Investing

The 24/7 Wall St./Flame Index: March 11 Bad Weather For Del Monte

AIG (NYSE: AIG) suffered from news that it will buy back $16 billion of distressed securities. Del Monte (NYSE: DLM) received bad press because of concerns about poor weather effecting crops.

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 BP BP 32.058 0 Exxon Pushes Back on BP CEO
2 Chevron CVX 29.203 +5 Still trouble over Ecuador lawsuit
3 Dynegy DYN 27.842 -1 Board adds four news members post Chapter 11 talk
4 Toyota Motor Corporation TM 26.932 +1 Reorganization of management
5 General Motors GM 26.407 +1 CFO walks
6 American International Group AIG 25.682 +54 Proposes to buy back $16 billion in bad paper
7 Del Monte Foods DLM 25.408 +43 Worries weather has hurt crops
8 Massey Energy MEE 24.447 -5 New lawsuit risk due to mine collapse
9 Exxon Mobil XOM 22.235 0 Announces ambitious cap ex plan
10 Johnson & Johnson JNJ 21.281 0 FDA will oversee troubled plants

Data and ranking provided by the Flame Index.

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