Investing
The 24/7 Wall St./Flame Index: Companies With The Worst Press (6/13)
Published:
News that a drought in west Texas could undermine oil and gas production hit Halliburton, Anadarko, and KBR.
Bank of New York Mellon was hit by negative coverage of a problem of how it handled mortgage securities paperwork
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 |
|---|---|---|---|---|---|
| 14 | Bank of New York Mellon Corp. | BK | 23.544 | +125 | Government probes role in mortgage securities |
| 18 | Fannie Mae | FNM | 21.691 | +553 | Administration considers complete liquidation |
| 22 | Halliburton | HAL | 20.62 | +135 | Growing competition from Baker Hughes |
| 25 | Comerica | CMA | 20.181 | +768 | Federal Reserve may tighten capital rules |
| 33 | Raymond James Financial | RJF | 18.726 | +651 | Another potential victim of Fed rules |
| 36 | Anadarko Petroleum | APC | 18.533 | +446 | Drought threatens oil drilling in West Texas |
| 42 | KBR | KBR | 17.916 | +341 | More concern about Texas production |
| 43 | Lowe’s | LOW | 17.874 | +645 | Home retailer says it may have too many stores to serve weak market |
| 45 | Chevron | CVX | 17.696 | +250 | Pulls out of Black Sea drilling venture |
| 49 | Valassis Communications | VCI | 17.366 | +113 | Major challenge from Groupon |
Data and ranking provided by the Flame Index.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
