Ilyce Glink Show Notes – June 27, 2010
This Week’s News: Kellogg Cereal Recall, Mortgage Rates Fall, Existing Home Sales and New Home Sales Plummet
Kellogg Cereal Recall
On June 25, Kellogg issued a voluntary recall of select packages of Kellogg’s® Corn Pops®, Honey Smacks®, Froot Loops® and Apple Jacks® cereals. Consumers should not eat the recalled products because they do not meet quality standards.
Here’s the complete press release:
BATTLE CREEK, Mich., June 25 /PRNewswire-FirstCall/ — Working in consultation with the United States Food and Drug Administration (FDA), Kellogg Company (NYSE: K) is implementing a voluntary recall of certain breakfast cereals due to an uncharacteristic off-flavor and smell coming from the liner in the package.
Only products with the letters “KN” following the Better If Used Before Date are included in the recall. Products with a “KM” designation are NOT included in the recall. In addition, no products in Canada are affected.
Kellogg’s® Apple Jacks®
* UPC 3800039136 1: 17 ounce package with Better if Used Before Dates between APR 10 2011 and JUN 22 2011 * UPC 3800039132 3: 8.7 ounce packages with Better if Used Before Dates between JUN 03 2011 and JUN 22 2011
Kellogg’s® Corn Pops®
* UPC 3800039109 5: 12.5 ounce packages with Better if Used Before Dates between MAR 26 2011 and JUN 22 2011 * UPC 3800039111 8: 17.2 ounce packages with Better if Used Before Dates between MAR 26 2011 and JUN 22 2011 * UPC 3800039116 3: 9.2 ounce packages with Better if Used Before Dates between APR 05 2011 and JUN 22 2011
Kellogg’s® Froot Loops®
* UPC 3800039118 7: 12.2 ounce packages with Better if Used Before Dates between MAR 26 2011 and JUN 22 2011 * UPC 3800039120 0: 17 ounce packages with Better if Used Before Dates between MAR 26 2011 and JUN 22 2011 * UPC 3800039125 5: 8.7 ounce packages with Better if Used Before Dates between MAR 26 2011 and JUN 22 2011
Kellogg’s® Honey Smacks®
* UPC 3800039103 3: 15.3 ounce packages with Better if Used Before Dates between MAR 26 2011 and JUN 22 2011
While the potential for serious health problems is low, some consumers are sensitive to the uncharacteristic off-flavor and smell and should not eat the recalled products because of possible temporary symptoms, including nausea and diarrhea.
No other Kellogg’s products are part of this recall. The recalled products were distributed nationwide.
“We apologize to our consumers and our customers and are working diligently to ensure that the affected products are rapidly removed from the marketplace,” said David Mackay, president and chief executive officer, Kellogg Company.
Those with questions or who would like a replacement may contact the Kellogg Consumer Response Center at 888-801-4163 from 8 am to 8 pm Eastern time.
SOURCE Kellogg Company
Kellogg Product Recall FAQ
Mortgage Rates Fall, Hit New Record
Mortgage interest rates hit an all-time low of 4.69 percent for a 30-year fixed rate loan. But depending on where you live, you might have been able to get a 30-year rate for as little as 4.4, 4.3 or even 4.25 percent. Also, 15-year mortgage rates hit 4.0 percent and that got me thinking about whether I should refinance my brand new 4.25 percent 15-year fixed rate loan. Numbers are from the weekly Freddie Mac survey, BankRate, Zillow Mortgage Marketplace, and other sources.
HSH says mortgage interest rates haven’t been this low since 1956!
Existing Home Sales and New Home Sales Plummet
Existing home sales fell 2.2 percent in May, according to the National Association of Realtors. New home sales plummeted 33 percent, to an annualized pace of 300,000 units sold – the LOWEST ON RECORD. What does this say about the so-called recovery?
Home Buyer Closing Costs – How Much Will You Pay?
Bill called the show to figure out why his lender is charging him 10 months for his tax escrow. I told
Introducing the Equifax Personal Finance Blog
On the blog, you’ll find great information about the five pillars of personal finance:
Tax (written by Eva Rosenberg, an enrolled agent)
Insurance (written by Linda Rey, who is president of her family’s insurance company)
Retirement/Investing (written by Dan Solin, see above)
Credit (written by Equifax’s own credit experts)
Real Estate (written by yours truly)
The blog is a great resource of information and ideas on how to save money, better manage your credit and make smarter decisions with your money. Check it out, RSS it, bookmark the page, and follow all of us on Twitter.com/EquifaxPFB.
Here’s what we’re talking about on the Equifax Personal Finance Blog this week.
FREE BOOKS AND EBOOKS FOR SALE AT THINKGLINK.COM
If you haven’t checked out the ThinkGlink.com Store, go there and order your free copy of my book, 50 Simple Steps You Can Take to Disaster-Proof Your Finances.
You can order as many copies as you like of my 50 Simple Steps You Can Take to Disaster-Proof Your Finances or The REALLY Useful Guide To Working Smarter Not Harder.
Our PODCAST is up from our recent HOW TO INVEST YOUR MONEY IN 2010 event in Atlanta. Our attendees told us the content was amazing and they think everyone should hear this information. Order your podcast today!
Our **5-pack of EBOOKS on How To Invest Your Money is up and ready for you to buy. Check it out!
Don’t Forget to Pick Up Your Copy of My New Book, BUY CLOSE MOVE IN!.
Our next event will be on OCTOBER 2, 2010. Go to REALWORLDSEMINARS.COM for details as they are announced!
New Ebooks and podcasts are available at the ThinkGlink.com Store
Buy your ebooks and podcasts today. Don’t forget to get your FREE BOOK while you’re at it. *Buy 3 EBOOKS get 1 FREE. Use discount code: freeebook *
BUY, CLOSE, MOVE IN!
Click here to learn more about my latest book, Buy, Close, Move In! How To Navigate the New World of Real Estate – Safely and Profitably – and End Up With The Home of Your Dreams
SPECIAL OFFER FOR REAL ESTATE AGENTS AND BROKERS
If you buy 350 copies of my new book, Buy, Close, Move In!, I will come and do a free half-day training sessions for your agents or a book talk and signing for your clients. (Travel expenses to locations outside of Chicago or Atlanta are not included in this offer).
Giving away this book to your customers not only will be one of the best lead generation tools you can use, it tells your buyers you’re interested in educating them so they have an exceptional experience buying their next property.
I recently gave a very successful speech entitled “Reinventing Yourself” at a high-level conference full of Realtors and they felt it was full of Ah-Ha moments. Would your agents benefit from hearing this speech?
Hire Ilyce To Speak At Your Next Event!
Are you interested in having Ilyce Glink appear or speak at your next event? Want her to moderate a panel at a conference? Are you interested in having terrific, relevant content on your website or to give away to your customers and clients that will help differentiate you from your competitors?
Email me at firstname.lastname@example.org for details or email email@example.com.
Leave A Comment