The 24/7 Wall St./Flame Index: Fannie And Freddie Losses

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Freddie Mac and Fannie Mae moved to the top of the negative news search as both lost billions of dollars. Frontier Oil remained high on the list due to concerns about its M&A plans. HealthSouth moved into the Top 10 after filing its 10-K.

Note: The Flame Index scans thousands of news sites 24 hours per day and ranks companies getting the most negative press right now. The Flame Index Media Analysis Algorithm crunches the data for an up-to-the-minute ranking of the hardest-hit companies.

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 Freddie Mac FMCKJ 37.441 +37 Large quarterly losses
2 Fannie Mae FNMAS 34.167 +8 Large quarterly losses
3 Frontier Oil FTO 29.945 -2 Concern about Holly M&A. Shareholder lawsuits
4 Walt Disney DIS 29.838 -1 New online video distribution hurts old media models
5 PNC Financial Services Group PNC 29.45 +4 Concern about pressure from government to increase lending
6 Bank of America Corp. BAC 29.227 +10 Concerns rise about mortgage settlement with Washington
7 HealthSouth HLS 23.678 +681 Released 10-K causes concerns
8 Ford Motor F 23.369 +82 GM profits show its competitive powers return
9 BP BP 23.067 -2 Still dogged by worries about regulators and Gulf spill
10 NYSE Euronext NYX 22.235 +7 Merger with Deutsche Borse may be troubled

Data and ranking provided by the Flame Index.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618