Investing

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 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 Google 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.