Carnival and GM were both victims of concern about oil price changes. The Flame Index started as a research tool in 2008 at the NY Innovation Design Lab (nyidlab). It was used as a general metric to evaluate companies and their risk in the media. Publicly traded Fortune 500 companies are used as a measure to calculate an overall market of negative news and the companies are ranked within that market.
|Rank||Company||Ticker||Score||Change in Rank||Comments|
|2||Gannett||GCI||34.609||+153||Will layoff 700 people|
|21||News Corp.||NWSA||20.251||+120||Hulu, partially owned by NWS for sale|
|30||Marshall & Ilsley Corp.||MI||19.115||+304||Deal for Bank of Montreal to buy MI closes|
|32||Dollar Tree||DLTR||18.96||+83||Concerns about retail sales?|
|36||Exxon Mobil||XOM||18.293||+93||Wild ride of oil prices|
|39||Carnival Corp.||CCL||17.842||+656||Fuel costs for ships hurt margins|
|42||Lockheed Martin||LMT||17.094||+538||Gets money for F-35, but otherwise no Paris Air Show news|
|45||Burlington Northern Santa Fe||BNI||16.909||+158||How did this get here? Buffett bought it a year ago|
|46||Staples||SPLS||16.487||+636||Canadian operation has data privacy trouble|
|49||General Motors||GM||16.656||+188||High gas price will hurt holiday travel|
Data and ranking provided by the Flame Index.