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VOTE: If not Chipotle, where would you eat?

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20 dividend stocks that Wall Street loves the most
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Republican primary: 3 things to watch
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These ‘Buffett stocks’ are bargains in this market

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What you can expect in Coca-Cola’s earnings

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What to look for from Disney: Star Wars, ESPN

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/quotes/zigman/629063/realtime 2,103 -35 1.66%
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/quotes/zigman/33772884/delayed 1,193 +36 3.07%
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/quotes/zigman/2260836/delayed 30.01 -0.88 2.85%
FTSE 100
/quotes/zigman/3173262/delayed 5,689 -159 2.71%
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/quotes/zigman/2380246/delayed 8,979 -307 3.30%
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/quotes/zigman/3173214/delayed 4,066 -134 3.20%
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/quotes/zigman/1709939/delayed 2,623 +65 2.53%
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/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.42%
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/quotes/zigman/16008150/realtime/sampled 115.61 -1.26 1.08%
Pound
/quotes/zigman/16008140/realtime/sampled 1.44 -0.01 0.46%
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/quotes/zigman/16008115/realtime/sampled 0.71 +0.00 0.30%
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/quotes/zigman/1652083/delayed 96.65 -0.39 0.40%
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/quotes/zigman/41508961/realtime 89.62 -0.19 0.21%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.74 -0.09 5.14%
German 10y
/quotes/zigman/15866409/realtime 0.22 -0.08 26.83%
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/quotes/zigman/15866497/realtime 1.70 +0.14 9.21%
Spain 10yr
/quotes/zigman/15866444/realtime 1.76 +0.11 6.81%
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Symbol Price Change % Change
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AAPL /quotes/zigman/68270/composite 94.86 0.84 0.89%
GOOG /quotes/zigman/59527964/composite 671.66 -11.91 -1.74%
BAC /quotes/zigman/190927/composite 12.26 -0.70 -5.37%
C /quotes/zigman/5065548/composite 37.77 -2.09 -5.25%
F /quotes/zigman/264304/composite 11.58 0.13 1.14%
T /quotes/zigman/398198/composite 36.97 0.09 0.24%
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MMA $50K+
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You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.88% 11.62%
Business 13.12% 13.11% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.30% 14.12%
Airline 15.17% 15.16% 15.10%
Cash Back 15.26% 15.23% 15.27%
Reward 15.28% 15.25% 15.14%
Instant Approval 18.21% 18.18% 18.00%
Bad Credit 22.88% 22.88% 22.73%
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Can Livestrong Weather Armstrong’s Disgrace?

Now that Lance Armstrong has lost his seven Tour de France titles, the cancer nonprofit that bears his name may lose some of its donor base. It shouldn’t be that way, given the organization’s record, but experts say this is the gamble charities take by tying their fate to  a celebrity.

The U.S. Anti-Doping Agency stripped Armstrong of his victories Thursday  after the cyclist notified the agency that he would no longer fight allegations he used performance-enhancing drugs, and would instead focus on other things, including his charitable endeavors. The agency also banned Armstrong for life from participating in sports and events sanctioned by groups that adopt the World Anti-Doping Agency code.

Experts say it may be unwise for consumers to base their donations on a celebrity’s attachment to a particular group. “That’s not a good reason to give to charity,” says Sandra Miniutti, a vice president with ratings guide CharityNavigator.org. “You need to kick the tires.” Some, like Michael J Fox’s eponymous foundation for Parkinson’s research, get high marks from rating guides, but others, including the Christopher and Dana Reeve Foundation and The Children’s Health Fund (co-founded by Paul Simon) aren’t deemed as effective as other nonprofits doing similar work. The groups rate the charities on a variety of criteria, including having a good ratio of expenses put toward programs versus administrative costs, and on how transparently they are run. (For tips, see our how-to guide.)

However, in the case of Lance Armstrong’s namesake foundation, the charity’s reputation appears as stellar as the cyclist’s in his heyday. The group received high marks from Charity Navigator and the Better Business Bureau’s Wise Giving Alliance. “There’s no indication that there’s a relationship between Lance the athlete and the particular work of the foundation,” says H. Art Taylor, president and chief executive of the BBB Wise Giving Alliance. Its finances are solid, and as long as the foundation continues to operate effectively, there’s no reason for those ratings to change, he says.

But the legendary cyclist’s likeability — or lack thereof — may still sway donors, potentially affecting the charity’s revenue and effectiveness in future years. (According to the most recent data available, after Tiger Woods admitted to infidelity in late 2009, his Tiger Woods Foundation saw contributions fall 45% to $7 million in 2010. That’s just a little less than the contribution levels of 2008. But the charity still has good standing with rating groups.) “It could [hurt the foundation] if people give based on their affinity for Lance Armstrong, and that’s not easy to determine upfront,” Taylor says. Corporate donors could also shy away, says George Belch, a professor of marketing at Dan Diego State University’s Sports Business MBA program. Nike said in a statement Friday that it would continue to support Armstrong and the foundation. But with a ban in place, a previous $1 million donation deal for Armstrong to compete in World Triathlon Corporation events may be up in the air. The WTC had already paid out $250,000 to the foundation. (The Lance Armstrong Foundation did not respond to requests for comment.)

According to the most recent data available, contributions to the foundation during 2010 — the year doping allegations first came to light — fell 27% from 2009, to $29.7 million. Total revenue, however, rose 1.1% that year to $42.3 million. Earlier this month, executives told USA Today that donations this year were up 20% compared with the last two years, and the average amount donated rose from $72 to $75.

Public awareness of the doping accusations, which date back to 2010, may help the foundation to stay solvent, Belch says. Executives likely have plans in place to continue attracting both private and corporate donations. Armstrong’s announcement, which he said was not an admission of guilt or an acceptance of the sanctions, could also help. “It’s been handled in such as way that it allows people to make up their own minds,” Belch says. “The public tends to be somewhat forgiving, and they can also compartmentalize him versus the foundation, which has a very strong reputation.”

Down the line, donors should keep an eye on not just whether the charity is bringing in less, but if a change in its finances has made it less effective than other charities offering similar services, Miniutti says. That’s a better indication of whether or not to make a donation.

 

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    • The disgrace is not Armstrong’s, it is USADA’s! Armstrong passed every test ever asked of him, and they still accuse him of doping. So either they are saying that tests prove nothing, or they don’t care about proof. If the test prove nothing then still requiring them is an abuse of power (read bullying), and a waste of time and money. If the tests do prove something, then ignoring them is to ignore physical evidence so they can follow the accusations of a known cheat. That is even worse.

    • I agree w/Tray. Sloppy reporting. USADA has RECOMMENDED he be stripped of titles, but they cannot take away what they did not confer upon him. They say they have eyewitnesses prepared to testify, but will not allow a fair court setting, which is why LA said he will not continue to fight this. There are other governing bodies, namely the UCI, which has condemned USADA’s actions, and the CAS to which LA can and likely will appeal. TdF is owned by a private family in France and they’ll decide whether to officially take away titles. Nuisance USADA, taxpayer funded, needs to go away.

    • This is some truly terrible reporting. The Reeve Foundation is a BBB Wise Giving Alliance charity seal holder. Had this reporter done any homework at all, he would have learned that Charity Navigator has not been relevant to non-profit accountability for years.

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

New York Markets Close in:

need to know
Apollo Education Group to be taken private
Cracking down on college financial-aid cheats
BioCryst shars plunge after disappointing study
Volkswagen's quality-control chief resigns
The link between stress and high cholesterol
Confusion in London as bus explodes on bridge
Struggling LeapFrog bought by VTech


Tesla downward revision is among the biggest

Yellen may say goal is not to slow the economy
Latest sign of a softening U.S. jobs market
Expansion won’t die of old age: S.F. Fed study

12th March 1954:  Lynda Sharp pours water over her sister Margot whilst sharing a bath at their home in Chorley Wood, Buckinghamshire.  (Photo by Fox Photos/Getty Images)  
23 stocks they’re throwing out with the bathwater

Chipotle wants to give you a burrito — how to get it
Chipotle closes up shop for a few hours Monday
VOTE: If not Chipotle, where would you eat?

Chesapeake denies bankruptcy plan as shares dive
What are the 8 strongest S&P energy stocks?

20 dividend stocks that Wall Street loves the most
The 20 dividend stocks that Wall Street loves most
Dividend stocks that will give you a raise

Venezuela can’t get Saudis to cut oil production
Only place left to invest if ‘Oilmageddon’ hits
Iran sets crude oil export volumes for Europe
Mark Mobius no longer investing in Petrobras


Rubio in freefall in New Hampshire betting
Republican primary: 3 things to watch
Voter turnout in each U.S. state (24/7 Wall St.)
Americans giving up citizenship at record rate

In the U.S., socialism is no longer such a dirty word
Bill Clinton: Sanders is ‘enemy of all things big’

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Blunders may reveal real flaws in Clinton and Rubio
All those terrible things Hillary Clinton has done

Geithner gets investment aid from J.P. Morgan

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Why a selloff in European bank stocks is ominous
Bank stocks have taken enough: analyst

What you can expect in Coca-Cola’s earnings

Hasbro blows past estimates as Star Wars boosts revenue
Hasbro blows past estimates on Star Wars boost
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Teen gets to keep $20,000 gold bar found in lake
Gold one of Wall Street’s best bets early in 2016
Chinese herdsman finds 17-pound gold nugget


Randgold raises dividend after record output
Rio Tinto, 5 others quit London Metal Exchange
Anglo American CEO: Tough 2016 ahead
Is the gold rally the real deal or ‘fool's gold’?

China’s forex reserves poised for another record drop
China’s foreign-currency reserves drop $99 bln

New refugee crisis is looming at Turkey’s border

N. Korea faces new sanctions after rocket test
North Korea fires long-range rocket
The 6 most corrupt countries in the world



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/quotes/zigman/627449/realtime 15,984 -221 1.36%
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/quotes/zigman/12633936/realtime 4,270 -93 2.14%
S&P 500
/quotes/zigman/3870025/realtime 1,849 -31 1.67%
GlobalDow
/quotes/zigman/629063/realtime 2,103 -36 1.66%
Gold
/quotes/zigman/33772884/delayed 1,193 +35 3.06%
Oil
/quotes/zigman/2260836/delayed 30.01 -0.88 2.85%
FTSE 100
/quotes/zigman/3173262/delayed 5,689 -159 2.71%
DAX
/quotes/zigman/2380246/delayed 8,979 -307 3.30%
CAC 40
/quotes/zigman/3173214/delayed 4,066 -134 3.20%
FTSE MIB
/quotes/zigman/1482176/delayed 16,441 -809 4.69%
IBEX 35
/quotes/zigman/2759620/delayed 8,122 -377 4.44%
Stoxx 600
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/quotes/zigman/1652085/delayed 24,287 -330 1.34%
Singapore
/quotes/zigman/1709939/delayed 2,623 +65 2.53%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.43%
Yen
/quotes/zigman/16008150/realtime/sampled 115.61 -1.26 1.08%
Pound
/quotes/zigman/16008140/realtime/sampled 1.44 -0.01 0.46%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 +0.00 0.31%
DXY Index
/quotes/zigman/1652083/delayed 96.65 -0.40 0.41%
WSJ $ Idx
/quotes/zigman/41508961/realtime 89.62 -0.19 0.21%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.74 -0.09 5.14%
German 10y
/quotes/zigman/15866409/realtime 0.22 -0.08 26.83%
Italy 10yr
/quotes/zigman/15866497/realtime 1.70 +0.14 9.21%
Spain 10yr
/quotes/zigman/15866444/realtime 1.76 +0.11 6.81%
U.K. 10yr
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Japan 10yr
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/quotes/zigman/25518691/delayed 363 -3 0.89%
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/quotes/zigman/48241424/delayed 15,871 -260 1.61%
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/quotes/zigman/43106711/delayed 1,838 -38 2.00%
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/quotes/zigman/32655632/delayed 15 +1 4.04%

Quotes

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AAPL /quotes/zigman/68270/composite 94.88 0.86 0.91%
GOOG /quotes/zigman/59527964/composite 671.10 -12.47 -1.82%
BAC /quotes/zigman/190927/composite 12.26 -0.70 -5.37%
C /quotes/zigman/5065548/composite 37.76 -2.10 -5.27%
F /quotes/zigman/264304/composite 11.56 0.11 0.97%
T /quotes/zigman/398198/composite 36.97 0.09 0.24%
BP /quotes/zigman/247026/composite 29.87 -0.59 -1.93%
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Avg. APR Last Week 6 Months
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Business 13.12% 13.11% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.30% 14.12%
Airline 15.17% 15.16% 15.10%
Cash Back 15.26% 15.23% 15.27%
Reward 15.28% 15.25% 15.14%
Instant Approval 18.21% 18.18% 18.00%
Bad Credit 22.88% 22.88% 22.73%
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