-into-gold/#commentsFiled under: , , ,

Usually, my Bloggingstocks posts go under the general heading of "Going down in flames," and my basic beat is stocks that you absolutely DON'T want to invest in. That having been said, under the current circumstances, I've decided to cool down the rhetoric. After all, when commentators are yelling about a financial holocaust, armageddon, "blood on the trading floor," and so forth, it just doesn't seem like a good idea to fan the flames.

Although, in the interests of total disclosure, I should point out that my wife, who works down the street from the Stock Exchange, DID recently see the four horsemen of the apocalypse sipping coffee beverages in a Starbucks. Famine, ironically, was wolfing down coffee cake like Michael Phelps on weed.

At any rate, the last few days has witnessed people running for safe bets like oil, gold, and silver. This makes a lot of sense; when things get tough, people want to put their money into things that they can see and feel. Gold feels solid, as does silver, and oil isn't likely to drop anytime soon. Like people hoarding diamonds in times of turmoil, commodities just seem really secure.

Continue reading Meltdown: Why you might not want to dump everything into gold

Meltdown: Why you might not want to dump everything into gold originally appeared on BloggingStocks on Fri, 19 Sep 2008 15:41:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>citigroupfinancialsgoldmichael phelpsMichaelPhelpsoilsilverFri, 19 Sep 2008 15:41:00 EST<![CDATA[GE's $100 million Olympic Gold]]>http://www.bloggingstocks.com/2008/08/18/ges-100-million-olympic-gold/http://www.bloggingstocks.com/2008/08/18/ges-100-million-olympic-gold/http://www.bloggingstocks.com/2008/08/18/ges-100-million-olympic-gold/#commentsFiled under: , ,

The New York Times reports that General Electric Company's (NYSE: GE) NBC Universal invested $894 million to secure the broadcast rights for the Beijing Olympics and it expects to earn a $100 million profit. The Times also quotes CEO Jeff Immelt as saying that the benefits to GE are even greater -- including "$700 million worth of services it is providing for the Games and its long-term relationship with China, where it does more than $4 billion worth of business."

How did GE make a profit on its Olympics investment? The Times reports that it was lucky that no big protests or press censorship marred the games. And it negotiated with the International Olympic Committee (IOC) to schedule popular competitions -- such as swimming and gymnastics -- to coincide with prime time slots and to including much more Internet and on mobile device events streaming.

The Games have attracted enormous audiences. According to the Times, "the Games have drawn an average audience of about 30 million a night on NBC itself, millions more on NBC's cable channels, 30 million unique visitors to NBC's Olympics Web site, 6.3 million shared videos from the coverage streamed on the site."

Continue reading GE's $100 million Olympic Gold

GE's $100 million Olympic Gold originally appeared on BloggingStocks on Mon, 18 Aug 2008 08:38:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>featuredgeneral electricgeneral electric gegeneral electric glo...GeneralElectricGeneralElectricGeGeneralElectricGlo...jeff immeltJeffImmeltmichael phelpsmichael phelps wins olympicsMichaelPhelpsMichaelPhelpsWinsOlympicsnbcMon, 18 Aug 2008 08:38:00 EST