Chiquita Brands (NYSE: CQB) was sued for supporting dangerous para-military groups in Columbia in 2007. The EU began what is likely to be a vigorous examination of the Western Digital (NYSE: WDC) takeover of Samsung’s disk drive business. 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||GOOG||35.86||+4||More concerns that Android does not make money|
|2||Chiquita Brands International||CQB||35.729||+656||Columbia paramilitary payoffs|
|3||Research In Motion Limited||RIMM||34.034||-1||Still being beaten down by Apple|
|4||Massey Energy||MEE||30.687||+3||West Virginia may block M&A|
|5||General Motors||GM||29.789||-2||May auto sales will be weak|
|6||Western Digital||WDC||28.731||+326||EU may stop purchase of Samsung disk unit|
|7||Hewlett-Packard||HPQ||28.166||+6||Management turnover grows|
|8||Comerica||CMA||27.804||-4||Bank gets low rating in new reputation report|
|9||Pfizer||PFE||26.891||+6||About to buy Ferrosan’s consumer healthcare business.|
|10||Fannie Mae||FNM||26.442||-1||Will almost certainly be shuttered|
|2||Chiquita Brands International||CQB||35.729||+656||Trouble with Columbian payments|
|6||Western Digital||WDC||28.731||+326||EU scrutiny of deal|
|14||Freddie Mac||FMCC||25.297||+168||Issues new three-year reference notes|
|15||BB&T Corp.||BBT||23.24||+181||Criticism of bank’s trust preferred securities|
|21||Exxon Mobil||XOM||21.617||+42||Restarts key LA refinery|
Data and ranking provided by the Flame Index.
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