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The 24/7 Wall St./Flame Index: Companies With The Worst Press (6/10)
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American Electric Power received bad press because it shuttered some coal facilities and will lay-off workers. Toyota said its profits will fall 35%
The Washington Post’s Kaplan division will cut staff as revenue falls. The Citigroup dta breach received bad press worldwide.
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 |
|---|---|---|---|---|---|
| 2 | American Electric Power | AEP | 37.839 | 588 | Will shutter coal plants and lay off workers |
| 11 | Toyota Motor Corporation | TM | 25.638 | 121 | Says profits will fall 35% |
| 16 | Mohawk Industries | MHK | 22.214 | 177 | Earnings frighten investors |
| 31 | Autoliv | ALV | 19.711 | 163 | Hit with EU antitrust questions |
| 33 | Washington Post | WPO | 19.592 | 366 | Kaplan division fires workers |
| 35 | Citigroup | C | 19.216 | 163 | Security breach of credit card data |
| 40 | Bob Evans Farms | BOBE | 18.019 | 671 | Analyst upgrades stock |
| 41 | Comcast | CMCSA | 17.633 | 594 | Growth in concern about Netflix competition |
| 42 | Jones Lang LaSalle | JLL | 17.455 | 715 | Loses big for Holiday Inn location |
| 50 | Rite Aid | RAD | 16.733 | 231 | Move toward penny stock land |
Data and ranking provided by the Flame Index.
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