The 24/7 Wall St./Flame Index: April 13 The Companies With The Worst News

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By Douglas A. McIntyre Published
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Cisco news was particularly negative as CEO John Chambers tries to take apart the segments of his company that perform poorly. Concerns about Toyota’s earnings remain high due to parts and production shortages. Community Health Systems hurt by its hostile takeover offer for Tenet.

Level 3’s buyout of Global Crossing raises concerns. Researcher say they have found a way to hack Ebay’s PayPal system.

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 Johnson & Johnson JNJ 64.814 0 No escape from its OTC drug recall issues
2 Alcoa AA 51.195 +24 Earnings below what Wall St. hoped. Stock falls
3 Tenet Healthcare THC 48.869 +584 Battling hostile takeover bid by Community Health Systems
4 Cisco Systems CSCO 38.384 +235 CEO Chambers fight for jobs as he restructures faltering firm
5 J.P. Morgan Chase & Co. JPM 38.085 +674 Good earnings, bad news?
6 Toyota Motor Corporation TM 33.409 +25 Cutting production in Europe as parts run low due to Japan earthquake
7 Community Health Systems CYH 31.593 +395 Potential takeover of Tenet may be at too much of a premium
8 Citigroup C 29.366 +220 Concern about whether it can match JPMorgan earnings
9 News Corp. NWSA 28.284 -7 Fall-out from phone tapping fades
10 Level 3 Communications LVLT 28.01 +223 Buys Global Crossing
3 Tenet Healthcare THC 48.869 +584 Takeover trouble
5 J.P. Morgan Chase & Co. JPM 38.085 +674 Good earnings
14 LSI LSI 25.56 +521 Announces new technology which appears to have bombed
15 eBay EBAY 25.51 +573 Researchers say they can cheat the company’s PayPal system.

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.

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