On October 15th, 2012 the Barrington Patch posted an online article about Starbucks. The article brings up the issue that Starbucks product, including Honey Peanut Butter, and Protein Bistro Boxes, are being recalled from their stores in varies states around the United States. The recall, as the title states is because of a possibility of salmonella contaminating the food. The article quotes an article directly from the FDA that talks about the exact details of the recall and give background to what salmonella is and the risks that come with food having salmonella. Surely this has an effect on the market value of Starbucks as a whole because it will do two main things: reduce the net revenue that the store will gain as well as increase their expenses. Their net revenue will be down because while the products are off the shelves waiting to be restocked. Their expenses will increase because they now have to pay for a whole new shipment of the recalled products to all of the stores that were included in the article.
This is an assignment for one of my courses ad I just figured I would post it here. I may or may not continue doing more of these, but we will see if the future!
Article Title (link): Yum says equipped to navigate China’s “ups and downs”
On October 10th, 2012, Reuters online news source posted an article about Yum Brands, Inc. and their condition with the Chinese economic situation. This article talks about how Yum Brands, Inc., back in October, stated that they were still feeling confident that they would be able to deliver consistent sales and operating profits. This is a crucial factor to the operation of Yum Brands because China represents the biggest market for sales and profit for them. This relates to the stocks of the company because along with this confidence statement the company also “raised its full-year profit forecast due to better-than-expected third-quarter earnings that were driven by solid results from China and the United States.” October 10th also happened to be one of the days that I recorded the market value of YUM stocks and it was $70.99, roughly a 6% jump in price from the two days prior price of $66.94. Since this point in time the stock value has continually increased with limited to no decline in value. Even with the poor and slowing economic growth at the time in China, YUM Brands still is predicting a double-digit profit growth in the fourth quarter of their fiscal year. A stat that I found quite interesting and surprising was that the development plan for Yum Brands in China is to open, on average, two new restaurants per day. In the end, all of this seems to point to a continual increase in the stock value for Yum Brands, Inc.
Being in a college setting almost all the time I pick up on a lot of the “main stream” media that is going on in the world. One of those things that has recently hit was the song “Gangnam Style” by Psy. You probably have heard of the song before, if not here it is. (Gangnam Style) Here are my thoughts on the…song.
Initially I will admit that the rhythm and beat of the song isn’t bad. It is rather catchy and it does fit well into the American style of electronic style music. But in all honesty who knows what Psy is really even saying in his lyrics? I’m not calling him out and saying he doesn’t have good lyrics or that they don’t make sense. I’m just saying that to an American, mostly English-speaking audience here in America, we don’t know what he is saying because we don’t speak Korean. It is as simple as that. Yes we have translations of the song on the internet everywhere, but there is usually a lot of meaning in words that gets lost in translation. I’m still not totally sure how the song became SO popular. I would understand if the song had its few weeks of fame and then died out, but the popularity continues. It’s crazy!
One thing that I would love to find out is if the people who listen to the song all the time know what it is about and know the message. I have only heard the song a few times, as I’m not hooked, but I managed to also find this article explaining a little about the meaning behind the song. The article takes about comparing Gangnam, a neighborhood in Seoul, South Korea, to American areas such as Beverly Hills, which yeah is a high-class area, but is always surrounded by some sort of drama one way or another. I personally don’t think living in either of the areas would be that fun or enjoyable.
Well, anyways, these are just my thoughts. I don’t know everything about the song. I just did a little research about it once I heard it the other day and thought I’d put my ideas out there.