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Is DirecTV's use of Chris Farley distasteful? Will it help the stock?

Very interesting story/rant over on WalletPop.com about the latest in a line of DirecTV (NYSE: DTV) ads -- this one featuring Chris Farley. Jami Bernard, the rant's author, is upset that David Spade is using a famous clip from his and Farley's hit comedy Tommy Boy to advertise the satellite-television provider. Bernard argues that Farley would not have liked to be remembered for a minor fat joke.

How was that assumption exactly made? Farley made fun of his size. He made his money by being an oversized, clumsy, fish-out-of-water comedian, so how can we determine that a "minor fat joke" (which some may argue is the funniest part of a very funny movie) is how he would or would not like to be remembered?

Continue reading Is DirecTV's use of Chris Farley distasteful? Will it help the stock?

The Snuggie moves overseas: Is the Snuggie indicator next?

Living in Cincinnati, I became well-acquainted with a saying that is sometimes attributed to Mark Twain, "When the end of the world comes, I want to be in Cincinnati because it's always twenty years behind the time." The point is that I am used to being a bit behind on all of the goings on in the world -- Cincinnati is just a bit set in its ways. That said, there is something that even Cincinnati beat the Brits to -- the Snuggie. Apparently, America's latest craze has finally moved its way across the pond and is now ready to warm Brits looking to snuggle down with a nice cup of Earl Grey tea.

Continue reading The Snuggie moves overseas: Is the Snuggie indicator next?

JockStocks: A look at the Nike/Mike Vick saga

To Mike Vick or not to Mike Vick, that is the question, and the controversy that is surrounding athletic apparel giant Nike (NYSE: NKE).

Actually it isn't too much of a question, mainly because the company that once used Vick as a celebrity endorser dumped him and his products once he was arrested and charged with running a dog-fighting ring. Vick has spent his time in prison and has since been signed as a back-up quarterback for the Philadelphia Eagles.

Well, earlier this week Mike Principe (one of Vick's agents) announced that Vick had recently inked a deal with Nike. This announcement caused quite a bit of Internet backlash toward the Swoosh, but there were many that thought the deal was "bogus." (That quote is from a tweet by CNBC's Darren Rovell.)

Continue reading JockStocks: A look at the Nike/Mike Vick saga

Warren Buffet loses crazy money, keeps second rank on Forbes 400

So, you think you had a rough year? Check out what happened to Warren Buffett, who is ranked the second-richest man in America despite a drop of $10 billion in his personal wealth during the past year. The culprit for Buffet's loss is the 20% decline in Berkshire Hathaway (NYSE: BRK.A) stock during the past 12 months.

As noted, the Oracle of Omaha maintained his second-place ranking on the list of the richest Americans. The first-place finisher is Bill Gates, who the article notes is "Buffett's friend and bridge partner." What a game of bridge that must be (I am not familiar with the game, but if there is betting involved I don't want to be sitting at that table). Gates maintained his top spot although he lost $7 billion.

Continue reading Warren Buffet loses crazy money, keeps second rank on Forbes 400

JockStocks: The Palace in Dallas shows that owners are out of touch with the average fan

I didn't want to do it, I didn't want to cover the Dallas Cowboys' new stadium. Mainly because anyone that watches any of the sports channels or any of the NBC network has seen plenty of Jerry Jones and the Palace in Dallas (as some call it).

This $1.15 billion (yes, with a B) stadium is the definition of opulence, as it boasts a high-end steakhouse, tex-mex food, and something called a Cowboyrito. If you are thirsty, you can drop 12 bucks on a Patron margarita in the club lounge, or you could try a frozen Cowboyrita for 14 bucks (Cowboyrita? Seriously?).

I found it very interesting reading the Bloomberg article covering the stadium, especially when they estimated that it will cost $200 per person to go to a game. Yes, that is an average and it takes the high-end tickets into account, but I would be interested to see how much it costs for other teams. We the fans can't afford to go to these palaces and enjoy a game thanks to the ticket prices. I would love to see a game in Dallas Stadium, the new Yankee Stadium, or Citi Field in New York -- but I have a mortgage to pay.

Continue reading JockStocks: The Palace in Dallas shows that owners are out of touch with the average fan

A new hybrid sports car, an outlandish price tag ... and Al Gore

He discovered global warming; he created the Internet; and his wife shielded my young ears from curse words when I was growing up. Now Al Gore has decided it is time to single-handedly rescue the automotive world. Okay, not really, but Al Gore is a major backer of California-based Fisker Automotive, which has just secured a $529 million government loan to build a hybrid sports car in Finland.

Couple of problems here, but let's start with the idea of the car. I am so glad that Fisker is going to help the earth. I mean, who doesn't want to conserve fuel and reduce air pollution while cruising around in their four-door sports car? I mean, who doesn't have an extra $89,000 lying around to spend on transportation? Seriously, it is now at the point that only celebrities can afford a hybrid car that doesn't look like it was built of Lego.

Continue reading A new hybrid sports car, an outlandish price tag ... and Al Gore

JockStocks: Thoughts on The Ultimate Fighter 10

So, anyone catch the premier of The Ultimate Fighter 10: Heavyweights (TUF) on Wednesday? It appears that many people did, as it is one of the topics creating some buzz in the internet world thereafter. I saw some of the highlights, as I wasn't home when the show was on, and one word describes what I saw: brutal. Let me address that in a minute, I want to first address the big news of the night -- Kimbo is back.

Yes, Dana White (UFC president and promoter extraordinaire) finally convinced internet fighting sensation (and former EliteXC fighter) Kimbo Slice that he would have to work his way into the UFC by competing in TUF. After Wednesday's episode, it sure seems that Slice is going to have to work for his spot in UFC. White has not assembled the group of tomato cans that Kimbo was going to face in EliteXC before his loss and the company's demise. Kimbo is going to have to fight against experienced fighters who actually have ground games (gasp!).

Continue reading JockStocks: Thoughts on The Ultimate Fighter 10

'Buy American' hurting America?

We are all familiar with the "Buy American" clause that is part of the $787 billion stimulus package and is designed to help U.S. companies battle foreign competition. But is it really doing what it's supposed to? This Wall Street Journal article takes a look at an American company that is losing a good deal of its business to foreign competition -- thanks to the Buy American provisions.

Apparently, there is growing resentment toward America for the Buy American provisions that has lead to a Buy Canadian campaign. In fact, one town in Canada (Halton Hills) is cited as one of roughly a dozen Canadian communities that are trying to freeze out American companies. The town's mayor stated, "We won't be taking any products from any country that is discriminating against us."

Continue reading 'Buy American' hurting America?

Chrysler releases five-year plan

On Wednesday, Chrysler CEO Sergio Marchionne announced that he has designed a five-year plan for the automaker (Wall Street Journal, subscription required). Marchionne believes the restructuring will be slow initially, but should improve "significantly" next year.

We should receive the plan by the end of November, and Chrysler will start reporting its quarterly results by the end of the year. Marchionne stated, "We are going to become a normal reporter in the U.S. hopefully by the end of 2009. ... You will see numbers like you see for everyone else." One can only assume that this is one of the "whole pile of surprises" Marchionne promised back in June when Fiat took over Chrysler.

Continue reading Chrysler releases five-year plan

JockStocks: Is the NFL lifting its blackout rule? Not quite

So, a week ago, I decided to tackle the NFL's blackout policy, basically arguing that the current economic situation warrants the lifting of this archaic rule. That said, the topic has been in the collective conscience this week, what with the NFL kicking off on Thursday.

What is interesting is that several teams (including the Arizona Cardinals, Tampa Bay Buccaneers, and my Cincinnati Bengals) have been granted a 24-hour extension to get these games sold out. Typically, a team needs to be a couple of thousand tickets away from a sell out in order to get such an extension. I wonder first if this extension may have been made to placate the teams more than to allow the fans another day to get the games sold out.

Continue reading JockStocks: Is the NFL lifting its blackout rule? Not quite

Collectible Investments: U.S. patent medicine tax stamps

Can investing and collecting go hand-in-hand? Yes -- especially if you are collecting coins, stock certificates, bank notes, or other rare items of value. Larry Schutts, an expert in investment-related collectibles, will periodically review items of interest from his collection and answer your questions here.

In the summer of 1862, the rising costs of the Civil War prompted the U.S. Congress to enact a broad new tax program. The Revenue Act of 1862 created the office of the Commissioner of Internal Revenue and introduced Americans to their first progressive rate income tax. The Act also required that taxes be paid on documented business transactions and on the sale of certain proprietary retail goods. In order to prove payment, citizens and businesses bought government-issued revenue stamps and applied them to their documents and merchandise. On the documentary side, the inconvenience of dealing with stamps led many to order such paper goods as checks and stock certificates with government-approved stamp designs already printed on them. Retailers, on the other hand, quickly saw the advertising possibilities and were ultimately granted permission to obtain stamps bearing their own private labels.

Continue reading Collectible Investments: U.S. patent medicine tax stamps

JockStocks: Could sports ticket options be the next big investment?

It appears that the options market is now making its way into sports, thanks to a company called OptionIt. As we head into the National Hockey League (NHL) season, San Jose Sharks fans can reserve an option to buy postseason tickets.

The Sharks will serve as one of the company's key test markets, along with the Buffalo Bills, Baltimore Ravens, and St. Louis Rams (at least it appears this way according to the company's website) and it hopes to have 10 teams in the fold by the end of the year. With San Jose (a perennial preseason playoff favorite) as a test market, I envision success for OptionIt.

Continue reading JockStocks: Could sports ticket options be the next big investment?

JockStocks: Should the NFL lift its blackout rule?

Living in Cincinnati, I have become well acquainted with the National Football League's (NFL) "blackout rule." This rule states that if a game is not sold out by the Thursday before a home game (actually, 72 hours before a game for Monday and Saturday games), the game will not be shown on local television. I don't think the policy is necessarily fair, but I understand the thinking behind the rule --- why show a game on local television if the home team can not sell out the stadium? However, I think there are some extenuating circumstances this year that Commissioner Roger Goodell needs to consider.

First things first. At a meeting on Thursday with NFL writers, Goodell said as much as 20% of the NFL's games could be blacked out this season. Goodell noted that as few as 80% of this season's games will be carried in the home team's market --- a far cry from the 95% of the games that have been carried in the local markets in the past four years. In fact, last year just nine of the 256 regular season NFL games were blacked out for the home team.

Continue reading JockStocks: Should the NFL lift its blackout rule?

Home-haircut indicator: In the footsteps of the underwear indicator

So, who out there cuts their own hair? I do, mainly because it is fading fast and it is a lot easier to have my wife take the clippers and then razor to my head rather than paying to go get my hair cut professionally. Now that I have started to outgrow my hair (a fact of life that many men have to accept), I have realized that it is both more convenient and cheaper to have my wife cut my hair.

This practice used to be a tradition, with fathers taking pictures while cutting their young boys' hair -- but it now turns out that home hair cutters are thriving during the recent economic downturn, at least according to a Wall Street Journal article (subscription required).

Continue reading Home-haircut indicator: In the footsteps of the underwear indicator

JockStocks: James Blake's new clothing line isn't about him

We've got the U.S. Open in New York right around the corner -- that's tennis folks -- and one of America's most recognizable stars, James Blake, has announced a collaboration with Fila to develop co-branded apparel. The agreement is being called a "co-branded collaboration" that is "inspired by the ATP world Tour tennis star's life and interests."

The collaboration between the two started back in January, when Blake and privately owned Fila began developing co-branded footwear, apparel, and accessories. The trademark was developed by Blake, and he settled on Thomas Reynolds as the line's name. Thomas Reynolds is the first and middle name of James' father, who Blake notes he was blessed to grow up with because his father taught him values that have been "the key to his success both on and off court." Blake's father passed away in 2004, succumbing to cancer.

Continue reading JockStocks: James Blake's new clothing line isn't about him

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DJIA+30.239,802.14
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S&P 500+1.091,046.50

Last updated: November 05, 2009: 04:38 AM

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