The 24/7 Wall St./Flame Index (May 17) Companies With The Most Negative Press
NYSE (NYSE: NYX) was thrashed as Nasdaq (NASDAQ: NDAQ) and ICE pulled their buyout offer due to regulatory concerns. Hewlett-Packard (NYSE: HPQ) was savaged by the press as information from its CEO about its weak quarterly numbers and future prospects…
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NYSE (NYSE: NYX) was thrashed as Nasdaq (NASDAQ: NDAQ) and ICE pulled their buyout offer due to regulatory concerns.
Hewlett-Packard (NYSE: HPQ) was savaged by the press as information from its CEO about its weak quarterly numbers and future prospects were leaked to the press.
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 |
|---|---|---|---|---|---|
| 1 | NYSE Euronext | NYX | 48.663 | +99 | Nasdaq pulls plan to buy. |
| 2 | GOOG | 31.344 | +1 | Concerns about antitrust probes | |
| 3 | Walt Disney | DIS | 28.983 | +3 | Rough earnings |
| 4 | Community Health Systems | CYH | 27.77 | +10 | Buyout of Tenet dies |
| 5 | Amazon.com | AMZN | 26.884 | +23 | May pull out of more states because of taxes |
| 6 | Hewlett-Packard | HPQ | 26.296 | +773 | Awful earnings, preceded by leak of CEO doc |
| 7 | Cisco Systems | CSCO | 26.212 | -6 | Still worried about future restructuring |
| 8 | Toyota Motor Corporation | TM | 26.212 | +9 | Japan quake cuts production |
| 9 | Eli Lilly | LLY | 25.092 | +72 | Amylin sues over drug JV |
| 10 | Warner Music Group | WMG | 24.812 | -8 | Will be sold off, but at low prices |
| 1 | NYSE Euronext | NYX | 48.663 | +99 | Nasdaq kills buyout |
| 6 | Hewlett-Packard | HPQ | 26.296 | +773 | Leaked memo kills shares |
| 11 | BorgWarner | BWA | 24.467 | +391 | Gets almost nothing from Honeywell patent settlement |
| 21 | Stryker | SYK | 19.764 | +620 | Moody’s savages over Orthovita buyout |
| 22 | iRobot | IRBT | 19.465 | +210 | Rough reaction to analyst day |
Data and ranking provided by the Flame Index.
Contact [email protected] for any questions or corrections.
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.